Sassaman’s odds tanked after the HBO documentary’s producer said he confronted who he thinks is Satoshi Nakamoto, likely ruling out Sassaman, who passed in 2011. Source: https://cointelegraph.com/news/nick-szabo-ploymarket-favorite-for-hbo-satoshi-nakamoto-reveal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign policy on national debt. Schiff warned of potential […] Source: https://news.bitcoin.com/peter-schiff-predicts-gold-could-soar-to-100000-as-us-dollar-weakens/
JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted. JPMorgan Sees Bright Prospects for Bitcoin in […] Source: https://news.bitcoin.com/jpmorgan-analysts-predict-bitcoin-gains-in-q4-as-uptober-trend-takes-hold/
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find reliable advice. The agency is focusing on scams involving cryptocurrencies, financial grooming, […] Source: https://news.bitcoin.com/sec-flags-risks-in-crypto-and-emerging-tech-investment-scams/
Revolut prevents $13.5M of ‘potential fraud transactions’ in crypto
Revolut has been under fire as fraud complaints piled up in 2024, but the company has insisted it saved hundreds of millions in “potential fraudulent transfers.” Source: https://cointelegraph.com/news/revolut-prevents-14-million-fraud-crypto-3-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
El Salvador’s Bonds Spike Despite Bitcoin Criticism
Institutions and politicians have frequently slammed maverick Bitcoin booster Nayib Bukele, president of El Salvador, for his handling of his country’s finances. But things may be paying off for the eccentric leader of the tiny Central American nation: the country’s bonds are booming. Bloomberg data shows that the bonds rallied after the country asked holders of nine, dollar-denominated transactions to…
4 bold predictions for Bitcoin in the 2024 presidential election
America is balancing a weakening dollar against an asset with the potential to address many of the financial issues that face a squeezed middle class. Source: https://cointelegraph.com/news/4-bold-predictions-bitcoin-2024-presidential-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI Deep Fakes and ‘Weaponized Weather’ Misinformation Target Hurricane Victims
In the wake of Hurricane Helene, a wave of both AI-generated and human-driven misinformation continues to flood social media, distorting the reality of the recovery efforts and creating new, unfounded fears about Hurricane Milton. According to the nonpartisan fact-checking site Politifact, social media has become ground zero for the spread of disinformation, amplifying false narratives since Hurricane Helene made landfall…
Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar
Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto will step in as old money fails. Jim Rickards: Treasury Should Buy Gold to Avoid […] Source: https://news.bitcoin.com/jim-rickards-gold-might-avoid-crypto-substituting-the-us-dollar/
BItcoin price faltered at $64K again — Here is why
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty. Source: https://cointelegraph.com/news/bitcoin-price-faltered-at-64k-again-here-is-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound