Privacy messaging app Signal has said it may exit Canada if forced to comply with the country’s proposed lawful access bill, which would require companies to build technical surveillance capabilities that some argue could threaten end-to-end encryption. In an interview with Canadian news outlet The Globe and Mail on Thursday, Signal’s vice president of strategy …
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Australia’s proposed changes to capital gains tax could lead to smaller profits for cryptocurrency traders, especially low-income earners, and could discourage “patient investing,” according to several crypto executives. The proposed reform, announced by the ruling Labor Party on Tuesday as part of its fiscal year 2027 budget, will bring in a minimum 30% tax on …
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Crypto exchange Kraken announced Thursday that it had changed its cross-chain provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, joining a number of protocols that have made the move following the Kelp DAO exploit in April. Kraken said it is deprecating its existing cross-chain provider and migrating to Chainlink CCIP as its exclusive cross-chain infrastructure …
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Strategy’s perpetual preferred stock, STRC, the company’s primary vehicle for funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday. “All-time high volume. $1.53B of liquidity,” chairman Michael Saylor said, referring to Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock. Stretch offers investors an 11.5% dividend …
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Crypto company Gemini reported a 42% year-over-year increase in revenue in Q1 2026 as it continued its growth from a pure crypto exchange to a financial services company. Total revenue for the Winklevoss twins’ company grew 42% year over year to $50.3 million in the first quarter, while transaction revenue remained stable at $24 million, …
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Crypto data company Dune said it is laying off 25% of its workforce, citing a need to restructure its business to focus on its core products. “We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on,” Dune co-founder and CEO Fredrik Haga posted to …
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Shares in Bitcoin-focused Strive closed 5.8% higher on Thursday after the company said it will become a “Daily Dividend Company” and revealed it eliminated all debt in the first quarter of 2026. The Vivek Ramaswamy-founded company said the Variable Rate Series A Perpetual Preferred Stock, ticker SATA, will start paying dividends every business day beginning …
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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
Continue reading “Bitcoin Falls Below $80,000: Coinbase Sellers To Blame?”
Market maker giant Jane Street is again drawing intense attention in crypto markets, with experts claiming the firm’s “next target” may now be Ethereum (ETH). The speculation comes after reports that Jane Street made several major adjustments to its positions during the week, following months of scrutiny tied to alleged trading manipulation connected to Bitcoin …
Continue reading “The Jane Street Agenda? Ethereum (ETH) Identified As Next Key Target By Experts”
Bitcoin price started a fresh increase and cleared the $80,500 zone. BTC is consolidating and might aim for more gains above the $82,000 level. Bitcoin managed to stay above $78,800 and started a fresh increase. The price is trading above $80,500 and the 100 hourly simple moving average. There was a break above a bearish …
Continue reading “Bitcoin Price Spikes Higher, But Consolidation Pattern Remains Intact”
Bitcoin’s latest push has run into a difficult stretch, with the price falling back under the $80,000 mark in the past 24 hours. This context gives more weight to a new quarterly chart analysis that places the most important levels much lower than the current price. According to the analyst, Bitcoin may continue to move …
Morgan Stanley alone manages roughly $7 trillion in client assets. If its advisers shift even 3% of that into Bitcoin, the math gets staggering fast. That scenario sits at the heart of what financial adviser Ric Edelman calls a potential “flywheel effect” — a chain reaction of institutional money that could send Bitcoin soaring past …
Continue reading “Bitcoin To $150,000? Investor Says Clarity Act May Ignite Massive Rally”
United Kingdom politician Nigel Farage, the leader of the Reform Party, purchased a property valued at 1.4 British pounds ($1.8 million) after receiving a 5 million pound ($6.7 million) “personal gift” from crypto billionaire Christopher Harborne. The real estate deal closed in May 2024, several weeks before Farage announced that he was running for office …
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The $9 billion endowment of Ivy League university Dartmouth College reported new investments with exposure to cryptocurrencies, increasing the digital assets in its portfolio since January. In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $3.3 million worth of the …
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A US federal judge has sentenced the former chief revenue officer of defunct cryptocurrency lending platform Celsius to time served after almost three years following his arrest on fraud and conspiracy charges. In a sentencing hearing in the US District Court for the Southern District of New York on Wednesday, Judge John Koeltl ordered that …
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