Ethereum’s futures open interest hit a new all-time high, but data shows this feat is usually followed by an ETH price crash. Ether (ETH) gained 8.8% between Oct. 14 and 15, but the $2,650 resistance level proved more challenging than anticipated. Traders have become increasingly concerned that Ether’s aggregate futures open interest reaching an all-time...Continue Reading

In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry. Ripple’s chief legal officer Stuart Alderoty believes that the June 2024 overturn of Chevron USA Inc. vs. Natural Resources Defense Council by the United States Supreme Court will have little impact on the Securities and...Continue Reading

The prediction marketplace has certified more than a dozen political event contracts since prevailing in a court battle in September. Prediction marketplace Kalshi has certified more than a dozen event contracts tied to United States political outcomes since prevailing in a landmark court battle in September, according to regulatory filings reviewed by Cointelegraph.  The event...Continue Reading

Cointelegraph’s VC Roundup features venture funding for the Wire Network, OpenGradient, Blockcast, Apex Fusion, PiP World and Lombard. The blending of artificial intelligence with blockchain technology has emerged in 2024 as a key focus for venture capital investment. According to data from analytics firm Stocklytics, AI startups secured $11.8 billion in the past 90 days,...Continue Reading

Lead Bank executive Erica Khalili talks about why now’s not an easy time in the digital banking sector.  Banks are beginning to see the appeal of digital technology and assets, but they may not be aware of the level of commitment needed to succeed. This is not an easy time to be in the crypto...Continue Reading

A group of NFT holders sued an art gallery, claiming it failed to deliver its promised metaverse club. In this week’s newsletter, read about how non-fungible token (NFT) holders took legal action against an art gallery that promised them a metaverse. Check out how gaming is a playground for developers to test new technologies like...Continue Reading

Bitcoin bulls are keen to hit $70,000, but a selloff at this level could trigger a sharp downside in BTC and altcoins. Bitcoin’s (BTC) rally above $66,500 cleared the final hurdle on its journey to $70,000. According to Farside Investors data, the move was accompanied by solid inflows of $555.9 million into United States spot...Continue Reading

The suit alleges Chainalysis falsely labeled the YieldNodes project a scam. Legal representatives from blockchain analytics firm Chainalysis are scheduled to appear at a New York Supreme Court hearing on Oct. 16 regarding a defamation suit brought against the firm in January of 2024.  According to documents posted on the legal analysis site Trellis, the...Continue Reading

Analysts warn that Bitcoin price might not be going “to the moon” all in one go.  Bitcoin’s (BTC) move beyond the $68,000 price level has traders optimistic that this is the run that will lead to retesting its $73,679 all-time high, but not all analysts agree it will be so smooth. “The prudent move may...Continue Reading

The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country. Siam Commercial Bank (SCB), Thailand’s oldest commercial bank, recently revealed it will begin offering stablecoin cross-border payment and remittance services to its clients in collaboration with fintech company Lightnet. Adding support for stablecoin services will allow...Continue Reading