Author: Admin
Bitcoin (BTC) is about to disappoint investors, as it’s on the verge of ending October, a historically good month, in the red. Meanwhile, BNB Chain has seen record activity as token prices jumped at the beginning of October.In the EU, the territory is still shifting as countries decide whether to support the “Chat Control” proposal, with nine opposing it outright. Concern over the lack of support saw lawmakers in Brussels delay their decision on the controversial regulation until December.While the US government shutdown has ground to a halt most federal business, including decisions on crypto exchange-traded projects, crypto bills in…
Key points:Bitcoin moves in step with gold, rising toward $112,000 as gold hits new all-time highs.BTC price action has yet to confirm a reversal, say commentators, with the risk of a $100,000 dip still real.September seasonality means that week three of the month is all but guaranteed to see losses.Bitcoin (BTC) surged with gold at Tuesday’s Wall Street open as bulls crunched through short liquidity.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewTrader: BTC price still due $100,000 dipData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new September highs of $111,775 on Bitstamp.Up nearly 2% on the day, the pair joined gold…
Opinion by: Alice Frei, head of security and compliance at Outset PRMore than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise.First up are the UK and the EU. Singapore, the UAE, Hong Kong and the US are on deck next, with plans to roll out in 2028. Behind the scenes, crypto platforms are quietly rebuilding in response. To the most privacy-conscious users and developers, the irreversible end of crypto’s resistance to surveillance is unwelcome news. What appears to be regulatory capture on the surface, however, is actually the…
Opinion by: Anurag Arjun, co-founder of Avail On paper, SocialFi is a no-brainer. It promises to shift the balance of power in social media — giving people control over how their content and personal data are used and monetized. It even offers users a stake in the $200+ billion social media advertising market, a pie currently devoured almost entirely by giants like Meta.And yet, SocialFi platforms today feel more like digital ghost towns than the bustling hubs of Web2. Friend.tech, hailed as a breakout star in 2023, peaked at just 80,000 daily active users before falling below 10,000. What’s holding SocialFi…
Today in crypto, disappointment surrounding the US Strategic Bitcoin Reserve signals unrealistic investor expectations, according to regulatory experts, Michael Saylor advocated for an aggressive US government approach to Bitcoin accumulation, and the Bitcoin community shared mixed reactions to the White House Crypto Summit.Bitcoin reserve backlash signals unrealistic industry expectationsThe widespread disappointment surrounding the US Strategic Bitcoin Reserve — hailed as a historic step for Bitcoin adoption — suggests unrealistic investor expectations, according to regulatory experts.President Donald Trump signed an executive order on March 7, which will utilize Bitcoin (BTC) seized in government criminal cases rather than purchasing the asset directly…
Bitcoin network growth is set to take BTC price to seven figures within the next decade, says Timothy Peterson. Source link
After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm. Source link
$20 million worth of crypto held by U.S. government wallets were transferred to a wallet that has since sent one-third of the assets to exchanges. An Ethereum wallet controlled by the U.S. government appears to have been hacked. On Oct. 24, Arkham, an on-chain intelligence platform, flagged that $20 million worth of USDC, aUSDC, USDT, and ETH was “suspiciously” transferred from a wallet linked to the U.S. government. The U.S. government wallet previously seized funds linked to the attackers behind the 2016 Bitfinex hack from nine separate seizures. “The funds were moved to wallet 0x348 which has begun selling the funds to…
Crypto in South Korea continues to draw attention due to the high delisting rates and the financial risks posed to investors. Over the past seven years, 34.9% of cryptocurrencies listed on South Korean exchanges were delisted, with half surviving less than two years. While initial listings on these exchanges often led to short-term price boosts due to increased investor attention and demand, the long-term prospects are far less certain. South Korean Investors Suffer Crypto Delistings This trend is troubling for investors who may rush to buy new coins following a listing, expecting sustained growth. A typical pattern emerges where the…
There has been a dramatic retracing on the cryptocurrency market, with Bitcoin momentarily falling below the crucial $67,000 mark, leading to extensive liquidations. The liquidation of over $193 million in positions, the majority of which were long positions, suggests that the bullish momentum may be waning. Following its recent surge, traders are beginning to cash out or face forced liquidations, indicating hesitancy on the part of Bitcoin, which is frequently referred to as digital gold. According to the liquidation heatmap, Bitcoin comes in second, with $46.75 million in liquidated positions, while Ethereum leads with $57.43 million. This indicates that there…