Bitcoin (BTC) has netted another adoption goal. Botev Plovdiv FC, Bulgaria’s oldest football club, has adopted Bitcoin and Lightning, as well as joining NOSTR, the decentralized protocol.

Plovdiv’s stadium accommodates 35,00 people. Source: Manolov

Effective immediately, fans can utilize Bitcoin for peer-to-peer payments at Botev Plovdiv FC’s fan shops and stands during matches at the top flight of the Bulgarian League, the Bulgarian Parva Liga. The club also has plans in the pipeline to extend Bitcoin payments for ticketing and its online store.

Anton Zingarevich, the president of the 111-year-old football club, expressed enthusiasm for the move, highlighting the potential of the…

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After months of stagnation and false starts, the crypto market is gaining momentum.

Renewed optimism over the likely approval of a spot US ETF fueled last week’s rally in both bitcoin (BTC) and ether (ETH), kick-starting market volatility once more.

“The markets are constantly fluctuating, influenced largely by the sentiments of investors,” Konstantin Shulga, CEO and co-founder of Finery Markets told Blockworks.

“In recent times, we have observed a squeeze in call options for options sellers, while future indicators are becoming less optimistic as the market adjusts to the sudden rise of bitcoin.”

October was a turbulent month, with bitcoin’s price witnessing a significant…

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The rising M2 money supply could propel crypto into another bull rally and help it outperform the traditional markets, according to Raoul Pal, co-founder and CEO of financial media platform Real Vision. Pal’s X post highlighted the correlation between the rising fiat market supply and the start of the crypto bull run.

Pal, in an X( formerly Twitter) post, shared a graph comparing Bitcoin’s (BTC) yearly performance against the global M2 money supply, indicating the simultaneous rise of Bitcoin and global M2 supply. Historically, the Bitcoin and cryptocurrency market has started outperforming the traditional financial market with a rise in global M2 supply.

Bitcoin vs Global M2 supply…. Read more on Cointelegraph

The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months. According to the president of Kenya, William Ruto, whose speech at the East Africa Device Assembly Kenya plant in Athi River was cited by local media on Oct.30:

“The digital ID, which has been a major problem to us for a very long time, is now on testing mode for the next two months. I have been assured by all the stakeholders and the ministries concerned that by December we will be able to launch digital IDs.”

Digital IDs will be introduced in the country along with Maisha Namba, a system of lifelong personal identification numbers…

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Bitcoin (BTC) has more wallet addresses in profit than ever before despite BTC price being 50% below all-time highs.

The latest data from on-chain analytics firm Glassnode shows a record number of addresses “in the black.”

$34,000 BTC price returns over 80% of Bitcoin addresses to profit

Bitcoin may be nearing 18-month highs, but its recent gains were already enough to spark significant changes in investor profitability.

Per Glassnode data, the number of addresses in profit as of Oct. 30 was 39.1 million.

This the highest number ever recorded for Bitcoin, and beats the previous peak of 38.1 million seen in November 2021.

At that time, BTC/USD itself traded at all-time highs, and thus 100%…

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Spanish Ministry of Economy and Digital Transformation reported that the first comprehensive European Union crypto framework, the Markets in Crypto Assets (MiCA) Act, will come into force on the national level in December 2025.

As follows from the release published by the Ministry on Oct. 26, the first vice president of Spain, Nadia Calvino, has met with the president of the European Securities and Market Authority (ESMA), Verena Ross, to discuss the government’s intention to advance the implementation of MiCA.

Cointelegraph: Europe’s AML regulations come at a high cost — for your privacy and otherwise

The general deadline for implementing MiCA for all 27 member-states of the EU is…

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Today marks 15 years since the pseudonymous creator of Bitcoin, Satoshi Nakamoto, shared the Bitcoin (BTC) white paper to a mailing list of cryptographers on Oct. 31, 2008 — a date also annually celebrated as Halloween.

“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi famously said in the opening sentence before linking the document titled: “Bitcoin: A Peer-to-Peer Electronic Cash System.”

Satoshi’s email notifying other cypherpunks about his release of the Bitcoin Whitepaper. Source: Satoshi Nakamoto Institute

The whitepaper proposed a decentralized system that could facilitate peer-to-peer transactions…

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There’s a slim chance the United States Securities and Exchange chief Gary Gensler could pull the plug on spot Bitcoin (BTC) exchange-traded funds in one “amazingly sadistic” move, according to Bloomberg ETF analysts. 

In an Oct. 31 tweet directed at senior Bloomberg ETF analysts James Seyffart and Eric Balchunas, ETF commentator Dave Nadig posed whether Gensler may be allowing for spot Bitcoin ETF applications to pile up just to deny them all at once in a “semi-comedic rug-pull.”

“I’m sure it will be much more boring than this — but sometimes it does feel like this is all a setup for a giant Gensler semi-comedic rug-pull,” said Nadig.

I’m sure it will be much more boring…

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Elon Musk’s social media platform, X (formerly Twitter), is worth less than half of what the tech billionaire bought it for in October last year, an internal memo has reportedly revealed.

According to an Oct. 30 report from Bloomberg, the internal memo and sources familiar with the matter said that restricted stock units recently paid to employees of the company were valued at $45 a share, which puts the company’s value at around $19 billion, less than half of the $44 billion that Musk paid for the company on Oct. 27, 2022.

Musk has made a series of controversial moves since taking over the platform, including rebranding it to X, changing many of its content rules and laying off…

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