The Bitcoin (BTC) mining difficulty fell to 146.7 trillion on Friday as the network hashrate, the average of the total computing power dedicated to securing the decentralized protocol, hit an all-time high of over 1.2 trillion hashes per second. BTC mining difficulty is down by about 2.7% from the all-time high difficulty level of over…
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United States President Donald Trump confirmed on Sunday that he is meeting with China’s President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in Seoul, Korea, slated to begin on October 31. “We’re going to meet in a couple of weeks. We’re going to meet in South Korea, with president Xi and other people,…
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Key points: Bitcoin can keep the bull market range in play if it reclaims $108,400 in the coming hours, says analysis. Volatility increases into the weekly close as thin order books see $200 million in 24-hour liquidations. Altcoin futures show just how traders have lost out since the last bear market bottom. Bitcoin (BTC) teased…
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Michael Saylor has once again hinted that his company, Strategy (formerly MicroStrategy), may be preparing to buy more Bitcoin, even as corporate Bitcoin treasuries face mounting pressure from a sharp drop in net asset values (NAV). In a Sunday post on X, Saylor shared a chart from the Saylor Bitcoin Tracker, showing Strategy’s cumulative Bitcoin…
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Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced concerns over privately controlled digital currencies. The companies were instructed by the People’s Bank of China (PBoC) and the Cyberspace Administration of China (CAC) to pause these initiatives, the Financial Times reported…
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Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes. The move would mark a major policy shift, as current supervisory guidelines, revised in 2020, effectively ban banks from holding crypto due to volatility risks, according to a Sunday…
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Renowned technical analyst John Bollinger has identified patterns in Ether and Solana charts that could suggest a big move ahead, especially if something similar happens with Bitcoin. John Bollinger has identified “potential ‘W’ bottoms” in Bollinger Bands, a volatility indicator that he invented, on Ether (ETH) and Solana (SOL) charts, but the pattern has yet…
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Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), is the largest BTC holder in the world at the time of this writing, and the wallets controlled by Satoshi took an unrealized loss of over $20 billion since the all-time high price of over $126,000 reached in early October. Nakamoto’s Bitcoin stash contains over 1 million…
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Roman Storm, a developer of the Tornado Cash privacy-preserving protocol, asked the open source software community whether they are concerned with being retroactively prosecuted by the US Department of Justice for developing decentralized finance (DeFi) platforms. Storm asked DeFi developers: “How can you be so sure you won’t be charged by the DOJ as a…
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Current laws in the United States do not explicitly protect open source software developers and create the risk of retroactive prosecution. Source link