Argentina's Got A Bitcoin-Friendly President
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Argentina's Got A Bitcoin-Friendly President
All-time-low Active Supplies of BTC & ETH, Kronos Research Hack
Welcome to Coinfeeds Daily Digest! Today we cover fresh waves of potential adoption and development as Argentina's Bitcoin-friendly presidential candidate Javier Milei wins the election, the impact of Bitcoin nearing its pre-halving "target zone", Santander's private bank bringing Bitcoin and Ethereum trading to its wealthy Swiss clients, the active supplies of the two biggest coins hitting all-time lows, and the consistent influx of Bitcoin to exchanges. We also cover ecosystem-specific highlights, such as Cardano slowly entering its new "age of Voltaire" and its founder's recent tweet at Sam Altman.
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Bitcoin-Friendly Javier Milei Wins Argentina's Presidential Election
In a significant shift in Argentina's political and economic landscape, Javier Milei has secured the presidency with a decisive victory over his opponent Sergio Massa. The win signals potential changes in the country's approach to financial policy, particularly concerning cryptocurrencies like Bitcoin. | Read More
Upcoming Bitcoin Halving Sparks Speculation on $50,000 'Target Zone'
As the cryptocurrency community gears up for the upcoming Bitcoin halving, the buzz around the potential price movement of Bitcoin (BTC) is growing. With the halving event on the horizon, many traders and analysts are focusing on the 'target zone' for BTC's price, which is speculated to be around $50,000. | Read More
Santander Private Bank Brings Crypto Trading to Wealthy Swiss Clients
Santander Private Banking International, a division of the global banking giant Banco Santander, has taken a significant step forward. The bank has recently introduced services that allow high-net-worth clients in Switzerland to trade and invest in major cryptocurrencies, including Bitcoin and Ethereum. | Read More
Bitcoin, Ethereum's Active Supplies Reach Record Lows
Recent data has highlighted a significant trend in the behavior of cryptocurrency holders, particularly those invested in Bitcoin and Ethereum. The active supply of these two major cryptocurrencies has reached record lows, indicating a shift in how investors are managing their digital assets. | Read More
Exchange-Held Bitcoin Growing at $1.16B per Month
More Bitcoin is being held in wallets associated with centralized exchanges. This movement of Bitcoin into exchange wallets is occurring at a rate of approximately $1.16 billion per month, a figure that has caught the attention of investors and analysts alike. | Read More
Kronos Research Hit by Hack, $25 Million in Crypto Stolen
Kronos Research, a prominent player in the cryptocurrency market, has been hit by a cyberattack leading to substantial financial loss. The unauthorized access incident involves API keys, and it has resulted in the theft of approximately $25 million in various cryptocurrencies. | Read More
Cardano Prepares for 'Age of Voltaire' with Upcoming Cardano Ballot Event
The Cardano blockchain is on the brink of a significant transformation, one that could redefine how its community interacts and participates in the platform's governance. Dubbed the 'age of Voltaire', this new era for Cardano is set to be ushered in by an upcoming event known as the Cardano Ballot. | Read More
Ethereum Co-Founder Joseph Lubin Accused of Encouraging Fraudulent Practices
At the heart of the controversy is an audio clip that has been circulating among crypto enthusiasts. In this clip, Joseph Lubin is allegedly heard advising investors to create multiple pseudonymous identities. The purpose of this advice was to enable these investors to make large, secretive investments in Ethereum. | Read More