Bitcoin (BTC) continued its battle to reclaim $60,000 into the weekend as chart cues fueled hopes of a recovery. Key points:Bitcoin RSI signals spark comparisons to the end of the 2022 bear market as a bullish divergence filters through.Analysis...
Fidelity Digital Assets has pushed back against concerns that Bitcoin’s long-term security will deteriorate as mining rewards decline, arguing in a new research report that the network’s economic incentives remain sufficient to secure the blockchain over time.The report,...
A bipartisan pair of US senators has called on the Commodity Futures Trading Commission to investigate the prediction market platform Polymarket after it reportedly paid social media influencers to make videos of fake bets.Republican Senator John Curtis and...
Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus the company on areas including trading, stablecoins and artificial intelligence.“Today I'm sharing a hard decision: we are reducing...
US-based prediction market platform Kalshi is reportedly in talks to raise funds at a $40 billion valuation, nearly doubling its $22 billion valuation in May.The company could close the new funding round as soon as the third quarter...
Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers by taxing staking rewards, or just rely on wealthy Ether...
Key takeaways:The Bitcoin funding rate climbed to 7%, showing confidence, but spot ETF outflows keep a $70,000 breakout on hold for now.Strong order-book bids and lower oil prices helped, but weakness across stocks, bonds, and gold signals a...
Bitcoin (BTC) returned to $64,000 on Sunday amid concerns over unreliable BTC price strength.Key points:Bitcoin brushes off US-Iran tensions despite the Strait of Hormuz being closed.A trader calls BTC price behavior "suspicious" as a result, while targets see...
One of the most successful MEV bots in crypto, Jaredfromsubway.eth, has been drained for more than $7.5 million, with an attacker exploiting the bot’s automated systems, the same ones that have netted it hundreds of millions over the...
The S token, the native utility asset behind the Sonic blockchain, dipped on Friday after Sonic Labs announced the resignation of three former executives from its board. The S token fell to 0.031, down 5% over 24 hours. The...