Large surges in spot Bitcoin ETF inflows have historically been “followed by bearish price movements,” leading one analyst to warn that a price decline could follow. Spot Bitcoin (BTC) exchange-traded funds (ETFs) within the United States have grabbed a significant amount of inflows in recent times, and analysts are concerned that it may lead to...Continue Reading

Despite this week’s Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming. Bitcoin’s (BTC) price has swiftly recovered above $67,000, moving by 3% after dropping to a low of $65,200. Despite the recent drawdown, the metric tracking long-term Bitcoin...Continue Reading

According to the current Polymarket US election odds, former President Trump is favored to win all six US swing states. Spokespeople for Polymarket claim to have identified the whale responsible for $28 million in pro-Trump trading positions as one unnamed French citizen with a seasoned background in finance and trading. According to a piece in...Continue Reading

The Department of Divine Shitposting helps seed a new mind virus around AI-created religions, and academics claim AI is in a bubble. You may have heard the insane tale of a $660 million memecoin called Goatseus Maximus, which was shilled to the world by a shitposting AI called Terminal of Truths (TT).  The LLM was...Continue Reading

MetalCore will use Solana Labs’ GameShift platform, which incorporates a storefront and payment systems for in-game purchases. Game development company Studio369 is moving its mech shooter title MetalCore to the Solana blockchain.  According to an Oct. 24 announcement, the migration seeks to enhance gamers’ experience with faster transactions onchain. The Solana blockchain is currently processing...Continue Reading

Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing. Prosecutors said former FTX engineering director Nishad Singh, who pleaded guilty and cooperated with authorities, provided “substantial assistance” to the United States government, hinting the judge should be lenient at sentencing. In an...Continue Reading

The RWA market can overcome its current challenges with blockchain and decentralized oracles. The growing popularity of real-world assets (RWAs) in the blockchain space presents a natural overlap between traditional finance (TradFi) and decentralized finance (DeFi).  Still, for RWAs to gain mainstream adoption and expand access to new investment classes, the industry must overcome a...Continue Reading

The open letter emphasized how clear regulatory frameworks can ensure the US remains competitive while safeguarding consumers and addressing illicit activity. Amid rising political and market tensions, blockchain firm Consensys has issued an open letter to the future United States president requesting clear and supportive regulations for cryptocurrencies and Web3. The letter, published on Oct....Continue Reading

After eight months’ detainment in Nigeria and court delays, Binance’s head of financial crime compliance, Tigran Gambaryan, is heading home for medical treatment. Tigran Gambaryan, a Binance executive initially charged with tax and money laundering charges in Nigeria, has left the country after eight months in detention. In a statement to Cointelegraph, a family spokesperson...Continue Reading

Memecoins have surged in popularity, outpacing Bitcoin in both search interest and market gains, but how long the trend will last is unclear. Memecoins are dominating the news cycle over their significant volatility and growing influence in the crypto ecosystem. Memecoin search interest has been rising, while search volume for the term “Bitcoin” on Google...Continue Reading