Cryptocurrencies weren’t spared as stocks, bonds, gold and oil all declined on Wednesday. Original
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Day: October 23, 2024
Trump Polymarket Odds Briefly Dip After His No. 2 Bull Adds Bet on Harris
In recent days, a flurry of mainstream media outlets and (often pro-Harris) social media posters have suggested, with varying degrees of certainty, that pro-Trump forces are manipulating Polymarket to make his chances look higher than they are. These claims cite heavy buying by Fredi9999, Theo4, and other Trump whales. Source
Bitcoin Bull Michael Saylor Clarifies Stance on Self-Custody Amid Backlash
Following the backlash from his earlier comments regarding custody providers and self-custody, Michael Saylor turned to X to clarify that he does not oppose self-custody. During an earlier interview, Saylor had minimized the role of self-custody, stating, “I think that when the bitcoin is held by a bunch of crypto-anarchists who aren’t regulated entities who […] Original
US Institutions Lead The Charge
Este artículo también está disponible en español. American institutions are making ripples in the cryptocurrency market, having invested a staggering $13 billion in spot Bitcoin ETF shares since its inception in January 2024. Many people are surprised by this move, given that traditional financial institutions were first hesitant to enter the world of digital assets. Related Reading According to CryptoQuant CEO Ki Young Ju, 1,179 institutions currently own a total of 193,064 BTC, indicating a major shift in opinion towards crypto investments. Institutional Adoption Grows The adoption of Bitcoin ETFs…
Arkham Reveals Tesla’s $765M in Bitcoin Still Intact—Here’s What’s Happening
According to Arkham Intelligence, the bitcoin transferred by Tesla last week was likely just relocated to newer wallets, but the company still holds control over the funds. Arkham revealed that the assets are now spread across seven separate wallets. Arkham Confirms Tesla’s Bitcoin Stash Remains Untouched—Spacex Holds $550M The crypto community buzzed last week when […] Original
Major Bitcoin miners back pro-crypto PAC with $2m Campaign
Riot Platforms, Marathon Digital, and CleanSpark, three of the largest Bitcoin mining companies in the U.S., have backed a new political action committee to support pro-crypto candidates in key swing states. This committee, the Bitcoin Voter PAC, has launched a $2 million digital ad campaign aimed at Pennsylvania and Texas voters, according to Fox Business. The PAC will promote Republican candidates such as former President Donald Trump, Senator Ted Cruz, and Senate candidate Dave McCormick. The ads focus on the benefits of Bitcoin (BTC) and digital assets, emphasizing their potential…
Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined. Source
The Protocol: Justin Sun, Bitcoin Mempool Sniping, XRP for Harris, Inspirational Women
This week’s issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun’s role in the WBTC project, bring you excerpts from the new crypto book “Lessons Learned” and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse. Source
Monero Decrypted? Japanese Police Report Breakthrough in Flow Analysis Development
The Japanese National Police Agency’s Cyber Special Investigation Division announced the arrest of a suspect accused of money laundering, computer fraud, and credit card phishing crimes. Japanese authorities disclosed that they identified the suspect by analyzing his operations on Monero, a highly private and confidential blockchain. Japanese Police Allegedly Catch Money Laundering Ringleader Using Monero […] Source CryptoX Portal
Court Orders Massive LUNC Burn As Part Of $4.5 Billion Settlement For Terraform Labs
Este artículo también está disponible en español. The Terra Classic community is preparing for a supply shock that the LUNC coin could soon face. This is based on a court settlement that has mandated Terraform Labs to burn the tokens in their possession. Court Orders LUNC Burn As Part Of Terraform Labs Settlement Terraform Labs is set to carry out LUNC burns as part of its $4.5 billion settlement with the US Securities and Exchange Commission (SEC). These burns must be carried out before the end of this month, or…