Bitcoin's new all-time high, Ethereum updates, and Detroit's crypto tax payments
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Michelle
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Bitcoin's new all-time high, Ethereum updates, and Detroit's crypto tax payments

E1 • Nov 7, 2024 • 31 mins

Michelle Tandler discusses Bitcoin's new all-time high and potential election impacts, Ethereum's Mekong testnet, and Pectra hard fork updates. She explores UBS's digital cash, blockchain payments with Lunu Pay, and crypto security issues. The episode also covers crypto tax developments in Detroit and Italy, global regulations, and market trends.

Key Points

  • Bitcoin surged to a new all-time high of $76,481, driven by optimism surrounding the U.S. presidential election results and potential Federal Reserve interest rate cuts.
  • Ethereum is preparing for its "Pectra" hard fork with the launch of the Mekong Testnet, aimed at enhancing staking workflows and improving the scalability of decentralized applications.
  • North Korean hackers, identified as the BlueNoroff group, are targeting cryptocurrency firms with a sophisticated malware campaign called "Hidden Risk," posing significant security threats to the industry.
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