Crypto prices on Monday showed positive movements, indicating an optimistic sentiment in the broader market as values trended higher. Crypto Market Shows Green Signals as Investors Eye Fed Meeting Crypto prices were on the rise on Monday, October 30, reflecting a preference for riskier assets among investors. Simultaneously, market participants are keenly anticipating the Federal…
Elon Musk’s statement that posts receiving community notes on X (previously known as Twitter) won’t be monetized has sparked mixed reactions among users. This has led to debates about how it might affect online humor and content accuracy. On Sunday, Musk posted on X, stating that any post on the platform receiving corrections through Community…
As Bitcoin was on the rise, technology stocks were simultaneously declining. All eyes are now on the Federal Reserve’s upcoming decision scheduled for Wednesday. Notably, Santiment, a data analytics firm, has noticed that as cryptocurrency prices surge, traders are showing an increased appetite for risk. Cryptocurrencies on the Rise Amid Bitcoin ETF Optimism Major cryptocurrencies…
ProShares and Grayscale are at the forefront of a surge in Bitcoin investment products, and experts are optimistic that this indicates strong interest in a physically-backed Bitcoin ETF. The price of Bitcoin, with the ticker symbol BTC, has dipped to $34,182. However, institutional investment products are experiencing a significant increase in trading volume. This surge…
Federal Reserve Chair Jerome Powell’s comments about the US economy are essential for predicting how Bitcoin (BTC) prices might change. The results of the U.S. Federal Reserve’s FOMC meeting in late October and early November 2023 might have a small effect on both stock prices and Bitcoin (BTC). However, the real impact on the market…
Gabor Gurbacs, a strategy advisor at VanEck, believes that El Salvador’s economy will grow significantly in the coming years due to new investments and an influx of immigrants. He thinks that El Salvador can become a financial hub in the Americas, similar to Singapore’s status in Asia. Gurbacs shared this perspective in a post on…
Billionaire Elon Musk announced that he’s changing his social media platform X (formerly Twitter) into a full-fledged financial platform. He stated that this platform will handle all aspects of people’s financial lives, from payments to everything related to money, and he emphasized that you won’t need a traditional bank account anymore. Elon Musk, the CEO…
A U.S. court has ruled that Ryder Ripps and Jeremy Cahen must pay Yuga Labs $1.57 million in a lawsuit related to Bored Ape Yacht Club (BAYC) NFTs. Yuga Labs received $1.37 million for disgorgement and an additional $200,000 in statutory damages. The court rejected the “satire” defense, stating that the defendants intentionally infringed on…
An Indian gynecologist lost over $132,000 in a crypto scam after following advice from an online advisor. The scam involved buying cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with the scammers continually asking for more money. The doctor has reported the incident to the police, and there is currently an ongoing investigation into…
The writer of “Rich Dad Poor Dad” includes Kevin O’Leary and CNBC’s Jim Cramer in a list of well-known investors who were deceived by former FTX CEO Sam Bankman-Fried. The author of the popular book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has mentioned two well-known investors who were deceived by former FTX CEO Sam Bankman-Fried…
Today’s cryptocurrency prices on October 28 were a mix, indicating rising volatility in the market following a recent rally. Today, many major cryptocurrencies had losses on Saturday, October 28, but the market showed resilience. These fluctuations could be due to a recent significant rally in the crypto market. Bitcoin’s price was down slightly at $34,047.77,…
Elon Musk’s venture, X, has a grand vision to become a central financial hub in people’s lives. Musk aims to have X replace traditional bank accounts for all financial needs. During X’s first all-hands meeting on October 26, Elon Musk revealed his plan to transform the platform into a primary hub for managing all financial…
The Crypto Fear & Greed Index is hitting levels not seen since the peak of the crypto market in November 2021. Market sentiment, reflecting how people feel about the market, has climbed back to the excitement of that time when Bitcoin reached $69,000. The index now stands at 72 out of 100, putting it in…
Despite a 50% decrease from its peak value of $69,000 against the U.S. dollar, Bitcoin has achieved new all-time highs when measured against some of the world’s most inflation-prone fiat currencies. In a span of 30 hours on October 23 and 24, the price of one Bitcoin reached record levels when denominated in the Argentine…
Elon Musk has responded to the introduction of audio and video features on X as part of the platform’s transformation into an “Everything app.” With the aim of transforming X, formerly known as Twitter, into an “everything app,” Elon Musk provided a teaser for users. He posted a tweet on October 26, guiding users on…
Bitcoin’s price held firm above the $33,200 support level and is currently on the rise, with potential plans to break through the $35,000 resistance and embark on a new rally. “Bitcoin Bounces Back from Recent Dip, Eyes Higher Resistance Levels” Bitcoin experienced a correction after testing the $35,000 resistance zone. It briefly fell below the…
Despite a chaotic day filled with confusion about ETF listings, Bitcoin managed to recover from its losses and climb back above the significant $34,000 level. Bitcoin, the leading cryptocurrency, has managed to rise above $34,000 again after experiencing some fluctuations. The clarification from the Depository Trust and Clearing Corporation (DTCC) played a role in this…
Shibarium Scan, which is the blockchain explorer for the Shibarium network, has added a new and innovative feature that allows email connectivity. Shibarium Scan, the tool for exploring the Shibarium network, introduces a new feature. It enables users to link through email, providing easy access to real-time Shibarium updates and statistics. This optional feature, introduced…
Chainlink is expected to keep going up as more people are using it, and the network is getting busier. The Chainlink price rally is showing no signs of slowing down. It has surged another 12%, extending its weekly gains to over 50%. Currently, LINK is trading at $11.42, up by 12.28%, and it has a…
Today, the prices of cryptocurrencies are down after showing significant increases in recent trading sessions, which is evident from the latest market charts. Crypto prices today are in the red after experiencing some recent gains, which the latest market data clearly shows. Many experts were predicting a positive “Uptober” rally in the crypto market. Historically,…
BlockFi has successfully resolved its bankruptcy situation and surprised everyone by announcing its return to regular operations and allowing withdrawals earlier than expected. The troubled cryptocurrency lending platform, BlockFi, which had to stop withdrawals due to issues with FTX, has just declared its return from bankruptcy. This happened sooner than anticipated and aligns with their…
BlackRock’s Bitcoin ETF listing had vanished from the DTCC’s website for a few hours, but then it suddenly reappeared. The ticker symbol for BlackRock’s Bitcoin ETF, IBTC, briefly vanished from the Depository Trust and Clearing Corporation’s (DTCC) website and then reappeared a few hours later. This caused a lot of excitement in the markets, leading…
The US Court of Appeals has directed the US Securities and Exchange Commission (SEC) to take another look at Grayscale Investment’s request to change its Bitcoin Trust into a Bitcoin ETF, a move that has had a positive impact on crypto market sentiment. In a significant development, the US Court of Appeals upheld its August…
The recent surge in Bitcoin’s price saw it shoot up by over 12%, reaching $35,000. This surge also means that MicroStrategy, a prominent company that holds approximately $44 billion worth of Bitcoin, is now in a profitable position. Market analysts are suggesting that this significant price increase could be the start of the next Bitcoin…
ZachXBT revealed that SAFEREUM experienced a rug pull involving more than 730 ETH. A prominent promoter of this scam was the cryptocurrency influencer known as ‘SlumDOGE Millionaire.’ Currently, SAFEREUM is valued at $0.0000007193, with its price dropping by over 95% in the last day. In the last 24 hours, Safereum (SAFEREUM) investors faced a tough…
Solana’s co-founder Raj Gokal issued a warning about scammers spreading fake news related to Solana. On his official account on X, he stated that untrue information about a SOL exploit was being circulated. Solana has been attracting a lot of attention and investments in the world of alternative cryptocurrencies (altcoins). Fake News About Solana Exploit…
Bitcoin’s price shot up to $35,000 thanks to some significant events taking place. One big factor was Grayscale winning a court case against the SEC, and the SEC deciding not to challenge the outcome. This victory has boosted the effort to create Bitcoin ETFs. JPMorgan and Bloomberg Intelligence have suggested that a Bitcoin ETF could…
Paul Brody, the blockchain leader at EY, reveals that institutional investors are showing substantial interest in Bitcoin. However, their full-scale participation hinges on the approval of a Bitcoin exchange-traded fund (ETF). Paul Brody, the global blockchain leader at Ernst & Young, stated that cryptocurrencies, particularly Bitcoin, are in high demand among both retail and institutional…
A significant whale investor has made an interesting move by trading $1.34 million worth of SUSHI tokens for nearly two trillion PEPE tokens, following substantial investments in SushiSwap coins. A recent post on the X social media platform by the “Smart Money” tracker, @lookonchain, reported that an anonymous whale investor made a significant move by…
Bitcoin and various other cryptocurrencies are showing positive signs as the week begins, which might indicate a positive trend for October. This means that their prices are rising. Bitcoin recently crossed the $30,000 mark two times within the past week, sparking optimism among investors. It is currently trading at $30,536. Santiment, an on-chain analytics firm,…
Bitcoin, the leading cryptocurrency, has been steadily approaching the $31,000 mark after notable gains during the weekend. Crypto analyst Ali Martinez has examined this price movement and offered insights into Bitcoin’s potential future direction. According to Martinez, there is a possibility of bears regaining control in the near future. Potential Bearish Pattern on Bitcoin’s Horizon…
Bitcoin’s price is on the rise, surpassing the $30,000 resistance level. It’s exhibiting positive indications and has the potential for further gains, aiming for the $31,200 mark. This ascent began when Bitcoin initiated a fresh uptrend, breaking through the resistance levels at $28,500 and $28,800. Presently, the price is trading above $30,000 and is supported…
Magic Eden, a community-centric NFT marketplace, recently decided to halt Bitcoin BRC-20 trading temporarily. This move comes in response to a significant drop in trading activity and aims to safeguard users’ interests. Importantly, while Bitcoin BRC-20 trading is on hold, other trading activities on the platform remain unaffected. Magic Eden made this decision to ensure user…
According to Morgan Stanley, the tough times for cryptocurrencies might be over, and brighter days could be coming soon. They say that in the past, Bitcoin has shown its most significant gains shortly after a halving event that happens every four years. Morgan Stanley Predicts Better Times for Cryptos Morgan Stanley’s wealth management division recently…
Welly, a real-world partner of Shiba Inu, has just revealed a new collaboration with two major delivery companies in Italy, Glovo and Deliveroo. They’ve also grown their social media team. Welly, in preparation for the grand reopening of their SHIB-themed fast-food restaurant in Naples, Italy, has teamed up with major delivery apps, Glovo and Deliveroo….
In his yearly letter, Satya Nadella explained Microsoft’s intentions for AI, which involve incorporating AI and its Copilot into the company’s “most popular products.” Microsoft appears fully committed to embracing artificial intelligence, with CEO and chairman Satya Nadella revealing plans to infuse AI into practically all their customer solutions and every aspect of their technology…
On Friday, the price of Bitcoin surged past the $30,000 threshold, sparking optimism in the market. This increase was driven by speculation surrounding the potential approval of a Bitcoin Spot ETF. Bitcoin has recently gained a lot of attention from investors, resulting in a notable price increase. It has now exceeded the $30,000 level, drawing…
The Fed Chair mentioned that the US economy is strong and able to withstand global challenges, which makes it less likely that interest rates will increase in the future. Fed Chair Jerome Powell, during a Thursday address in New York, suggested that there might not be any more interest rate hikes in the current cycle…
The regulator had initially named them as defendants in a case about XRP transactions violating securities laws. However, the agency has now decided to focus solely on the main Ripple case, dropping charges against the CEO and Chairman. The SEC’s allegations of securities violations against Ripple’s top leaders have been resolved in federal courts after…
The court that told the SEC to change its decision on Grayscale’s Bitcoin ETF will make that decision permanent by Monday. A federal court is about to make Grayscale’s victory against the SEC official in the dispute over a Bitcoin ETF application. It’s not clear if the court will give the SEC a specific deadline…
A tech billionaire is thinking about denying the European audience access to the largest crypto blogging platform, X, due to a local regulation concern. Tech innovator and billionaire Elon Musk, who acquired Twitter for $44 billion and transformed it into X, is thinking about restricting European users’ access to the platform, as reported by Business…
Bitcoin SV, which is a fork of Bitcoin, experienced a significant increase in both its price and trading volume, leading to new price records in October 2023. The cryptocurrency market has been getting more attention recently, and one cryptocurrency, Bitcoin SV (BSV), made headlines on Thursday, October 19th, due to a significant price increase. BSV,…
Bitcoin SV (BSV) had a significant 15.2% increase in value recently, but it’s currently trading at just over $39, similar to the previous day. The market is currently grappling with a challenging dynamic resistance level, which has left traders feeling uncertain. Bitcoin SV, a fork of Bitcoin, is presently the most profitable cryptocurrency among the…
A few experts mentioned that the changes indicate that the U.S. Securities and Exchange Commission (SEC) is actively talking to parties involved in the matter. On Wednesday, Bitcoin reached its highest point in two months. This happened after Fidelity, a financial company, made changes to its spot Bitcoin ETF filings. These changes might suggest that…
Robert Kiyosaki, the well-known financial educator and author of ‘Rich Dad Poor Dad,’ recently used a platform (X) to discuss how inflation affects various economic groups. Robert Kiyosaki, a financial educator and the author of the popular book “Rich Dad Poor Dad,” used a platform (formerly Twitter) to talk about how inflation affects different groups…
Elon Musk‘s platform, known as “X,” plans to charge users in New Zealand and the Philippines $1 per year as part of their “Not A Bot” program to reduce spam and bot activity on the platform. New users joining via the platform’s website in these two countries will also need to verify their accounts with…
Sam Bankman-Fried, the former FTX boss, is currently on trial, and the trial has now entered its third week. In the recent week, he faced Nishad Singh, who used to be the head of engineering at FTX and was once a friend of his. Nishad Singh claimed that he became aware of serious financial problems…
Binance.US, a major cryptocurrency exchange, is making changes to how it operates due to increased regulatory attention and operational difficulties. As part of these changes, they are discontinuing the ability to withdraw funds in US dollars (USD). Binance.US, a major cryptocurrency exchange in the United States, has made significant changes to its financial operations. One…
Shiba Inu (SHIB), the second-largest meme cryptocurrency, is gaining attention from big investors. Just a few hours ago, a staggering 4.5 trillion SHIB was transferred between wallets, making it one of this month’s largest transactions in terms of value. This significant SHIB movement coincides with its price rebound as the token starts to show a…
The Shiba Inu team just created a LinkedIn account for Shibarium, their blockchain network. This news coincides with a significant surge in daily transactions on Shibarium, which have increased by more than 200% in the last 24 hours. Shiba Inu, the popular dog-themed cryptocurrency, has expanded its online presence by creating a new LinkedIn account…