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TheNewsCrypto
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Image Credit: TheNewsCrypto
Vitalik Buterin Slams Micheal Saylor on His Bitcoin Custody Views
- Vitalik Buterin expressed concerns over Micheal Saylor's comment on Bitcoin custody.
- Saylor suggested relying on financial custody firms instead of hardware wallets for Bitcoin holders.
- Buterin criticized Saylor's regulatory approach and stated the potential failure of his strategy.
- Saylor proposed utilizing big banks as custodians for Bitcoin and downplayed self-custody.
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22 Likes
Bitcoinist
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52
Image Credit: Bitcoinist
Tesla Did Not Sell Its 11,509 Bitcoin, On-Chain Data Reveals
- On-chain data indicates that Tesla Inc. has retained its entire Bitcoin holdings, dispelling recent speculation about a potential sale.
- Blockchain analytics firm Arkham Intelligence clarified that Tesla moved its Bitcoin holdings to new wallets, suggesting strategic repositioning rather than liquidation.
- The Bitcoin holdings were redistributed across seven wallets, with the majority of them holding round numbers of BTC.
- Speculation suggests that Tesla may have transferred its BTC to a custodian to secure a loan, leveraging crypto assets for liquidity without selling them outright.
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Coinjournal
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158
Image Credit: Coinjournal
Peter Todd forced underground after HBO documentary names him Bitcoin’s creator
- Peter Todd, a Bitcoin core developer, has gone into hiding over fears for his safety after an HBO documentary named him Bitcoin’s creator, Satoshi Nakamoto.
- Todd denies being Satoshi Nakamoto and claims that the documentary misunderstood his statement.
- He has received harassment and threats after being falsely claimed to be extraordinarily wealthy.
- The director of the documentary, Cullen Hoback, believes Todd is blowing things out of proportion.
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9 Likes
Altcoinbuzz
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259
Seedworld IDO Is on the Horizon, as Part of the IDO Comeback
- IDO's are making a comeback in the market, with some offering promising returns if done right.
- Kima Network ($KIMA) is a DeFi based project that aims to give users the freedom to send and receive money in any currency across Web2 or token across Web3. Their IDO will take place on ChainGPT.
- Solstorm ($STORM) is a Solana project that offers a meme OTC marketplace for memecoin traders to trade with each other. Their IDO is expected to be refundable and payable in USDT on Solana, hosted by Seedify.
- Seedworld ($SWORLD) is a user-generated gaming platform that combines content and gaming in a unique way, with an IDO expected to be hosted by Seedify.
- $KIMA, $STORM and $SWORLD tokens are expected to be listed soon after their respective IDOs.
- Good project, good narrative, decent tokenomics, and good timing are some components that can make an IDO successful.
- Kima Network has partnered with Mastercard and uses TEE or Trusted Execution Environments to ensure transactional privacy.
- Solstorm aims to solve the problem of launching DeFi protocols with their automated SOL-only launchpad, staking, and meme OTC marketplace.
- Seedworld offers in-game currency called $AME and $SWORLD token, with $SWORLD token expected to have a massive token sink launch strategy.
- Disclaimer: This information is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance. Altcoin Buzz is not responsible for any losses users may incur as a result of any investments related to the information provided.
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Coinpedia
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237
Image Credit: Coinpedia
Market Volatility May Intensify in Next 48 Hours-Here’s What to Expect from the Bitcoin Price Rally This Weekend
- Bitcoin price fails to breach $70,000 and falls back as traders turn bearish.
- Volatility of Bitcoin expected to increase in the next couple of days.
- BTC price holding above the 50-day EMA but showing signs of consolidation.
- Price needs to break above resistance to invalidate rejection possibility.
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14 Likes
Newsbtc
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35
Image Credit: Newsbtc
Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome
- Options traders are optimistic about Bitcoin reaching $80,000 by the end of November, regardless of the US election outcome.
- Implied volatility for Bitcoin options remains elevated, with more traders favoring call options.
- Traders consider political and non-political factors, including potential rate cuts and inflation concerns.
- Open interest data shows heavy concentration of call contracts around $80,000 and $70,000.
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2 Likes
TronWeekly
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114
Image Credit: TronWeekly
Top Crypto Social Media Trends: McDonald’s Memecoins, Apecoin Surge & Bitcoin
- The top trending topics in crypto social media include memes about Donald Trump's visit to McDonald's and speculation about memecoins.
- Apecoin has experienced a 63% price increase, coinciding with the launch of ApeChain, generating bullish sentiment among traders.
- Bitcoin is nearing its all-time high, with discussions focused on whether it will break above $70,000.
- The crypto community's conversations on social media platforms provide insights into market trends and sentiments.
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6 Likes
Cryptonews
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Image Credit: Cryptonews
Gary Gensler Gives Bitcoin a ‘Sweet Sixteen’ Shout-Out for White Paper Anniversary
- Gary Gensler, the SEC Chair, wishes Bitcoin a happy sweet sixteen for its white paper anniversary.
- Despite the sentiment, Gensler supports the SEC's regulation by enforcement approach.
- Gensler's tenure has been characterized by lawsuits, stifled innovation, and a lack of regulatory clarity.
- Some speculate that Gensler's recent shout-out to Bitcoin indicates a hidden interest in the cryptocurrency.
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4 Likes
Crypto-News-Flash
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220
Image Credit: Crypto-News-Flash
UAE’s Pro-Crypto Stance Grows Stronger with New DAO Legal Framework
- The UAE has introduced the DAO Association Regime (DARe), a new legal framework that enhances credibility for decentralized autonomous organizations (DAOs).
- The DARe framework offers a tailored approach for different stages of DAOs, supporting both startups and more mature organizations.
- The UAE's crypto-friendly stance and favorable regulations position it as a global leader in blockchain and crypto innovation.
- The introduction of DARe strengthens the UAE's role as a hub for the blockchain and digital assets ecosystem.
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13 Likes
Changelly
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334
Image Credit: Changelly
How To Find Lost Bitcoins: The Ultimate Guide
- Losing access to your crypto wallet could mean losing your Bitcoin forever. About 20% of the existing 18.5 million Bitcoins are currently considered lost or irrevocably lost. Bitcoin Wallet is a piece of software installed on your computer that stores your private key and public key. You can find your lost Bitcoin wallet using your computer, hard drive, external drives, USB sticks, CDs/DVDs and others. You should keep your seed phrase safe and secure as it is the only way to recover your money if you lose your wallet or forget your password. Chainalysis has reported that roughly 17.6% of all Bitcoins are considered lost.
- Some popular tools to recover a lost Bitcoin wallet include Recuva, Puran File Recovery, and TestDisk. These tools are used for data recovery and help recover lost wallet files. If you've lost your wallet and can't remember anything, you can still find out if you have any Bitcoins left by using the Blockchain.com service. Some legitimate businesses specialize in crypto asset recovery, but you should exercise caution to avoid scams.
- Lost Bitcoins technically remain part of the total supply but become inaccessible and this is not guaranteed to succeed. Protecting your wallet involves tips such as never giving your user password, private key, and seed phrase to anyone, using a password manager, Two Factor Authentication, and weekly backups.
- To find a lost Bitcoin address, you can check old records, email accounts, or devices where you may have stored the address. If the address was used with a particular wallet, you might be able to recover it through the password recovery process or by accessing old backups.
- The cryptocurrency market is highly volatile, and any investor, trader, or crypto user should research multiple viewpoints before committing to an investment. You should note that the contents of this article are the author’s opinion and should not be considered as offering trading or investing recommendations.
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20 Likes
Newsbtc
3w
339
Image Credit: Newsbtc
Cardano’s Pullback Short-Lived, Fresh Rally Underway For ADA?
- Cardano (ADA) has made a strong comeback, reversing the recent pullback and driving a fresh rally.
- Bulls are aiming to push ADA towards the $0.4233 resistance level and potentially higher targets.
- Positive momentum is building, with ADA showing signs of further upside movement.
- Key support level to watch is $0.3389, while breaking resistance at $0.4233 could indicate a stronger uptrend.
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20 Likes
Newsbtc
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422
Image Credit: Newsbtc
Dogecoin Rockets 30% In A Week, Sparking Hype For Uptober Rally
- Dogecoin has experienced a 30% increase in a week, reaching $0.141556.
- Market analysts believe it is a good time to invest in DOGE, with several technical indicators turning positive.
- Experts predict Dogecoin could potentially exceed $1 and highlight bullish signals in its price chart.
- Elon Musk's influence and political involvement may contribute to the increase in DOGE's value.
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25 Likes
Medium
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118
Image Credit: Medium
Navigating the Future: How AI, Machine Learning, and Stablecoins are Shaping the New Era of…
- There is confusion in the market regarding AI, machine learning, and cryptocurrency.
- Bitcoin may not be the first choice for transactions in the future.
- Stablecoins like Chainlink, Avax, Solana, etc. are more appealing for futuristic commerce.
- Integration of automation, AI, machine learning, and cryptocurrency is complex and evolving.
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7 Likes
Nigeriabitcoincummunity
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370
Toncoin Bounces Back Following Durov’s Release
- Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, recently jumped back over 9% following the release of Telegram CEO Pavel Durov from French custody.
- Toncoin’s price surged from $5.30 to $5.80 TON-USDT on Gate.io, marking an increase within just 20 minutes.
- The TON blockchain has been facing significant technical difficulties that have raised concerns among users and investors.
- On August 27, the TON network experienced a critical outage for approximately seven hours, and it soon faced another disruption later that day.
- The TON blockchain team attributed these outages to an overwhelming influx of transactions related to the newly launched DOGS meme coin.
- Pavel Durov, the co-founder and CEO of Telegram, found himself embroiled in legal troubles in France, which sent shockwaves through the tech and cryptocurrency communities.
- Following his arrest, Durov was held in custody for four days before being released on August 28 under stringent conditions.
- French authorities have also issued an arrest warrant for Nikolai Durov, Pavel’s brother and the co-founder of Telegram, as part of the same investigation.
- While the temporary surge in Toncoin’s price reflects a degree of market confidence in the aftermath of Pavel Durov’s release, the ongoing technical challenges faced by the TON blockchain suggest that there are deeper issues that need addressing.
- For the TON blockchain to maintain its credibility and for Toncoin to sustain its value, the network’s developers must address the root causes of these outages and ensure the platform’s stability moving forward.
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22 Likes
Bitcoinist
3w
299
Image Credit: Bitcoinist
India Cracks Down On Crypto: Regulators Favor CBDC In Push Vs. Bitcoin & Co.
- India is moving towards a total prohibition of private cryptocurrencies and favoring Central Bank Digital Currencies (CBDCs).
- Regulators believe that CBDCs provide the benefits of private cryptocurrencies without the potential for instability or misuse.
- The Reserve Bank of India (RBI) supports CBDCs as a safer alternative that can still achieve financial inclusion goals.
- India's digital rupee initiative, e₹, has gained momentum and aims to revolutionize digital finance and enhance cross-border transactions.
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