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Satoshi Nakamoto’s Busy Few Months Building the Revolutionary ‘P2P Electronic Cash’ Network

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Satoshi Nakamoto’s Busy Few Months Building the Revolutionary ‘P2P Electronic Cash’ Network

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Bitcoin is, as Nakamoto described it, an electronic, peer-to-peer currency-like system. It could “become” a currency so long as people ascribe value to it, and that could happen for any number of reasons like wanting to collect interesting things or needing an alternative to using credit cards online, he had suggested. “Bitcoins have no dividend or potential future dividend, therefore not like a stock,” he wrote.” “More like a collectible or commodity.”

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First Mover Americas: Solana’s SOL Gains 50% in October

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First Mover Americas: Solana’s SOL Gains 50% in October

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The latest price moves in bitcoin [BTC] and crypto markets in context for Oct. 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.[/]

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Bitcoin's 'Triangular Consolidation' Is Bullish: Technical Analysis

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Bitcoin's 'Triangular Consolidation' Is Bullish: Technical Analysis

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Such consolidations generally end with an upward breakout, one observer said.[/]

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Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure

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Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure

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The rules introduce tough consumer-protection measures for crypto firms, and in principle kick in at the end of next year for companies seeking a new license. Companies already operating under national law, however, can carry on for a further 18 months, and regulators are anxious that an overlong implementation period would place customers of the bloc’s roughly 2,000 registered crypto companies at a disadvantage.

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Crypto Market Breadth Expands to Widest Since January Alongside Bitcoin (BTC) Rally

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Crypto Market Breadth Expands to Widest Since January Alongside Bitcoin (BTC) Rally

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“Crypto breadth is improving, so much so that there are few downtrends left. Uptrends (blue) are on the rise, and you never know, but this could be the one. Halving is just six months away, and the Fed will have to start printing money again soon,” Charlie Morris, founder and chairman of ByteTree, said in a research note sent on Monday.

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Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares

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Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares

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Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million.[/]

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Unibot Token Hurtles 25% as Telegram Bot Exploited for $630K

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Unibot Token Hurtles 25% as Telegram Bot Exploited for $630K

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Unibot confirmed on X that it had suffered a token approval exploit in its new order router.[/]

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Bitcoin Holds Steady Above $34K After Hawkish BOJ Decision

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Bitcoin Holds Steady Above $34K After Hawkish BOJ Decision

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The BOJ’s yield curve control program has been a major source of liquidity for financial markets since 2016. Early Tuesday, the bank tweak the curve control program in what appears to be a stealth hawkish move.[/]

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Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions

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Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions

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A set of filings from Sam Bankman-Fried’s defense team late Monday shows his attorneys still hope to clarify that English law governed FTX’s terms of service – which may have implications on the fraud charges.[/]

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Do Kwon’s Terraform Labs (UST) Seeks Early Court Rejection of U.S. SEC Case

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Do Kwon’s Terraform Labs (UST) Seeks Early Court Rejection of U.S. SEC Case

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“After two years of investigation, the completion of a discovery period that resulted in the taking of more than 20 depositions, and the exchange of over two million pages of documents and data, the SEC is evidentiarily no closer to proving that the defendants did anything wrong,” Terraform contended in its motion for summary judgment – a formal request to Judge Jed Rakoff of the U.S. District Court for the Southern District of New York that he decide the SEC hasn’t sufficiently demonstrated its case to justify a trial.

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