Bitcoin and Ether surged as US liquidity measures and record spot ETF inflows offset investors’ recession fears and their concerns over the war in Iran. Key takeaways: US government bailout plans and currency swap lines with the UAE are easing global liquidity fears and lowering credit crisis risks. Record Bitcoin ETF inflows and rising BTC...Continue Reading
Blockstream’s Adam Back discusses why people think he’s Satoshi Nakamoto, while the CEO of OKX Europe said MiCA is “extremely beneficial” for the industry at the latest LONGITUDE event in Paris. Blockstream CEO Adam Back, the British cryptographer and inventor of Hashcash, said it’s “flattering” that people think he’s Satoshi Nakamoto and was probably the...Continue Reading
Bitcoin moves closer to $80,000 as data shows traders positioning in futures markets. Will potential profit-taking in the $83,000 to $88,000 range put a cap on the rally? Bitcoin (BTC) reached a monthly high of $79,472 on Wednesday, marking its strongest 28-day return since April 2025. The rally aligns with a shift in a market...Continue Reading
Bitcoin rally above the $78,333 resistance signals sustained buying by the bulls, clearing the path for a potential rally to $84,000. Key points: Bitcoin’s rise above the $78,333 resistance opens the door for a rally to $84,000. Several major altcoins are attempting to rise above their resistance levels, signaling aggressive buying at lower levels. Read...Continue Reading
The ex-FTX CEO said he consulted with his parents and lawyers regarding a recent filing he sent from prison, but claimed to be the ”ultimate author of the documents.” Former FTX CEO Sam Bankman-Fried, serving a 25-year sentence for his role in misusing user funds at the crypto exchange, has dropped a motion in federal...Continue Reading
The letter to four US government agencies said banks needed 60 more days for comment after OCC stablecoin rulemaking had been finalized. The American Bankers Association (ABA) has asked US government agencies responsible for regulations related to a stablecoin bill for more time to comment, potentially delaying implementation by as much as two months. In...Continue Reading
The Shariah-compliant stablecoin backed by Gulf currencies expands to a new Layer 2 network aimed at institutional settlement in the Middle East. PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is set to deploy on ADI Chain, a Layer 2 network focused on institutional settlement in the Middle East. According to an announcement shared with...Continue Reading
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