Bitcoin price finally pushed through the $45,000 resistance zone, and futures data suggests that bulls will press BTC higher. Bitcoin surpassed $45,000 on Feb. 8, reaching the price level for the first time since Jan. 12 after rallying 6% in two days. This movement coincided with the S&P 500 reaching a record high on Feb....Continue Reading
The U.S. Securities and Exchange Commission admitted to not being “accurate and candid” in its filings related to Debt Box, later petitioning the court to drop the case. A group of five Republican lawmakers from the United States Senate have criticized the Securities and Exchange Commission (SEC) for its actions in a lawsuit against Digital...Continue Reading
Ripple’s president Monica Long predicts a shift from speculative hype cycles to a new crypto era marked by on-chain compliance. Global payment network Ripple expects compliance in decentralized finance (DeFi) to be the industry’s “biggest breakthrough” of 2024, according to its president Monica Long. In an interview with Cointelegraph, Long noted that previous hype cycles...Continue Reading
Abu Dhabi Global Market has been expanding rapidly; Solana isn’t doing badly lately either. Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding with the Solana Foundation to advance the development of distributed ledger technology (DLT). The partners did not announce any specific measures but will explore opportunities for development within ADGM’s DLT...Continue Reading
Artificial intelligence could spell the end of “smart assistants” as we know them. OpenAI is reportedly developing an autonomous AI assistant system capable of assuming control of a user’s device to perform tasks. The potential new product was first reported by The Information, citing a source familiar with the matter. While details are scarce —...Continue Reading
Coinbase’s Q4 earnings are due on Feb. 15. Investors will want to keep a close eye on any plans laid out for fees charged on Bitcoin transactions. Coinbase earns a significant amount of revenue from transaction fees, which means you’d expect bullish markets to be highly beneficial for the company. Because transaction fees are percentage-based, it...Continue Reading
A newly developed zkEVM prover is set to allow EVM chains to become zero-knowledge proof-powered layers-2s in the Ethereum ecosystem. Ethereum scaling protocol Polygon has developed a new type 1 prover allowing ecosystem chains like optimistic rollups to unlock zero-knowledge proof (ZK-proofs) layer-2 functionality. Polygon co-founder Brendan Farmer spoke exclusively to Cointelegraph after Polygon announced...Continue Reading
Crypto exchange Kraken was granted a VASP registration with the Dutch Central Bank, enabling it to offer exchange, transfer, custody, and wallet services for virtual assets in the country. Crypto exchange Kraken has secured its fourth license in Europe, making its compliant services now available in the Netherlands. According to an announcement on Feb. 8,...Continue Reading
Bitcoin bulls are trying hard to break loose from a stubborn BTC price trading range. Bitcoin (BTC) neared $45,500 after the Feb. 8 Wall Street open as bullish continuation brought the highest BTC price levels in a month. Data from Cointelegraph Markets Pro and TradingView tracked ongoing strength in BTC/USD, which built on the previous...Continue Reading
The information provided by Zipmex Thailand under the former CEO regarding assets in user Z Wallets was inconsistent with the Thai SEC’s investigation. Thailand’s Securities and Exchange Commission (SEC) has charged former Zipmex CEO Akalarp Yimwilai with fraud for misleading customers with information related to the use of their digital assets. In a Feb. 8...Continue Reading
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