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Happy Monday Folks! Well not so happy for me because my Cowboys got slaughtered by dem dirty birds; Eagles. It's okay we will meet again. On the other hand, it could be happy for some who have been impacted by Hacktober as Wintermute repays $92M of the TrueFi loan despite being hacked. Meanwhile, the hacker of TempleDAO moves funds. 51% of Ethereum node validators can censor your transactions and that is not good.
Five things to know in Bitcoin this week, according to Cointelegraph:
- Spot price action has traders dreaming of breakout
- Fresh macro triggers line up for crypto
- RSI breakdown risk echoes 2018
- Hodlers stay as determined as ever
- Fear enters its second consecutive month
Podcast of the Day: The Scoop - The “culture of excess” in crypto lending is over
TRENDING
- New Mastercard Program Looks To Offer Crypto Capabilities to Banks (Blockworks | Bitcoinist | Cryptoglobe | BM | TB | BIC | Coindesk)
- Three Arrows Founders Su Zhu and Kyle Davies Have Vanished, Like Terra LUNA CEO (BIC | TB | EWN | BIC | Blockworks | Coindesk | Bitcoinist)
- Texas investigates FTX for securities violations after objecting to Voyager auction (Cointelegraph | Blockworks | TB | Coindesk)
Gaining Traction
- John Mack: Former Morgan Stanley CEO Says He Owns Bitcoin (Cryptoglobe | Finbold | TDH)
- Kevin O'Leary: Shark Tank Star Says Over $1 Trillion in Sovereign Wealth Funds Could Go to Bitcoin (Cryptoglobe | TDH | BIC)
- Wintermute repays $92M TrueFi loan on time despite suffering $160M hack (Cointelegraph | TB | Coindesk)
- TempleDAO hacker moves funds via sanctioned crypto mixer Tornado Cash (TB | Coindesk | Blockworks)
- 51% of Ethereum Node Validators Can Censor Your Transactions (BIC | Cointelegraph | Coindesk)
- Mango Markets exploiter comes clean, claims all actions were legal (TB | Bitcoinist | Cointelegraph)
- Ripple’s XRP Ledger Is Getting a Sidechain That’s Compatible With Ethereum (Decrypt | TB | BIC)
CRYPTO MARKET
- Here are the three biggest stories in crypto to look out for this coming week (TB)
- High-net-worth investors prefer direct crypto investments over cryptocurrency ETFs, data shows (Finbold)
- France approves its third-biggest bank to operate digital asset services (TB | BIC)
- UK Crypto Boom – Over 50% Of Top British Banks Facilitate Digital Currency Transactions (Bitcoinist | Finbold)
- Ex-Morgan Stanley CEO admits crypto could be ‘a huge way’ powering monetary transactions (Finbold)
- deVere Group CEO: ‘Savvy, Long-Term Crypto Investors’ Will Be Buying Crypto ‘On the Cheap’ (Cryptoglobe | TDH)
- Tron CEO Believes Crypto Will Return to China, Here's Why (UToday)
- BNY Mellon CEO on Crypto: ‘Prepared’ To Support Client Needs ‘On This Important Journey’ (Cryptoglobe)
- 75% of Young US Investors Want to Diversify Portfolios With Crypto (BoA Survey) (CryptoPotato)
- Digital Currency Could Soon Become Legal Tender In Macau – Here’s How (Bitcoinist)
- Germany leaves the US behind in top crypto economies in Q3: Report (Cointelegraph)
BITCOIN
- ‘Get ready’ for BTC volatility — 5 things to know in Bitcoin this week (Cointelegraph)
- Only the Smartest (and Most Foolish) Investors Own Bitcoin: Bank of Canada (CryptoPotato)
- Why Bitcoin is Still a Great Opportunity According to DBS Bank (CryptoPotato)
- Bitcoin in space is good for user privacy, says Adam Back (Cointelegraph)
Price
- Bitcoin (BTC) Price Risks Persist as Demand Wanes (BIC)
- Crypto Analytics Firm Says One Bitcoin Metric Has Turned Bearish – But price normally increases (TDH)
- Post-midterm elections dump? Bitcoin will see $12K if this 2018 BTC chart fractal is correct (Cointelegraph)
- TA indicator hints at sharp selling pressure for Bitcoin ahead (Finbold)
- Pay No Attention to the Price of Bitcoin and Ethereum (Decrypt)
- Will Bitcoin Become More Volatile As US Inflation Hits 8.2% (NewsBTC)
- Latest Findings Show A Reduction In Sell Off, Is A Bitcoin Rally Ahead? (NewsBTC)
- Bitcoin Closer to Bullish Takeover Than You Think, Data Suggests (UToday)
Mining
- Riot Blockchain CEO: Firm Is One of Mining Space’s ‘Best-positioned Acquirers’ (Blockworks)
- Bitcoin Fails to Produce 1 Block for Over an Hour (Coindesk)
- Digihost is latest bitcoin miner stock to face delisting, trading below $1 (TB)
ETF
- Grayscale BTC Trust trades at a record 36.7% discount, but is it justified? (Cointelegraph | CryptoPotato)
Acceptance/Adoption
- MicroStrategy (MSTR) outperforms leading traditional assets since adopting Bitcoin standard (Finbold)
- $BTC: Bitfinex and Tether CTO Pays for Coffee With Bitcoin at McDonald’s in Switzerland (Cryptoglobe)
- Beers for Bitcoin: Here’s the story of Satoshi’s Place pub in the UK (Cointelegraph)
MEET THE CATHOLIC NUNS WHO ARE BUILDING A NEW CHURCH WITH BITCOIN
ETHEREUM
- Here's Why Ethereum's Price Crashed So Low Since Merge: Details (UToday)
- Ethereum Whale and Shark Addresses Offload as ETH Price Struggles (BIC)
- Ethereum (ETH) Price Up, But Why Bulls Still Can’t Rejoice (BIC)
- Ethereum Price Tries To Move Upwards As It Tries To Break Consolidation, What’s Next? (NewsBTC)
BNB
- BNB Chain responds with next steps for cross-chain security after network exploit (Cointelegraph)
XRP
- Market Watch: Ripple (XRP) Plummets 12% Weekly While Crypto Market Stagnates (CryptoPotato)
- 3 signs suggesting the XRP price boom can continue in Q4 2022 (Cointelegraph)
- Crypto Attorney Predicts Next Move in Ripple and XRP Lawsuit After SEC Evidence Setback (TDH)
- Crypto Expert Panel Predicts $XRP Could Surge to $3.8 if Ripple Wins Legal Battle Against SEC (Cryptoglobe)
CARDANO
- Cardano (ADA) Price Prediction: More Pain Yet To Come (NewsBTC)
- Cardano (ADA) Price Continues to Slide With No Near-Term Bullish Catalysts (BIC)
- Cardano bug reportedly allows nodes to illegally manipulate transaction orders (Finbold)
- Cardano: Here's How Far ADA Has Moved with Glance at Top 15 Cryptos in 2017 (UToday)
SOLANA
- Solana Founder: We're More 'Complementary' to Ethereum Than 'Killer' (Decrypt)
DOGE
- Whales Grabbing DOGE Frantically as Its Trading Volume Spikes (UToday)
LEGISLATION/REGULATION
- CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto (Coindesk | Cointelegraph)
- CFTC action shows why crypto developers should get ready to leave the US (Cointelegraph)
- CZ Responds to Reuters FUD About Binance Regulatory Compliance (CryptoPotato)
- What new EU sanctions mean for crypto exchanges and their Russian clients (Cointelegraph)
LEGAL BATTLES
- Ripple CEO Brad Garlinghouse Outraged Over XRP Lawsuit and SEC Litigation (BIC | Cryptoglobe)
- Ripple vs. SEC: Lawyer explains source of ‘confusion’ over Hinman’s emails (Finbold)
- SEC v. XRP: Ripple Partner TapJets Defends XRP Utility in New Brief to Court (UToday)
- Crypto lender Celsius incurs more than $3 million in legal fees (TB)
- Celsius judge says court may look to UK consultation paper in absence of US guidance (Cointelegraph)
- UK Court Bans ‘Britain’s Pablo Escobar’ From Using WhatsApp And Bitcoin (Bitcoinist)
ATTACKS/HACKS/SCAMS
- Mango Markets Community Conflicted Over Record $47M ‘Bounty’ (BIC)
- Mango Markets Exploit Plot Revealed (Blockworks)
- Mango Madness: Exploiter Could Walk Away With Unparalleled ~$50M Bug Bounty (NewsBTC | Coindesk)
- Man Faces 25 Years Behind Bars for Illegally Converting Bitcoin (BTC) to US Dollars in Money Laundering Scheme (TDH)
- North Korea’s Lazarus behind years of crypto hacks in Japan: Police (Cointelegraph)
WATCH
LISTEN
- SLP423: Paolo Ardoino - What’s Going on with Bitcoin in Lugano?