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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Asian Private Wealth Sees Crypto Boom, Bitcoin Expected to Hit $100K by Year-End
- 76% of private wealth managers in Asia have ventured into the cryptocurrency space, while another 16% are considering investments.
- Motivated by the potential for higher returns and diversification benefits, private wealth managers in Asia are making strides into the crypto landscape.
- Asia is one of the largest crypto economies worldwide, with 10% of on-chain value received between July 2023 and June 2024.
- While barriers to widespread adoption remain, 30% of surveyed private wealth managers express optimism about increasing their exposure to digital assets in the future.
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Newsbtc
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Image Credit: Newsbtc
Why This Crypto Asset Is Bitwise CIO’s Best Contrarian Bet Right Now
- Bitwise CIO, Matt Hougan, sees Ethereum as a contrarian bet with potential for significant returns.
- Hougan highlights Ethereum's foundational role in key sectors like stablecoins and DeFi.
- He attributes Ethereum's underperformance to its ongoing architectural upgrades.
- Hougan advises investors to focus on the overall growth and development of the Ethereum ecosystem.
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Kraken
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Image Credit: Kraken
Introducing Kraken Wrapped Bitcoin (kBTC): Unleashing Bitcoin’s potential across networks
- Kraken has introduced Kraken Wrapped Bitcoin (kBTC), a fully backed, cross-network-compatible ERC-20 token.
- kBTC is backed 1:1 by an equivalent amount of Bitcoin held securely in Kraken's custody.
- It allows Bitcoin to be used in decentralized applications (dApps) on networks like Ethereum and OP Mainnet.
- kBTC leverages Kraken's industry-leading custody infrastructure and brings the power of Bitcoin to new networks.
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Bitcoinchaser
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137
Image Credit: Bitcoinchaser
Daily Crypto Wheel Spin at Crypto-Games.io: 1 BTC Awaits!
- Crypto-Games.io is offering a Daily Crypto Wheel Spin promotion where players can win up to 1 BTC every day.
- To participate, players need to make a minimum deposit of $30 in any accepted cryptocurrency.
- There are no wagering requirements, and players get to keep all their winnings.
- Crypto-Games.io supports various cryptocurrencies and offers a welcome bonus as well.
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Altcoinbuzz
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53
Why do 90% of Salvadorans Avoid Bitcoin Transactions?
- El Salvador's implementation of Bitcoin lacked empathy and a practical understanding of how locals would interact with the new payment method.
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Bitcoinsensus
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Image Credit: Bitcoinsensus
Ancilia Accidentally Shared Phishing Link to Vulnerable Radiant Capital
- Ancilia accidentally shared a phishing link to Radiant Capital.
- Radiant Capital was recently hacked for $51.5M and before for $4.5M.
- Ancilia rushed to remove the post with the link, but the damage had already been done.
- The incident harmed both Ancilia's reputation and potentially worsened the consequences of the hack.
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Altcoinbuzz
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391
Robinhood Launches Desktop Platform and New Trading Features
- Robinhood has launched a new desktop platform and introduced new trading features.
- The platform offers advanced trading tools, real-time data, customizable layouts, and preset options.
- Users can now trade futures on popular benchmarks like the S&P 500 index, oil, and bitcoin.
- The app also includes index options trading, providing users with more ways to take control of their investments.
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Bitcoinist
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Image Credit: Bitcoinist
Warren Vs. Deaton: Crypto Debate Raises Questions About Warren’s Hostile Stance
- US Senator Elizabeth Warren's crypto stance has been questioned after the debate against Pro-XRP Lawyer John Deaton.
- Warren surprised the community with her less aggressive comments during the Massachusetts Senate debate.
- Deaton criticized Warren's hostile approach to crypto and questioned her motives.
- The community reacted with skepticism, suggesting Warren's comments were not a genuine softening of her stance.
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Bitcoinsensus
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35
Image Credit: Bitcoinsensus
Italy Crypto Tax: From 26% to 42% on Gains Over €2,000
- Italy raises the crypto gains tax from 26% to 42% for profits over €2,000.
- The tax applies to all cryptocurrencies, including Bitcoin.
- The new tax policy is part of Italy’s 2025 financial plan.
- The increase in taxation is seen as an unfair blow to Italian investors.
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NullTX
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88
Image Credit: NullTX
Bitcoin Sees Surge In Active Addresses And Institutional Interest
- Bitcoin has witnessed a surge in active addresses since September, indicating increased user engagement and potential demand.
- New whale wallets hold a substantial amount of Bitcoin, totaling 1.97 million BTC, accounting for 9.3% of the total supply.
- Institutional interest in Bitcoin is growing, with Spot Bitcoin ETFs adding over $600 million worth of Bitcoin to their holdings.
- Tesla transferred its entire Bitcoin holdings, valued at $773 million, to new wallets after two years of dormancy.
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5 Likes
Bitcoinchaser
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Image Credit: Bitcoinchaser
The Best Warcraft 3 (Wc3) Crypto Betting Sites
- Warcraft 3 crypto betting is offered by many esports betting sites.
- Thunderpick, Gamdom, BC.Game, 1xBit, Bitsler and Shuffle are top Warcraft 3 (WC3) crypto betting sites.
- Common Warcraft 3 betting markets include Match Winner, Outright Winner and Over/Under bets.
- To make better decisions, research player and team performance, analyze odds across different platforms, stay updated on game patches, explore live betting and use welcome bonuses.
- Key Warcraft 3 tournaments to bet on include AWC, B Cup, ESL Pro Tour and WC3 DACH Inferno.
- Smart betting strategies can increase chances of success and make Warcraft 3 betting thrilling and profitable.
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Altcoinbuzz
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249
Bitcoin Suisse Launches EURC with No Custody Fees
- Bitcoin Suisse has launched EURC, a euro-backed stablecoin, with no crypto custody fees.
- EURC can be used across different blockchains like Ethereum, Solana, and Avalanche.
- Bitcoin Suisse offers a 0% crypto custody fee for holding EURC in their online accounts.
- Circle, the issuer of EURC, is the first stablecoin issuer to meet strict EU regulations.
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14 Likes
Coinpedia
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Image Credit: Coinpedia
Why Crypto is Going Up? Factors Behind the Bitcoin Bull Run!
- The total crypto market cap has gained over $200 billion in the past few days, led by the recent Bitcoin price spike above $67k.
- Factors contributing to the crypto pump include rising open interest and high demand from whale investors.
- Bitcoin's fear and greed index has spiked to 73%, signaling traders' greed.
- The crypto market is expected to continue in a bullish sentiment, driven by upcoming US elections and expected Fed rate cuts.
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Bitcoinchaser
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431
Image Credit: Bitcoinchaser
Get Ready to Spin and Win: Join the €25K Piggy Tap Tournament
- The Piggy Tap Tournament at online crypto casino Thunderpick offers a chance to win a share of €25,000.
- The tournament runs from October 16th to October 30th and rewards players based on their leaderboard ranking.
- To join, spin the reels on Piggy Tap with a minimum bet of €0.10.
- The top 100 players will receive prizes, with the first place receiving €5,000.
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25 Likes
Coinpedia
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75
Image Credit: Coinpedia
Bitcoin Breaks 42-Month High! Here’s When the Altcoin Season Rally Will Begin
- Bitcoin dominance has reached 58.81% as of October 16th.
- Altcoins tend to rally after Bitcoin breaks its all-time high.
- Crypto expert Ash Crypto predicts a significant altcoin rally in the next six months following Bitcoin's success.
- Altcoin investors are advised to hold onto their assets for the next six months.
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