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

Multiple onchain metrics showed a surge in activity as Bitcoin price rallied to $68,000, possibly signaling that the price momentum is sustainable. Bitcoin (BTC) price registered another monthly high at $68,400 on Oct. 16, forming a new higher-high pattern( HH3) in the markets. BTC swiftly registered a new weekly high after a sharp hourly correction...Continue Reading

BTC’s price reached its highest level since late July, but US dollar strength is starting to undermine Bitcoin bulls’ confidence. Bitcoin (BTC) circled $68,000 on Oct. 16 after setting new 11-week highs into the Wall Street open. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC price upside resuming as...Continue Reading

The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife.  Fund issuer Stacked, also known as STKD, has launched an exchange-traded fund (ETF) touting leveraged exposure to Bitcoin (BTC) and gold as investors embrace the so-called “debasement trade” ahead of the United States presidential elections in November. According...Continue Reading

In an exclusive interview with Cointelegraph, Back explains why Bitcoin’s value relies on its dual identity as hard money and digital gold. Adam Back, the co-founder and CEO of Blockstream, is convinced that the identity of Satoshi Nakamoto, the founder of Bitcoin, will always remain a mystery—and that this is a positive thing for Bitcoin....Continue Reading

Magazine follows a trail of clues left behind by the fake Rabby Wallet scammer to uncover a network of scams and links to a Dubai crypto CEO. Unsuspecting users lost an estimated $1.6 million to a fake cryptocurrency wallet that somehow slipped through Apples strict app review process in February. Magazine follows a trail of...Continue Reading

Institutional interest is increasing thanks to the capital efficiency introduced by restaking and liquid staking. Ethereum validators recorded significant growth during the past year, highlighting the continued institutional adoption of cryptocurrencies. The number of Ethereum validators increased by more than 30% during the past year, exceeding one million for the first time in June 2024,...Continue Reading

James Howells has expressed his frustration with Newport City Council for refusing to allow him to retrieve a Bitcoin hard drive from a local landfill, pushing him to take legal action. James Howells, the British man who famously lost his Bitcoin-filled hard drive in a Newport landfill over a decade ago, has filed legal action...Continue Reading

When Musk tweets, the crypto market listens — and often pays the price. Elon Musk has left an indelible mark on the crypto world, making waves with tweets and market-shifting announcements. Whether he’s endorsing Bitcoin (BTC) or putting on the pom-poms for Dogecoin (DOGE), Musk’s influence has repeatedly stirred up new all-time highs and unexpected...Continue Reading

The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives. The European Union’s markets watchdog believes that the bloc’s cryptocurrency regulatory framework, the Markets in Crypto-Assets Regulation (MiCA), needs to be modified. On Oct. 16, the European Securities and Markets Authority...Continue Reading