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Bitcoin
Biggest Movers: MATIC Moves to Highest Point Since August
Polygon surged to its strongest level since the end of August, as the token extended recent gains. The rally comes despite cryptocurrencies mostly consolidating on Wednesday, following recent declines. XRP was another notable gainer today.…
‘Verified Satoshi’ Handle on X Triggers Debate Among Bitcoin Circles, Elon Musk Called to Act
On the social media platform X (formally Twitter), an account created in 2018 is causing a lot of uproar as the account is called “@satoshi,” and has a verified check mark confirming its identity. A few bitcoin influencers have called on…
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From Key Price Floor on Wednesday
Bitcoin marginally rebounded on Wednesday, after the cryptocurrency collided with a key support point in yesterday’s session. Markets have consolidated Tuesday’s losses, with the global crypto market cap up 0.7% as of writing…
Crypto Exchange Bybit Launches Derivatives Products in South Africa
Bybit announced on Oct. 2 that it will be offering its crypto derivatives products in South Africa through Money Doc which acts as the crypto exchange’s “juristic representative.” The crypto exchange said its on-ramp…
Argentine Economy Minister Sergio Massa Proposes National Digital Currency
Sergio Massa, Argentine economy minister and presidential candidate, has announced that, if elected, his new government plan would include launching a national digital currency that local media has called the “crypto peso.”…
Ripple Gains a Victory as Judge Torres Rejects SEC’s Interlocutory Appeal
U.S. District Judge Analisa Torres rejected the Securities and Exchange Commission’s interlocutory appeal in the regulator’s lawsuit against Ripple, noting the SEC failed to explain why her prior decision was faulty. Torres…
Tesla CEO Elon Musk Calls Fiat Currency a Scam
Tesla and Spacex CEO Elon Musk believes that fiat currency is a scam that is so normalized that we don’t even realize that it’s a scam. Many people share a similar view, including Rich Dad Poor Dad author Robert Kiyosaki, who…
Bankman-Fried’s Legal Team Cries Foul Over Ukrainian Customer Testimony
Attorneys for Sam Bankman-Fried have written a letter to the judge, requesting the court block a government witness, a Ukrainian customer who “lost a substantial portion” of his life savings due to the FTX collapse.…
Uptober Begins: Bitcoin’s Rally Sparks $40K Hopes; Yet $20K Threat Lingers
The price of bitcoin (BTC) has risen 6% over the previous 30 days, pushed higher by factors such as its finite availability and growing investor confidence, according to this week’s Bitfinex Alpha report. Moreover, on October 1, a…
Bitcoin Miners Brace for Increased Challenge as Network Difficulty Hits New High of 57.32 Trillion
On October 3, 2023, at block height 810,432, the Bitcoin network experienced its second consecutive difficulty increase since September 19. The challenge of uncovering block rewards escalated as the difficulty reached a new pinnacle, rising…