Block’s proof-of-reserves will enable anyone to verify the company’s 8,883 Bitcoin stash worth over $680 million through an on-chain signature. Online payments firm Block has launched proof-of-reserves for its corporate Bitcoin treasury and two of its flagship products, Cash App and Square, joining a growing list of crypto companies proving their holdings onchain. “People shouldn’t...Continue Reading
Bitcoin’s ascending channel setup and rising stablecoin inflows suggest improving liquidity conditions could support a push toward higher price levels. Bitcoin (BTC) has rebounded more than 28% from its February low below $60,000, and a mix of technical, liquidity, and on-chain signals suggests the recovery may still have room to run. BTC/USD daily chart. Source:...Continue Reading
Democrats seeking to crack down on the Trump family’s crypto empire have found an ally in Republican Thom Tillis, who supports ethics provisions in a key crypto bill. Republican US Senator Thom Tillis said he won’t support the Senate’s crypto market structure bill unless it includes ethics provisions limiting how White House officials can use...Continue Reading
Visiting the fake login website alone isn’t enough for hackers to gain entry to accounts. However, entering sensitive information such as passwords could grant them access. Robinhood users are being warned about a new phishing attack that takes advantage of Gmail’s native “dot alias” feature and flaws in Robinhood’s account creation process to send malicious...Continue Reading
Jump Crypto, the team behind Firedancer, said Falcon has the smallest signature among NIST standards, which could help preserve Solana’s high-throughput capabilities. Two of Solana’s most-used validator clients have implemented a test version of a new post-quantum signature solution, Falcon, to help prepare the Solana network for future quantum threats. In an announcement on Monday,...Continue Reading
As part of its launch, the MARA Foundation has asked the community to vote on which of three Bitcoin companies should receive a $100,000 contribution. Bitcoin miner MARA Holdings launched the MARA Foundation on Monday to support the health of the Bitcoin network and the communities that rely on it as a tool for financial...Continue Reading
Bitcoin pulled back to retest $76,500 as support, but the long-to-short delta indicates bulls have a significant advantage if the range highs are reclaimed. Bitcoin bulls fell $515 short of their $80,000 target after BTC (BTC) topped out at $79,485 on Monday, but a potential upside is that the brief pullback provides a necessary retest...Continue Reading
Bitcoin failed to overcome $79,000, but a potential bear trap formed as $1.4 billion in short positions face liquidation at $80,000. Will spot market demand be the trigger? Key takeaways: Bitcoin (BTC) price sustained levels above $76,000 for the past week, distancing itself from its year low at $60,500. The recent bullish momentum came as...Continue Reading
Ether charts flash an ominous triple-top pattern as ETH fails to overcome $2,400. Will bears maintain control over the altcoin’s price action? Ether (ETH) fell 3.4% to $2,287 on Monday, after its fourth rejection at the $2,400 level since April 14. The price continues to trade below the 100-day moving average, with over $2.5 billion...Continue Reading
The approval of the BILS stablecoin issued by Israeli exchange Bits of Gold came after a two-year pilot program on the Solana blockchain. Israel’s Capital Market, Insurance and Savings Authority has greenlit the launch of a shekel-pegged stablecoin by the virtual exchange exchange Bits of Gold. In a Monday notice, the Israeli regulator said that...Continue Reading
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