Update Oct. 24, 4:56 pm UTC: This article has been updated to include comments from an Ocean Protocol Foundation spokesperson. The feud between Fetch.ai and Ocean Protocol Foundation may be drawing to a close as the two sides look to reach a middle ground without escalating into a full-blown legal battle. On Thursday, Fetch.ai said…
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The Latin American region is tapping into blockchain-based services for payments and access to financial services, signaling that the crypto industry serves more than just financial speculators chasing the next memecoin pump. Latin American citizens are increasingly using cryptocurrency to replace the region’s inadequate banking infrastructure, allowing them to facilitate digital payments and create stablecoin-based…
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The European Union adopted its 19th sanctions package against Russia, introducing restrictions on cryptocurrency platforms for the first time since the war in Ukraine began. The measures, adopted Thursday, prohibit Russia-based crypto payment providers and the distribution of related payment software across the bloc. The sanctions also target Russian energy firms, banks, and entities in…
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Japan’s new Prime Minister, Sanae Takaichi, announced a package of economic stimulus measures on Tuesday to ease the impact of inflation on households. The move, some crypto observers say, could drive more capital into Bitcoin. The stimulus measures include subsidies for electricity and gas charges, as well as regional grants to ease price pressure and…
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Bitcoin may still be on track to reach $200,000 by the end of the year, even after a record $19 billion market liquidation and renewed tariff threats from US President Donald Trump, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick. The crypto market experienced a record $19 billion liquidation event on…
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The $11 billion Bitcoin whale is back with another massive short position, signaling that some large investors are hedging for more crypto market downside amid the tariff concerns and ongoing government shutdown. The Bitcoin whale, which is crypto slang for a large investor, returned with a $235 million 10-times leveraged short position on Bitcoin (BTC),…
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The US Federal Reserve is considering the introduction of a new type of payment account that would make it easier for smaller companies to participate in the central bank’s payment system, signaling the end of the crypto industry’s banking access challenges. The newly floated “payment accounts” would seek to grant full access to fintech companies…
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Bitcoin’s four-day drop to $104,000 triggered what analysts call a “defensive rotation” among crypto investors, but onchain data suggests the correction was a healthy reset rather than the start of a broader market crash. Bitcoin (BTC) experienced a four-day crash last week, falling from $115,000 on Oct. 14 to a four-month low of $104,000 by…
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Elon Musk’s aerospace company SpaceX moved $257 million worth of Bitcoin, its second large-scale transfer in three months, prompting speculation about a potential sale as the company faces mounting financial and political pressure. SpaceX transferred the Bitcoin (BTC) on Tuesday, marking the company’s first wallet movements since July. The SpaceX-labelled wallet “1MDyM” transferred $130 million…
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Nasdaq-listed Bitcoin mining company CleanSpark’s shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence. CleanSpark, the fifth-largest Bitcoin (BTC) mining company by market capitalization, announced a new strategy to expand into AI data center infrastructure, aiming to diversify its revenue streams and strengthen long-term cash flow potential. To…
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