Cashtokens Upgrade 3 Months Out: BCH Developers Building NFT Creator Studio, Marketplaces, Wallets, and More
With the Bitcoin Cash network’s May 15 Cashtokens upgrade now three months behind us, bustling development in non-custodial wallets, marketplaces, non-fungible tokens (NFTs), games, and other applications continues unabated. Paytaca wallet…
US House Democratic coalition creates AI working group
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology.
ADA Price Plunges 5%, Can Buyers Save The Key $0.275 Support?
Cardano’s price started a fresh decline from well above $0.30. ADA is testing $0.275 and remains at risk of more downsides in the near term. ADA price is gaining bearish momentum below the $0.30 level against the US dollar. The price is trading…
Ethereum Price Prints Bearish Technical Pattern, Why It Could Extend Losses
Ethereum price is moving lower below the $1,850 zone against the US Dollar. ETH could extend losses and trade below the $1,800 support. Ethereum is slowly moving lower below the $1,850 and $1,840 resistance levels. The price is trading below $1,840…
Bitcoin Price Key Indicators Suggest A Strong Case For More Losses
Bitcoin price moving lower below the $29,500 zone. BTC remains at risk of more downsides below the $29,000 support zone. Bitcoin is still trading well below the $29,650 resistance zone. The price is trading below $29,300 and the 100 hourly Simple…
Xi Jinping, Vladimir Putin Advancing China-Russia Strategic Partnership, Says Chinese Official
Chinese leader Xi Jinping and Russian President Vladimir Putin “will continue to advance the China-Russia comprehensive strategic partnership,” according to China’s Ministry of Foreign Affairs. The two leaders are set to participate in next…
Former SEC Official Anticipates Exponential Shifts in Crypto Regulations After Election Day
The U.S. Securities and Exchange Commission’s former head of internet enforcement has outlined potential changes in the U.S. and at the SEC that could have positive impacts on the crypto industry, including the approval of spot bitcoin…
This Dreaded Candlestick Formation Just Printed: Bitcoin To $18k?
Bitcoin, the most valuable crypto asset, is at a critical juncture at spot rates if candlestick formation in the weekly chart is anything to go by. One analyst on X, formerly Twitter and NewsBTC Editorial Director Tony Spilotro, is sounding the…
Bank of America Assesses Significance of Paypal’s USD Stablecoin and Fednow System
Bank of America has provided its analysis of Paypal’s U.S. dollar stablecoin and the Fednow payments system. The bank does not expect the widespread adoption of PYUSD to occur in the near future, noting that the introduction of…
Will Bitcoin Price Crash Similarly To 2019 And 2020?
Bitcoin price has mostly maintained the $29,000 level for the better part of the week. This points to low activity and momentum in the market, as well as a reluctance to engage in the digital asset at this point. One reason for this reluctance is…
Former FTX Co-CEO Ryan Salame to Plead the Fifth, Declares Himself ‘Unavailable as a Witness’
U.S. federal prosecutors have unveiled court documents indicating that ex-FTX CEO Sam Bankman-Fried (SBF) is entangled in a web of allegations, with illegal political campaign financing being a significant charge. In light of these allegations…
Bitcoin price action is beginning to mirror BTC’s 2015-2017 pre-bull market cycle
Bitcoin’s price action and the crypto markets’ structure are beginning to mirror the pre-bull run activity seen in previous years, according to Delphi Digital.
THORSwap (THOR) 300% Surge In A Week: What’s The Secret Behind Its Thunderous Rise?
In recent weeks, the native token of THORSwap, THOR, has experienced a surge, with its value increasing by nearly 300%. This surge has attracted attention within the crypto community, prompting an exploration of the factors contributing to…
Crypto Mining Gets Its Own Lobbying Voice in Washington
Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the next steps in crypto regulation.
Digital Energy Council Launches Championing Synergy Between Energy and Bitcoin & Crypto Mining
Today, Digital Energy Council (DEC), the first member association focused solely on the intersection of energy security and digital asset mining, has officially launched, according to a press release sent to Bitcoin Magazine. The…
Institutional XRP Holdings Rise Rapidly Following Ripple’s Win Over SEC
Now that Ripple has prevailed over the SEC in court, major players are eager to get their hands on XRP. According to recent data, institutions have been getting their hands on the cryptocurrency at a steady rate, as reflected in the digital asset…
US lawmakers press SEC and FINRA on Prometheum's broker-dealer approval
Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May.
Russian Ruble Plunges to 16-Month Low vs the US Dollar — Experts Cite Oil Price Cap
The Russian currency’s exchange rate versus the U.S. dollar recently dropped below RUB100 per greenback — its lowest in 16 months. Economists attribute the ruble’s latest plunge to the effectiveness of a price cap imposed on Russian oil…
Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto.
Renowned Finance Author Says Bitcoin Price Will Reach $1 Million If This Happens
Bitcoin’s creator, Satoshi Nakamoto, created Bitcoin in response to the 2008 financial crisis as an alternative to government-controlled money. Since then, Bitcoin has gone to spearhead the crypto industry, with many investors calling it…
Coinbase political initiative features US lawmaker who admitted to ethics violations
Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules.
Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products
Crypto exchange Binance has decided to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement.
This Event Causes Bitcoin Traders’ Sentiment To Rise, Will BTC Surpass $30,000?
The Bitcoin price continues to compress around its current levels, but during today’s trading session, there was an uptick in volatility. The rise in this metric could hint at a shift in the narratives influencing BTC’s price action. As of this…
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