Donald Trump’s winning odds lead on Polymarket have significantly narrowed, and Bitcoin’s little price dump caused big liquidations. Source: https://cointelegraph.com/news/crypto-liquidations-350m-bitcoin-below-69k-tight-us-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
‘Grand finale of altcoin reckoning’ soon, warns crypto trader
A big final flush out for altcoins could be imminent if historical market cycle patterns repeat. Source: https://cointelegraph.com/news/grand-finale-altcoin-reckoning-says-crypto-trader?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxing stablecoin remittances, and a Bolivian bank offers USDT services for the first time. Public Records Inquiry […] Source: https://news.bitcoin.com/latam-insights-salvadoran-bitcoin-visa-program-fails-brazil-floats-tax-on-stablecoin-remittances/
Wiz Khalifa’s X account apparently hacked to promote sham memecoin
The X account of rapper Wiz Khalifa was reportedly hacked, with posts shilling a memecoin called “WIZ,” which is now trading at a value of less than $10,000. Source: https://cointelegraph.com/news/wiz-khalifa-x-account-hacked-promote-sham-memecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Alibaba reportedly cuts dozens from metaverse unit
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. Source: https://cointelegraph.com/news/alibaba-reportedly-cuts-dozens-metaverse-unit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin artist says ‘fascination’ brought thousands to BTC art exhibition
Around 70% of the 300 Bitcoin art pieces were sold during the Bitcoin “Art of Revolution” exhibition’s five-week stint at the Artevistas Gallery in Barcelona’s Gothic Quarter. Source: https://cointelegraph.com/news/bitcoin-art-showcased-barcelona-s-most-renowned-art-galleries?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfinex hack launderer ‘Razzlekhan’ wants time served as sentencing looms
Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein. Source: https://cointelegraph.com/news/bitfinex-hack-razzlekhan-heather-morgan-bids-time-served?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum is like ‘Amazon in the 1990s’ — 21Shares
“Just as Amazon evolved beyond books to redefine entire industries, Ethereum may also surprise us with revolutionary use cases that we can’t fully envision today,” one 21Shares executive said. Source: https://cointelegraph.com/news/ethereum-is-still-like-amazon-in-the-1990s-21-shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Transak Secures FINTRAC Registration in Canada and US Money Transmitter License in Delaware
Transak has recently obtained regulatory licenses in Canada and Delaware, solidifying its presence in North America’s cryptocurrency markets. Transak Expands Regulatory Reach in the U.S. and Canada Transak, a Miami-based Web3 payments platform, has achieved two regulatory milestones in both Canada and the United States. In Canada, Transak has registered with the Financial Transactions and […] Source: https://news.bitcoin.com/transak-secures-fintrac-registration-in-canada-and-us-money-transmitter-license-in-delaware/
Bitcoin to move 10% ‘either direction’ depending on US election: Trader
Crypto investors should prepare for even more volatility around the US election, with traders and analysts predicting “at least” a 10% move for Bitcoin. Source: https://cointelegraph.com/news/bitcoin-move-10-depending-us-election-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound