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Money & Crypto News

Kenya is introducing a new tax system for cryptocurrencies, with real-time tracking of transactions through exchanges.

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Avalon Labs' total locked-in value exceeds $800 million, and will launch the first Bitcoin interest-bearing stablecoin USDa

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Yesterday, the U.S. Bitcoin spot ETF had a net inflow of $473 million and the U.S. Ethereum ETF had a net inflow of $48.03 million🕯

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This is almost half a million people actually using Bitcoin 🔥

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FBI arrests man who posted the fake spot Bitcoin ETF approval on the SEC X account in January❗️

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SAYLOR: MicroStrategy "beat every single company in the S&P index using Bitcoin strategy." 🪙

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👮‍♂️ FBI Arrests Alleged SEC Hacker Linked to Fake Tweet Saying Bitcoin ETFs Were Approved

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🗞 October 17, 2024 cryptocurrency news highlights

【Cryptocurrency】
The Russian Central Bank expects the first international cryptocurrency payments to take place by the end of 2024.

Economy
Thailand's oldest bank, the Siam Commercial Bank (SCB), is now the first Thai bank to adopt stablecoins for cross-border payments after partnering with fintech company Lightnet.

Indicators
🇮🇹 Italy's Deputy Finance Minister Maurizio Leo announcing their plan to increase capital gains on Bitcoin from 26% to 42% because "the phenomenon is spreading." 🤡

Ethereum on-chain activity slows, staker income drops 30% from March peak🔽📉

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History Suggests Crypto’s Bullish Momentum Should Continue Into the U.S. Election and Afterwards 🐂

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🇮🇹 Italy's Deputy Finance Minister Maurizio Leo announcing their plan to increase capital gains on Bitcoin from 26% to 42% because "the phenomenon is spreading." 🤡

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Thailand's oldest bank, the Siam Commercial Bank (SCB), is now the first Thai bank to adopt stablecoins for cross-border payments after partnering with fintech company Lightnet.

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The Bitcoin Volatility Index rose to 60.87 yesterday, a single-day increase of 0.2%

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The total open interest of Bitcoin contracts on the entire network exceeded US$39 billion, setting a new record high🔼‼️

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Ethereum on-chain activity slows, staker income drops 30% from March peak🔽📉

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💵USDT has crossed 330 million on-chain wallets, with Q3 2024 welcoming 36.25 million users.

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🕯 Crypto Usage Setting Records Amid Regulatory Uncertainty, A16z Says in Report

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The total open interest of Bitcoin contracts on the entire network rose to US$39.785 billion, setting a new record high

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Radiant Capital issued a document to review the theft process, saying that it would identify the attackers and recover the stolen funds as soon as possible 💻

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25-Year-Old ‘AGiantSchnauzer’ Hacked SEC’s X Account To Cause Spike in Bitcoin Price📣

➡️ Read Here

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“Gold can’t achieve transaction finality without the help of a government or central party.”😎

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🪙 Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest

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FACT: 🪙 Bitcoin is the 6th largest monetary asset in the world 🌎

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ECB official: A rate cut in December is very likely ✂️

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🟠 Michael Saylor explains why he thinks Bitcoin is going to be 7% of the worlds capital and his long term forecast price at over $13M over 21 years 🚀

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The Russian Central Bank expects the first international cryptocurrency payments to take place by the end of 2024.

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Polymarket predicts that the probability of Bitcoin hitting $70,000 this month rises to 64%

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Yesterday, the US Bitcoin ETF had a net inflow of $452 million and the U.S. Ethereum ETF had a net inflow of $24.21 million🕯

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🇮🇹 Italy's Deputy Finance Minister Maurizio Leo announcing their plan to increase capital gains on Bitcoin from 26% to 42% because "the phenomenon is spreading." 🤡

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⚠️ Metaplanet has executed a roll-up of 223 contracts of $62,000 put options to $66,000 expiring 12/27/24, generating an additional 5.90 🪙 BTC in option premium, recognized as revenue

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History Suggests Crypto’s Bullish Momentum Should Continue Into the U.S. Election and Afterwards 🐂

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🪙A Bitcoin address that has been silent for more than 13 years has been activated, containing 150 BTC

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