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Cryptonewsz
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What happens to Bitcoin after Satoshi Nakamoto’s reveal next week?
- The identity of Bitcoin creator Satoshi Nakamoto will be revealed in a new HBO documentary next week.
- Whales have begun moving Satoshi Era Bitcoin, creating speculation in the market.
- Investors should not expect definitive proof of Satoshi's identity from the documentary, as previous claims have been unconvincing.
- Maintaining Satoshi's anonymity is crucial for Bitcoin's decentralized and independent nature.
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Coinpedia
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Bitcoin Price Prediction: Bulls Gear Up for ‘Mega Bounce’ as Bears Eye $50,000 Retest
- Bitcoin price is holding strong around $61,000 despite market volatility.
- Analyst predicts a potential pullback below $60,000 but expects a 'mega bounce' afterward.
- Major institutional players like BlackRock continue to buy Bitcoin during price dips.
- Short-term prediction includes a market flush, followed by a strong recovery for Bitcoin.
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readwrite
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IMF urges El salvador to strengthen Bitcoin oversight
- The International Monetary Fund (IMF) has urged El Salvador to strengthen its oversight over Bitcoin (BTC) transactions in the country.
- IMF spokesperson Julie Kozack suggested that El Salvador should limit its Bitcoin adoption and the public sector's exposure to it.
- El Salvador's 2025 budget proposal, which aims to be debt-free, was acknowledged as a good step towards strengthening the nation's public finances.
- As of press time, El Salvador holds 5,892 BTC, worth $362.42 million, and its adoption of Bitcoin domestically has fallen short of expectations.
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TronWeekly
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Bitcoin Price Drop Raises Doubts on Uptober’s Promised Market Surge
- The optimism surrounding October within the crypto community is dwindling as the market faces a significant downturn.
- Bitcoin struggles amid a correction, driven by early adopters' sell-offs and large token unlocks.
- Onchain data reveals a decline in 'Uptober' mentions, suggesting fading optimism among traders.
- Historical patterns suggest Bitcoin could still rally, despite current market volatility and uncertainty.
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Bitcoinist
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Crypto Hacks Hit $735 Million, Total Value Lost Rises 9.5% In Q3 – Report
- Crypto hacks’ total value stolen increased by nearly 10% in Q3, reaching $735 million.
- Phishing scams and private key compromises accounted for 91% of the total losses.
- Hacks decreased by 14%, with 155 incidents in Q3 compared to 182 in Q2.
- Ethereum was the most targeted network, with $387.8 million stolen in 86 attacks.
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Altcoinbuzz
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Coinbase to Delist Non-Compliant Stablecoins in Europe
- Coinbase will delist non-compliant stablecoins in Europe as part of new EU regulations.
- The move is in response to the EU's new rules under MiCA, which require e-money authorization for stablecoin issuers.
- Coinbase plans to comply with the regulations and restrict services to EEA users for stablecoins that don't meet MiCA requirements by December 30, 2024.
- Coinbase will offer users options to convert non-compliant stablecoins into compliant ones, such as USDC.
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Zycrypto
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Unmasking Satoshi Nakamoto: New HBO Documentary Claims To Reveal True Identity Of Bitcoin’s Anonymous Creator
- An upcoming HBO documentary promises new details about the true identity of Bitcoin's anonymous creator, Satoshi Nakamoto.
- Famous documentary filmmaker Cullen Hoback will reveal the person behind Satoshi Nakamoto in the documentary titled 'MoneyElectric: The Bitcoin Mystery.'
- Speculations suggest that Len Sassaman, who worked alongside Hal Finney and committed suicide shortly after Satoshi's disappearance, might be identified as Satoshi Nakamoto.
- The implications of discovering the true identity of Satoshi Nakamoto could have a significant impact on the financial world.
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Coinjournal
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IMF recommends El Salvador to limit the public’s exposure to Bitcoin
- The International Monetary Fund (IMF) has recommended that El Salvador reduce the scope of its Bitcoin law and limit the public’s exposure to Bitcoin.
- IMF spokesperson Julie Kozack stated that the IMF recommends narrowing the scope of the Bitcoin law, strengthening the regulatory framework, and limiting public sector exposure to Bitcoin.
- The IMF has been advising El Salvador since November 2021 to narrow the scope of the Bitcoin law and strengthen regulation and supervision of the new payment system.
- Despite the IMF's recommendations, El Salvador remains committed to its mission of seeing Bitcoin rise in the country and aims to make crypto more appealing to its citizens.
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Bitcoinist
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Bitcoin Miner Selling Pressure Falling, Will BTC Find Support At $60,000?
- Bitcoin is approaching the psychological support at $60,000 after a sell-off.
- Bitcoin miners have been reducing their liquidation activities and slowing down coin transfers to exchanges.
- Reduced selling pressure from miners may support prices and indicates their expectation of price recovery.
- Short-term holders reducing their supply could help BTC find support at $60,000, while further selling may push it below $57,000.
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Bitcoinsensus
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Visa Stablecoin Platform Set for 2025 Launch on Ethereum
- Visa is set to launch its stablecoin platform, VTAP, in 2025.
- The platform will allow banks to issue and manage stablecoins and other tokenized assets.
- VTAP will be tested on the Ethereum blockchain with pilot projects involving select financial institutions.
- The aim of VTAP is to enhance banking efficiency by integrating stablecoins and tokenized deposits into traditional financial systems.
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Nigeriabitcoincummunity
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Free Trading Signal Groups for Profitable Futures Trading: Don’t Miss Out!
- Futures traders profit by betting on price movements—whether upward or downward. In this post, I’ll show you how to profit from futures trading with the help of expert calls from community groups. Achieving Over 5X Profit on different trades. The major exchanges used by the group are Bybit and Blofin. Free Trading Signal Groups for Profitable Trades are AfIbie Signal Channel and CTmastery Airdrop and Signal. Most platforms charge for trading signals. Futures trading can be profitable, but it requires good risk management to minimize losses.
- Throughout Bitcoin’s trading history, futures traders have consistently profited in all market conditions.
- Unlike predicting a match on Sportybet, futures trading requires a deep understanding of technical market analysis, which is typically handled by expert traders.
- The HMSTR airdrop became one of the largest in crypto history, distributed to over 100 million early users of a Telegram-based game.
- While these players expressed their frustration, futures traders within the community managed to capitalize on the situation, earning up to 15x profits by shorting the token.
- The major exchanges used by the groups are Bybit and Blofin.
- Afibie Signal Channel offers futures trading signals with a 99.1% guarantee, as well as frequent live masterclasses, AMAs, and insider strategies from top experts.
- The CTmastery Airdrop and Signal group offers free trading signals and shares updates on the latest crypto airdrops and income-earning opportunities.
- Whether you’re a crypto beginner or have some trading experience, you can start profiting from futures by following the trading signals frequently posted in these groups.
- Keep in mind that while futures trading can be profitable, it requires good risk management to minimize losses.
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Bitcoinchaser
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Complete Guide on Betting on Esports with Crypto
- Esports is becoming a widely popular gaming scene that engages people to bet on games like CS:GO, Dota 2 etc.
- Betting on esports using cryptocurrency is a high-tech way of betting that esports betting sites are providing to bring the flexibility in the user's experience.
- Crypto betting is similar to traditional online betting, but it uses digital currencies such as Bitcoin, Ethereum or Litecoin.
- You need to have a crypto wallet that stores digital currency, so you need to get one like MetaMask, Trust Wallet, and Exodus.
- Purchase crypto first through exchanges like Coinbase, Binance or Kraken.
- Choose a sportsbook, create an account and deposit your crypto before placing bets.
- Different esports betting sites offer different odds for the same game, so it's recommended to shop around and find the best deal.
- Stake limits should be set, and only bet on what you can afford to lose to keep gambling fun and safe.
- Some of the best esports betting sites that accept crypto are Thunderpick, SportsBet.io, Stake.com, Pinnacle, and Cloudbet
- Cryptocurrency and esports are rapidly growing industries, and betting with crypto offers more flexibility, speed, and privacy than traditional methods.
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Bitcoinist
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Bitcoin Data Reveals Short-Term Holder Profitability Improves: BTC Rally Incoming?
- Bitcoin's short-term holder profitability has improved during the recent price rally, relieving investors who bought BTC during the run-up.
- Despite the positive data, uncertainty remains in the market with concerns of a deeper correction.
- Bitcoin is currently testing a crucial demand level at $60,000, and confirmation above this threshold could lead to new highs.
- Traders are closely monitoring key levels to determine if Bitcoin will establish a stronger upward trajectory or succumb to further downward pressure.
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Altcoinbuzz
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PayPal Uses PYUSD to Pay EY Invoices via Coinbase Prime
- PayPal used PYUSD to pay EY invoices through EY's Coinbase Prime account, making it easier for businesses to handle transactions with cryptocurrency.
- EY joins Google Cloud in using Coinbase Prime to accept and manage crypto payments, as more Fortune 500 companies show interest in exploring crypto payments.
- PYUSD enables instant transactions globally and offers rewards to its users, unlike traditional payment methods.
- PayPal, EY, and SAP collaborate with Coinbase to streamline B2B payments, allowing businesses to transfer funds faster and improving cash flow.
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