Crypto exchange-traded products (ETPs) saw their largest weekly inflows in more than a year, according to an October 30 report from asset management platform Coinshares. Inflows were $326 million for the week ending October 27, dwarfing the $66 million recorded over the previous week. Digital asset investment products saw inflows of US$326m, the largest single…
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Last week, the criminal trial of FTX founder and CEO Sam “SBF” Bankman-Fried continued in New York, with the man himself giving testimony as part of his defense. According to the SBF, he didn’t know any details about the creation of North Dimension, an alleged “shadowy entity” used to launder customer funds from the crypto…
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The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and seven others got underway in Seoul Southern District Court in South Korea on Oct. 30, according to local news reports. Shin is accused of defrauding investors. Also at issue was whether or not Luna is a security. Shin…
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Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins. Source link
The bullish momentum that propelled Bitcoin (BTC) price to a year-to-date high continues into its third week as the price presses toward the $35,000 handle. Some notable developments that back the current bullish momentum are: The forming a golden cross between the 50-day moving average and 200-day moving average on the daily timeframe. Liquidity maps…
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Cointelegraph recently traveled to Cape Verde, West Africa, to explore whether Bitcoin (BTC) could be a tool for progress. In the latest on-the-ground video documentary from Cointelegraph, global reporter Joe Hall investigates the remittances market, cash economies, and the challenges and opportunities faced by small island nations worldwide. Cape Verde, officially the Republic of Cabo…
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The administration of United States President Joe Biden released an executive order on Oct. 30 establishing new standards for artificial intelligence (AI) safety and security. Biden’s address said it is building off previous actions taken, including AI safety commitments from 15 leading companies in the industry. The new standards have six primary touch points for…
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The ghastly events of this past month raise again some troubling questions: Does crypto have a terrorist fundraising problem? Are its networks really being exploited by terrorists to wreak global havoc? If so, what must it do better? On the other hand, maybe the problem is one of perception — more appearance than reality —…
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The Chicago Mercantile Exchange (CME), a regulated Bitcoin (BTC) Futures exchange, now stands just behind Binance in terms of notional open interest (OI) to rank second in the list of BTC futures exchanges. CME’s OI hit $3.58 billion earlier on Oct. 30, pushing the regulated derivatives exchange platform to jump two positions from the last…
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A Bitcoin (BTC) educator based in Tanzania has scaled Africa’s highest peak, Kilimanjaro, sponsoring the entire trip through Bitcoin and Nostr donations. Kweks poses with a Bitcoin and NOSTR Flag at Kilimanjaro summit. Source: X Kweks, (not his real name) crowdfunded over $1,700 in Bitcoin (0.0018 BTC) to cover the costs of the hike, which…
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