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Blockonomi
3w
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Image Credit: Blockonomi
“The Never Sellers” Bitcoin Accumulation Addresses Surge to 2.9M BTC as Price Tops $69K
- Bitcoin accumulation addresses, which have never sold any BTC, now hold around 2.9 million BTC, according to a CryptoQuant analyst.
- The total amount of BTC held in these addresses has increased by almost 50% year-to-date.
- This trend of long-term accumulation has gained momentum in recent years, especially during price appreciation periods.
- If this trend continues, the total value of Bitcoin holdings in accumulation addresses could exceed 3 million BTC by the end of the year.
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Bitcoinchaser
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Image Credit: Bitcoinchaser
100% Extra Winnings on Pro Kabaddi League at BC.Game
- BC.Game is offering 100% extra winnings on Pro Kabaddi League.
- Place bets on Pro Kabaddi League 1X2 markets and if your team wins by 25 runs or more, you'll get 100% extra Freebet.
- Promotion is valid from October 18, 2024, to December 15, 2024.
- Maximum Freebet of $100 per match, with one Freebet allowed per player.
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Altcoinbuzz
3w
39
NFL Rivals Launches ‘Monster Smash 2’ Featuring Adrian Peterson
- NFL Rivals launches 'Monster Smash 2' featuring Adrian Peterson.
- The event is a four-week Halloween event where players compete in challenges and unlock rewards.
- Adrian Peterson's editions are available through a free giveaway, Battle Pass reward, and top prizes.
- Players can earn candy, the in-game currency, to unlock Halloween-themed players and complete Adrian Peterson challenges.
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Bitcoinsensus
3w
8
Image Credit: Bitcoinsensus
Japan Proposes Crypto Tax Cut from 55% to 20%
- Japan's ruling DPP proposes reducing crypto taxes from 55% to 20% to stimulate investments.
- The proposal includes tax exemptions for crypto-to-crypto trades and introducing cryptocurrency ETFs.
- Tamaki of Japan's ruling DPP seeks to cut taxes on crypto gains from 55% to 20%.
- The reform plan aims to boost Japan's competitiveness in the crypto space with increased leverage for traders.
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Bitcoinist
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352
Image Credit: Bitcoinist
Bitcoin Key Indicator Turns Bullish As Spot ETFs Record $2.1 Billion Weekly Inflow: New ATH Imminent?
- Bitcoin's moving average convergence divergence (MACD) histogram has turned positive on the weekly chart, indicating potential upward momentum and a new all-time high (ATH) price in sight.
- The positive MACD aligns with other positive macroeconomic developments, including interest rate cuts by the US Federal Reserve, which could further boost Bitcoin's rally in Q4 2024.
- US-based spot Bitcoin exchange-traded funds (ETFs) recorded over $2.1 billion in net inflows for the week, the highest since March 2024 when Bitcoin reached its ATH.
- While institutional investors show interest in Bitcoin ETFs, retail participants remain reluctant due to perceived volatility. Bitcoin currently trades at $68,048.
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Coinpedia
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330
Image Credit: Coinpedia
V3V Ventures is Getting Ready For The Future Telegram Usernames Popularity
- V3V Ventures, a Singapore-based fund, is investing in good-looking Telegram usernames, including crypto-related ones like @ether and @cryp.
- The audience of Telegram and the TON blockchain is growing, making the usernames potentially more valuable over time.
- V3V Ventures recognized the asset's potential value and acquired a list of usernames, using them to create topical Telegram public channels and attracting over 5 million subscribers.
- Telegram's userbase is approaching 1 billion monthly active users, and the growing audience creates more demand for usernames.
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Altcoinbuzz
3w
344
Vitalik Buterin Continues on Ethereum’s Future: The Scourge
- Ethereum creator Vitalik Buterin is pushing ahead with the platform’s roadmap, which involves six steps. The latest stage, known as The Scourge, aims to improve Ethereum’s decentralisation, while offering greater censorship resistance and reducing maximal extractable value (MEV) risks to the protocol. Buterin has offered several strategies to achieve these aims, such as a decentralised block building marketplace, encrypted mempools, and the introduction of a cap to staking penalties.
- The Scourge is the third of Ethereum’s roadmap stages that Buterin has discussed in detail. The first, The Merge, was a switch from proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanisms. The second, The Surge, aims to boost Ethereum’s capacity and scalability.
- The Scourge will focus on addressing three particular challenges faced by Ethereum: decentralisation, MEV risks and censorship resistance. The final aim involves developing new methods to reduce censorship by decentralising block production.
- One key strategy is to improve the process of block construction, which is currently based on standard validators auctioning off the task to builders who compete to maximise MEV. Rather than separating builders and validators, the two roles could be separated so that validators still propose blocks, but receive payload from builders.
- Encrypted mempools also offer a way to deploy proposed solutions like APS and BRAID versions. In this scenario, transactions can be broadcast in an encrypted format, meaning the block builder does not know the transaction content and has fewer opportunities for MEV manipulation.
- The challenge is to implement a design that reveals block content later, with two key options being threshold decryption and delay encryption, which uses verifiable delay functions (VDFs).
- However, Buterin has also warned that staking poses its own set of challenges for Ethereum. While the current supply of 34 million staked ETH protects the network from 51% attacks, if almost all ETH were to become staked, this could lead to centralisation and loss of credibility for the slashing mechanism. The issue could be tackled by two-tiered staking, reducing issuance or capping staking penalties.
- There are also application-layer solutions that could reduce risks, such as the adoption of specialised staking hardware, squad staking and application-layer MEV minimisation.
- To summarise Vitalik Buterin’s Scourge phase three of roadmap for Ethereum, it aims to reduce decentralization, MEV risks for the protocol and censorship resistance. Strategies to achieve this aim include a decentralised block building marketplace and encrypted mempools.
- Other methods being explored to reduce staking’s impact on Ethereum include two-tiered staking, reduced issuance and capping staking penalties. Meanwhile, application-layer solutions being promoted to reduce ETH-associated risks include specialised staking hardware, squad staking, air drops, and MEV minimisation.
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Altcoinbuzz
3w
242
Chainlink Introduces Private Blockchain Transactions for Banks
- Chainlink introduces privacy-preserving technology for banks.
- ANZ Bank from Australia and New Zealand will be one of the first institutions to test the new privacy features.
- Chainlink's privacy features include the Blockchain Privacy Manager and CCIP Private Transactions.
- These features allow banks to connect private blockchains with the public Chainlink Platform while encrypting sensitive information.
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TechBullion
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Image Credit: TechBullion
Best Cryptocurrency Presales to Watch now in 2024
- ApeMax introduces an innovative "Boost-to-Earn" mechanism for meme coin enthusiasts.
- Bitkoin offers a unique opportunity for digital finance enthusiasts with daily dividends in Bitcoin (BTC).
- Meme Kombat combines gaming and meme culture for a unique crypto gaming experience.
- Various other projects like Scotty the AI, Sponge V2, eTukTuk, Poodl Inu, and Cerra offer innovative features and investment opportunities in the crypto space.
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Altcoinbuzz
3w
216
Avalanche Launches New Visa Card
- Avalanche has launched a new Visa card that allows users to make purchases with WAVAX, USDC, and sAVAX.
- The card provides instant access to crypto assets and comes with a self-custody wallet and unique addresses for each asset.
- Users can set up spend alerts, freeze the card if lost, and change their PIN for added security.
- The Avalanche Card is initially available to residents of countries in Latin America and the Caribbean.
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Bitcoinsensus
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52
Image Credit: Bitcoinsensus
Argentina’s CNV Proposes New Crypto Rules Following Local Scams
- Argentina's securities commission, CNV, has issued new regulations for crypto exchanges in the country.
- The regulations require a minimum net worth of $170 million for large companies operating in cryptocurrency transfers and custody of digital assets.
- The move aims to protect investors and foster growth in the crypto industry while allowing for public feedback before finalization.
- These regulations come after major crypto scams, such as RainbowEx and Knight Consortium, affected thousands of families in Argentina.
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Altcoinbuzz
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Fed’s Kashkari: Most Crypto Transactions Linked to Crime
- Federal Reserve's Kashkari recently stated that most crypto transactions are linked to crime.
- Kashkari's remarks imply that he believes the majority of cryptocurrency transactions are associated with illegal activities.
- However, it is important to note that cryptocurrencies are used for many legitimate purposes, including buying goods and services and investing in projects.
- Kashkari calls for better regulations to ensure the safe and legal use of cryptocurrencies.
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Bitcoinchaser
3w
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Image Credit: Bitcoinchaser
Get Spooky with Hacksaw Horror Story at Sportsbet.io!
- Sportsbet.io offers the Hacksaw Horror Story slot collection for Halloween.
- The collection includes 13 eerie titles with haunting themes and exciting gameplay.
- Players can try the games in demo mode before playing with real money.
- Sportsbet.io supports easy crypto deposits and offers a secure transaction experience.
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Altcoinbuzz
3w
344
Ripple Co-Founder Donates $10M to Kamala Harris Campaign
- Chris Larsen, the co-founder and executive chairman of Ripple, has donated $10 million in XRP to Kamala Harris' campaign for the 2024 presidential elections.
- Larsen believes that Harris is the right candidate to lead the charge for tech innovation, particularly in the crypto industry.
- The donation will provide Harris with additional resources to fund her campaign and reach more voters.
- Larsen's contribution highlights the tech industry's interest in the next president's approach to crypto innovation and regulation.
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Blockonomi
3w
123
Image Credit: Blockonomi
Bitcoin (BTC) Price Pulls Back from $70,000 Milestone as Market Sees $200M in Liquidations
- Bitcoin failed to hit $70,000, dropping below $67,000 with $123M in long positions liquidated
- ETF investments remain strong with over $2.2B in inflows last week
- Markets show correlation with traditional stocks, 40-day correlation above 80%
- Derivatives markets remain stable despite price decline
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