Spot Bitcoin ETF inflows can have a delayed effect on the BTC price, which takes a couple of days to materialize, according to market analysts. The Bitcoin price remains unable to cross the $70,000 mark, despite last week’s record milestone for spot Bitcoin exchange-traded funds (ETFs). On Oct. 17, the US-based spot Bitcoin (BTC) ETFs...Continue Reading

Bitcoin achieves its highest weekly close in four months as BTC price predictions see $70,000 and more after a support retest. Bitcoin (BTC) kickstarts the return of “Uptober” with its best weekly close in nearly five four months and a return to $69,000. A last-minute push sealed a weekly close to be proud of for...Continue Reading

The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms. The Bitcoin hashrate has reached a new all-time high, showcasing the growing security of the world’s first blockchain network. The Bitcoin network hashrate — the sum total computing power securing the Bitcoin network — reached...Continue Reading

The tax cut down to 20% is part of Democratic Party for the People leader Yuichiro Tamaki’s broader plan to make Japan a Web3 leader. Japan’s Democratic Party for the People (DPP) leader Yuichiro Tamaki has proposed a crypto tax plan that would lower tax crypto gains to 20% if he gets elected.  “If you...Continue Reading

High open interest signals more leverage, which could induce another flush-out if positions are liquidated.  Open interest on Bitcoin derivatives has reached a record high as BTC came close to breaching the $70,000 price point on Oct. 21.  In a post on X on Oct. 21, CoinGlass reported that Open Interest (OI) on Bitcoin futures...Continue Reading

The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits. A recent research paper by the Federal Reserve Bank of Minneapolis has suggested that assets such as Bitcoin would need to be taxed or banned for governments to maintain deficits.  In an...Continue Reading

Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether. Ethereum co-creator Vitalik Buterin has pitched several solutions to help Ethereum minimize block production and staking centralization through the “Scourge” phase of Ethereum’s technical roadmap. In an Oct. 20 post, Buterin shared concern that economies-of-scale...Continue Reading

DeFi protocol Tapioca DAO said it was hacked for $4.7 million, now its offering its attacker a “significantly higher” bounty to try get most of the funds back. The Tapioca Foundation has offered a $1 million bounty to an attacker who stole $4.7 million from its decentralized finance protocol in what it has called a...Continue Reading

The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins.  Payment processing giant Stripe has reportedly acquired stablecoin platform Bridge in a $1.1 billion deal, according to TechCrunch founder Michael Arrington. The deal had been in “advanced stages” from at least Oct. 17, according to reports at the time, which...Continue Reading

Founders and entrepreneurs need to stick to their guns if they want to make a difference in the industry. People have always told stories to make sense of the world. Life is complicated, and we develop narratives to help explain it. And while the crypto sector is built around breakthrough innovations and farsighted vision, it...Continue Reading