Former US Commodity Futures Trading Commission (CFTC) member and US President Donald Trump’s pick to chair the agency, Brian Quintenz, may not face a vote in the Senate after reports suggested Trump was considering other candidates for the job. According to a Wednesday Semafor report, the Trump administration was vetting Josh Sterling, a former director…
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Bitcoin Core’s next major upgrade has reignited old tensions in the community, pitting developers who want a neutral, fee-driven network against purists who see non-financial data as spam. Bitcoin Core v30, expected in October, will remove the 80-byte cap on OP_RETURN, the part of a transaction script that allows users to embed arbitrary data. Bitcoin…
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Key points: Bitcoin price wars between bulls and bears continue as traders line up end-of-month BTC price targets. These include a return to $107,000 or lower before a rebound. Volatility is expected as Bollinger Band readings reach historically “tight” levels. Bitcoin (BTC) stayed rangebound at Wednesday’s Wall Street open as traders eyed a giant $17.5…
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Opinion by: Maksym Sakharov, group CEO at WeFi The crypto industry has been focused on the same markets: the United States and the European Union. The conversation has mainly concerned regulatory clarity, speculative gains and institutional access, whether Silicon Valley’s venture capital firms or Wall Street’s exchange-traded fund issuers. Unfortunately, this fixation is blinding much…
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The digital euro, the European Union’s long-planned central bank digital currency (CBDC) project, is facing delays, with its launch now expected around mid-2029. The EU’s digital euro could become a reality in 2029, European Central Bank Executive Board member Piero Cipollone said in a Bloomberg Future of Finance event Tuesday in Frankfurt. “The middle of…
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The cryptocurrency market may experience its first extended cycle due to more institutional capital and trading products in the Web3 industry, making digital asset investments more accessible. Some investors predict a crypto “supercycle” that may invalidate the theory of the four-year crypto market cycle related to the Bitcoin (BTC) halving, and see digital asset valuation…
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Crypto exchange Kraken has pledged $2 million to two politically aligned groups as part of what it calls an ongoing battle to defend core crypto freedoms in the US. In a Tuesday post on X, Kraken co-CEO Arjun Sethi announced that the exchange will donate $1 million to the Freedom Fund PAC and increase its…
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Key takeaways: Bitcoin whales sold 147,000 BTC over the past 30 days. BTC price bear flag targets $100,000 if support breaks. Bitcoin (BTC) whales have offloaded roughly 147,000 BTC over the past month, and continued selling could further pressure its price for the next few weeks, according to analysts. Large investors offload $16.5 billion in…
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Bitcoin will start to gain again toward the end of the year, after facing upward pressure from growing corporate and institutional interest, says Strategy executive chairman Michael Saylor. Saylor told CNBC’s Closing Bell Overtime on Tuesday that corporate adoption of Bitcoin (BTC), along with the consistent acquisition of Bitcoin by large exchange-traded fund (ETF) funds…
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A key technical indicator for Bitcoin has squeezed to its tightest ever level amid low volatility, which analysts say usually precedes a large breakout and volatility spike. “Bitcoin’s weekly Bollinger Bands are now the tightest in history,” the popular crypto analyst “Mr. Anderson” wrote on X on Tuesday, referring to the technical indicator that shows…
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