The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023.
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The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker type.”
Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn’t stopped them from pushing for massive new investments.
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.
This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.
The program will be open to a limited number of participants initially but will expand at a later date.
The “Silicon Beach” wants to make sure Bitcoin has a place there, with help from a blue-collar-oriented nonprofit.
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform.
It could be followed with deployments on Optimism and Base.
Recent breakthroughs in photonic computing could finally make human-level AI possible.
With the US election in November and polls showing Harris in a dead heat with Donald Trump in battleground states, Democratic voices in the crypto industry are speaking up.
The small Central Asian country is currently taking public comments on its framework legislation.
Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high.
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers.
Bitcoin still faces significant resistance at $62,000, and if it breaks, it could liquidate over $845 million of leveraged shorts.
Ripple believes the total stablecoin market will swell to $2 trillion by 2028 as demand for the low-volatility fiat-pegged tokens grows.
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.
Bitcoin order book action is currently marked by significant sell-side liquidity, but this could just disappear at any time, analysis says.
While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns.