Uptober sees 11% Bitcoin price spike as traders ponder ‘nuclear’ rally
Bitcoin traders are feeling bullish about a potential “nuclear” rally amid rumors of over-the-counter exchanges “running short of Bitcoin.”
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$10M Mining Farm Fire Takes Blame as Bitcoin Hash Rate Wobbles
The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of mining rigs.A video of alleged Bitcoin miner fire emergesAccording to Marshall Long, one of the first active Bitcoin miners, mining company Innosilicon’s giant data center began burning on Monday. Details remain sparse, but a…

SEC sues Binance in US District Court for unregistered securities operations
According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States. The United States Securities and Exchange Commission (SEC) filed suit against Binance, its U.S. platform and Changpeng Zhao (CZ) in the District Court for the District of Columbia on June 5. 4.Our team is all standing by,…

BTC volatility hits record low, stablecoin transaction value tops Visa — ARK
Bitcoin’s price rallied by 122% in 2024, yet its annualized volatility reached the lowest level on record.

AP News publishes US presidential election results on the blockchain
Using blockchain-based technologies provides a secure and unhackable record of the state-by-state results as they come in. 2570 Total views 22 Total shares The Associated Press news agency has been publishing incoming results from the Nov. 3 United States presidential election onto the Ethereum and EOS blockchains.As noted on the developer webpage detailing how to access its…

As Bitcoin Halving Dust Settles, Network Awakens to Costly New Reality
Things haven’t quite been the same since the Bitcoin (BTC) halving. A substantial number of miners have pulled the plug on their equipment due to the halved reward. Consequently, transaction fees are now considerably higher, the hash rate has shed around 25%–40%, and new blocks are generated at remarkably low speed.So, what can be done…

Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis
Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity. 626 Total views 18 Total shares Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks NFTs, who used them as collateral to take out loans in Ether (ETH), have failed to repay their debts. The situation could lead up…

US authorities are investigating former FTX exec for potential campaign finance violations: Report
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States. Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States.According…

Fed calling for more stimulus is ‘code for buy Bitcoin,’ says Winklevoss
Jerome Powell says Congress should agree further fiscal stimulus as U.S. public debt tops $27.2 trillion. 1164 Total views 14 Total shares The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing.In a tweet on Nov. 6, Tyler Winklevoss, co-founder of exchange Gemini, said that Powell’s…