The altcoin market may be on the brink of an exciting rally, with analysts pointing to key indicators suggesting robust growth ahead. The overall cryptocurrency market capitalization has risen by 1.49%, accompanied by a 2.02% increase in 24-hour trading volume, reflecting heightened investor interest and a positive outlook for altcoins. Bitcoin’s recent surge to $73,000 highlights renewed enthusiasm in the…
Month: October 2024
Harris win unlikely to rock Bitcoin price, but crypto fears persist, say observers
With the US presidential elections nearing and no clear frontrunner, uncertainty looms over what effect the victor will have on the crypto sector. Source: https://cointelegraph.com/news/kamala-harris-bitcoin-price-crypto-fear?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$42 Billion for Bitcoin? MicroStrategy’s Ambitious Plan Explained
MicroStrategy, under the leadership of CEO Michael Saylor, has unveiled an ambitious “21/21 plan” to raise $42 billion over the next three years to expand its Bitcoin holdings. This strategy aims to secure $21 billion in equity and $21 billion in fixed-income securities, all dedicated to acquiring more Bitcoin as part of the company’s treasury reserves. Leveraging Bitcoin for Enhanced…
Russia to Ban Crypto Mining ‘In Some Regions’ Due to Electricity Shortages
Months after legalising crypto mining, Russia has announced a ban on the practice “in some regions” due to electricity shortages. According to a report in Russian state news agency TASS, Deputy Head of the Ministry of Energy of the Russian Federation Yevgeny Grabchak announced that, “mining in the near future will be prohibited at the state level in some regions.” Grabchak…
Missing Bitcoin and lost execs: Halloween’s creepiest crypto mysteries
It’s Bitcoin White Paper Day, but it’s also Halloween. Here are Cointelegraph’s six crypto mysteries to share around the campfire. Source: https://cointelegraph.com/news/missing-bitcoin-halloween-crypto-mysteries?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canary Capital Files for Solana ETF to Provide Direct SOL Exposure
Canary Capital Group LLC has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to introduce the Canary Solana ETF. This exchange-traded fund (ETF) aims to give investors direct exposure to solana (SOL), minus operational expenses, through shares listed on a U.S. exchange. SEC Filing Reveals Canary Solana ETF Proposal The Canary […] Source: https://news.bitcoin.com/canary-capital-files-for-solana-etf-to-provide-direct-sol-exposure/
Web3 gaming still ‘immature’ but presents opportunities — Execs
Cointelegraph spoke with Pixels CEO Luke Barwikowski and Farcana Founder and CEO Ilman Shazhaev at the Binance Blockchain Week in Dubai. Source: https://cointelegraph.com/news/web3-gaming-challenges-opportunities-binance-event?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Reddit Dumps Bitcoin & Ethereum – A Strategic Move or Missed Opportunity?
In a recent SEC filing, social media giant Reddit revealed it has sold off a substantial portion of its Bitcoin and Ethereum holdings, a decision driven by economic uncertainty and declining ad revenues. Summary of the Latest Developments Reddit’s crypto divestment comes at a time of major shifts in the cryptocurrency market. In the third quarter, the platform opted to…
Is This the End of the Satoshi Mystery? Live Event Claims to Reveal Bitcoin’s Creator
A new press release has ignited speculation around the long-standing mystery of Satoshi Nakamoto’s identity, claiming that the true creator of Bitcoin will be revealed during a live press conference on October 31, 2024—the 16th anniversary of Bitcoin’s whitepaper release. The self-proclaimed Satoshi states that mounting legal pressures have prompted them to step forward and publicly confirm their identity. The…
Ethereum Founder Endorses Dogecoin as Second Top Cryptocurrency
Ethereum founder Vitalik Buterin recently turned heads by publicly endorsing Dogecoin as the second most significant cryptocurrency after Bitcoin. In an exclusive interview with Teslaran, a prominent figure in the crypto community, Buterin praised Dogecoin, calling for its recognition as a top cryptocurrency. This unexpected support highlights Dogecoin’s unique cultural impact and growing presence within the crypto space, despite Ethereum’s…