The PolitiFi space has caught investors’ attention in the past few weeks. All of this momentum comes before next Tuesday’s presidential election, which will greatly impact the crypto market. In this bullish environment, FreeDum Fighters (DUM) has been on analysts’ radars – securing over $380,000 in presale funding. PolitiFi Tokens Explode to $240M Daily Volume […] Source: https://news.bitcoin.com/politifi-trading-surges-past-240m-as-analysts-back-freedum-fighters-for-post-listing-rally/
Category: News
Nansen highlights AI-fueled NodeFi, GPUfi for DePIN investment
Nansen takes a detailed look at an emerging opportunity for Web3-powered investors in a new report. Source: https://cointelegraph.com/news/nansen-metastreet-nodefi-gpufi-depin-investment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’
The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep economic sanctions. BIS Abandons Mbridge Project for Potential BRICS Sanctions-Evading Applications The Bank for International Settlements (BIS) has finally decided to abandon its participation in […] Source: https://news.bitcoin.com/bis-drops-mbridge-project-participation-it-was-not-created-to-serve-the-brics/
Ethereum Gaming Token IMX Plunges After Immutable Reveals SEC Threat
The price of Immutable’s IMX token on Ethereum fell rapidly late Thursday after the crypto gaming firm disclosed that it received a letter from the U.S. Securities and Exchange Commission (SEC) threatening potential enforcement action ahead. IMX is down 14% on the day at a current price of $1.15, per data from CoinGecko, including a sudden dip from a price…
How the US Fed thinks a Bitcoin ban could preserve deficit spending
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community. Source: https://cointelegraph.com/news/us-fed-bitcoin-ban-deficit-spending?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Technical Analysis: BTC Bulls Make Another Attempt at Price Peak
Following a recent boost in bitcoin prices driven by the U.S. jobs report, BTC/USD traded at $71,447 on Nov. 1, 2024, showing encouraging resilience around support zones despite recent price fluctuations. Bitcoin In late October, bitcoin climbed to $73,600 before experiencing a pullback that brought prices below $70,000. Today, the price has seemingly stabilized above […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-bulls-make-another-attempt-at-price-peak/
Bitcoin can still hit $100K, no matter who wins US election
The prospect of favorable regulations and Bitcoin’s hedge status mean that Bitcoin can weather any election result and even reach $100,000. Source: https://cointelegraph.com/news/bitcoin-100k-us-election-trump-harris?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders eye key levels as US jobs shock sends BTC price past $71K
Bitcoin basks in nonfarm payrolls data misses with BTC price action canceling its trip below $69,000. Source: https://cointelegraph.com/news/bitcoin-traders-levels-us-jobs-shock-btc-price-past-71k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETF Momentum Goes Slack After 6-Day Streak
U.S. spot Bitcoin ETFs have been on a massive streak, having seen almost $3 billion worth of inflows over the past six trading days. But the tailwind the funds were enjoying seems to have gone slack, as so-called “Uptober” closed with $31.3 million worth of inflows on Thursday, according to CoinGlass. Yesterday’s Bitcoin ETF trading saw BlackRock’s iShares Bitcoin Trust…
Financial institutions want Bitcoin and ETFs: Blockstream’s Adam Back
Back was an early Bitcoin developer and the first person to receive an email from pseudonymous Bitcoin creator Satoshi Nakamoto. Source: https://cointelegraph.com/news/financial-institutions-bitcoin-etfs-blockstream-ceo-adam-back?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound