Quick Look
Willy Woo on Altcoins: ‘Retail May Be Getting It’
Trader Willy Woo reflected on market trends and the behavior of altcoins in what he called this third alt-cycle. This cycle, Woo...
Bolivia Ramps up Stablecoin Adoption as Bank Debuts USDT Services
Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time....
Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls
The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the...
Ripple CEO Loses Bank Account After 25 Years, Given 5 Days to Withdraw Funds
Ripple’s CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company,...
Economist Explains Bitcoin’s Untapped Potential for Central Bank Reserves
An economist has argued that bitcoin is a reserve asset similar to gold, noting that some central banks might consider adding it to...
Standard Chartered: Bitcoin Set to Hit $73K on US Election Day
Standard Chartered forecasts bitcoin reaching $73,000 on Nov. 5, U.S. Election Day, with a potential year-end high of $125,000 if...
Morgan Stanley Warns High-Stakes 2024 Election Could Unleash Major Market Shifts
Morgan Stanley analysts caution that the 2024 U.S. presidential election could unleash severe market volatility, driven by...
Strategic Diversification in Bitcoin Mining and HPC – Bit Digital (BTBT) Analysis
Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any...
What is Layerzero? A Beginner’s Guide
Learn about Layerzero, a genuine solution for blockchain interoperability, promising to tackle key issues of security and liquidity...
Cardano’s Next Move? Charles Hoskinson Teases a Nintendo Emulator on Hydra
This week, Cardano founder Charles Hoskinson shared that after a team of developers successfully implemented the popular video game...
Latam Insights: Brazil Pushes for BRICS Unified Financial System, Milei Axes Tax Enforcement Agency
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In...
Glassnode Report Reveals Insights on Bitcoin’s Latest Rally – Why Investors Are Paying Attention
Bitcoin’s recent price rally to $69,000 marked a notable shift, according to research from Glassnode and onchain analysts...
Tether CEO Breaks Down $9.45B in BTC and Gold Reserves, but It’s Only Part of the Picture
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether,...
Vitalik Buterin Calls out Ethereum Foundation Critics—’Show Some Respect’
Vitalik Buterin, one of the main architects behind today’s Ethereum design, took to social media to reject common criticism...
Institutional Demand Rises, but What’s Holding Bitcoin Back? QCP Capital Weighs In
QCP Capital’s weekend brief delves into a volatile week for bitcoin, which saw a peak in price that couldn’t hold and...
US Election Bettors Double Down: Trump’s Path to Victory Grows, but Is It Enough?
According to the latest data from Polymarket, gathered eight days before the 2024 U.S. Election Day, former President Donald Trump...
Kiyosaki’s Inflation Advice, AI Bitcoin Price Forecast, and More — Week in Review
Get the biggest stories of the week all in one place, including Kiyosaki’s advice for surviving inflation, AI forecasts for...
FINRA Warns Member Firms of Metaverse Adoption Challenges
The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse...
Russia Drives Dedollarization Forward With BRICS — Brazil Now Leads Next Steps
Russia’s push for BRICS to abandon the U.S. dollar has reached critical milestones, with formalized agreements and functioning...
Qatar Tech Firm Launches Platform for Tokenized Islamic Finance Contracts
Blade Labs, a Qatari tech company, has launched a platform for tokenizing Murabaha contracts, a type of Islamic finance. This...
An AI Bot Worth Millions? The Unbelievable Story of Truth Terminal and GOAT
While the crypto market experienced a subtle uptick of 0.06% over the past 24 hours, the artificial intelligence (AI)-driven meme...
Russia Warns of Global Market Shock if Frozen Assets Are Tapped, Intensifies Sanctions Threat
Russia cautions that using frozen Russian assets could trigger profound shocks to global markets, spurring developing nations to...
Man Vanishes With Woman’s Crypto, Prompting Police Investigation in Hong Kong
A Hong Kong woman lost $12K in a crypto exchange scam after waiting hours for a promised cash handoff that never arrived. Hong Kong...
BRICS Leaders Push for Local Currency Network, Diminishing US Dollar Role
BRICS leaders have declared their commitment to a local currency payment network designed to revolutionize cross-border...
Russia Publishes New Crypto Law Expanding State Control Over Digital Assets
Russia’s new crypto law amplifies state control, enabling regional restrictions, tighter infrastructure regulations, and...
Peter Schiff Warns Bitcoin Investors: ‘Get Ready for the Trump Dump’
Economist Peter Schiff forecasts a “Trump dump” for bitcoin, questioning its weak momentum amid Donald Trump’s...
Robert Kiyosaki Predicts Bitcoin Blast-off — Declares Time to Buy BTC
Rich Dad Poor Dad author Robert Kiyosaki predicts a bitcoin “blast-off,” urging investors to buy BTC and seize this...
5,000 Delegates Gather as BRICS Charts a Path to Sidestep Western Influence
With 5,255 delegates attending, the 16th BRICS Summit in Kazan focused on building a “multipolar world order” and reducing reliance...
TeraWulf: Overview of a Rising Bitcoin Miner in 2024
TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How...
A New Approach to Analyzing Operational Efficiency of Bitcoin Mining Companies
Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A...
Enter the the Token-Driven World of Angry Dynomites Lab
In Angry Dynomites Lab, Regina join forces with other players to save a world of clumsy Dynos in this innovative Web3 adventure....
How the Grateful Dead Presaged Today’s Decentralized Technologies and Encouraged P2P Networking
In 1965, the Grateful Dead united as a musical group that not only redefined the music industry but upended the norms, setting a...
Triple-Digit Gains and Pricey Sales—What’s Fueling the NFT Market’s Latest Shakeup?
Between Oct. 19 and Oct. 26, recent data reveals that non-fungible token (NFT) sales slid 7.11% lower than the prior week. Top NFT...
Central Bank of Brazil Highlights Tokenization Potential Before IMF and World Bank
The Central Bank of Brazil propped up tokenization and “open finance” as key elements of the future’s financial...
The Race to the Zettahash Era: Bitcoin’s Hashrate Breaks New Records
On Friday, Oct. 25, 2024, Bitcoin’s network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)—a...
Stablecoin Plunges 98% in 24 Hours, Sparks Rug Pull Allegations
Early on Oct. 26, the U.S. dollar value of Essence Finance’s decentralized stablecoin, CHI, plunged by more than 90% after...
Polymarket’s Staggering Growth in October — Will Post-Election Events Keep the Momentum Going?
Based on Dune Analytics’ latest figures, the prediction market Polymarket’s October volume has soared to over three times what it...
Markets Are Telling Us Something About the US Election
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the weekly newsletter to get the...
Binance Connect Relaunches, Powering Fiat Currencies and 300 Crypto Options
Binance relaunches Binance Connect as a fiat-to-crypto gateway, streamlining Web3 transactions and driving global digital asset...
Korea to Regulate Crypto Cross-Border Trade Next Year
On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including...
SOL traders turn to this meme coin index as Solana price prediction points to a possible 5% slip
Solana (SOL) may see a 5% decline, slipping to around $160 amidst market volatility. Investors are considering Vantard (VTARD), a...
8 Chinese Firms Exposed in High-Stakes Crypto Laundering Operation
Indictments reveal how eight Chinese firms used cryptocurrency to obscure profits from illegal chemical sales. US Indicts Chinese...
Feds Target Businessman in Alleged Web of Secret Crypto Deals
The U.S. has accused a businessman of running an unlicensed cryptocurrency operation that allegedly enabled secretive...
BRICS Isn’t Anti-West but Won’t Tolerate Western Currency Domination, Russian Official Says
BRICS has condemned Western economic dominance and currency control tactics, accusing the West of using reserve currencies as...
Netherlands seeks public feedback on crypto tax reporting rules
Netherlands has invited public comments on a new draft bill on crypto tax reporting expected to align local rules with European...
BRICS Payment System a SWIFT Substitute? Network to Implement Digital Assets and Financial Messages
The Russian Finance Minister offered insight into the inner workings of the new BRICS payment system at the recent summit held in...
Tether and City of Lugano unveil Satoshi Nakamoto statue
Tether in collaboration with the City of Lugano, has unveiled a statue of Satoshi Nakamoto. Bitcoin (BTC) creator Satoshi Nakamoto...
BRICS Backs Russia’s Push for New Global Payment System to Counter Western Control
Russia’s push for a BRICS payment system is gaining traction, with partners endorsing the plan to counter an “outdated, expensive,...
Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5M Attack on Vaults
Tortola, British Virgin Island, October 25th, 2024, Chainwire Aark Digital recently experienced a security incident in which an...
Bitcoin Drops Amid Market Chatter—A Familiar Pattern From the Past—Here’s What We Know
Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $68,700 before plunging to a 24...
What happened in crypto this week
It’s been a busy week in crypto, from payments processor Stripe’s acquisition of stablecoin platform Bridge to Ripple’s co-founder...
WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency...
Valhalla Partners with Hong Kong International Cricket Sixes for a Thrilling Comeback
Miami, Florida, October 25th, 2024, Chainwire Valhalla, Floki’s PlayToEarn Massively Multiplayer Online Role-Playing Game (MMORPG)...
Microsoft’s Surprising Stance on Bitcoin as a Treasury Asset – Why They’re Saying No
Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin...
Microsoft Shareholders to Vote on Bitcoin in December
Microsoft shareholders will vote on assessing investing in Bitcoin, amongst a number of topics, at the annual shareholders meeting...
Tether Proposes Establishing Tokenized Boron Commodity Markets in Turkey
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the...
Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling
Stuart Alderoty, Ripple’s chief legal officer, said “the SEC can’t submit new evidence or ask us to produce more” Ripple’s Form C...
Russian Banks Baulk at Digital Ruble Implementation Costs
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating...
Why experts are backing cryptos like Vantard, MEW, and Popcat
Cryptocurrency prices are doing well this year, with most of them outperforming traditional assets like the S&P 500, Nasdaq...
Buenos Aires Implements Self-Sovereign Decentralized Blockchain ID Initiative
Buenos Aires’ Innovation and Transformation Secretary, Diego Fernandez, confirmed that Quarkid, a self-sovereign...
Blockchain Life 2024 gathered the leaders of the crypto community from 120 countries in Dubai
The 13th edition of the Blockchain Life Forum, the premier gathering for cryptocurrency leaders worldwide, recently concluded with...
Did Hackers Compromise US Government Crypto? $20M in Suspicious Activity
In a new update from Arkham Intelligence, it seems that crypto wallets linked to the U.S. government may have been compromised,...
Iran Declares UN and IMF Ineffective, Advocates for BRICS-Driven World Order
Iran’s president slammed the UN Security Council and International Monetary Fund (IMF) at the BRICS summit, accusing them of losing...
Massive Turnout at BRICS Summit Proves West’s Strategy to Isolate Russia Failed
Western efforts to isolate Russia have faltered as 36 nations attended the BRICS Summit in Kazan, a Russian official has declared....
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto...
Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to...
Bitcoin 2024 Forecast: Experts Split on $125K Bullish or $40K Bearish BTC Outlook
Bitcoin’s future value remains a hot topic, with Finder’s latest survey reflecting expert opinions on its trajectory....
Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes
The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to...
Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report....
SEC Ramps up Crypto Oversight With New Examination Priorities for 2025
The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of...
Study: Trump Win Likely to Spark Bullish Trend in Crypto Prices
A recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the...
Number of Bitcoin whales surge higher, investors target Vantard
TL;DR The number of Bitcoin whales owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January...
Vantard’s Initial Presale Sells $500K Instantly: Next Round Opens Today
Crypto’s first Meme Index Fund (MIF), Vantard, made an explosive debut on 22nd October, selling out the first round of its presale,...
Pennsylvania House passes bipartisan Bitcoin bill
Pennsylvania House of Representatives have passed “The Bitcoin Rights Bill”, with a bipartisan majority of 176 to 26. The bill...
Former US Federal Agent Freed From Nigerian Prison After 8 Months
Tigran Gambaryan, a U.S. citizen and former federal agent detained in Nigeria for eight months, has been released. The charges...
BingX Restores Full Operations and Unveils “ShieldX” for Enhanced Security
Vilnius, Lithuanian, October 24th, 2024, Chainwire BingX, a global leading cryptocurrency exchange, has fully restored its...
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...
GOAT token soars as Binance lists perpetual contract
Binance launches GOAT perpetual contract with 75x leverage. GOAT meme token jumped 18% to $0.88 amid several other exchange...
Vintage 2011 Bitcoin Wallet Moves $10M, Linked to All of October’s 2011 Spends
On Oct. 24, at block height 867,127, a bitcoin wallet from 2011 suddenly moved 150 bitcoins, marking the first transaction in over...
Popcat climbs to all-time high as meme coins surge
Popcat rose more than 10% to hit a new all-time high of $1.67. The cat-themed meme coin’s surge coincides with an uptick for most...
Bitcoin.com Enhances Cross-Chain Swaps on Verse DEX With deBridge Integration for Faster, More Efficient Trading
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has announced a significant upgrade to the cross-chain swap...
Investors flee Ripple (XRP) for Rexas Finance (RXS) after major CoinMarketCap listing
Ripple (XRP) has been a player in the crypto world for quite some time, as it is recognized for cross-border payments and global...
Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences
Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies....
Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress...
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such...
Ripple CEO endorses Republican John Deaton in Senate race against Elizabeth Warren
Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren. Deaton has strong pro-crypto advocacy; Warren...
Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive...
Uniswap has launched permissionless bridging across nine networks
Uniswap launched permissionless bridging across nine networks for seamless asset transfers. The permissionless bridging, powered by...
New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data
The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers...
Peanut releases instant offramp – CoinJournal
London, United Kingdom, October 24th, 2024, Chainwire Peanut launches a beta of the first self-custodial offramp, allowing users to...