October 27, 2023

Kraken To Suspend All USDT, WBTC Deposits In Canada

Crypto exchange Kraken has confirmed that it plans to close all trading, deposits, and withdrawals for Tether USD (USDT), Wrapped Bitcoin (WBTC), and other reserve-backed assets in Canada. The suspension follows a similar stablecoin clampdown at other Canadian exchanges, amid regulatory guidance pertaining to the legal standing of such tokens. No More Value-Pegged Tokens At...
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Atato Forms Strategic Integration with Cronos Chain and XRP Ledger for Digital Asset Custody

Digital asset custodian Atato announced a strategic integration with Cronos Chain and the XRP Ledger. The main objective of the partnership is to make a substantial influence through its innovative Bring-Your-Own-Chain (BYOC) feature. The integration is expected to boost both the DeFi and GameFi sectors while simultaneously strengthening the XRP Ledger’s (XRPL) role in the...
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Crypto Isn’t Primarily Responsible For Terrorist Financing, Says US Treasury Official

U.S. Deputy Treasury Secretary Wally Adeyemo confirmed in a speech on Friday that crypto plays a relevant, but still relatively minor role in global terrorist financing operations. His comments bear a stark contrast to claims from a massive lineup of congresspeople earlier this month, asserting that crypto is responsible for over $130 million in Hamas...
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IRS Extends Comment Period for Crypto Reporting Regulations Amid Public Interest Surge

In response to the widespread interest and concern generated by its proposed crypto reporting regulations, the Internal Revenue Service (IRS) has decided to extend the comment period by an additional two weeks. This move grants stakeholders more time to express their opinions, with the new deadline of November 13, 2023. Previously, stakeholders were required to...
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Chainlink Price Could Drop Below $10, Says an Analyst; Was This a Fake Breakout?

The crypto markets are consolidating after triggering a fine upswing in the past few days. After reaching new yearly highs above $35,000, Bitcoin’s dominance is also rising, heading to new highs. This could hinder the progress of the altcoins, as more than half of the volume is flowing into BTC at present, affecting the value...
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Solana-Based Products Lead with 74% AUM Increase in October: CCData

October witnessed significant advancements in the industry owing to the launch of six ETH Futures ETFs, offering investors a chance to delve into Ether futures. Bitcoin responded positively to the developments. Further gains were fueled by speculations about BlackRock’s application approval of a spot BTC ETF in the United States. As a result, the total...
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US Appeal Court Rules in Favor of Craig Wright in Bitcoin Ownership Dispute

The United States Court of Appeals for the Eleventh Circuit has ruled in favor of self-proclaimed Bitcoin creator Craig Wright in his legal dispute with Ira Kleiman over rights to bitcoin (BTC) worth billions of dollars. According to an official document, the Appeal Court ruled that the district court’s verdict would stand as there is...
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Tether Sets the Record Straight: No Violations of Sanctions Laws, No Terrorist Ties

Last week, the Wall Street Journal inaccurately reported that Hamas and affiliated terror groups had received tens of millions of dollars in cryptocurrency, which was allegedly being used to support the ongoing conflict in the Middle East. However, blockchain analytics firms, such as Chainalysis and Elliptic, have contradicted this claim, suggesting that the actual funding...
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Envelop Presents NFT2.0 Aggregator

[PRESS RELEASE – Please Read Disclaimer] What is NFT2.0 Aggregator? NFT 2.0 is the most important element of the programmable assets market. NFT 2.0 is a part of Web 3.0, which is related to such areas as GameFi, TradeFi, DeFi 2.0, SocialFi and others. Envelop has gathered all of the industry’s projects into a single...
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Bitcoin Hit ATH in Nigeria, Argentina, and Turkey Amid Raging Inflation

Bitcoin is trading at a premium in several countries facing extreme currency devaluation and political uncertainty, including Nigeria and Turkey. As of Friday morning, the leading cryptocurrency is hitting new all-time highs (ATH) in Nigeria, Turkey, and Argentina as residents turn to the safe haven asset amid soaring inflation rates. Bitcoin Hits New High in...
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Shiba Inu Whales Accumulate Billions as SHIB Begins to Recover

In recent days, the Shiba Inu (SHIB) community has been abuzz with news of significant whale activity. Large holders of SHIB tokens, known as whales, have accumulated billions of tokens. Thus, leading to a surge in interest and speculation within the cryptocurrency market. This article delves into the details of this unprecedented whale movement. Explore...
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Justin Sun Claims Record HTX Profits This Quarter

HTX – Huobi’s rebranded international exchange – has had its best quarter ever, according to CEO Justin Sun. Although the rebranded exchange got off to a rough start with several hiccups, things have started moving in the right direction, Sun claimed. Drastic Measures Taken to Ensure Success Earlier this year, HTX faced an employee revolt....
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Pro-Crypto Lawmakers Call for Swift DOJ Investigation into Binance and Tether

In a surprising development, Senator Cynthia Lummis and Representative French Hill, popular pro-crypto lawmakers, have urged the U.S. Department of Justice to expedite the investigation against Binance and Tether for illicit financial activities. Binance, the largest crypto exchange, and Tether, the biggest stablecoin issuer, have been implicated in a scheme for facilitating terrorist financing. Accusations...
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Part 2: The Role of Triangles

This piece will delve further into triangular continuation patterns, and how their angles can help you take your trading to the next level. It is a continuation of a previous look at the basics of chart patterns and its different types (flags, pennants and wedges).   What are Triangular Patterns?  A triangle pattern is observed...
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SpaceCatch Ecosystem Boosts Tokenomics for Amplified Profitability

[PRESS RELEASE – Please Read Disclaimer] SpaceCatch just launched the closed-beta version focusing on the ”product-first” philosophy. The “Pokémon GO killer” also comes out with several changes to $CATCH tokenomics. SpaceCatch and The Product-First Philosophy This innovative crypto game, SpaceCatch, which is prospected to be the “Pokémon GO killer,” has dedicated over a year to...
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These Are Bitcoin’s Two Major Resistances Before its Leap to $125K: Matrixport

As Bitcoin hovers near the $35,000 mark, igniting a widespread surge in the crypto market, a new report hints at more gains in the offing for the flagship crypto asset. Matrixport, the digital asset trading firm established by Wu Jihan, co-founder of Bitmain, believes the current bull market actually initiated in June this year when...
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Coming Soon: GASUSDT Perpetual Swap Listing

A new listing – GASUSDT – featuring Gas – one of the tokens of the NEO platform, will be available to trade on BitMEX, and with up to 10x leverage from Monday 30 October 2023.  For the lowdown on the latest listing, read on.  If you haven’t signed up for a BitMEX account yet, we’re...
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ZachXBT Exposes Canadian Scammer Yahya in Multiple SIM Swap Attacks, Leading to $4.5M Theft

ZachXBT is back with yet another exposé. This time, a Canadian scammer known as Yahya has been exposed by the pseudonymous on-chain sleuth for their alleged involvement in 17+ SIM swaps, which resulted in the theft of more than $4.5 million. ZachXBT Unmasks Fraudster Yahya ZachXBT discovered that Yahya’s role involved conducting account searches on various...
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BetFury Drops $1,000,000 for its 4th Anniversary Celebration

[PRESS RELEASE – Willemstad, Curacao, October 26th, 2023] BetFury celebrates its 4th Anniversary and drops $1,000,000. Each user can share the main prize along with other profitable rewards. Users are invited to join BetFury’s big birthday crypto party and participate actively for a chance to win a share of the great prize. Users can use...
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Sam-Bankman Fried Takes the Stand In Court, But With No Jury

FTX founder Sam Bankman-Fried testified for the first time during his own fraud trial on Thursday, in what expert onlookers are calling a “hail mary” to rescue himself from conviction. The examination pertained to scandalous private Signal messages he’d shared with his former colleagues, and whether or not he was ever authorized to delete such...
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Bitcoin (BTC) $ 97,685.17 4.51%
Ethereum (ETH) $ 3,137.82 0.62%
Tether (USDT) $ 1.00 0.01%
Solana (SOL) $ 242.50 1.89%
BNB (BNB) $ 609.78 0.88%
XRP (XRP) $ 1.12 0.88%
Dogecoin (DOGE) $ 0.383934 2.24%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,136.41 0.61%
Cardano (ADA) $ 0.782285 7.12%