Bitcoin brings the heat to risk assets as rapid new all-time highs spark widely varied BTC price targets. Bitcoin (BTC) is breaking records as a weekend BTC price surge delivers nearly $82,000 to start the week. Having nearly reached $82,000, Bitcoin is starting the week with bang as BTC price discovery takes hold. Data from...Continue Reading

The estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer because of FTX’s insolvency. The FTX bankruptcy estate continues filing lawsuits against cryptocurrency firms amid ongoing bankruptcy proceedings. A group of firms involved in the FTX bankruptcy proceedings has initiated a lawsuit against cryptocurrency exchange Binance,...Continue Reading

The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH.  Blockchain protocol Immutable introduced a new feature to streamline players’ experiences in Web3 games by allowing transactions to occur in-game. In a Nov. 11 announcement, Immutable said that Web3 gaming has faced disruptions, as players often have...Continue Reading

NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the Republicans’ US elections sweep. Bitcoin will gain political importance following Donald Trump and the Republicans’ United States election wins — and investors who don’t own the cryptocurrency can no longer ignore it, according to the...Continue Reading

About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.  Crypto traders betting on a market drop were hit with major liquidations as Bitcoin surged to a new all-time high above $81,000, causing widespread losses in short positions. CoinGlass data shows that in the last 12 hours,...Continue Reading

“We have more clarity now in terms of the investment landscape after the election,” said the ARK Invest CEO.  ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission could turbocharge the economy and bring about an influx of innovation and investment in...Continue Reading

The new Ethereum layer 2, Namechain, will make it easier to register names, update records and manage decentralized websites. The Ethereum Name Service (ENS) token shot up more than 10% as ENS Labs announced details of its new Ethereum layer 2 solution “Namechain.” Namechain is a purpose-built Ethereum layer 2 solution aimed at scaling blockchain...Continue Reading

Despite TON’s TVL dropping more than 50% since July, Bitget Wallet and Foresight Ventures have given another boost to Telegram’s Mini App ecosystem. Bitget Wallet, a non-custodial cryptocurrency wallet by Bitget exchange, continues promoting crypto adoption on Telegram by launching a new funding initiative for Telegram Mini Apps. Crypto investment firm Foresight Ventures and Bitget...Continue Reading

Legal and policy experts from the crypto arm of a16z are confident that “the future of crypto in the US is bright.”  The crypto arm of venture capital firm Andreessen Horowitz (A16z) said that there will be  “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States. “While we’ll likely...Continue Reading

The NEAR.AI Assistant was launched at the Redacted conference in Bangkok over the weekend, along with a plan to build the world’s largest open-source AI model.  Near Protocol has unveiled a new crosschain AI agent in alpha that can launch memecoins in seconds and search the web to buy products for fiat. Additional functionality coming...Continue Reading