Key Takeaways Bitcoin slipped to about $80,698 on Oct. 24, below its 50-day average near $81,784. Coinglass-tracked liquidations hit $495.74M in 24 hours, with $318M coming from long …
Jason Scott
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Bitcoin
Whale That Bought 100,000 ETH for $0.31 Each Just Sent $2.4M to Kraken
by Jason Scottby Jason ScottKey Takeaways An Ethereum ICO wallet sent 1,000 ETH to Kraken on Oct. 23, coins that cost $310 in 2014. Blockscout data shows the wallet still holds about …
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Bitcoin
UAE-Led Coalition Exposes $39 Billion in Crypto Fraud, 960 Arrested – Bitcoin News
by Jason Scottby Jason ScottKey Takeaways A UAE-led coalition of 30 nations thwarted over 123 million digital fraud attempts in a 3-month sting. The crackdown led to over 960 arrests, the closure …
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Bitcoin
Grayscale Warns Crypto Token Inflation Can Wipe Out Holder Rewards
by Jason Scottby Jason ScottKey Takeaways Trading and lending earnings provide a foundation for crypto app valuations. New token supply can offset buybacks and staking rewards. Grayscale measures both protocol earnings and …
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Bitcoin
Hacker Prints $2.7M in Crypto as Initia Blockchain Grinds to a Halt
by Jason Scottby Jason ScottKey Takeaways Initia halted its L1 blockchain and connected rollups Friday after an exploit enabled a projected $2.7 million in unauthorized token minting. Co-founder Ezaan Mangalji linked the …
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Bitcoin
‘CLARITY Is About as Good as You Can Get’—Byron Donalds Talks Bitcoin, Prediction Markets and Florida
by Jason Scottby Jason ScottKey Takeaways Donalds outlined a Florida bitcoin reserve in his Oct. 17 interview, alongside fractional asset ownership. At odds near 80%, Donalds said Polymarket offers daily trends, while …
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Bitcoin
Argentine Court Clears President Milei of All Charges in Libra Crypto Case
by Jason Scottby Jason ScottKey Takeaways A court acquitted Argentine President Javier Milei of all fraud charges over the Libra meme coin collapse. Judges found no proof of a scam, ruling Milei’s …
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Bitcoin
SEC Targets Tokenization, AI and Quantum Computing in 2027 Examination Priorities
by Jason Scottby Jason ScottKey Takeaways The SEC named tokenized securities as an examination priority, focusing on clearing agencies and market infrastructure resilience. Regulators will scrutinize AI-powered trading, investment advice, cybersecurity threats, …
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Bitcoin
HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users
by Jason Scottby Jason ScottKey Takeaways HSBC launched RedCoin (RCHKD), a regulated Hong Kong dollar-backed stablecoin, through its PayMe platform, reaching 3.3 million users and over 100,000 merchants. RedCoin enables instant payments …
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Bitcoin
New York Seeks $1.37B From Novatech Founders in Crypto Fraud Case
by Jason Scottby Jason ScottKey Takeaways New York seeks $1.37B from NovaTech founders after a default judgment in the crypto fraud case. Investors sent $1.16B, but only $25.99M reached the trading platform, …
