SOL price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500. Read More at https://cointelegraph.com/news/solana-chart-cup-and-handle-sol-price-2000-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
Bitcoin hashrate hits all-time high, boosting network security
The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms. Read More at https://cointelegraph.com/news/bitcoin-hashrate-hits-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lowest search interest since 2020 — 5 things to know in Bitcoin this week
Bitcoin achieves its highest weekly close in four months as BTC price predictions see $70,000 and more after a support retest. Read More at https://cointelegraph.com/news/lowest-search-interest-since-2020-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What is cryptocurrency insurance, and how does it work?
Learn about the ins and outs of cryptocurrency insurance, coverage options and why it’s essential in today’s volatile crypto landscape. Read More at https://cointelegraph.com/explained/what-is-cryptocurrency-insurance-and-how-does-it-work?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japan political party leader promises crypto tax cuts if elected
The tax cut down to 20% is part of Democratic Party for the People leader Yuichiro Tamaki’s broader plan to make Japan a Web3 leader. Read More at https://cointelegraph.com/news/japan-political-party-leader-pledges-to-lower-crypto-taxes-to-20-percent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin open interest exceeds $40B amid brush near $70K
High open interest signals more leverage, which could induce another flush-out if positions are liquidated. Read More at https://cointelegraph.com/news/bitcoin-open-interest-exceeds-40-billion-as-brushes-almost-70k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Buterin pitches solutions to Ethereum’s staking, block production issues
Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether. Read More at https://cointelegraph.com/news/buterin-proposes-solutions-ethereums-centralization-woes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits. Read More at https://cointelegraph.com/news/governments-either-tax-ban-bitcoin-maintain-deficits-fed?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tapioca offers $1M to ‘social engineering’ attacker who stole $4.7M
DeFi protocol Tapioca DAO said it was hacked for $4.7 million, now its offering its attacker a “significantly higher” bounty to try get most of the funds back. Read More at https://cointelegraph.com/news/tapioca-offer-bounty-to-4-million-phishing-attacker?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stripe acquires stablecoin platform Bridge for $1.1B: TechCrunch founder
The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins. Read More at https://cointelegraph.com/news/stripe-acquires-stablecoin-platform-bridge-techcrunch-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound