Elon Musk’s X has hired crypto-native product designer Benji Taylor as its new head of design, ahead of a wider rollout of the platform’s X Money payments product next month. Taylor announced the move on X on Wednesday, saying he was “honoured” to join the company and looking forward to working closely with Musk and …
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Crypto analyst Benjamin Cowen believes Bitcoin (BTC) will face another significant leg down. In a new video, Cowen challenges the popular comparison between Bitcoin’s current price action and its March recovery patterns, suggesting a more bearish parallel to 2022. “You could argue that we’re more like right here rather than in March… Bitcoin didn’t go …
Irish authorities have successfully accessed millions in previously locked Bitcoin, marking a major breakthrough in a long-running criminal asset seizure case. According to the Irish Times, Ireland’s Criminal Assets Bureau (CAB), with support from Europol, managed to open one of 12 cryptocurrency wallets seized in 2019. The wallet contained roughly 500 Bitcoin worth about $35.5 …
Investigators have frozen about $1.2 million as efforts continue to trace funds lost in a wallet breach linked to a seed phrase compromise. Bo Shen, the co-founder of venture capital firm Fenbushi Capital, offered a bounty to recover about $42 million in digital assets stolen from his personal wallet in a 2022 hack. Shen said …
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The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians. Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry into foreign financial interference in the UK’s political and electoral systems, recommended a moratorium on crypto donations to political …
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Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill. Coinbase representatives told Senate lawmakers in a meeting Monday that they had concerns over the language around stablecoin yields in the new compromise version of the bill, Punchbowl News reported …
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US lawmakers have introduced a bill aiming to ban members of the US Congress, the president and other high-ranking government officials from wagering on prediction markets. The proposed bill, a bipartisan effort from US Representative Adrian Smith and Representative Nikki Budzinski, was introduced on Tuesday and is called the Preventing Real-time Exploitation and Deceptive Insider …
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Crypto entrepreneur Nic Carter has urged Bitcoin developers to catch up on quantum resistance or risk losing out to Ethereum, which already has a post-quantum roadmap. Elliptic curve cryptography (ECC) is the math that keeps Bitcoin (BTC) secure. Users pick a secret number (private key) and, using a special curved line and simple multiplication rules …
Continue reading “Bitcoin’s quantum-resistance lag may become Ethereum’s bull case: Nic Carter”
Bitcoin Depot has named the former CEO of payments giant MoneyGram as its new boss amid mounting regulatory pressure from US states over crypto ATM’s use in scams and money laundering. The company said on Tuesday that Scott Buchanan had immediately stepped down as CEO, a role he served in for less than three months …
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A Texas court has dismissed a lawsuit filed by crypto developer Michael Lewellen, seeking a declaratory judgment that his software, Pharos, which facilitates donations to charitable crowdfunding campaigns, won’t be prosecuted for violating money-transmission laws. Chief US District Judge Reed O’Connor dismissed the case on Wednesday, finding that Lewellen had failed to demonstrate a credible …
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Google has set a 2029 deadline for its post-quantum cryptography (PQC) migration, warning that “quantum frontiers” could be closer than they appear. On Wednesday, Google said rapid progress in quantum computing hardware and quantum error correction, along with updated estimates of how quickly a quantum machine could break today’s encryption standards, has heightened the urgency …
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Bitcoin price started a recovery wave above $70,000. BTC is now consolidating above $70,200 and might aim for a steady increase if it clears $71,650. Bitcoin started a decent recovery wave above $69,800 and $70,200. The price is trading above $70,200 and the 100 hourly simple moving average. There is a bullish trend line forming …
Continue reading “Bitcoin Price Hits Barriers, Can Bulls Overcome Key Resistance Levels?”
The Ethereum price has jumped back above $2,100 despite broader market volatility, driven by aggressive whale accumulation and tightening supply. However, recent updates reveal that whales are now selling their ETH, likely taking profit after prices recovered slightly. The key question now is whether this increased selling pressure could trigger a decline in Ethereum, potentially …
Continue reading “Will Ethereum Price Crash Below $2,000 Again Amid Whale Sell-Offs”
Bitcoin remains locked in a tight range, leaving traders uncertain about its next major move. With strong resistance overhead and key support still holding below, the market is approaching a decisive moment. Whether BTC breaks out into a new rally or slips into another leg down will largely depend on how it reacts around these …
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Bitcoin’s miner supply picture remains tighter than in past cycles, but not tight enough to call it a true supply shock. New data from Axel Adler Jr.’s latest Bitcoin Morning Brief suggests miners still retain a meaningful over-the-counter reserve even as exchange-directed selling pressure stays elevated. Bitcoin Miners Flash Mixed Signal Adler’s core argument rests …
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