A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto. Source: https://cointelegraph.com/news/bitcoin-price-prediction-republican-election-impact?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Bluesky Raises $15 Million From Crypto Firms—But Says No to Tokens
Bluesky, the social media platform that has seen surging growth following Elon Musk’s takeover of Twitter, raised $15 million in a funding round led by a crypto-focused venture capital firm, the company announced Thursday. But that doesn’t mean the social media network plans to embrace digital assets. The Series A funding round was led by Blockchain Capital, a venture firm…
US lawmaker claims crypto PACs forced out ’important voices in Congress’
Representative Summer Lee took aim at crypto-backed Super PACs funding media buys that could have contributed to two Democratic lawmakers losing their primaries. Source: https://cointelegraph.com/news/representative-summer-lee-crypto-pacs-money-influencing-elections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fireblocks launches $1M grant program to boost PYUSD developer adoption
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects. Source: https://cointelegraph.com/news/fireblocks-launches-grant-program-pyusd-developer-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs See Huge Turnaround—Find Out Which Fund Led the Charge
The 12 U.S. spot bitcoin exchange-traded funds (ETFs) enjoyed a $192.31 million boost on Wednesday, bouncing back from a rough Tuesday. Even the nine ether funds joined in the fun, seeing some modest gains during the day’s trading. U.S. Crypto ETFs Bounce Back On Oct. 23, 2024, U.S. spot bitcoin ETFs saw inflows of $192.31 […] Source: https://news.bitcoin.com/bitcoin-etfs-see-huge-turnaround-find-out-which-fund-led-the-charge/
Satoshi-Era Bitcoin Whale Selling After 10 Years—But Still Holds $72 Million
How’s this for a “HODL”: An ancient Bitcoin whale who received their coins back in 2009 is finally selling—after having not touched the stash for 10 years. Blockchain data firm Arkham Intelligence has been tracking the “diamond hands” investor, who last moved their coins back in 2014 ahead of the latest batch of transactions. Since then, the Bitcoin sat gathering…
Pennsylvania House of Representatives passes pro-crypto bill
Co-founder of the Satoshi Action Fund Dennis Porter dubbed the legislation the “Bitcoin rights” bill. Source: https://cointelegraph.com/news/pennsylvania-house-passes-crypto-regulation-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vantard’s Initial Presale Sells $500K Instantly: Next Round Opens Today
Crypto’s first Meme Index Fund (MIF), Vantard, made an explosive debut on 22nd October, selling out the first round of its presale, worth $500K, in a matter of minutes. With the treasury fully loaded, Vantard has conducted spot purchases of memecoins, building its portfolio of the world’s best-performing memes, including blue chips like POPCAT and […] Source: https://news.bitcoin.com/vantards-initial-presale-sells-500k-instantly-next-round-opens-today/
Solana again clocks record-breaking fee revenue
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research. Source: https://cointelegraph.com/news/total-economic-activity-solana-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Government Crypto Wallet Drained of $20 Million in Suspicious Transfers
Over $20 million worth of stablecoins and Ethereum was transferred from a wallet containing funds seized by the U.S. government Thursday, shifting assets tied to the 2016 hack of the crypto exchange Bitfinex to a five-day-old address. Some of those funds have now been moved to Binance, an off-shore exchange and the largest crypto trading platform in the world by…