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Bitcoinsensus

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Venmo and MoonPay Join Forces to Introduce Crypto to 60 Million Users

  • Venmo partners with MoonPay to enable seamless crypto transactions for over 60 million users.
  • Integration expands digital asset use in America, boosting crypto adoption.
  • MoonPay continues its mission to introduce cryptocurrencies to the next billion people by 2030.
  • MoonPay also partners with Ripple to allow easy purchase and management of XRP.

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Tech Story

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Tesla Transfers $765 Million Worth of Bitcoin to Unknown Wallet

  • Tesla has transferred its entire Bitcoin holding, worth $765 million, to an unknown wallet.
  • The transfer has generated speculation about Tesla's intentions and the impact on the Bitcoin market.
  • Speculation ranges from a possible sale of Bitcoin holdings to rearranging assets for protection or future use.
  • The move has raised questions about Tesla's future involvement in the cryptocurrency market.

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Coin Telegraph

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Cyprus freezes crypto applications ahead of EU-wide MiCA transition

  • The Cyprus Securities and Exchange Commission (CySEC) has frozen crypto asset service provider (CASPs) applications ahead of the European Union's transition to the Markets in Crypto-Assets (MiCA) regulations.
  • From October 17, CySEC will no longer accept CASP applications under national laws, and CASPs that register before December 30 can operate under the national jurisdiction until July 1, 2026, unless authorized under MiCA Article 63 before then.
  • CASPs will be subject to the European Commission's Regulatory Technical Standards and Implementing Technical Standards when MiCA regulations come into effect.
  • Interested parties can refer to the Draft Technical Standards issued by the European Securities and Markets Authority (ESMA) in the meantime.

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Cryptoslate

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Bitcoin hashprice surges to two-month high, buoying miners

  • Bitcoin's hashprice has risen to a two-month high, exceeding $50 for the first time since mid-August.
  • The recent increase in hashprice provides relief to miners affected by harsh market conditions.
  • The rise in hashprice coincides with Bitcoin's recent price rally, reaching $68,000.
  • US-listed Bitcoin miners now control a record 28.9% of the global network hashrate.

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Newsbtc

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Dogecoin Jumps Over 16% In The Last Week — More Gains To Come?

  • Dogecoin (DOGE) surged over 16% in the last week, reaching $0.122 and experiencing a significant rise in trading volume.
  • Analysts predict a promising future for Dogecoin, with a bullish forecast of DOGE potentially hitting $24 in the long term.
  • Elon Musk's support continues to influence Dogecoin's price, with significant surges occurring when he publicly expresses his backing.
  • However, there are predictions of a 13% decrease in Dogecoin's value, dropping to $0.106 by mid-November.

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Insider

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Bitcoin is on a tear as 'crypto president' Trump's betting-market odds climb

  • The price of bitcoin has surged 12% as Trump's betting-market odds began rising in mid-September.
  • Investors are excited about the prospect of a "crypto president" in Donald Trump.
  • Analysts predict that a Trump win could significantly impact the future of the crypto industry.
  • However, betting market odds and polls are showing conflicting results.

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Crypto-News-Flash

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BlackRock CEO Larry Fink: Bitcoin Now Rivals Gold as a Top Asset Class – BTC Eyes New ATH

  • Larry Fink, CEO of BlackRock, believes Bitcoin is becoming its own asset class unaffected by US elections.
  • BlackRock's spot Bitcoin ETF has reached $23 billion in assets in just nine months, indicating growing institutional interest.
  • Bitcoin ETFs have seen record inflows, surpassing gold-based products, with nearly $20 billion invested by institutional investors.
  • Standard Chartered predicts Bitcoin to surpass $200,000 by 2025, regardless of the US presidential election outcome.

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Bitcoinist

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New Bitcoin Whale Wallets Balance See Rapid Growth Amid Rising Market Confidence

  • The number of new Bitcoin whale wallets has increased substantially as large investors keep hoarding the cryptocurrency.
  • The balance of these wallets has surged to about 1.97 million BTC, representing an over 813% Year to Date (YTD) growth.
  • The new whale wallets now own 9.3% of the entire Bitcoin supply, worth approximately $132 billion.
  • The surge in new whale wallets and active BTC addresses indicates growing confidence and interest in Bitcoin among institutional and high-net-worth investors.

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Zycrypto

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Can Bitcoin Save The U.S.A From $35 Trillion In National Debt? Experts Explore

  • Discussions about utilizing Bitcoin as a potential solution to the $35 trillion national debt in the US have gained traction among economists and policymakers.
  • The International Monetary Fund (IMF) projects global public debt to exceed $100 trillion by 2024, with the US accounting for about a third of this liability.
  • Experts caution that using Bitcoin to offset national debt oversimplifies complex economic realities, but a favorable stance toward cryptocurrencies could stimulate economic growth.
  • Real-world asset (RWA) tokenization, converting traditional assets into blockchain-based tokens, is being explored as a potential path forward that combines the benefits of traditional finance and cryptocurrency.

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Bitcoinist

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Bitcoin Surge Imminent? Arthur Hayes Links War-Fueled Inflation To Crypto Boom

  • Arthur Hayes, co-founder of BitMEX, believes that the current geopolitical tensions in the Middle East may push Bitcoin to rise higher.
  • Hayes argues that increased government spending and inflationary monetary policy resulting from war-time expenditures can weaken traditional fiat currencies and benefit Bitcoin as a hedge against inflation.
  • He draws a parallel between the '73 energy crisis and the behavior of gold as a hard asset during growing inflationary levels, suggesting that Bitcoin, often called 'digital gold,' could experience significant growth due to inflationary forces.
  • Hayes cautions investors to manage risks and preserve capital amid geopolitical tensions, but remains optimistic about Bitcoin's long-term growth potential as a store of value during uncertain times.

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Bitcoinchaser

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Join the New Zealand Tour of India Cricket Betting at Bitsler!

  • Bitsler, a crypto sportsbook, is offering a promotion for the New Zealand Tour of India cricket series.
  • By placing a minimum $10 bet on the matches, bettors can receive a Silver Chest or a Gold Chest with rewards up to $2,850.
  • The promotion runs from October 16th to November 5th, with the chests being credited after the third and final Test match on November 6th.
  • Bitsler offers a VIP program with various rewards, and accepts over 30 cryptocurrencies for betting.

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TechBullion

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DIGITAL ARTISTS TAKE TO THE STREETS OF AMSTERDAM DURING BTC AMSTERDAM

  • A group of artists took to the streets of Amsterdam to showcase digital art reflecting the values and ideals that Bitcoin was founded on.
  • The exhibition was displayed on billboards at Leidseplein and Poort Amsterdam and meant to provide a powerful reminder of the values that underpin the new technology.
  • Bitcoin was originally invented as a tool for economic freedom, built on decentralization, financial freedom, privacy and a ‘power to the people’ mentality.
  • The artwork served as a catalyst for discussion and aimed to bridge the gap between the advanced digital world of Web3 and the everyday Web2 world.
  • Bitcoin represents a decentralised network that challenges our traditional understanding of value, authority and human cooperation, which signifies a rupture in our conception of money.
  • The exhibition showcased the digital art of Harto, Emanuele Dascanio, Gigi B, Tia Grazette and Nate Hill to enlighten people about the relationship between art, technology and social change.
  • Tap into technology when it comes to art, Bitcoin has the potential to rapidly revolutionise the art world and enabled artists to successfully monetise their work with profit.
  • The exhibition triggered reflections on the impact of Bitcoin, blockchain technology and digital art by making the experience accessible to everyone.
  • The exhibition aimed to educate the attendees and the general public about the new technology and its impact on society.
  • The art on display highlights the concept of freedom, from oppressive systems, economic restrictions and societal norms resonating deeply with Bitcoin's promise of economic autonomy.

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Bitcoinist

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Fake Bitcoin ETF Approval Post: FBI Arrests Individual Linked To SEC Twitter Hack

  • Alabama resident Eric Council Jr. has been arrested in connection with the hack of the SEC's Twitter account.
  • Council and accomplices orchestrated the unauthorized takeover of the SEC's account and posted a false announcement of Bitcoin ETF approval.
  • The hack led to a temporary increase in Bitcoin's price, followed by a significant drop.
  • Council obtained personal information to perform a SIM swap and received Bitcoin for his involvement.

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Nigeriabitcoincummunity

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Blum Airdrop: How to Join a Tribe on Blum

  • Blum is a decentralized social network built on blockchain, offering free tokens known as Blum Points which can be used or traded on the platform.
  • The Blum Airdrop offers tokens that can be used on its platform or traded for value in other exchanges.
  • Blum is building a decentralized exchange in Telegram for trading meme coins and new tokens.
  • Tribes are community groups where members connect, engage, and grew together in Blum’s ecosystem.
  • To join a tribe on Blum, first, create a Blum account by accessing the platform, then access the Tribe section and click on the Tribe you wish to join.
  • Once you’ve joined a tribe, complete tribe activities, participate in discussions, complete tasks, attend events, share valuable content, and invite friends.
  • Being part of a Tribe on Blum is more than earning tokens, it’s becoming part of a vibrant community in the decentralized world.
  • There are extra rewards for active tribe members, connecting with like-minded individuals in your field of interest, and gain access to discussions, resources, and events only available within your Tribe.
  • Inviting friends can earn you extra tokens, and for some tribes may have referral programs.

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