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October 16, 2024
Financial markets could drive a significant part of the sector’s growth above $10 trillion, potentially reshaping investing and asset ownership by 2030. The real-world asset (RWA) tokenization sector has had a breakout year in 2024, paving the way for significant growth through the end of the decade. The RWA tokenization sector could see a more...
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After the latest $630,000 transfer, the Bitcoin whale has now sent $5.47 million worth of Bitcoin to Kraken in the last two months.  A large Bitcoin holder who mined the cryptocurrency just five days after the genesis block was created in 2009 — and hadn’t touched it until recently — has transferred another $630,000 to...
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John Deaton, a Republican candidate for a Massachusetts US Senate seat, slammed incumbent Senator Elizabeth Warren in their first debate for building an “anti-crypto army.” Senator Elizabeth Warren and crypto lawyer John Deaton exchanged blows over crypto policy in their first debate of the race for a seat as a United States senator from Massachusetts....
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Bitcoin’s market share neared 60%, hitting its highest level since April 2021, while altcoins saw muted gains in the last 24 hours. Bitcoin’s market share has reached its highest level since April 2021 as the cryptocurrency’s price continues to climb amid a muted altcoin market.  Bitcoin’s dominance hit a three-and-a-half-year high of 58.77% during late...
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Phillip Martin told Cointelegraph that Coinbase has focused on educating lawmakers on crypto as they “make much better decisions” on regulation. Coinbase has been focused on educating the public and lawmakers to prevent misleading narratives about crypto’s links to illicit finance from resulting in “bad laws,” according to the crypto exchange’s security boss. ”Educated lawmakers...
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Salvadorans have expressed approval of President Nayib Bukele, but they’ve not exactly warmed to his adoption of Bitcoin as legal tender. Salvadorans haven’t warmed to their country’s adoption of Bitcoin as legal tender, with a recent survey finding that 92% don’t make transactions using the cryptocurrency.  Just 7.5% of respondents to an Oct. 10 survey...
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A token sale for the Donald Trump-backed World Liberty Financial has faltered, so far only reaching 3.4% of its goal to sell $300 million worth of tokens. The debut token sale for the Trump family’s crypto project World Liberty Financial has so far fallen flat, with the number of tokens sold reaching just over 3.4%...
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Praxis, a self-described internet-native alliance, said it received $525 million in funding to build a lesser-regulated tech-friendly city.  A project aiming to create a city with fewer regulations for crypto and artificial intelligence tech leaders claims to have received a $525 million funding pledge. Praxis, a self-described “internet-native alliance,” said on Oct. 15 it secured...
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Grayscale asked the SEC for permission to convert its $524 million fund tracking multiple cryptocurrencies — including Bitcoin, Ether and Solana — into an ETF. Crypto asset manager Grayscale has filed with the United States Securities and Exchange Commission to convert its $520 million fund that tracks multiple cryptocurrencies into an exchange-traded fund (ETF). The...
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Before the mass transfers, Tesla’s Bitcoin wallet had remained dormant since June 2022. Electric vehicle maker Tesla has transferred its entire Bitcoin stash worth over $765 million to several unknown wallets. Crypto wallets labeled as owned by Tesla moved virtually all of the company’s 11,500 Bitcoin (BTC) on Oct. 15 across 26 transactions, including test...
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