CFTC reportedly mulling accepting digital assets as trading collateral
The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market. Go to Source
Month: October 2024
Analysis Reveals Possible 51% Attacks by Satoshi on Bitcoin in Early 2009
A social media post by an X account named “Wicked” presents claims that Satoshi Nakamoto may have conducted 51% attacks on the Bitcoin blockchain in May 2009. Wicked speculated that Satoshi likely tested these attacks early on to understand their potential impact on the network. Claims Surface Suggesting Satoshi Nakamoto Tested 51% Attacks on Bitcoin … Read more
IMF pressures El Salvador to overhaul Bitcoin regulations
According to the International Monetary Fund, El Salvador has a 3% annual GDP growth rate and roughly $144 million in outstanding loans. Go to Source
Bitcoin investors in ‘better position’ as onchain metrics signal market shift — Glassnode
Despite this week’s sell-off, onchain and technical data highlight an encouraging shift in the Bitcoin market. Go to Source
Kraken launches derivatives trading in Bermuda with BMA license
The crypto exchange is expanding its offerings in Bermuda as the US SEC goes after it on its home turf. Go to Source
Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders to Stablecoins At 1 p.m. EDT on … Read more
BlockDAG Presale Soars with 50% Bonus! Analyzing Bitcoin ETF and AVAX Trends
BlockDAG Celebrates $79.5M in Presale with 50% Bonus Amidst Bitcoin ETF Growth and AVAX Price Questions The cryptocurrency sector remains as unpredictable and ever-changing. The Bitcoin ETF continues to attract global investors, serving as a key gateway to the groundbreaking digital asset, Bitcoin. In contrast, forecasts for AVAX suggest a cautious yet hopeful future, predicting … Read more
Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo
The tech is still experimental, but its implications could change how users view reality. Go to Source
Binance derivatives market share shrinks to 2020 levels as CEX trading slumps
While Binance and other centralized exchanges saw activity decline in September, Crypto.com witnessed its trading volume reach an all-time high. Go to Source
Election Fever Pushes Polymarket to $533M in September, Setting New Records
Polymarket hit new milestones in September, with trading volume climbing to $533.51 million, exceeding August’s $472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month. Polymarket Booms Ahead of U.S. Election: $533M in Volume, 90K Users in September With 33 days until the 2024 … Read more