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Cryptocurrency News

Location American Cryptocurrency News for 17 October 2024
Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty Central banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support ...
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Four Reasons Elon Musk's Tesla May Have Moved $760M of Bitcoin The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.
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The Big Role Ethena's USDE Could Play in Hyperliquid's Upcoming Mainnet Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliqu...
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Solv launches Bitcoin staking token on Solana

Coin Telegraph - 17 Oct 2024 23:02
Solv launches Bitcoin staking token on Solana Bitcoin's emerging layer-2 and DeFi ecosystems are sparking competition for BTC liquidity on other chains.
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Bitcoin bears turn 'giddy' at prospect of sub-$60K BTC price Analysts say Bitcoin price pullbacks "will happen" and suggest that traders avoid impulsive trading.
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Stripe in talks to acquire stablecoin platform Bridge -- report Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation.
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QCP Capital Reports Bitcoin Lifted by Spot Demand--What Analysts Are Watching Next Bitcoin (BTC) enjoyed a 2.20% boost driven by rising spot demand, briefly touching $68,000 before settling at $67,000, according to Singapore-based digital asset trading firm QCP Capital. The firm highlighted strong opti...
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Bitcoin price drops under $67K as investors chase profit in stocks Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC.
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Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.
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U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says A federal judge "erred" in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reite...
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Venezuelans Crave USDT as Dollar Exchange Rate Explodes Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by inj...
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Sam Altman's Eye-Scanning Orbs Can Now be Summoned 'Like a Pizza', Say Worldcoin Execs The project will now be know simply as "World" and plans to release "Orb 2.0," the executives said during a presentation.
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Most US voters prefer a pro-crypto candidate -- Grayscale CLO More than half of voters in the United States are more likely to vote for a pro-crypto candidate versus one who is not, Craig Salm said.
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Is Microstrategy's Bitcoin Leverage a Bigger Threat Than FTX? Vinny Lingham Suggests It's Possible Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrategy. This company hol...
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Pepe Unchained ICO Secures $20M for New Meme Coin Layer-2 Network, Opens Developer Grants In a market always hunting for the next big thing, Pepe Unchained (PEPU) is standing out. With a huge $20 million now raised in its ICO, this new project is continuing to attract attention from investors and analysts ali...
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The dams are open: Spot Bitcoin ETFs harness $20B after 4th consecutive day of inflows Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January.
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FBI Arrests Alabama Man in Connection With SEC X Account Hack That Spiked Bitcoin Prices A man from Athens, Alabama, was arrested Thursday for his role in the January 2024 hack of the U.S. Securities and Exchange Commission's X account. The hack led to a false announcement regarding bitcoin exchange-traded f...
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FBI arrests hacker behind SEC fake Bitcoin ETF approval

Coin Telegraph - 17 Oct 2024 18:04
FBI arrests hacker behind SEC fake Bitcoin ETF approval Eric Council Jr. faces charges of conspiracy to commit aggravated identity theft and access device fraud.
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Bitcoin rally to $68.4K may have been the Uptober top -- Here's why Bitcoin's price rejection at $68,500 and the record high use of leverage could be signs that BTC is in for a sharp correction.
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$20B Flows Into Bitcoin ETFs Since January - Wednesday's Top Players Revealed On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another high-activity trading session, pulling in $458.54 million in gains. Meanwhile, ether ETFs also saw inflows, with $24.22 million moving into...
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Jailhouse Block: Elvis Digital Art Collection Inscribed on the Bitcoin Network A digital art collection of Elvis Presley, "Elvis Side $Btc," has been minted by OrdinalsBot and IP project Royalty.
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Crypto for Advisors: Bitcoin's Price

Coin Desk - 17 Oct 2024 17:00
Crypto for Advisors: Bitcoin's Price Bitcoin began to gain wider attention in the October 2023 rally when it became more clear that so-called "spot" ETFs would be approved and launched soon. The launch of 11 ETFs on Jan. 11 was a milestone for the digital a...
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