A majority of lawmakers in the US Senate voted to confirm Jonathan McKernan as Under Secretary for Domestic Finance at the Department of the Treasury. In a Tuesday vote of 51 to 47, the Senate confirmed McKernan to the US Treasury, serving under Secretary Scott Bessent. Though the US government has been shut down since…
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Key takeaways: Bitcoin’s net taker volume has rebounded from extremely bearish to neutral levels. Onchain and market data indicate controlled profit-taking, not panic selling. Binance data shows Bitcoin’s strongest buying momentum since July. Bitcoin (BTC) price stabilized above $120,000 after sharply correcting from its all-time high on Tuesday. As buyers step back in, spot and…
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Key points: Bitcoin experienced profit booking on Tuesday, but the shallow pullback suggests that the bulls are not rushing to the exit, as they anticipate the uptrend to continue. Many altcoins rebounded off their support levels, indicating buying at lower levels. Bitcoin (BTC) turned down sharply on Tuesday, but the bears could not pull the…
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A new poll conducted by consultancy company McLaughlin and Associates suggested that issues related to digital assets could have a significant impact on the 2026 US midterm elections. According to the results of a survey released on Wednesday by the crypto advocacy organization Digital Chamber, the majority of a group of 800 respondents — 64%…
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Square, the payments processor owned by Jack Dorsey’s Block Inc., has launched a new feature enabling local businesses to accept Bitcoin at the point of sale and hold the digital asset in an integrated wallet — a move that could help advance Bitcoin’s use as a medium of exchange. Announced on Wednesday, the new Square…
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Overview of Satoshi’s background holdings Bitcoin was created in 2009 by the pseudonymous Satoshi Nakamoto, whose identity remains unknown. Between 2009 and 2011, Satoshi mined an estimated 1.1 million-1.5 million BTC — now worth over $100 billion — which has never been moved. Satoshi’s massive Bitcoin (BTC) holdings were mined in Bitcoin’s early days, when…
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Cryptocurrency exchange Coinbase said New York residents are now able to stake their assets following approval from state regulators. In a Wednesday blog post, Coinbase said its users could begin earning rewards from staking in Ether (ETH), Solana (SOL), and other assets. The company credited New York Governor Kathy Hochul for “embracing progress and providing…
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Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association It is no secret that Dubai has been aggressively challenging its Asian counterparts for the crown of becoming the world’s next crypto capital. Beneath the gleaming air-conditioned skyscrapers, where supermodels are everywhere at crypto events and pilot blockchain programs, a complex grand strategy is…
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Kazakhstan, an emerging cryptocurrency hub in Central Asia, has been cracking down on illicit activity in the cryptocurrency sector, shutting down dozens of crypto platforms this year. Kazakhstan’s Financial Monitoring Agency (AFM) has taken down 130 crypto platforms involved in money laundering schemes this year, a spokesperson for the agency told Cointelegraph on Wednesday. The…
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A Bitcoin whale that held about $11 billion in BTC before rotating more than $5 billion of the stash into Ether two months ago has returned to the cryptocurrency market, with another $360 million Bitcoin transfer. The whale address transferred $360 million worth of Bitcoin (BTC) into decentralized finance (DeFi) protocol Hyperunit’s hot wallet “bc1pd”…
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