Crypto
Clear Street, a New York brokerage that has become one of the most active underwriters in the crypto-treasury boom, is preparing to go public with an expected valuation of $10 billion to $12 billion. The…
A crypto analyst argues that maximum pain for Bitcoin this cycle will be a fall to $55,000, based on technical indicators — rather than the $35,000 that some predict. A fall to $35,000, as predicted by some, would represent a 72% retracement.It…
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power demands. In conjunction with green-power developer…
The US Federal Deposit Insurance Corporation will propose a framework for implementing US stablecoin laws later this month, according to its acting chair, Travis Hill.“The FDIC has begun work to promulgate rules to implement the GENIUS Act; we expect to…
Another Ethereum whale has just woken from dormancy after a decade of silence — but rather than sell, the whale has deployed its entire stash into staking. The Ether wallet holds 40,000 tokens, which the holder paid around $12,000 for during…
Ethereum researchers are working on ways to deploy a protocol they first introduced earlier this year, which could supercharge privacy with zero-knowledge proofs.Ethereum developer Artem Chystiakov shared his research on the Ethereum community forum on Monday, titled “Zero Knowledge Secret…
Binance founder Changpeng Zhao’s YZi Labs has launched a bid to stack the board of a BNB buying company it helped to bankroll with its own nominees, citing “destruction” of stockholder value. In a regulatory filing on Monday, YZi Labs said…
The Japanese government is reportedly backing plans to introduce a significant reduction in the nation’s maximum tax rate on crypto profits, with a flat rate of 20% across the board. Japan’s financial regulator, the Financial Services Agency (FSA), first floated the…
Vanguard, the second-largest asset manager in the world, is set to allow its clients to start trading crypto exchange-traded funds and mutual funds on its platform starting Tuesday, reversing its previous stance on digital asset ETFs. Spurred by persistent retail and…
Key takeaways:Stablecoin concerns, regulatory pressure, and reduced risk appetite among traders weighed more on Bitcoin than Japan’s bond-market moves.Reduced confidence in global growth and stress on digital asset reserve companies amplified BTC selling and subsequent stop losses.Bitcoin (BTC) price dropped…
Bitcoin (BTC) attempted to close above a key resistance zone last week after briefly spiking to roughly $93,300. However, BTC failed to stop a mean-reversion trend, with the price dropping below $85,000 on Monday. Bitcoin four-hour chart. Source: Cointelegraph/TradingViewKey takeaways:Bitcoin’s…
Top SOL treasury company Forward Industries has appointed Ryan Navi as chief investment officer to oversee the execution of the company’s Solana-focused treasury strategy.According to Monday’s announcement, Navi will handle sourcing and structuring capital markets opportunities and direct how Forward…
US-based cryptocurrency exchange Coinbase has released its annual transparency report, revealing that the company experienced a significant surge in requests from law enforcement agencies.In a report released on Monday, Coinbase said it had received 12,716 requests from law enforcement globally…
Trading activity in Ether futures has surpassed that of Bitcoin on the Chicago-based CME Group, marking a notable shift in the digital asset derivatives market and fueling speculation that Ether may be entering a long-anticipated “super-cycle” — a sustained, multi-year…
Key points:Bitcoin is facing significant selling at the start of the new week, with some analysts expecting a drop as low as $50,000. Several altcoins turned down from their overhead resistance and are threatening to dip below their support levels.Bitcoin (BTC)…
Republican lawmakers on the US House Financial Services Committee and House Oversight Subcommittee have released a final report on what they called “debanking of digital assets,” claiming that the previous administration was responsible for cutting off access to financial services…
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