Cryptocurrency
US DOJ sentences man to 70 months in prison for role in $263M scam group
The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.
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Cryptocurrency
Crypto is built for AI agents, not humans, according to Alchemy’s CEO
The modern financial system was never designed for machines. It was built around the constraints of human life: geography, sleep cycles, paperwork, and physical presence. But as AI agents begin to act as economic participants, that human-centric design is...
Cryptocurrency
The Domain Satoshi May Have Dropped: E-cash.org Predates Bitcoin.org by 29 days
Key Takeaways: Historians like Gwern Branwen link e-cash.org, registered July 20, 2008, to Satoshi Nakamoto based on timing with bitcoin.org. The domain was registered 29 days before bitcoin.org, matching Satoshi’s private draft file named ecash.pdf. The domain remains...
Cryptocurrency
CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these...
Cryptocurrency
Bitcoin Traders Double Down On Bearish Bets Amid Consolidation – What This Means For Price
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing...
Cryptocurrency
Hyperliquid Whale Shorts Bitcoin, Is A $75K Retest Incoming
Key takeaways:A whale linked to asset manager Fasanara Capital holds a $38 million crypto short position, but will it impact Bitcoin’s price?Negative futures funding rates at Binance and Bybit point to unusual demand for bearish positioning despite BTC’s recent...
Cryptocurrency
U.S. CFTC adds New York to string of states its suing to stop prediction market pushback
The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms.Earlier this week, New York sued Coinbase and...
Cryptocurrency
Bitcoin Is Existing Exchanges At An Alarming Rate, But How Are BTC Investors Faring In Terms Of Profit?
Bitcoin’s exchange reserves have been dwindling massively in recent days. Coins are moving off exchanges at a steady pace, removing available supply ready for purchase.
Recent on-chain data from CryptoQuant shows that Bitcoin balances on exchanges continue to decline and...
Cryptocurrency
China’s new online marketing rules tighten ban on crypto promotions
China’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and the UK.
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Cryptocurrency
BTC price, U.S. dollar move in near-perfect opposition. It hasn’t been this extreme in almost 4 years.
For bitcoin BTC$78,187.18 traders, the direction of the Dollar Index (DXY), a measure of the greenback's strength against a basket of other currencies, hasn’t mattered this much in nearly four years.That’s because the 30-day correlation coefficient between the two...
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Trump cancels US envoys’ trip to Pakistan for talks on Iran war
Iran had earlier said there were no plans for a direct meeting with a US delegation led by Steve...