While Coinbase CEO Brian Armstrong has become the latest crypto executive to predict Bitcoin to reach $1 million by 2030, one crypto analyst warns investors should not get ahead of themselves after Bitcoin fell to $112,676 this week, retreating 9% from its all-time high. The US is a “bellwether for the rest of the G20”…
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US Federal Reserve Governor Christopher Waller told his peers and the private banking sector that there’s “nothing to be afraid of” about crypto payments despite it operating outside the traditional banking system. “There is nothing scary about this just because it occurs in the decentralized finance or DeFi world — this is simply new technology…
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A US judge has unfrozen $57.6 million in USDC (USDC) stablecoins tied to the Libra token scandal in February, giving memecoin promoter Hayden Davis and former CEO of the Meteora decentralized exchange Ben Chow access to the funds. US judge Jennifer L. Rochon froze the funds in May as part of a hearing in a…
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Cameron and Tyler Winklevoss, co-founders of cryptocurrency exchange Gemini, said they had sent more than $21 million worth of Bitcoin to a political action committee (PAC) with the expressed intention of helping US President Donald Trump’s crypto agenda with a Republican majority in Congress. In a Wednesday X post, Tyler Winklevoss said they contributed more…
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Panelists at the Wyoming Blockchain Symposium said it is not too late for the United States to catch up to the crypto regulatory frameworks in other regions, but warned that inaction might lead to stagnation and the US falling behind other countries. “I don’t think it’s too late, even with the Markets in Crypto Assets…
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Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination.…
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Key points: Bitcoin’s drop has resulted in net outflows from BTC ETFs on Tuesday, but buyers are likely to step in and arrest the decline near $110,530. Ether bulls are trying to flip the $4,094 level into support, indicating a positive sentiment. Bitcoin (BTC) is attempting to bounce off the immediate support near $112,000, but…
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The US-led trade war is having major repercussions for the Bitcoin mining industry, with looming disputes with Customs and Border Protection (CBP) potentially exposing American companies to massive liabilities. That was a key takeaway from The Miner Mag’s latest Bitcoin Mining Update, which examined how mining firms are navigating a complex tariff environment shaped by…
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Wyoming Senator Cynthia Lummis, one of the Republicans leading the charge in support of legislation for digital asset market structure, has said a bill will end up on US President Donald Trump’s desk “before the end of the year.” Speaking at the Wyoming Blockchain Symposium in Jackson Hole on Wednesday, Lummis said Republicans’ goals included…
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Key takeaways: Bitcoin volatility is expected to remain present ahead of Fed Chair Powell’s speech on Friday. Analysts say Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders. BTC price may drop as low as $110,000 if key support levels are broken. Bitcoin (BTC) has been trending down alongside the broader crypto market…
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