October 29, 2024

DOJ Charges Crypto Exchange Operator With Laundering Silk Road Proceeds

Maximiliano Pilipis, a 53-year-old former resident of Noblesville, Indiana, has been indicted by a federal grand jury on five counts of money laundering and two counts of failing to file a tax return. The indictment alleges that Pilipis laundered substantial funds, including proceeds from Silk Road, through his operation of an unlicensed virtual currency exchange...
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Shiba Inu (SHIB) Eyes 50% Rally, Insights from On-Chain Data

In the ongoing potential bull run, Shiba Inu (SHIB), the popular and the second-largest meme coin is about to end its consolidation and is poised for a massive upside rally. This bullish speculation arises from the coin’s positive price action and the continuous attention from investors and traders. Shiba Inu Technical Analysis and Upcoming Levels...
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Liquidity.io to launch with over a Billion in LOIs in Alternative Investments after ARQ Securities receives its Digital Alternative Trading System (ATS) License

[PRESS RELEASE – Whitefish, Montana, October 29th, 2024] ARQ Securities is pleased to announce it has received its Digital Alternative Trading System (ARQ Securities ATS) and is launching the platform on Liquidity.io [today October 29th, 2024]. Liquidity.io is a cutting-edge platform designed to revolutionize the trading and settlement of private credit and private stock for...
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KRNL Labs raises $1.7m pre-seed to build the Largest Open Software Library in Web3

[PRESS RELEASE – London, UK, October 29th, 2024] The funding will support network growth in KRNL Labs’ quest to build the node package manager for decentralized computing KRNL Labs is pleased to announce a $1.7 million pre-seed funding round to build the largest open, multichain software registry in Web3. The round was backed by notable...
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PAID Network Unveils Revolutionary Community-Centric Crowdfunding with Exclusive LCO for Blast Royale

[PRESS RELEASE – Dubai, UAE, October 29th, 2024] PAID Network ($PAID), a leading decentralized token crowdfunding platform, is thrilled to announce the launch of an exclusive Low FDV Community Offering (LCO) for Blast Royale, a Tier 1 blockchain game backed by industry giants such as DragonFly Capital, Mechanism Capital, and Animoca Brands. With over 1...
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Foresight Ventures Announces Strategic Partnership with Deep Blue and Arta TechFin to Enhance Stablecoin and RWA Business Initiatives

[PRESS RELEASE – Singapore, Singapore, October 29th, 2024] Foresight Ventures, the leading investment firm specializing in Web3 projects, today announced a strategic partnership with Deep Blue, a newly launched Jersey-based stablecoin issuer and Arta TechFin Corporation Limited (Arta TechFin, HKSE: 0279), a Hong Kong listed company via its subsidiaries operating regulated financial institutions and leading...
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Here’s What Can Push Bitcoin’s Price Even Higher This Year: Arthur Hayes

Chinese monetary expansion could potentially drive wealthy investors to Bitcoin. If such a trend materializes, it will end up repeating 2015’s pattern of post-yuan-devaluation cryptocurrency growth. Arthur Hayes, the co-founder of BitMEX, predicts a significant surge in Bitcoin’s value driven by this monetary policy shift. Bitcoin As Hedge In his recent blog post, Hayes argues...
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Trump’s Crypto Project Plans to Issue Stablecoin: Report

Donald Trump’s latest foray into cryptocurrency, World Liberty Financial (WLF), is said to be preparing to issue its own stablecoin as part of an ambitious expansion plan. The news comes even as the project’s recent sale of its native token, WLFI, has only secured about $14 million from slightly more than 16,000 buyers. WLF Stablecoin...
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Massive Bitcoin Volatility Imminent as U.S. Presidential Election Draws Near: Bitfinex

The next few weeks will see bitcoin (BTC) experience massive volatility due to uncertainty surrounding the United States presidential election, the “Trump trade” narrative, and the Q4 seasonality performance the asset has witnessed in past years. Analysts at the crypto exchange Bitfinex said in a weekly report that these factors would create a “perfect storm”...
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Bitcoin ETF Inflows Skyrocket: Will BTC Keep Climbing as Ethereum Lags Behind?

In the last 30 days, Bitcoin has recorded a surge of 8.5%. Meanwhile, during the same period, Ethereum has declined 1.0%. Since October 15, the Bitcoin Spot ETF market has seen only one day with a negative inflow. Yesterday, the market registered an impressive inflow of +$472.60M. Notably, the 2-year US Treasury Bond Yield was...
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Xandeum Confirms XAND Token Launch and xandSOL LST for October 29

[PRESS RELEASE – Las Vegas, United States, October 29th, 2024] Solana storage scaling solution Xandeum has confirmed details of its forthcoming token launch and storage-enabled liquid staking program. On October 29, 16:00 UTC, the XAND token will officially launch, offering the Xandeum community a way to participate in the network and earn rewards. The XAND...
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Avenix Fzco Releases FXSentry: What Forex Traders Need to Know

[PRESS RELEASE – Dubai, United Arab Emirates, October 29th, 2024] In the ever-shifting landscape of foreign exchange, a new player has emerged from the bustling city of Dubai. Avenix Fzco, a forward-thinking fintech firm, has unveiled its latest creation: FXSentry. This innovative forex robot is designed to seamlessly integrate with the widely-used MetaTrader 4 platform,...
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Delisting of KLAYUSD

On 29 Oct 2024 at 12:00 UTC  ( “Tsettle”), we will delist the KLAYUSD perpetual swap contract. The contract will be settled early according to the standard practice described in our Exchange Guide. The decision to delist these contracts has been made due to migration of KLAY to KAIA. At Tsettle 12:00 UTC on 29...
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Tether CEO Breaks Down Reserves Backing USDT Stablecoin

Tether CEO Paolo Ardoino has disclosed details about the stablecoin issuer’s reserves, revealing that it holds $5.58 billion in Bitcoin (BTC), $3.87 billion in gold, and approximately $100 billion in U.S. Treasury bonds. This breakdown comes as the company faces allegations of a federal investigation in the U.S. and renewed questions about its reserve backing....
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Now Live: GRASSUSDT Perpetual Swap Listings With Up to 50x Leverage 

On 29 Oct 2024 at 04:00 UTC, a new perp listing for GRASS – the native token of Grass – GRASSUSDT – is now available to trade on BitMEX, with up to 50x leverage. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified...
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加油比特币 Let’s Go Bitcoin

(Any views expressed here are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Want More? Follow the Author on Instagram and X Access the Korean language version here: Naver The Wharton business school celebrates...
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Bitcoin (BTC) $ 70,192.81 2.95%
Ethereum (ETH) $ 2,526.10 5.20%
Tether (USDT) $ 0.999143 0.10%
BNB (BNB) $ 577.78 3.02%
Solana (SOL) $ 169.08 3.88%
USDC (USDC) $ 1.00 0.01%
XRP (XRP) $ 0.511289 2.17%
Lido Staked Ether (STETH) $ 2,525.86 5.20%
Dogecoin (DOGE) $ 0.163454 3.98%
TRON (TRX) $ 0.168455 0.67%