🔍 🔴😞 CryptMarket Analysis — 15-10-18

The crypto market is still reeling from the aftershocks of the historic $19 billion liquidation, a seismic event that sent digital currencies into freefall over the weekend. Fresh tariffs levied by President Trump in the ongoing trade war with China have catalyzed a global flight to safety, with ... ... Read full 🔴😞 CryptMarket Analysis — 15-10-18

Pico Prism proves 99.6% of ETH blocks in real time: 10K TPS gets closer

Pico Prism proves 99.6% of ETH blocks in real time: 10K TPS gets closer

Ethereum could be one step closer to achieving 10,000 transactions per second, following the introduction of a new Ethereum scaling technology called Pico Prism. Ethereum scaling firm Brevis announced on Wednesday a new state-of-the-art zero-knowledge Ethereum Virtual Machine (zkEVM) for real-time p…

$300 Trillion Crypto Mistake: Biggest Accidental Token Mints of All Time

$300 Trillion Crypto Mistake: Biggest Accidental Token Mints of All Time

On Wednesday, blockchain infrastructure firm Paxos mistakenly created a total of 300 trillion PayPal USD (PYUSD) tokens. The humongous number of tokens was accidentally minted as part of an internal transfer, according to the firm. The excess PYUSD was "immediately" identified and burned by Paxos. I…

BitMine appears to buy the dip as ETH is down 20% from peak

BitMine appears to buy the dip as ETH is down 20% from peak

The world’s largest Ether digital asset treasury, BitMine, has reportedly bought the dip again as ETH continues to retreat from its August all-time high.Tom Lee-chaired BitMine Immersion Technologies reportedly scooped up a further 104,336 Ether (ETH) worth around $417 million on Thursday, according…

Aussie Minister Outlines New ‘Powers’ to Target Crypto ATMs Amid Surging Crypto Crimes

Aussie Minister Outlines New ‘Powers’ to Target Crypto ATMs Amid Surging Crypto Crimes

Australian Minister for Home Affairs Tony Burke unveiled new “powers” for AUSTRAC to curb the use of crypto ATMs.Addressing the National Press Club in Canberra on Thursday, that Bitcoin ATMs are being used by organized crime to launder money.The minister pointed out that Australia’s financial crimes…

Corporate Bitcoin Holdings Cross 1M BTC: Over 176K BTC Added In Q3

Corporate Bitcoin Holdings Cross 1M BTC: Over 176K BTC Added In Q3

Bitcoin is facing a pivotal moment after last Friday’s flash crash briefly sent prices tumbling to the $103,000 level, shaking market confidence before a swift recovery. The leading cryptocurrency has since stabilized, consolidating below the $115,000 mark as traders and institutions reassess short-…

Dogecoin treasury company Thumzup Media explores potential DOGE rewards integration

Dogecoin treasury company Thumzup Media explores potential DOGE rewards integration

Digital adtech firm Thumzup Media (ticker TZUP) said Wednesday it will explore a Dogecoin integration as an alternate payout mechanism for users of its Thumzup app. The company's platform enables users to earn cash rewards for sharing authentic content about advertisers' products.Introducing Dogecoi…

LuBian Wallet Breaks 3-Year Silence with $1.3B Bitcoin Move, Just One Day After DOJ Crackdown – Coincidence?

LuBian Wallet Breaks 3-Year Silence with $1.3B Bitcoin Move, Just One Day After DOJ Crackdown – Coincidence?

A Bitcoin wallet linked to Chinese mining pool LuBian has awakened after more than three years of dormancy, transferring nearly $1.3 billion worth of BTC just 24 hours after the U.S. Department of Justice (DOJ) announced one of the largest crypto forfeiture cases in history, which the firm was alleg…

Argentine President Javier Milei Has No Crypto Agenda, Experts Say

Argentine President Javier Milei Has No Crypto Agenda, Experts Say

Argentine President Javier Milei has not made crypto or its use cases a fundamental part of his political agenda, primarily because he has little knowledge of the technology, according to leading Bitcoin experts in the country.During a press roundtable hosted by the Latin American Bitcoin & Blockcha…

Bitcoin Coinbase Premium keeps BTC above $110K: Will this level hold?

Bitcoin Coinbase Premium keeps BTC above $110K: Will this level hold?

Key takeaways:US spot demand on Coinbase keeps Bitcoin anchored above $110,000.7,300 dormant BTC moved, hinting at profit-taking.Derivatives wallets mobilized 364,000 BTC, signaling looming volatility.Bitcoin (BTC) continued to solidify its footing above $110,000, bolstered by strong spot demand fro…

Zeta Network partners with Solv Bitcoin to build out a $230 million BTC and SolvBTC treasury

Zeta Network partners with Solv Bitcoin to build out a $230 million BTC and SolvBTC treasury

Zeta Network Group (ticker ZNB) is partnering with Solv Protocol as it looks to build out its Bitcoin treasury.Zeta is looking to close a $230 million private placement on Oct. 16 to fund this initiative, according to an announcement on Wednesday. In exchange for stock and warrants, Zeta will receiv…

Gold mania? Bank-run style lines at shops as precious metal glitters at all-time highs

Gold mania? Bank-run style lines at shops as precious metal glitters at all-time highs

Gold hit a new all-time high of over $4,200 per ounce on Wednesday, driven by demand from retail consumers buying physical gold and central banks accumulating the precious metal as a hedge against currency inflation.Reports of end consumers seeking exposure to gold have surfaced as more people look …

Bitcoin Having One of Worst Years Ever as 'Uptober' Flops

Bitcoin Having One of Worst Years Ever as 'Uptober' Flops

Those who got swept up in the constant hype within the crypto space might be surprised to find out that Bitcoin is on track to record its fourth-worst year to date. The cryptocurrency's yearly returns currently stand at an underwhelming 18.45%. Undoubtedly, such price performance is extremely lacklu…