Month: October 2024

Meme coins could be gearing up for their biggest rally in years. Some analysts are even predicting a Trump victory next week might send Dogecoin and Popcat to new highs. Even newer projects like Flockerz are attracting attention as traders search for the next explosive meme coin ahead of election...

Polymarket’s odds as an election indicator have been questioned in a new report despite its widespread citation in mainstream media. On Oct. 30, Fortune reported that analysts at two crypto research firms had found evidence of “rampant wash trading” on the blockchain betting platform. The findings come from separate investigations...

TL;DR Ethereum (ETH) has pumped by around 6% weekly, with analysts predicting potential moves past $4K. Bullish on-chain metrics and positive sentiment on platforms like Telegram support the thesis for an upcoming resurgence. Time for ETH to Shine? The cryptocurrency sector has been on a tear in the past several...

In an announcement on Oct. 29, international credit giant Visa unveiled the partnership enabling real-time money movement between traditional banking and crypto services using the Visa Direct network. “This partnership adds convenience and new services for Coinbase customers across the US and EU, including real-time, reliable, and secure money movement,”...

MicroStrategy (MSTR) announced on Wednesday that it plans to raise $42 billion over the next 3 years to purchase more BTC for its balance sheet, and improve “BTC yield” for its shareholders.  In its Q3 earnings release, the company said that the “21/21 Plan” would involve raising $21 billion through...

Bitcoin’s price is on the verge of creating a new all-time high following the significant rally in the past few days. However, the asset has faced some initial resistance and is yet to break above the March peak. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily...

The Royal Government of Bhutan has made a significant move by depositing 929 BTC into crypto exchange Binance. The activity was flagged shortly after BTC climbed above $70,000 for the first time since June 10. Bitcoin Transfer to Binance In its latest tweet, Lookonchain cited data from Arkham Intelligence, which...

Liquid restaking protocol Swell has announced that its Layer 2 is migrating to the Optimism Superchain. Swell said it would move away from the Polygon Chain Development Kit (CDK) as part of this strategic transition. Swell Layer 2 Transitions According to the official blog post, Swell is set to provide...

Crypto-focused venture capital firm DWF Labs has severed ties with a partner accused of inappropriate behavior during a company event in Hong Kong. The company took action after a woman identified as “Hana” reported that a partner in the firm allegedly attempted to spike her drink on October 24. The...

Florida Chief Financial Officer (CFO) Jimmy Patronis wants to include Bitcoin (BTC) in the state’s pension fund investments. To that end, he has sent a formal request to Chris Spencer, the Executive Director of Florida’s State Board of Administration, highlighting the need for a digital currency investment pilot program. CFO...