RECENTLY: ECB economists warn that Bitcoin's rising value may destabilize society, benefiting early adopters and disadvantaging non-holders.
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RECENTLY: Local media reports that Hong Kong police busted a deepfake crypto scam, arresting 27 suspects and recovering $46 million in stolen funds.
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ANALYSIS: Gold ETFs took five years to surpass $20 billion in inflows, while Bitcoin achieved the same milestone in just 10 months, marking the most successful ETF launch in history.
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RECENTLY: Bitget announced its wallet has surpassed 40 million users, with 6 million downloads in September, making it the second most downloaded crypto app after Binance.
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TODAY: Tether's transparency page shows USDT hit a $120 billion market cap far ahead of USDC, with Tron leading USDT transactions at over $61 billion.
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JUST IN: Lookonchain reported contrasting outcomes, with one trader turning $3,000 into $9 million by trading GNON, while another lost $43,500 in Solana from FOMO-driven meme coin purchases.
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ANALYSIS: Capital outflows from the Chinese stock market hit a nine-year high of $4.1 billion in one week, despite recent government stimulus efforts.
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RECENTLY: CoinGecko has revealed the speaker lineup for GeckoCon 2024, featuring leaders in Web3 gaming, to be held on November 11, 2024, in Bangkok, Thailand.
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JUST IN: Yuga Labs has launched ApeChain on Ethereum, featuring cross-chain tools and a trading simulation game with 1,000x leverage.
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JUST IN: Radiant Capital is collaborating with US law enforcement to freeze assets following a $50 million hack that compromised developers' hardware wallets using advanced malware.
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RECENTLY: ECB officials urged non-Bitcoin holders to support legislation against Bitcoin, citing wealth redistribution from latecomers to early adopters.
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🚨 WARNING: A new TrickMo banking Trojan, discovered by Cleafy, has compromised 13,000 Android devices through phishing, posing severe security risks.
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RECENTLY: A whale withdrew $2 million USDC from Binance to buy more GOAT tokens, bringing their total investment to $6 million USDC, amid a 300% surge in GOAT's price, according to Lookonchain.
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RECENTLY: Bitfinex announced it has invested in Plasma to boost Tether (USDT) adoption on Bitcoin, enabling zero-fee global payments using USDT via Bitcoin's network.
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ANALYSIS: Bitcoin ETFs pulled in over $2 billion in inflows over six consecutive days, reaching $21 billion in total net inflows, according to SoSoValue.
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ANALYSIS: Bitcoin price has reached $69,000 and is approaching the $70,000 mark, signaling strong market momentum.
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JUST IN: Fintech company Stripe has completed its largest acquisition to date, acquiring stablecoin platform Bridge in a $1.1 billion deal, according to TechCrunch founder Michael Arrington in a post on X.
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ANALYSIS: DailyCoin announced that eight of the top 10 cryptocurrencies saw price increases over the past week, ranked by percentage increase.
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RECENTLY: Vitalik Buterin warns that staking centralization poses a major risk to Ethereum, proposing solutions to address it in the upcoming "Scourge" upgrade.
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ANALYSIS: Alan Santana predicts Bitcoin could surpass $130,000, potentially reaching between $155,000 and $200,000 by January 2025, following a key breakout above the $70,000 resistance level.
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JUST IN: Most memecoins endorsed by Andrew Tate, including Roost, have crashed by 90-99%, raising concerns of insider trading, with Tate admitting to crypto price manipulation in a recent X post, according to an investigation by Coffeezilla.
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ANALYSIS: Bitcoin has had its greediest year in 2024, with a 40% YTD return, record-high Fear and Greed Index, and traders eyeing a critical $68,400 breakout, according to Copper.
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ANALYSIS: Ethereum held in accumulation wallets has jumped 65% in 2024, surpassing 19 million ETH, worth over $50 billion, according to CryptoQuant's Burakkesmeci.
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RECENTLY: The Terra Luna Classic community has approved a proposal to access Terraform Labs' accounts on CoinMarketCap, resulting in price increases for LUNC and USTC.
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RECENTLY: Angel Drainer reportedly acquired rival phishing service Inferno Drainer's source code after the latter exited the crypto scamming business.
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RECENTLY: PumpDotFun announced plans to launch a token and introduced a zero-fee advanced trading terminal, "Pump Advanced," during an X Spaces event.
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RECENTLY: U.S. attorneys urged President Biden to classify Binance executive Tigran Gambaryan as a hostage due to his life-threatening detention in Nigeria.
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ANALYSIS: Bitcoin (BTC) is approaching 100% holder profitability, with a potential surge to $78,000 as 95% of holders are currently in profit, supported by strong Global In/Out of Money (GIOM) data.
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RECENTLY: A long-dormant Bitcoin whale holding 25 BTC, worth $1.71 million, reactivated after 10.8 years as Bitcoin briefly reached $69,000, according to Whale Alert.
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RECENTLY: VanEck's report highlights that Bitcoin (BTC) is poised for a breakout due to rising institutional investment, increased miner accumulation, and strong inflows into exchange-traded products (ETPs).
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