Bitcoin recently surged past $67,000, nearing a three-month high. As traders seek insights on Bitcoin’s next move, historical data suggests that the trajectory of gold prices might play a pivotal role in determining Bitcoin’s future price action. Gold’s Role in Bitcoin’s Price Action In the past seven days, gold ETFs have seen inflows of over 1 million ounces of gold,…
Month: October 2024
GOAT Meme Coin Blasts Into Top 100 Tokens Following Binance Futures Listing
Goatse Maximus (GOAT), a Solana meme coin originally conceived by an AI bot, peaked at new all-time high price of nearly $0.88 on Thursday as it broke into the top 100 cryptocurrencies by market capitalization for the first time. The latest spike came after Binance announced it would launch futures trading for the token, becoming the first token launched via…
Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’
Kraken is setting its sights on launching its own blockchain next year, much like Coinbase’s Base chain, according to a report from Bloomberg’s Olga Kharif. The new network, which is focused on decentralized finance (defi), is expected to release a testnet later this year. Reportedly named “Ink,” the blockchain is slated to be ready for […] Source: https://news.bitcoin.com/kraken-set-to-dive-into-blockchain-waters-with-its-own-chain-ink/
Bybit’s WSOT Copy Trading Fest Offers 100,000 USDT Prize Pool for Crypto Investors
DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announces the WSOT Copy Trading Fest, inviting crypto traders and investors to compete for their share of an exciting 100,000 USDT prize pool. Running until October 31, 2024, the event offers participants the opportunity to showcase their expertise or leverage the strategies of top…
Solo Bitcoin Miner Hits the Jackpot With $222,000 Reward
Solo Bitcoin miners are having a great year, it appears—despite the difficulty of minting the digital currency ever increasing. An individual miner on Thursday managed to process a block on the biggest cryptocurrency’s network, and took home 3.329 Bitcoin in total, worth $222,438 as a reward. Blockchain data shows that the block contained 3,285 transactions and was processed at 4:18am…
US govt cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing
Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing. Source: https://cointelegraph.com/news/ftx-nishad-singh-sentencing-memo-prosecutors-cooperation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mech shooter game MetalCore moves to Solana
MetalCore will use Solana Labs’ GameShift platform, which incorporates a storefront and payment systems for in-game purchases. Source: https://cointelegraph.com/news/mech-shooter-game-metal-core-moves-solana?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mech Shooter ‘MetalCore’ Ditches Ethereum and Immutable for Solana
Mech shooter game MetalCore will migrate from Ethereum layer-2 gaming network Immutable zkEVM to Solana, developer Studio 369 announced Thursday. The move is set to take place alongside the start of the game’s second season set for sometime in November. Studio 369 cited Solana’s “exceptional” ability to process a large number of transactions and growing ecosystem as to why it’s…
Could Trump’s 2024 Victory Send Bitcoin Soaring to $92K? This Bitwise Exec Thinks So
Bitwise’s head of alpha strategies, Jeff Park, projects that a Trump win in the 2024 U.S. election could push BTC prices toward the $92,000 mark. Park isn’t alone in this prediction; a number of analysts and financial institutions are entertaining similar thoughts. Bitwise Head of Alpha Strategies Jeff Park’s Bold Bitcoin Projection If Donald Trump […] Source: https://news.bitcoin.com/could-trumps-2024-victory-send-bitcoin-soaring-to-92k-this-bitwise-exec-thinks-so/
A bizarre cult is growing around AI-created memecoin ‘religions’: AI Eye
The Department of Divine Shitposting helps seed a new mind virus around AI-created religions, and academics claim AI is in a bubble. Source: https://cointelegraph.com/magazine/a-bizarre-cult-is-growing-around-ai-created-memecoin-religions-ai-eye/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound