Cryptocoins News / The Cointelegraph - 2 weeks ago
Data shows Bitcoin traders cutting short positions and going long despite concerning US macroeconomic data emerging. Is a rally toward $82,000 next?Key takeaways:Bitcoin (BTC) flirted with $78,000 on Thursday but failed to sustain its bullish momentu...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Harvard's endowment fund has become one of the latest high-profile holders to liquidate its ETH as investor sentiment sours during the ongoing bear market.Harvard Management Company, the entity that manages Harvard University’s endowment fund, sold a...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Federal Election Commission filings showed only $175,000 in contributions to the hybrid PAC, which could influence US voters through media buys before key elections in several states.A political action committee (PAC) that claimed to “support candida...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Data suggest Bitcoin’s chance of dropping below $60,000 again is slim to none, thanks to longer-term investors holding more than 71% of the asset’s total supply. The chance of Bitcoin (BTC) falling below $60,000 is “extremely slim,” according to dat...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The crypto exchange's new pre-IPO futures product lets traders speculate on SpaceX’s expected public market valuation before the company begins trading on public exchanges.Binance launched perpetual futures contracts tied to the expected valuations o...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Critics say the new 22% crypto tax, set to take effect in 2027, unfairly favors other asset classes with a much lower tax burden.A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required f...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The financial regulator signed a similar agreement with Major League Baseball in March and continues to file lawsuits against state-level authorities going after prediction market platforms over sports betting.The US Commodity Futures Trading Commiss...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The crypto services company began the US IPO process as companies across the digital asset sector weigh public market debuts. Crypto services company Blockchain.com confidentially filed for a US initial public offering (IPO), becoming the latest digi...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Bitcoin whales and investors shift to distribution as realized losses surge past $600 million, as BTC price declines toward $76,000.Bitcoin (BTC) has dropped nearly 7% from its local peak of $82,800, as several groups of wallet holders switched from...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Bitcoin should shift 5% or more "soon" with $77,000 staying the focus amid mixed messages over the latest US-Iran peace deal plans.Bitcoin (BTC) focused on $77,000 on Thursday as analysis eyed a minimum 5% BTC price move.Key points:Read more
Cryptocoins News / The Cointelegraph - 2 weeks ago
IG Group, which launched spot crypto in the UK last year, is bringing the service to European investors through Bitpanda’s infrastructure.IG Europe has partnered with Bitpanda to offer crypto for European investors, using the Austrian exchange’s infr...
Cryptocoins News / The Cointelegraph - 2 weeks ago
HYPE’s rally is flashing exhaustion near its record-high resistance, raising the risk of a 20% pullback toward the $51.5–$45 support zone.A Hyperliquid (HYPE) whale is refusing to close a massive short position even as the token’s rally leaves the tr...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Kraken’s parent company, Payward, received preliminary approval from Dubai's VARA, paving the way for UAE dirham funding, margin and OTC trading and institutional access via Kraken Prime. Cryptocurrency exchange Kraken moved closer to a launch in the...
Cryptocoins News / The Cointelegraph - 2 weeks ago
OFAC sanctioned six Ethereum addresses linked to a Sinaloa Cartel money laundering network allegedly converting drug proceeds into crypto.The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six Ethereum addresses ti...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Bitcoin demand and ETF flows weaken as BTC struggles below $80,000, raising risks of prolonged consolidation or a drop toward $65,000.Demand for Bitcoin (BTC) has decreased sharply over the last few days as the price ran into overhead resistance abov...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The private Telegram backchannel allegedly allowed Jane Street to unwind hundreds of millions in potential exposure “mere hours before” the Terra ecosystem’s $40 billion collapse.A newly unsealed court filing in the Terraform Labs bankruptcy case all...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Boerse Stuttgart’s Seturion has partnered with Societe Generale, SG-FORGE and flatexDEGIRO to build a pan-European blockchain securities settlement system.Boerse Stuttgart Group’s tokenized securities settlement platform Seturion has partnered with S...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The US Federal Reserve proposed a limited “skinny” payment account framework for fintech and crypto firms and called for a temporary pause on Tier 3 applications.The US Federal Reserve proposed creating limited payment accounts that could give legall...
Cryptocoins News / The Cointelegraph - 2 weeks ago
OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic.HONG KONG, May...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Former Silvergate executive Kate Fraher said the rule that prevented her from sharing her side of the story was unconstitutional. It was finally lifted by the SEC this week.The former chief risk officer of Silvergate revealed she made the decision to...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Italian authorities uncovered a tax evasion scheme in which an individual allegedly used Bitcoin Ordinals and the BRC-20 token standard to generate and conceal $1.1 million. Tax dodgers have started turning to Bitcoin Ordinals, BRC-20 tokens and oth...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The Ethereum rollup market is dominated by Arbitrum and Base, which have a combined 68% market share, according to L2Beat. Syndicate Labs announced it is winding down after five years of developing onchain infrastructure for customizable Ethereum ro...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Bitwise, Roundhill Investments and GraniteShares had their prediction market ETF applications put on hold by the SEC earlier this month.The US securities regulator is delaying the launch of a recent wave of “novel ETFs,” including those that allow in...
Cryptocoins News / The Cointelegraph - 2 weeks ago
ETF analyst Eric Balchunas says crypto and traditional assets are trading down while Hyperliquid is up, leading to a boon for ETFs tied to the token.US-based exchange-traded funds tied to HYPE recorded a 50% trading volume jump on Wednesday, in a rar...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The attacker tricked the Butter Network cross-chain bridge into minting millions more tokens than the legitimate supply of MAPO. MAPO, the native token of the Map Protocol, fell 96% on Wednesday after an exploit of the Butter Network cross-chain bri...
