Connecticut has joined the growing number of US states rejecting the notion of a state Bitcoin reserve, prohibiting government entities from making crypto investments and payments. Connecticut lawmakers unanimously passed a bill prohibiting state and local government divisions from accepting cryptocurrency payments and holding crypto assets. The House Bill 7082, titled “An Act Concerning Various...Continue Reading
Financial advisors warn against risking your retirement by going all in on crypto — but some older investors feel they have no other choice. The time-honoured advice for older people approaching retirement is to reduce your exposure to risky assets to preserve your nest egg. But what if your nest egg has already been destroyed...Continue Reading
Polygon co-founder Sandeep Nailwal assumed full executive control, marking a move away from decentralized governance. Polygon co-founder Sandeep Nailwal has taken full control of the Polygon Foundation as its first-ever CEO. The move marks a shift away from the decentralized governance model the organization had embraced. The foundation, which oversees Polygon Labs and other arms...Continue Reading
PancakeSwap now offers one-click crosschain swaps with Across Protocol, aiming to reduce bridge risk and improve DeFi user experience across Arbitrum, Base and BNB Chain. Decentralized exchange (DEX) PancakeSwap has launched one-click crosschain swaps using Across Protocol, aiming to address one of the most pressing user experience (UX) issues in decentralized finance (DeFi). The integration...Continue Reading
Although the bill would allow the National Bank of Ukraine to acquire crypto assets like Bitcoin as part of state reserves, it would not require the bank to do so. Ukrainian lawmakers have introduced a draft bill that would allow the National Bank of Ukraine (NBU) to include cryptocurrencies like Bitcoin in the country’s reserves....Continue Reading
The CLARITY Act will move to the House floor after the House Financial Services Committee voted to advance the crypto market structure bill in a 32 to 19 vote. The US House Committee on Financial Services has advanced a crypto market structure bill called the Digital Asset Market Clarity (CLARITY) Act, which will soon head...Continue Reading
Bitcoin moves in the “opposite direction of retail’s expectations,” which may lead to a price surge lag, Santiment analyst Brian Quinlivan tells Cointelegraph. The market’s expectation of Bitcoin surging to new highs could prevent it from happening in the near term, but that doesn’t rule out the possibility of Ether surprising investors, analysts say. Santiment...Continue Reading
The Peter Thiel-backed crypto exchange joins a growing list of firms seeking to go public as investor optimism returns under the Trump administration. Bullish, the digital asset exchange backed by billionaire investor Peter Thiel, has filed confidential paperwork with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO), according to sources...Continue Reading
Republican Representative William Timmons has asked US Securities and Exchange Commission Chair Paul Atkins for documents on the agency’s historical approach to Ether. Republican Representative William Timmons has asked US Securities and Exchange Commission chair Paul Atkins to turn over documents on the agency’s historical treatment of Ether under its Biden-era chair, Gary Gensler. Timmons...Continue Reading
Bitcoin is due a modest consolidation phase before taking a run at price discovery, says the latet analysis — will US inflation data help it get there? Key points: Bitcoin is due a fresh run at all-time highs, traders believe, but a corrective phase is due first. BTC price targets include $107,000, with the six-figure...Continue Reading
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