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November 2, 2023
Bitcoin is attempting to ditch the past week’s trading range, but longer timeframes reveal the potential for much more BTC price upside, predictions show. Bitcoin (BTC) has jumped to new 18-month highs — but holding its latest support is now key to avoid a “breakdown.” BTC/USD 1-week chart. Source: TradingView $35,000 decides Bitcoin range breakout...
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The ADGM’s new regulatory framework is the first of its kind in the world, it says. The free financial zone is already a hub of crypto activity. The Abu Dhabi Global Market (ADGM) Registration Authority has introduced comprehensive regulations governing Web3 organizations. The international financial free zone’s regulatory framework is “purpose-built” and the first of...
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The first Web2 game of the series to be bridged to Ronin is Zoids Wild Arena. On November 2, Sky Mavis, the developer behind the popular monster-battle nonfungible tokens (NFT) game Axie Infinity, announced a partnership with Korean gaming studio Act Games, to bring a variety of Japanese video game franchises to its native Ronin...
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The role demands candidates to have the ability to provide strategic and tactical advice to crypto investigations, among other investigative qualities. Reacting to the rising attempts by bad actors to dupe crypto investors, the United Kingdom’s National Crime Agency (NCA) plans to form a specialized cryptocurrency and digital assets team to counter the issue. The...
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Investors will likely see Bitcoin surge even more when a spot Bitcoin ETF is approved, but other factors are needed for the rally to sustain, warn analysts. While the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will likely spike the price of Bitcoin, some analysts are concerned it won’t be enough to fully...
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Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal. The Hong Kong government says the recent $165 million alleged scandal involving crypto exchange JPEX won’t  stifle its Web3 vision for the region. In a Nov. 2 keynote at...
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Elon Musk argued that NFT projects “should at least encode the JPEG in the blockchain,” to the delight of many Bitcoiners. While publicly mocking non-fungible token (NFTs) during a podcast, Tesla CEO and billionaire Elon Musk appears to have inadvertently highlighted the case for Bitcoin Ordinals, also known as Bitcoin NFTs. “The funny thing is...
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Solana’s scaling solution Firedancer is seen as a long-term solution to the blockchain’s once-frequent outages. Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the testnet launch of the blockchain’s loawaited scaling solution Firedancer. SOL reached over $41 on Nov. 2 touching highs it hasn’t...
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Michael Saylor founded MicroStrategy has bought 6,067 Bitcoin since the start of the third quarter. Business intelligence firm MicroStrategy has notched a paper gain of $900 million on its stack of 158,400 Bitcoin, spurred by optimism over the potential approval of spot Bitcoin exchange-traded funds. The Michael Saylor-founded firm added 6,067 Bitcoin (BTC) since the third quarter,...
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Led by Chairman Jerome Powell, the Federal Reserve has halted the rise of interest rates. Will it be enough to fuel the surging market through Christmas? Historically, a Santa rally happens in the weeks leading up to Christmas when a collective sense of goodwill bleeds into equity markets. This is typically a seasonal blip and...
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