“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations. The United States federal government is investigating stablecoin issuer Tether, The Wall Street Journal reported in an “exclusive” article on Oct. 25, citing “people familiar with the matter.” Tether CEO...Continue Reading
Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand. Bitcoin (BTC) rose 3.8% between Oct. 23 and Oct. 25, only to face resistance at $68,700, but is there enough bullish momentum to push the price in the $70,000 range? Although the Federal...Continue Reading
WikiLeaks founder Julian Assange was arrested in 2019 after spending seven years trapped in the Ecuadorian embassy in London, England. Julian Assange’s family members took the stage at the Plan B Forum in Lugano, Switzerland, to highlight the effort behind fighting extradition to the United States and freeing the journalist — which included more than...Continue Reading
Ted Cruz, representing Texas in the US Senate since 2013, has received millions in support from the crypto industry but is still at risk of losing his seat to Colin Allred. With 11 days until the US Election and Texans already going to the polls for early voting, crypto political action committees (PACs) have reported...Continue Reading
This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases. Decentralized exchange SushiSwap announced a new roadmap, promising to allow users to “Swap Anything” from non-fungible tokens (NFTs) to coins across over 35 chains. The roadmap targets one of the key...Continue Reading
Spot Bitcoin ETF demand soars to a six-month high, but BTC futures contract volumes “remain somewhat subdued” and could be a reason why the price is constrained. Demand for spot Bitcoin (BTC) exchange-traded funds (ETFs) has reached its highest point since the Bitcoin halving in April. Meanwhile interest among futures traders seems to be waning,...Continue Reading
As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy? One of the key topics linking cryptocurrencies to all Americans, regardless of whether they are in crypto, could be the prospect of a digital dollar...Continue Reading
Ethereum could be preparing to bounce from a demand zone at $2,500, as fresh activity in ETH derivatives markets catches traders’ attention. Ethereum (ETH) price is down 7.5% for the week after failing to replicate Bitcoin (BTC) and other major altcoins’ market recovery. However, one analyst believes that ETH’s longer-term market structure is bullish due...Continue Reading
In the United States, issuers are seeking to register ETFs for Solana and XRP ahead of the November presidential elections. The flurry of filings to list alternative cryptocurrency exchange-traded funds (ETFs) in the United States are “call options on a Trump victory” in the upcoming presidential elections, Eric Balchunas, an ETF analyst at Bloomberg Intelligence,...Continue Reading
The first interplanetary blockchain-based transaction could potentially happen in 2026. There aren’t any ATMs on Mars. In fact, the red planet currently has no infrastructure in place to support financial transactions. This poses a significant challenge for future colonists who want to order pizza using Bitcoin (BTC) or trade apes with fellow non-fungible token (NFT)...Continue Reading
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