Category Archives: Blockchain

Bitcoin heading to 6-figure price, Bitwise CIO says

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The case for Bitcoin surpassing $100,000 has become even more compelling in recent weeks, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. In a recent post on X, Hougan argued that Bitcoin’s path to a six-figure price is virtually assured, driven by a mix of institutional interest, macroeconomic factors, and on-chain developments. […]

Bitfinex backs payments chain Plasma’s bid to expand USDT on Bitcoin

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Bitfinex has announced its investment in Plasma, a decentralized infrastructure platform focused on payments, real-world assets (RWAs), and decentralized finance (DeFi) with an emphasis on Bitcoin. The investment, revealed on October 18 via X (formerly Twitter), aims to scale the usage of Tether (USDT) on the Bitcoin network. Plasma is designed to provide a zero-fee […]

Storj crypto rallies as a golden cross pattern nears

Storj, a blockchain network focused on decentralized storage and GPU leasing, has continued its impressive upward momentum, reaching a high of $0.6660—its highest level since April. This surge has made Storj one of the top-performing tokens in the market, with a remarkable rise of over 157% from its low point in August. The rally comes […]

Hoppy token hits all-time high, rare pattern points to more gains

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The Hoppy token has been on an impressive upward trajectory, reaching an all-time high of $0.0002890 on Friday, October 18. This meme coin, built on the Ethereum network, has surged by more than 18,000% since its lowest point in June. This explosive growth has positioned Hoppy as one of the top-performing cryptocurrencies, with its market […]

Did Jump Trading just ‘Fracture’ the trust of the entire crypto industry?

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Jump Trading, a well-known crypto market maker, is currently facing serious allegations from Fracture Labs, the creators of the blockchain-based game Decimated. The lawsuit, filed on October 15, 2024, accuses Jump Trading of manipulating the DIO token in what Fracture Labs describes as a “pump and dump” scheme. The legal battle revolves around claims that […]

Worldcoin rebrands to ‘World,’ debuts layer-2 network and new features

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Worldcoin has undergone a rebranding to World, alongside the introduction of its Ethereum Layer-2 network, World Chain, and the announcement of several major updates. During a keynote on October 17, Sam Altman, the founder of Worldcoin, revealed the rebranding, which includes improvements to its iris-scanning Orb devices. The company has already updated its branding across […]

BREAKING: Pi Network made headlines on BBC and Vision 4 TV

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Pi Network: From a Casual Mention to a Global Phenomenon on BBC When Pi Network was first featured on the BBC, it seemed like just another segment for a morning news show. However, the BBC team soon realized the platform’s user base had already surpassed that of several European countries, prompting them to delve deeper […]

Spot Bitcoin ETFs record over $2.1b inflows in five-day streak, breaking $20b mark

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On October 17, 2024, spot Bitcoin exchange-traded funds (ETFs) saw their fifth consecutive day of inflows, led by BlackRock’s IBIT ETF for the third day in a row. The total inflows across 12 spot Bitcoin ETFs reached $470.48 million, bringing the cumulative total to over $2.1 billion in just five days. Key highlights include: BlackRock’s […]

Montenegro to finalize Do Kwon’s extradition by Oct. 20

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The extradition of Do Kwon, co-founder of Terraform Labs and crypto fugitive, may be finalized as soon as Sunday, Oct. 19, according to local media reports from Montenegro. Montenegro’s Minister of Justice, Bojan Božović, confirmed on Oct. 17 that the government has decided where to extradite Kwon. He indicated that the necessary documents would likely […]

Telegram gaming sees NFT and user engagement boom in Q3 2024: report

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A new Helika report on Telegram games for Q3 2024 shows strong growth, particularly in NFT engagement and longer player sessions. NFT Activity: The number of unique wallets transferring NFTs surged from 200,000 to over 1 million, with 600,000 wallets actively engaged in in-game NFT transactions. Player Engagement: Average session lengths nearly doubled from 2.8 […]