Category: AI

JudgeHamilton’srulingsmostlyfavortheplaintiffs,strengtheningtheirpositionintheRippleXRPlitigation. Ripple’sobjectionstoexperttestimoniesonXRPdependenceweredenied,asexperts’analysesaresetforjuryreview. State-levelXRPclassificationremainscomplex,withexpertsdebatingitssecuritystatusinstateandfederalcases. InthecurrentlegalbattleundertheCalifornialawsuitagainstRippleLabs,U.S.DistrictCourtJudgePhyllisJ.Hamiltonhasrecentlymadesomeordersregardingimportantmotions.ThisXRP-relatedcaseconcernssecuritieslawviolations,emphasizingtheirpossibleimpactonthedistributionoftheXRPtokenandthemarket. Keyrulingslargelyfavoredtheplaintiffs,allowingtheirexperttestimoniestoproceed.Consequently,theserulingsestablishapivotalbasisasthelawsuitadvancestowardapretrialconferencescheduledforDecember19,withjuryselectionsetforJanuary21,2025. Sothe#SECvsRipplecaseisentirelybasedonfederallawasappliedbyajudgeintheSouthernDistrictofNewYork.TheCaliforniacaseisbasedonCalifornialawforsecurities(statelawnotfederallaw)sotheTorresjudgmentisnotbinding. —FredRispoli(@freddyriz)October27,2024 Plaintiffs’ExpertsClearedtoTestify Hamilton’srulingsaddressmotionsundertheDaubertrule,astandardusedtoassesstheadmissibilityofexpertwitnesstestimonies.ThecourtdeniedRipple’smotiontoexcludeJeremyClark’stestimony,anexpertondigitalcurrencies. RipplearguedthatClarklackedspecificknowledgeaboutXRP;however,thecourtdisagreed,findinghisinsightsonXRPLedger’sstructureandRipple’sroleinitsdistributionvaluableforjuryreview.Ripple’sbidtoexcludeeconomistSaifedeanAmmous’testimonywasalsorejected,reinforcingtheplaintiff’sevidenceframework. ExclusionsofRippleandPlaintiffs’Experts Incontrast,thecourtruledinfavorofcertainexclusionsproposedbyeachside.RipplesuccessfullyarguedagainsttheinclusionofplaintiffexpertJoelSeligman’stestimony,whichexaminedRipple’smarketactivitiesconcerningXRPpricing.Thisexclusionnarrowsthescopeofexpertinputsconsideredbythejury. Thecourtalsograntedtheplaintiffs’motiontoexcludeRipple’sexpert,AlanSchwartz,whoseanalysisattemptedtominimizeRipple’sinfluenceoverXRP.Withtheserulings,JudgeHamiltonhasdelineatedthetestimonyscopeforbothparties,settingclearlimitsfortrialevidence. WhilethiscaseunfoldsinCaliforniaunderstatelaws,theRipplecaseagainsttheU.S.SecuritiesandExchangeCommission(SEC)operatesonafederallevel,creatingseparateimplications.LegalanalystFredRispolinotesthatXRP’sclassificationvariesbetweencases,withRipple’sCaliforniacaseconcerningstatelaws,whiletheSECcasereliesonfederalsecuritieslaw. Therecouldbe.I\'vebeensleepingonthiscivilcaseinCaliforniaandneedtoupdatemyselfonwhatishappening.Remembertheissuestillbeinglitigatediswhether$XRPisasecurityunderSTATELAW. —FredRispoli(@freddyriz)October27,2024 EarlierintheSECcase,afederaljudgedeterminedthatRipple’sdirectXRPsalestoinstitutionalbuyersviolatedfederalsecuritieslaw.However,retailsalesonsecondarymarketswerenotclassifiedassecurities.Consequently,thisdualityhighlightsthelegalcomplexitysurroundingXRP’sstatusatstateandfederallevels. UpcomingSettlementTalksandTrialPreparation Hamilton’srulingsprovideessentialguidanceforbothpartiestohavescheduledsettlementtalks.ThesediscussionsmayopenapathwaytowardresolutionbeforethepretrialconferenceinDecember.Thecourt’srulingsonexperttestimoniesplayacrucialrole,asconflictingexpertopinionsfromeconomistssuchasAmmousandFerrellonXRP’smarketdynamicsandRipple’sinfluencewillbeassessedduringthetrial. Accordingly,theserecentdecisionsshapethepathforwardasthecaseheadstocourt,wheretheplaintiffs’claimsofsecuritiesviolationsagainstRipplewillbefurtherscrutinized. cryptonewsland.com

TheGameFimarketispoisedforsignificantgrowth,projectedtoexpandatanannualrateof68%,asperthefindingsbyNansenanalysts. Infact,theblockchainanalyticsfirmpredictedthatthisrapidlyevolvingsectorisontracktoreach$301.5billionby2030. ExpansionofBlockchainGaming AccordingtothelatestblogpostbyNansen,role-playinggames(RPGs)“areparticularlywell-suitedtobenefit”intheGameFiecosystemprimarilybecausetheyleveragedecentralizedownershipofin-gameassets,likecharactersandrareitems,asNFTs. Thismodelallowsplayerstoownandtradetheseassets,addingreal-worldvaluetotheirin-gameachievementsandboostingengagement.RPGsalreadyleadWeb3gaming,representing22%ofthemarket. AAAandAAgamesarealsomakingheadwayinWeb3GameFi.Theycurrentlyaccountfor6%ofthesectorcomparedto4%inWeb2gamesonplatformslikeSteam.Withminimumfundingof$25millionandpublisherbacking,AAAgamesoffer“qualityandimmersion”thatanalystssuggestpreviouslyunseeninblockchaingaming.Explainingthistrend,Nansenanalystsstated, “Thisfurthercementstheideathatusersgravitatetowardshigh-productionvaluegames,implyingthatAAAtitlesinGameFiarefillinganexpectedmarketneed.” KeyMetricsforGameFiSuccess Thereportrevealedthattherearekeyperformanceindicatorssuchaslowgasfees,hightransactionspersecond(TPS),andstrongsecuritythatarevitalforthesustainabilityofGameFiprojects. Meanwhile,OpBNBstandsoutamongmajorchainswiththelowestmediangasfeeof$0.0001,idealforgaminguse.Roninfollowswith$0.00179,andPolygonPoSat$0.00293.ImmutableX,however,setsitselfapartbyofferingfreegasfeesonNFTmintingandtransfers. OpBNBrunsat97TPSonaverage,belowits10,000TPSlimit,whileRoninaverages20TPS,PolygonPoShandles33TPS,andImmutableXisat0.02TPS.CurrentlowTPSaveragessuggestscalabilityisn’tyetachallenge,buthighTPSwillbecomecrucialasgamingexpandsandAccountAbstraction(AA)adoptionaddscomplexitytogameenvironments. cryptopotato.com

WallStreetexecutivesareheadedtoSaudiArabia’sannualFutureInvestmentInitiative(FII)inRiyadh,luredbypromisesofinvestmentandSaudiArabia’s$1trillionPublicInvestmentFund(PIF). BignameslikeDavidSolomonfromGoldmanSachs,LarryFinkofBlackRock,andCitigroup’sJaneFraserareexpectedtobeattheevent,whichfillsRiyadh’sluxurioushotelsandshowcasesSaudi’sVision2030. Thisinitiativeplanstotransformthekingdom’seconomy,reducingitsrelianceonoilandbolsteringothersectors.TheFII,launchedin2017,putsSaudi’sinfluenceondisplay,despiterisingregionaltensions. Butthere’sadifferentatmospherethisyear.FinancialtighteninginSaudiandescalatingconflictsintheMiddleEast(withthreatstooilinfrastructure)aregivinginvestorspause. Asthekingdomfocusesmoreondomesticinvestment,executivesaccustomedtoSaudichecksarenowexpectedtoshowcommitmenttoitsfuture. “Saudihasclearlytoldthem,weknowyouwantourmoney,buthowareyouparticipatinginourfuture?”economistMariusVygantassaid.Manyaren’tpreparedtoanswer. HowtheGaza,Lebanonwarsaffectthesummit Lastyear’sconferencefollowedtheOctober7HamasattackonIsrael,whichledtoIsrael’sdeadlyretaliationagainstGazaandcomplicatedtheSaudi-U.S.-Israelties. ManyWesternexecutiveshadavoidedtheFIIafterthe2018killingofjournalistJamalKhashoggi,attributedbyU.S.intelligencetoCrownPrinceMohammedbinSalman(MbS). Sincethen,MbShassoughttomenditsinternationalreputation,withSaudicallingforceasefiresinGazaandLebanonamidrisingviolence,fearingthefalloutonitsownstability. Someexecutivesatlastyear’sFIIopenlybackedIsrael,whileJPMorganChase’sJamieDimonadvisedSaudinottoabandonaU.S.-ledpeaceinitiativewithIsrael.Saudiwantsregionalstability,whichitbelieveswillhelpattractforeigncapitalandexpertise. MbSevenjoinedtheEU’srecentsummitwithGulfstates,signalinghisinterestinbroadeningSaudi’salliancesashesteersVision2030forward.Thisyear,FIIwillfeaturea“NewAfricaSummit,”withindustryleadersfromminingandbanking. GulfstatesareeyeingcriticalmineralsinAfricaastheytrytodiversifyfromoil.Saudi’sPIFisheavilyinvolved,withprojectsrangingfromtheNEOMcityprojecttoluxurytourismsiteslikeRedSeaGlobal. Butwiththekingdomreviewingitsfinances,someprojectsmayfacedelaysorcutbacks,whilethegovernmentprioritizesthosecriticaltoVision2030.ThePIFislookingtoforeignfirmsforcommitmentsratherthansimplysigningchecks. ForeigninvestmentdrivesSaudi’sVision2030 Saudihassetanambitioustargetof$100billioninforeigndirectinvestment(FDI)by2030—nearly6%ofitsGDP.FDIisgrowing,butmid-waytotheVision2030mark,currentlevelssuggestSaudimightstruggletoreachitsgoal. ThePIF,centraltoVision2030,haspartneredgloballyforprojects,fromthefuturisticcityNEOMtotheentertainmentcityQiddiya,butwithoilpricesdown,revenuehasdipped.Inresponse,thegovernmenthasstartedreviewingprojectspending,scalingbackonsomeinitiativestostretchitsresourcesfurther. Pressureismountingoninternationalfirms,accustomedtoSaudibackingfortheirglobaldeals,tocommitfundstodomesticprojects.BlackRock,forexample,agreedtoestablishamulti-assetinvestmentplatforminRiyadh,securedwith$5billionfromthePIF. Lastyear’sFIIsawdealsworth$17.9billion,whileorganizersproject$28billioninnewagreementsforthisyear’sevent.AmongthepotentialdealsisamajorAI-focusedfund,whichcouldgrowto$40billionincollaborationwithAndreessenHorowitz. Anotherlikelyannouncementisa$10billioninvestmentinhydrogenproduction,partofSaudi’stransitiontolow-carbonenergy. Thecountryisalsoexpandingitsinternationalfinancialconnections.Twoexchange-tradedfundswilldebutonRiyadh’sstockexchange,allowinglocalinvestorstobuyintoHongKongstocksasthekingdomlookstostrengthenitstieswithChina. High-profileguestsfromAsia,includingHongKong’sFinancialSecretaryPaulChan,arescheduledtospeak,furtherreflectingSaudi’sgrowingfocusonAsiaamidtensionswiththeWest. Meanwhile,CopleyFundResearchreportsthatemergingmarketfundswithSaudiexposurehit56%butrecentlystalledasconflictsbetweenIsraelandIranintensified.SomefundsevenreducedSaudiholdingsbetweenMarchandSeptember,rankingthekingdomasamajorunderweightmarketafterTaiwanandIndia. LimitsofSaudi’sfinancialpowertestMbS’sambitions Saudi,despiteitsoilwealth,faceseconomicconstraintsthatareforcingMbStorethinkspending.Thegovernmentpredictsbudgetdeficitsuntilatleast2027andhasdelayedcertainVision2030projects. Still,about7,000peoplehaveregisteredforthisyear’sevent—ahighernumberthanlastyear,whichwasheldsoonafterthelatestregionalconflictbegan.RichardAttias,CEOoftheFIIInstitute,remainsoptimistic.“Investorsarecomingdespitewhat’shappening,”hesaid.“Theshowmustgoon.” cryptopolitan.com

MichaelSaylor’sMicroStrategyisbackinthenews,withitsstocktradingata25-yearhigh.TradingView’srecentdatashowsthatMicroStrategy(MSTR)hit$235.89inThursday’ssession.Thestock’spriceincreasedbymorethan7%onOctober25th.MicroStrategy’spriceactionlastThursdaycontinuedits6-weekrallyandcameaheadofitsscheduledQ3earningsreport. Thisweek’sstockperformancereflectedthecompany’sconsistentgrowthoverthepastfewyears.MicroStrategyhasoutperformedmostofitspeersintheS&P500indexandevenoutpacedMicrosoft’sgrowthsince1999.Accordingtoobservers,MicroStrategyisbullish,withmarketanalystslisting$245asthestock’snexttarget. MicroStrategyContinuesItsBitcoinFocus MicroStrategy,aVirginia-basedBitcoindevelopmentcompany,iscurrentlytheworld’slargestcorporateholderofBitcoin,with252,222BTC.WithBitcoin’scurrentpriceof$67,392,thecompanyholdsmorethan$17billioninassets. MicroStrategyStockHitsNewHighs MicroStrategy’sstock(MSTR)hassoaredover7%toa25-yearhighof$236,withacurrentmarketcapof$47billion,overtakingMicrosoftinall-timestockgains. SinceadoptingBitcoinasatreasuryassetin2020,MicroStrategy’sstockisup…pic.twitter.com/cyXS0KODCD —TheWolfOfAllStreets(@scottmelker)October25,2024 Initially,thecompanydevelopedsoftwaretoanalyzeexternalandinternaldatatohelpdecision-making,withIBMCognos,OracleCorporation’sBIPlatform,andSAPAGBusinessobjectsasitsprimarycompetitors.However,inAugust2020,thecompanychangeditsbusinessmodeltofocusonBitcoin.Thecompanyhasraised$4.25billionfromitsequityofferings,thefoundationforgrowingitsBitcoinholdings. MicroStrategy’sBitcoinPlanHasItsCosts,Too AspartofitsBitcoinplan,itaimstobuyBTCateveryopportunity.Forthemostpart,Saylor’sstrategywasahit.However,thebusinessplantofocusonBitcoincameatacost,andSaylorearnedafewdetractorsandcriticsalongtheway. Forexample,thecompanyhasexpandeditsconvertiblenoteofferingtoraisefundstobuymoreBitcoin.However,thebulkofthesenotesdonotmatureuntil2032.SomemarketobserversalsosaythatMicroStrategyisinadifficultsituation,especiallyduringmarketdownturns.SincethecompanyreliesonBitcoin,thecompany’sfutureisdependentoncrypto’sextremevolatility.Althoughmostcriticismsarevalid,MichaelSaylorremainsdefiantandhassincedoubleditsBTCinvestments. Hey@SatyaNadella,ifyouwanttomakethenexttrilliondollarsfor$MSFTshareholders,callme.pic.twitter.com/NPnVvL7Wmj —MichaelSaylor⚡️(@saylor)October25,2024 NextTargetForMicroStrategyIs$245 MarketobserversarenowbullishonSaylor’scompany.AccordingtoMarkPalmer,thecompany’sstockhasboasteda17.8%yieldsincestartingitsBitcoinstrategy.Palmerandtheotheranalystsnowtarget$245toaddressthissuddensurgeandbullishsentiment.Palmeraddsthatthecompany’ssharepricehasincreasedby1,600%inthelastfouryears,andmoregainsarepossible. ItalsohelpsthatMichaelSaylorhasremainedsteadfastinhisvisionandpassionforBitcoin.InarecentTwitter/Xpost,MicroStrategy’sexecutivechairmanhintedatthecompany’snextmoveandmadeapitchtoMicrosoft’sSatyaNadella. FeaturedimagefromDall.E,chartfromTradingView newsbtc.com

XRPon-chainactivityhassurged,withactiveaddressesreachingasix-monthhighof12,230. Newwalletcreationsincreasedby10.39%,whileoveralltransactionvolumesdeclined. Despitethisuptick,XRP’spricerecentlyfellbelow$0.50duetobroadermarketconcerns. ActivityontheXRPblockchainisexperiencingaremarkableresurgence.RecentdatafromCryptoQuanthighlightsasignificantuptickinon-chainactivityforXRP,withthenumberofactivesendingaddressesreachingasix-monthpeak. Thisrenewedmomentumhasseen12,230activeaddressesengagedindailyactivity,indicatingaresurgenceinmarketinterestinXRP. WhatHeightenedOn-ChainActivityMeansforXRP CryptoQuantanalystMaartunnpointedoutthatthisuptickstronglyindicatesshiftingsentimentinfavorofXRPandpotentiallythebroadercryptomarket.Increasingactiveaddressesoftenreflectsheightenedinterestandassetmovementonablockchain,suggestingariseinXRP’srelevanceandutility. Maartunnconcludedbynotingthatwhetherthismomentumwillpersistremainstobeseen,buttherecentactivityisanencouragingsignforXRPholders. XRPPricePerformanceLagsBehind Notably,thisspikeinXRPon-chainactivitycomesatatimewhenXRPistradingaround$0.51.OnFriday,XRPfellbelow$0.50forthefirsttimesinceAugust. ThedeclineinXRP’spricemirroredabroadermarketdownturnonFridayeveningfollowingaWallStreetJournalreportthatTether(USDT)wasunderinvestigationformoneylaundering. Thisnewsnegativelyimpactedtheentirecryptomarket,causingXRPtodroptoatwo-monthlowof$0.4935.However,afterTether’sCEOdeniedthereportandassertedthattherewasnoongoinginvestigation,XRPreboundedtoaround$0.5150. XRPLedgerShowsMixedResults Meanwhile,arecentlydisclosedanalysisofXRPLedger’son-chainactivitybyCryptoQuantrevealsthatbetweenSeptember15andOctober15,newwalletcreationsincreasedby10.39%,adding18,321accounts. However,totaltransactionsfellby17.57%,processing18.82million,andpaymenttransactionsdroppedsignificantlyby26.16%to6.81million.Thissuggeststhatwhilemorewalletsarecreated,usersmakefewertransactionsoverall. Onapositivenote,automatedmarketmaker(AMM)liquidityprovisiongrewsignificantly.AMMdepositactivityroseby62.35%,andAMMcreationsurgedby143.10%.ThetotalvalueintheseAMMpoolsreached27millionXRP,withapproximately14millionXRPcurrentlylockedacrossover3,000activepools. Disclaimer:Theinformationpresentedinthisarticleisforinformationalandeducationalpurposesonly.Thearticledoesnotconstitutefinancialadviceoradviceofanykind.CoinEditionisnotresponsibleforanylossesincurredasaresultoftheutilizationofcontent,products,orservicesmentioned.Readersareadvisedtoexercisecautionbeforetakinganyactionrelatedtothecompany. coinedition.com

ThecryptocurrencymarketshowcasedabullishoutlookduringSunday’slow-volatilitysession.Followinga1%surgeinBitcoinprice,manymajoraltcoins,includingDogecoin,experiencedarenewedrecoveryinthefinalweekofOctober.Amidtherecentpricejump,acryptoanalysthighlightsakeyresistancebreakoutforDOGEtodriveahigh-momentumrally.

ThecryptoandNFTgamingspaceisbusierthaneverlately,whatwithprominentgamesstartingtorelease,tokenairdropspilingup,andaseeminglyconstantarrayofotherthingshappeningatalltimes.It’salottotakein! Luckily,Decrypt’sGGisalloverit.Andifyouneedaquickwaytogetcaughtuponthelatestmovesaroundcryptovideogames,we’rehappytopresentThisWeekinCryptoGames. Ourweekendroundupservesupthebiggestnewsfromthepastweek,alongwithafewothertidbitsyoumighthavemissed.Wealsoshowcaseafewofouroriginalstoriesfromtheweek. Biggestnews UbisoftlaunchesNFTgame:Ubisoft,thegaminggiantbehindclassicfranchiseslikeAssassin’sCreedandJustDance,launcheditsfirstoriginalNFTgamecalledChampionsTactics:GrimoriaChroniclesonWednesday. BuiltaroundoptionalNFTsmintedonblockchaingamingnetworkOasys,ChampionsTacticsisafree-to-playPCgameavailablethroughtheUbisoftConnectplatform.Thetacticalstrategygamechallengesplayerstoselectteamsoffantasy-themeddigitalfiguresandthenenterbattleagainstotheronlineopponentsinturn-basedcombat. Thegaminggianthasbeenplayingintheblockchainspaceforanumberofyearsnow,releasingsmallexperimentalprojectswhilesupportinganumberofblockchainecosystemsandWeb3startups.ButChampionsTactics:GrimoriaChroniclesisthepublisher’sfirstoriginal,full-fledgedNFTgame. ‘XEmpire’airdrop:Telegramtap-to-earngameXEmpirecompleteditstokenlaunchonTheOpenNetwork(TON)andsubsequentairdroponThursday.TheElonMusk-themedgameallocated70%ofitstokensupplytothosewhoplayeditsoriginalcycle,withanadditional5%forthosewhotappedalongduringits15-day\"ChillPhase.\" Onlyabout6millionplayersoutofatotalof50millionreceivedashareoftheairdrop,andsomeevenmoanedtoElonMuskaboutit,despitenoactualconnectiontothegame.Hedidn\'tappeartorespondtoanyone. WhenthetokenlaunchedonThursday,thatdisappointmentwascompoundedasthetokentradedforsignificantlylessthanpre-markettradinghadpredicted.AtitslowestXtradedfor$0.000052andatitsbest$0.00013,whilepre-markettraderspredictedanaveragepriceof$0.0002.Justanotherexampleofwhypre-markettradingcanbeespeciallyrisky. NextupforTelegramtap-to-earnplayersistheTomarkettokenlaunchandairdrop,setforthisThursday,October31.Staytunedformorecoverageofthatimpendinglaunchinthecomingdays. Andafterthat,thenextbigonelookstobeMemeFi,whichannouncedlatelastweekthatitwilllaunchviatheSuinetworkratherthanEthereumlayer-2networkLinea.TheMemeFitokenlaunchisnowsetforNovember12. MetalCoreonSolana:MechshooterMetalCoreoriginallylaunchedonEthereumscalingnetworkImmutablezkEVM,butonThursday,thedeveloperannouncedthatitwillsoonswitchtoSolana.Thisissettohappenalongsidethelaunchofthegame’ssecondseasonsometimeinNovember. Studio369,thedeveloperofMetalCore,namedSolana’s“exceptional”abilitytoprocessalargenumberoftransactionsandgrowingecosystemastowhyit’smakingthemove.WhenDecryptaskedabouttheteam’sexperienceontheEthereumscalingnetwork,Studio369declinedtocomment. ICYMI TelegramcryptogameTomarketrevealedairdropdetailsasitsurpassed40millionplayers. ApeChain,anewEthereumlayer-2network,waslaunchedbyApeCoinDAOlastweekend—withanew‘TopTrader’gameandimprovementstometaverseOtherside. ThemakersofSparkballraised$2millioninfundingaheadofthe\"Sparkball2.0\"launch. There’snowapredictionmarketforwatchingvideogamestreamers. PeepleStreamSchedule👀 Betonstreamgameplay.https://t.co/U84RbtcsMX Eachstreamwillfeaturemultiplebets,givingyouachancetohaveskininthegame. Don\'tforgettoaddthescheduletoyourcalendaronoursite!pic.twitter.com/JVvErr7Cm8 —Peeple.live(@peeple_official)October21,2024 CryptoshooterShrapnelannouncedafestiveupdatesetforNovember. Bitcointhird-personshooterFarcanastarteditsclosedplaytestonFriday,settorununtiltheendofthemonth. SpaceNationannouncedthatRolandEmmerich,thedirectorofIndependenceDayand2012,hasstarteddevelopmentonalive-actionTVseriesusingthesci-fiIP. GGspotlight Hereareafewofouroriginalstoriesfromthispastweekthatwethinkarewellworthaweekendread: EditedbyAndrewHayward…

Bitcoin’spricehasbeenonasteadyupwardtrendsincemid-September,risingfrom$53,000to$67,000.Thisimpressivegrowthhasstalledtheanticipatedaltcoinseason,drawinginvestorattentionandcapitaltowardBitcoininsteadofsmallerassets. AsBitcoininchesclosertoforminganewall-timehigh(ATH),altcoinsmayremainsidelinedforawhilelonger. BitcoinIsDominatingtheMarket Bitcoin’sdominanceoverthecryptomarketcontinuestogrow,surpassing59%inOctober,anincreaseof3.45%throughoutthemonth.ThisriseisprimarilyduetoBitcoin’spriceappreciation,makingitanattractiveinvestmentoption,especiallyforinstitutionalplayers. Inaweekendbrief,QCPhighlightedpositiveETFinflowsoverthelastthreeweeks,whicharesignalinghighinstitutionaldemand. “Bitcoindominancecontinuestorise,reachinghighsof59.75%fortheweek…WebelievethattheuptrendinbitcoindominanceislikelytopersistintheneartermasbitcoinapproachesitsATHlevels,”QCPnoted. IfBitcoinreachesitsall-timehighof$73,078,itsmarketdominancecouldsurgeto60%,potentiallydelayingthealtcoinseason.ThisriseinBitcoin’spriceanddominanceindicatesachangeinmarketsentiment,withinvestorsleaningtowardsBTC’srelativestability.IfBitcoinmaintainsthisupwardmomentum,altcoinsmaystayinthebackground,waitingforashiftincapitalflows. Readmore:WhichAretheBestAltcoinsToInvestinOctober2024? BitcoinDominance.Source:TradingView Currently,analtcoinseasonappearsdistantduetolimitedgrowthacrossaltcoinassets.Foranaltcoinseasontobeconfirmed,atleast38altcoinsneedtooutperformBitcoinovera90-dayperiod;however,onlysevenhavedonesorecently. Thisminimalgrowthsuggeststhataltcoinslackthemomentumneededforabreakout,asBitcoin’supwardtrendcontinuestoattractthemajorityofmarketactivity.Withoutasignificantshiftinmomentum,altcoinsmaycontinuestrugglingtogaininvestorinterest. AltcoinsPerformance.Source:BlockchainCenter BTCPricePrediction:FocusingontheATH Bitcoin’spricecurrentlysitsat$67,439,inchingclosertothecritical$70,000mark.Just8%awayfromitsATHof$73,078,BTChasthepotentialtobreaknewrecordsifcurrentmarkettrendshold. SpotBitcoinETFshaveseeninflowsofnearly$998millioninthepastweek.IfthislevelofinvestmentsustainsinNovember,Bitcoincouldpushthrough$70,000,likelyachievinganewATHanddelayingthealtcoinseasonfurther. Readmore:11CryptosToAddToYourPortfolioBeforeAltcoinSeason BitcoinPriceAnalysis.Source:TradingView However,ifBitcoininvestorsstarttakingprofitsaround$70,000,thepricecoulddip,potentiallypullingBTCdownto$65,000.ThiscorrectionwoulddampenbullishhopesforanATHandmightopenabriefwindowforaltcoingains. beincrypto.com

Thecryptocurrencymarketisexpectingalotofeconomicdatatobereleasedinthenewweek,andperhapsthemostimportantoftheseistheUSNonfarmPayrollsdatatobereleasedonFriday. Lastweekwasaneventfuloneforthecryptocurrencymarket,anditlookslikethenewweekwillbenoless.Inthenewweek,therewillbelargeamountsoftokenunlocksinmanyaltcoins,especiallyundertheleadershipofCelestia. HereistheweeklytokenunlockcalendarthatwehavepreparedspeciallyforyouasBitcoinsistemi.com. (AlltimesarestatedasUTC+3Türkiyetime) ArtificialSuperintelligenceAlliance(FET) MarketValue:$3.19billion AmountofTokensUnlocked:$4.23million(0.13%ofmarketcap) Date:October28,2024,03:00 World(WLD) MarketValue:$1.17billion AmountofTokensUnlocked:$6.92million(0.59%ofmarketcap) Date:October28,2024,03:00 Clearpool(CPOOL) MarketValue:$134.82million AmountofTokensUnlocked:$1.32million(0.98%ofmarketcap) Date:October28,2024,03:00 MaverickProtocol(MAV) MarketValue:$66.59million AmountofTokensUnlocked:$2.70million(4.05%ofmarketcap) Date:October28,2024,03:00 Radworks(RAD) MarketValue:$64.46million AmountofTokensUnlocked:$1.95million(3.03%ofmarketcap) Date:October28,2024,03:00 Sei(SEI) MarketValue:$1.43billion AmountofTokensUnlocked:$1.99million(0.14%ofmarketcap) Date:October28,2024,18:00 OpenCampus(EDU) MarketValue:$162.12million…

ArecentphishingattacktargetingaSolanauserhasresultedinsignificantlosses.AsperScamSniffer,aWeb3anti-scamplatform,theSoalnauserreportedlylostnearly$40,000in$BONKand$SOLtokenswiththeincidenttakingplaceonthe24thofOctober.Theanti-scamplatformtooktosocialmediatodiscusstheimpactofthephishingattack. ⚠️4daysago,avictimlostaround$40,000in$SOLand$Bonkaftersigningaphishingsignature.💸https://t.co/zfEXvOKQoBpic.twitter.com/AvDAW8O7o2 —ScamSniffer|Web3Anti-Scam(@realScamSniffer)October26,2024 RecentPhishingAttackonSolanaUserLetstheAttackerDraintheWallet InitslatestXpost,ScamSnifferpointedoutthattheSolanaphishingattackdenotesvulnerabilitiesinsigningblockchaintransfers.Thevictimexperiencedthephishingattackwhileendeavoringtosignaseeminglystandardrequestforsignature.Nonetheless,thisinnocuousinteractionmaliciouslygavecontroltotheattackerwhodrainedthewallet.Hence,thisattemptresultedinacompromiseonthe$SOLholdingsandtokenaccountsofthevictim. InSolana,someonecangetunapprovedcontroloveravictim’sassetsifthevictimsignsthetransactionorgrantsaccess.Thismakesitcriticalforconsumerstocomprehendtherisksthatthesignaturerequestspose.Solana’sexclusivecharacteristicsincludeaswiftblockspeed,contributingtothenetworkefficiency,nevertheless,itcanposesomerisks.ScamSnifferassertedthattherespectivespeeddifferencedevelopsabreakbetweentheon-chainstateandthewalletsimulationstate. ScamSnifferEncouragesSolanaUserstoScrutinizeAccessRequestsandDouble-CheckTransactions Therespectiveattackvectordoesnotappearnew.Formerly,someothersuchcaseshavealsobeenreported.Thesescamsexploitedthesimulationandon-chaindifferences.AccordingtoScamSniffer,Solanausersneedtostayawayfromsigningrequestscomingfromsuspiciousorunfamiliarsources.Additionally,theyneedtodouble-checktransactionsbeforeauthorizingastrangeaccessrequest.Moreover,Solanaencouragesuserstoscrutinizeapplicationsandsitesthatrequestaccess,becausephishingscamsmostlyoriginatefromcompromisedorfakewebsites. blockchainreporter.net