Cryptocurrency news

• Hester Peirce speaks out against LBRY enforcement action: 'The market could have decided'

  27-10-2023 23:41 via cointelegraph.com
  
  The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations.
  
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• Sam Bankman-Fried Throws Caroline Ellison Under Bus in Testimony

  27-10-2023 23:20
  
  The former crypto billionaire's lawyer focused on trying to spin prosecutors' narrative about FTX and Alameda Research's collapse in a way more favorable to SBF.
  
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• Bitcoin’s Stellar Surge: What’s Next? Expert Deciphers The Crypto Labyrinth

  27-10-2023 23:00 via newsbtc.com
  
  Gareth Soloway, an analyst and Chief Market Strategist at InTheMoneyStocks.com and President of VerifiedInvesting.com, has recently dived deep into the dynamics and offers a glimpse into Bitcoin and its future.
  Bitcoin’s rally, which boasts a 30% uptick in the past fortnight, has reignited the bullish sentiments within the crypto community. This performance has been linked to the anticipation surrounding the potential approval of a spot Bitcoin Exchange-traded fund (ETF). What happens once
  
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• Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada

  27-10-2023 22:40 via cointelegraph.com
  
  According to customer emails, the changes will go into effect starting Nov. 30.
  
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• LIVE: Sam Bankman-Fried Throws Caroline Ellison Under Bus in Testimony

  27-10-2023 22:34
  
  The former crypto billionaire's lawyer focused on trying to spin prosecutors' narrative about FTX and Alameda Research's collapse in a way more favorable to SBF.
  
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• Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B

  27-10-2023 22:29 via cointelegraph.com
  
  Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims.
  
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• This Bitcoin Metric Peaks Again: Will BTC Hit $60,000 As Before?

  27-10-2023 22:00 via newsbtc.com
  
  The price of Bitcoin stands firm around the critical area of $34,000, hinting at further bullish potential. However, market analysts wonder if enough clues point to the upside or if BTC will return to $20,000.
  As of this writing, BTC trades at $34,150 with sideways movement in the last 24 hours. The cryptocurrency recorded a 15% profit the previous week and remains a top coin performer by market cap.Bitcoin On-Chain Activity Rises Hinting At A Bull Run?
  Data from the analytics platform mempool.s
  
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• Price analysis 10/27: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC

  27-10-2023 21:55 via cointelegraph.com
  
  Bitcoin is taking a breather after this week’s strong rally, but select altcoins may be getting ready to breakout over the next few days.
  
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• 9 protocols criticize LayerZero’s wstETH token, claiming it’s ‘proprietary’

  27-10-2023 21:45 via cointelegraph.com
  
  Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer and Router issued a joint statement criticizing the new token.
  
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• 9 protocols criticize LayerZero’s 'wstETH' token, claiming it's 'proprietary'

  27-10-2023 21:45 via cointelegraph.com
  
  Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router issued a joint statement criticizing the new token.
  
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• Lawyer questions Sam Bankman-Fried on his political donations at trial

  27-10-2023 21:26 via cointelegraph.com
  
  The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto.
  
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• Introducing OTX: A Quantum Leap in the World of Cryptocurrency with the Fastest Blockchain - Yahoo Finance

  27-10-2023 21:20 via news.google.com
  Introducing OTX: A Quantum Leap in the World of Cryptocurrency with the Fastest Blockchain  Yahoo Finance
  
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• Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined

  27-10-2023 21:20 via cointelegraph.com
  
  Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply.
  
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• Litecoin Whales Are Back In The Game, Can Price Reach $100?

  27-10-2023 21:00 via newsbtc.com
  
  Litecoin (LTC) whales are making their way back into the market once more as the bull market establishes itself. A number of large transactions have been flagged which suggests that these millionaire accounts are coming out to play.
  Litecoin On-Chain And Whale Activity Hit 4-Month High
  The Litecoin on-chain and whale activity has been on the rise recently, as reported by the on-chain analytics platform Santiment. In the report posted to X (formerly Twitter), Santiment revealed that there had bee
  
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• Sam Bankman-Fried Started Buying Solana's SOL at 20 Cents Using 'Alameda Profits,' He Says at His Trial

  27-10-2023 20:43
  
  "I believed the funds came from Alameda’s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.
  
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• Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

  27-10-2023 20:41 via cointelegraph.com
  
  LINK price pulled off a shocking double-digit rally over the past week, but exactly what is behind the move?
  
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• Protocol Village: New DYdX Chain to Use DYDX for Staking, Pay Out Fees in USDC

  27-10-2023 20:01
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.
  
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• NEAR Token Lights Up: 22% Price Surge In Seven Days, Network Activity Skyrockets By 350%

  27-10-2023 20:00 via newsbtc.com
  
  NEAR Protocol, a Blockchain Operating System (BOS), demonstrated notable growth in the third quarter of 2023, defying the challenging conditions of the overall cryptocurrency market. 
  According to a recent report by Messari, key metrics for NEAR Protocol surged significantly over the past month, buoyed by recent price increases across the crypto market.
  Surge In Transactions Drives Revenue Growth For NEAR
  Per the report, despite a moderate downturn in the crypto market, with XRP and Graysca
  
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• Bitcoin's 14% Weekly Gain Signals 'End of an Era' as Big Tech Dumps, Analyst Says

  27-10-2023 19:54
  
  Bitcoin's advance this week coupled with gains across all digital asset sectors, highlighting the breadth of the crypto rally.
  
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• Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 14]

  27-10-2023 19:46 via cointelegraph.com
  
  The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
  
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• Blockchain congestion and transaction queues actually deter ‘nefarious actors’ — Study

  27-10-2023 19:40 via cointelegraph.com
  
  According to the study, a blockchain’s “fullness” is directly related to its security.
  
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• Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation

  27-10-2023 19:14 via cointelegraph.com
  
  Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE.
  
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• Bitcoin Braces For $50 Billion Influx Following ETF Launch, Bitwise CEO Says

  27-10-2023 19:00 via newsbtc.com
  
  Bitcoin (BTC) enthusiasts and investors have their eyes fixed on the potential launch of a spot Bitcoin exchange-traded fund (ETF), eagerly awaiting its impact on the cryptocurrency market. With predictions of substantial inflows, industry experts are delving into the potential ramifications of such a development, exploring its capacity to transform the landscape of digital assets. 
  Matt Hougan, the CEO of Bitwise, the world’s largest crypto index fund manager, shared his insights on
  
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• Sam Bankman-Fried denies defrauding FTX users at trial

  27-10-2023 18:24 via cointelegraph.com
  
  As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh.
  
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• Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC

  27-10-2023 18:20
  
  Cryptocurrency exchange Gemini has sued lending firm Genesis Global over 60 million GBTC shares that were pledged as collateral for Gemini's Earn users.
  
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• Shiba Inu Team Member Clarifies SHIB Burn As Shibarium Grows

  27-10-2023 18:00 via newsbtc.com
  
  A prominent Shiba Inu team member has come forward to shed light on the proper processes involved in burning the SHIB token. 
  Shiba Inu Burn Process Demystified
  In a brief X (formerly Twitter) post on Thursday, Lucie, a popular Shiba Inu marketer provided a detailed guideline on how SHIB users and investors should burn their SHIB tokens.Lucie stated that before sending the SHIB token into a dead wallet, users should bridge the SHIB token back to the Ethereum network first. 
  “To e
  
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• Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

  27-10-2023 17:51
  
  When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology.
  
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• Bitcoin Catches Market Cap of Elon Musk's Tesla Amid ETF-Fueled Rally, but Traders Cautious Ahead of Fed Meeting

  27-10-2023 17:39
  
  The Fed is widely expected to hold rates steady next week, but traders will be watching for signals about future policy moves.
  
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• Bitcoin beats S&P 500 in October as $40K BTC price predictions flow in

  27-10-2023 17:07 via cointelegraph.com
  
  Bitcoin has "plenty of fuel" to get it to $40,000, analysis argues, as BTC price stares down the weekly and monthly candle close.
  
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• Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg

  27-10-2023 17:07
  
  Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion.
  
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• XRP Price To Go Parabolic, Here’s When

  27-10-2023 17:00 via newsbtc.com
  
  On Wednesday, October 25, a prominent cryptocurrency analyst Dark Defender revealed that the price of XRP will go parabolic in the future, highlighting how it is going to happen and when it is expected to happen. 
  Crypto Analyst’s XRP Price Projection
  The XRP analyst recently took to X (formerly Twitter) to share his predictions and optimism on the XRP price going parabolic and how it is going to happen.
  In the Dark Defender X post, there are two crucial support levels and three resis
  
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• Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort

  27-10-2023 16:43 via cointelegraph.com
  
  Sixteen startups selected from over 1000 applications will present their projects to a global audience.
  
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• LIVE: Sam Bankman-Fried Tells Jurors: I Made 'Mistakes' at FTX, and 'a Lot of People Got Hurt'

  27-10-2023 16:33
  
  Sam Bankman-Fried is set to take the stand in his criminal fraud trial, where he'll share his story about the fall of FTX before a jury.
  
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• What’s the Deal With Sam Bankman-Fried’s ‘Advice of Counsel’ Defense

  27-10-2023 16:19
  
  And why is it causing so much controversy in court?
  
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• Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’

  27-10-2023 16:19 via cointelegraph.com
  
  The former FTX CEO returned to the witness to present his testimony to a jury of 12 people as the criminal trial begins to reach its final stages.
  
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• dYdX launches layer 1 blockchain, validators and stakers set to receive all fees

  27-10-2023 15:50 via cointelegraph.com
  
  dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators.
  
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• FLOKI Outmuscles Top 100 Cryptos With 134% Price Explosion – Details

  27-10-2023 15:40 via newsbtc.com
  
  FLOKI, in the dynamic and continually evolving world of cryptocurrency, stands as a noteworthy contender, demanding serious consideration within the distinctive and inherently speculative market of meme coins.
  FLOKI, a cryptocurrency that draws inspiration from Elon Musk and derives its name from his Shiba Inu companion Floki, has exhibited a notable surge in value, with a 26% price appreciation observed over the course of the past 24 hours.
  At the time of writing, FLOKI was trading at $0.000038
  
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• LIVE: Sam Bankman-Fried Set to Testify Before Jury in FTX Fraud Trial

  27-10-2023 15:39
  
  Sam Bankman-Fried is set to take the stand in his criminal fraud trial, where he'll share his story about the fall of FTX before a jury.
  
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• How major German firms like Mercedes and Lufthansa are using NFTs

  27-10-2023 15:07 via cointelegraph.com
  
  German brands embrace NFTs, exploring new ways to engage with customers and build brand loyalty.
  
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• From Hamas to North Korean Nukes, Cryptocurrency Tether Keeps ... - The Wall Street Journal

  27-10-2023 15:02 via news.google.com
  
  From Hamas to North Korean Nukes, Cryptocurrency Tether Keeps ...  The Wall Street Journal
  
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• Elon Musk’s X aims to revolutionize finance as a central hub

  27-10-2023 14:35 via cointelegraph.com
  
  Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank accounts.
  
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• Bitcoin Price Rally: Analyst Sets $45,000 Target And It’s Closer Than You Think

  27-10-2023 14:30 via newsbtc.com
  
  Bitcoin rallied above $35,000 on the back of the euphoria of the possible approval of a Spot Bitcoin ETF. Although the rally seems to have cooled off, a particular crypto analyst’s prediction suggests that the bulls could enjoy total dominance soon enough in what will see the flagship cryptocurrency rise to $45,000. 
  Bitcoin’s Incoming Phase Could See It Hit $45,000
  In a post shared on their X (formerly Twitter) platform, crypto analyst CryptoCon shared his prediction on Bitcoin
  
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• FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

  27-10-2023 14:19 via cointelegraph.com
  
  FLOKI's gains coincide with the launch of its tokenization platform, TokenFi, but is the rally sustainable?
  
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• Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern

  27-10-2023 14:04
  
  Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.
  
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• First Mover Americas: Bitcoin and Ether Options Activity Hits $20B

  27-10-2023 14:02
  
  The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
  
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• Crypto wallet Trezor looks into phishing campaign, exec says

  27-10-2023 13:42 via cointelegraph.com
  
  Trezor’s brand ambassador Josef Tetek emphasized that the hardware wallet firm never asks for users’ recovery seed, PIN or passphrase.
  
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• Hi's Mastercard Debit Card Adds Option to Spend Sandbox's Token SAND

  27-10-2023 13:39
  
  Cardholders of the hi Debit Mastercard, a partnership between crypto payments application hi and Mastercard, can now spend Metaverse platform Sandbox’s SAND token as a currency in eligible markets.
  
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• Chainlink (LINK) Rides Bullish Waves With 42% Gains In The Week, Is $15 Possible?

  27-10-2023 13:00 via newsbtc.com
  LINK recorded impressive gains in the past week, with an over 43% seven-day price increase. However, the token’s price has slightly retraced in the last 24 hours, likely due to buyers taking profit after an aggressive accumulation phase for LINK tokens. 
  Chainlink’s notable uptick could be due to the ongoing bullish waves in the broader crypto market. Bitcoin, the flagship cryptocurrency, recorded a significant uptick, surging to nearly $35,000, the highest in over a year. 
  
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• Crypto Assets Under Management Jump to $31.7B; SOL-Based Products Rise 74%: CCData

  27-10-2023 12:52
  
  Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund.
  
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• Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute

  27-10-2023 12:26
  
  A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn't in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled.
  
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