Author: Tony Pearce
Anthony Scaramucci Believes Capital Will Return to Cryptosphere Thanks to Fed
Reading Time: < 1 minuteAccording to SkyBridge Capital founder Anthony Scaramucci, Bitcoin will see growth once the US Federal Reserve moves away from its strict monetary policy.
CoinShares Gets Right to Acquire Valkyrie’s ETF Unit
Reading Time: < 1 minuteCoinShares has obtained an exclusive option to purchase certain assets from Valkyrie Investments, an alternative asset management firm.
Disney and Dapper Labs to Launch an NFT Platform
Reading Time: < 1 minuteDisney and Dapper Labs are collaborating to launch Pinnacle, a mobile-focused NFT platform built on the Flow blockchain.
New Investors Will Enter Bitcoin After Spot ETFs Launch: Report
Reading Time: < 1 minuteAccording to analysis from Coinbase, the introduction of Bitcoin ETFs will create opportunities for new groups of investors to enter the digital currency market.
Chinese Hackers Create Fake Skype to Steal Digital Assets
Reading Time: < 1 minuteA fake Skype application was recently discovered by SlowMist specialists, which was used by Chinese hackers to swindle hundreds of thousands of dollars in different cryptocurrencies.
Influx of Funds into Crypto Funds Exceeds $1B in 7 Weeks: CoinShares
Reading Time: < 1 minuteAccording to the latest CoinShares report, cryptocurrency investment products saw inflows of $293 million from November 4-10.
Robert Kiyosaki Says Bitcoin and Gold Will Grow
Reading Time: < 1 minuteIn a recent Tweet, Kiyosaki shared that he has personally increased his investments in gold, silver, and Bitcoin.
Ethereum and Bitcoin Networks Fees Hit Highest in a Month
Reading Time: < 1 minuteIn the last 24 hours, there have been numerous reports of high transaction fees on the Bitcoin and Ethereum networks, with some fees exceeding $200.
Kenya Blockchain Association is Working on a Bill to Regulate Crypto
Reading Time: < 1 minuteThe head of the bank, Patrick Njoroge, has stated that discussions have already begun with other central banks that are also in the process of developing digital tokens.
Circle is Exploring an IPO in 2024
Reading Time: < 1 minuteCircle, the issuer of USD Coin, may go public in early 2024.
Upbit and OKX Gain Ground in Spot Market in October
Reading Time: < 1 minuteUpbit, a South Korean platform, saw their market share increase from 5% to 15.5% in the past year.
SEC is Facing Problems to Hire Crypto Experts
Reading Time: < 1 minuteThe SEC is facing difficulties in hiring experts in cryptocurrency due to the reluctance of qualified applicants to part with their digital assets.
Inflows into Crypto Funds Continues for Sixth Consecutive Week: CoinShares
Reading Time: < 1 minuteThe influx of funds into cryptocurrency investment products between October 28 and November 3 totaled $261 million.
NFT Trading Volume Dropped 20% Last Month: Report
Reading Time: < 1 minuteAccording to Cryptoslam, the trading volume for NFTs decreased by 21.6% last month compared to September. The total value of transactions during this time was $313 million.
Galaxy Digital Forecasts BTC Will Keep Growing After Surpassing $36K
Reading Time: < 1 minuteGalaxy Digital predicts that for Bitcoin to enter a new bullish cycle, it must surpass the resistance level of $36,000.
Startup Qredo Lays Off 50% of its Staff
Reading Time: < 1 minuteQredo, a Coinbase-backed crypto custody infrastructure provider, has cut 50% of its jobs.
DeFi Projects on Ethereum Network Accumulate $22B in Crypto
Reading Time: < 1 minuteThe majority of decentralized finance protocols, around 75%, are being used on the Ethereum network.
A Solo Miner Mines a BTC Block
Reading Time: < 1 minuteA solo miner with a hashrate of 11 PH/s mined block #814,308 on the Bitcoin blockchain on October 29.
USDT Represents 80% of Digital Currency Transactions in Brazil
Reading Time: < 1 minuteAccording to the Brazilian Tax Service, USDT is responsible for up to 80% of digital currency transactions in the country.
Cryptos Are An Innovative Tool: Report
Reading Time: < 1 minuteCoinbase has discovered that a significant number of millennials in the US consider digital currencies to be an integral part of the modernization of the global financial system.
Gary Gensler Says Scams Are Abundant in Crypto Industry
Reading Time: < 1 minuteAccording to Gary Gensler, the chairman of the Securities and Exchange Commission, the digital asset industry is plagued by fraudulent activities, scams, bankruptcies, and money laundering.
JPMorgan Says SEC Will Face Lawsuits if Bitcoin ETFs are Rejected
Reading Time: < 1 minuteAccording to experts at JPMorgan, the US Securities and Exchange Commission (SEC) could potentially face multiple lawsuits if it rejects applications for spot exchange-traded funds based on the first cryptocurrency.
US is Losing Control Over Stablecoins: Circle CEO
Reading Time: < 1 minuteAccording to Circle’s CEO Jeremy Allaire, the US government is not taking decisive action towards legalizing stablecoins, causing companies to move to other countries.
NFT Trading Volume Drops to Lowest Level in 2 Years
Reading Time: < 1 minuteThe NFT market experienced a significant decrease in trading volume in September, reaching its lowest level since January 2021.
4,800 BTC from Closed Darknet Market Abraxas Enter into Motion
Reading Time: < 1 minuteIt was recently discovered that an unknown group of individuals has moved approximately 4,800 BTC, which is equivalent to around $144 million, from the darknet marketplace Abraxas.
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