Key takeaways: Bitcoin bears hold strong incentives below $114,000, likely intensifying pressure ahead of the options expiry. AI-sector spending concerns add turbulence and weigh on investors’ broader risk appetite. A total of $13.8 billion in Bitcoin (BTC) options are set to expire on Aug. 29, a moment many traders believe could determine whether the recent…
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Tornado Cash co-founder Roman Storm, found guilty on one felony count in August, may be closer to avoiding a possible retrial on additional charges following a statement from a Justice Department official. Speaking at a Thursday summit in Wyoming organized by the cryptocurrency advocacy organization American Innovation Project, Matthew Galeotti, the acting assistant attorney general…
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Key takeaways: BTC’s 700% rally from $15,500 to $124,500 suggests a market top in 2 to 3 months, based on past cycles. Bitcoin supply in profit has been elevated for 273 days, signaling a potential cycle peak soon. Bitcoin risks dropping into the $90,000-$100,000 range if the psychological support at $110,000 is lost. Bitcoin (BTC)…
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Key points: Bitcoin has a new make-or-break price point to monitor into the weekly close: $114,000. Bid liquidity lines up below local lows as BTC market structure risks looking “weak.” Fed rate-cut odds fall for September despite a US-EU trade deal. Bitcoin (BTC) saw volatility at Thursday’s Wall Street open as markets digested a US-EU…
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Tokenization adoption may solve some of the systemic inefficiencies identified in Latin American capital markets and accelerate investment and capital flow in the region, according to Bitfinex Securities. Systemic inefficiencies, including high fees, complex regulations and structural issues such as technological barriers and high startup costs, are slowing investment and hindering capital flow into Latin…
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Leading stablecoin issuers Tether and Circle are expected to meet with top executives from South Korea’s largest banks this week, according to local media. South Korea’s state-funded Yonhap News Agency reported Thursday that representatives from Tether and Circle are scheduled to meet with the top executives of South Korea’s four major financial groups. The executives are…
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For years, Washington was considered hostile territory for the cryptocurrency industry. Regulatory crackdowns, lawsuits and policy uncertainty drove many builders overseas and left advocates fighting uphill battles on Capitol Hill. But as Kristin Smith, president of the Solana Policy Institute, explains in the latest episode of the Clear Crypto Podcast, the tide has turned in…
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Opinion by: Boris Bohrer-Bilowitzki, CEO of Concordium The recent push to protect minors when it comes to adult content has been much needed. Having now taken effect in the UK, this ongoing movement is not slowing down, with other European markets and the US facing the same restrictions. As websites have instituted age verification software,…
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As US President Donald Trump’s tariffs create an unpredictable trade environment, some members of his administration have been investing in sectors influenced by his policies, including Bitcoin (BTC). On Tuesday, the Trump administration announced it would extend the tariff delay on China. At the same time, the United States Commerce Department will introduce aluminum tariffs…
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Nasdaq-listed Hong Kong construction firm Ming Shing Group Holdings said Wednesday it has entered into an agreement to acquire 4,250 Bitcoin for nearly $483 million, joining the wave of companies adding the cryptocurrency to their treasuries. If successful, the deal would make Ming Shing Hong Kong’s top Bitcoin (BTC) treasury according to BitcoinTreasuries.NET data, surpassing…
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