BlackRock’s spot Bitcoin ETF recorded $875 million of inflows on Oct. 30, surpassing its previous record by around 3%. Source: https://cointelegraph.com/news/blackrock-spot-bitcoin-etf-hits-record-inflows-amid-btc-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Does US Dollar Need to Collapse for Bitcoin to Hit $200K? Bitwise Says No
Bitwise’s chief investment officer predicts bitcoin could reach $200,000 without a U.S. dollar collapse, outlining a path for the cryptocurrency to surge toward unprecedented highs. Bitcoin’s Path to $200K: No Dollar Collapse Required The chief investment officer of asset management firm Bitwise, Matt Hougan, addressed bitcoin’s potential to reach a $200,000 valuation without a collapse […] Source: https://news.bitcoin.com/does-us-dollar-need-to-collapse-for-bitcoin-to-hit-200k-bitwise-says-no/
Crypto apps see malicious popups after Ace Drainer hacks animation library
The popular Lottie Player animations library was hacked to push a crypto-draining popup on multiple websites, which has now been fixed. Source: https://cointelegraph.com/news/crypto-app-sites-malicious-popups-after-ace-drainer-hacks-animation-library?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood doubles crypto trading volume, but shares dip 12% on Q3 earnings
Robinhood also reported a 76% year-on-year increase in assets under custody, attributed to rising crypto valuations. Source: https://cointelegraph.com/news/robinhood-crypto-volumes-double-as-hood-stock-tanks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Elon Musk Teases 69.420% on Trump’s Lead Over Harris as Biden Faces ‘Garbage’ Backlash
Elon Musk teased “69.420% coming soon” in a post about Trump’s lead over Harris, while Biden sparked backlash for allegedly calling Trump supporters “garbage.” Elon Musk Hints at 69.420% After Trump-Harris Polls as Biden’s ‘Garbage’ Comment Sparks Uproar Tesla and Spacex CEO Elon Musk stirred attention on social media platform X on Wednesday by posting, […] Source: https://news.bitcoin.com/elon-musk-teases-69-420-on-trumps-lead-over-harris-as-biden-faces-garbage-backlash/
China’s QE Could Ignite Bitcoin Boom Like Never Before — Analysis by Arthur Hayes
Bitmex founder Arthur Hayes predicts China’s aggressive monetary easing could spark a historic bitcoin rally, as yuan expansion indirectly fuels crypto demand. Bitcoin Boom Incoming? Arthur Hayes Weighs in on China’s QE Policies Arthur Hayes, Bitmex’s founder and former CEO, published a blog post on Monday projecting that China’s quantitative easing measures could trigger a […] Source: https://news.bitcoin.com/chinas-qe-could-ignite-bitcoin-boom-like-never-before-analysis-by-arthur-hayes/
Megan Thee Stallion Files Suit Against Influencer Over Deepfake Harassment
Rapper Megan Thee Stallion sued Milagro Gramz on Tuesday, alleging the Texas-based internet personality defamed her following a separate court case with Canadian rapper Tory Lanez. Born Megan Pete, the rapper alleges Gramz (Milagro Cooper) stalked her online, causing emotional distress and spreading AI-generated deepfake pornography featuring her likeness. In court documents filed in the Southern District Court of Florida,…
Another Satoshi Nakamoto ‘Unmasking’ Announced—But Bitcoin Community Isn’t Buying It
In a move billed as “historic,” a purported revelation of Satoshi Nakamoto’s identity is scheduled for a live press conference on Oct. 31, sparking debate and skepticism within the bitcoin community. Will the Real Satoshi Nakamoto Please Stand Up? Community Questions Latest Identity Claim Slated for White Paper Anniversary A recently announced press statement, distributed […] Source: https://news.bitcoin.com/another-satoshi-nakamoto-unmasking-announced-but-bitcoin-community-isnt-buying-it/
MicroStrategy to raise $42B to buy Bitcoin in ‘21/21 plan’
Crypto commentators are “bullish” on MicroStrategy’s plan, predicting it will propel the company ahead of not just other public firms but countries too. Source: https://cointelegraph.com/news/microstrategy-42b-capital-bitcoin-purchase-michael-saylor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US State Official Urges Bitcoin Investment for Retirement Funds to Future-Proof Pensions
A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility. US State Official Pushes Bitcoin as Hedge for Public Retirement Stability Chief Financial Officer and State Fire Marshal Jimmy Patronis, a statewide elected official and member of Florida’s […] Source: https://news.bitcoin.com/us-state-official-urges-bitcoin-investment-for-retirement-funds-to-future-proof-pensions/