Bitcoin (BTC) surfed $34,000 at the Oct. 27 Wall Street open as attention turned to BTC price performance against macro assets. BTC/USD 1-hour chart. Source: TradingView Bitcoin range faces weekly, monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding steady, preserving its early-week gains. The largest cryptocurrency avoided significant volatility as the
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Defense attorneys representing Sam “SBF” Bankman-Fried questioned the former FTX CEO before a jury for the first time as they prepared to rest their case. According to reports from the New York courtroom on Oct. 27, Bankman-Fried denied defrauding FTX customers and taking their funds while leading the crypto exchange. The former CEO reportedly said
Bitcoin’s (BTC) rise to as high as $35,000 this week has also lifted a number of memecoins, including Floki (FLOKI), which has beaten its top rivals in percentage gains. FLOKI price up 140% amid Bitcoin ETF hype, TokenFi launch As of Oct. 27, FLOKI had surged over 140% to $0.00004261, its highest level in five
Cryptocurrency hardware wallet provider Trezor is investigating a recent phishing campaign, as users have reported receiving phishing emails. The anonymous blockchain sleuth ZachXBT took to his Telegram channel on Oct. 26 to alert users to a phishing attack targeting Trezor customers. ZachXBT referred to an X (formerly Twitter) post from the account JHDN, which alleged that Trezor
Amidst the elongated legal battle between the United States Securities and Exchange Commission (SEC) and Ripple, pro-XRP Legal Expert James K. Filan has revealed the next important date in the case that will determine the next phase of the legal battle. New Date To Determine The Next Phase The pro-XRP legal expert recently notified the
The Presidential Annual Programm for 2024, published on Oct. 25 in Turkey’s Official Gazette, sets an aim to finalize the crypto regulations in the country within the following year. Article 400.5 of the almost 500-page document reveals the planned studies to define crypto assets, which might be properly taxed afterward. The crypto asset providers, i.e.,
Cryptocurrency infrastructure firm Fireblocks has identified and assisted in tackling what it describes as the first account abstraction vulnerability within the Ethereum ecosystem. An announcement on Oct. 26 unpacked the discovery of an ERC-4337 account abstraction vulnerability in the smart contract wallet UniPass. The two firms worked together to address the vulnerability, which was reportedly
Bitcoin (BTC) is due to finish 2023 as it started, on-chain analytics firm Glassnode says as October gains near 30%. In the latest edition of its weekly newsletter, “The Week On-Chain,” released Oct. 24, researchers argued that the past week “sets the foundation” for a BTC price uptrend. BTC price “convincingly” beats out resistance levels
On Oct. 25, Taiwanese legislators introduced the Virtual Asset Management Bill to the unicameral parliament, the Legislative Yuan. The bill aims to provide “better protection” for the customers and “properly supervise” the industry. The 30-page bill appears moderate in its demands for the industry. It suggests some common sense obligations for the virtual asset service
The price of Bitcoin (BTC) has notched new all-time highs against some of the world’s most inflationary fiat currencies. Across 30 hours over Oct. 23 to 24, the cost of buying one Bitcoin has reached all time-highs when using the Argentine peso (ARS), Nigerian naira (NGN), Turkish lira (TRY), Laotian kip (LAK) and the Egyptian pound
Could Bitcoin (BTC) be headed for an imminent pullback? Some crypto market observers believe the answer could be hiding within the price action of a frog-themed memecoin. In an Oct. 27 post on X (formerly Twitter), Onchain Capital co-founder and Crypto Banter host Ran Neuner suggested that memecoin Pepe (PEPE) is a strong indicator of
Google searches for “buy Bitcoin” have surged worldwide amid a major crypto rally, with searches in the United Kingdom growing by more than 800% in the last week. According to research from Cryptogambling.tv, the search term “buy Bitcoin” spiked a staggering 826% in the U.K. over the course of the seven days. Global search terms
A United States district court judge has ordered nonfungible token (NFT) artists Ryder Ripps and Jeremy Cahen to pay Bored Ape Yacht Club creator Yuga Labs a total of $1.57 million in disgorgement and damages, along with legal fees, bringing an end to the long-running “copycat” NFT lawsuit. The Oct. 25 order follows an April
Like many other crypto companies, Ripple has important dates and events that carry the possibility of triggering a bullish momentum for the XRP token. This is why some dates are more important than others and the most recent of these to emerge is the November 8-9 dates. What Is Ripple Doing On November 8-9? In
Our weekly roundup of news from East Asia curates the industry’s most important developments. Largest money laundering scandal in Australia unravels Changjiang Currency Exchange, a money transmitter business based in Australia, has beenbustedin a $145 million ($230 million Aussie dollar) money laundering scandal. On October 26 a 300-strong police operation spanning Melbourne, Sydney, Brisbane, Adelaide,
Cynthia Lummis, a crypto proponent representing Wyoming in the United States Senate, has called on the U.S. Justice Department to consider charges against crypto exchange Binance following the terrorist group Hamas’ attack on Israel. In an Oct. 26 letter to U.S. Attorney General Merrick Garland, Lummis and Arkansas Representative French Hill urged Justice Department officials
For more than a decade, the primary narratives surrounding Bitcoin (BTC) have focused on its role as a peer-to-peer digital cash and store of value. However, all indications suggest that we are witnessing a significant shift in this paradigm. Since the beginning of 2023, one of the most discussed topics in the Bitcoin ecosystem has
Testifying in court but without the jury for his criminal trial present, Sam “SBF” Bankman-Fried faced questions from prosecutors who pressed the former FTX CEO on his alleged involvement in using customer funds for investments through Alameda Research. According to reports from the New York courtroom on Oct. 26, Bankman-Fried denied knowing why crypto exchange
Former FTX CEO Sam “SBF” Bankman-Fried addressed a New York courtroom under oath without the 12-member jury present. According to reports from the courtroom on Oct. 26, SBF’s highly anticipated testimony kicked off with defense attorney Mark Cohen questioning the former FTX CEO on his use of the messaging app Signal and retention of communications
Solana Labs unveiled an all-new incubator program for project development on the Solana blockchain on Oct. 26. Title simply “Solana Incubator,” the program will offer fundraising, development, networking, and marketing support for web and blockchain projects seeking to build on Solana’s platform. Building a web3 startup on the Solana network? ️ Today, @SolanaLabs introduces their
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