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Gatheomix brings you the most recent news about Cryptocurrencies and the financial world

  • Ethereum eyes rally against Bitcoin, with ETH price showing hidden bullish divergence News - 1 hour ago
    The second-largest cryptocurrency will see over 8% growth against its top rival should the technical outlook play out. Ethereum’s native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. 3.Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming…
  • Nigerian president to unveil eNaira central bank digital currency News - 1 hour ago
    The Nigerian central bank digital currency was originally slated for launch earlier this month, but it has been delayed. Nigerian President Muhammadu Buhari is set to officially introduce the country’s central bank digital currency (CBDC), the eNaira.The Central Bank of Nigeria (CBN) has published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to do so on Oct. 1. According to the…
  • Crypto investments a financial backup for Facebook whistleblower News - 2 hours ago
    Frances Haugen also received financial help from nonprofit organizations backed by Pierre Omidyar, a co-founder of eBay. Frances Haugen, a former Facebook employee turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment.Haugen worked as a Facebook product manager before accusing the company of spreading controversial and insensitive misinformation. She allegedly possesses numerous confidential research documents, which, according to her, shows that…
  • Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says News - 3 hours ago
    The recent law “On Digital Financial Assets” has not gone far enough in the eyes of Russian crypto industry advocates. Despite Russia adopting its first cryptocurrency law in January 2021, the country’s cryptocurrency market is still largely unregulated and is associated with a lot of uncertainty, according to a local industry advocate.Yury Pripachkin, head of the Russian Association of Cryptoindustry and Blockchain (RACIB), argued that the existing Russian crypto regulations…
  • BTC price ‘on the way to $90K’ — 5 things to watch in Bitcoin this week News - 4 hours ago
    $60,000 support boosts wary hodlers and reinforces calls for even higher highs — the only question is, how soon? Bitcoin (BTC) launches into a new week, determined to keep $60,000 as support — despite new all-time highs failing to last.After a classic Sunday dip, bulls regained control and have managed to keep BTC/USD clear of sub-$60,000 lows.With neither the April nor October all-time highs seeing a retest so far, however,…
  • Buyers shell out $7M for unseen NFT collection News - 7 hours ago
    Participants piled $7 million into a Dutch auction to win one of 50 Golden Tokens granting ownership to unminted NFTs from artist Tyler Hobbs. Nonfungible token (NFT) investors have poured $7 million into a Dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December.Tyler Hobbs, the artist behind the popular NFT series “Fidenza,” will launch 100 one-a-kind digital artworks in his latest…
  • SHIB plummets 20% as Elon Musk reveals he owns none News - 7 hours ago
    SHIB quickly crashed 20% as Tesla CEO and dog-token proselytizer Elon Musk announced he owns none of the canine-themed coins. Shiba Inu (SHIB), the recently surging Dogecoin-inspired ERC-20 coin, suffered a 20% retracement in two hours as Tesla founder and hypothetical DOGE CEO Elon Musk announced to Twitter that he doesn’t hold any Shiba Inu tokens.The retracement came after SHIB surged past its previous all-time high to tag a local…
  • CFTC reportedly investigating decentralized prediction platform Polymarket News - 9 hours ago
    Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe. New York-based decentralized prediction market Polymarket has come under investigations from the United States Commodity Futures Trading Commission (CFTC).According to an Oct. 23 report from Bloomberg citing anonymous sources, the CFTC is investigating whether Polymarket is allowing its customers to trade binary options and swaps that should be registered with the financial regulator. The CFTC…
  • Is excessive bullish optimism behind Bitcoin’s drop below $60K? News - 13 hours ago
    Bitcoin’s futures premium hit its highest level in five months, but was this the primary reason for BTC’s fall below $60,000? Bitcoin (BTC) has a long history of forming local tops when events that are anticipated by the market occur. The recent Bitcoin exchange-traded fund (ETF) launch on Oct. 19 was no different and led to a 53% monthly rally to an all-time high at $67,000.Now that the price has…
  • Reactivated Ethereum pools trigger a 78% surge in THORChain price News - 14 hours ago
    RUNE looks ready to extend its gains after the reactivation of ETH-based pools resulted in a 78% rally last week. Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools…
  • BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
    Bitcoin News - 1 hour ago
    As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto […]
  • Terraform Labs CEO Do Kwon Is Suing the SEC
    Bitcoin News - 3 hours ago
    Do Kwon, co-founder and CEO of Terraform Labs, the company that backs the Terra blockchain ecosystem, is suing the U.S. Securities and Exchange Commission (SEC). Kwon, who was served a subpoena while appearing at Messari’s Mainnet conference as a presenter, states this behavior was against the SEC’s own policies, and that they needed to go […]
  • Bitfarms Mega-Mining Facility Raises Concerns Among Legislators in Argentina
    Bitcoin News - 5 hours ago
    The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to disclose information about the installation of the facility, through representatives from the Ministries of Science, Technology and Innovation, Environment and Sustainable Development, and of the […]
  • Reddit Seeks Senior Engineer for Platform That Features ‘NFT-Backed Digital Goods’
    Bitcoin News - 7 hours ago
    On Friday, American social news aggregation and discussion website, Reddit published a job listing seeking a senior backend engineer for a non-fungible token (NFT) platform. As part of Reddit’s development team, the new hire would help “design, build and ship backend services for millions of users to create, buy, sell and use NFT-backed digital goods.” […]
  • Label Foundation Raises $1 Million to Build Blockchain-Based Platform for the MOOC Industry
    Bitcoin News - 7 hours ago
    PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major interest from top investors and venture capitalists in the finance and blockchain industries. […]
  • Nigerian President Muhammadu Buhari to Unveil Country’s CBDC
    Bitcoin News - 9 hours ago
    The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’s central bank digital currency (CBDC) on October 25, 2021. High-Level Endorsement of the CBDC According to a statement released by the Central Bank of Nigeria (CBN), the formal event marking the e-naira’s launch will be held at the Buhari’s official residence. […]
  • Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World
    Bitcoin News - 11 hours ago
    Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however. US Will Soon Experience Hyperinflation, Says Twitter CEO Jack Dorsey The CEO of Twitter and Square Inc., […]
  • Elon Musk Discusses Important Dogecoin Improvements, Confirms No Investment in Shiba Inu
    Bitcoin News - 13 hours ago
    Tesla CEO Elon Musk has shared what he believes to be the most important dogecoin improvements. He also clarified that he does not have anything to do with the Dogecoin Foundation and is not investing in the shiba inu (SHIB) token. Musk confirmed that he is only holding three cryptocurrencies. Elon Musk on Dogecoin Improvements, […]
  • African Blockchain Enthusiast Launches Expedition That Seeks to Highlight East Africa’s Potential
    Bitcoin News - 15 hours ago
    While the African continent is generally viewed as one of the most ideally placed to embrace and fully exploit the blockchain, the reality on the ground suggests otherwise. The East Africa Blockchain Expedition As Adedayo Adebajo, the managing director of Jelurida Africa and a blockchain enthusiast told News, much of the focus […]
  • web3 Marketing Protocol Aims for Metaverse Ads
    Bitcoin News - 15 hours ago
    PRESS RELEASE. Adshares ($ADS) decentralized network working since 2017, created the possibility to connect Publishers and Advertisers directly with the use of blockchain and allows them to sign advertising contracts without intermediaries. The Adshares team is constantly putting in a lot of effort to grow their ecosystem which shows that Adshares is considered one of […]
  • Stratis Completes Token Swap, Guns for Enterprise Blockchain Crown
    NewsBTC - 31 minutes ago
    Blockchain technology company Stratis has concluded its latest major update, with STRAX tokens replacing their STRAT predecessors. The swap follows a vote that saw over 97.5% of token-holders green-light the proposal, setting the stage for a revised tokenomic structure, new incentive mechanisms and improved block times. In total, over 93 million STRAT tokens have been converted 1:1 to STRAX, representing 93% of the circulating supply. The remainder were burned, effectively…
  • Is China Considering Lifting The Bitcoin Mining Ban? The NDRC Runs Public Survey
    NewsBTC - 1 hour ago
    The National Development and Reform Commission is asking the Chinese public for their opinion on the Bitcoin mining ban. Is China’s government playing 4D chess or are they confused and considering backtracking their decision? Can they unring this particular bell or is this a too little too late scenario? Do they really care about what the general public thinks or is this survey just for the optics? As it usually…
  • Like Ethereum, but Better: Polkadot Could Be the Secure Future of the Blockchain
    NewsBTC - 2 hours ago
    Polkadot has attracted significant attention since the project’s inception in 2016 is due to its founding team. Polkadot is the brainchild of Dr. Gavin Wood, who is one of the original co-founders of Ethereum and who came up with the idea of the Solidity programming language. Wood left his position as CTO at Ethereum in 2016, shortly after the platform launched on mainnet. He’d already shared a vision for how…
  • TA: Ethereum Gearing For Another Lift-Off If It Clears This Level
    NewsBTC - 6 hours ago
    Ethereum extended its decline below $4,100 and spiked below $4,000 against the US Dollar. ETH is recovering, but it must break $4,175 before there was a fresh increase. Ethereum corrected lower below the $4,200 and $4,175 support levels. The price is now trading above $4,050 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $4,000 on the hourly chart of ETH/USD…
  • TA: Bitcoin Price Faces Hurdle, Why 100 SMA Is The Key
    NewsBTC - 9 hours ago
    Bitcoin price corrected lower and tested $59,500 against the US Dollar. BTC is recovering losses, but upsides might be capped above $63,250 in the near term. Bitcoin declined below the $63,200 and $62,000 support levels. The price is now trading below $62,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $61,000 on the hourly chart of the BTC/USD…
  • Shiba Inu (SHIB) Jumps 50% To ATH Amid Robinhood Rumors
    NewsBTC - 18 hours ago
    Shiba Inu (SHIB), one of the most popular meme coins, soared to an all-time high for the first time since May 11. The meme coin reached new heights of $0.00004432 over the weekend. SHIB was up over 50% in just 24 hours, according to the pricing from CoinGecko. Related Reading | Shiba Inu Outranks Chainlink And Takes Place In Top 15 Crypto-Assets With a market cap of $21.4 billion, Shiba Inu is…
  • Zaragoza is the First Spanish City to Release NFTs
    NewsBTC - 1 day ago
    Zaragoza is the first city in Spain to release NFTs, a new form of digital property that has been gaining traction around the world. NFTs are a new form of digital property that allows users to own a piece of digital content, just as they would own a physical object. They’re also an investment—the value of the NFT increases as more people use it and buy into the community. The…
  • Backed by Giants, Swash Wants You to Reclaim the Web
    NewsBTC - 1 day ago
    The value and impact of data are clear. People are aware of how expensive data is and the value it brings to the world’s most valuable companies. Increasing regulations have begun to push towards a more ethical, transparent system due to increasing privacy concerns and prominent data scandals, but alternatives are needed for a future driven by data. Swash is pioneering a new way of doing data by bringing control…
  • Is Hyperinflation Inevitable? Jack Dorsey Says It’ll “Change Everything”
    NewsBTC - 1 day ago
    When Square’s boss Jack Dorsey talks about hyperinflation, the world listens. And Twitter reacts. Since so-called developed economies are now feeling the pain that inflation brings, the concept is in everyone’s mind. Every human has a front-row seat to witness the consequences of the United State’s relentless money printing. And, since the Dollar is still the reserve currency of the world,  they’re all feeling it too. Related Reading | Bullish…
  • Elon Musk Plans To Become The World’s First Dogecoin Trillionaire
    NewsBTC - 1 day ago
    Tesla CEO Elon Musk says that he will become the world’s first Dogecoin trillionaire. According to a recent prediction by a Morgan Stanley analyst, the SpaceX founder is on his way to becoming the world’s first trillionaire with his relentless amassing of wealth. A Twitter account called UberFacts tweeted this prediction. Amusingly, the Tesla CEO replied to the tweet, stating that he would be a Dogecoin trillionaire. With that reply,…