Reddit offloads most of its Bitcoin, Ether holdings
Reddit sold the majority of its crypto portfolio during the third quarter, offloading BTC and ETH once held “for treasury purposes,” according to a Tuesday filing with the SEC.
According to the document, proceeds from the sale of crypto were valued at $6.869M.
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💼 Top crypto news for Wednesday, October 30
📌 Visa and Coinbase partner for instant crypto buys with debit cards.
📌 Florida official wants Bitcoin included in state pension funds.
📌 dYdX lays off 35% of staff shortly after major Consensys cuts.
📌 NYSE seeks to list Grayscale crypto index ETF.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
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💼 Top crypto news for Tuesday, October 29
📌 Gemini crypto exchange receives preliminary approval in Singapore.
📌 Consensys to cut workforce by 20%.
📌 Bhutan gov’t moves $66M of Bitcoin stash to Binance as price tops $71K.
📌 FTX estate sues KuCoin to recover over $50M in assets.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
Devs wont rug mostly known within the community. also a lot of seth mcfarln Meta is warming up in Market
Читать полностью…KLAUS has extremely good metrics for a good 10x from here. 6000 plus holders in last 2 weeks
Читать полностью…Arthur Hayes has published a new essay, "Let's Go Bitcoin", where he explores how global crises and monetary incentives fuel BTC’s growth against weakening fiat currencies.
1️⃣ Hayes criticizes capitalism and the U.S. corporate system, where private profits are often achieved at the public's expense through government support.
2️⃣ He highlights how China’s real estate market became the largest bubble in history, with Beijing’s introducing the “Three Red Lines” policy to curb developer debt and mitigate risks.
3️⃣ Economic crises in Japan, the U.S., and the EU have followed similar patterns, with real estate bubbles bursting and subsequent stimulus measures, like quantitative easing.
4️⃣ Hayes predicts that China will also turn to quantitative easing (QE), which would boost BTC prices amid a weakening yuan and increasing money supply.
US Politics increasing hype in digital assets with a further $901m inflows
▪️Digital asset inflows reached $901m last week, pushing year-to-date inflows to $27bn, nearly triple the 2021 record.
▪️The US led with $906m in inflows, while Germany and Switzerland saw minor gains, and Canada, Brazil, and Hong Kong recorded small outflows.
▪️Bitcoin attracted $920m, likely due to US political factors, while Ethereum saw $35m in outflows; Solana and blockchain equities showed gains of $10.8m and $12.2m, respectively.
I think AI, and Memes gonna go up big, L2 mostly Metis IMO, as it’s the only L2 following Buterin recommendation on decentralisation and is on the short list of gray scale, institutional investors are about to enter it , mark my words
Читать полностью…🇨🇭 A monument to Bitcoin creator Satoshi Nakamoto has been unveiled in the crypto-friendly Swiss city of Lugano.
Читать полностью…US government crypto wallets hacked for $20M
A hacker compromised a wallet probably controlled by the United States government on Oct. 24. The wallet, which included funds seized from the 2016 Bitfinex hack, was drained of $20M.
According to Arkham Intelligence, the attacker sent the funds to a wallet beginning with “0x348,” which included USDC, USDT, ETH.
🎂 Satoshi Nakamoto 'Bitcoin Whitepaper' Turns 16
On Oct. 31, 2008, Nakamoto shared the “Bitcoin: A Peer-to-Peer Electronic Cash System” white paper with a cryptography mailing list, proposing a decentralized, peer-to-peer network capable of preventing double-spending through proof-of-work consensus.
📈 99% of Bitcoin holders are in profit as BTC pushes its all-time high.
The last time we saw these levels was in June, when Bitcoin ultimately failed to break through.
Good social following, good meme, 18d still could rug i think 2 months safe to say all good, I personally do memes only on Sol but that’s me, overall looks good
Читать полностью…Guys shared this a few days ago in my chat, and still think they can do extremely well, i have all of these tokens in small to mediums quantities , i have both kamala and trump as one will win
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💼 Top crypto news for Monday, October 28
📌 FV Bank integrates with Visa for crypto debit, corporate cards.
📌 Robinhood launches US presidential elections bets for Harris and Trump.
📌 Tether CEO breaks down reserves backing USDT stablecoin.
📌 Bolivia continues crypto momentum as bank launches USDT custody.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
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💼 Top crypto news for Friday, October 25
📌 Pennsylvania House of Representatives passes pro-crypto bill.
📌 Ripple files Form C, appeals SEC ruling on XRP institutional sales.
📌 South Korea to ramp up oversight of cross-border crypto transactions.
📌 Thailand crypto market is shifting away from retail.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
Retail investors, not institutions, have been responsible for most of the demand for spot BTC ETFs
▪️Binance analysts shared that non-institutional investors accounted for nearly 80% of the total assets under management in spot BTC ETFs.
▫️While retail investors account for the lion’s share of investment into the funds, Binance analysts noted a growing demand from the institutional side, with investment advisers and hedge funds standing as the two fastest-growing parties of interest.
Same thoughts, at a certain point in time, educated or smart retailers will get into crypto and we will see AI, L1s, L2s and other narratives performing well
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💼 Top crypto news for Thursday, October 24
📌 Binance exec leaves Nigeria after authorities drop final charges.
📌 Kraken to launch Ink blockchain for DeFi in early 2025.
📌 Tether proposes boron-backed tokens to Turkey’s government.
📌 US govt cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral