Hayes may face short-term losses on his Solana buy-in, but the long-term upside looks promising as the cryptocurrency market recovers. Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has “admitted” to buying Solana’s SOL (SOL) at its possible local top, stressing his bullish outlook for the cryptocurrency. Fam I have something embarrassing I...Continue Reading

Bitcoin eats away at upside which followed the Federal Reserve interest rate announcement, with BTC price action over $1,000 lower. Bitcoin (BTC) broke below $35,000 after the Nov. 2 Wall Street open as analysis warned of “overheated” derivatives. BTC/USD 1-hour chart. Source: TradingView Bitcoin undoes post-Fed gains Data from Cointelegraph Markets Pro and TradingView tracked...Continue Reading

Here are four factors supporting the argument for an upcoming Bitcoin bull run as BTC price breaks above $35,000, an 18-month high. As the chances of a Bitcoin exchange-traded fund (ETF) being approved rise, six-figure BTC price predictions are also becoming increasingly common, particularly now that the April 2024 halving is less than 180 days...Continue Reading

ProShares’s new Short Ether Strategy ETF is set to start trading on the NYSE Arca under the ticker symbol SETH. ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2. ProShares’s new Short Ether Strategy ETF is set to start trading on the New York Stock Exchange’s...Continue Reading

Polygon co-founder Sandeep Nailwal won’t be happy until the project is successful enough to stand alongside Bitcoin and Ethereum. Read Part 1 here: Slumdog billionaire: Incredible rags-to-riches tale of Polygons Sandeep Nailwal Growing up in poverty in a Delhi ghetto with an alcoholic father and an illiterate mother, Sandeep Nailwal has always had a fire...Continue Reading

The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities. The Dubai Virtual Assets Regulatory Authority (VARA) has issued an “Initial Approval” license to the crypto firm WadzPay, marking a pivotal step in the company’s journey toward obtaining a Virtual...Continue Reading

Over half of musicians surveyed said they’re concerned with how their audience might perceive music created using AI, yet many artists have found it useful in their creative process. As artificial intelligence (AI) continues to be pervasive in global industries, the music industry has been receptive to its transformative capabilities while remaining cautious about the risks...Continue Reading

Sanjay Raghavan believes that the tokenization of real estate could bring Web3 adoption and provide a diversification alternative for crypto natives. The tokenization of real-world assets has been tipped as a major use case of blockchain technology that could drive Web3 adoption. In episode 35 of Cointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw interviews Sanjay...Continue Reading

SafeMoon was exploited in March after a smart contract update led to a burn call vulnerability allowing hackers to transfer funds. The decentralized finance project SafeMoon, which was exploited in March, resulting in a net loss of $8.9 million in BNB (BNB), has been charged by the United States Securities and Exchange Commission (SEC) for security rules...Continue Reading

Over the course of 2023, several Satoshi-era Bitcoin wallets have risen from dormancy to transfer their BTC to a new address. Three Satoshi Era Bitcoin (BTC) whale addresses that have been dormant since November 2017 transferred 6,500 BTC, estimated to be worth $230 million, on Nov. 2. Satoshi Era BTC refers to the very early...Continue Reading