Bitcoin’s recovery to $66,000 saw it set a new higher high for the first time since the $73,835 all-time high set in March. Although Bitcoin’s price dropped under $60,000 this week, Glassnode said that multiple onchain metrics are hinting that the market might be “approaching a phase shift.” This recovery, which has seen Bitcoin (BTC) … Read more
The use of digital assets as trading collateral could be approved by the United States Commodity Futures Trading Commission (CFTC) by the end of the year. According to a report from Bloomberg, a subcommittee of the Commodity Futures Trading Commission’s Global Markets Advisory Committee recently voted affirmatively to recommend a proposal allowing digital ledger technology-based … Read more
During an Oct. 3 press conference, the International Monetary Fund (IMF) renewed calls pressuring El Salvador to scale back its Bitcoin (BTC) policies and overhaul its regulatory framework surrounding the digital asset. Julie Kozack, director of the IMF’s communications department, did not specify the exact details behind the proposed regulatory shift but instead provided this … Read more
In his take from this Monday, Nikolaus argued that Donald Trump is heavily pro-Bitcoin. I beg to differ. Yes, Trump is providing lip service to Bitcoiners, which is more than we can say of Kamala Harris. The fact that he spoke at the Bitcoin conference is certainly interesting, and at least indicates that he’s aware of … Read more
On Wednesday, October 2, the United States Securities and Exchange Commission (SEC) took a formal step in extending the XRP lawsuit with Ripple by filing a Notice of Appeal of Judge Torres’s ruling. This move came on the heels of the final judgment by the US District Court, Southern District of New York on August … Read more
According to the latest announcement from Japanese investment firm Metaplanet Inc., its Bitcoin holdings have surged, rising to 530.717 BTC as of October 3. As revealed by the Tokyo-listed company, this increase in its Bitcoin bags was possible due to a smart options trading strategy, which led to the company earning more BTC and adding … Read more
Cryptocurrency exchange Kraken has opened a derivatives trading platform in Bermuda, having received a license from the Bermuda Monetary Authority (BMA). Bermuda is becoming an attractive locale for regulating cryptocurrency activities. Kraken follows Coinbase International and HashKey Global to the island. Lots of trading options The BMA indicates that Payward Digital Solutions (Kraken’s legal name) … Read more
Multimillionaire tech guru Bryan Johnson says that if he hadn’t sold his payments company Braintree to PayPal in 2013 and became obsessed with anti-aging, he may well have ended up devoting his life to crypto. “Had I not sold Braintree, I just would have been entirely all in on crypto,” he says. Magazine catches up … Read more
Global crypto exchange Binance experienced a significant decline in trading activity in September. According to a CCData report, trading volume for derivatives on Binance fell by 21% to $1.25 trillion in September, the lowest level since October 2023. With the decline in activity, the exchange’s derivatives market share stood at 40.7% at the end of … Read more
Meta recently showed off a new “Hyperscape” tech that takes the idea of stitching photographs together to form a 3D environment — such as YouTube’s 360 videos — and turns it into a real-time rendering system that could potentially revolutionize telepresence and redefine the idea of working from home. Hyperscape Meta’s still as bullish as … Read more
