In response to a request for comment from Cointelegraph, a Kraken spokesperson said, “We constantly monitor the assets on our platform to ensure we are meeting the highest compliance standards in the crypto industry,” before confirming the suspensions. Continue Reading on Cointelegraph More
Google (NASDAQ:GOOGL) searches for buy Bitcoin have surged worldwide amid a major crypto rally, with searches in the United Kingdom growing by more than 800% in the last week. According to research from Cryptogambling.tv, the search term buy Bitcoin spiked a staggering 826% in the U.K. over the course of seven days. In the United States, data from Google Trends shows that searches for should I buy Bitcoin now? increased by more than 250%, while more niche searches, including can I buy Bitcoin on Fidelity? increased by over 3,100% in the last week. Zooming out further, the search term is it a good time to buy Bitcoin? saw a 110% gain worldwide over the last week.Continue Reading on Cointelegraph More
That could push the markets further into overbought territory. However, such rallies are rarely sustainable. They eventually turn down and retest the breakout levels. Hence, Bitcoin’s drop to $32,000 can not be ruled out.Continue Reading on Cointelegraph More
The protocols claimed in their joint statement that LayerZero’s new token is “a proprietary representation of wstETH to Avalanche, BNB Chain, and Scroll without support from the Lido DAO [decentralized autonomous organization],” which is created by “provider-specific systems […] fundamentally owned by the bridges that implement them.” As a result, it creates “systemic risks for projects that can be tough to quantify,” they stated. The protocols advocated for the use of the xERC-20 token standard for bridging stETH instead of using LayerZero’s new token.Continue Reading on Cointelegraph More
The past week in DeFi was filled with bullish resurgences for many projects, but it was the Uniswap founder’s $650 billion HayCoin (HAY) burn — 99% of the token supply — that grabbed headlines. In other news, a new report highlighted that 85% of the rug-pulled DeFi projects in Q3 didn’t report an audit, and the largest DeFi protocol on Solana has shut down its United Kingdom operations due to strict regulations imposed by the Financial Conduct Authority (FCA).Continue Reading on Cointelegraph More
It’s worth noting that this surge coincided with Bitcoin’s (BTC) 23% gain during the same period. However, LINK’s performance stands out compared with Ether’s (ETH) 14% increase and SOL’s (SOL) 28% rally, suggesting increased bullish sentiment toward Chainlink’s leading oracle and decentralized computing solutions.Continue Reading on Cointelegraph More
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding steady, preserving its early-week gains.Continue Reading on Cointelegraph More
Last time this wallet was active, according to the crypto tracking platform, was 9.8 years ago – 2013. This is the year when DOGE was launched to the market by and Jackson Palmer, who made this meme coin as a side project and as a parody of the flagship cryptocurrency Bitcoin. BTC had been launched four years prior to that.Billy Markus, when he registered on Twitter, also took an alias that mocks the mysterious Bitcoin creator Satoshi Nakamoto. The DOGE co-founder started calling himself on Twitter Shibetoshi Nakamoto.According to Whale Alert, slightly more than three hours ago, this awakened wallet transferred 392,000 DOGE to another blockchain address – that was a brand new wallet. This looks like his millions of Dogecoin to different wallets.Earlier this week, between October 25 and October 26, the original meme coin DOGE experienced a substantial rise of 16.11%, jumping from $0.0649 to the $0.0753 level. DOGE, as well as other altcoins, followed the extensive 13% rise of Bitcoin as it regained the $34,100 level on October 24.However, this momentum did not last long for Dogecoin. At the time of this writing, the meme coin is , having lost 9.35% since that jump on Thursday.Earlier today, it was reported that an anonymous whale transferred a staggering 350,000,000 DOGE to the popular trading platform Robinhood (NASDAQ:HOOD), apparently, to sell this massive chunk of meme cryptocurrency.This article was originally published on U.Today More
