The jump in the price of Bitcoin is due to the increased chances of Republican representative Donald Trump to win the presidential seat, Bernstein has concluded, The Block writes.

Experts have drawn attention to the high correlation between the first cryptocurrency and the former head of the White House's likelihood of defeating his Democratic rival Kamala Harris.

The TRON (TRX) project started as a token issued on Ethereum, after which it moved to its own blockchain. As part of the ICO in 2017, the TRON Foundation raised 15,200 bitcoins by selling 40 billion TRX at a price of 0.00000038 BTC.

From the very beginning, the project followed the popular narratives of the time, positioning itself as an “Ethereum killer” but based on its code base. It got to the point where Vitalik Buterin publicly accused TRON founder Justin Sun of plagiarism.

The Sui Foundation, the organization behind the SUI cryptocurrency, has denied that insiders, company employees, or Mysten Labs sold $400 million worth of the coins during the recent price surge.
“Not a single insider, neither the fund’s employees, nor Mysten Labs (including the founders), nor ML investors sold $400 million worth of tokens during this period, either individually or collectively. Insiders did not engage in any pre-emptive selling or violation of the lockup and circulating supply rules,” the statement reads.

Donald Trump-backed crypto project World Liberty Financial has raised $5 million in a token sale, 1.7% of its target.

Observers noted glitches on the project's website due to the influx of participants.

At the time of writing, ~$4 million worth of Ethereum, ~$1.2 million worth of USDT, and ~$0.25 million worth of USDC have been transferred to the World Liberty Financial wallet.

On October 15, Bitcoin rose above $67,000, momentarily reaching $67,950.

The total market capitalization grew by 2.7% to $2.446 trillion. The BTC dominance index is 54.6%, ETH - 13.2%.

Technical analyst Ali Martinez noted the formation of a new rising maximum on the chart, which indicates the end of the local downward trend.

Adobe has announced the launch of a number of AI-powered features, including tools for creating and editing video.

Generative Extend lets you add frames to the beginning or end of a video clip. Other tools let you create videos using prompts and existing images.

On the morning of October 14, the rate of the first cryptocurrency exceeded the $64,000 mark. The reason was the positive dynamics of Asian stock markets due to expectations of the expansion of stimulus measures by the Chinese authorities.

At the time of writing, Bitcoin is trading at $64,100, up 2.1% in the last 24 hours. Ethereum ($2,520) is up 2.6% in the past 24 hours.

In August 2024, the HTX cryptocurrency exchange launched the “Through Trials to Triumph” campaign dedicated to the 11th anniversary of the platform. During the festivities, it distributed prizes worth over 10 million USDT among 300,000 users. This was reported in a press release.

HTX Contests

US inflation exceeds expectations, HBO's Bitcoin creator Peter Todd denies claim, Crypto.com files lawsuit against SEC in response to Wells' notice, and other events of the past week.

Bitcoin Price Tests $63,000
The first cryptocurrency started the week with growth to $64,000, after which it went into correction and on Thursday, October 10, it failed the psychological threshold of $60,000. Having recovered, digital gold tested the $63,000 mark.

Former head of the Bahamas branch of the cryptocurrency exchange FTX Ryan Salame arrived at the federal prison in Cumberland (Maryland, USA) to serve his sentence, The Block reports.

The former top manager had previously joked that he was in for an “exciting week,” adding that he hadn’t “made friends at camp” in 20 years. Salameh expects his hacking skills to come in handy.

#IntroToCopytrading NACP head Viktor Pavlushchik in an interview with Glavkom noted the growing popularity of digital assets among Ukrainian officials and spoke about ways to track crypto assets.

"Every year, the amount of funds declared in cryptocurrencies increases. They are used by both the general population and government officials. If a few years ago no one knew about them, now it is the same type of savings as cash or funds in bank accounts. Cryptocurrencies are tracked through blockchain tools," he said.