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Bitcoin Poised to Surpass $73,000 Amid US Elections, Analyst Predicts

On November 5, the leading cryptocurrency could approach its ATH above $73,000. This view was expressed by Jeff Kendrick, head of digital asset research at Standard Chartered, based on an analysis of derivatives and trading volume metrics.

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Kraken Reveals Details of Its Own Layer 2 Solution

Kraken Reveals Details of Its Own Layer 2 Solution

The American cryptocurrency exchange Kraken plans to launch its own blockchain, Ink, in the first quarter of 2025. This was revealed by its founder, Andrew Koller, in an interview with Bloomberg. Access will be open to both retail and institutional users. The launch of the test network is expected by the end of the year. […]

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Binance CEO Comments on Tigran Gambaryan's Release

Binance CEO Comments on Tigran Gambaryan’s Release

Vice President for Global Intelligence and Investigations at cryptocurrency exchange Binance, Tigran Gambaryan, has left Nigeria after eight months of detention. This was confirmed by his family to CoinDesk. The CEO of the trading platform, Richard Teng, commented on his colleague’s release. We are deeply relieved and grateful that Tigran Gambaryan has finally been released […]

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Glassnode Observes Growing Optimism Among Bitcoin Investors

Glassnode Observes Growing Optimism Among Bitcoin Investors

Bitcoin prices have broken through several critical on-chain and technical resistances, approaching the upper boundary of a seven-month volatile sideways trend, according to a report by Glassnode. Specifically, the price surpassed the combined resistance of the 200 DMA and 111 DMA. The 365 DMA served as strong support during the correction in early August. Analysts […]

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Bitcoin's Potential as a Global Currency by 2030, Expert Predicts

Bitcoin’s Potential as a Global Currency by 2030, Expert Predicts

By 2030, the first cryptocurrency is likely to be used as global money, aligning with the vision of its creator, Satoshi Nakamoto. This forecast was presented by Ki Young Ju, founder and CEO of CryptoQuant. #Bitcoin will likely be used as a “currency” around 2030. Bitcoin’s mining difficulty, which reflects the intensity of competition, has […]

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Bitcoin Restaking TVL Nears $1.6 Billion

Bitcoin Restaking TVL Nears $1.6 Billion

TVL in the Bitcoin restaking category has surpassed $1 billion, currently standing at nearly $1.6 billion. Bitcoin restaking category TVL. Data: DeFi Llama. The total TVL across the entire DeFi ecosystem of the first cryptocurrency amounts to $2.174 billion, placing the network seventh in the rankings by this measure. Blockchain TVL rankings. Data: DeFi Llama. […]

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BloFin Exchange Adopts Fireblocks' Cold Wallet System

BloFin Exchange Adopts Fireblocks’ Cold Wallet System

The cryptocurrency exchange BloFin has partnered with the crypto custody service provider Fireblocks. The latter will secure the platform’s client assets using its cold wallet system, according to a press release.

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TeraWulf to Raise $350 Million for Share Buyback

TeraWulf to Raise $350 Million for Share Buyback

Mining company TeraWulf will issue convertible senior notes worth $350 million, maturing in February 2030. The firm will offer buyers an option to purchase an additional $75 million in corporate bonds. Interest on the notes will be paid annually. TeraWulf plans to use the funds for a board-approved $200 million share buyback program and for […]

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The Buterin effect: how meme tokens are refreshing the DAO idea

The Buterin effect: how meme tokens are refreshing the DAO idea

After a burst of innovation, crypto appears to be in an ideas slump. The impasse has spawned narratives out of thin air that will, sooner or later, peter out. What comes after memecoins? Oleg Cash Coin takes a closer look. Hype cycles To make sense of the moment, consider Gartner, an American research and consulting […]

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Bukele Donates 2 BTC for School Construction in Honduras

Bukele Donates 2 BTC for School Construction in Honduras

El Salvador’s President Nayib Bukele has donated 2 BTC ($134,000) to fund a project aimed at building 1,000 schools in Honduras. ??❤️?? pic.twitter.com/AFWUXEdEv6 — Nayib Bukele (@nayibbukele) October 23, 2024 The bitcoins were sent to philanthropist Shin Fujiyama, the founder of Students Helping Honduras, an organization combating poverty through educational development. Fujiyama is currently participating […]

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Michael Saylor Advocates for Bitcoin Self-Custody Amid Criticism

Michael Saylor Advocates for Bitcoin Self-Custody Amid Criticism

Michael Saylor, the founder of MicroStrategy, has expressed support for non-custodial storage of cryptocurrencies. This is presumably in response to criticism from the community following a recent interview. I support self-custody for those willing & able, the right to self-custody for all, and freedom to choose the form of custody & custodian for individuals & […]

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Insider's Single Transaction Plummets SHARPEI Token by 96%

Insider’s Single Transaction Plummets SHARPEI Token by 96%

On October 23, an unidentified insider sold half of the total supply of the meme coin SHARPEI (SHAR), causing the token’s price to plummet by 96%. Analysts at Lookonchain highlighted this event. An insider sold 500M $SHAR(50% of the total supply) for 19,620 $SOL($3.38M) in a single transaction, causing the price of $SHAR to crash […]

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