Bitcoin’s positive price movements took it to a new multi-month peak of almost $68,500 yesterday, but the asset lost some traction and now sits above $67,000. The altcoins are also quite sluggish today, with XRP gaining 2.5%, while two meme coins have risen the most. BTC’s Way Up It’s safe...
U2U Network Introduces First DePIN Subnet Node Sale for Decentralized Infrastructure Growth
[PRESS RELEASE – HO CHI MINH, Vietnam, October 15th, 2024] U2U Network, a Layer-1 blockchain pioneer in decentralized infrastructure backed by top investors like KuCoin Ventures, Chain Capital, and IDG Blockchain, is excited to announce the launch of its first-ever DePIN Node Sale. This sale provides an opportunity for participants...
Important Ripple v. SEC Lawsuit Updates, Bitcoin (BTC) Price Rally, and More: Bits Recap Oct 17
TL;DR Ripple and SEC are entering a new phase in their lawsuit, with filings and appeals extending the case. Bitcoin briefly surged past $68,000, fueling optimism about a potential bull run with some analysts predicting new all-time highs. Dogecoin soared to almost $0.13, attracting attention with some bold but unlikely...
‘Quality of FUD Falling Off a Cliff:’ Ethereum Community Fights Misinformation
Ethereum advocates are fighting back against a wave of misinformation and FUD targeting the ecosystem. The attacks come as ETH has underperformed rival layer-1 blockchain tokens, sparking more crypto tribalism. On Oct. 17, independent Ethereum educator and angel investor Anthony Sassano lashed out at Multicoin Capital co-founder Kyle Samani for posting...
Bitcoin Devours Altcoins Hitting 59% Dominance as Whale Activity Surges
On Oct. 17, om-chain analytics platform Santiment reported that Bitcoin whale transactions have spiked to their highest level in over ten weeks. There were 11,697 transfers worth more than $100,000 on Oct. 15 and the 16th was also shaping up to be a high day for whale activity. The platform...
High-Risk Crypto Loans Surge to Highest Level in 2 Years, What Does This Mean?
High-risk cryptocurrency loans are rising again, and according to insights from analysts, the growth cannot be considered a positive occurrence for the digital asset space. Data from the market analytics platform IntoTheBlock shows that high-risk loans have surged to the $5 million region, a level last seen during the crash...
Here’s Why Shiba Inu’s Conference ShibaCon Got Postponed (Details)
TL;DR Shiba Inu’s ShibaCon, originally scheduled for November 9, has been postponed. Ticket holders will receive refunds and free VIP tickets for the rescheduled event. Despite that, SHIB’s price has surged substantially as of late, with its market cap reaching $11 billion. Approximately 53% of all investors are currently in...
Here’s Why Shiba Inu’s Conference ShibaCon Got Postponed (Details)
TL;DR Shiba Inu’s ShibaCon, originally scheduled for November 9, has been postponed. Ticket holders will receive refunds and free VIP tickets for the rescheduled event. Despite that, SHIB’s price has surged substantially as of late, with its market cap reaching $11 billion. Approximately 53% of all investors are currently in...
Crypto VC Giant a16z Founders Donate $5M to Trump Super PAC
According to filings with the United States Federal Election Commission, Marc Andreessen and Ben Horowitz each donated $2.5 million to a pro-Trump super PAC called Right For America. Their support for Trump is based on his policies being seen as beneficial to the crypto industry and startups, which they call...
Crypto VC Giant a16z Founders Donate $5M to Trump Super PAC
According to filings with the United States Federal Election Commission, Marc Andreessen and Ben Horowitz each donated $2.5 million to a pro-Trump super PAC called Right For America. Their support for Trump is based on his policies being seen as beneficial to the crypto industry and startups, which they call...
