Bitcoin is “acting weird,” one commentator argues as BTC price gains fail to capitalize on incremental new all-time highs. Read More at https://cointelegraph.com/news/bitcoin-pundits-spoof-city-btc-price-gains-77k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Crypto mixer Bitcoin Fog founder receives 12.5-year prison sentence
Bitfog founder Roman Sterlingov has been sentenced to 12.5 years in prison and forced to “pay a forfeiture money judgment” of around $395.5 million. Read More at https://cointelegraph.com/news/crypto-mixer-bitcoin-fog-roman-sterlingov-founder-prison-sentence-united-states-doj?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock's spot Ether ETF clocks $60.3M inflows, the highest in 94 days
The significant daily inflow into BlackRock’s spot Ether ETF comes as Ether’s price has seen its biggest weekly gains since May 2024. Read More at https://cointelegraph.com/news/blackrock-ether-etf-inflows-significant-eth-price-united-states?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto community reacts to reports of Wall St. lawyer up for SEC chair role
The latest rumored candidate under Donald Trump’s upcoming administration to potentially replace SEC chair Gary Gensler has sparked a mixed reaction from the crypto community. Read More at https://cointelegraph.com/news/wall-street-lawyer-richard-farley-trump-sec-chair-gary-gensler-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Biz: US elections crown Polymarket
This week’s Crypto Biz features Polymarket, BlackRock’s IBIT hitting $1B volume, Meta’s Llama joining the US military, Bitcoin miners posting production records in October and VanEck listing PYTH ETN. Read More at https://cointelegraph.com/news/crypto-biz-us-elections-crown-polymarket?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance Labs ventures into DeSci with BIO Protocol investment
The decentralized science DAO supports healthcare efforts that might otherwise not attract sufficient funding and gives stakeholders a say in their management. Read More at https://cointelegraph.com/news/binance-labs-invests-in-bio-protocol?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canadian police praise Tether for 'swift' recovery of stolen funds
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities. Read More at https://cointelegraph.com/news/canadian-police-praise-tether-swift-recovery-stolen-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FTX tries to reclaim $11M from Crypto.com-controlled Alameda account
Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users. Read More at https://cointelegraph.com/news/ftx-debtors-reclaim-funds-crypto-com-alameda-research-account?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy shares up 20% in the week following Trump’s victory, rate cuts
MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027. Read More at https://cointelegraph.com/news/micro-strategy-shares-up-20-week-following-trump-victory-rate-cuts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum enters ‘scarcity mode,’ paving the way for ETH rally to $6K — Analyst
Ether’s price metrics have replicated 3 key bullish actions which resulted in a 120% rally in Q1 2024. Will it happen again? Read More at https://cointelegraph.com/news/ethereum-enters-scarcity-mode-paving-the-way-for-eth-rally-to-6-k-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound