Bitcoin price keeps going up but retail traders are not piling in yet. Cointelegraph explores why. The total market capitalization of the cryptocurrency market surged past $1.55 trillion on Dec. 5, driven by remarkable weekly gains of 14.5% for Bitcoin (BTC) and 11% for Ether (ETH). Despite the recent bullish momentum, analysts have observed that...Continue Reading

“Spicy” AI chatbot Grok hasn’t been seen by the public yet, but it’ll be worth plenty after this securities issue. Elon Musk’s X-linked AI modeler xAI has an agreement for the private sale of $865.3 million in unregistered equity securities, according to a filing with the United States Securities and Exchange Commission (SEC) made on...Continue Reading

Government transparency group Open Secrets reported U.S. crypto firms spent roughly $19 million on lobbying from January to September 2023. Companies connected to the crypto and blockchain industry in the United States reportedly spent roughly $3 million more on lobbying in the first three quarters of 2023 than over the same period in 2022. According...Continue Reading

The commission said it will have until January 2024 to reach a decision on the spot Ethereum investment vehicle, or institute proceedings to extend the deadline again. The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve or disapprove of a spot Ethereum exchange-traded fund, or ETF, offering from...Continue Reading

The bill complements one already on the governor’s desk that regulates digital assets owned by individuals. The New Jersey General Assembly may consider a bill that would decide when a digital asset or “virtual currency’ is a security under state law.  All virtual currencies issued and sold to institutional investors would be considered securities in...Continue Reading

All 435 seats in the U.S. House of Representatives will be up for grabs in the 2024 election, with the future of crypto bills in the House Financial Services Committee uncertain. Representative Patrick McHenry, chair of the United States House Financial Services Committee and a proponent of many pieces of crypto-focused legislation, will be retiring...Continue Reading

Bitcoin is leaving naysayers behind in classic bull run style, with BTC’s price arriving at multi-year resistance. Bitcoin (BTC) clipped $44,000 later on Dec. BTC/USD 1-hour chart. Source: TradingView Bitcoin applies more pressure to bears Data from Cointelegraph Markets Pro and TradingView followed a fresh round of upside for Bitcoin as it outpaced altcoins to...Continue Reading

The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications. IBM announced the launch of IBM Hyper Protect Offline Signing Orchestrator (OSO), an air-gapped cold storage solution for digital assets, on Dec. Working with digital asset manager Metaco, an IBM partner and Ripple subsidiary,...Continue Reading

“To incentivize more users to provide liquidity, we will officially launch the market maker project starting from 2023/12/28,” the exchange wrote. Hashkey, one of the first crypto exchanges to be licensed in Hong Kong, will soon allow individual and enterprise market makers to provide liquidity on the exchange. According to the Dec. 5 announcement, individuals...Continue Reading

Bitcoin beats its previous record to near $42,500, but all may not be what it seems when it comes to BTC price strength. Bitcoin (BTC) returned above $42,000 on Dec. BTC/USD 1-hour chart. Source: TradingView Analysis: New Bitcoin bids are not “organic” Data from Cointelegraph Markets Pro and TradingView showed a BTC price rebound taking...Continue Reading