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Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry.

Cointelegraph.com News


‘$10K JPGs’ scare away gamers, Animoca’s crypto game streaming plans: Web3 Gamer

‘$10K JPGs’ scare away gamers, Animoca’s crypto game streaming plans: Web3 Gamer

Animoca buys game streaming platform Azarus that rewards users with crypto, Project Xeno, and why $ 10K NFTs scare away real gamers.

Cointelegraph.com News


Ethereum price hits 6-month high amid BlackRock spot ETF buzz, but where’s the retail demand?

Ethereum price hits 6-month high amid BlackRock spot ETF buzz, but where’s the retail demand?

ETH price finally polevaulted the $ 2,000 resistance, but will retail demand and network use support the current bullish momentum?

Cointelegraph.com News

Exclusive: 2 years after John McAfee’s death, widow Janice is broke and needs answers

Exclusive: 2 years after John McAfee’s death, widow Janice is broke and needs answers

Two years after John McAfee’s death, widow Janice tells Magazine she’s penniless and can’t move on until his autopsy records are released.

Cointelegraph.com News

Wintermute claims NEAR backed out of $11M stablecoin redemption deal

Wintermute claims NEAR backed out of $11M stablecoin redemption deal

Wintermute founder and CEO Evgeny Gaevoy says the NEAR Foundation reneged on an offer to convert $ 11 million worth of its stablecoin.

Cointelegraph.com News

6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto

6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto

Lugui Tillier talked to us about his job as the sales chief for crypto firm Lumx in Rio de Janeiro — and his thoughts on the future of crypto.

Cointelegraph.com News

This ‘Smart’ Whale Buys ETH Again – Could There Be An Incoming Price Surge?

In the last week, Ethereum (ETH) has attracted many investors’ attention as it gradually approaches the $ 1900 price region. Similar to many assets riding on the Bitcoin-fueled market rally, ETH, also known as Ether, is up by 5.85% in the last seven days, bringing its total price increase in the last four weeks to 15.17%.

Interestingly, a recent whale movement has now added more speculation around ETH, prompting suggestions that the largest altcoin may soon experience a price surge.

‘Smart’ Whale Purchases $ 15.94 Million Ether – What Could They Know?

In a Sunday post on X, blockchain analytics platform Lookonchain shared that an ETH whale with the wallet address “0xb15” had just purchased 8,698 ETH, valued at $ 15.94 million, from the Binance exchange, depositing 31.8 million USDT in the process.

This transaction has drawn much attention due to the past antecedents of this Ether investor. Popularly known as a “smart” whale, Lookonchain notes that “0xb15” has conducted 8 ETH transactions since February 12, recording a win rate of 87.5% and an aggregate profit of $ 13 million. 

In particular, this smart whale is known for buying low and selling high. Most recently, they deposited 24,495 ETH ($ 45 million) on Binance on November 2, shortly after purchasing 24,548 ETH, valued at $ 39.8 million, leading to a profit margin of approximately $ 5.47 million.

Following the purchase made by “0xb15” on Sunday, many traders are likely on high alert as it indicates the whale is anticipating a continuous rise in Ether’s price over the next few days. 

Looking at Ether’s daily chart, the altcoin is poised to break into the $ 1900 price zone if this buying pressure continues. However, investors should note the token’s Relative Strength Index (RSI) is now at 71.43, indicating it is now in the overbought zone and may experience a trend reversal. 

ETH Market Records Largest CEXs Weekly Outflow Since August

In other news, centralized exchanges (CEXs) just recorded an outflow of $ 210 million worth of Ether in the last seven days, according to data from IntotheBlock. This marks the altcoin’s largest weekly outflow off CEXs since August.

This data only reflects the strong bullish sentiment surrounding the ETH market, as a reduction in the token’s supply on exchanges reflects an increase in purchasing activity by investors. 

At the time of writing, Ether is trading at $ 1890.95, with a 2.61% gain in the last day. However, the token’s daily trading volume is down by 11.485 and valued at $ 6.02 billion. With a market cap of $ 227.4 billion, Ethereum remains the second-largest cryptocurrency in the world. 

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Sam Bankman-Fried convicted, PayPal faces SEC subpoena, and other news: Hodler’s Digest, Oct. 19 – Nov. 4

Sam Bankman-Fried convicted, PayPal faces SEC subpoena, and other news: Hodler’s Digest, Oct. 19 – Nov. 4

Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal receives subpoena from the U.S. SEC, and Invesco Galaxy’s spot Bitcoin ETF joins DTCC website.

Cointelegraph.com News

Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint

Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint

Mainstream commerce and big brands report improved business results and promising loyalty programs through integrations with the wider Solana ecosystem.

Cointelegraph.com News

NIST establishes AI Safety Institute Consortium in response to Biden executive order

NIST establishes AI Safety Institute Consortium in response to Biden executive order

Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.”

Cointelegraph.com News