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Bitcoin News
Newsbtc
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VP Kamala Harris’s First Speech On Crypto Sparks 7% Rise In This Memecoin
- Memecoin Kamala Harris (KAMA) has risen 7% in the last 24 hours after US Vice President Kamala Harris pledged support for the growth of the crypto space.
- Harris outlined her economic agenda at a fundraiser in New York City, expressing support for innovative technologies like AI and digital assets while ensuring consumer protection.
- Harris's comments have raised expectations among investors regarding her stance on digital assets compared to President Joe Biden's administration.
- KAMA, currently trading at $0.0052, has surged after Harris's statements, but still remains down nearly 87% from its all-time high of $0.039.
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Newsbtc
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Ethereum Price Pullback: Another Chance for Buyers To Load ETH?
- Ethereum price is correcting gains after surpassing $2,650 resistance.
- Support is forming around $2,600 with a bullish trend line.
- Resistance levels are at $2,650 and $2,680.
- A break above $2,700 may lead to further gains for ETH.
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Bitcoinist
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Crypto Market Wants Clearer Stance From Harris, Sentiment To Surge If Trump Wins: Bernstein
- The crypto community is calling for a clearer stance and more actionable policies from Democratic presidential candidate Kamala Harris.
- Harris recently mentioned digital assets in her speeches, signaling possible support.
- The crypto community wants concrete steps and follow-through from Harris before reconsidering their political stance.
- Bernstein predicts that a Trump win would result in stronger sentiment and broader regulatory support for digital assets.
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Coin Telegraph
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House Republicans urge SEC to rescind ‘disastrous’ SAB 121
- Republicans in the US House of Representatives and Senate are urging the SEC to rescind Staff Accounting Bulletin No. 121 (SAB 121).
- They claim that SAB 121 evaded the notice and comment rulemaking process and has negative impacts on custody rules for cryptocurrencies, consumer protections, and financial innovation.
- The politicians argue that SAB 121 was issued without consulting prudent regulators and deviates from established accounting standards.
- A repeal bill for SAB 121 received bipartisan support but was vetoed before it could be implemented.
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Nigeriabitcoincummunity
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434
HMSTR Airdrop: Scam or Fair? The Future of Telegram Apps
- Some players are calling the HMSTR airdrop a scam, feeling that the distribution was unfair.
- However, others believe the allocation was fair, based on individual efforts and transparent criteria.
- Hamster Kombat quickly became a popular tap-to-earn game, with over 200 million players globally.
- The competition for desirable airdrops in Telegram apps is increasing as more games launch.
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Bitcoinist
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Bitcoin Hash Rate Dominance Shifts To US Mining Pools, China Still Leads
- Bitcoin mining activity is shifting to the United States, though Chinese miners still dominate.
- Chinese Bitcoin mining pools currently control 55% of all Bitcoin hash rates, while US-based pools control 40%.
- The shift in hash rate dominance coincides with the Chinese government's crackdown on crypto mining activity in May 2021.
- Favorable regulations and the pro-crypto stance in the United States have led to a boom in crypto mining activity.
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Hackernoon
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370
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How Diddy's Arrest Shed Light on Bitcoin's Shady "Stepbrother" Darkcoin
- Diddy's arrest sheds light on Bitcoin's shady 'stepbrother' Darkcoin
- Jaguar Wright claims Diddy is selling tapes on the Dark Net to avoid trial
- Bitcoin transactions are public and traceable, providing limited privacy
- Darkcoin offers greater anonymity than Bitcoin, making it difficult to trace payments
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Newsbtc
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Polkadot Stalls Below $4.5 Even After Agile Coretime Launch: What’s Going On?
- Polkadot (DOT) is still trading below $4.5 despite the broader market recovery.
- DOT is struggling to break resistance at $4.5, which could trigger a wave of demand.
- The recent introduction of Agile Coretime by Polkadot developers has not improved DOT's performance.
- DOT's future performance depends on the overall market sentiment and the performance of Bitcoin and Ethereum.
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Bitcoinist
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Bitcoin Dominance ‘Hinting At Possible Dip To 47%’ – Altseason On The Horizon?
- Bitcoin has surged past $62,000 after the Federal Reserve's interest rate cut.
- Analysts suggest Bitcoin dominance may decrease, leading to a potential altseason.
- BTC testing key resistance levels, indicating a possible shift in momentum.
- Investors preparing for a lucrative period as altcoins may outperform BTC.
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Pymnts
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297
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Alchemy Pay Integrates Crypto Card With Google Pay for Faster, More Secure Payments
- Alchemy Pay's Virtual Card now supports Google Pay, allowing users to make faster and more secure payments.
- The integration of the crypto card with Google Pay enables users to complete everyday transactions quickly and securely.
- Alchemy Pay's new card bank identification numbers (BINs) expand the card's payment capabilities and improve transaction success rates.
- Alchemy Pay plans to integrate its crypto card with Apple Pay and Samsung Pay as well.
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Hackernoon
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The Great Hijacking of the Bitcoin Revolution Has Begun
- The Bitcoin whitepaper states that Bitcoin is a 'Peer-to-Peer Electronic Cash System'.
- However, some in the industry want to turn Bitcoin into a simple SoV integrated within the current system.
- This would make Bitcoin unable to bring the benefits of its revolution to humanity.
- Michael J. Saylor continues to accumulate BTC with MicroStrategy without seeking to advance the Bitcoin revolution.
- MicroStrategy has no intention of using its mountain of BTC to develop a circular economy based on the Bitcoin system.
- All these players are reclaiming their position as middlemen, which was denounced by Satoshi Nakamoto.
- Mastercard is preparing to offer cryptocurrency payments, but this will integrate Bitcoin into the current system.
- Bitcoin was created to solve the problem of trust in the banking system and bank fees that make micropayments impossible.
- All these financial giants are constantly showing charts on the evolution of the Bitcoin price to get you to consider Bitcoin as a simple SoV.
- The narrative is constructed in such a way as to lock you into the current system to give these players time to block more and more BTC.
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Bitcoinist
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429
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Crypto Pundit Forecasts The Next Steps For Bitcoin And It’s Very Bullish
- Renowned crypto analyst Willy Woo has offered an optimistic outlook for Bitcoin’s next steps, drawing attention to the Puell Multiple indicator.
- The Puell Multiple compares the daily issuance of BTC to its price, helping identify market cycle peaks and troughs.
- According to Woo's analysis, Bitcoin is now nearing the perfect spot for accumulation after the most recent halving in April 2024.
- With a recognizable 'bull flag' pattern and increased accumulation, the outlook for Bitcoin's price rally in the fourth quarter is compelling.
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Cryptonews
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BlackRock Cites Runaway US Debt, Touts Bitcoin as a Viable Solution
- BlackRock describes Bitcoin as a unique diversifier with strong returns and low correlation to traditional financial risks.
- BlackRock raises concerns about the $35 trillion US debt and suggests Bitcoin as a potential safeguard for investors.
- CEO Larry Fink highlights the need for economic growth to manage deficits and hints at Bitcoin as part of the solution.
- BlackRock's move into Bitcoin, including SEC-approved options trading for their IBIT fund, indicates a broader acceptance and integration of digital assets.
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Crypto-News-Flash
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BTC News: The Bold AI and Bitcoin Masterplan from Elon Musk and El Salvador’s Bukele
- Elon Musk and El Salvador's President, Nayib Bukele, had a meeting at Tesla headquarters.
- They discussed the potential collaboration and future of AI and Bitcoin.
- El Salvador's adoption of Bitcoin as legal tender has seen significant growth.
- The meeting suggests ambitious goals for AI and Bitcoin in shaping the future of finance.
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Pymnts
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384
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Travala Integrates Solana Blockchain With Crypto Travel Platform
- Cryptocurrency-native travel platform Travala has integrated the Solana blockchain network.
- Travala will add SOL travel rewards as an option for loyalty program members and deploy its AVA token on Solana.
- Solana users can make travel bookings using assets on the Solana network, including SOL currency, USDT, and USDC.
- Travala.com supports more than 100 cryptocurrencies, and the integration allows users to make zero-fee transactions when booking travel.
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