๐ฅ Peter Todd: "I'm not Satoshi, but now I'm forced to hide..."
After the release of HBO's documentary Money Electric: The Bitcoin Mystery, Peter Todd was 'identified' as the creator of Bitcoin. Now, the programmer is busy denying the rumors and even going into hiding! ๐ต๏ธโโ๏ธ
"I'm not Satoshi! Hoback just wanted to boost his movie's ratings," Todd said. But the director is convinced he's "caught" him, claiming Todd's facial expressions and body language gave him away. ๐คจ
Since the documentary aired, Peter has been flooded with requests for money and even threats! Apparently, being a fake Satoshi comes with more than just fameโit brings a lot of headaches, too.
Moral of the story: being a cryptographer isn't for the faint of heart! ๐
After the release of HBO's documentary Money Electric: The Bitcoin Mystery, Peter Todd was 'identified' as the creator of Bitcoin. Now, the programmer is busy denying the rumors and even going into hiding! ๐ต๏ธโโ๏ธ
"I'm not Satoshi! Hoback just wanted to boost his movie's ratings," Todd said. But the director is convinced he's "caught" him, claiming Todd's facial expressions and body language gave him away. ๐คจ
Since the documentary aired, Peter has been flooded with requests for money and even threats! Apparently, being a fake Satoshi comes with more than just fameโit brings a lot of headaches, too.
Moral of the story: being a cryptographer isn't for the faint of heart! ๐
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๐ Whale Alert on Binance!
As Bitcoin's price drops below $66,000, analysts at Lookonchain have tracked some big BTC moves. One whale decided to "lighten the load" and deposited a whopping 4,860 BTC (worth $327M) on Binance over the last 7 days! ๐ณ
Today alone, the whale moved 850 BTC, valued at $56.3M. It looks like this "beast" is stirring up the market volatility! ๐คท
As Bitcoin's price drops below $66,000, analysts at Lookonchain have tracked some big BTC moves. One whale decided to "lighten the load" and deposited a whopping 4,860 BTC (worth $327M) on Binance over the last 7 days! ๐ณ
Today alone, the whale moved 850 BTC, valued at $56.3M. It looks like this "beast" is stirring up the market volatility! ๐คท
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๐ Bernsteinโs $200K Bitcoin Price Prediction is 'Conservative' for 2025!
Bernstein analysts are setting the bar high (or low? ๐ค) for Bitcoin, predicting a conservative price of $200,000 by the end of 2025!
They urge skeptics to reconsider Bitcoin as a store of value, especially with the U.S. debt hitting a staggering $35 trillion and inflation threats looming. ๐ธ
โIf you like gold, you should love Bitcoin even more,โ says Bernstein's Gautam Chhugani, adding that Bitcoinโs limited supply could be a major hedge in this uncertain world. ๐๐ฐ
For those hesitant about buying BTC directly, they suggest alternatives like shares in MicroStrategy, Riot Platforms, and CleanSpark.
Bernstein analysts are setting the bar high (or low? ๐ค) for Bitcoin, predicting a conservative price of $200,000 by the end of 2025!
They urge skeptics to reconsider Bitcoin as a store of value, especially with the U.S. debt hitting a staggering $35 trillion and inflation threats looming. ๐ธ
โIf you like gold, you should love Bitcoin even more,โ says Bernstein's Gautam Chhugani, adding that Bitcoinโs limited supply could be a major hedge in this uncertain world. ๐๐ฐ
For those hesitant about buying BTC directly, they suggest alternatives like shares in MicroStrategy, Riot Platforms, and CleanSpark.
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๐ XRP ETF Incoming?
Ripple CEO Brad Garlinghouse says it's "inevitable" that XRP will be offered through an exchange-traded fund (ETF)! ๐๐ฐ
After Bitcoin ETFs took off, pulling in a massive $17 billion since January, Brad points out that demand for crypto from institutions and retail is undeniable. With Bitwise and Canary Capital already filing for XRP ETFs, it seems like XRP might follow Bitcoin's ETF path soon! ๐
Despite Ripple's ongoing legal battle with the SEC, Garlinghouse is confident that ETFs will push XRPโs value upwards, just like we've seen with other cryptos. Is XRP next in line for a major pump? โฌ๏ธ๐
Ripple CEO Brad Garlinghouse says it's "inevitable" that XRP will be offered through an exchange-traded fund (ETF)! ๐๐ฐ
After Bitcoin ETFs took off, pulling in a massive $17 billion since January, Brad points out that demand for crypto from institutions and retail is undeniable. With Bitwise and Canary Capital already filing for XRP ETFs, it seems like XRP might follow Bitcoin's ETF path soon! ๐
Despite Ripple's ongoing legal battle with the SEC, Garlinghouse is confident that ETFs will push XRPโs value upwards, just like we've seen with other cryptos. Is XRP next in line for a major pump? โฌ๏ธ๐
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๐ Uniswap now allows users to move assets between nine networks directly through its web interface without needing third-party bridges!
Supported networks include Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and zkSync.
"Transferring assets between blockchains has always been a tricky task, but now it's much easier!" announced Uniswap Labs. ๐ป
This solution is powered by the Across protocol, simplifying the process for users tired of waiting for transactions and dealing with unfamiliar interfaces. ๐๐ธ
Supported networks include Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and zkSync.
"Transferring assets between blockchains has always been a tricky task, but now it's much easier!" announced Uniswap Labs. ๐ป
This solution is powered by the Across protocol, simplifying the process for users tired of waiting for transactions and dealing with unfamiliar interfaces. ๐๐ธ
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๐ The number of Bitcoin whales has reached its highest level since January 2021 โ there are currently 1,678 wallets holding over 1,000 BTC.
But even if a wallet holds less than 1,000 BTC, these are still significant amounts closely watched by the community. For instance, yesterday, another ancient wallet with 150 BTC ($10,000,000) woke up and transferred all its coins after 13 years of inactivity [link here]. Back in 2011, these BTC were worth just $2,500.
And today, it was reported that a Bitcoin wallet containing 50 BTC ($3.4 million) moved all its coins after 14 years of dormancy [link here]. In 2010, these BTC were worth only $2.๐ง
๐Tesla also recently transferred all its Bitcoin assets to new wallets without selling, as revealed in its latest quarterly reports [see report] โ this marks the fifth consecutive quarter the company has held onto its crypto. According to Arkham, 11,509 BTC, valued at $774 million, now sit in new wallets following recent transfers. ๐ฐ
But even if a wallet holds less than 1,000 BTC, these are still significant amounts closely watched by the community. For instance, yesterday, another ancient wallet with 150 BTC ($10,000,000) woke up and transferred all its coins after 13 years of inactivity [link here]. Back in 2011, these BTC were worth just $2,500.
And today, it was reported that a Bitcoin wallet containing 50 BTC ($3.4 million) moved all its coins after 14 years of dormancy [link here]. In 2010, these BTC were worth only $2.๐ง
๐Tesla also recently transferred all its Bitcoin assets to new wallets without selling, as revealed in its latest quarterly reports [see report] โ this marks the fifth consecutive quarter the company has held onto its crypto. According to Arkham, 11,509 BTC, valued at $774 million, now sit in new wallets following recent transfers. ๐ฐ
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๐ฎ Altcoin Season: Coming Soon Once Bitcoin Hits $80K?
Analysts at Hashkey Capital are eyeing $80,000 as the magic Bitcoin price to unlock the next โaltseason.โ They believe a mere 18% BTC pump from its current $67K could flip the switch! ๐ข
Bitcoin dominance also plays a role, with a target range of 62-70% dominance before altcoins take off. BTC dominance is now sitting around 59%, inching closer to those key levels. ๐
Analysts at Hashkey Capital are eyeing $80,000 as the magic Bitcoin price to unlock the next โaltseason.โ They believe a mere 18% BTC pump from its current $67K could flip the switch! ๐ข
Bitcoin dominance also plays a role, with a target range of 62-70% dominance before altcoins take off. BTC dominance is now sitting around 59%, inching closer to those key levels. ๐
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๐ฐ Hackers Swipe $20M from U.S. Government Wallet?
On October 24, analysts at Arkham Intelligence detected suspicious transactions from a U.S. government-linked crypto wallet that previously held funds seized from Bitfinex hackers. It appears that someone moved around $20 million in assets from the wallet:
- 13.6M aUSDC
- 5.44M USDC
- 1.12M USDT
- 177,892 ETH
While $13.1M remains in the wallet, some assets have already been transferred to other addresses and seem to be exchanged for ETH.
Arkham suspects the hacker has begun laundering funds through addresses linked to crypto โcleaningโ services. On-chain detective ZachXBT also identified two more hacker addresses holding $5.4M and $1.36M, respectively.
On October 24, analysts at Arkham Intelligence detected suspicious transactions from a U.S. government-linked crypto wallet that previously held funds seized from Bitfinex hackers. It appears that someone moved around $20 million in assets from the wallet:
- 13.6M aUSDC
- 5.44M USDC
- 1.12M USDT
- 177,892 ETH
While $13.1M remains in the wallet, some assets have already been transferred to other addresses and seem to be exchanged for ETH.
Arkham suspects the hacker has begun laundering funds through addresses linked to crypto โcleaningโ services. On-chain detective ZachXBT also identified two more hacker addresses holding $5.4M and $1.36M, respectively.
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๐ฐ๐ท South Korea Tightens the Reins on Cross-Border Crypto Transactions!
South Koreaโs cracking down on crypto-related foreign exchange crime with new rules for businesses handling cross-border transactions. Any entity involved in transferring stablecoins and other cryptocurrencies across borders must register and report monthly transactions to the Bank of Korea ๐.
๐ The collected data will be monitored by several regulatory bodies to target illegal activities like arbitrage and money launderingโcrimes tied to nearly 88% of the $1.2 billion in foreign exchange violations involving crypto.
Expect these rules to officially kick in during the second half of 2025! ๐ง
South Koreaโs cracking down on crypto-related foreign exchange crime with new rules for businesses handling cross-border transactions. Any entity involved in transferring stablecoins and other cryptocurrencies across borders must register and report monthly transactions to the Bank of Korea ๐.
๐ The collected data will be monitored by several regulatory bodies to target illegal activities like arbitrage and money launderingโcrimes tied to nearly 88% of the $1.2 billion in foreign exchange violations involving crypto.
Expect these rules to officially kick in during the second half of 2025! ๐ง
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๐ Bitcoin at $100K by February? "Completely Reasonable," says Analyst!
Bitcoin's next move could be a leap to six figures within the next three months, according to network economist Timothy Peterson, who claims BTC is in the early stages of a bull run. ๐
Peterson points to Bitcoin's eight-month consolidation as a setup for an imminent breakout. Despite earlier predictions of diminishing returns, he sees BTC following past cycles closely, predicting $100K as a โcompletely within reasonโ target by February. ๐
Bitcoin's next move could be a leap to six figures within the next three months, according to network economist Timothy Peterson, who claims BTC is in the early stages of a bull run. ๐
Peterson points to Bitcoin's eight-month consolidation as a setup for an imminent breakout. Despite earlier predictions of diminishing returns, he sees BTC following past cycles closely, predicting $100K as a โcompletely within reasonโ target by February. ๐
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๐ฅท A new statue honoring Satoshi Nakamoto, the creator of Bitcoin, has been unveiled in the city of Lugano, Switzerland.
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Crypto soothsayer
๐ฐ Hackers Swipe $20M from U.S. Government Wallet? On October 24, analysts at Arkham Intelligence detected suspicious transactions from a U.S. government-linked crypto wallet that previously held funds seized from Bitfinex hackers. It appears that someoneโฆ
The hacker sent back $19.3 million worth of crypto to U.S. government wallets ๐ง
Looks like he either got tracked down fast or decided to play it safe and make amends. ๐คท
Looks like he either got tracked down fast or decided to play it safe and make amends. ๐คท
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Tether vs. The Wall Street Journal!
๐ Yesterday, The Wall Street Journal claimed the U.S. is investigating Tether over sanctions violations and money laundering concerns.
Tetherโs CTO Paolo Ardoino quickly responded, denying any signs of an investigation, and noted he had informed WSJ reporters of this earlier. ๐คท
๐ On their website, Tether published a statement calling WSJโs reporting โirresponsible,โ accusing them of basing their claims on rumors from unnamed sources. Tether also pointed out that the article ignored their track record of collaboration with law enforcement and freezing criminal wallets.
๐ Yesterday, The Wall Street Journal claimed the U.S. is investigating Tether over sanctions violations and money laundering concerns.
Tetherโs CTO Paolo Ardoino quickly responded, denying any signs of an investigation, and noted he had informed WSJ reporters of this earlier. ๐คท
๐ On their website, Tether published a statement calling WSJโs reporting โirresponsible,โ accusing them of basing their claims on rumors from unnamed sources. Tether also pointed out that the article ignored their track record of collaboration with law enforcement and freezing criminal wallets.
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๐ While the market was hit by Tether FUD and Bitcoin briefly dropped to $65,500, over in Lugano, Switzerland, there was no time for gloom: they sent a symbolic Bitcoin rocketโฆ made of drones, straight to the Moon! โจ
Looks like Lugano has decided that if the price wonโt take Bitcoin to new heights, the drones surely will! ๐๐
Looks like Lugano has decided that if the price wonโt take Bitcoin to new heights, the drones surely will! ๐๐
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Crypto soothsayer
๐ฅท A new statue honoring Satoshi Nakamoto, the creator of Bitcoin, has been unveiled in the city of Lugano, Switzerland.
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๐นHere's a more detailed video of the Satoshi Nakamoto monument.
The concept is very futuristic. Looks cool, right? ๐ฅ
The concept is very futuristic. Looks cool, right? ๐ฅ
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๐ฑ The well-known trader James Fickel "took a loan" on Aave and lost $55 million in a single trade. Now heโs not only "in the red," but also owes 980 WBTC (almost $132 million)! ๐ธ
๐ When it feels like your futures trade is going south, just remember James and take a deep breath. Maybe his story will save you from rash decisions? ๐ณ
๐ฌ Do you still think taking a loan for trading is a good idea?
๐ When it feels like your futures trade is going south, just remember James and take a deep breath. Maybe his story will save you from rash decisions? ๐ณ
๐ฌ Do you still think taking a loan for trading is a good idea?
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๐ This weekend, $BTCโs dominance hit a fresh high of 59.75%, while ETH/BTC fell to April 2021 levels at 0.03625.
๐ Since the beginning of the year, Bitcoin has surged 1.5x, smashing through ATH in March, while many alts have slipped back to last yearโs levelsโor lower. Rumor has it, the days of altseason are over, with the spotlight now on Bitcoin, held by big funds with even bigger wallets. ๐
๐ค So, is this a paradigm shift, or do we just need to be a little more patient?
๐ฅ "Just wait, altseason is around the corner."
๐ "Classic altseason is over; meme coins had their day."
๐ "Iโm tired of waitingโheading to OnlyFans, the real goldmine!"
๐ Since the beginning of the year, Bitcoin has surged 1.5x, smashing through ATH in March, while many alts have slipped back to last yearโs levelsโor lower. Rumor has it, the days of altseason are over, with the spotlight now on Bitcoin, held by big funds with even bigger wallets. ๐
๐ค So, is this a paradigm shift, or do we just need to be a little more patient?
๐ฅ "Just wait, altseason is around the corner."
๐ "Classic altseason is over; meme coins had their day."
๐ "Iโm tired of waitingโheading to OnlyFans, the real goldmine!"
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Ethereum Eyes $6K Despite October Slump! ๐
Ethereum's price has dropped 5.4% since the start of the month, but several indicators suggest itโs gearing up for a rebound to $6,000, according to Cointelegraph analyst Yashu Gola.
ETH might be closing its first losing October since 2018, driven by rising competition from platforms like Solana and weak market response to ETH spot ETFs. Still, Ethereum is holding above the critical $2,400 support level.
What could push ETH to $6K?
1๏ธโฃ Strong Support โ previous rebounds from this level saw gains of up to 160%.
2๏ธโฃ Institutional Moves โ a $1.3B ETH withdrawal from Coinbase hints at long-term interest.
3๏ธโฃ Capital Rotation โ Solana may have โoverheated,โ positioning ETH to lead an altseason.
Will ETH reach $6K by 2025? All signs point to a potential lift-off! ๐
Ethereum's price has dropped 5.4% since the start of the month, but several indicators suggest itโs gearing up for a rebound to $6,000, according to Cointelegraph analyst Yashu Gola.
ETH might be closing its first losing October since 2018, driven by rising competition from platforms like Solana and weak market response to ETH spot ETFs. Still, Ethereum is holding above the critical $2,400 support level.
What could push ETH to $6K?
1๏ธโฃ Strong Support โ previous rebounds from this level saw gains of up to 160%.
2๏ธโฃ Institutional Moves โ a $1.3B ETH withdrawal from Coinbase hints at long-term interest.
3๏ธโฃ Capital Rotation โ Solana may have โoverheated,โ positioning ETH to lead an altseason.
Will ETH reach $6K by 2025? All signs point to a potential lift-off! ๐
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