Cryptonews

Rise in Number of French Stores Accepting Bitcoin

Mon, 23 Oct 2023 01:00:00 +0000

A growing number of French stores are accepting Bitcoin as a form of payment – ranging from large shopping malls to traditional restaurants.
The fast-growing group now includes Bouchon-comptoir Brunet, a Lyon-based bouchon – a type of eatery specific to the Lyon area.
The restaurant became the first in the city to accept BTC as a form of payment in 2021....
Read More: Rise in Number of French Stores Accepting Bitcoin

Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network

Sun, 22 Oct 2023 16:00:00 +0000

Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network's development team, citing security issues and challenges that pose a threat to the Bitcoin (BTC) ecosystem.
In a discussion on the Linux Foundation's public mailing list, Riard expressed concerns about a new class of replacement cycling attacks, which have put the Lightning Network in a dangerous position....
Read More: Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network

Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?

Sun, 22 Oct 2023 09:32:00 +0000

Bitcoin (BTC)'s dominance in the cryptocurrency market has surpassed 49%, reaching its highest level in more than two years.
According to data from CoinGecko, Bitcoin's dominance currently stands at 49.58%, almost three times the dominance of Ethereum (ETH), the second-largest crypto by market cap, which sits at around 16.7%.
This steady increase in dominance, starting from around 38% at the beginning of the year, signifies a significant surge in Bitcoin's market share....
Read More: Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?

Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting?

Sun, 22 Oct 2023 03:21:00 +0000

Bitcoin, the pioneering digital asset, has once again captured global attention as it surges past the formidable $30,000 resistance level. A colossal inflow of $10 billion has catalyzed this rally, signifying renewed confidence from institutional and retail investors alike. ...
Read More: Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting?

HayCoin Price Soars as Uniswap Creator Burns 99.99% of Test Coin Supply

Sat, 21 Oct 2023 16:00:00 +0000

HayCoin, a test coin created by Uniswap founder Hayden Adams, has experienced a dramatic surge in value after Adams decided to burn 99.99% of the token's supply.
At the time of writing, HayCoin is trading at $2,538,123, up by more than 273% over the past day, according to data from CoinGecko.
Adams revealed his decision in a Friday post on X (formerly Twitter), expressing discomfort with owning "almost the entire supply" of HayCoin....
Read More: HayCoin Price Soars as Uniswap Creator Burns 99.99% of Test Coin Supply

Unverified ETF, Legaled FTX, Blamed SEC and 20 Crypto Jokes

Sat, 21 Oct 2023 10:00:00 +0000

This week in crypto: bitcoin pumped from under $28,000 to $30,000 on Monday as unverified rumors that the US SEC had approved BlackRock’s iShares spot Bitcoin ETF application hit social media, Sui faced turbulent times as its price hit all-time lows, and Depository Trust & Clearing Corporation acquired blockchain startup Securrency Inc. in a deal worth around $50 million....
Read More: Unverified ETF, Legaled FTX, Blamed SEC and 20 Crypto Jokes

Scandal Unveiled: Web3 Game Project's $1.6 Million Exit Scam with Actors

Sat, 21 Oct 2023 09:18:00 +0000

The development team behind the gaming project FinSoul has been accused of carrying out a massive exit scam, defrauding investors of $1.6 million through market manipulation.
According to a recent report from blockchain security platform CertiK, the FinSoul team allegedly employed paid actors to pose as executives and raised funds under the pretense of developing a gaming platform. ...
Read More: Scandal Unveiled: Web3 Game Project's $1.6 Million Exit Scam with Actors

XRP Price Prediction as Price Retracts to $0.5158: Is This a Healthy Correction Before the Next Uptrend?

Sat, 21 Oct 2023 09:05:00 +0000

As XRP's price retracts to a notable $0.5158, the crypto community is abuzz with speculation.
Is this merely a healthy correction paving the way for a subsequent uptrend, or are there other market dynamics at play?
Delving into XRP's recent performance and underlying factors, we aim to provide a comprehensive price prediction for this prominent cryptocurrency.
Let's dive into the data and technical indicators to uncover the XRP price prediction....
Read More: XRP Price Prediction as Price Retracts to $0.5158: Is This a Healthy Correction Before the Next Uptrend?

Bitcoin Price Prediction as Bulls Push BTC Further Toward $30,000 Resistance – Where is BTC Going Next?

Sat, 21 Oct 2023 07:42:00 +0000

As Bitcoin continues its impressive trajectory, bulls are ardently pushing the cryptocurrency ever closer to the significant $30,000 resistance mark.
Currently, Bitcoin stands at a commendable price of $29,615, marking a nearly 1.5% increase on Saturday alone.
However, as enthusiasm mounts, critics raise alarms about potential vulnerabilities, drawing parallels with historic precious metal manipulations, especially amidst the soaring hopes for Bitcoin ETFs. ...
Read More: Bitcoin Price Prediction as Bulls Push BTC Further Toward $30,000 Resistance – Where is BTC Going Next?

Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments

Fri, 20 Oct 2023 22:55:00 +0000

Hong Kong's Securities and Futures Commission (SFC) has announced plans to update its framework on cryptocurrency sales and requirements amid the evolving market development of the digital asset industry.
In the regulator’s upcoming amendment notice published on October 20, five major parts were addressed with respect to the crypto industry. ...
Read More: Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments

Blockchain Firm LBRY Ceases Operations, Cites Insurmountable Debt

Fri, 20 Oct 2023 22:22:00 +0000

Blockchain file-sharing and payment network, LBRY, announced the termination of its operations, citing "several million dollars" in debts owed to the SEC, its legal team, and a private debtor....
Read More: Blockchain Firm LBRY Ceases Operations, Cites Insurmountable Debt

Reddit Forum Moderators Discard Reward Tokens Hours Before Program Shutdown

Fri, 20 Oct 2023 21:20:00 +0000

Data analyst Pledditor has revealed that three moderators linked to Reddit's cryptocurrency forum sold over 100,000 MOON tokens before its Community Point program shut down.
According to Reddit’s announcement on October 17, the platform disclosed its plans to discontinue its long-running blockchain-based rewards service ‘Community Points’ by November 8. ...
Read More: Reddit Forum Moderators Discard Reward Tokens Hours Before Program Shutdown

Bitcoin Price Prediction as BTC Leaps toward $30,000 – Is The Bull Market Starting?

Fri, 20 Oct 2023 21:20:00 +0000

The current price of Bitcoin today is a remarkable $29,599, reflecting a 3% increase in the past 24 hours.
A robust 24-hour trading activity is recorded at approximately $21.8 billion on the volume front.
As for its standing in the vast crypto arena, Bitcoin retains its crown with a #1 ranking on CoinMarketCap.
The digital currency's market capitalization is nothing short of impressive at roughly $577.76 billion. ...
Read More: Bitcoin Price Prediction as BTC Leaps toward $30,000 – Is The Bull Market Starting?

Crypto Investors are Buzzing About This AI Crypto Platform – What's the Hype?

Fri, 20 Oct 2023 19:51:00 +0000

Raising $1.92 million in its ongoing LPX token presale so far, Launchpad XYZ is attracting a varied pool of cryptocurrency investors by offering both utility and time-limited incentives. The presale's proceeds are slated for the development of a platform focused on diverse Web 3.0 applications, including a decentralized exchange and fractional ownership of high-value assets.
Visit Launchpad XYZ Now...
Read More: Crypto Investors are Buzzing About This AI Crypto Platform – What's the Hype?

Spot Bitcoin ETF Application Approvals Likely By January 10th, JPMorgan Argues – How High Can the BTC Price Pump in 2024?

Fri, 20 Oct 2023 19:44:00 +0000

The US Securities and Exchange Commission's (SEC) recent decision not to appeal a ruling that went against them in the Grayscale case brings the approval of spot Bitcoin ETFs in the US closer, JPMorgan argued in a research report released earlier this week.
The first approvals are likely to come in before the 10th of January, which is the final deadline for the Ark 21Shares application, JPM analysts continued....
Read More: Spot Bitcoin ETF Application Approvals Likely By January 10th, JPMorgan Argues – How High Can the BTC Price Pump in 2024?

Best Crypto to Buy Now October 20 – Stacks, eCash, Bitcoin Cash

Fri, 20 Oct 2023 19:43:00 +0000

The SEC made a surprising decision on Thursday to pull back on its legal action against Ripple, affecting both CEO Brad Garlinghouse and co-founder Chris Larsen. This marks the third win in a row for Ripple in its legal battles.
This news coincided with a more than 7% rise in the price of XRP, the company’s associated cryptocurrency, during Friday's early trading hours.
Considering the macroeconomic impact of the SEC's Ripple lawsuit reversal, what is the best crypto to buy now?...
Read More: Best Crypto to Buy Now October 20 – Stacks, eCash, Bitcoin Cash

FBI Charges Six in Connection with $30M Crypto Crime Ring

Fri, 20 Oct 2023 19:13:00 +0000

The Federal Bureau of Investigation (FBI) filed charges on Wednesday against six individuals for allegedly running an unlicensed money-transmitting business involving $30 million in cryptocurrencies.
The information came to light through court documents filed in the Southern District of New York. The accused are charged with converting bitcoin and other digital currencies into cash via the darknet, without having the necessary licenses for money transmission in the state of New York....
Read More: FBI Charges Six in Connection with $30M Crypto Crime Ring

Bitfinex's CTO Paolo Ardoino Endorses RGB Protocol for Bitcoin Stablecoins

Fri, 20 Oct 2023 19:00:00 +0000

Paolo Ardoino, the chief technology officer (CTO) at crypto exchange Bitfinex, has expressed his support for the RGB protocol as the "best opportunity" for issuing stablecoins on the Bitcoin network.
In an interview with crypto news outlet The Block, Ardoino said he sees RGB as the “rightful successor” to the Omni protocol, which was previously used by Tether for issuing USDT stablecoins....
Read More: Bitfinex's CTO Paolo Ardoino Endorses RGB Protocol for Bitcoin Stablecoins

Biggest Crypto Gainers Today on DEXTools – COINRIG, BLOX, LOONG

Fri, 20 Oct 2023 18:53:00 +0000

Optimism that the SEC will soon approve a spot Bitcoin ETF is growing and this is sending Bitcoin (BTC) and the broader crypto market higher on Friday.
Bitcoin was last trading in the mid-$29,000s, up over 3% in the last 24 hours and up nearly 11% in the last seven days, as per CoinGecko....
Read More: Biggest Crypto Gainers Today on DEXTools – COINRIG, BLOX, LOONG

Testimony from the FBI, Kendall Jenner, and Revealing Twitter Messages: Recapping the Third Week of the SBF Trial

Fri, 20 Oct 2023 18:28:00 +0000

The action-packed third week of Sam Bankman-Fried's historic fraud trial concluded Thursday afternoon in Manhattan federal court. Here's what you missed.
The prosecution started with a bang as Nishad Singh delivered a powerful testimony against the now-disgraced FTX founder.
Singh testified that customer deposits into FTX were "spent and lost" by sister company, Alameda Research, on "real estate investments, VC investments, campaign donations, and speculative events in trading."...
Read More: Testimony from the FBI, Kendall Jenner, and Revealing Twitter Messages: Recapping the Third Week of the SBF Trial