The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market. Source: https://cointelegraph.com/news/cftc-reportedly-mulling-accepting-digital-assets-trading-collateral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Analysis Reveals Possible 51% Attacks by Satoshi on Bitcoin in Early 2009
A social media post by an X account named “Wicked” presents claims that Satoshi Nakamoto may have conducted 51% attacks on the Bitcoin blockchain in May 2009. Wicked speculated that Satoshi likely tested these attacks early on to understand their potential impact on the network. Claims Surface Suggesting Satoshi Nakamoto Tested 51% Attacks on Bitcoin […] Source: https://news.bitcoin.com/analysis-reveals-possible-51-attacks-by-satoshi-on-bitcoin-in-early-2009/
IMF pressures El Salvador to overhaul Bitcoin regulations
According to the International Monetary Fund, El Salvador has a 3% annual GDP growth rate and roughly $144 million in outstanding loans. Source: https://cointelegraph.com/news/imf-pressures-el-salvador-overhaul-bitcoin-regulations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin investors in ‘better position’ as onchain metrics signal market shift — Glassnode
Despite this week’s sell-off, onchain and technical data highlight an encouraging shift in the Bitcoin market. Source: https://cointelegraph.com/news/bitcoin-investors-in-better-position-as-onchain-metrics-signal-market-shift-glassnode?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kraken launches derivatives trading in Bermuda with BMA license
The crypto exchange is expanding its offerings in Bermuda as the US SEC goes after it on its home turf. Source: https://cointelegraph.com/news/kraken-derivatives-trading-platform-bermuda-bma-license?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders to Stablecoins At 1 p.m. EDT on […] Source: https://news.bitcoin.com/mass-liquidations-impact-over-100000-traders-amid-crypto-market-downturn/
Mark Cuban Still Loves Dogecoin But ‘Every Meme Coin Is a Rug Pull in the Works’
Shark Tank star Mark Cuban is a famous supporter of Dogecoin, the original crypto meme coin. However, in a recent interview, the billionaire entrepreneur and investor said that he believes that “every meme coin is a rug pull in the works”—but that is also what makes them fun. Meme coins are extremely volatile crypto tokens largely motivated by sensational hype…
Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo
The tech is still experimental, but its implications could change how users view reality. Source: https://cointelegraph.com/news/meta-shows-web3-reality-bridge-hyperscape-metaverse-demo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How to Buy Crypto on Changelly via Kado: A Step-by-Step Guide
Below, you can find a step-by-step guide on how to buy cryptocurrency on Changelly via Kado. Step 1. Initiate the Transaction Go to the Buy tab on the Changelly website or in the app, and then enter the amount of fiat currency you would like to pay. Then, select the cryptocurrency you are going to purchase and your preferred payment…
Binance derivatives market share shrinks to 2020 levels as CEX trading slumps
While Binance and other centralized exchanges saw activity decline in September, Crypto.com witnessed its trading volume reach an all-time high. Source: https://cointelegraph.com/news/binance-derivatives-market-share-shrinks-2020-levels-cex-trading-slumps?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound