Cryptocoins News / The Cointelegraph - 1 month ago
Traders say Bitcoin has room to rally higher, but the upside may be capped at BTC’s active supply cost basis near $78,000.Market analysts said Bitcoin’s (BTC) latest rally to $76,000 was a “clear momentum shift,” confirming a short-term uptrend for B...
Cryptocoins News / The Cointelegraph - 1 month ago
Democratic lawmakers called out Michael Selig for unilaterally advancing policies at the regulator that's normally led by a bipartisan group of five commissioners.The chair of the Commodity Futures Trading Commission (CFTC), Michael Selig, said he wo...
Cryptocoins News / The Cointelegraph - 1 month ago
Schwab will introduce direct trading in the two biggest cryptos through a dedicated account, its first move into spot trading as it expands its digital asset offerings.Charles Schwab, one of the largest US brokerage firms, will roll out spot cryptocu...
Cryptocoins News / The Cointelegraph - 1 month ago
Bitcoin trades below the profitability threshold for active holders, with early signs of BTC demand offering limited price support for now.Bitcoin (BTC) hit range highs above $76,000 on Wednesday, but Glassnode analysts say data suggest that calling...
Cryptocoins News / The Cointelegraph - 1 month ago
Bitcoin attempted to recover the $75,000 level as US stocks chase after a second day of fresh all-time highs. Is the bull market back on?Bitcoin (BTC) treaded water at Thursday’s Wall Street open as the S&P 500 reached new all-time highs.Key poin...
Cryptocoins News / The Cointelegraph - 1 month ago
The CEO of the troubled Zonda exchange has disclosed a Bitcoin wallet holding around 4,500 BTC, but said the private keys were never transferred during a company handover.Crypto exchange Zonda said a cold wallet holding around 4,500 Bitcoin is curren...
Cryptocoins News / The Cointelegraph - 1 month ago
The Drift Protocol will use the $150 million to relaunch and restore user funds following a $280 million exploit earlier in April.Stablecoin issuer Tether, the company behind USDt (USDT), said Thursday it will back a $150 million recovery program for...
Cryptocoins News / The Cointelegraph - 1 month ago
UAE investors are buying the AI and tech dip, keeping exposure to software, chips and crypto as the Iran conflict stress-tests the Gulf’s bid to be a global tech hub.United Arab Emirates investors are leaning into the artificial intelligence sell-off...
Cryptocoins News / The Cointelegraph - 1 month ago
Investors in the cryptocurrency Ponzi scheme OneCoin may finally get some relief through a Department of Justice program, some 12 years after the project launched.In the United States, victims of the $4 billion crypto Ponzi scam OneCoin are finally r...
Cryptocoins News / The Cointelegraph - 1 month ago
Australia’s A$24B digital asset opportunity hinges on regulation. Clear rules could drive tokenized markets, faster payments and institutional investment.Australia could generate A$24 billion, or about $17 billion, annually from digital assets and to...
Cryptocoins News / The Cointelegraph - 1 month ago
The corrected filing details timeline, caveats and conditions tied to a potential Naver Financial IPO after the Dunamu share swap deal.South Korean tech company Naver and Upbit operator Dunamu said in a corrected filing that their planned share swap...
Cryptocoins News / The Cointelegraph - 1 month ago
DeFi fared pretty well under the House’s version of the CLARITY Act — but the Senate’s revised draft could throw a spanner in the works.
Cryptocoins News / The Cointelegraph - 1 month ago
DeFi fared pretty well under the House’s version of the CLARITY Act — but the Senate’s revised draft could throw a spanner in the works.
Cryptocoins News / The Cointelegraph - 1 month ago
Ukrainian authorities detained a suspect linked to a $100 million cybercrime network targeting the US and Europe, seizing $11 million in assets, of which $3 million was in cryptocurrency.Ukrainian authorities have arrested a member of an internationa...
Cryptocoins News / The Cointelegraph - 1 month ago
AllUnity says it is expanding EURAU stablecoin liquidity pools across major DEXs such as Uniswap and Raydium, with trading pairs against USDT and USDT0.AllUnity, a regulated European stablecoin issuer, is expanding its euro-pegged stablecoin, EURAU,...
Cryptocoins News / The Cointelegraph - 1 month ago
Back said at Paris Blockchain Week that Bitcoin’s post-quantum shift may reveal the true size of the stash held by Satoshi Nakamoto, estimated at between 500,000 and 1 million BTC.Blockstream CEO Adam Back said Thursday that a future post-quantum mig...
Cryptocoins News / The Cointelegraph - 1 month ago
Executives at Paris Blockchain Week said European firms interested in Bitcoin treasury strategies are working around shallower capital markets and tighter constraints than in the US.European companies exploring Bitcoin treasury strategies are unlikel...
Cryptocoins News / The Cointelegraph - 1 month ago
Circle’s Jeremy Allaire sees “tremendous” room for a yuan stablecoin, despite China banning most private yuan tokens and pushing its CBDC to challenge US dollar stablecoins.Circle CEO Jeremy Allaire says there is “tremendous opportunity” for a yuan-b...
Cryptocoins News / The Cointelegraph - 1 month ago
Jean-Didier Berger said at Paris Blockchain Week that France is preparing new steps to protect crypto holders as wrench attacks and kidnappings keep mounting.Jean-Didier Berger, minister delegate to the interior minister of France, said authorities a...
Cryptocoins News / The Cointelegraph - 1 month ago
A review of over 150 crypto protocols finds fewer than 1% disclose market-making arrangements, revealing a major transparency gap in token trading structures.A review of more than 150 major crypto protocols shows that disclosure of market-making arra...
Cryptocoins News / The Cointelegraph - 1 month ago
The sandbox will test preset spending limits, timing controls and category restrictions for public sector expense payments.South Korea’s Ministry of Economy and Finance (MOEF) is preparing to test blockchain-based payments for certain government expe...
Cryptocoins News / The Cointelegraph - 1 month ago
Crypto users in the US are required to pay capital gains taxes on cryptocurrencies, stifling their usefulness as a currency, argued a Washington DC-based think tank.Cato Institute, a US-based think tank, argued that the government should remove capit...
Cryptocoins News / The Cointelegraph - 1 month ago
Major World Liberty Financial investor Justin Sun called a plan to lock tokens for up to four years “the most absurd governance scams I have ever seen.”The Trump family’s crypto platform, World Liberty Financial, is facing backlash over a new proposa...
Cryptocoins News / The Cointelegraph - 1 month ago
The Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024.Morgan Stanley’s new spot Bitcoin exchange-traded fund has just surpassed the WisdomTree Bitcoin Fund (WBTC...
Cryptocoins News / The Cointelegraph - 1 month ago
The amount of capacity and the type of compute it was trained on is “abundantly available in China,” said the Nvidia CEO.Nvidia CEO Jensen Huang warned that China already has the computing power and data center capacity necessary to train an AI model...