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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/
🇹🇭Institutional Participation Likely to Accelerate Blockchain Adoption in Thailand: Binance Thailand CEO
Thai Binance executive calls the SEC's proposal to allow institutional participation in crypto, a “progressive move” to adapt to the evolving landscape.
📊 Cryptocurrency price check 📊
🔹 BTC: $67,561 + 0.71%
🔹 ETH: $2,492 - 1.97%
🔹 BNB: $588 - 0.50%
🔹 XRP: $0.52 - 1.00%
🔹 ADA: $0.33 - 2.15%
🔎 South Korea Mandates Reporting on International Stablecoin Transactions
South Korea plans to introduce cross-border virtual asset transaction rules, with registration and reporting requirements by late 2025.
🚫 Microsoft Wants Shareholders to Say No to Bitcoin Investment Plan
US tech giant Microsoft advised shareholders to reject a Bitcoin investment proposal, deeming it too risky for shareholder value.
📰 Coinbase's Layer-2 Base to Decentralize with Fault Proofs
Coinbase's Layer-2 blockchain Base to implement permissionless fault proofs on October 30.
🌍 Stricter Global Crypto Regulations Reduce Risk of FTX-Style Collapses: Report
A study by Nickel Digital reveals that increased global regulatory oversight has reduced the risk of another major collapse like FTX.
🇫🇷 Polymarket Uncovers ‘French Connection’ Behind Surge in Trump Bets
A French trader is shaking up the betting scene with over $28 million in Trump bets on Polymarket!
🤔Tether Proposes Digital Tokenization of Turkey’s Boron Reserves
Tether discusses creating digital tokens for Turkey’s boron reserves with Turkish officials. Boron, a key export for Turkey, may soon see blockchain integration.
⚖️Consensys Urges Future US President to Provide Clear Crypto Regulations
Consensys urges the next U.S. president to prioritize clear crypto regulations stressing the need for oversight that supports innovation while protecting consumers.
🚨 New podcast with George Bousis, CEO of Raise.
In this conversation, Matt and George discuss:
- Overview of the gift card industry
- WalletConnect & Polkadot Integrations
- Brands taking out the middleman
🔊 https://loom.ly/u3M5eG0
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🐂 Crypto Bulls Face Second-Largest Liquidation Day in October as Bitcoin Dips
Crypto traders who bet on rising markets faced a major setback on October 23, which marked the second-largest day of liquidations this month.
🇬🇧 Europe Emerges as Second-Largest Crypto Economy With Nearly $1 Trillion On-Chain Value – Chainalysis
The UK emerged as the dominant force in CNWE's crypto landscape, attracting $217 billion in crypto value and driving innovation in merchant services and stablecoins.
👨⚖️ Prosecutors Urge Leniency for Former FTX Exec Nishad Singh Citing 'Exemplary Cooperation'
Prosecutors in the case against Nishad Singh are urging the judge to consider his "exemplary cooperation" when determining his sentence.
3. Hold On for Dear Life (HODL/WETH) ⚡️
🔹 24h Price Change: +5,048%
🔹 Current Price: $0.093695
🔹 Analysis: HODL’s 5,000%+ rise is fitting for a token that plays off the famous “HODL” phrase in crypto culture. It could be experiencing renewed interest due to market conditions that inspire the community to “hold” through volatility, or it might be part of a community-driven campaign.
🔹 Strategic Insight: Look for any news or events that may have resonated with HODL’s core message of long-term holding.
🔹 Trade Wisely: Given the nature of HODL’s appeal, its movement could be driven by market volatility or community sentiment.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👨⚖️ U.S. Appeals Court Rejects Homeowner's $170,000 Crypto Scam Insurance Claim
The US appeals court has ruled against a homeowner's plea to hold his insurer accountable for a loss resulting from a cryptocurrency scam.
📝 Dutch Tax Authority Seeks Public Input on Crypto Data Reporting Bill
The Dutch government has invited public feedback on legislation that will mandate crypto service providers to disclose user information.
👾 US Govt Linked Crypto Wallet Hacked, $20M Worth Stablecoins, ETH Drained
The hacker converted the stablecoins into ETH and deposited them into multiple addresses labelled “Binance Deposit.”
🚀 Pennsylvania Embraces Bitcoin, New Bill Protects Self-Custody and Payments
Pennsylvania's Bitcoin Rights Bill has passed, protecting residents' rights to self-custody digital assets and enabling Bitcoin payments.
💰Institutional Investors Own Over 20% of US Bitcoin ETF Shares – SEC Filings
Institutional investors are flocking to Bitcoin ETFs, owning over 20% with holdings exceeding $13 billion.
📰 Tigran Gambaryan Officially Out Of Nigeria Following News Of Charges Being Dropped: CoinDesk
Binance executive Tigran Gambaryan has left Kuje prison and is officially out of Nigeria.
CryptoQuant CEO Predicts Bitcoin Could Be Used as a Mainstream Currency by 2030
Bitcoin could finally fulfill its potential as a global currency by 2030, according to Ki Young Ju, CEO of CryptoQuant.
🚀Ripple CEO Brad Garlinghouse Expects 'Forward Progress' On Crypto After Election
Expect forward progress in crypto regulation, says Ripple CEO Brad Garlinghouse at DC Fintech Week 2024, as the Trump vs Kamala Harris U.S. presidential race heats up.
🔗Arithmic Labs CEO Reveals Plans for a Unified Liquidity Solution Across Bitcoin and Ethereum
Arithmic Labs partners with EigenLayer to unify Bitcoin and Ethereum liquidity. CEO Karan Bharadwaj discusses how this will boost yields and transform crypto staking.
🔒 Hacken’s Community-Driven DeFi Security Flash Pool Sells Out in 11 Minutes
Hacken's community-driven security model becomes a game changer, as their DualDefense Flash Pool sold out in just 11 minutes, offering 115% APY.
🏠 Opinion: Why Tokenisation Is the Answer to Real Estate Fraud
Discover how tokenization and blockchain could protect real estate investors from fraud and mismanagement.
📉 Binance's Market Share Drops as Rivals and DEXs Gain Ground: Report
Binance's market share has dropped from 52.5% to 39.5%! As rivals like Bybit and OKX are gaining more ground.
🚀 Ethereum's ‘The Verge’ Upgrade to Enable Nodes on Everyday Devices Like Phones and Watches
Ethereum co-founder Vitalik Buterin has announced that the network's upcoming upgrade will make Ethereum more secure and accessible.
🚨 Crypto Fraudsters Caught Spending Big: Austrian Trial Reveals
A major trial exposes crypto fraudsters who swindled over €20 million from 40,000 victims while living in luxury!
2. SPX6900 2.0 (SPX2.0/WETH) 🚀
🔹 24h Price Change: +18,750%
🔹 Current Price: $0.0006110
🔹 Analysis: SPX6900 2.0’s nearly 19,000% rise suggests this token is riding a fresh wave of speculative interest, likely tied to its rebranding or a new iteration (2.0).
🔹 Strategic Insight: Check for any recent launch announcements, community campaigns, or new features introduced in the 2.0 version.
🔹 Trade Wisely: Be mindful of the potential for rapid corrections, especially with low-priced tokens that experience large pumps. Monitor liquidity and sentiment closely.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*