Bitcoin (BTC) has endured a 14-month bear market against gold, with the BTC/gold ratio and momentum indicators at historic lows that previously marked cycle bottoms. Key takeaways: The BTC/GOLD ratio is at historic lows as multiple indicators hint at a cycle bottom. Bitcoin price must hold $70,000 to avoid a deeper drop over the coming…
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The quantum risk to Bitcoin investors is real, but not all wallets are vulnerable, and the people best positioned to address it are working on it, says Galaxy Digital research analyst Will Owens. Owens said in a report on Thursday that, in theory, a quantum computer could derive private keys from public keys, allowing an…
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US authorities say the co-founder of Super Micro Computer, Inc. has been charged and arrested over an alleged multi-billion dollar scheme to smuggle advanced artificial intelligence chips from the US to China. The Justice Department said in a statement on Thursday that it had unsealed an indictment charging Yih-Shyan “Wally” Liaw, as well as Super…
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Gemini is facing a proposed class-action lawsuit in New York for allegedly misleading investors during and after the crypto exchange’s September initial public offering. The lawsuit was filed on Thursday in Manhattan federal court by shareholders against Gemini, its co-founders Tyler and Cameron Winklevoss, and company executives. Plaintiff Marc Methvin alleges that the company’s IPO…
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Bitcoin (BTC) dropped below $69,000 on Thursday, pulling the price back into its six-week range just days after tapping range highs above $76,000. The pullback coincides with an increase in selling from Bitcoin futures markets and stalling demand from US-based investors, but the chance for a rebound rally remains. A recurring chart setup indicates that…
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US Securities and Exchange Commission (SEC) Chair Paul Atkins has clarified how the agency intends to approach digital asset regulation following an interpretative notice issued this week. In prepared remarks for a Thursday speech at the Practising Law Institute, Atkins said that the SEC would take a different approach to digital assets than its previous…
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Kentucky House Bill 380, a state-level crypto regulatory bill, includes provisions that would force crypto hardware wallet manufacturers to build a “backdoor” into devices, Bitcoin (BTC) advocacy organization Bitcoin Policy Institute (BPI) has warned. The provisions require crypto hardware wallet manufacturers to provide recovery options for users’ seed phrases, and were added to the bill…
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Bitcoin’s (BTC) rally to $76,000 revived market optimism for investors, but onchain data suggested that the move may still be part of an early-stage recovery defined by frequent periods of price volatility. According to Glassnode, BTC price has entered a relatively “open” zone between $72,000 and $82,000, where there’s less resistance. This range is particularly…
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Bitcoin (BTC) price support could “fail” by the weekly close in a major blow to Bitcoin bulls, analysis warns. Key points: BTC price downside versus local highs at $76,000 nears 10%. Bitcoin brings its 200-week trend line back into focus, but little hope remains that it will rescue price. A trader warns of “months” of…
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A new Bitcoin-based finance protocol called Hashi has been introduced on the Sui blockchain, with early participation commitments from crypto institutions including BitGo, Bullish and FalconX ahead of its planned launch later this year. According to an announcement shared with Cointelegraph, Hashi is designed to let Bitcoin holders earn yield on native Bitcoin (BTC) through…
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