Bitcoin developer Peter Todd’s snarky reply to an X user’s post asking about the name of his pets has been turned into a viral meme coin that has soared past 130% in the past 24 hours. Todd was recently claimed…
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Maximizing returns in a volatile market: The role of Bitcoin yields | Opinion [btcmanager]
Bitcoin—a distributed, battle-tested, and censorship-resistance peer-to-peer network—can lay the foundation for a robust DeFi sector.
Ethiopian Bitcoin mining gets 600MW boost as country signals support for industry [btcmanager]
Ethiopia is emerging as a fast-growing Bitcoin mining hub, with local miners already consuming 600MW of power and more capacity expected to come online this year. Ethiopia’s Bitcoin (BTC) mining industry is gaining momentum, with crypto miners currently consuming 600MW…
86-year-old former attorney to pay $14m for role in crypto Ponzi scheme [btcmanager]
Disbarred California attorney David Kagel has agreed to pay nearly $14 million in restitution as part of his sentencing for operating a multimillion-dollar cryptocurrency Ponzi scheme that defrauded investors over several years. According to a ruling by Las Vegas federal…
Kraken survey: DCA dubbed best trading strategy by 59% of crypto investors [btcmanager]
Kraken’s latest survey reveals that 59% of respondents use dollar-cost averaging as their main crypto investment strategy, while 83.53% have used DCA at least once in their crypto activities. In a survey conducted with 1,109 crypto investors, crypto exchange Kraken…
What if there was a meme marketplace? The creators behind Memstagram hope to make one [btcmanager]
Memstagram is now available on Coinbase Wallet, giving users the chance to upload memes and bid on their favorites directly through the world’s first Socialfi meme marketplace. Memstagram wants to create a meme marketplace where people can create internet memes,…
What if there was a meme marketplace? The creators behind Memstagram hope to make one [btcmanager]
Memstagram is now available on Coinbase Wallet, giving users the chance to upload memes and bid on their favorites directly through the world’s first Socialfi meme marketplace. Memstagram wants to create a meme marketplace where people can create internet memes,…
Turkey, Russia ban Discord over child abuse allegations [btcmanager]
Turkey and Russia have both moved to ban the popular communication platform Discord, citing concerns over child abuse and other criminal activities. In Turkey, authorities blocked access to Discord after a court ruling linked the platform to incidents of child…
4.6m EIGEN entered the exchanges, profit-taking could be on the way [btcmanager]
The native token of the Ethereum-based restaking protocol, EigenLayer, regained upward momentum, closing the gap with its all-time high. EigenLayer (EIGEN) is up 17% in the past 24 hours and is trading at $4.07 at the time of writing. Its…
Brazil’s Real-pegged stablecoin BRL1 set to launch later this year [btcmanager]
Brazil’s biggest crypto exchange platforms Mercado Bitcoin, Foxbit and Bitso have teamed up to launch BRL1, the first stablecoin pegged to the value of Brazilian Real. According to Brazilian media outlet Valor on Oct. 8, Mercado Bitcoin, Foxbit and Bitso…