Arthur Hayes: Bitcoin Could Slip to $50,000 — Altcoins Could Dive ‘Into the Gutter’
Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar…
Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade
MATIC suffers another string of losses as the broader market pullback forces the bulls to the defensive. According to CoinGecko, the Polygon Network native coin has bled 16% more since last week as the bears reverse gains made back in August. This…
Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California
A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new…
Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says
A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.
Bitcoin Boom Over? Expert Calculates How High It Can Go In 10 Years
Over the past seven months, the price of Bitcoin has moved in a range between $73,777 and $49,000, significantly depressing sentiment across the market. In a new analysis published via X, Will Clemente III, co-founder of Reflexivity Research…
United Texas Bank Faces Regulatory Action for AML Failures Linked to ‘Virtual Currency Customers’
United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take immediate action to rectify issues related to its anti-money…
‘The crypto voting bloc is not voters’: Political scientists debate election impact
Recent polling among cryptocurrency holders has candidate Donald Trump firmly ahead of his opponent, but researchers are undecided about whether it even matters.Â
According to Fortune, Coinbase’s Chief Financial Officer, Alesia Haas, said that U.S. Vice President and Democratic presidential nominee Kamala Harris is using the company’s Commerce platform to accept cryptocurrency donations for her campaign. Theâ€
Thailand’s Mahidol University Partners With Tether to Integrate Blockchain and Stablecoin Education
Tether and Mahidol University International College (MUIC), a prestigious institution in Thailand known for its diverse and international academic programs, have signed a Memorandum of Understanding (MOU) to integrate stablecoin, blockchain, and…
This article is featured in Bitcoin Magazine's "The Privacy Issue". Subscribe to receive your copy.Privacy is a fundamental issue in using a public blockchain system like Bitcoin. Numerous projects and proposals have been made over the years to…
New regulators are set to define Europe's crypto policies
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union.
Bitcoin Short-Term Holder Behavior Reminiscent Of 2019 As BTC Remains Below $60,000
A recent Quicktake analysis on the on-chain analytics platform CryptoQuant highlighted how Bitcoin’s short-term holders’ (STH) behaviour is similar to that of 2019. This analysis comes as Bitcoin remains below $60,000, continuing the bearish…
Ripple and SEC agree to stay $125M judgment, hinting at appeal
Though the SEC may choose not to appeal the Aug. 7 decision, Ripple’s lawyers requested that 111% of the monetary judgment be placed into a bank account to obtain a stay.
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and MatÃas Andrade from Coin Metrics highlight the challenges these…
Why is Ethereum (ETH) price underperforming compared to the wider crypto market
Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting.
U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock
U.S. spot Bitcoin ETFs witnessed a significant exodus of funds, with $287.8 million withdrawn across the listed ETFs yesterday, marking the largest single-day outflow since May 1, Farside Investors data reveals. According to Arkham data, the only…
The Protocol: The Secret Code Behind Trump Family Crypto Project
In this week's issue of CoinDesk's weekly newsletter on blockchain tech, we've got the secret details underpinning the former president's plan for World Liberty Financial, as well as the rankings of which tokens performed the least-poorly in ugly…
Is Chainlink (LINK) Sliding To $9? On-Chain Metrics Expose Weak Network Activity
Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may…
Nigerian judge pushes Binance exec’s bail hearing to Oct. 9
Detained in Nigeria for more than six months and with reported health problems, Tigran Gambaryan awaits a judge’s decision following another bail application.
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin…
Bitcoin investors ‘relatively profitable’ even as the bull market takes a pause
A growing number of short-term Bitcoin traders’ positions are held at a small loss, but data shows a healthy market when compared to previous bull cycles.
The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James Wo, Founder & CEO of DFG.
Web3 Startup Startale Labs Secures Investment From Samsung Next Following Sony Partnership
Samsung Next has announced its investment in Startale Labs, a company at the forefront of the Web3 ecosystem. This partnership aims to address the limitations of centralized systems by providing essential tools and infrastructure for decentralized…
Building Robust Digital Asset Custody Solutions: Key Considerations
Private blockchain, smart contracts, and specialized oracles - Mohammad Nauman, Director of Custody Engineering at Bullish explores the essential elements to consider when building a secure and efficient digital asset custody infrastructure.
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