October witnessed significant advancements in the industry owing to the launch of six ETH Futures ETFs, offering investors a chance to delve into Ether futures. Bitcoin responded positively to the developments. Further gains were fueled by speculations about BlackRock’s application approval of a spot BTC ETF in the United States. As a result, the total assets under management (AUM) for digital asset products surged by 6.74%, reaching $31.7 billion in October. This represented...
Read More »US Appeal Court Rules in Favor of Craig Wright in Bitcoin Ownership Dispute
The United States Court of Appeals for the Eleventh Circuit has ruled in favor of self-proclaimed Bitcoin creator Craig Wright in his legal dispute with Ira Kleiman over rights to bitcoin (BTC) worth billions of dollars. According to an official document, the Appeal Court ruled that the district court’s verdict would stand as there is no proof it relied on an erroneous legal standard and that there would be no new trial for the case. Wright’s Bitcoin Ownership Dispute In...
Read More »Bitcoin (BTC) Price Soars to $35K as Spot Bitcoin ETF Approval Hype Builds: This Week’s Crypto Recap
The market is seemingly starting to wake up, and enthusiasm is as high as it’s ever been this year. The industry added another $140 billion to its capitalization throughout the last seven days on the back of considerable gains across the board. Starting off with Bitcoin’s price, it’s up a whopping 14.3% in the past week, currently trading at around $34,000 at the time of this writing. Last weekend was relatively slow, but it all changed on Tuesday when the price exploded...
Read More »Tether Sets the Record Straight: No Violations of Sanctions Laws, No Terrorist Ties
Last week, the Wall Street Journal inaccurately reported that Hamas and affiliated terror groups had received tens of millions of dollars in cryptocurrency, which was allegedly being used to support the ongoing conflict in the Middle East. However, blockchain analytics firms, such as Chainalysis and Elliptic, have contradicted this claim, suggesting that the actual funding amount was more likely in the range of a few thousand dollars. Despite these clarifications, the Wall...
Read More »Polygon Initiates POL Token Upgrade on Ethereum Mainnet
Following the announcement of the transition, MATIC experienced a 4% drop in its price, resulting in a reduced market capitalization of $5.8 billion. Polygon, a renowned blockchain scaling platform, reaches a pivotal moment in its evolution with the initiation of the POL token upgrade on the Ethereum mainnet. Months of meticulous development, community involvement, and a successful testnet launch have led to this remarkable milestone, solidifying Polygon’s commitment to building the Value...
Read More »Which Altcoin is Worth Buying? Shiba Inu (SHIB) Proposed By This Bitcoin Proponent
TL;DR Shiba Inu’s price rose 12% over the past week but remains below its 2021 highs. Early Bitcoin adopter, Davinci Jeremie, endorsed SHIB on Twitter, prompting positive reactions in the crypto community. Jeremie had earlier accurately predicted Bitcoin’s growth potential, with BTC recently surpassing $35,000. Pinpointing at SHIB Ever since entering crypto’s ecosystem, memecoins have been intriguing for many investors and traders due to their enhanced volatility and...
Read More »Bitcoin’s Meteoric Rise: Analyst Forecasts BTC Could Soar to $45K in November
According to the analyst, November will pave the way for a plausible BTC surge above the $45,000 mark. As Bitcoin (BTC) continues its bullish trajectory over the week, the cryptocurrency market is abuzz with speculation about its next milestone. According to a comprehensive analysis by prominent financial analyst CryptoCon, Bitcoin is poised to hit a significant threshold of $45,000 in November, leveraging insights from previous market cycles. CryptoCon shared these insights in a series of...
Read More »Chainlink (LINK) Shines with Remarkable 50% Surge smid Crypto Rally
With how LINK is moving in recent times and its historical precedent, there are indications that it may serve as a market leader once again, potentially triggering another bullish trend. Chainlink (LINK), a decentralized blockchain oracles service provider has emerged as a standout performer, witnessing an astounding 50% increase in its price as the crypto market witnessed a significant uptick in valuation. Understanding the Chainlink Surge The recent surge in Chainlink’s price can be...
Read More »Schweizer Franken: So erkennt man echte Banknoten
Der Schweizer Franken ist eine der stabilsten Währungen der Welt und wird in vielerlei Hinsicht als eine sichere Anlage angesehen. Da aber auch in der Schweiz Fälschungen im Umlauf sind, ist es wichtig zu wissen, wie man echte Banknoten von Fälschungen unterscheiden kann. Die Schweizerische Nationalbank (SNB) hat in ihren Notenserien verschiedene Sicherheitsmerkmale eingebaut, um die Echtheit einer Banknote zu bestätigen. Hier sind einige Tipps und Hinweise, die Ihnen helfen, echte Schweizer...
Read More »Ehemaliger Bitcoin-Vorreiter EU mittlerweile abgeschlagen
Frankfurter Bankenviertel Foto CC 3.0 by Epizentrum Im Bereich Regulierung stehen Umbrüche kurz bevor. Die Europäische Union (EU) hat in diesem Jahr mit der Verordnung über Märkte für Kryptowerte (Micar) einen neuen Rechtsrahmen für den Kapitalmarkt eingeführt, dessen Regeln jetzt nach und nach in Kraft treten. So gelten ab Juli 2024 Bestimmungen für Stablecoins und E-Geld-Token, also Token auf Basis von Fiat-Währungen wie dem US-Dollar, die...
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