Wed, October 7

John Deaton and Elizabeth Warren Clash in Senate Over Crypto Regulations

John Deaton and Elizabeth Warren engaged in a Senate debate on cryptocurrency regulations, showing clear differences in their views. Deaton, a crypto advocate, argued for a balanced approach. He warned that over-regulation could stop innovation in the sector. He pointed to Bitcoin and XRP as examples of crypto’s ability to

October 16, 2024 3 mins read

Metaplanet Rolls Up Bitcoin Put Options Netting 5.90 BTC in Profit

Japanese investment firm Metaplanet has increased its Bitcoin put options, adjusting the strike price to $66K from $62K. The maturity date is set for December 27, 2024. Simon Gerovich, CEO of Metaplanet, announced that this move is expected to boost Metaplanet’s option sale yield and generate an additional premium income

October 16, 2024 2 mins read

Trump Leads Harris in Betting Odds for 2024 Presidential Election

Former U.S. President Donald Trump has surged ahead in betting odds for the upcoming presidential election, holding a 16% lead over Democratic candidate Kamala Harris on the decentralized prediction market platform, Polymarket. As of Tuesday night, Trump’s odds of winning stood at 57.9%, while Harris’ chances were at 41.8%. This

October 16, 2024 2 mins read

Coinbase Files for Summary Judgment Against SEC Over Three-Year Delay

The leading crypto exchangeCoinbase is taking a bold step against the U.S. Securities and Exchange Commission (SEC) by filing for partial summary judgment in an ongoing legal battle. This move follows the SEC’s denial of Coinbase’s requests for information regarding its cryptocurrency classification, particularly concerning whether assets like Ethereum (ETH)

October 16, 2024 1 min read

NiceHash Launches First Exclusive Firmware for Kaspa Miners, Boosting ASIC Performance

Bitcoin hashing power marketplace NiceHash recently announced the release of the first firmware created exclusively for Kaspa network mining. Up to 20% more ASIC performance may be achieved with its specialized Kaspa software. Kaspa’s low energy usage, strong decentralization, and enormous scalability are all intended to promote fair mining. The

October 16, 2024 2 mins read

Grayscale and Canary Capital Spark New Crypto ETF Wave

The race to bring more cryptocurrency-based exchange-traded funds (ETFs) to the U.S. market continues to heat up as Grayscale Investments and Canary Capital make bold moves. Grayscale, the world’s largest crypto asset manager, has filed to convert its Digital Large Cap Fund, which includes Bitcoin, Ethereum, Solana, XRP, and Avalanche,

October 16, 2024 2 mins read

Elon Musk’s Tesla Transfers Bitcoin Holdings Worth 765M Dollars

Elon Musk’s Tesla has made its first significant Bitcoin move in over two years, transferring around 11,500 BTC valued at approximately $765 million. The transaction, revealed by Arkham Intelligence, occurred on October 16, 2024, in multiple batches.  It has stirred considerable interest in the cryptocurrency world. These Bitcoin transfers were

October 16, 2024 2 mins read

BlackRock CEO Larry Fink Embraces Bitcoin as Core Asset

BlackRock CEO Larry Fink, during the Q3 2024 earnings call, described Bitcoin as a “core asset class,” signalling a major shift in the perception of cryptocurrencies by one of the largest asset managers in the world.  Bloomberg ETF analyst Eric Balchunas shared Fink’s full quote from the earnings call, where

October 15, 2024 2 mins read

Dogelon Whale Offloads 83T ELON From Vitalik’s 2021 Donation on Uniswap

The crypto market’s prolonged battle to break the bearish pressure continues, with certain signs of recovery from recent downturns. It drove the overall market cap to $2.29 trillion, spiked over 2.20% in the past 24 hours. The leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have gained over 2%.  Amid this,

October 15, 2024 2 mins read

USDT Issuer Tether Eyes Commodities Traders with US Dollar Lending

In its pursuit of methods to use its substantial earnings, Tether Holdings Ltd., the corporation responsible for the USDT stablecoin, is contemplating financing to commodities traders. The corporation has reportedly approached many commodities businesses about US-dollar lending, according to sources familiar with the situation. A market that has relied on

October 15, 2024 2 mins read