News Articles for 2022-10-31

Discover why altcoins like TORN, LINK, and RUNE are presenting better trade opportunities than Bitcoin (BTC) in the current crypto market. Learn how to identify short-term trade opportunities using the 1W SMMA 7 indicator.

Argentina's tax authority, AFIP, has issued instructions to 3,997 individuals to update their tax affidavits to reflect crypto ownership, amid a broader effort to combat tax evasion linked to digital assets.

Argo Blockchain's $27 million financial plan has fallen through, leading the company to explore alternative funding options to avoid negative cash flow and potential operational shutdown.

Argo Blockchain shares nosedive after a strategic investor backs out, leaving the crypto miner facing a severe liquidity crunch and potential operational shutdown.

Argo Blockchain, a London Stock Exchange-listed cryptocurrency mining firm, faces operational risks due to insufficient financing and failed capital raising efforts.

YouTuber Ben Armstrong, known as BitBoy, addresses his 2019 anti-XRP comments, explaining how his perspective has evolved over time.

Bitcoin price hits six-week highs as dormant coins from past decades start moving, signaling renewed market activity and potential bullish trends.

Explore the latest Bitcoin price trends and technical indicators suggesting a potential bullish reversal.

Bitcoin has reached six-week highs, raising questions about a potential trend reversal. Discover the key factors influencing BTC's recent price action and what it might mean for the crypto market.

Bitcoin maintains its position above $20,000 as the market anticipates significant macroeconomic developments. Learn about the factors influencing BTC's stability and potential future trends.

Celebrate the 14th anniversary of Bitcoin's white paper, a document that laid the foundation for a trillion-dollar industry and revolutionized finance.

Celebrate the 14th anniversary of Bitcoin's white paper, track Dogecoin's 18-month high, and explore Hong Kong's move toward retail crypto trading. Plus, Chainlink whales and HUSD's stablecoin struggles.

The Blockchain Association has announced its support for Ripple Labs in its legal battle with the SEC, emphasizing the case's significance for the crypto industry's future.

Discover how Binance's involvement in Elon Musk's Twitter acquisition and strategic initiatives have driven $BNB to its highest value since August.

BNB reaches all-time highs against Bitcoin, spurred by potential integration with Twitter.

Luiz Inácio Lula da Silva narrowly defeats Jair Bolsonaro in Brazil's presidential runoff election, securing 50.9% of the vote. Bolsonaro may challenge the results.

Charles Hoskinson gauges community opinion on a Doge sidechain for Cardano as ADA's price shows bearish signals on the 4-hour chart.

Celsius Network's recent court filing revealed sensitive customer data, highlighting privacy risks in centralized finance.

Charles Hoskinson, CEO of Input Output Global, suggests integrating Dogecoin as a Cardano sidechain, highlighting potential synergies with Elon Musk's Twitter takeover.

The Cosmos Hub has published an updated version of its white paper, addressing key concerns such as the ATOM issuance model. The community is now set to vote on the revised document.

Michaël van de Poppe provides technical analysis for RSR, LINK, ADA, and QNT, highlighting potential trade opportunities and key price levels to watch.

The 2022 crypto bear market has led to a significant decline in market capitalization, wiping out over 70% of the crypto market's value.

Explore the highs and lows of the crypto market in 2022, marked by unprecedented challenges and remarkable recovery.

The cryptocurrency market reached a significant milestone, breaking the $1 trillion market capitalization mark. Bitcoin and altcoins saw notable gains, supported by positive trends in traditional markets.

Explore the latest developments in blockchain adoption and regulation across the European Union, highlighting key trends and insights from the EU Blockchain Observatory's report.

Erik Voorhees and Sam Bankman-Fried discuss the implications of regulating DeFi platforms in the U.S., highlighting concerns over accessibility and innovation.

A lawsuit filed in Singapore’s high court alleges fraudulent claims by Do Kwon, Nicholas Platias, and the Luna Foundation Guard regarding TerraUSD’s stability.

Elon Musk's acquisition of Twitter has sparked a significant rally in Dogecoin, with 62% of investors now in profit. The meme token's price surged after Musk's Twitter bio change and visit to headquarters.

Dogecoin (DOGE) has experienced a significant price drop, but technical indicators hint at a possible bullish turnaround. Discover the key factors influencing DOGE's market movement.

Dogecoin's price saw a significant rally, jumping nearly 75% to $0.146, its highest daily gain since April 2021, amid speculation about Elon Musk's Twitter acquisition.

Discover how Ethereum's transition to proof-of-stake has significantly lowered its energy usage, marking a major step towards sustainability in blockchain technology.

Ethereum's price analysis reveals a firm uptrend with ETH breaking above $1,600. Technical indicators suggest bullish momentum despite potential correction risks.

Ethereum's recent price surge has caught the attention of traders and investors, with a significant rally pushing ETH to its highest level since September.

The Federal Reserve is likely to announce a 75 basis point interest rate hike during its November 2 FOMC meeting, marking the fourth consecutive increase of this magnitude. This decision comes amid ongoing efforts to control inflation and stabilize the economy.

Filecoin partners with Protocol Labs and other Web3 leaders to form the Decentralized Storage Alliance, aiming to help Web2 enterprises transition to Web3.

Explore the surge of Halloween-themed cryptocurrencies in the crypto market, their characteristics, and the risks they pose to investors.

Crypto lender Hodlnaut faces significant financial repercussions after the collapse of Terra's UST stablecoin, leading to major operational cuts and financial instability.

Hong Kong unveils a detailed policy statement on the development of virtual assets, signaling a welcoming approach to global crypto investors and outlining regulatory frameworks for sustainable growth.

Hong Kong's government has proposed allowing retail investors to trade cryptocurrencies and crypto ETFs, aiming to revitalize its fintech sector and attract global innovation.

The Securities and Futures Commission of Hong Kong has introduced new requirements for entities seeking to list ETFs tied to cryptocurrency futures, focusing on regulatory compliance and experience.

Hong Kong's government has announced a comprehensive strategy to develop a thriving virtual asset sector, positioning itself as a global leader in digital assets. The initiative includes plans to allow retail investors access to cryptocurrencies and explore tokenized assets.

Huobi has delisted its HUSD stablecoin, leading to a significant price drop. The token, once pegged to the U.S. dollar, has lost over 70% of its value, trading at $0.29 at press time.

Justin Sun outlines his strategy and vision for Huobi, emphasizing new leadership and a fresh direction for the company.

Explore the implications of Lula Da Silva's presidency on Brazil's economy, focusing on cryptocurrency regulation, the Digital Real, and the proposed South American common currency.

The Monetary Authority of Singapore concludes the initial phase of Project Orchid, exploring the feasibility of a retail central bank digital currency (CBDC) and introducing innovative concepts like purpose-bound money.

Explore Mark Zuckerberg's strategic rebranding of Facebook to Meta, focusing on its implications for the metaverse and Web3. Discover the challenges and opportunities as Meta invests heavily in virtual reality and digital avatars.

Discover how Meta (formerly Facebook) is redefining its future in the realms of Web3, cryptocurrency, NFTs, and the Metaverse.

Discover how passive income strategies can help cryptocurrency investors mitigate risks and generate profits during market volatility.

Discover how NFT infrastructure is transforming beyond speculation, with $4.6 billion invested in creating user-centric applications for everyday life.

The Reserve Bank of India (RBI) is set to debut its central bank digital currency (CBDC) with a wholesale segment pilot on November 1, marking a significant step in India's digital currency journey.

Discover how Rishi Sunak, the youngest UK Prime Minister in over 200 years, reflects a growing trend of crypto adoption among young investors.

Explore how Rishi Sunak’s leadership could shape the UK’s economic recovery and the future of cryptocurrency regulation.

The SEC faces a significant setback in its case against Ripple Labs, with implications for crypto regulation and the Howey Test.

The Central Bank of Singapore announces four pilot projects to test a digital Singapore dollar for payments, focusing on purpose-bound money and smart contracts.

The Monetary Authority of Singapore (MAS) has urged authorized cryptocurrency exchanges to adhere to financial sanctions against Russia amid rising crypto donations to pro-Russia groups involved in the Ukraine conflict.

A hacker responsible for the $14.5 million Team Finance exploit has returned $7 million in tokens to affected projects, retaining 10% as a bounty.

Do Kwon, co-founder of Terraform Labs, is being sued in Singapore for $57 million. Investors allege he misled them about the stability of TerraUSD (UST), now known as TerraUSD Classic (TUSD), despite knowing its structural fragility. The lawsuit, filed in September, seeks an injunction, disgorgement of profits, and restitution. A court hearing is set for November 2. Kwon, who also faces international legal issues, including a revoked passport and an Interpol Red Notice, maintains his innocence and optimism about the case's outcome.

Terrorist organizations are increasingly using cryptocurrency and social media platforms to raise funds for their activities, according to a report presented at a UN Counter-Terrorism Committee meeting.

A UN official highlights the growing use of cryptocurrency by terrorist groups to finance their operations, emphasizing the need for global action to combat this emerging threat.

Thailand and Hungary's Fintech associations have signed an MOU to enhance blockchain adoption in their financial sectors, fostering innovation and collaboration.

Explore how the gaming industry's shift to play-to-earn models, powered by Web 3.0 and crypto, is influencing both gaming and crypto markets, and what this means for the future.

THORChain, a cross-chain exchange and proof-of-bond network, has resolved a major outage that lasted over 20 hours. The network is now fully operational with trading reenabled.

Tiny Tap, an Animoca Brands subsidiary, introduces the Publisher NFT Collection, linking NFTs to educational games and activities created by teachers, set to launch on OpenSea.

Discover how Toda City, Saitama, is pioneering metaverse-based education to enhance accessibility for distant students.

Discover the leading Ethereum protocols by Total Value Locked, featuring MakerDAO, Lido, Curve DAO, Aave, and Uniswap. Explore their recent updates and market performance.

The UK takes a significant step in crypto regulation with the Financial Services and Markets Bill, reclassifying stablecoins as digital settlement assets and positioning the country as a global financial leader.

Vitalik Buterin emphasizes the importance of balanced crypto regulations that support innovation while ensuring compliance with necessary oversight.

Ethereum co-founder Vitalik Buterin discusses his views on crypto regulation, ETF delays, and the future of decentralized finance (DeFi).

Discover the historic launch of the world’s first publicly available Bitcoin ATM in Vancouver, Canada, and its initial success.

Eric Finnerud, known as E.Smitty, predicts XRP could reach $1 million, sparking a mix of optimism and skepticism among crypto enthusiasts.