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Bitcoin Approaches Crucial Level as Open Interest Concerns Abound: Bitfinex

Bitcoin (BTC) is approaching a crucial price range, one that analysts say will be the first real resistance test. The cryptocurrency surpassed $69,500 on October 21, crushing the level last seen in late July when Bitcoin-friendly U.S. presidential candidates Donald Trump and Robert F. Kennedy gave highly anticipated speeches at the Nashville Bitcoin Conference. Despite […]

BlackRock’s IBIT Defies Bitcoin ETF Outflow Day With $329 Million in Inflows

Investors purchased a whopping 4,869 BTC worth $329 million through BlackRock’s iShares Bitcoin Trust (IBIT) on Oct. 21. The move came as crypto markets retreated and competing spot Bitcoin exchange-traded funds in the United States saw outflows. All other funds aside from Fidelity’s saw zero or negative flows, resulting in the total net inflow for all […]

ApeExpress Launches on ApeChain: $BORED Reaches $22 Million Market Cap Shortly After Debut

[PRESS RELEASE – London, UK, October 21st, 2024] ApeExpress has officially launched on ApeChain, offering a streamlined platform for users to create and deploy tokens quickly, tapping into meme culture and emerging trends. This new service allows anyone to launch tokens with ease, enhancing accessibility within the Yuga Labs ecosystem. $BORED Among Top Tokens Launched […]

‘Eliminate Bitcoin:’ ECB Fears Highlighted in Latest Anti-BTC Tirade

In a post on X on Oct. 20, adviser to the Senior Management of the Market Infrastructure and payments business area of the ECB, Jürgen Schaaf, labeled Bitcoin “a speculative bubble that will eventually burst.” He claimed that this would leave behind “substantial social damage amid its high energy use and facilitating illicit payments.” The […]

3 Things That Could Move Crypto Markets Higher This Week

Crypto market capitalization has topped $2.5 trillion for the first time since late July as Bitcoin powers towards $70,000, but will this week’s economic reports propel it further? Additionally, the United States presidential election is just two weeks away, “which should begin to bring more volatility,” commented the Kobeissi Letter. Economic Events Oct. 21 to […]

Binance Helps Delhi Police Crack Solar Scam, Seizing 100,000 USDT in Crypto

Binance revealed collaborating with the Delhi Police to take down a “sophisticated scam” orchestrated by a fraudulent entity known as “M/s Goldcoat Solar.” According to the press release shared with CryptoPotato, the crackdown resulted in several arrests and the confiscation of more than 100,000 USDT in crypto assets. Solar Scam Busted As part of the […]

Hong Kong Police Bust Deepfake Romance Crypto Scam That Resulted in $46M Theft

The Hong Kong Police Force (HKPF) has dismantled a massive cross-border fraud operation that used deep fake technology to con men into phony cryptocurrency investments. The scam targeted men through fake online romances, with the victims reportedly being conned out of approximately $46 million. 27 Arrested in Raid on Fraud Center Local media reports revealed […]