Day: October 23, 2024

Vitalik Buterin calls Michael Saylor’s comments on Bitcoin ‘insane’

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Ethereum co-founder Vitalik Buterin criticizes MicroStrategy chairman Michael Saylor’s remarks that suggests he is in favor of crypto users using big banking institutions to hold custody over Bitcoin. In an X post, Vitalik Buterin calls Michael Saylor “batshit insane” over comments he made in an interview with Madison Reidy related to Bitcoin(BTC). He disagrees with Saylor’s remarks, specifically the ones where he seemed to be “explicitly arguing for a regulatory capture approach to protecting crypto.” Saylor argued with Saylor’s approach as it implies that regulated public entities should hold digital…

Why Partisia’s Blockchain May Be Uniquely Placed to Solve the Data Privacy Issue

“Partisia was founded to tackle a critical ‘real world’ challenge: enabling collaboration on sensitive data without compromising privacy,” Youngman said. “Our blockchain draws on decades of cryptographic expertise from pioneers like Ivan Damgård allowing us to build solutions that not only overcome barriers to real-world adoption but also create entirely new business models, giving individuals and enterprises unprecedented control over their data.” Source

Crypto hedge fund managers JellyC and Trovio merge to attract pension fund investment

Australian crypto hedge fund manager JellyC has merged with Singaporean Trovio Asset Management in an effort to attract bigger allocations from investors, such as pension fund investment. According to a Bloomberg report on Oct. 23, Australian hedge fund manager JellyC will hold the majority of shares as it merges operations with Trovio Asset Management, said company executives. CEO of Trovio, Jon Deane said Trovio plans to eventually dispose of shareholding in the merged business, but he did not specify when it is scheduled to occur. JellyC’s Co-Founder Michael Prendiville said…

Blockchain Week Dubai 2024 Ticket Prices Set at $600

Ted Hisokawa Oct 23, 2024 08:33 Early Bird Tickets for Binance Blockchain Week Dubai 2024 are sold out, with regular tickets now priced at $600, excluding VAT. The event will be held at Dubai’s Coca-Cola Arena. The highly anticipated Binance Blockchain Week Dubai 2024 has announced that the Early Bird Tickets are sold out, with standard tickets now available for $600, excluding a 5% VAT. This announcement was confirmed by Binance on October 23, 2024, as reported by Binance. Event Details The…

Bitcoin’s (BTC) Impending Golden Cross and Overhyped Concerns of Rising U.S. Treasury Yields

“Central banks think policy is tight and want to cut gradually. If employment cracks, they will cut fast. If employment bounces, they will cut less. Two months ago, bonds were pricing a strong possibility of falling behind the curve. Now the recession skew is gone, yields are up. That is not bearish risk assets and it doesn’t mean the Fed has screwed up,” Dario Perkins, managing direction, global macro at TS Lombard, said in a note to clients on Oct. 17. Source

Tesla didn’t sell its Bitcoin—could BTC payments be back on the table?

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Tesla might still be holding onto its $777 million Bitcoin stash after last week’s transfers to multiple new wallets, which sparked speculation that a sell-off could be forthcoming. In an Oct. 22 follow-up, Arkham Intelligence noted the recent movements of Tesla’s Bitcoin to multiple new wallets were likely just routine wallet rotations, and the 11,509 BTC is “still owned by Tesla.” 𝗨𝗣𝗗𝗔𝗧𝗘: 𝗧𝗘𝗦𝗟𝗔 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗪𝗔𝗟𝗟𝗘𝗧𝗦 We believe that the Tesla wallet movements that we reported on last week were wallet rotations with the Bitcoin still owned by Tesla. Tesla moved…

XRP Transactions Fall, But Active Wallets And DeFi Liquidity Tell A Different Story

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Este artículo también está disponible en español. XRP, the sixth largest cryptocurrency by market capitalization, has seen an interesting trend in its transaction activity, despite a few notable declines in other metrics. A recent analysis by a CryptoQuant analyst, Wenry, sheds light on key trends within the XRP ecosystem, offering insights into the activity happening behind the scenes. The analyst particularly revealed where XRP transactions are used by category activity. Related Reading XRP Transactions: Decline in NFT Activity And Rise in DEX Volume According to Wenry, XRP’s daily transaction volume…

MakerDAO Contemplates Dropping SKY as Community Debates

Christensen wrote that three proposals are being considered to address community concerns: continue with Sky as the core brand to build on its recent momentum, recenter the Maker brand with its original identity and reinstate MKR as the sole governance token, or bring Maker back with a refreshed brand that aligns with the current ecosystem while maintaining its established trust and stability. Source