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Cryptocurrency markets were lower on Thursday, continuing gains from the beginning of the week. cryptocurrencyprice Gain +/-Bitcoin BTC/USD $66,879.97-1.3%Ethereum ETH/USD $2,583.46-1.1%Solana Sol/USD $148.51-3.8%dogecoin doge/usd $0.1213-4%Shiba Inu SHIB/USD $0.00001767-5% Notable statistics: According to IntoTheBlock data, Bitcoin's large transaction volume decreased by 14.8% and daily active addresses decreased by 20.1%. Transactions over $100,000 fell from 9,654 to 9,147 in one day. Exchange net flows fell by 267%. According to data from Coinglass, 55,803 traders were liquidated in the past 24 hours, bringing the total liquidation amount to $155.31 million. Arkham Intelligence reported that ETFs purchased $1.38 billion in BTC in three days…

Venmo has partnered with MoonPay to enable its 60 million users in the U.S. to purchase crypto directly using their Venmo balances. Announced on MoonPay's X page, this new integration will allow users to purchase popular cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). This feature is being rolled out to MoonPay's partner network and will soon expand access to more platforms. Known for its user-friendly payment solutions, MoonPay continues to grow its presence by offering a wide range of payment options. On October 16, MoonPay partnered with Ripple (XRP) to allow users to buy and store XRP directly through…

The Federal Bureau of Investigation (FBI) announced Thursday that it has arrested and charged a man with taking over the Securities and Exchange Commission's (SEC) Twitter (also known as Approved Bitcoin ETF. This false statement immediately caused the price of Bitcoin to skyrocket.Eric Council Jr. of Athens, Alabama, was arrested Thursday and charged with the crime, with authorities saying the 25-year-old used “SIM swapping” techniques to hijack phone numbers and ultimately gain unauthorized access to the SEC's Twitter account. claims to have done so. . Bitcoin's price soared by more than $1,000 soon after, only to plummet by $2,000 when…

The numbers don't lie: Bitcoin Exchange Traded Fund (ETF) The one approved in January is very popular.Data from far-side investors show Total net inflows into Bitcoin ETFs currently amount to $20.2 billion. And that includes $20 billion that was drained from Grayscale's endowment.In the world of ETFs, flows refer to the amount of money flowing into and out of a product. These are a good measure of a fund's performance as they indicate how active the vehicle is. Investors have invested billions of dollars in this fund, but they are also cashing out billions of dollars from Grayscale's GBTC. Grayscale's…

In January, the FBI allegedly hacked the US Securities and Exchange Commission's (SEC) X account and used it to post falsehoods about the approval of a physical Bitcoin (BTC) exchange-traded fund (ETF) in the US. The man was arrested.The man was identified as Eric Council Jr., 25, of Athens, Alabama, according to a statement from the U.S. Attorney's Office for the District of Columbia. Due to this fake announcement, the price of BTC soared by $1,000, before plummeting by $2,000 after the SEC took back control of the account and announced a fix.The council is charged with conspiracy to commit…

As the cryptocurrency market grows and matures, smart money investors have begun to shift their focus from powerful giants like Solana (SOL) and Ethereum (ETH) to other, more volatile, lower market cap altcoins. These altcoins have the potential to offer higher returns during the crypto market. The next bull market. One of these promising tokens is lexus finance (RXS) currently trades for less than $5, but is estimated to soar 15x by 2025. This increased demand for RXS can be traced back to the fact that the project aims to leverage “Real World Assets” (RWA) tokens. This market is still…

Bitcoin rose 12% in mid-September as the odds of Trump winning began to rise in gambling markets.President Trump's crypto-friendly stance has increased investor enthusiasm for Bitcoin as betting odds rise.Analysts predict that Trump's victory could have a major impact on the future of the cryptocurrency industry. Thank you for registering! Access your favorite topics in a personalized feed on the go. Download the app By clicking “Sign Up”, you agree to our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our settings page or by clicking “unsubscribe” at the bottom of the email. Investors…

Electric car maker Tesla just transferred its Bitcoin (BTC) holdings, which had been untouched for the past two years. Data from blockchain analytics platform Arkham Intelligence show The company announced on October 15 that it had completed a series of on-chain transactions for the first time since June 2022. Tesla moved almost all of its Bitcoin reserves, worth $760 million at the time, to a new address, leaving only $6.7 worth of its flagship cryptocurrency. Tesla purchased $1.5 billion worth of Bitcoin in January 2021, sold 272 million BTC in the first quarter of the same year, and 936 million…

The second-largest US-based cryptocurrency exchange by trading volume launches a new 1:1 Bitcoin (BTC) pegged token. According to a new announcement, Kraken has just dropped Kraken Wrapped Bitcoin (kBTC), a wrapped BTC token that is fully backed by exchanges. “We are excited to launch Kraken Bitcoin (kBTC), a fully backed, cross-network compatible ERC-20 representation of Bitcoin managed by Kraken… kBTC is a fully backed, cross-network compatible ERC-20 token. Each kBTC token is fully backed by an equal amount of Bitcoin on a 1:1 basis and is safely stored under the control of Kraken. ” According to Kraken, Ethereum (ETH)-based BTC…

Inflation in the euro zone has eased slightly from expectations in September, raising expectations that the European Central Bank will cut interest rates by a quarter of a percentage point later today.Eurostat's final data released on Thursday showed the harmonized index of consumer prices rose at an annual rate of 1.7% in September, revised down from the 1.8% forecast on October 1. A month ago, the inflation rate was 2.2%.Inflation fell below the 2% target for the first time since June 2021.Core inflation, which excludes prices for energy, food, alcohol and tobacco, was estimated at 2.7%, slowing from 2.8% a…