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Bitcoinsensus

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Ripple Won a Major Financial Award, But XRP Struggling

  • Ripple has won the Best Cross-Border Payment Platform award at the Juniper Research's Fintech & Payments Awards, surpassing competitors including Boku and Huawei.
  • Despite this achievement, Ripple's cryptocurrency, XRP, continues to struggle and is currently trading at around $0.53.
  • Ripple's success in winning the award demonstrates the company's broader initiatives and resilience in growth beyond its individual assets.
  • Despite the ongoing SEC litigation and the decline of XRP, Ripple remains focused on entering new markets, developing new products like RLUSD stablecoin, and contributing to the development of Web3.

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Cryptoslate

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HBO documentary ignites controversy with ‘disgusting’ Satoshi Nakamoto claim

  • HBO's documentary claims that Canadian Bitcoin developer Peter Todd is Satoshi Nakamoto.
  • The documentary presents circumstantial evidence to support this claim, including Todd's cryptic online posts.
  • The theory caused losses on the prediction platform Polymarket, where users bet heavily on Len Sassaman being Satoshi.
  • The documentary has faced criticism from the crypto community, with Todd himself denying the claim and calling it 'ludicrous.'

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Newsbtc

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Bitcoin’s Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?

  • Bitcoin's Non-Realized Profits metric indicates a potential buying opportunity.
  • Negative values in the metric suggest a market bottom and favorable entry point for investors.
  • The Non-Realized Profit metric is currently mostly in the negative zone.
  • Bitcoin's struggles continue as it trades below $70,000, impacting the overall crypto market.

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Bitcoinist

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Warning: Telegram A Breeding Ground For Crypto Fraud, UN Says

  • Telegram has emerged as a major platform for criminal networks in Southeast Asia, according to the United Nations.
  • Criminal enterprises generate billions each year using Telegram, engaging in money laundering, fraud, and the exchange of stolen data.
  • The growing number of unregistered cryptocurrency exchanges on Telegram has facilitated the movement of dirty money.
  • The arrest of Pavel Durov, founder of Telegram, has sparked discussions on the balance between user privacy and public safety.

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Coinpedia

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Bitcoin Price Today: Will BTC Price Rally Above $61K Post-FOMC Meeting?

  • Bitcoin (BTC) price is poised for major volatility in the near term after consolidating for the past seven months.
  • Institutional investors are adopting Bitcoin to hedge against global fiat inflation, driven by geopolitical tensions and the macroeconomic outlook.
  • On-chain data shows a spike in dormant activity, suggesting an imminent Bitcoin price breakout.
  • Analyst Michael van de Poppe predicts a retracement to $61k followed by a rebound towards all-time high.

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Altcoinbuzz

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New HBO Doc Claims Peter Todd Is Bitcoin’s Creator

  • A new HBO documentary explores the mystery of Bitcoin's creator, Satoshi Nakamoto.
  • The documentary suggests that Peter Todd, a core developer of Bitcoin, may be the person behind the Satoshi Nakamoto pseudonym.
  • Other key figures interviewed in the documentary include Samson Mow and Adam Back, who are strong supporters of Bitcoin.
  • The film also discusses the history of Bitcoin, the rise of alternative cryptocurrencies, and the government's attempts to regulate the crypto industry.

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Newsbtc

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Shiba Inu Earns Recognition For Charitable Contributions – Impact On Price

  • Shiba Inu (SHIB) has been recognized as the most donated meme coin for charitable causes.
  • Ethereum co-founder Vitalik Buterin praised meme coins for their charity contributions, including SHIB.
  • Shiba Inu leads among meme coins in terms of philanthropy, according to crypto expert Del Crxpto.
  • Technical analyst Charting Guy predicts a possible price spike for SHIB based on breakout and backtest signs.

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Crypto-News-Flash

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Trader Eyes Bitcoin as Cup and Handle Pattern Plays Out

  • The Bitcoin cup and handle pattern continues to influence market strategies, with a potential target of $126,107.
  • Crypto influencer Marty Party predicts notable price movement based on the convergence of this trend with the approaching US election.
  • There is a 10-20% chance of a sharp correction before the price increase, known as a 'final flush,' which might clean long positions.
  • Bitcoin's performance is also influenced by macroeconomic factors, such as the rise in Chinese stock markets diverting money away from BTC.

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Altcoinbuzz

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LEGO Takes Down Crypto Scam from Homepage Following Hack

  • LEGO website was targeted by a crypto scam with a fake 'LEGO Coin' banner
  • The ad promised secret rewards and appeared on the homepage, but was recognized as fake
  • LEGO quickly took down the banner and stated that no users were affected
  • LEGO has previously invested in cryptocurrency and explored NFTs

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Coinpedia

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Who Is Peter Todd? Money Electric: The Bitcoin Mystery Claims He Could Be Satoshi Nakamoto

  • The HBO documentary Money Electric: The Bitcoin Mystery names Peter Todd, a prominent Bitcoin core developer, as the possible creator of Bitcoin, Satoshi Nakamoto.
  • Todd denies the claims and states 'I'm not Satoshi' in response to the documentary.
  • Experts dismiss the evidence presented in the documentary as flimsy and find no reason to believe Todd is Nakamoto.
  • Despite the speculation, Todd remains a respected figure in the crypto industry with significant contributions to Bitcoin and blockchain technology.

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Newsbtc

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Crypto Analyst Predicts Massive 8,400% Rise For XRP Price To $44, Calls It ‘Conservative’

  • Crypto analyst Egrag Crypto predicts an 8,400% rise for XRP price to $44.
  • The analyst suggests that $44 is a conservative price target based on current cycle and Fib Channel.
  • Other analysts, like Javon Marks, predict XRP could reach three digits, with a prediction of $200.
  • Egrag Crypto also outlines worst case scenario for XRP, with a minimum price target of $2.3 to $5.89.

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Coinpedia

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Crypto Price Today (Oct 9, 2024): Bitcoin & Ethereum Lack Momentum, XRP Gains Amid ETF News!

  • HBO is set to release a documentary on Satoshi Nakamoto, the creator of Bitcoin, on Tuesday.
  • Bitcoin price remains stable with a slight decrease, while BTC ETFs experience $18.66 million in outflows.
  • Ethereum and XRP show gains, with XRP benefiting from Ripple's new XRP-Spot ETF filing.
  • Top gainers in the market include First Neiro On Ethereum, Aptos, and Fantom, while Monero, Kaspa, and Maker are among the top losers.

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Tokenhell

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Analysts Say FTX Repayments Will not be Super Bullish for Crypto: Here is Why

  • Analysts from Presto Labs question whether FTX users will invest repayments into cryptocurrencies.
  • FTX's Reorganization Plan, approved by the US Bankruptcy Court, will distribute $16 billion in repayments within 60 days.
  • Presto Labs analysts explain that the impact of FTX repayments on cryptocurrencies is not imminent.
  • Bitcoin and Ethereum prices have dipped slightly following the court's approval of FTX's repayment plan.

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Medium

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Who Is Peter Todd, The Man Named By HBO As Bitcoin's Secret Maker Satoshi Nakamoto?

  • Peter Todd is being named by HBO as Bitcoin's secret maker Nakamoto.
  • Todd denies being Satoshi Nakamoto and calls the claim 'outrageous'.
  • He started contributing to Bitcoin's code in 2012 and is known for his involvement in the blocksize war.
  • Todd has worked on projects like OpenTimestamps, Counterparty, Mastercoin, and was involved in the launch of zcash.

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Crypto-News-Flash

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Bitcoin ETFs Now Control Over 925,000 BTC in the Market

  • Bitcoin ETFs currently hold 925,266 BTC, or nearly 5% of the total circulating supply.
  • BlackRock and Fidelity lead Bitcoin ETF inflows, with growing interest from wealth managers like Goldman Sachs and Morgan Stanley.
  • Institutional inflows boost Bitcoin ETFs amid rising adoption.
  • ETFs provide an easily accessible route for exposure to Bitcoin without dealing with private keys or exchanges.

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