Uptober sees 11% Bitcoin price spike as traders ponder nuclear rally Bitcoin traders are feeling bullish about a potential “nuclear” rally amid rumors of over-the-counter exchanges “running short of Bitcoin.” Markets News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin’s price clocked an 11% gain in October. While it hasn’t matched the performances of some previous Octobers,…
MicroStrategy’s stock price dropped after its Q3 earnings missed estimates, while an analyst forecasts more potential volatility after the US elections. Shares in MicroStrategy dropped around 5.9% after the firm’s third-quarter earnings fell slightly short of consensus estimates, while an analyst warns the stock could be in for additional headwinds after the United States election,…
Russia’s plan to build out Bitcoin mining in other countries could inspire other nations to do the same domestically. Russia’s plans to construct Bitcoin mining and AI computing facilities in BRICS nations could inspire other nations to tap into state-owned resources to mine Bitcoin, says an industry analyst. “Game theory is now in motion,” Nico…
Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund’s preemptive lawsuit against the SEC. News COINTELEGRAPH IN YOUR SOCIAL FEED Crypto firms and organizations have been filing supporting briefs in a lawsuit filed by a Texas apparel company and the DeFi Education Fund (DEF) against the…
Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since. A new disappearing statue honoring Bitcoin founder Satoshi Nakamoto, which was unveiled in Lugano, Switzerland, on the weekend, took 18 months of study and three months to build, says the artist behind the new work. Valentina…
1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee’s legacy to shift public perception of cryptocurrencies. 1inch, a decentralized finance (DeFi) platform, has partnered with the Bruce Lee Family Company to promote DeFi adoption through the “Take crypto seriousLee” campaign. The collaboration aims to…
Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week. The United States spot Bitcoin exchange-traded funds (ETF) are set to scoop up its one-millionth Bitcoin as soon as this week as traders gear up for potential crypto tailwinds in November. These…
Chinese chip manufacturer Xiamen Sophgo has denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor Manufacturing Company. Chinese chip designer Xiamen Sophgo a firm with links to Bitmain has denied any business relationship with Huawei, after Taiwan Semiconductor Manufacturing Company (TSMC) cut dealings with it following a United States probe…
Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with now he’s asking for an appeals court to decide who is right. The promotor of Green United, accused of taking part in an $18 million crypto mining fraud scheme, is vying to appeal his case, arguing the…
The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem. Opinion COINTELEGRAPH IN YOUR SOCIAL FEED Central bankers are claiming that Bitcoin BTC$67,151 is unfair. In doing so, they’re laying the foundation for high tax rates on Bitcoin from mining to capital gains taxes — and…
