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Showing posts from October, 2024

Upcoming economic events 1 November 2024

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Upcoming economic events 1 November 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsBuilding Approvals (MoM) (Sep)1.9%-6.1%00:302 pointsHome Loans (MoM) (Sep)---------0.7%00:302 pointsPPI (YoY) (Q3)---------4.8%00:302 pointsPPI (QoQ) (Q3)0.7%1.0%01:452 pointsCaixin Manufacturing PMI (Oct)49.749.312:302 pointsAverage Hourly Earnings (YoY) (YoY) (Oct)4.0%4.0%12:303 pointsAverage Hourly Earnings (MoM) (Oct)0.3%0.4%12:303 pointsNonfarm Payrolls (Oct)108K254K12:302 po... Coinatory news

Australian Police Leverage New Laws to Seize $142K in Crypto

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Australian Police Leverage New Laws to Seize $142K in Crypto In a pioneering move under new seizure powers, Victoria Police have confiscated $142,679.10 in cryptocurrency this year, marking a significant milestone in Australia’s crackdown on crypto-related crime. This first-of-its-kind asset seizure follows updates to the Confiscation Act 1997, enacted in August 2023, granting law enforcement immediate control over digital assets once discovered during investigations. The legislation now enables Victor... cryptonews today

Key Threshold for Bitcoin's New ATH: Analyst Highlights $70K as Crucial

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Key Threshold for Bitcoin's New ATH: Analyst Highlights $70K as Crucial Renowned cryptocurrency analyst Michaël van de Poppe recently shared a crucial insight into Bitcoin's trajectory, pinpointing a key level the leading cryptocurrency must sustain to potentially push toward a new all-time high (ATH). Using a chart for visual clarity, van de Poppe, widely followed on Crypto X as “@CryptoMichNL,” emphasized the $70,000 threshold as pivotal for Bitcoin’s upward momentum. BTC’s $70,000 "Party Time" Threshold Acc... cryptonews

Earn Rewards with SMILE Launchpool on Bybit: Stake USDT or MNT

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Earn Rewards with SMILE Launchpool on Bybit: Stake USDT or MNT Bybit Launchpool is thrilled to introduce SMILE, the utility token of SMILE Nation! Event Period: Oct 31, 2024, 10AM UTC – Nov 5, 2024, 10AM UTC Join the event by staking USDT or MNT to earn a share of 2,100,000 SMILE tokens—free of charge! Step-by-Step Guide: If you don't have a Bybit account. You can register here Go to website Stake your assets (USDT or MNT) Also you can open your Bybit app -> Find "Launchpool" -> ... Coinatory news

Kraken Joins Crypto Industry Layoffs with 15% Workforce Reduction

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Kraken Joins Crypto Industry Layoffs with 15% Workforce Reduction In a move reflecting widespread retrenchment across the crypto sector, San Francisco-based Kraken has announced layoffs impacting 15% of its workforce. According to sources cited by The New York Times, this decision aligns Kraken with other major players, including ConsenSys and DYDX, that have also cut staff in recent weeks. Kraken's recent leadership change with the appointment of Arjun Sethi, Tribe Capital co-founder, as co-CEO accompanies... Coinatory crypto news

Upcoming economic events 31 October 2024

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Upcoming economic events 31 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsRetail Sales (MoM) (Sep)0.3%0.7%01:302 pointsChinese Composite PMI (Oct)---------50.401:303 pointsManufacturing PMI (Oct)50.049.801:302 pointsNon-Manufacturing PMI (Oct)50.550.002:302 pointsBoJ Monetary Policy Statement------------------03:002 pointsBoJ Outlook Report (YoY) ------------------03:003 pointsBoJ Interest Rate Decision0.25%0.25%06:302 pointsBoJ Press Conference--------... crypto news today

Stablecoin Issuers Hold $120B in T-Bills, Says U.S. Treasury

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Stablecoin Issuers Hold $120B in T-Bills, Says U.S. Treasury The U.S. Treasury’s recent fiscal report revealed that stablecoin issuers now collectively hold approximately $120 billion in U.S. Treasury Bills (T-Bills), underscoring the crypto sector's rising integration into traditional finance. This trend, driven by increasing blockchain adoption and the need for more stable assets within the cryptocurrency market, reflects a broad shift towards stablecoins like Tether (USDT) and Circle’s USD Coin (USDC) ... cryptonews today

Hong Kong to Greenlight More Crypto Exchange Licenses by Year-End

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Hong Kong to Greenlight More Crypto Exchange Licenses by Year-End Hong Kong's Securities and Futures Commission (SFC) announced plans to authorize additional cryptocurrency exchange licenses before the year ends, emphasizing strict compliance standards. The regulatory body issued a licensing framework requiring exchanges to meet benchmarks on anti-money laundering (AML) measures, investor protections, and secure asset custody. Following an extensive five-month inspection, the SFC noted that some digital ass... Coinatory

BlackRock Bitcoin ETF Sees Record Volume Amid FOMO Surge

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BlackRock Bitcoin ETF Sees Record Volume Amid FOMO Surge BlackRock’s Bitcoin exchange-traded fund (IBIT) saw its daily trading volume spike to $3.35 billion on Oct. 29, marking its highest level in over six months. The surge, fueled by what appears to be "panic buying," comes as Bitcoin inches toward its all-time high. Bloomberg ETF analyst Eric Balchunas, citing the dramatic increase in trading volume, confirmed the widespread "FOMO" (fear of missing out) among investors. In an Oct. 29 post, Balch... Coinatory cryptocurrency news

Bhutan Transfers $66M in Bitcoin to Binance, Signaling Strategic Shift

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Bhutan Transfers $66M in Bitcoin to Binance, Signaling Strategic Shift The Kingdom of Bhutan has taken a significant step in its crypto strategy, transferring Bitcoin to a centralized exchange for the first time since July 1. Blockchain analytics firm Arkham confirmed that Bhutan’s government moved 929 BTC—worth over $66 million—to a Binance deposit address on Oct. 29. This move slightly reduces Bhutan’s sizable cryptocurrency holdings. The transfer began with an initial 100 BTC, approximately $7.3 million, in w... Coinatory cryptocurrencies news

Bitcoin Miners Eye Earnings Amid Market Shifts; Analyst Flags Buying Opportunity

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Bitcoin Miners Eye Earnings Amid Market Shifts; Analyst Flags Buying Opportunity In a recent report from H.C. Wainwright & Co., analysts highlighted a mixed Q3 performance for Bitcoin mining firms, with volatile Bitcoin prices, regulatory shifts, and the looming April 2024 Bitcoin halving shaping the sector's outlook. Despite the challenges, analysts suggest that the mining sector may present a near-term buying opportunity for investors. Throughout Q3 2024, Bitcoin’s price fluctuations—driven by U.S. economic concerns... cryptocurrency news today

Upcoming economic events 30 October 2024

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Upcoming economic events 30 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsCPI (YoY) (Q3)2.3%3.8%00:302 pointsCPI (QoQ) (Q3)0.3%1.0%00:302 pointsTrimmed Mean CPI (QoQ) (Q3)0.7%0.8%10:002 pointsGDP (YoY) (Q3)0.8%0.6%10:002 pointsGDP (QoQ) (Q3)0.2%0.2%12:153 pointsADP Nonfarm Employment Change (Oct)101K143K12:302 pointsCore PCE Prices (Q3)---------2.80%12:303 pointsGDP (QoQ) (Q3)3.0%3.0%12:302 pointsGDP Price Index (QoQ) (Q3)2.0%2.5%14:002 pointsPending Ho... crypto news

How Microsoft’s Bitcoin Buy Vote Could Influence BTC Prices

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How Microsoft’s Bitcoin Buy Vote Could Influence BTC Prices In a recent regulatory filing, Microsoft Corp. (MSFT) disclosed that a proposal for Bitcoin investment will be on the agenda at its Dec. 10 shareholder meeting. While Microsoft’s board has recommended voting against the proposal, the discussion has sparked interest as it raises the possibility of a major corporate Bitcoin investment. Microsoft’s Cash Reserves and Potential Bitcoin Impact As of Q2 2024, Microsoft reported cash reserves tota... cryptocurrency news today

Satoshi-Era Bitcoin Wallets Reactivate Amid New BTC Price Surge

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Satoshi-Era Bitcoin Wallets Reactivate Amid New BTC Price Surge Prominent blockchain analytics platform Whale Alert has tracked three long-dormant Bitcoin wallets reawakening after years of inactivity. Notably, one of these wallets was last active in 2010, a pivotal year in Bitcoin’s history when its anonymous creator, Satoshi Nakamoto, left the project in the hands of the community. Each of these wallets, dormant for over a decade, came back online in the last 48 hours as Bitcoin’s price surged past $71,... crypto news today

Unlock the Latest Airdrop Task with Xion: Join EarnOS!

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Unlock the Latest Airdrop Task with Xion: Join EarnOS! Join EarnOS and start earning rewards as you explore new brands and products! Invite friends to boost your EarnOS Points (EP) and rise up the leaderboard. Once you've earned at least 10 testnet USDC on xion.earnos.io, you can mint your own NFT (note: mission verification may take up to 48 hours).Experience the future of digital advertising, where Web3 technology meets the smooth feel of Web2. Also, don't forget to check our previous post abou... crypto news

Phantom Wallet Faces Downtime Amid GRASS Airdrop Frenzy

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Phantom Wallet Faces Downtime Amid GRASS Airdrop Frenzy Phantom Wallet, a widely used Solana-based Web3 wallet, reported service disruptions on October 28, 2024, amid a surge in demand due to the GRASS token airdrop. The wallet’s team informed users on social media platform X that they were experiencing an “uptime incident,” affecting certain functionalities. Users requiring immediate transactions were advised to turn to decentralized applications (dapps) to bypass the temporary downtime. The wall... Coinatory news

Chiliz CSO Challenges Vitalik Buterin's Decentralization Strategy for Ethereum

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Chiliz CSO Challenges Vitalik Buterin's Decentralization Strategy for Ethereum Chiliz's Chief Strategy Officer Max Rabinovitch recently weighed in on Ethereum co-founder Vitalik Buterin's proposals to address centralization issues within Ethereum’s validator structure, expressing doubts about their broader applicability. While Buterin’s approach aims to curb validator centralization by reducing entry barriers and capping rewards, Rabinovitch argues that these strategies cater specifically to Ethereum's unique ecosystem and... cryptonews

Upcoming economic events 29 October 2024

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Upcoming economic events 29 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious12:302 pointsGoods Trade Balance (Sep)-96.10B-94.22B12:302 pointsRetail Inventories Ex Auto (Sep)---------0.5%13:002 pointsS&P/CS HPI Composite - 20 n.s.a. (MoM) (Aug)---------0.0%13:002 pointsS&P/CS HPI Composite - 20 n.s.a. (YoY) (Aug)4.6%5.9%14:003 pointsCB Consumer Confidence (Oct)99.298.714:003 pointsJOLTS Job Openings (Sep)7.920M8.040M14:302 pointsAtlanta Fed GDPNow3.3%3.3%17:002... cryptonews today

RD InnoTech Partners with HashKey to Launch HKDR Stablecoin on Ethereum

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RD InnoTech Partners with HashKey to Launch HKDR Stablecoin on Ethereum Hong Kong-based RD InnoTech, a subsidiary of RD Technologies Group, has announced plans to launch its HKDR stablecoin on the Ethereum blockchain, with a strategic partnership involving HashKey Exchange. Aiming to enhance compliance and efficiency in cross-border transactions, this initiative marks a significant step for the company as it seeks to establish HKDR as a trusted digital asset for international payments. According to an Oct. 28 pre... Coinatory

US Political Shifts Spark $901M Inflows into Crypto Funds

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US Political Shifts Spark $901M Inflows into Crypto Funds In October, crypto investment products saw a remarkable $901 million in inflows, the fourth-largest on record, representing 12% of total assets under management, according to CoinShares. This influx brings the year-to-date total to $27 billion, nearly tripling the 2021 record of $10.5 billion. James Butterfill, head of research at CoinShares, notes that U.S. political dynamics, particularly rising Republican polling gains, have likely fueled ... crypto news today

Join Navigate Airdrop: $7.6M-Backed Web3 Data Platform

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Join Navigate Airdrop: $7.6M-Backed Web3 Data Platform Navigate is the first Web3-native big data platform designed to decentralize and gamify the collection of training data. Its mission? To create a decentralized intelligence platform where people can earn from the valuable data they produce every day. The project is currently in a very early stage. Now is the best time to start getting actively involved. Investments in the project: $7,6M Step-by-Step Guide: Firstly, go to website ... Coinatory crypto news

Why Solana Isn’t Ready to Be Blockchain’s Global Backbone

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Why Solana Isn’t Ready to Be Blockchain’s Global Backbone Solana lacks the foundational structure to serve as the core infrastructure for a "new" global financial system, according to Ethereum community member and blockchain developer Ryan Berckmans. While Solana initially championed a monolithic approach, it has gradually embraced Layer 2 (L2) solutions, now referring to them as “Network Extensions” instead of traditional L2s. Berckmans argues this rebranding highlights Solana's evolving stance toward... Coinatory cryptocurrency news

Upcoming economic events 28 October 2024

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Upcoming economic events 28 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious15:302 points2-Year Note Auction---------3.520%17:002 points5-Year Note Auction---------3.519%19:452 pointsECB's De Guindos Speaks------------------ Summary of Upcoming Economic Events on October 28, 2024 US 2-Year Note Auction (15:30 UTC): The US Treasury auctions 2-year government notes. Previous yield: 3.520%. Higher yields may indicate increased borrowing costs or inflation expectat... Coinatory cryptocurrency news

Peter Schiff Warns of "Trump Dump" Impact on Bitcoin

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Peter Schiff Warns of "Trump Dump" Impact on Bitcoin Economist and long-time gold advocate Peter Schiff has reiterated his skepticism about bitcoin, cautioning investors about a potential downturn he calls the "Trump dump." In a post on social media platform X on October 22, Schiff pointed to bitcoin's divergence from the gains seen across other Trump-related assets such as stocks and real estate, noting that this may signal weakness in the cryptocurrency's near-term prospects. "The Trump trade... cryptocurrency news Coinatory

Why Bitcoin Could Become the Next Global Reserve Asset

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Why Bitcoin Could Become the Next Global Reserve Asset A new paper from the Bitcoin Policy Institute, The Case for Bitcoin as a Reserve Asset, suggests that central banks should consider Bitcoin as a reserve asset alongside gold. As of Q1 2024, central banks globally hold approximately $2.2 trillion in gold, a number that continues to grow. However, the paper argues that Bitcoin offers unique advantages, particularly as a hedge against inflation, geopolitical instability, capital controls, sovereign... Coinatory

U.S. Bitcoin ETF Inflows Surpass $3B in October, Demand Hits Six-Month High

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U.S. Bitcoin ETF Inflows Surpass $3B in October, Demand Hits Six-Month High U.S. Spot Bitcoin ETFs See Unprecedented $3B Inflows Amid Heightened Retail Demand October has proven a record-setting month for U.S. spot Bitcoin exchange-traded funds (ETFs), which have drawn in over $3 billion in net inflows, driven by the strongest demand seen in six months. Weekly inflows have been robust, with more than $1 billion streaming into the 12 Bitcoin ETFs over the past week alone. BlackRock’s IBIT, the leading ETF by net asset... U.S. Bitcoin ETF Inflows Surpass $3B in October, Demand Hits Six-Month High Coinatory

Michael Saylor Suggests Bitcoin Strategy for Microsoft’s ‘Next Trillion Dollars’

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Michael Saylor Suggests Bitcoin Strategy for Microsoft’s ‘Next Trillion Dollars’ Michael Saylor advocates for Microsoft to add Bitcoin to its balance sheet, projecting a path to the “next trillion dollars” for MSFT shareholders. In a recent post on X (formerly Twitter), Michael Saylor, co-founder and executive chairman of MicroStrategy, appealed to Microsoft (NASDAQ: MSFT) CEO Satya Nadella, suggesting Bitcoin as a strategic asset to drive Microsoft’s next significant growth phase. Saylor’s post included a proposal from t... cryptonews today

Mantle & OKX Campaign: Play and Win up to 100,000 MNT

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Mantle & OKX Campaign: Play and Win up to 100,000 MNT Dive into the Mantle & OKX Campaign! Try out 10 fun mini-games on Telegram, complete engaging tasks, and earn rewards from a prize pool of over 100,000 MNT. Join the adventure, enjoy the games, and connect with the vibrant Mantle gaming community. Mantle TG Adventure Period: Oct 24, 2024 – Nov 7, 2024 Step-by-Step Guide: Download OKX Wallet Go to the website, where you can find all the necessary information. Next, complete th... Coinatory news

Crypto Hackers Return $19.3M to U.S. Government Wallets

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Crypto Hackers Return $19.3M to U.S. Government Wallets In an unusual display of retraction, hackers who breached U.S. government cryptocurrency wallets have returned $19.3 million—88% of the stolen funds—less than 24 hours after the initial heist. Hack and Return of Stolen Funds The incident began on October 24, when attackers compromised U.S. government wallets containing digital assets seized from past cybercrimes, including Bitcoin and Ethereum from high-profile cases like the $8 billion Bi... cryptonews

Tokenized Treasuries Like BlackRock's BUIDL May Challenge Stablecoins

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Tokenized Treasuries Like BlackRock's BUIDL May Challenge Stablecoins JPMorgan (JPM) states in a recent report that tokenized treasuries, despite their potential, are unlikely to fully replace stablecoins in the crypto ecosystem. While it is "conceivable" that tokenized treasuries might gradually replace some of the idle cash currently held within stablecoins, regulatory hurdles make a full replacement improbable. Tokenized treasuries, such as BlackRock's BUIDL, fall under securities classifications and thus fa... Coinatory cryptocurrencies news

Tether CEO Denies Allegations Amid U.S. Investigation and Potential Sanctions

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Tether CEO Denies Allegations Amid U.S. Investigation and Potential Sanctions Tether CEO Paolo Ardoino refuted recent reports of a U.S. investigation into Tether, the world’s largest stablecoin issuer, over possible breaches of anti-money-laundering (AML) and sanctions regulations. The alleged probe, led by Manhattan federal prosecutors, seeks to determine whether Tether’s USDT stablecoin was used to support illegal activities such as money laundering, drug trafficking, or terrorism financing, according to The Wall Str... Coinatory

Investor Rotation From Ethereum to Solana Fuels Rising Bearish Sentiment

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Investor Rotation From Ethereum to Solana Fuels Rising Bearish Sentiment Amid a significant shift from Ethereum (ETH) to Solana (SOL), Ethereum faces heightened bearish sentiment, with ETH/BTC ratios sinking to their lowest point in over three years. Over the past week, Solana surged nearly 17%, while Ethereum’s price held relatively steady, underscoring a possible pivot of interest toward alternative blockchains. The ETH/BTC trading ratio dropped to 0.037 on October 24, its weakest since April 2021, as Bitcoin re... cryptocurrency news today

The Most Affordable Way to Get $G Tokens for Galxe Quests!

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The Most Affordable Way to Get $G Tokens for Galxe Quests! Galxe, the largest platform for completing quests, has introduced new rules. Now, to complete tasks on the Galxe platform, we must have $G tokens on the Gravity Alpha Mainnet. To claim points or NFTs, we will use their native token. We’ll show you the most cost-effective way to purchase these tokens. Don't forget to check "Blum Confirmed Airdrop – “New Notcoin”" Step-by-Step Guide: Firstly, we need to add Gravity Alpha Mainnet to our M... Coinatory cryptocurrency news

Pennsylvania Legalizes Bitcoin Payments, Crypto Self-Custody

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Pennsylvania Legalizes Bitcoin Payments, Crypto Self-Custody The Pennsylvania House of Representatives has approved House Bill 2481, commonly referred to as the Bitcoin Rights Bill, marking a pivotal moment for cryptocurrency use in the state. The bill, passed with bipartisan support by a vote of 176-26, now moves to the state Senate for further deliberation, according to Fox Business. Introduced by the nonprofit Satoshi Action Fund, the bill provides legal clarity for cryptocurrency ownership and usag... Coinatory crypto news

RARI Chain and Arbitrum Launch ‘DeFi Days’ with $80K in Rewards for Web3 Creators

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RARI Chain and Arbitrum Launch ‘DeFi Days’ with $80K in Rewards for Web3 Creators RARI Chain and Arbitrum have announced the launch of DeFi Days, an eight-week initiative designed to empower Web3 creators by providing new crypto-earning opportunities. The program, which kicks off on October 24, 2024, offers a comprehensive suite of workshops, quests, and contests aimed at fostering creator growth in decentralized finance (DeFi). According to the official press release shared with crypto.news, the campaign boasts a reward p... cryptocurrency news

Upcoming economic events 25 October 2024

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Upcoming economic events 25 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious07:002 pointsECB McCaul Speaks  ------------------12:302 pointsCore Durable Goods Orders (MoM) (Sep)  -0.1%0.5%12:303 pointsDurable Goods Orders (MoM) (Sep) -1.1%0.0%14:002 pointsMichigan 1-Year Inflation Expectations (Oct)2.9%2.7%14:002 pointsMichigan 5-Year Inflation Expectations (Oct)3.0%3.1%14:002 pointsMichigan Consumer Expectations (Oct)72.972.914:002 pointsMichigan Consumer Sentiment (O... Upcoming economic events 25 October 2024 Coinatory

El Salvador’s President Donates 2 Bitcoins to Support Education in Honduras

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El Salvador’s President Donates 2 Bitcoins to Support Education in Honduras El Salvador’s President, Nayib Bukele, has made a donation of 2 Bitcoins, valued at approximately $133,000, to help fund the construction of 1,000 schools in Honduras. The donation was made to Japanese philanthropist Shin Fujiyama, who has long been committed to improving educational opportunities for children in Honduras. The Salvadoran government has been steadily acquiring Bitcoin, purchasing 1 BTC per day since March 16. Currently, El Sal... cryptocurrency news

Memecoin Search Interest and Market Performance Surpass Bitcoin

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Memecoin Search Interest and Market Performance Surpass Bitcoin Memecoins have captured significant attention recently, outperforming Bitcoin in both volatility and market interest. As memecoins dominate headlines, their influence in the cryptocurrency ecosystem continues to expand. Search interest for memecoins has surged, with Google search volume for the term “Bitcoin” falling to its lowest level in a year. On a scale from 0 to 100, Bitcoin stands at 33, while memecoins have climbed to 77. Google Trend... Memecoin Search Interest and Market Performance Surpass Bitcoin

Denmark’s Tax Council Proposes Bill to Tax Unrealized Crypto Gains

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Denmark’s Tax Council Proposes Bill to Tax Unrealized Crypto Gains Denmark’s Tax Law Council has recommended a bill that could tax unrealized gains and losses on crypto assets held by Danish investors as early as 2026. The recommendation was outlined in the Council’s comprehensive 93-page report on crypto asset taxation, where three taxation models were considered: capital gains tax, warehouse taxation, and inventory taxation. Danish Tax Minister Rasmus Stoklund noted concerns about the current capital gains... Coinatory

Major Bitcoin Miners Fund $2M Pro-Crypto Campaign to Influence Key Swing States

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Major Bitcoin Miners Fund $2M Pro-Crypto Campaign to Influence Key Swing States Riot Platforms, Marathon Digital, and CleanSpark, three of the largest Bitcoin mining companies in the U.S., have jointly funded a political action committee (PAC) aimed at supporting pro-crypto candidates in crucial swing states. This new PAC, called the Bitcoin Voter PAC, has launched a $2 million digital advertising campaign targeting voters in Pennsylvania and Texas, according to Fox Business. The PAC's mission is to advocate for candidat... Coinatory cryptonews

US Lagging on Crypto Regulation but Could Soon Catch Up, Says Tether CEO

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US Lagging on Crypto Regulation but Could Soon Catch Up, Says Tether CEO The United States is falling behind in establishing clear cryptocurrency regulations, but change may be on the horizon after the upcoming elections, according to Paolo Ardoino, CEO of Tether, the world’s largest stablecoin issuer. Speaking at the DC Fintech Week conference on October 22, Ardoino expressed concern about the U.S.'s slow response to the evolving crypto landscape. “There is no place like the US,” Ardoino remarked, emphasizing the... crypto news today

Upcoming economic events 24 October 2024

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Upcoming economic events 24 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsau Jibun Bank Japan Services PMI (Oct)---------53.108:002 pointsHCOB Eurozone Manufacturing PMI (Oct)45.145.008:002 pointsHCOB Eurozone Composite PMI (Oct)49.849.608:002 pointsHCOB Eurozone Services PMI (Oct)51.551.412:302 pointsBuilding Permits (Sep)1.428M1.470M12:302 pointsContinuing Jobless Claims1,880K1,867K12:303 pointsInitial Jobless Claims243K241K13:453 pointsS&P Global... Upcoming economic events 24 October 2024 Coinatory

Vitalik Buterin Slams Michael Saylor's Stance on Bitcoin Custody as ‘Insane’

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Vitalik Buterin Slams Michael Saylor's Stance on Bitcoin Custody as ‘Insane’ Ethereum co-founder Vitalik Buterin has sharply criticized MicroStrategy chairman Michael Saylor over recent comments suggesting that crypto users should rely on large financial institutions to hold custody of Bitcoin. Buterin took to X (formerly Twitter), calling Saylor “batshit insane” after Saylor’s interview with financial markets reporter Madison Reidy on October 21, 2024. In the interview, Saylor advocated for regulatory capture, implyi... Vitalik Buterin Slams Michael Saylor's Stance on Bitcoin Custody as ‘Insane’

Pump.fun Launches Video Tokenization Feature on Solana

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Pump.fun Launches Video Tokenization Feature on Solana Pump.fun, a meme coin creation platform on the Solana blockchain, has introduced a new feature that enables users to tokenize videos. This innovative capability allows videos to be tied directly to tokens, offering a new layer of engagement for users on the platform. While the feature has been met with excitement, it has also raised important questions, particularly around intellectual property and the broader implications of video tokenizati... crypto news

X Empire Launches on OKX: 1.65B $X Prize Pool!

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X Empire Launches on OKX: 1.65B $X Prize Pool! Join the excitement as X Empire gets listed on OKX, and grab your share of an amazing 1.65B $X prize pool! Simply deposit and trade X Empire to participate. Don’t miss your chance to be part of this fantastic airdrop event and take advantage of this thrilling launch! You can also participate in a similar promotion on Bybit. Step-by-Step Guide: If you don't have an OKX account, you can register here Go here Click "Join now" To ... crypto news

Sui Blockchain Integrates with Google Cloud via ZettaBlock

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Sui Blockchain Integrates with Google Cloud via ZettaBlock Sui has announced a strategic integration with Google Cloud, facilitated by ZettaBlock. This partnership enables developers to access real-time blockchain data via Google Cloud’s Pub/Sub service, paving the way for innovative applications such as AI-powered fraud detection and high-speed gaming transactions. For those new to blockchain technology, it functions as a decentralized digital ledger that ensures security and transparency by distrib... Coinatory cryptocurrencies news

Blade Runner 2049 Producers Sue Elon Musk Over AI Art Used at Tesla Event

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Blade Runner 2049 Producers Sue Elon Musk Over AI Art Used at Tesla Event Elon Musk, Tesla, and Warner Bros. Discovery are facing a lawsuit from Alcon Entertainment, producers of Blade Runner 2049, over alleged copyright infringement involving AI-generated imagery used at a Tesla event. Alcon filed the lawsuit on October 21 in Los Angeles federal court, accusing the trio of violating the film’s intellectual property during an October 10 event where Tesla promoted its autonomous “Cybercab.” Alleged Copyright Violati... cryptocurrency news

Upcoming economic events 23 October 2024

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Upcoming economic events 23 October 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious13:002 pointsFOMC Member Bowman Speaks------------------14:003 pointsExisting Home Sales (Sep)3.88M3.86M14:002 pointsExisting Home Sales (MoM) (Sep)----------2.5%14:002 pointsECB President Lagarde Speaks------------------14:002 pointsECB's Lane Speaks------------------14:303 pointsCrude Oil Inventories0.700M-2.191M14:302 pointsCushing Crude Oil Inventories---------0.108M17:002 points20-Year Bo... Coinatory news

BlackRock's $26B Bitcoin ETF Becomes Fastest-Growing Fund in History

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BlackRock's $26B Bitcoin ETF Becomes Fastest-Growing Fund in History Wall Street’s appetite for Bitcoin-related investment vehicles surged last week as BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), recorded $1.1 billion in new inflows. This pushed total assets under management (AUM) for IBIT to $26 billion, solidifying its position as the fastest-growing exchange-traded fund (ETF) in financial history. Bitcoin (BTC) has emerged as a key focus for BlackRock, the world’s largest asset manager, ... Coinatory

India Moves Toward Bitcoin Ban, Emphasizes Benefits of CBDCs

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India Moves Toward Bitcoin Ban, Emphasizes Benefits of CBDCs Indian regulators are signaling a shift towards banning private cryptocurrencies like Bitcoin and Ethereum, while promoting Central Bank Digital Currencies (CBDCs) as a safer alternative. According to The Hindustan Times, key government institutions, following recent consultations on cryptocurrency regulation, are in favor of such a ban. The institutions argue that CBDCs can offer similar benefits with fewer risks. Government’s Position on Cr... crypto news today