Crypto News Updates

Plus, the unexpected factors that can increase the cost. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/HgjSQZX

It’s totally my jam. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/HN9dvfY

Tether (USDT) circulation surged to $120B, marking a 30% increase in 2024. Tether’s Bitcoin and gold holdings increased to $4.8B and $5B, respectively. Tether’s net equity doubled to $14.2B, while it faces ongoing legal challenges. Tether has announced a substantial increase in its Bitcoin and gold reserves, as detailed in its latest Q3 2024 Consolidated Financials Figures and Reserves Report . Tether’s Bitcoin holdings have reached an impressive $4.8 billion, while its gold reserves now stand at $5 billion, reflecting the company’s strategy to bolster its asset base amid rising global demand for its stablecoin, USDT. Circulation of USDT increases by 30% This quarter has been particularly notable for Tether , as the circulation of USDT has soared to a record $120 billion, marking a 30% increase in 2024. This surge adds $27.8 billion year-to-date and positions Tether’s market cap close to that of its competitor, Circle’s USDC, which currently stands at $35 billion according to ...

NYSE Arca is seeking regulatory approval to list an ETF of the Grayscale Digital Large Cap Fund. Grayscale recently filed to have go ahead to convert the fund to a spot ETF. Securities exchange NYSE Arca is seeking regulatory approval to list a new crypto exchange-traded fund by Grayscale. The ETF aimed at would track the Grayscale Digital Large Cap Fund, which the GBTC issuer launched in 2018 and is not an exchange-traded fund at the moment. According to an Oct. 29 filing , the NYSE Arca wants to list the $565 million fund, which Grayscale recently sought approval to convert into a spot ETF. Grayscale’s application came on Oct. 16. The fund currently holds five spot crypto assets, including Bitcoin, Ethereum and Solana, with BTC weighted at 76.5%, ETH at 16.88% and SOL at 4.46% as of Oct. 29. Other digital assets in the Digital Large Cap Fund are Avalanche and XRP, weighted at 0.58% and 1.58% respectively. Recently, the US Securities and Exchange Commission (SEC) greenlighte...

I can’t stop making it! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/83wtsN5

Perfect for dinner parties. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/rA4EkMd

Over 2,000 Amazon shoppers bought it last month! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/aYoPzRm

It's perfect for small kitchens! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/nBFiDce

Bitcoin Dogs rose 30% in two weeks before paring gains. Bitcoin price is back above $68,000 after last week’s slip halted bulls’ momentum. With BTC regaining control above $68k, could this spark Bitcoin Dogs price? New upside momentum has pushed Bitcoin (BTC) above $68,500 following last week’s sharp decline that saw bears reject movement above $69,000. As BTC price refreshed recent gains at the time of writing, most altcoins were also positive. This includes many coins to recently see huge gains amid meme coin resurgence. The price of Bitcoin Dogs (0DOG) , which gained more than 30% in two weeks, hovered at a key level, notably with sellers still in action with a 5% dip in 24 hours. But can a surging Bitcoin spark new gains for 0DOG? Analysts see Bitcoin bull cycle intact Despite recent struggles below $70k, Bitcoin price remains largely on track for a major bull cycle. Analysts have pointed to BTC’s resilience above support levels near $65k as indicator a shakeout of weak h...

Banco Bisa, the fourth-largest bank in Bolivia, has launched a USDT custody service. Cutstomers can buy, hold and send USDT from their bank accounts. Banco Bisa, Bolivia’s fourth-largest bank, has introduced a stablecoin service aimed at bolstering security for holders as well as promoting their use in cross-border transfers. The custody service will allow Banco Bisa’s customers to buy and sell Tether ’s stablecoin USDT via their bank accounts. Bisa sees this as a scenario likely to significantly increase USDT adoption and use in the Latin American country. Banco Bisa’s move Per a local report , the initiative has received backing from the country’s financial watchdogs, with key benefits seen as the capacity to promote crypto within existing regulatory frameworks. More importantly, the program means users can interact with crypto at greatly reduced risks linked to the nascent crypto market. According to Franco Urquidi, the vice president of business at Banco Bisa, the bank’s cu...

Key takeaways POODL is up 4% in the last 24 hours and could rally higher soon. Bitcoin is approaching $69k again after adding 1% to its value over the weekend. $POODL adds 4% as Bitcoin eyes $69k $POODL, Poodlana’s native token, has performed well over the weekend. The token’s price is up 4% over the last 24 hours, outperforming Bitcoin and other leading cryptocurrencies. Poodlana is trading at $0.00334 at press time and could rally higher in the coming hours or days. The Poodlana token is available to investors on several leading crypto exchanges, including MEXC, BingX, and Raydium.  Poodlana’s rally comes as Bitcoin looks to retake the $69k level. BTC added less than 1% to its value over the last 24 hours, trading at $68,371 per coin.  What is Poodlana? With the cryptocurrency market performing well in the last few weeks, gems in the market continue to gain traction from investors. Poodlana is one of the promising projects in the Solana ecosystem that is attract...

It’s the easiest phở ever. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/SoBWGjl

Work smarter, not harder. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/Zmp8F0f

Here’s how to get your hands on a box. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/gQl6Fqk

Most items go unused — avoid that by following these expert tips. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/GbHlTQC

Tortola, British Virgin Island, October 25th, 2024, Chainwire Aark Digital recently experienced a security incident in which an unauthorized party accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH. In response, the project has launched 24/7 recovery efforts, while also implementing additional security measures to safeguard against any further unauthorized activity. As part of its recovery strategy, Aark Digital is offering a 15% bounty to the individual responsible, contingent upon the safe and complete return of the misappropriated assets. This bounty, amounting to 225,000 USDC, is intended to incentivize the return of the funds, and additional details are available on Arkham’s bounty platform here . Should a full recovery not occur, Aark Digitial has indicated that it will announce a distribution plan to address the situation appropriately. The organization has set a deadline of 26th October 2024, 15:00 UTC, for the responsible party to respond, stating that it is...

“Each pretzel has the perfect amount of crunch,” a Kitchn writer wrote. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/txg5AWF

Plus, 34 more gifts from the iconic retailer. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/qkJ3O1V

It’s been a busy week in crypto, from payments processor Stripe’s acquisition of stablecoin platform Bridge to Ripple’s co-founder donating $10 million in XRP to Kamala Harris’ US election campaign to the Pennsylvania House passing a bipartisan Bitcoin bill. Let’s take a closer look at these and give you a recap on what happened this week in crypto. Stripe acquires stablecoin platform Bridge for $1.1 billion Payment processor Stripe completed its acquisition of Bridge, a stablecoin platform, in a deal valued at $1.1 billion. The deal, which is the biggest for Stripe, and was valued at $70 billion in July, comes after John Collision, Stripe’s co-founder, announced in April that the company would “ start supporting global stablecoin payments this summer .” This deal is done. $1.1b https://t.co/J7ppK4uHw0 — Michael Arrington 🏴‍☠️ (@arrington) October 20, 2024 It also follows after the payment processor teamed up with Paxos to launch a stablecoin payments platform . The collab...

Now my fridge is chef-approved. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/9nEV3ef

Hmm, but which pattern do I pick? READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/tuViXC1

The bespoke accents add so much function to the colorful space. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/srfM6yP

It’s sweet, buttery, and totally delicious. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/7SfBCbI

Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren. Deaton has strong pro-crypto advocacy; Warren criticizes him on various issues. Ripple supports Deaton’s campaign while also backing Kamala Harris’s candidacy. Ripple CEO Brad Garlinghouse has thrown his support behind Republican John Deaton in his bid to unseat incumbent Senator Elizabeth Warren in Massachusetts. Garlinghouse publicly endorsed Deaton in an October 22 post on X , saying he “enthusiastically and wholeheartedly” backs Deaton due to his work advocating for XRP holders and the broader crypto industry. Ripple supports Deaton against Warren Deaton, a well-known lawyer, has been a vocal supporter of cryptocurrency and is challenging Senator Warren, one of crypto’s most prominent critics. Garlinghouse’s endorsement came as no surprise to many, given Ripple’s substantial contributions to Deaton’s campaign despite also contributing $11 million in XRP to a political action committee suppo...

Cue the nostalgia! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/QM7bGxq

River has announced a new feature dubbed, ‘Bitcoin Interest on Cash’ The product allows customers to get BTC for interest earned on their cash deposits. The US-based platform will offer a 3.8% interest on the cash deposits. User funds are FDIC-insured via its partnership with Lead Bank, the exchange said in a press release. River, a US-based Bitcoin exchange provider, has introduced a new feature that lets users earn interest in Bitcoin on their cash deposits. The new product is ‘Bitcoin Interest on Cash’, River revealed in an announcement on Tuesday. According to the company, the feature will allow customers to earn a 3.8% interest on their cash deposits. Introducing 3.8% Interest on Cash—Paid in Bitcoin! Stop letting your cash lose value to inflation, even in “high-yield” accounts. Unlock the predictability of dollars with the opportunity to build real wealth in Bitcoin. Only on River. pic.twitter.com/EDr7jpMAPC — River (@River) October 22, 2024 River partnership wi...

Because mindset is as important as method. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/UGX7x6u

Ethereum price traded near $2,600 as crypto experienced a brief lull. A CryptoQuant analyst says ETH could witness a short squeeze, but points to $2.7k as key resistance. Ethereum traded to near $2,750 on Monday, Oct. 21, rising amid broader gains for the crypto market as Bitcoin shot past $69,000. However, with BTC dipping, the ETH price followed suit and tested support near $2,600 on Oct. 22. The price of Ethereum has returned above $2,620, and a CryptoQuant analyst says the top altcoin could see a short squeeze scenario. According to Shayan B, this outlook results from the rising leverage. If the bulls manage to break out above the supply wall around $2.7k, then ETH price could rise further. Ethereum price outlook Currently, the market seems bearish on ether price prospects, which means many traders expected a downside continuation. But with “leverage at concerning levels,” a short squeeze would mean unexpected price surge and major liquidations. ETH would notch gains in su...

Equal parts workhorse and show pony! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/mLhyweq

Family recipes are just no longer the same. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/GZkPS7w

The cryptocurrency market is on fire right now, but three tokens in particular are gaining investors’ enthusiasm: SUI, NEIRO, and Rexas Finance (RXS). Each of these tokens has been doing well of late, but Rexas Finance could be the best option for those who want to invest in the tokenization of real-world assets (RWAs). With its recent addition to CoinMarketCap and a successful presale, Rexas Finance seems to be growing rapidly and may become the next crypto sensation. SUI: A new high SUI has been a great revelation in the world of crypto since it has sustained above its all-time high of $2.18. This rather remarkable leap was preceded by a 400% surge from the support area located at $0.50. There is sustained interest by investors and confidence that SUI will grow during those times; to the market, it is a growth supporting intrinsic value determination. Today’s marketplace boasts of one of the superior tokens and there is aggressive buying from the investors. This is not just a on...

Bitcoin price has recorded its second week of consecutive gains; ending the week steady above the resistance-turn-support zone of 68,000. On Friday, it hit a level last recorded in late July after rallying by 17% in about a week. At the time of writing, BTC was trading at $68,440.47.  Risk-on sentiment continues The risk-on mood that has increased the attractiveness of bitcoin and other cryptocurrencies in recent sessions is also observable in the US stock market. In fact, the Dow Jones Industrial Average index and S&P 500 both ended the week at a fresh record high. At the same time, Nasdaq 100 held steady above $20,000 as the bulls eyed the all0time high reached in mid-July 2024 at $20,702.  Signs of a resilient US economy have contributed to the rallying in the cryptocurrency market and the overall risk-on mood. Recent data, including September’s jobs report and retail sales came in better than expected. The resultant surge in consumer confidence has seen the US dolla...

BRB, buying eggs. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/h9aVev7

“A golden ticket to quick meals.” READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/g5WTEKf

This hack doesn’t work for everything. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/eRnCa94

It’s never too early to start planning for NYE! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/mdP3RW2

It’s sweet and salty. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/Tj5qzKh

They make a great stocking stuffer! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/GfsP9W1

If you see it, grab five! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/JpTnAGQ

Majuro, Marshall Island, October 18th, 2024, Chainwire Ape On , the most secure and efficient token launch platform, is reshaping decentralized finance (DeFi) on the Solana blockchain. With its unique token locking feature powered by Jupiter Lock , Ape On is designed to provide unmatched security and transparency, making it the best and safest way to launch and buy tokens in the crypto space. Token Locking for Enhanced Transparency Ape On offers a revolutionary token locking mechanism that allows project creators to lock their tokens for a designated period, ensuring that investors are protected from early token dumps. This powerful feature builds long-term trust between creators and the community, making Ape On the safest platform for investors to participate in early-stage projects. With token locking, investors can confidently engage in projects knowing their investments are secure. “As the most trusted platform for launching and buying tokens, Ape On sets a new standard i...

You’ll be forever changed. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/X2BQW3f

This adorable find will brighten up your morning coffee routine. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/JLnTKFc

Radiant Capital has fallen to a hack, with more than $51 million stolen across Arbitrum and BNB Chain. Over $32 million was stolen from Arbitrum, while BNB Chain accounted for about $18 million. Radiant Capital suffered an exploit on Oct. 16, with hackers siphoning over $51 million from the decentralized finance lender. On-chain security platform Ancilia first alerted the crypto community to the attack, which impacted the omnichain money market’s Ethereum layer-2 Arbitrum instance and BNB Chain. “We have noticed several transferFrom user’s account through the contract 0xd50cf00b6e600dd036ba8ef475677d816d6c4281. Please revoke your approval ASAP. It seems like the new implementation had vulnerability functions,” the Palo Alto Networks and Binance Labs-backed platform noted . Data from blockchain security and on-chain data firm Arkham Intelligence showed details related to the attack. Stolen funds According to Ancilia, the exploit appears to have been initiated via a backdoor co...

My grandma loves it too. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/NM0iVhU

The less food waste, the better. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/w0CpHJW

Blockstream will use the $210 million debt funding to boost adoption of its layer-2 solutions The company will also utilise the funds to add to its mining operations and treasury. Blockstream, a Bitcoin infrastructure company founded by industry OG Adam Back, has announced it raised $210 million to fund various aspects of the company’s business. Firm eyes L2 growth, mining and Bitcoin treasury Blockstream said in a press release on Oct. 15 that the convertible note round, led by venture capital firm Fulgur Ventures, will help to fast-track the adoption of its layer-2 platforms. Blockstream will also use part of the funding to boost its mining operations ahead of “the next Bitcoin market cycle.” In August 2023, the firm raised $125 million that it used to expand its mining as the market looked to the 2024 Bitcoin halving that happened in April. Blockstream has closed a $210M convertible note financing round led by @FulgurVentures , driving our mission to bring Bitcoin into g...

Vice President Kamala Harris continues to embrace crypto with “Opportunity Agenda” speech During her campaign trail, Harris hasn’t said much about crypto Harris said she wants black men “who hold digital assets to benefit from financial innovation” US Vice President and Democratic presidential nominee Kamala Harris has announced she will support a “regulatory framework for cryptocurrency and other digital assets” as part of her “Opportunity Agenda.” Speaking to a group of black entrepreneurs in Erie, Pennsylvania as part of Harris’ campaign trail, her agenda forms part of a broader speech to boost voter support for Harris among black men. In her agenda, it said Harris wants black men “who hold digital assets to benefit from financial innovation,” adding: “Vice President Harris knows that more than 20% of Black Americans own or have owned cryptocurrency assets, which is why her plans will ensure owners of and investors in digital assets benefit from a regulatory framework so th...

And it just screams holiday fun. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/lAaCjEt

Hyperliquid announced the HYPE token launch on Oct. 14. A token generation event for the decentralised exchange platform’s native token will happen ahead of its HyperEVM going live. Hyperliquid, a decentralized exchange that provides for perpetual derivatives trading by aggregating liquidity across the ecosystem, has announced the launch of its native token HYPE. The platform, which allows its users access to leveraged trading of cryptocurrencies , revealed the upcoming airdrop on October 14, 2024. When is the Hyperliquid (HYPE) airdrop? Specifically, the announcement followed the formation of Hyperliquid Foundation, an entity that will support development of the network. Other than the DEX platform, the Hyperliquid Foundation will also help promote growth of the ecosystem. HYPE will launch ahead of the mainnet for HyperEVM, the Hyperliquid Foundation noted in a post on X . “Hyperliquid’s order books already provide the deepest and most robust onchain liquidity for a wide spe...

James Howell has been trying to get his lost hard drive back for 10 years Howell mined 8,000 Bitcoin on his laptop after learning about Bitcoin in 2009 The council have denied Howell’s requests to dig due to “environmental concerns” A 39-year-old man is suing Newport City Council for $646 million (£495,314,800 million) in damages after losing his hard drive at a recycling center containing 8,000 Bitcoin. James Howell accidentally threw out his hard drive in 2013 during a household clearout. According to WalesOnline , Howell had two hard drives of the same size. One was blank, while the other contained his Bitcoin. He mistakenly put the one containing the Bitcoin into a black bin bag, which his then-girlfriend took to the tip. At the time of his loss, his Bitcoin was worth around $1.3 million (£1 million). However, within three months, their value had risen to around $11.7 million (£9 million). Howell has reached an agreement, leaving him with 30% of his Bitcoin if the hard dri...

Shop like a pro at this dreamy store. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/2x0PDXc

I had no clue that this could be done! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/Sfz7x0H

It looks like a work of art! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/qsGBJym

You’re gonna want to ask before buying some at the orchard. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/KRdMSp2

This is the definition of fun meeting function. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/G2w3qtI

I want three! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/wLul6rM

And the peel-and-stick countertops look so good. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/kGRtrlT

You'll order them on repeat. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/nzysSY9

It’s controversial, and you might be able to guess it! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/h7ZynUB

It’s now my go-to method. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/0m25e7j

The cryptocurrency market has witnessed a positive growth surge, and in conjunction with this, Rexas Finance (RXS) has increased by over 100% in less than a month. With its cutting-edge technology for the tokenization of physical assets and an expanding ecosystem, some people are starting to wonder: Is Rexas Finance the new Solana (SOL)? There has always been a question of whether RXS could emulate the same skyrocketing increase as Solana. This necessitates studying the curve of SOL, identifying the key factors of its success, and considering why Rexas Finance might be able to replicate, if not exceed this level. The rise of Solana (SOL): A blockchain revolution The use of Solana’s programming language is graphical in nature, and thus the UI elements may match ideas from vocabulary techniques. The graph of Solana (SOL) has largely revolved around being one of the most effective storytelling platforms within the cryptocurrency space. Starting from $1.50, Solana’s currency progressed r...

Poodlana’s niche appeal to East Asian luxury consumers sets it apart in crypto. Upcoming Asian economic announcements could boost trading volume and interest. Plans for staking and partnerships with fashion brands further enhances Poodlana’s appeal. Poodlana (POODL), a meme-inspired cryptocurrency launched on the Solana blockchain, has gained attention for its unique positioning in the crypto market. With its poodle-themed concept and strong ties to both the high fashion industry and East Asia’s luxury consumer market, Poodlana presents a combination of cultural relevance and financial potential. Despite experiencing a significant decline after its presale , there are several reasons why Poodlana price is expected to rebound in the near future. Poodlana’s unique appeal Poodlana (POODL) stands out in the crowded meme coin market due to its distinct appeal to East Asian investors. The altcoin was designed with a strong emphasis on the region’s fascination with high fashion and to...