Month: October 2024

Bitcoin drops listed below $59K as Fed may stop briefly rate cuts in November
Daily Crypto News

Bitcoin drops listed below $59K as Fed may stop briefly rate cuts in November

Bitcoin Home” Bitcoin” Bitcoin drops listed below $59K as Fed may stop briefly rate cuts in November by Estefano Gomez Oct. 10, 2024 Fed’s Bostic signals possible time out in rate cuts as Bitcoin topples, dropping 4% in the previous 24 hours. Author: Christopher Aluka Berry Secret Takeaways Bitcoin’s cost fell listed below $59K after…

Crypto’s $1 Billion Involvement in 2024 Elections Reshapes United States Politics
Daily Crypto News

Crypto’s $1 Billion Involvement in 2024 Elections Reshapes United States Politics

The 2024 United States elections are seeing extraordinary levels of crypto participation, with over $1 billion funneled into the procedure. This marks a substantial boost from previous cycles. Crypto-related activities such as political contributions, crypto wagering, PolitiFi tokens, and NFT sales have actually risen, eclipsing the level of crypto involvement seen in earlier elections. Crypto…

AFP Decodes Seed Phrase, Seizes $9.3 M in Crypto from Ghost Mastermind
Daily Crypto News

AFP Decodes Seed Phrase, Seizes $9.3 M in Crypto from Ghost Mastermind

The Australian Federal Police-led Criminal Assets Confiscation Taskforce (CACT) has actually effectively taken $9.3 million in cryptocurrency as part of a wider criminal examination targeting the mastermind behind Ghost. For the inexperienced, Ghost is an encrypted interaction platform utilized for criminal activities. According to the main AFP news release, a 32-year-old male from Narwee was…

Aethir establishes $100M fund for AI and video gaming developments
Daily Crypto News

Aethir establishes $100M fund for AI and video gaming developments

Community Home” Ecosystem” Aethir establishes $100M fund for AI and video gaming improvements by Estefano Gomez Oct. 10, 2024 Grant program intends to support over 100 tasks, using sponsorship and GPU resources. Aethir Ecosystem Secret Takeaways Aethir Catalyst consists of a $20 million grant program to support tech start-ups. The fund will release 336 million…

Sam Bankman-Fried Appeals Conviction, Says Trial Was Unfair and Biased
Daily Crypto News

Sam Bankman-Fried Appeals Conviction, Says Trial Was Unfair and Biased

On September 13, FTX creator Sam Bankman-Fried (SBF) submitted an interest reverse his last November conviction on scams and conspiracy charges. In a 102-page filing, SBF’s legal group argued the trial was unreasonable, calling it a “sentence initially, decision later” scenario. They declared the judgment was hurried and prejudiced. SBF’s Legal Team Claims He Was…

Ripple (XRP) ETF en route? Bitwise Steps Up with Delaware Filing
Daily Crypto News

Ripple (XRP) ETF en route? Bitwise Steps Up with Delaware Filing

Crypto possession supervisor Bitwise has actually formally applied for an XRP exchange-traded fund (ETF) in Delaware. It marks a significant action in the push towards institutional-level financial investment in Ripple’s native cryptocurrency. Bitwise CIO Says Filing is Genuine Fox Business press reporter Eleanor Terrett required to X on October 1 to break the news that…

Bitnomial files suit versus SEC, challenges its claim that XRP futures are securities
Daily Crypto News

Bitnomial files suit versus SEC, challenges its claim that XRP futures are securities

Policy Home” Regulation” Bitnomial files suit versus SEC, challenges its claim that XRP futures are securities by Vivian Nguyen Oct. 11, 2024 Bitnomial’s claim might set precedent for crypto derivatives guideline. Secret Takeaways Bitnomial lawfully difficulties SEC’s category of XRP as a security. Federal court’s previous judgment on XRP opposes SEC’s present claims. Share this…

Indiana Man Pleads Guilty to Stealing $37M in Cryptocurrency from Nearly 600 Victims
Daily Crypto News

Indiana Man Pleads Guilty to Stealing $37M in Cryptocurrency from Nearly 600 Victims

A 21-year-old male from Lebanon, Indiana, has actually confessed to arranging a significant cryptocurrency theft, taking over $37 million from almost 600 victims worldwide. Evan Frederick Light appeared before U.S. Magistrate Judge Veronica Duffy on September 30, 2024, where he pleaded guilty to Conspiracy to Commit Wire Fraud and Conspiracy to Launder Monetary Instruments. The…

MicroStrategy stock skyrockets 10% as it pursues Bitcoin bank aspirations
Daily Crypto News

MicroStrategy stock skyrockets 10% as it pursues Bitcoin bank aspirations

Bitcoin Home” Bitcoin” MicroStrategy stock skyrockets 10% as it pursues Bitcoin bank aspirations by Vivian Nguyen Oct. 11, 2024 MicroStrategy’s tactical acquisitions improve its Bitcoin holdings to $15 billion. Secret Takeaways MicroStrategy’s stock cost leapt by 10% after it exposed its strategies to end up being a Bitcoin bank. Saylor imagines MicroStrategy as a leading…

Requirement Chartered Highlights Good Buying Bitcoin Opportunities as BTC Falls Toward $60K
Daily Crypto News

Requirement Chartered Highlights Good Buying Bitcoin Opportunities as BTC Falls Toward $60K

Bitcoin (BTC) deals with the danger of falling listed below its existing level of $60,000 in the coming hours due to intensifying geopolitical stress in the Middle East. Experts at British international bank Standard Chartered stated in a note accessed by The Block that the possibilities of BTC decreasing even more are high; nevertheless, financiers…