Bitcoin has surged past $70,000, up 3% to $70,100, with BlackRock's iShares Bitcoin Trust being the most successful vehicle this year, amassing over $20 billion. Ethereum's price has also risen, while Dogecoin has seen a 13% increase to $0.16.
Magic Eden is releasing a trial token, TestME, as a precursor to its governance token, ME. The company is cautioning users against speculating on this one-off showcase, emphasizing it's purely for testing purposes.
Dogecoin has surged to become the best performing cryptocurrency in the top 100 coins, hitting a five-month high of nearly $0.16. Elon Musk's endorsement of Donald Trump and the potential creation of a Department of Governmental Efficiency (D.O.G.E.) appear to have contributed to Dogecoin's recent price increase.
Peter Todd, a Bitcoin Core developer, faced accusations of being Satoshi Nakamoto in an HBO documentary. Despite denying the claims, Todd has taken security measures and continues to attend Bitcoin events worldwide.
The meme coin Moo Deng, inspired by a viral baby pygmy hippopotamus, surged 200% in a day after Binance listed it for futures trading. Despite a previous 78% drop, it now sits only 30% below its all-time high price.
Improbable plans to launch its own blockchain, Somnia, capable of processing over 400,000 transactions per second. Leveraging expertise in gaming and distributed systems, the EVM-compatible blockchain aims for mass consumer applications like gaming and DeFi.
MemeFi developers have shifted the game's token launch to the Sui network, partnering with Mysten Labs for strategic initiatives. The MEMEFI token launch on Sui is set for November 12, with a snapshot on November 6 for airdrop distribution.
Metaplanet, a Japanese investment firm, is adopting MicroStrategy's BTC Yield metric to evaluate the impact of Bitcoin acquisitions on shareholder returns. The company aims to provide transparency by disclosing its BTC Yield with each Bitcoin purchase, showing a significant increase in total Bitcoin holdings.
Bitcoin's price has stabilized around $68,000 after a slight correction from its recent high of $68,850. Analysts are now focusing on upcoming inflation figures, jobs report, and the Federal Reserve's interest rate decision for potential market catalysts.
Over $20 million in stablecoins and Ethereum was transferred from a seized U.S. government wallet to a new address Thursday, with some funds moving to an exchange. The wallet held funds seized from the Bitfinex attack.
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