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Bitsa launches new safety card feature

European prepaid card provider Bitsa has launched a new feature that enhances the privacy and security of its users. The Disposable Prepaid Card for Online Purchasing feature allows users to make purchases while protecting their financial information. You might also like: Bitsa Prepaid Crypto Card Adds Monero (XMR) Support The Disposable Prepaid Card for Online Purchasing feature offers several advantages for users, such as: Reducing the risk of identity theft or fraud, as users do not have to share their financial data with untrusted online stores or platforms. Avoiding censorship and intermediaries, with users being able spend their crypto directly without relying on banks, governments, or corporations. Controlling their spending, as customers can set a limit and an expiration date for each disposable card and activate or deactivate them at any time. The company explained in a press release that the feature is a game-changing innovation that leverages the power ...

Crypto market turns green as investors expect another bull run

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The global crypto market has suffered a strong bearish momentum since early 2022. However, Bitcoin’s (BTC) surge above $30,000 has triggered a market -wide rally for most altcoins. According to the data provided by CoinMarketCap (CMC), the global crypto market capitalization hiked by 2.05% in the past 24 hours, reaching roughly $1.16 trillion. Per the data aggregator, the market ’s 24-hour trading volume surged 21%, surpassing the $47 billion mark. As the market rallies, Bitcoin’s price witnessed a 2% surge and is trading at $30,730 at the time of writing. BTC’s market dominance hiked to 51.5%. This suggests that the flagship cryptocurrency, Bitcoin, could’ve driven the recent rally. BTC price on Oct. 23 | Source: Trading View Moreover, the “fear and greed” index has also surpassed the 55-point mark, reaching a three-month high despite the negative impact of the Israel-Hamas war. You might also like: FBI charges 6 for running $30m crypto ring Crypto investor and...

Weekly Cryptocurrency Market Analysis: Altcoins Retreat While Cryptocurrencies Hit Superior Resistance Levels

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Oct 22, 2023 at 09:05 // Price Author Coin Idol Five best performing according to the price rise cryptocurrencies of the week are Bitcoin SV, MX TOKEN, Solana, Stacks, Mantle. Cryptocurrency Analysis by Coinidol.com. The cryptocurrencies listed below have regained their bullish momentum. Buyers are struggling to regain their bullish momentum as bulls struggle with overriding resistance levels.  Bitcoin SV Bitcoin SV (BSV) is in a sideways trend. Since July 1, overhead resistance at $56 has forced the altcoin to resume its sideways trend. Buyers hav...

‘Rich Dad’ R. Kiyosaki issues ‘wake up’ call, says Bitcoin to hit this major price

Robert Kiyosaki, the renowned author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has shared his insights on potential price trends for key financial assets that he believes will outperform fiat currency. In an X (formerly Twitter) post on October 20, Kiyosaki expressed his confidence in the prospects of gold, silver, and Bitcoin (BTC). He suggested that these assets are poised for an upward trajectory. Kiyosaki stated that once gold surpasses the $2,000 threshold, it will likely experience significant growth, while Bitcoin appears to be on track to exceed the $100,000 mark. Amid this discussion, Kiyosaki maintained his skepticism toward the value of the US dollar, referring to it as “fake.” According to Kiyosaki:  “Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700.  Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce. Sav...

Polkadot’s Q3 treasury data shows 61% increase in expenditure

Polkadot’s Q3 2023 Treasury Report reveals a significant uptick in spending across research and development.  Polkadot’s latest Q3 2023 Treasury Report has unveiled a significant, 61 percent increase in its spending, with heavy investments in Research and Development. This increase d spending could be the potential reason behind recent layoff rumors that have swept through organizations associated with Polkadot. Polkadot Treasury Report – 2023 Q3 Posted a new report to the forum! – Polkadot Governance spent 21m USD this year already – New: Subcategories! Detailed view over spending buckets – OpenGov refuses to pay for parties Read: https://t.co/RGPLH1eHTv Spoilers pic.twitter.com/W8ZSeSKcb5 — Alice und Bob (@alice_und_bob) October 19, 2023 Polkadot elevates spending in selective areas Polkadot has shown a notable uptick in spending for 2023, with $21 million compared to $13 million in the previous year. However, this increase is d...

Coinbase reveals reasons behind recent bridge hacks in crypto

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Coinbase’s Institutional research team notes many bridge hacks occurred due to the complexities around source chain commit and cross-chain relay. Cyber incidents related to cross-chain bridges are likely to decrease in the foreseeable future as many protocols continue adopting rollup solutions alongside increased scrutiny on secure designs. According to Coinbase Institutional’s recent research report, most of the largest bridge hacks over the past few years happened due to the complexities around the signing and validation of messages by the relayers. These third-party services facilitate the transaction of data between different blockchains. Value lost due to cross-chain bridge s related to other incidents in the crypto industry | Source: Coinbase David Han, Institutional Research analyst at Coinbase, referred to the notorious Ronin bridge hack when a hacker using a social phishing scheme got five out of nine private keys needed to forge data payloads to signify ...

The use of cryptocurrency by Hamas undermines Coinbase lobbying efforts: Berenberg analysts

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In the realm of crafting content, three key elements demand attention: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges textual intricacy, while burstiness assesses the diversity of sentence structures. Simultaneously, predictability indicates the likelihood of anticipating the subsequent sentence. Human-generated content often exhibits heightened burstiness, incorporating a mix of lengthy, complex sentences and concise ones. In contrast, AI-generated sentences tend to display more uniformity. Consequently, for the content you are about to create, a balance of perplexity and burstiness is essential, coupled with minimized predictability. English is the sole language for this task. Now, let’s rephrase the provided text: Recent reports suggesting that Hamas utilized cryptocurrency to finance attacks in Israel could pose challenges for Coinbase’s lobbying endeavors, as stated by Mark Palmer, the lead analyst at...

Israel finds new ally in crypto amidst conflict

The crypto and Web3 community has mobilized to support relief efforts in Israel in response to the recent wave of Hamas terrorist attacks. The grassroots initiative, Crypto Aid Israel, has raised over $185,000 to date, with participation from over 30 companies worldwide. According to an announcement shared with crypto .news, the funds raised have gone towards immediate aid distribution to organizations providing essential services to Israelis impacted by the conflict . Two rounds of contributions have already been made, totaling 200,000 NIS (approximately $50,000 USD). Recipients include the Foundation for Advancing Citizens of Eshkol Regional Council, which supports communities near Gaza often excluded from government assistance. Crypto Aid Israel provided funds for transportation and shelter for evacuated citizens. Zaka, Israel’s volunteer emergency response organization, received support to secure medical equipment and protective gear for volunteers operating in combat zon...

Sam Bankman-Fried's lawyers can't stop making mistakes

At a glance The Defense team for Sam Bankman-Fried has repeatedly walked into hilarious mistakes . Judge Lewis Kaplan has constantly reprimanded Mark Cohen and Christian Everdell for wasting time . Is there a larger strategy behind what seems like mere ineptitude? Sam Bankman-Fried’s white-shoe lawyers have a very hard job. They also seem to be doing it quite poorly. Indeed, at their lowest moments, Mark Cohen and Christian Everdell are like the Laurel and Hardy of bad lawyering. In the third week of trial, Bankman-Fried’s defense team has yet to establish any real counter-narrative to the prosecution’s case — but worse, they’ve made repeated, serio US missteps that actually seemed more likely to harm SBF in the eyes of the jury than to help him . One sterling example came on Thursday, October 12, as Cohen was cross-examining former BlockFi CEO Zac Prince about the due diligence process at the now-collapsed crypto lender. Cohen and Prince were reviewing a report f...

Recent Funding Rounds for Crypto Projects & Companies on Oct 18th🚀💰

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Cryptocurrency and blockchain companies continue to attract significant funding in the ever-evolving digital landscape. On October 18, 2023, two noteworthy funding rounds took place, showcasing the industry’s vitality and potential. Let’s dive into the details of these funding rounds: 1. Prove Identity – Securing the Digital Realm with $40M Date: October 18, 2023 Financing Amount: $40 Million Valuation: Undisclosed Category: Others Subcategories: Identity, Privacy, Security About Prove Identity, Inc. – A Leader in Digital Identity Solutions Prove Identity, Inc. (“Prove”) has established itself as a global leader in digital identity solutions, and its recent funding round underscores its significance in the field. This $40 million funding round, led by MassMutual Ventures and Capital One Ventures, will further propel Prove’s mission to reshape the digital identity verification and authentication landscape. Prove’s succ...

Peter Schiff is wrong about Bitcoin

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Peter Schiff, the Chief Market Strategist at Euro Pacific Asset Management, is one of the most respected people in finance. He has been right on so many things in the past, including the pace of interest rates, US government debt, and the ongoing risks in the market. I share most of his concerns. One area I disagree with Schiff is on his  Bitcoin outlook. For a long time, Schiff has advocated against Bitcoin, which he believes that has no value. Instead, Schiff, who also runs a gold company called Schiff Gold, has advocated for gold. Finally @novogratz got something right about #Bitcoin. He admitted that it's not bought, but sold. No one needs Bitcoin. So people only buy it after someone else talks them into doing so. Then once they buy, they immediately try to convince others to buy too. It's like a cult. — Peter Schiff (@PeterSchiff) October 18, 2023 Gold has done well over years. It has moved from $35 in 1970s to almost $2,000 today and he ex...

Litecoin Maintains Its Horizontal Trend And Stays Above $61

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Oct 18, 2023 at 06:06 // Price Author Coin Idol Cryptocurrency price Analysis brought by Coinidol.com. Litecoin (LTC) has maintained its sideways movement between $61 and $68. This price range has not changed since August 17. Long-term forecast of Litecoin price: fluctuation range Litecoin has declined in the last week, reaching a low of $60 on October 12. The cryptocurrency's price consolidated above the current support level before recovering. The altcoin rose above the moving average lines and reached a high of $66. LTC's last high was immediat...

The Nigerian government funds AI projects with $290K in grants.

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The Nigeria Artificial Intelligence Research Scheme, recently introduced, aims to promote the extensive application of AI to drive economic progress. On Friday, October 13th, the Nigerian Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, unveiled a groundbreaking plan. The government’s intention is to allocate 5 million naira (equivalent to $6,444) to 45 startups and researchers with a profound focus on artificial intelligence (AI). This initiative was publicly disclosed by the minister through a post on X (formerly known as Twitter). It constitutes a pivotal component of the newly introduced Nigeria Artificial Intelligence Research Scheme, which seeks to facilitate the widespread integration of AI to catalyze economic advancement. Exploring the official website of this scheme, we discover that its key focus areas encompass agriculture, education, workforce development, finance, governance, healthcare, utility services, and sustainability. To qualify for...

Uniswap Implements New Fees: Charges 0.15% On Specific Tokens

Uniswap has introduced a 0.15% swap fee on particular tokens. The daily fees charged on Uniswap V3 may be between $388,000 and $444,000. 35% to 40% of the transaction volume on Uniswap happens on the front end. According to Colin Wu, a renowned blockchain-focused Chinese reporter, the daily fees charged on Uniswap V3 may be between $388,000 and $444,000. Wu noted that about 35% to 40% of the transaction volume on the decentralized exchange happens on the front end. Currently, about 35%-40% of the transaction volume in Uniswap is completed through front end, H/T @1kbeetlejuice. Ethereum Uniswap V3 in the past 24h is $810m, excluding major stablecoin pairs, which is $740m, the daily fees charged by V3 may be $388k-444k.… https://t.co/EAeV6xwQHX — Wu Blockchain (@WuBlockchain) October 17, 2023 Wu had earlier posted about introducing a 0.15% swap fee on Uniswap for particular tokens. The tokens in this category include ETH, USDC, WETH, USDT, DAI, WBTC,...

Coinbase suspends 80 non-USD trading pairs to improve liquidity

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Coinbase crypto exchange has been removing dozens of trading pairs in an effort to improve liquidity on its platforms. The United States-based cryptocurrency exchange Coinbase is removing dozens of trading pairs in order to improve liquidity on its platform. Coinbase has suspended 80 non-USD trading pairs including the pairs with cryptocurrencies like Bitcoin (BTC), stablecoins like Tether (USDT) and fiat currencies like the euro. Announcing the news on Oct. 16, Coinbase said that the trading pairs’ removals aim to improve “overall market health and consolidate liquidity.” The trading pairs were removed from the Coinbase exchange and other platforms like Advanced Trade and Coinbase Prime at 19:30 UTC on Oct. 16. 80 non-USD trading pairs that were removed from Coinbase on Oct. 16. Source: Coinbase Status The latest trading pairs’ removals on Coinbase come in line with the exchange’s plans to suspend the markets announced in early October. Coinbase emphasized that users of the affected ...

CZ Notices Crypto Enthusiasts Gravitating Towards UAE or Bahrain

Binance CEO notes growing interest in UAE and Bahrain among crypto enthusiasts. The crypto community debates the favorable regulations in the Middle East compared to the US. One user encourages CZ to acknowledge Nigeria’s strong presence in the crypto scene. Changpeng Zhao (CZ), the CEO of Binance, recently shared his observation on the X platform about the trend of individuals involved in the crypto industry. According to CZ, crypto enthusiasts tend to gravitate towards the United Arab Emirates (UAE) and Bahrain. CZ noted that the trend has caught his attention. In his words, “It feels like every crypto guy I know is in UAE or Bahrain.” It feels like every crypto guy I know are in UAE or Bahrain — CZ Binance (@cz_binance) October 15, 2023 Zhao’s sentiment elicited various reactions from the crypto community. Some commenters opined that the appeal of the UAE and Bahrain is largely attributed to their crypto-friendly policies and active a...

Fake spot Bitcoin ETF approval news pushes BTC to $30k

Bitcoin spikes to highs of $30k amid fake spot ETF news. BlackRock has confirmed its spot Bitcoin ETF application remains under review. Over $130 million shorts were liquidated as the price of Bitcoin shot to near $30k on Monday A relatively quiet crypto market sparked into a frenzy for a few minutes on Monday as news spread that the Securities and Exchange Commission ( SEC ) had approved the first Bitcoin ETF . Bitcoin price soared more than 10% within no time as major crypto news accounts on X seized on the news, with BTC rising to $30,000 on crypto exchange Coinbase. This was Bitcoin’s highest level since August 9. Spot Bitcoin ETF approval was ‘fake’ First, Fox Business reporter Eleanor Terret posted on her X account that BlackRock’s iShares Bitcoin ETF had not been approved. She cited a statement from the $9 trillion asset manager that indeed its “application is still under review.”  Bloomberg and the Wall Stre...