Bitcoin traded above $28,000 to start the weekend, after Joe Rogan commented that it had a chance of becoming a “universal viable currency.” Additionally, traders also reacted to yesterday’s U.S. nonfarm payrolls, which rose by 336,000 in September, more than the 170,000 many had expected. Ethereum was marginally higher on Saturday.
Bitcoin
Bitcoin (BTC) continued to trade around the $28,000…
October Resurgence: Decade-Old Bitcoin Wallets Awaken, Moving Over $50 Million in Vintage BTC – Bitcoin News
October 8, 2023
Though Bitcoin’s value has risen from its position last month, September saw a surge in dormant Bitcoin transfers from long-inactive BTC wallets. This trend hasn’t slowed; in the initial week of October, several 2014 wallets came alive, moving 860 BTC — valued at over…
Kraken to Expand Its Presence in Europe With Acquisition of Dutch Crypto Broker – Exchanges Bitcoin News
October 7, 2023
Crypto exchange Kraken has unveiled its plan to acquire Dutch crypto broker Coin Meester B.V. (BCM). Kraken explained that the Netherlands is a key market in its European expansion plans. “We are committed to growing our business in compliance with European regulations,”…
Report: Hong Kong Crypto Exchange JPEX Converts Users' Funds to an Illiquid Digital Token – Featured Bitcoin News
October 7, 2023
The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not inform them of the conversion rate used to complete this transaction.
Conversion Supposedly Backed by 68% of Users
The beleaguered Hong Kong…
What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano – Learning - Insights Bitcoin News
October 7, 2023
On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has…
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear…
Solana has successfully implemented its 1.16 upgrade, introducing several new features, including improved runtime support for zero-knowledge proofs and enhancements for validators. However, the highlight of this upgrade is the “confidential transfers,” a feature that allows fully encrypted transactions for SPL tokens, bolstering user privacy.
Solana’s 1.16 Upgrade Bolsters Privacy with…
Bitcoin, Ethereum Technical Analysis: ETH Ends 4-Day Losing Streak, BTC Briefly Above $28,000 – Market Updates Bitcoin News
October 7, 2023
Ethereum snapped a four-day losing streak on Friday, as markets reacted to the latest nonfarm payrolls in the United States. Payrolls came in at 336,000, which is nearly double the 170,000 jobs many thought would be added in September. Bitcoin retreated from a brief stint…
OFAC's Sanction Bucket Grows: BTC, TRX, and ETH Addresses Flagged Over Fentanyl Ties – Bitcoin News
October 7, 2023
The Office of Foreign Asset Control (OFAC) under the Treasury has released an updated version of the specially designated nationals (SDN) list, featuring multiple alleged fentanyl traffickers from China along with their associated cryptocurrency addresses. These highlighted…
Singapore Grants Ripple Full License to Provide Crypto Services – Regulation Bitcoin News
October 6, 2023
The Monetary Authority of Singapore (MAS) has granted Ripple a full license to provide crypto services. “This license underscores the real-world utility of crypto solutions for businesses and financial institutions alike, marking an important step towards wider adoption of digital assets,” Ripple explained.
Ripple Fully Licensed in Singapore
Ripple announced Tuesday that it is now fully…
