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Unparalleled and unbiased #1 source of news about #Crypto, #Bitcoin, #Ethereum, #NFT and #Blockchain in real-time. Latest updates, analysis and researches. Coingraph Chat Group: @CoingraphChat
RECENTLY: Swell announced its shift to the Optimism Superchain, abandoning plans to build a Layer 2 chain with Polygon's CDK.
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ANALYSIS: 10x Research projects Bitcoin could reach $100,000 by January 2025, citing institutional interest, recent buy signals, and BTC’s growing dominance.
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JUST IN: Bitcoin layer-2 project BOB joined Optimism's Superchain with an $870,000 grant to strengthen its Bitcoin-Ethereum bridge.
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ANALYSIS: Shiba Inu (SHIB) burn rates have sharply declined, with weekly burns down 70.48% and daily burns down 78.24%, raising concerns about the token's deflationary mechanism and future price increases.
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OPINION: Bitwise CIO Matt Hougan believes Bitcoin could reach $200,000 due to its maturation as a store-of-value asset and ongoing fiat currency devaluation, without the need for the US dollar to collapse.
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JUST IN: Nate Whitehill announced Liam "Akiba" Wright as the new Editor in Chief of CryptoSlate, aiming to enhance crypto and finance journalism.
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RECENTLY: Florida CFO Jimmy Patronis sends letter requesting the SBA to consider adding Bitcoin to state pension funds, citing Florida's economic strength.
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RECENTLY: Visa announced a partnership with Coinbase to enable instant deposits for eligible users via Visa Direct.
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RECENTLY: Nexus Mutual announced a partnership with Native to improve crypto insurance, launching the Base DeFi Pass to cover multiple protocols.
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ANALYSIS: Wall Street experts expect Coinbase’s Q3 revenue to drop 13% to $1.26 billion due to lower trading volumes and regulatory uncertainty, despite a slight EPS increase to $0.46.
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RECENTLY: President Biden thanked Nigerian President Tinubu for the release of Binance executive Tigran Gambaryan and praised a new joint effort on crypto and illicit finance.
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JUST IN: DYDX announced a 35% core team layoff to better align with its future goals, stated CEO Antonio Juliano.
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JUST IN: Consensys announced a 20% staff layoff due to regulatory uncertainty and economic challenges, with CEO Joe Lubin emphasizing a focus on Ethereum ecosystem support and decentralized growth.
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RECENTLY: Alameda Research sues KuCoin to recover over $50 million in frozen assets that were originally valued at $28 million due to market fluctuations.
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🚨 BREAKING: Bitcoin's price has surpassed $72,000, approaching $73,000.
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TODAY: Morph announced its Ethereum mainnet launch, expanding its consumer layer to enhance blockchain adoption and enable real asset transactions.
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JUST IN: Sapien raised $10.5M, led by Variant, to build a decentralized AI data-labeling workforce using crypto incentives, with clients including Alibaba and Baidu.
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JUST IN: Taiwan’s FSC announced a cryptocurrency exchange registration system by November 30 to enhance market compliance, per Anue Juheng.
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RECENTLY: MANTRA announced a partnership with Google Cloud to use Google as a primary validator for its mainnet and create a testnet within Google’s Cloud Web3 Portal for developers to earn free OM tokens.
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RECENTLY: The HBAR Foundation has joined the Chainlink ecosystem to integrate Chainlink Data Feeds and CCIP on the Hedera testnet for enhanced dApp development.
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RECENTLY: OKX announced a partnership with Standard Chartered to enhance custodial services for institutional clients, integrating crypto assets with traditional finance.
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RECENTLY: Synthetix announced a proposal to acquire Kwenta, its top ecosystem project.
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JUST IN: VanEck announced a partnership with Kiln to integrate Solana staking into its ETNs and ETFs, simplifying investor access.
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RECENTLY: Binance has launched 'Binance Wealth' to help onboard high-net-worth clients, initially targeting Asia and Latin America, with some U.S. restrictions.
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RECENTLY: DWF Labs announced it fired a partner over allegations of drink-spiking in Hong Kong, calling the claims "deeply concerning."
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ANALYSIS: Bitcoin’s TVL reached a record $2.35B, driven by new scaling protocols and rising BTC prices, according to DeFiLlama.
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JUST IN: Bitcoin's market dominance has surpassed 60%.
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JUST IN: DWF Labs partner Eugene Ng is accused of drugging a job applicant, "Hana," and attempting to lure her to his hotel suite during an October 24 job meeting in Hong Kong.
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ANALYSIS: According to CryptoQuant founder Ki Young Ju, institutional demand for Bitcoin via custodial wallets has surged, with institutional investors accumulating Bitcoin at double the rate of retail investors.
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JUST IN: Solayer Labs has introduced sUSD, a yield-bearing stablecoin on Solana that is backed by US Treasury Bills.
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