Accumulation by long-term Bitcoin holders, buying by institutional investors and a strengthening technical structure could fuel BTC’s price rise to $95,000 or higher. Bitcoin (BTC) rose as much as 2% over the past 24 hours to an intraday high of $81,300 on Tuesday. This brings the weekly and 30-day gains to 5% and 21%, respectively....Continue Reading
Toncoin rose 33.8% after Pavel Durov said Telegram would deepen its role in TON, while details on the foundation and validator structure remain unclear. Telegram founder Pavel Durov said Telegram will replace the TON Foundation as the main driving force behind The Open Network (TON) and become its largest validator, signaling a deeper operational role...Continue Reading
Innovation City launches a blockchain-based business ID system, giving more than 1,000 firms verifiable onchain credentials for identity and access. Innovation City, a Ras Al Khaimah-based free zone focused on artificial intelligence and Web3, has launched what it claims is the first blockchain-based digital business identity system. According to a Monday release shared with Cointelegraph,...Continue Reading
Spot Bitcoin ETFs pulled in over $532 million on Monday as BTC surged past $80,000 amid improved risk sentiment following the US-Iran ceasefire. US spot Bitcoin ETFs recorded $532.21 million in net inflows on Monday as Bitcoin pushed back above the $80,000 mark amid improving risk sentiment following the ceasefire agreement between the US and...Continue Reading
US Senator Thom Tillis said the current text of the CLARITY Act offers a compromise for the crypto industry and banks and provides a bipartisan path for the bill’s passage. America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank...Continue Reading
The new wallet feature hides senders, receivers and amounts onchain while maintaining compliance through know your transaction screening and auditable files. Ethereum scaling solution Polygon has launched private stablecoin payments in an effort to attract more businesses and institutions to the chain. In a statement on Sunday, Polygon introduced its new wallet feature that enables...Continue Reading
Haun Ventures founder Katie Haun said AI will “increasingly begin to conduct economic activity on our behalf,” and services will need to adapt for that world. Haun Ventures has raised $1 billion to back early- and late-stage crypto startups, while expanding into artificial intelligence for the first time. The funds will focus on three areas:...Continue Reading
Aave argued that a thief doesn’t gain lawful ownership of property by stealing it and that Gerstein Harrow’s legal argument “defies logic, common sense and the law.” Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a US law firm aimed at blocking Arbitrum DAO...Continue Reading
Western Union is one of several remittance firms that announced stablecoin plans after the US passed the stablecoin-friendly GENIUS Act in July. Western Union has launched its US dollar-denominated USDPT stablecoin on Solana, marking its first move into blockchain-based payments and onchain settlement for its global remittance network. One of the crypto infrastructure platforms involved...Continue Reading
Bitcoin’s recent rally to $80,000 amid improving BTC miner and options markets metrics could create a clear path to $85,000. Key takeaways: Bitcoin (BTC) surged to $80,000 for the first time in three months on Monday, triggering $270 million in liquidations across leveraged short (sell) futures contracts. This positive momentum for Bitcoin coincided with tech...Continue Reading
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