Minsama Unveils the Powerful SAMA X 380 ASIC Miner: 377 TH/s, Superior Air Cooling, and Unmatched Efficiency at 7 J/TH
Polymarket Predicts Trump Leading Harris by 58.3% in 2024 Election Odds
Canary Capital Files Registration for Litecoin ETF With SEC
Blockstream Closes $210,000,000 in Funding To Accelerate Development ‘Ahead of Next Bitcoin Cycle’
Bitcoin (BTC) infrastructure firm Blockstream is raising hundreds of millions of dollars in funding ahead of BTC’s next big wave. In a post on the social media platform X, Blockstream confirms that it just concluded a $210,000,000 funding round led by Fulgur Ventures. Fulgur Ventures is a venture capital firm specializing in Bitcoin and Lightning […]
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Ethereum price shows strength, but a 23% drop in DApps activity raises concern
Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally.
Ether (ETH) price surged 9.4% between Oct. 10 and Oct. 15, reaching its highest level in two weeks at $2,687. However, despite these recent gains, Ether remains down 25% over the past three months, reflecting investor disappointment with the recently launched spot Ether exchange-traded funds (ETFs) and the overall lack of demand for ETH, despite Ethereum’s focus on prioritizing layer-2 scaling solutions.
In the past 7 days, the Ethereum network saw a 23% decline in onchain decentralized applications (DApp) volumes and this downturn has sparked speculation that Ether’s price could follow suit.
While various factors have negatively affected Ether’s price since mid-July, it is particularly striking that the overall cryptocurrency market capitalization remained relatively flat over the same three-month period.
Bitcoin open interest soars to 1-year high as BTC price rallies toward $68K
Demand for leverage in BTC futures jumped to $38 billion, but traders appear well-positioned enough to avoid surprise price swings.
Bitcoin (BTC) price gained 8% between Oct. 14 and 15, up 11.5% over the past 30 days. Bitcoin currently is significantly outperforming the S&P 500, which gained 3.8% during the same period.
However, some traders are concerned that the sharp increase in demand for Bitcoin leverage could pose a potential risk.
The aggregate Bitcoin futures open interest — which measures the total number of BTC futures contracts — signals a rising appetite for leverage, causing some unease among investors. High open interest can increase the risk of cascading liquidations due to unexpected upward or downward price movements, leading traders to anticipate heightened volatility.
TikTok Coins system may classify as a crypto exchange, expert warns FCA
TikTok’s virtual coin system may classify as a crypto exchange, raising regulatory and compliance questions.
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Analyst Says It’s Time for Bitcoin Rallies, Updates Forecast on FET and Solana-Based Memecoin
A closely followed crypto analyst and trader believes that Bitcoin (BTC) has more gas left in the tank despite its latest surge. Pseudonymous analyst Altcoin Sherpa tells his 224,900 followers on the social media platform X that he’s bullish on Bitcoin after reclaiming support at around $60,000. According to the trader, he expects the latest […]
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Crypto Giant Grayscale Considering Adding Aptos (APT), Dogecoin (DOGE) and 33 Other Altcoins to Product Family
Crypto asset management giant Grayscale has released a list of altcoins that it says it’s considering for new institutional products. In a blog post, Grayscale names 35 “assets under consideration” or digital assets not currently included in its products but identified by the firm as possible candidates for inclusion in a future product. Says Grayscale, […]
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Avalanche Foundation Seeking To Buy Back $56,795,000 in AVAX Sold to Luna Foundation Guard Before 2022 Collapse
The key organization backing the Avalanche (AVAX) blockchain ecosystem is announcing plans to repurchase crypto assets sold to the nonprofit behind the Terra (LUNA) protocol in the first half of 2022. The Avalanche Foundation says it has negotiated an agreement to get back all AVAX tokens sold to the Luna Foundation Guard (LFG) in April […]
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Ripple Announces Initial Exchange Partners for Ripple USD (RLUSD) Stablecoin Launch
Payments firm Ripple is announcing exchange partners for the launch of RLUSD, the company’s new dollar-pegged stablecoin. According to a new press release, Ripple Labs is collaborating with crypto platforms Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish to launch Ripple USD. Beta testing for RLUSD rolled out on the Ethereum (ETH) mainnet and […]
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BTC price focus shifts to $69K as Bitcoin challenges 8-month downtrend
Bitcoin looks increasingly apt to ditch its consolidation range as BTC price volatility kicks in at the Wall Street open.
Bitcoin (BTC) spiked toward $68,000 at the Oct. 15 Wall Street open as analysis told traders to focus on old all-time highs.
BTC/USD 1-hour chart. Source: TradingView
Fresh BTC price upside accompanied the start of the Wall Street trading session after overnight consolidation, data from Cointelegraph Markets Pro and TradingView showed.
Off The Grid may be the ‘catalyst’ for new crypto gaming bull run: Web3 Gamer
Off the Grid has topped the download charts and may spark a Web3 gaming bull run say analysts, with VCs getting bullish again. Web3 Gamer.
Is Off The Grid the Axie Infinity of this cycle or something even more significant? The wild popularity of the early access version has sparked considerable speculation in the crypto community.
Gunzilla Games Off The Grid a free-to-play, third-person battle royale game just launched an early access release on major gaming consoles, and its already topped Epic Games free-to-play PC games list, ahead of Fortnite and Rocket League.
Avalanche founder Emil Gun Sirer noted that over the first five days of release, the game grew growing at more than 1 million wallets per day and already notched up 53 million transactions.
After years of terrible game releases, the crypto community is speculating that finally having a popular and well-reviewed game that people enjoy playing may trigger the long-anticipated major Web3 gaming boom.
Off The Grid may finally be the catalyst we needed for a much bigger gaming run, crypto analyst Miles Deutscher said in an Oct. 14 X post.
Scammers promote fake Uniswap L2 on Google amid Unichain hype
Google mistakenly promoted a fake version of the Unichain website that spammed users with requests to drain their wallets.
As the buzz around crypto exchange Uniswap’s new Ethereum layer 2 builds, scammers have decided to take advantage of the situation to promote a fake website on Google that claims to promote the network.
The website, originally located at unlchalindefi[.]com, claimed to be the official site for Uniswap’s Unichain network. But in reality, it did not offer a new network with user-friendly apps.
Instead, it stole all of the user’s cryptocurrency and transferred it to the site’s developers, who were not affiliated with Uniswap at all, according to warnings presented in the Web3 wallet MetaMask.
Anthony Scaramucci ‘Wildly Bullish’ on Bitcoin, Says ETFs Providing Catalyst for Mass Adoption
SkyBridge Capital founder Anthony Scaramucci says mass adoption is likely coming on the back of Bitcoin (BTC) exchange-traded funds (ETFs). In a new interview on crypto influencer Natalie Brunell’s YouTube channel, Scaramucci says that spot Bitcoin ETFs will significantly increase the number of investors, including public entities, investing in the flagship digital asset. “I’m wildly […]
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HTX and TradingView Forge Strategic Partnership, Ushering in a New Era of Crypto Trading
Mint Blockchain Secures $1.35 Million Grant From Optimism Governance
Bank Paying $29,500,000 To Americans for Allegedly Bombarding People With Illegal Phone Calls, Demanding Nonexistent Debt Payments
One of the largest banks in the US is preparing to hand out $29.5 million to settle accusations that the lender illegally robocalled hundreds of thousands of people. Citibank is accused of making unsolicited, prerecorded calls requesting debt payments to people who don’t even have accounts at the bank. Lead Plaintiff Christine Head claims the […]
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Litecoin spikes 10% as Canary Capital applies for spot Litecoin ETF
The potential approval of a Litecoin ETF could enhance market liquidity and stability, influencing broader crypto investment trends.
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Petition Calls for Roger Ver’s Immediate Release and Pardon
Blockstream Completes $210 Million Convertible Note Financing Round
US Government Launches Manhunt for Man Accused of Running $150,000,000 Crypto Scam: Report
US authorities have reportedly launched a manhunt investigation to capture a German man charged with operating a $150 million crypto fraud. Horst Jicha skipped a scheduled appearance in Brooklyn federal court earlier this month and is now a fugitive, per a recent report from CNBC. Earlier this year, the U.S. Attorney’s Office for the Eastern […]
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Canary Capital files for Litecoin ETF with SEC filing
Canary Capital files with the SEC for a Litecoin ETF to facilitate easier investor access to Litecoin value through shares.
The post Canary Capital files for Litecoin ETF with SEC filing appeared first on Crypto Briefing.
Pepe Price Prediction: Time to Buy as PEPE Jumps 6%?
Bitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb
PONKE is available for trading!
We’re thrilled to announce that PONKE is now available for trading on Kraken! Funding and trading Trading for PONKE will be live as of 16:00 PM UTC today, October 15, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your […]
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Trump-backed WLFI token sale falls short, raising just $5 million in first hour
The Trump-backed WLFI token sale raises only $5.5 million in its first hour, falling short of its $300 million goal.
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