LINK, the native token of the Chainlink decentralized oracle network platform, is leading the market this morning in a bullish start to the week for cryptocurrencies. The token spiked to $10.93 earlier today—a level not seen in May 2022 just before the collapse of the Terra ecosystem dragged the markets into a prolonged crypto winter—before backtracking to $10.01 by press…
Month: October 2023
SEC has 3% -14% chance of success in Ripple appeal, lawyers predict
The United States Securities and Exchange Commission (SEC) has a very slim chance of winning the appeal against Ripple in the ongoing lawsuit, according to lawyer Bill Morgan, who has been closely following the lawsuit. Morgan in a post on X (formerly Twitter) argued that there is no obvious appellable error other than in “Ripple’s favour regarding ODL sales which…
BTC price nears 2023 highs — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the last week of October in classic style as 3% BTC price gains take cryptocurrency markets higher. In what could yet turn out to be a classic “Uptober” for Bitcoin and altcoins, BTC/USD is back near 2023 highs as a resistance battle brews. Can bulls win? That is the key question for traders and market observers going…
Crypto traders urge caution as Bitcoin price hits 3-month high near $31K
Bitcoin (BTC) hit new three-month highs on Oct. 23 as the week’s first Asia trading session produced snap gains. BTC/USD 1-hour chart. Source: TradingView Bitcoin bulls face crunch BTC price resistance Data from Cointelegraph Markets Pro and TradingView showed BTC price adding momentum to reach $30,944 on Bitstamp. The largest cryptocurrency saw its first weekly close above $30,000 since the…
Worldcoin to cease paying Orb operators in USDC as early as November
Worldcoin is set to begin paying its Orb Operators — those rewarded for scanning people’s eyes — with its native Worldcoin (WLD) token, phasing out USD Coin (USDC) as early as next month. According to an Oct. 22 announcement, Worldcoin says Orb Operators — who are “independent ecosystem participants” tasked with scanning people’s irises in exchange for WLD tokens — will…
Hal Finney couldn’t possibly be Satoshi Nakamoto, new analysis suggests
Bitcoin pioneer Hal Finney was competing in a 10-mile race at the exact time Satoshi Nakamoto was responding to emails and transacting on Bitcoin, newly surfaced evidence has revealed. For years, it has been commonly speculated that the late Hal Finney, a computer scientist, was the creator of Bitcoin. He was the first person besides Satoshi to download and run…
FTX creditor claims heat up as bankruptcy proceedings drive forward
The market for FTX creditor claims has been heating up, with some claims now reportedly selling for more than 50 cents on the dollar, according to Thomas Braziel, partner at 117 Partners — a firm specializing in crypto bankruptcy claims. Braziel told Cointelegraph that a claim worth more than $20 million recently sold for between 52 cents and 53 cents…
Pro-Bitcoin Javier Milei trails as Argentina’s presidential election goes to run-off
Pro-Bitcoin (BTC) presidential candidate Javier Milei failed to secure victory in the first round of the Argentine presidential election and is now set to face off against his rivals in a Nov. 19 run-off vote. On Oct. 23, election results provided by Bloomberg show with over 90% of the vote counted — economy minister Sergio Massa was in the lead…
Thai crypto investors turn to tarot cards, divine signals to predict market
Crypto and stock investors have always found interesting and sometimes bizarre ways to “predict” the market’s ebbs and flows. Some have suggested that our unconscious minds can predict the stock market through “precognitive dreaming,” while others have recently been turning to the advice of artificial intelligence chatbots. However, in Thailand, there appears to be a growing group of investors turning to divine…
Bitcoin price cracks $30K, possibly clearing a path for SOL, LINK, AAVE and STX
Bitcoin (BTC) had a good week with prices rising about 10% to reach the psychologically important level of $30,000. After the rally, the question troubling investors is whether the uptrend will continue or is time for a reversal to happen. Trading team Stockmoney Lizards recently said that Bitcoin may soon break above its overhead resistance and start a sharp rally.…