Bitcoin Mining Profitability Fell in September, Jefferies Says
October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.
Posts published on October 14, 2024 go to media archive 3/3
Samara Asset Group Plans up to $32.8M Bond to Expand Bitcoin Holdings
Samara has mandated Pareto Securities to manage bond issuance, which aims to increase bitcoin reserves and expand its investment portfolio.
Crypto Neobank Banq's Bankruptcy Case Dismissed by U.S. Judge
The filing was dismissed because a U.S. judge who called the application a "bad faith" tactic.
Telegram to open an office in Kazakhstan, boost regulatory compliance
Telegram’s agreement to set up an office in Kazakhstan aligns with the firm’s increasing compliance efforts as its CEO remains in France amid an ongoing investigation.
Latam Insights Encore: Venezuela Can Grow to Be Latin America’s Crypto Haven
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the possibility of Venezuela growing to become the top cryptocurrency market in Latam and…
Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week
Unlocks increase the total available supply of a certain token but don’t necessarily hit the open market immediately.
'Like Bitcoin on steroids' — Why is MSTR stock trading at a 2.7x premium?
MicroStrategy stock trades at a premium to its Bitcoin holdings amid its leveraged strategy and cash flows from its software business.
Trump's New Administration Would Support Strong Dollar, Economic Advisor Says
A potential Trump presidency could bode well for one of BTC's top nemesis, the U.S. dollar.
Bad Decisions By Ethereum Foundation Hurt ETH Price, Hedge Fund CIO Says
Zaheer Ebtikar, the Chief Investment Officer (CIO) and founder of Split Capital—a hedge fund specializing in liquid token investments—has attributed the Ethereum underperformance over the last months to strategic missteps by the Ethereum Foundation…
Vitalik Buterin ponders Ethereum’s future post-Merge
Ethereum co-founder Vitalik Buterin shared his vision for the future of the protocol, with an emphasis on the areas of improvement for proof-of-stake, security and more in a post-Merge world.
Australia’s First Spot Ether ETF to Go Live on Tuesday
The launch of Monochrome Ethereum ETF follows the crypto investment firm's spot bitcoin ETF, which went live in August.
Solana (SOL) Reclaims $150: Is The Rally Back On?
Solana climbed higher above the $140 resistance zone. SOL price is rising and might gain bullish momentum if it clears the $155 resistance. SOL price is attempting a fresh increase above the $142 pivot level against the US Dollar. The price is now…
Bitcoin Begins the Week on a High, Jumps Above $64K
Crypto majors moved higher Monday while memecoins led weekend action. PLUS: China stimulus announcements fell short of expectations, but traders’ hopes remain high.
Vitalik Buterin sells another $1.6M in memecoins promised for charity
Buterin has donated $884,000 to charities over the last 10 days as memecoiners continue to send tokens to his wallet.
XRP Price Range-Bound: Can It Break Out or Stay Stuck?
XRP price is moving higher from the $0.5250 support. The price could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels. XRP price is attempting a fresh increase above the $0.5320 support. The price is now trading above…
Crypto short liquidations breach $100M as Bitcoin reclaims $64K
Bitcoin reached its highest price so far in October, surging above $64,000 early on Oct. 14 and liquidating over $52 million from those betting its price would fall.
Report: Arkham Intelligence Plans to Roll out Crypto Derivatives Exchange
According to someone with direct knowledge of the situation, speaking with Bloomberg, Arkham Intelligence, the company behind the multi-blockchain monitoring and parser tool, is gearing up to introduce a crypto derivatives exchange next month…
Ethena Labs Proposes SOL for USDe's Collateral
If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.
An AI bot didn’t create the GOAT crypto token — But did shill it
An a16z-funded AI bot called Truth Terminal did not launch a memecoin called GOAT, but it did endorse the token and sent it briefly rallying to a value of just over $150 million.
Ethereum Price Gains Bullish Momentum: Is a Breakout Near?
Ethereum price started a steady increase above the $2,450 resistance. ETH is holding gains and might gain bullish momentum above $2,520. Ethereum started a steady increase above the $2,420 and $2,450 resistance levels. The price is trading above…
Bitcoin Price Restarts Its Climb: Is The Rally Back On?
Bitcoin price started a fresh increase above the $62,000 resistance zone. BTC is now consolidating and might aim for more upsides above $63,000. Bitcoin is struggling to start a fresh increase above the $63,200 zone. The price is trading above…
Bitcoin’s price return ‘stands apart from the crowd’ — NYDIG
Bitcoin is a stand-out asset for its returns compared with other asset classes despite its volatility, says NYDIG.
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold…
Scientists breach cryptographic algorithms with quantum computer: SCMP
Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack.
Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million.
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
James Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing…
Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
Uniswap Labs and UNI tokenholders will benefit the most from Unichain, while ETH holders will likely see the biggest loss, says DeFi Report founder Michael Nadeau.
TD Bank Makes History as First US Bank to Plead Guilty to Money Laundering Conspiracy
TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead…
Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial…