Bitcoin briefly surpassed the $60,000 mark for the first time since April 2021. Bitcoin prices were boosted by reports that a bitcoin futures ETF could begin trading in the United States as early as next week.
Bitcoin prices have been slowly rising since the beginning of the month, according to data from Cointelegraph Markets Pro. The price hovered around $42,000 from September 20 to October 1 before the price started to move upwards. At 5 a.m. (UTC), the Bitstamp exchange broke the $60,000 mark for the first time, and Bitcoin is now only 7% away from recapturing its April 14 all-time high of $64,804. The price has since retreated slightly, with Bitcoin trading around $59,500 at the time of writing.
Bloomberg reported earlier today that people familiar with the matter have sent positive signals that the SEC may approve several bitcoin futures ETFs to begin trading next week.
Rumors of imminent approval have led to a price increase of about $7,000 in the past seven days, equivalent to a 13% jump from $53,000 to $60,000. The biggest gains were in the past two days, during which time Bitcoin rose from about $54,000 to its current high of $60,000
Pump.fun is reintroducing its live-streaming feature after a five-month suspension due to harmful content incidents, with new moderation safeguards in place. The platform is rolling it out to 5% of users initially to test these improvements, aiming to balance creativity with safety.
AnaisHong Kong's Securities and Futures Commission (SFC) has approved licensed crypto platforms to offer staking services, with strict regulations for security and transparency. This move is part of Hong Kong's broader strategy to strengthen its position as a global crypto hub while ensuring investor protection.
WeatherlyCZ, Binance co-founder and former CEO, is now strategic advisor to Pakistan’s crypto council. Following his blockchain efforts in Kyrgyzstan, he’ll guide Pakistan on regulation, infrastructure, education, and crypto adoption. Could this mark a turning point in Pakistan’s fintech journey?
CatherineDeepSeek's AI model R1 was found to give dangerous instructions like how to make malware and Molotov cocktails. Experts say the company focused too much on political censorship and not enough on real safety, raising global security concerns.
AnaisA lawsuit against the US Department of Homeland Security is reigniting questions about Satoshi Nakamoto’s identity and Bitcoin's origins. As pressure mounts to unmask Satoshi, the debate intensifies: should the public's right to know outweigh Bitcoin's ethos of anonymity?
KikyoZKasino’s exploit wallet suffered a $27 million loss in Ether after a leveraged position was liquidated, leaving investors still empty-handed nearly a year later. This turn of events raises questions about karmic justice in the crypto space.
CatherineICHILLIN is competing in "A-IDOL," a new K-pop survival show where an AI called LODIA-I judges talent and provides feedback on performance. The show, blending real and virtual elements, has generated global excitement, with AI playing a key role in the creative process.
WeatherlyThe scammers employed a recurring strategy, initially targeting victims by posing as investment managers, only to later reappear as Europol agents promising to recover the stolen funds—for a fee.
KikyoKazakhstan is facing a rise in unregulated cryptocurrency trading, leading to calls for stronger oversight. Azat Peruaşev has proposed creating a national "crypto bank" to regulate digital assets and protect investors from scams and illegal activities.
AnaisThe music industry is increasingly concerned about the unauthorised use of its content to train generative AI models like Suno, Udio, and Mubert, raising issues of intellectual property rights and potential exploitation without consent or compensation.
Catherine