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Money & Crypto News

🗞 October 12, 2024 cryptocurrency news highlights

Cryptocurrency
Paradigm invests $20 million in Ithaca, a spinoff building a Layer 2 blockchain 'from the future'

Yesterday, the U.S. spot Bitcoin ETF had a net inflow of $253.54 million.

The Avalanche Foundation will buy back the 1.97 million AVAX tokens previously sold to LFG.

The total market value of cryptocurrencies is 2.28 trillion US dollars, and Bitcoin accounts for 54.1%.

Vitalik Buterin, co-founder of Ethereum, sold ETH6900, POPCAT and MSTR for a total of 180.969 ETH

【Economy】
The middle class and those without assets will be the ones who feel the impact of lost purchasing power from money printing.

Indicators
Trader Peter Brandt: The rise of Bitcoin often occurs in the second half of the halving cycle.

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Coinbase analysts: Macro factors affecting cryptocurrency performance are shifting from monetary policy to US election results

Craig Wright is suing BTC Core for £911,050,000,000 👨‍⚖️

An IT engineer in Newport, accidentally discarded a hard disk containing 8,000 bitcoins and is suing the Newport Municipal Council of 495 million pounds for damages.

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👨‍⚖️James Howells, an IT engineer in Newport, accidentally discarded a hard disk containing 8,000 bitcoins and is suing the Newport Municipal Council of 495 million pounds (about $647 million) for damages

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Vitalik Buterin, co-founder of Ethereum, sold ETH6900, POPCAT and MSTR for a total of 180.969 ETH 💰

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🪙 The position of Bitcoin open contracts in the whole network increased by 5.88% in 24 hours

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The total market value of cryptocurrencies is 2.28 trillion US dollars, and Bitcoin accounts for 54.1% 💰

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Trader Peter Brandt: The rise of Bitcoin often occurs in the second half of the halving cycle 🔝

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Yesterday, Fidelity FBTC had a net inflow of $117.1 million, and ARKB had a net inflow of $97.6 million🕯

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The middle class and those without assets will be the ones who feel the impact of lost purchasing power from money printing.👀

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🧠 Michael Saylor on 💰 Gold vs 💰Fiat vs 🪙Bitcoin

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💰 Paradigm invests $20 million in Ithaca, a spinoff building a Layer 2 blockchain 'from the future'

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🕯 GSR analyst: 🪙 Bitcoin price fluctuations are mainly driven by emotions, not fundamental

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A Nigerian court denied bail to Binance executive Tigran Gambaryan, citing that his health issues don’t justify his release.

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OKX secured a full UAE license and launched its VARA-compliant crypto exchange in Dubai.

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Santiment: Bitcoin hit a low early this morning, and the market is bullish

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JUST IN: 🇯🇵 Japanese Public company Metaplanet buys another ¥1 billion worth of Bitcoin 🙌

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The Trump family encryption project WLFI will launch a live broadcast on October 14 to introduce the details of the public sale 🪙

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Craig Wright is suing BTC Core for £911,050,000,000 👨‍⚖️

This is based on the difference in market valuation between Bitcoin (BSV) at £50 per unit and BTC at £48,000 per unit, reflecting the financial impact of misrepresentation and resulting market loss.

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The total net inflow of U.S. Bitcoin spot ETFs this week is $348.5 million 💵

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Founder of Floor Protocol: Lost $20 million in assets on FTX 💸

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The Avalanche Foundation will buy back the 1.97 million AVAX tokens previously sold to LFG 💲

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Yesterday, the U.S. spot Bitcoin ETF had a net inflow of $253.54 million💰

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Saylor's endgame.Few understand it.‼️

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🇸🇻 NAYIB BUKELE: " 🏦 The IMF, World Bank, Federal Reserve, and mainstream media hate that we adopted 🪙 Bitcoin."

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💬 Coinbase analysts: Macro factors affecting cryptocurrency performance are shifting from monetary policy to US election results

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Binance founder CZ: Beware of deep fake videos about me on social media 🚨

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🗞 October 11, 2024 cryptocurrency news highlights

【Cryptocurrency】
↗️ Nearly half of traditional hedge funds (47%) now invest in crypto, per AIMA & PwC, up from 29% last year

Economy
OKX secured a full UAE license and launched its VARA-compliant crypto exchange in Dubai.

A Nigerian court denied bail to Binance executive Tigran Gambaryan, citing that his health issues don’t justify his release.

Indicators
USDC Treasury minted 50 million USDC 4 minutes ago and transferred them to Coinbase💲

Cat-themed meme coin CHEESEBALL rose by 60% in 24 hours, and its market value exceeded 3 million US dollars


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Dubai’s Virtual Assets Regulatory Authority (VARA) fined seven unnamed crypto entities for operating without proper licenses and issued cease-and-desist orders 👮‍♂️

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Michael Saylor: MicroStrategy's ultimate goal is to become the leading Bitcoin bank

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Cat-themed meme coin CHEESEBALL rose by 60% in 24 hours, and its market value exceeded 3 million US dollars

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Yesterday, the U.S. Bitcoin spot ETF had a net outflow of $81.1 million🕯

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BlackRock ETF address has accumulated 12,272 BTC in the past 16 days, equivalent to about US$742 million

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