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[ad_1] Bitcoin Amsterdam opened on Oct. 12, promising three days of “learning, teaching, and inspiring of the Bitcoin community.” “The team behind Bitcoin Magazine and Bitcoin 2022 are going global with our mission of hyperbitcoinization.” The list of speakers includes many prominent figures, including former Kraken Director of Growth Marketing Dan Held, Podcaster Peter McCormack,…

[ad_1] The biggest news in the cryptosphere for Oct. 12 includes Grayscale’s lawsuit against the SEC for not approving a U.S. spot Bitcoin ETF, CoinCenter’s lawsuit against the U.S. Treasury for overstepping its legal authority by banning Tornado Cash, and Arbitrium’s parent company Offchain Labs’ acquisition of leading Ethereum client Prysmatic Labs. CryptoSlate Top Stories…

[ad_1] A look at the Bitcoin transactions and accumulation among various groups using the Accumulation Trend Score (ATS) shows that this is the third most aggressive dumping by Bitcoin (BTC) whales in history. The accumulation trend score is a metric that gauges the behavior of various Wallet cohorts. It measures the relative strength of accumulation…

[ad_1] Leading crypto exchange-traded product (ETP) issuer 21Shares has listed the first physically backed-bitcoin ETP on Nasdaq Dubai for the Middle East market. 21Shares announced that its first spot Bitcoin ETP will be trading under the ticker ABTC on Nasdaq Dubai. Today, @21Shares proudly entered the Middle East with the launch of the first physically-backed…

[ad_1] The oldest bank in the United States, Bank of New York Mellon (BNY Mellon), has received approval to add digital assets custody to its services, The Wall Street Journal reported on Oct. 11. According to the report, the bank will offer this service to traditional fund managers already using its services for their back-office…

[ad_1] The U.S. Securities and Exchange Commission (SEC) has rejected the Wisdom Tree Bitcoin Trust ETF, as it has no valid measure to protect investors against market manipulation. The SEC in an Oct. 11 release noted that it had to reject the filing by BZX Exchange, as the bitcoin-ETF issuer does not have a significant…

[ad_1] The total cryptocurrency market cap saw net outflows totaling $20.53 billion. As of press time, the industry’s market cap stood at $920.62 billion, down 2.23% over the last 24 hours. Bitcoin’s market cap fell 1.60% over the reporting period to $366.19 billion from $372.049 billion. Meanwhile, Ethereum’s market cap was down 2.79% to $157.19…

[ad_1] The Bitcoin network has reached its all-time high in terms of hash rate, surpassing most projections. The network’s total hash rate currently stands at 240 EH/s and is expected to increase even further. The current hash rate represents a 3x increase from the network’s lows in July 2021 when a government ban triggered a…

[ad_1] On holding Bitcoin, Hedge Fund Manager Paul Tudor Jones said he has “still got a very minor allocation, I’ve always had a small allocation to it.” This is despite its highly correlated moves with the risk-on market, not to mention stagnant price action lately, with the past month seeing the BTC price ranging between…

[ad_1] CryptoSlate sat down with Dominic Frisby, the author of Bitcoin: The Future of Money?, to discuss gold, Bitcoin, and geopolitics. The topics were fitting, given our collective fixation with all things macro at present, especially inflation, and the mechanics that have led us to this point. But also because Frisby is a staunch proponent…