ANALYSIS: According to CryptoQuant, Bitcoin short-term holders are "likely taking on more risk" as their realized cap increases by $6 billion, indicating a bullish sentiment as Q4 2024 begins.
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JUST IN: Puffer Finance has launched Fast Path Rewards, a funding mechanism for permissionless validators on its liquid restaking protocol.
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RECENTLY: The UAE has exempted cryptocurrency transfers and conversions from VAT, with retroactive application from January 1, 2018, positioning itself as a crypto-friendly jurisdiction.
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RECENTLY: Ethereum co-founder Vitalik Buterin donated 100 ETH, worth $242,000, to the legal defense fund for Tornado Cash developers, according to Spot On Chain, following a prior donation of 30 ETH in May.
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ANALYSIS: Economist Henrik Zeberg predicts Bitcoin could surge to $115,000-$123,000 in a blow-off top move during Q4 of this year.
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JUST IN: CoinList CEO Raghav Gulati criticized EigenLayer's token issues, emphasizing the need for fair pre-launch pricing and equal vesting terms for both team members and sale participants.
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JUST IN: Analyst PlanB suggests that Bitcoin’s next surge could be triggered by the US elections, with crypto whales waiting for the outcome before making significant moves.
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RECENTLY: The EOS Network Foundation announced that the blockchain's TVL has hit a new all-time high of $272.16 million $EOS, surpassing the previous $263.03 million record.
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JUST IN: ZachXBT accused crypto influencer Ansem of misleading followers by promoting and manipulating low-cap memecoins, sparking a public dispute after TOKEN2049.
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RECENTLY: MicroStrategy has announced a job opening for a "Bitcoin Advocacy Manager," seeking candidates with 3-5 years of experience.
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JUST IN: Reports say the official LEGO online shop was briefly hacked by crypto scammers to promote fraudulent schemes.
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RECENTLY: Tectum has launched the SoftNote Wallet App on iOS, enabling instant, zero-fee crypto transactions, with an Android version set to follow later this month.
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RECENTLY: DarkFi launched DarkIRC, an anonymous chat platform aimed at countering crypto developer censorship, allowing users to communicate without identity tracking or registration.
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JUST IN: Shiba Inu's burn rate soared by 1,041.91%, with over 6.54 million SHIB tokens burned, sparking speculation of a potential price rally.
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JUST IN: A report from Spotonchain reveals that Vitalik Buterin sold multiple meme coins, including MOODENG, DEGEN, NEIRO, and KABOSU, as well as the stablecoin USDT. The sale netted him 140.67 ETH, worth approximately $242,000 at the time.
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RECENTLY: DMCC Crypto Centre and Swiss VC firm CVVC have partnered to enhance Web3 ecosystems in Dubai and Switzerland, fostering collaboration and innovation in blockchain technology.
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RECENTLY: TON has launched Memelandia, a decentralized hub to enhance its meme coin ecosystem through Telegram integration.
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ANALYSIS: AMBCrypto reported that Bitcoin is following a 2023 trend, as noted by analyst Mister Crypto, with rising buying pressure potentially signaling an upcoming bull rally.
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RECENTLY: Marcos Galperin, CEO of Mercado Libre, expressed that cryptocurrencies will be crucial for future finance, highlighting his 2013 bitcoin investment and its independence from government devaluation.
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RECENTLY: Telegram plans to introduce NFT conversions for its new Gifts feature, allowing users to tokenize limited-edition gifts into blockchain collectibles later this year.
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RECENTLY: A new report shows that cash, not crypto, remains the primary tool for criminals, while blockchain transparency aids in preventing illicit activities (Merkle Science, 2024).
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JUST IN: Raoul Pal warns investors that fears of recession and inflation are misplaced, predicting a historic opportunity for risk assets as global liquidity rises and inflation falls below 2%.
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ANALYSIS: Santiment reports that MultiversX (EGLD) leads the digital asset gaming sector with 264.9 significant GitHub events in the past 30 days.
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RECENTLY: Jamie Dimon, CEO of JPMorgan Chase, denied claims of endorsing Donald Trump for president after Trump asserted his support on social media.
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JUST IN: Cardano founder Charles Hoskinson praised Sui as a superior blockchain to Solana, highlighting its innovations and recent success.
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JUST IN: Reports say scammers drained $17,900 from a JPMorgan Chase account and transferred it to Wells Fargo, with both banks refusing to reimburse the customer.
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STUDY: A Social Capital Markets report shows crypto leaders have received a combined 272 years in prison, with a 267% rise in conviction rates from 2019 to 2023 due to increased legal scrutiny.
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ANALYSIS: According to The Block's Data Dashboard, Polymarket saw record highs in trading activity and a 42% rise in active traders in September, as the 2024 U.S. presidential election approaches.
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TODAY: Bitcoin Fear & Greed Index is at 49, signaling a "Neutral" sentiment in the cryptocurrency market
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ANALYSIS: Data from Coinglass shows a 26.31% spike in Shiba Inu coin derivatives to over $307 million, with SHIB open interest rising 14.65%, or $53 million.
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