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Bitcoin News
Blockonomi
4w
289
Image Credit: Blockonomi
Italian Government Raises Crypto Tax Amid EU Regulatory Changes
- Italy plans to raise capital gains tax on bitcoin from 26% to 42%
- The tax hike aims to fund election promises and reduce fiscal deficit
- Growing bitcoin adoption cited as a key factor for the increase
- This comes as EU prepares to implement MiCA regulations
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17 Likes
Altcoinbuzz
4w
53
dYdX Launches TRUMPWIN-USD Prediction Market
- dYdX has launched a TRUMPWIN-USD prediction market where users can bet on whether Donald Trump will win or lose the election.
- Each market settles at $0 or $1 based on the election outcome, with prices reflecting the chances of Trump winning.
- Users can go long (betting on Trump to win) or short (betting on Trump to lose) with up to 20x leverage.
- The market will settle around November 5th based on the election results, with the opportunity for users to lock in profits or sell their positions.
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3 Likes
Altcoinbuzz
4w
253
Stellar Partners with Mastercard for Safer Crypto Transactions
- Stellar has partnered with Mastercard to make crypto transactions safer and more reliable.
- The partnership includes the use of Mastercard's Crypto Credential solution.
- Mastercard Crypto Credential helps verify interactions between consumers and businesses in the crypto world.
- The integration of Mastercard Crypto Credential into the Stellar network will bring more trust and convenience to crypto transactions.
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15 Likes
Altcoinbuzz
4w
364
Trump’s WLFI Presale Raises $12M, 4% of $300M Goal
- Trump's WLFI presale has raised $12 million, which is 4% of its $300 million goal.
- Trump stands to receive 75% of all revenue, including the presale earnings.
- The top 10 WLFI holders control 97% of the token supply.
- WLFI aims to be a platform for services like borrowing and lending in the DeFi world.
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21 Likes
Cryptopotato
4w
75
Image Credit: Cryptopotato
These 2 Meme Coins Chart Biggest Daily Gains as Bitcoin (BTC) Maintains $67K (Market Watch)
- Bitcoin reached a new multi-month peak of almost $68,500 before settling above $67,000.
- XRP gained 2.5%, while two meme coins saw the biggest daily gains.
- Bitcoin's market cap remains at $1.330 trillion with dominance over altcoins at multi-year highs.
- Top performers among the largest 100 alts are meme coins BONK and NEIRO.
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Blockonomi
4w
284
Image Credit: Blockonomi
Bitcoin Dominance Reaches 58.9% as Cryptocurrency Market Evolves
- Bitcoin dominance reaches 58.9%, a cycle high not seen since April 2021
- Bitcoin price nears $70,000, rising 10% in the past week
- Total crypto market cap increases to $2.41 trillion, largely due to Bitcoin’s performance
- ETH/BTC ratio at 0.0385, lowest since April 2021, indicating weak Ethereum performance
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Cryptonewsz
4w
66
Image Credit: Cryptonewsz
Marc Andreessen Sends $50K in Bitcoin to AI for Memecoin Revolution
- Billionaire venture capitalist Marc Andreessen sends $50,000 in Bitcoin to AI bot called Truth Terminal.
- The AI, created by Andy Ayrey, is known for its satirical posts and philosophical musings about the internet's Goatse meme.
- This interaction leads to the creation of Goatse Coin, sparking conversations about AI autonomy and the role of memecoins.
- Goatse Coin represents the intersection of AI, meme culture, and digital currencies, raising important questions about the future of decentralized finance.
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4 Likes
Altcoinbuzz
4w
200
Google’s Nuclear Plan Could Transform Crypto Mining
- Google is partnering with Kairo Power to build small modular reactors for nuclear power.
- These reactors offer a cleaner and more cost-efficient alternative for energy needs.
- Google plans to use the generated power to support its AI systems.
- The partnership could also impact the crypto mining industry by offering a more scalable and cost-effective energy solution.
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Blockonomi
4w
178
Image Credit: Blockonomi
Arthur Hayes Analyzes Potential Impact of Middle East Conflict on Bitcoin
- Arthur Hayes, founder of BitMEX, predicts that the Middle East conflict could increase Bitcoin's value.
- Hayes believes that the destruction of Iranian Bitcoin mining operations would not significantly impact Bitcoin's price.
- A wider conflict and the destruction of oil infrastructure could lead to a surge in oil prices, indirectly benefiting Bitcoin.
- Bitcoin's mining difficulty adjusts to maintain overall profitability, even in the face of higher energy prices.
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10 Likes
Coinpedia
4w
356
Image Credit: Coinpedia
Bitcoin All-Time High Is Approaching with Increased Whale Activity
- Renowned crypto analyst George Tung predicts that Bitcoin may reach a new all-time high.
- Bitcoin is consolidating around $67,500 and showing strength after breaking through $66,000.
- Whales and institutional players are increasing their activity, signaling a potential bullish breakout.
- Inflows from big investors and institutions indicate a potential skyrocketing of Bitcoin's price.
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21 Likes
Altcoinbuzz
4w
391
Don’t Ignore These Altcoins Before the Pump
- Fantom, Bittensor, and Aptos are three altcoins showing great relative strength compared to the market.
- Fantom is an EVM Layer 1 chain built for DeFi and has shown a gain of 160% in the last 60 days.
- Next, we have Bittensor, which gives projects access to decentralized machine learning and has shown a gain of over 200% in the last 60 days.
- Last but not least, we have Aptos, which uses the Move language and has shown a gain of almost 80% in the last few months.
- All three altcoins have maintained better performance compared to Ethereum's August low of $2197 to its current price of $2439.
- Fantom is rebranding as Sonic which features smaller and agile databases along with faster syncing nodes.
- Bittensor gives projects access to more data in early stages through subnet networks while maintaining control over data.
- Aptos' Move language is object-based and allows for easy transfers or upgrades of NFTs.
- All three altcoins have bounced back from their recent lows and are in profit since the summer.
- It's important to note that these altcoins are high-risk investments and Altcoin Buzz is not responsible for any losses incurred.
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23 Likes
Blockonomi
4w
413
Image Credit: Blockonomi
Bitcoin Breaks $67K: Is $70,000 Just Around the Corner?
- Bitcoin demand has spiked, with apparent demand growing 177,000 BTC last week
- Bitcoin price is up 11% week-over-week, reaching a 10-week high of over $67,800
- U.S. Bitcoin ETFs continue to see significant inflows, with $458.5 million on Wednesday
- Polymarket bettors give 64% odds of Bitcoin hitting $70,000 in October
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24 Likes
Newsbtc
4w
22
Image Credit: Newsbtc
Ethereum (ETH) About To ‘Catch Up On BTC’, Is It Ready To Reclaim $3,000?
- Ethereum (ETH) has reclaimed the $2,500 support zone and aims to catch up with Bitcoin.
- Analysts believe ETH is ready to challenge the $2,700 resistance level and target the $3,000 mark.
- ETH has been consolidating in a symmetrical triangle pattern and attempted breakouts from it.
- If ETH successfully breaks out, it could reach the $2,900 level and potentially reclaim its March highs.
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1 Like
Bitcoinist
4w
173
Image Credit: Bitcoinist
Hong Kong Police Take Down $46 Million Romance Crypto Scam—Here’s How
- Hong Kong authorities have dismantled a $46.3 million cryptocurrency-based romance fraud scheme.
- 27 suspects have been arrested in connection with the scheme, which targeted victims through online romance scams.
- The police seized cash, luxury watches, and other valuables, including a red Richard Mille watch worth $257,400 and a gold Rolex valued at approximately $38,600.
- Authorities warn of the importance of caution when dealing with cryptocurrency investments, especially in online relationships or suspicious schemes.
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Altcoinbuzz
4w
66
Altcoins Poised for the Next Big Crypto Boom
- The creator economy is booming and already a $100 billion market and the future of crypto isn’t just about tokens or coins, but people.
- Goldman Sachs predicts the creator economy could hit half a trillion dollars by 2027.
- Story Protocol focuses on the intellectual property narrative and aims to ensure that AI makers like OpenAI do not take anyone’s work without permission.
- Story Protocol has built a blockchain-based framework to help manage intellectual property rights for content creators and been backed by heavyweights like Andreessen Horowitz and Polychain Capital
- The Farcaster is a decentralized social media protocol aiming to give users more control over their data and online conversations.
- Farcaster is built on the Ethereum scaling network, Optimism, and is an ecosystem where users can create and interact with various social media tools.
- Farcaster has over 200,000 active users and is expanding footprint rapidly. They support Solana which allows users to verify their address on the Farcaster app.
- Tokens and NFTs are linked to the Farcaster platform and designed to reward active community members who engage with channels on Warpcast.
- Farcaster has a built-in solution to tackle bot activity, which plagues most social media.
- Farcaster gives users full control over their data and content unlike centralized platforms where information can be sold without consent.
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