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Bitcoin News

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Bitcoinist

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Bitcoin’s Perpetual Market Sees Slight Rebound As Market Sentiment Improves

  • The Bitcoin perpetual market has experienced a slight rebound as market sentiment improves.
  • Recent on-chain data shows an improvement in the Bitcoin Perpetual Market Directional Premium metric, indicating positive advancements.
  • The cumulative monthly premium for long-side contracts has slightly recovered, reflecting expanding investors' interest.
  • Bitcoin has maintained a positive trend with growing confidence in its short and long-term potential.

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Bitcoinsensus

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FED warns Bitcoin may disrupt fiscal policy balance

  • The Federal Reserve Bank of Minneapolis warns that Bitcoin may hinder governments' ability to manage fiscal deficits.
  • Bitcoin creates a 'fiscal balance trap', complicating debt management for governments.
  • Taxation or restrictions on Bitcoin may be considered to protect fiscal stability.
  • According to the report, extreme measures may be required to avoid further deficits caused by Bitcoin.

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Crypto-News-Flash

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3 Key US Economic Events to Watch That Could Shake Crypto Markets

  • The US economic data calendar this week could impact the crypto market positively.
  • The overall crypto market cap has increased by 8% in the last 24 hours.
  • Three important economic events in the US could fuel further growth.
  • These events include the US Manufacturing PMI, US Unemployment Claim, and US Services PMI.

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Bitcoinchaser

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Spooky Halloween Drop: Dive into Betpanda.io’s Cash Prize Event!

  • Betpanda.io and Wazdan (VoltEnt) are hosting the 'Spooky Halloween Drop' with €2,000,000 in cash prizes.
  • Every spin on qualifying Wazdan games can trigger a random prize drop.
  • The campaign runs from October 18th to November 10th, 2024.
  • There is no minimum bet required, and prizes are automatically credited to the player's wallet.

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Altcoinbuzz

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“Elvis Side $Btc”: Ordinals Bring Elvis to Bitcoin

  • Elvis Side $Btc is a collection of 1,935 generative images featuring Elvis Presley, permanently inscribed on Bitcoin's blockchain as unique satoshis.
  • The revenue from selling the collection will establish the 'Elvis Legacy Council' DAO to preserve Elvis's memory and promote his influence in music and culture.
  • Using the Ordinals protocol, data is inscribed onto each satoshi, creating a unique digital fingerprint for each piece of art, allowing collectors to buy, sell, and trade these digital images.
  • This innovation opens opportunities for artists to explore the crypto world, providing new ways to showcase their work and giving collectors pieces with real value in the digital world.

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Crypto-News-Flash

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Bitcoin Dominance Surges Past 65%: Is a Bull Run Coming?

  • Bitcoin dominance surpassing 65% suggests increased investor confidence and potential for a Q4 2024 bull run.
  • Rising dominance often signals a shift from altcoins to Bitcoin, hinting at possible market movements in the near future.
  • Historically, similar dominance levels have led to significant price swings in Bitcoin, strengthening expectations of a continuous bull run.
  • Bitcoin's recent surge, resistance breakthroughs, and positive technical indicators support the optimism for price momentum in the short term.

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Bitcoinchaser

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The Best Dota 2 Crypto Betting Sites (2024)

  • Dota 2 sportsbooks have become highly popular with online betting fans, and many now accept cryptocurrency for added security and convenience.
  • In this article, we will explore the top Dota 2 crypto betting sites providing users with a flexible and secure esports betting experience.
  • The top platforms to bet on Dota 2 using crypto are Thunderpick, TrustDice, Bitsler, Cloudbet, and BC.Game.
  • These sites offer a range of features, including live betting, blockchain-verified betting, and over 20 crypto payment methods.
  • Dota 2 betting markets include Match Winner, Correct Map Score, Totals (Over/Under), Handicap Betting, and First Blood.
  • Tournaments to bet on in Dota 2 include The International, Dota Pro Circuit (DPC), ESL One, DreamLeague, and Esports World Cup (Riyadh Masters).
  • To maximize success when betting on Dota 2, players should research teams and players, watch the meta, explore different betting lines, bet responsibly, and use live betting to their advantage.
  • Dota 2 betting is now more accessible and thrilling thanks to crypto-friendly platforms offering live betting options, crypto payments, and a variety of markets.
  • Always remember to bet responsibly, stay informed about team performances, and apply the tips above to make the most of your Dota 2 betting experience.
  • BitcoinChaser provides updates on casino news and cryptocurrency. Sign up to their newsletter for more information.

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Crypto-News-Flash

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Bitcoin Lags Behind Gold and S&P 500, But Yen’s Decline Hints at Potential Rally

  • Potential for Bitcoin's record performance driven by Western central bank rate cuts and inflation news in Japan.

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Altcoinbuzz

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SEC Approves Bitcoin ETF Options on NYSE

  • SEC approves options trading on Bitcoin ETFs, allowing investors to buy and sell contracts based on the price of Bitcoin without owning any Bitcoin.
  • This move opens up more ways for traditional investors to get involved in Bitcoin without directly owning it and reduces the perceived risks associated with investing in cryptocurrencies.
  • The approval is a significant advancement for the crypto market, bringing Bitcoin into a more regulated and trusted space and potentially attracting more investors.
  • For the New York Stock Exchange, the approval is a big win as it opens doors to more trading opportunities and shows their readiness to adapt to the future of finance.

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Newsbtc

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Ripple At A Critical Juncture Like Amazon In 1997, Says Investment Pro

  • Ripple Labs is approaching a pivotal turning point with a potential initial public offering (IPO), likened to Amazon's IPO in 1997.
  • Ripple has solidified its position in the blockchain ecosystem with its cross-border payment solutions and utilization of XRP.
  • Recent court rulings in Ripple's favor may clear the path for bigger opportunities, including a public offering.
  • A public listing could provide Ripple with fresh capital for rapid scaling, entry into new markets, acquisitions, and research and development.

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Altcoinbuzz

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BRICS Unveils Blockchain BRICS Pay

  • BRICS Pay is a new digital payment system unveiled at the BRICS Summit 2024.
  • It is built on blockchain technology, offering secure and faster cross-border transactions.
  • BRICS Pay aims to reduce reliance on the US dollar and promote financial independence among BRICS nations.
  • The upcoming summit is expected to provide further details on the rollout of BRICS Pay and discuss ways to enhance cooperation and trade among member countries.

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Blockonomi

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SEC Approves Bitcoin ETF Options Trading on NYSE and Cboe

  • SEC approves options trading for spot Bitcoin ETFs on NYSE and Cboe
  • NYSE can list options for GBTC, BTC, and BITB
  • Cboe can offer options for FBTC and ARKB
  • Options expected to attract institutional investors and boost liquidity

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Coinjournal

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Tap Protocol delays TAP token distribution event

  • Tap Protocol has delayed its TAP token launch date from October 21, 2024 to October 23, 2024.
  • The delay is to allow ecosystem partners to be properly prepared for the potential surge in transactions.
  • TAP will be available on Bitcoin and Ethereum networks at launch, with a fixed supply of 21 million tokens.
  • Tap Protocol aims to advance the BTC ecosystem's DeFi and dApps capabilities.

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Intelalley

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SEC Approves Options on Bitcoin ETFs

  • The US Securities and Exchange Commission has approved options on bitcoin ETFs from the New York Stock Exchange and the Chicago Board Options Exchange.
  • The NYSE filing allows the exchange to list and trade options on the Grayscale Bitcoin Trust, Grayscale Bitcoin Mini Trust, and Bitwise Bitcoin ETF.
  • The Cboe filing permits options on the Fidelity Wise Origin Bitcoin Fund and the ARK 21Shares Bitcoin ETF.
  • The approval is expected to enhance liquidity, price efficiency, and transparency in the market for bitcoin-related products.

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Altcoinbuzz

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Introducing the Altcoin Buzz Alpha Degen Category

  • Altcoin Buzz has introduced a new category called Alpha Degen.
  • The category will include meme coins and high-risk microcaps that do not meet the fundamental analysis criteria but have hype.
  • Altcoin Buzz has issued words of caution, stating that the Degen category is for advanced users and carries a 50% risk of going to zero.
  • Altcoin Buzz will treat the Degen category as a separate segment and subscribers are advised to use only the money they can afford to lose.

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