Cryptocurrency News, Analysis, and Blockchain Insights
Bitcoin (BTC) plunged to a low of $80,524 on Friday, with analysts stating that the flagship cryptocurrency had entered the most bearish phase of the current cycle. However, analysts are optimistic of a rebound as the probability of a rate cut in December doubled in 24 hours, boosting market sentiment. Federal Reserve Rate Cut Odds […]
Ohio Representative Warren Davidson has introduced legislation that allows Americans to make federal tax payments in Bitcoin without incurring capital gains, a move aimed at boosting the US Strategic Bitcoin Reserve. The Bitcoin for America Act intends to diversify national wealth into non-inflationary assets that can act as a long-term store of value. The Bitcoin […]
Tether, the entity behind USDT, has announced an investment in Parfin, a digital asset platform based in London and Rio de Janeiro. The investment is part of a strategic move to expand USDT’s reach in Latin America. Latin America is a burgeoning crypto hub, driven by the need for inflation hedges and improved financial access. […]
Bitcoin’s (BTC) selloff has intensified as it plunged to a low of $80,524 on Friday. Analysts have stated that the flagship cryptocurrency has entered the most bearish phase of the current cycle as institutional interest fades and key indicators turn negative. Some analysts believe the current prices signal the end of the current market cycle. […]
Controversial social media influencer Andrew Tate has had his entire HyperLiquid account liquidated. The liquidation triggered widespread mockery across the crypto community. HyperLiquid data confirmed Tate never executed a single withdrawal, resulting in the loss of every deposited dollar. Andrew Tate’s HyperLiquid Account Liquidated Andrew Tate is being subject to widespread mockery and derision across […]
The United States Senate Banking Committee Chair Tim Scott aims to have a committee vote on the crypto market structure bill next month. The Banking Committee Chair stated that he hopes to have the bill on President Trump’s desk by early next year. Senate To Vote On Crypto Market Structure Bill Senate Banking Committee Chair […]
Mastercard has chosen Polygon to support a new system allowing users to send crypto to verified usernames instead of long wallet addresses. The new system aims to reduce transfer errors and make crypto easier for mainstream users. Mastercard Taps Polygon For New System Mastercard’s Crypto Credential standardizes blockchain addresses, verifying them using human-readable names that […]
The U.S. Department of Justice (DOJ) has launched a new enforcement push against North Korea’s state-backed cybercrime operations, seeking to forfeit over $15 million in stolen USDT and securing multiple guilty pleas from individuals who helped Pyongyang infiltrate U.S. companies through fraudulent IT work. DOJ to Forfeit Millions in Stolen USDT The U.S. Department of […]
A wave of speculation engulfed the crypto market on Friday after large Bitcoin transfers linked to Strategy, the corporate Bitcoin heavyweight previously known as MicroStrategy, triggered widespread concerns about a potential liquidation. Wallet Movements Spark Sell-Off Fears The transfers, amounting to more than 43,000 BTC, coincided with a sharp downturn in Bitcoin’s price, briefly pushing […]
The Trump family-backed Bitcoin miner American Bitcoin disclosed that it had more than doubled its revenue and reported a third-quarter profit. The company also expanded its mining capacity and increased its Bitcoin (BTC) holdings to 4,004 BTC as it completed its first full quarter as a publicly traded company. American Bitcoin Reports Q3 Profit According […]
Jack Dorsey’s Cash App has announced that users will soon be able to send stablecoin payments. The new feature will support multiple stablecoins and networks when it becomes available. Cash App has also launched a feature that will allow users to send USD through the Bitcoin Lightning Network. Cash App Embraces Stablecoin Payments Jack Dorsey […]
Prediction market Polymarket has resumed operations in the US in beta mode. The resumption was confirmed by the platform’s founder, Shayne Coplan, at the Cantor Fitzgerald conference. Polymarket’s return to the US market materialized after the platform resolved issues with local regulators, including the CFTC. Polymarket Resumes US Operations In Beta Mode Polymarket founder Shayne […]