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Wrapped in Chains: Bitcoin’s Centralization Trap
9.11.2024
This Op-Ed explores if there is a way out of the centralization cycle for wrapped Bitcoin. TLDR: The Greeks wrote about Sisyphus, eternally pushing his boulder uphill, only for it to roll back down. In crypto, we keep pushing Bitcoin toward decentralization, only to watch wrapped versions roll back...
Report: Crypto Traders Lean Toward Leveraged Long Positions After Trump Victory
9.11.2024
A report indicates that post-U.S. elections, traders are favoring leveraged long positions in perpetuals and futures contracts. Trump’s Victory Brings Stability to Markets According to a new report by Bybit and Block Scholes, market trends in the period immediately after the U.S. elections...
Ethereum Rockets Past $3,000: A Comeback Story or Short-Lived Rise?
9.11.2024
The world’s second-largest cryptocurrency by market cap, ethereum (ETH), has broken back over the $3,000 level this week for the first time since late July. Ethereum’s Meteoric Rise to $3,000 Ethereum’s momentum kicked in after bitcoin (BTC) surged to a fresh all-time high...
Trump Bump or Trump Dump?
9.11.2024
As the U.S. election loomed, speculation on whether a Trump victory would actually be bad for markets percolated. Now with Trump victorious and markets ripping, it’s clear it was a Trump bump. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe...
If Trump Eliminates 5 Federal Agencies, It Could Revitalize the US Economy
9.11.2024
In the wake of his sweeping 2024 election victory, people believe Donald Trump has the chance to reshape the American economy by slashing inefficient government departments, a move that could spark economic prosperity and return power to local communities. Charting a New Course: Trump’s Chance...
NFT Market Bounces Back—Weekly Sales Soar Nearly 15% Despite Major Drop in Buyers
9.11.2024
Non-fungible token (NFT) sales ticked upward this week, climbing 14.99% higher than the previous week’s figures in total seven-day sales. Ethereum and Bitcoin Dominate as NFT Sales Rebound Between Nov. 2 and Nov. 9, 2024, NFT sales hit $95.72 million, marking a 14.99% boost over the previous week...
Why Bitcoin Will Soar Above Its Fresh Record: Van Straten
9.11.2024
Even after breaking through $77,000 for the first time, bitcoin's price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues
Record Week for Crypto ETFs as Bitcoin and Ether Funds Settle Billions in Volume
9.11.2024
As of Friday’s latest data, spot bitcoin and ether ETFs once again recorded positive inflows, capping off a groundbreaking week in the market. $293M in Bitcoin, $85M in Ether Inflows on Friday In the U.S., spot bitcoin ETFs pulled in $293.47 million in inflows on Friday alone. Leading...
Fed Boss Won’t Leave: Ron Paul Slams Powell’s ‘Untouchable’ Authority
9.11.2024
Former Congressman Ron Paul scrutinized the Federal Reserve and its leadership, raising concerns over the power dynamics between the Fed, its chair Jerome Powell, and the political influences of President-elect Donald Trump. Jerome Powell’s Fed Under Fire: Ron Paul Calls for ‘Sound Money’...
Chilean Authorities Probe World’s Domiciliary Eye Scanning Activities Pilot
9.11.2024
Chilean authorities from the consumer protection watchdog SERNAC are investigating the company that will provide domiciliary iris scanning services to World, formerly Worldcoin. The measure comes after the institution asked the courts to suspend the project activities last month. World Faces...
A new Trump administration may boost crypto, but the devil is in the details
9.11.2024
The next four years should be ‘highly favorable’ to the digital assets sector, but thoughtful legislation will be critical.
Trump win drives Bitcoin to $76K, PlanB sets $500K target
9.11.2024
Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years.
Regulatory Clarity on Horizon Under Trump, But Hurdles Remain – DWF Labs
9.11.2024
The new Donald Trump administration could bring regulatory clarity to the crypto industry, but complex factors may hinder rapid progress. Regulatory Clarity Requires Patience While the new Donald Trump administration might offer some regulatory clarity for the crypto industry, according to Lingling...
Cronos Labs and Google Cloud Partner to Boost the Cronos Blockchain Ecosystem
9.11.2024
This partnership will see Google Cloud serve as the primary cloud provider for the Cronos ecosystem. Partnership Aims to Accelerate Cronos Ecosystem’s Growth A strategic relationship extension with Google Cloud has been announced by Cronos Labs, a blockchain startup accelerator dedicated...
The Fake Investigator Scam: Police Warn of Crypto Cons Draining Accounts
9.11.2024
A Pennsylvania State Police unit is advising the public of a new bitcoin scam targeting vulnerable individuals, particularly seniors. Scammers contact them through email, phone, or other electronic means, claiming there’s a fraudulent activity involving their personal information. Posing...
Ex-Binance Chief Drops Major Bitcoin Guidance as BTC Smashes New Peaks
9.11.2024
Former Binance CEO CZ dropped powerful investing insights as bitcoin shatters records, delivering a must-hear message for the crypto world. CZ Speaks Out with Crucial Bitcoin Insight as BTC Shatters All-Time Highs Former Binance CEO Changpeng Zhao (CZ) shared investing insights on social media...
Bitcoin pundits wary after 'spoof city' sours BTC price gains at $77K
9.11.2024
Bitcoin is "acting weird," one commentator argues as BTC price gains fail to capitalize on incremental new all-time highs
Ether Blows Past $3K, Builds Bullish Momentum After Trump's Election Win and Fed Rate Cut
9.11.2024
UBS Digital Cash Pilot Completes, Paving the Way for Blockchain Payments
9.11.2024
UBS has unveiled a major breakthrough with UBS Digital Cash, a blockchain-based solution poised to revolutionize cross-border payments. UBS Digital Cash: A Blockchain-Driven Shift in Global Payments Financial giant UBS announced on Thursday the successful pilot of UBS Digital Cash,...
California Pulls Blockfi’s Lending License, Slaps Fines After Regulatory Breach
9.11.2024
The California Department of Financial Protection and Innovation (DFPI) has revoked Blockfi Lending LLC’s finance lending license for violations under California’s Financing Law (CFL). Blockfi agreed to the revocation and to halt certain practices deemed harmful, following an examination that...