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📈 AI predicts Bitcoin price will reach $112,000 by November 30
Bitcoin price could rise to $112,718, supported by technical indicators, despite analysts warning of possible correction.

$BTC

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💸 HBO Reveals the Real Creator of Bitcoin

On the night of October 8-9, HBO aired the movie “Money Electric: The Bitcoin Mystery”. The filmmakers revealed the identity of the developer behind the pseudonym Satoshi Nakamoto, the creator of Bitcoin.

The identity of Satoshi Nakamoto has been one of the greatest mysteries in the cryptocurrency industry. The list of suspected candidates included Nick Szabo, Hal Finney, Dorian Nakamoto, and Craig Wright. From time to time, new figures such as Elon Musk were added to the group.

According to the authors of the film, the person behind the pseudonym Satoshi Nakamoto is Peter Todd - a Canadian developer who has been actively involved in the development of Bitcoin since 2010.

Peter has contributed significantly to the technical improvements of the network. He developed key proposals, such as Bitcoin Improvement Proposal 125 (BIP 125), and introduced the concept of fee-based substitution, which helped speed up the processing of cryptocurrency transactions.

However, the cryptocurrency community criticized the HBO version. For example, the BitMEX team notes that the filmmakers provide no concrete evidence linking Todd to the creation of Bitcoin. Even Peter himself denies being Satoshi.

Dogs burns over 4 million coins

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NOT and Dogs Joint Announcement

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Oldest Bitcoin Whale Moves Over $72 Million: Details

$BTC
A Bitcoin whale from 2009 sent $3.58 million worth of Bitcoin to Kraken, according to a report from Arkham Intelligence.

The whale has a wallet containing over $72.5 million worth of Bitcoin (2,049.95 BTC), which was mined a month after Bitcoin was launched in March 2009.

There was a previous move on September 24 when this whale moved 5 BTC to Kraken.

Bitcoin Rebound:
Bitcoin rose 3% on Friday, surpassing $62,000 after the U.S. jobs report beat expectations.

The U.S. economy added 254,000 jobs in September, supporting economic optimism and helping Bitcoin’s price rally.

The coin had previously fallen 6% during the week, to around $60,000, but gradually recovered after the publication of the positive jobs report.

Cardano Founder Explains Why Cardano Is “Number 1” Project?
$DOGS
Cardano founder Charles Hoskinson recently made it clear via social media that he believes Cardano’s blockchain, being based on proof-of-stake, is still “number 1.”

Hoskinson explained that Cardano has a significant advantage in decentralized governance over other blockchain projects.

In addition, he warned and informed about upcoming updates to the Cardano map that will further differentiate the Cardano network from its competitors.

The latest post comes after Hoskinson highlighted some of the upgrades to Cardano earlier this week.

These updates include Ouroboros, Cardano’s consensus mechanism, a self-healing network pool, native asset standards, Hydra, Mithril, and other developments and updates.

Earlier, Cardano successfully launched the Chang upgrade, which began implementing decentralized governance.

However, despite some of its technical achievements, the price of the ADA cryptocurrency struggled to stay in the top ten on CoinGecko, and was later ceded to some other projects.

ADA currently ranks 12th with a value of around $12.5 billion.

Warning about fraudulent crypto platform that stole over $30 million
$DOGS
The FBI has issued a warning about the fraudulent cryptocurrency platform Ichcoin, which has targeted investors across the United States and stolen an estimated $30 million since December 2023, according to a report from ABC13.

The FBI described Ichcoin as a fraudulent scheme that lures victims through fake accounts on social media such as Instagram and Facebook.

After being lured, victims are directed to WhatsApp to communicate further, where they are persuaded to make bank transfers to the platform under the pretext of investing and achieving significant returns and are urged to lie to banks about the nature of these transactions.

Victims can track their returns via the Ichcoin app, but when they try to withdraw funds, they are completely ignored and lose access to their funds.

Many victims have lost their entire savings as a result of this fraudulent operation.

According to a report from Chainalysis, cryptocurrency thefts have seen a significant increase in 2024, with the amount of stolen funds nearly doubling from $857 million to $1.58 billion by the end of July. Ransomware attacks have also increased, with $459.8 million targeted in the first half of 2024 compared to $449.1 million during the same period in 2023.

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✅ Ripple’s Biggest Fall at SEC’s Hands

✅ XRP has seen a more than 14% drop in the past 24 hours after the US Securities and Exchange Commission (SEC) announced on Wednesday that it will appeal a court ruling that limits its ability to regulate cryptocurrency markets. The SEC will ask the US Court of Appeals for the Second Circuit to review a July 2023 decision that stated that XRP sold by Ripple Labs on public exchanges does not fall within the legal definition of a security.

$XRP

⛏The US Securities and Exchange Commission#SECfiled a notice of appeal in the Ripple lawsuit on October 2, seeking to overturn Judge Analisa Torres' previous ruling; she believes the ruling was not in her favor and is making the same demands as before
✍️ A new chapter in litigation and advocacy awaits#xrpand there will undoubtedly be impacts on the currency's price.

$XRP

Binance Uncovers $47.6 Million Scam in Collaboration with Indian Authorities

Binance, the world’s largest cryptocurrency exchange, has announced that it has assisted Indian authorities in uncovering a scam involving an online gaming app that defrauded users of over $47.6 million. Binance’s Financial Intelligence Unit (FIU) provided critical support to India’s Financial Crimes Directorate (ED), enabling them to trace the funds stolen via the “Fiewin” app, which promoted alleged financial gains from mini-games, preventing users from withdrawing their funds, and transferring them across multiple cryptocurrency wallets. The investigation began after receiving complaints from victims, and revealed that the project was linked to a complex cross-border criminal network. With Binance’s support, authorities were able to trace the movement of funds and uncover the criminal network. The investigation resulted in the arrest of four individuals who were running the operation using encrypted messaging apps. The investigation is ongoing, with authorities continuing their efforts to uncover all the details of the criminal network and Fiewin’s schemes.

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TRB#
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