Deflationary collection of Toucan NFTs minted October 2021.
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Plumage

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--none--

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A widely followed crypto analyst is sharing his latest plan on Bitcoin (BTC) while charting out what’s next for Dogecoin (DOGE). Pseudonymous crypt trader Rekt Capital tells his 353,200 followers on the social media platform X that he plans to dollar cost average into BTC in preparation for the Bitcoin halving. “BTC My plan is to The post Crypto Analyst Shares Bitcoin (BTC) Plan, Sees Potential Bullish Momentum for Dogecoin (DOGE) appeared first on The Daily Hodl .

The Daily Hodl

Crypto Analyst Shares Bitcoin (BTC) Plan, Sees Potential Bullish Momentum for Dogecoin (DOGE)

Amazon updates its guidelines mandating disclosure of AI-generated content to curb low-quality ebooks that are claimed to be written by humans.

Decrypt

Amazon Adds Self-Publishing Restrictions to Counter Flood of AI Books

BTC continues to close below the $26,800 region, which it should not lose. Cumulative volume is below $25 billion. The post What’s Next for Bitcoin? Current Predictions and Targets for Cryptocurrencies appeared first on COINTURK NEWS.

CoinTurk News

What’s Next for Bitcoin? Current Predictions and Targets for Cryptocurrencies

In a Sept. 22 post on X, Bloomberg Intelligence analyst James Seyffart reported Bitwise, the crypto index fund manager, has withdrawn their application to convert $BITC from a Bitcoin futures fund to a Bitcoin and Ethereum futures fund. This means…

crypto.news

Bitwise withdraws crypto futures ETF amendment

Game engine giant Unity isn’t killing its despised runtime fee, but it is offering developers options to avoid it or otherwise reduce costs.

Unity Apologizes, Walks Back Fee Changes After Game Developer Backlash

The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.

CoinDesk

Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?

Bitcoin’s correlation index with the US Dollar reached a remarkable zero, meaning that the king coin's performance will not depend on USD anymore.

AMB Crypto

Bitcoin – USD correlation hits 0; here’s what it means

Tether, the company behind the issuance of USDT, the largest stablecoin in the crypto market, has called out the latest report of the Wall Street Journal (WSJ) on the rise of its loan portfolio. The company stated that traditional banking institutions were “not addressing the needs of their customers” while facing “significant challenges,” with the

Bitcoin.com

Tether Calls Out WSJ ‘Tabloid Style’ Reporting, States Outlet ‘Disregarded’ Reporting Banking Industry Woes

How a law favoring the crypto mining industry appeared and what led to its potential repeal.

Daily Coin

Crypto Mining Law Under Threat: The Road to Potential Repeal

The cryptocurrency analyst and trader Benjamin Cowen warned that the price of Bitcoin (BTC) could drop to $23K, and possibly even below this mark, through the course of the next few weeks. In his analysis, Cowen based his prediction on the performance of BTC during the month of September in previous pre-halving years. Although September The post Bitcoin Risks Breaking Below $23K in Classic Pre-Halving Slump appeared first on Coin Edition .

Coin Edition

Bitcoin Risks Breaking Below $23K in Classic Pre-Halving Slump

What is HIFI coin? What is the future of HIFI coin? Detailed HIFI coin predictions from 2024 to 2030 are available only on COINOTAG! The post What Will the Price of Hifi Finance (HIFI) Be in 2024 – 2030? HIFI Price Predictions appeared first on COINOTAG NEWS .

CoinOtag

What Will the Price of Hifi Finance (HIFI) Be in 2024 – 2030? HIFI Price Predictions

Shiba Coin, which has one of the most influential communities in the crypto world, has made ambitious moves and its price has grown remarkably. The best thing that the Shiba Coin team does is its ability to launch products on current hype topics. The post The Tale of Shiba Coin Comes to an End: Why Shiba Inu Failed? appeared first on COINTURK NEWS.

The Tale of Shiba Coin Comes to an End: Why Shiba Inu Failed?

Nansen's users' password hashes have been compromised in an attack.

Crypto Potato

On-Chain Analytics Platform Nansen Warns of Security Compromise, 7% of Users Affected

Americans (Seemingly) Aren't Allowed to Put This Economic Theory to the Test

New data shows Coinbase has overtaken Binance to hold the world's largest Bitcoin reserve, reflecting the cryptocurrency's increasing popularity in the United States. The post BREAKING: Coinbase Surpasses Binance to Become the Largest Bitcoin Reserve Holder! appeared first on COINOTAG NEWS .

BREAKING: Coinbase Surpasses Binance to Become the Largest Bitcoin Reserve Holder!

Newly created cryptocurrency whales seem to be focusing on some altcoins. Here are the fresh wallets and their altcoins. Continue Reading: Fresh Addresses Withdrew Large Amounts of Altcoins to Their Cold Wallets Today: Here are the Details

BitcoinSistemi

Fresh Addresses Withdrew Large Amounts of Altcoins to Their Cold Wallets Today: Here are the Details

Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report. Amid a volatile year for cryptocurrencies, the stablecoin sector has experienced a sustained decline. As reported by CCData, the decrease has persisted for 18 months, causing market dominance to fall to 11.6% as of September. The downward trend has had investors and market watchers questioning the factors contributing to the decline.... Read More: Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?

cryptonews

Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?

Balancer DAO, a decentralized autonomous organization governing the protocol, protocol thanked a team of security experts for their help following a DNS attack on a top level .fi domain registrar employed by Balancer. Balancer DAO called attention to SEAL 911,…

Balancer DAO salutes defi response team for aid in $230K UI exploit

In the midst of bad market conditions, John Reed Stark, former U.S. Securities and Exchange Commission (SEC) executive, stated in his post on X (formerly known as Twitter) that NFTs will be buried in the dusty pages of history. The post Former SEC Chairman Puts an End: They Will Have No Value! Crypto Currencies Will Share the Same Fate! appeared first on COINTURK NEWS.

Former SEC Chairman Puts an End: They Will Have No Value! Crypto Currencies Will Share the Same Fate!

Conferences held in Asia during September saw higher attendance, and the sentiment regarding the future of digital assets was optimistic.

TheBlock

Electric vibe at Asia crypto conferences points toward growing momentum in region

Bitcoin is known to be a very volatile digital asset as its price is often wont to rise and fall unexpectedly, and sometimes without a clear reason. One of these instances of the digital asset flash-crashing was back in 2021 when the price of Bitcoin had fallen 87% on some exchanges in a matter of minutes. However, the mystery behind this flash crash has been unveiled two years after it first occurred. Former Alameda Research Engineer Spills Secret Alameda Research is the sister company of the now-defunct FTX crypto exchange run by Caroline Ellison who served as CEO until it collapsed. Following the bankruptcy, employees at the trading firm have, at various times, come forward to tell stories of what took place at the company. This time around, an ex-engineer Aditya Baradwaj is telling the story of how a simple mistake caused the company to lose tens of millions of dollars. Related Reading: Investment Firm Founder Has An Important Message For Bitcoin Holders Baradwaj took to his X (formerly Twitter) account to reveal how an Alameda employee had unwittingly triggered a Bitcoin flash crash in 2021. According to him, the error was a result of two trading systems operated at the company. PART 2: THE FAT-FINGER or The story of how a misplaced decimal point at Alameda Research caused a market crash that echoed around the world. (1/n) 🧵#SBF #FTX pic.twitter.com/jCykh6rg1o — Adi (e/acc) (@aditya_baradwaj) September 20, 2023 The ex-engineer explained that Alameda had semi-systemic strategies in which a complex automated trading system was controlled by model parameters set by traders. The second was manual trading which would be done when the former could not execute a trade due to a number of reasons. In the case of the trader who triggered the flash crash, they had to manually enter a trade to sell a large tranche of BTC using Alameda’s manual trading system. However, the trader had failed to realize that the decimal point in the trade was off by a couple of spaces, which meant that they were selling the BTC at much lower prices than the current price. The result of this simple error was Alameda selling off a sizable portion of BTC at pennies on the dollar which resulted in a flash crash on multiple exchanges. The crash was most prominent on the FTX and Binance exchanges, where prices fell from $65,000 to $8,000 in a matter of minutes. Covering Up The Bitcoin Crash The aftermath of the flash crash, according to the ex-engineer, involved Alameda rushing to put in place sanity checks that should have been available before any manual trades were executed. He notes that this was not out of the ordinary as they were always waiting for things to break before fixing them at the company. Related Reading: Bloomberg Analyst Lauds Bitcoin Energy Shift Amid Rising Hashrate “That’s usually how things worked at Alameda – we would wait until something broke, and then rush to fix it,” he said. Baradwaj also referred to FTX founder Sam Bankman-Fried saying that the utility gained after the events outweighed the costs incurred from poor risk checks and hacks. He also pointed to Binance commenting on the flash crash with a statement that blamed a bug in the trading algorithm of one of their institutional traders. “I guess Caroline had made some phone calls,” Baradwaj said, referring to Alameda’s CEO. BTC price holding support | Source: BTCUSD on Tradingview.com Featured image from Nairametrics, chart from Tradingview.com

NewsBTC

How An ‘Inconsequential’ Mistake Saw Bitcoin Crash To $8,000

In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday. Post.Tech operates much like its predecessor, Friend.Tech, offering token-gated channels where users can buy and sell access tokens. Both platforms charge a 10% fee on transactions, split evenly between the app and the channel's owner.... Read More: Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume

Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume

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