After years of lagging behind global competitors, the US may finally be catching up on crypto policy, according to Senator Cynthia Lummis. In the latest episode of “Decentralize with Cointelegraph,” the Wyoming senator said recent developments mark a turning point. Milestones and progress “There were at least two significant milestones,” Lummis said, referring to last week’s…
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Corporate adoption of Bitcoin is accelerating, with 35 publicly traded companies now holding at least 1,000 BTC each, signaling growing institutional interest in the world’s largest cryptocurrency. Demand for Bitcoin (BTC) soars among public companies four months after US President Donald Trump’s executive order outlined the creation of a federal Bitcoin reserve for the world’s…
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Nigeria’s Securities and Exchange Commission (SEC) Director-General Emomotimi Agama said the country is open to stablecoin businesses that comply with local regulations. According to a Thursday report by English-language local news outlet, The Cable, Agama said stablecoin companies that comply with local regulations are welcome in Nigeria. “Nigeria is open for stablecoin business, but on…
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An Arizona woman was sentenced to more than eight years in federal prison for helping North Korean operatives infiltrate US cryptocurrency and tech firms using stolen identities and fraudulent documents. According to a Thursday announcement by the US Attorney’s Office for the District of Columbia, Christina Marie Chapman was convicted of wire fraud conspiracy, aggravated…
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Key takeaways: A whale bet $23.7 million targeting Bitcoin at $200,000 by year-end, signaling strong bullish conviction. Analysts say Bitcoin remains bullish, but $115,000 will be key for uptrend continuation. Bitcoin (BTC) took out bid liquidity on Friday as an unknown trader made a significant bullish bet targeting a BTC price of $200,000 by the…
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A long-dormant Bitcoin whale from the Satoshi era has transferred more than $1.1 billion worth of Bitcoin to centralized exchanges in recent hours, raising concerns of a possible market correction during a typically low-liquidity weekend. After holding their stash since 2011, the Satoshi-era whale, or large cryptocurrency investor, first transferred 40,000 Bitcoin (BTC) worth over…
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Key points: Bitcoin market upheaval continues as Galaxy Digital moves thousands of BTC to exchanges. RSI values collapse to rare lows before printing bullish divergences with price. $117,000 emerges as an important BTC price upside target. Bitcoin (BTC) is showing signs of recovery after “oversold” conditions hit rare lows Friday. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView…
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US investors poured more into spot Ether exchange-traded funds than their Bitcoin counterparts over the last six trading days, as institutional interest in Ethereum surged this week. Spot Ether ETFs recorded a net inflow of nearly $2.4 billion in the past six trading days, far above spot Bitcoin ETFs, which recorded only $827 million during…
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Bitcoin’s layer-2 scaling platform, Lightning Network, could see a surge in stablecoin volume over the next couple of years, driven by increased retail and institutional adoption, according to industry experts. Speaking to Cointelegraph, Graham Krizek, founder and CEO of Lightning Network payments provider Voltage, said increased adoption of the layer-2 network will see it handle…
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More than half a billion in long positions were liquidated across the crypto market on Friday as the price of Bitcoin slipped below $116,000 amid a broader market tumble. According to CoinGlass data, $585.86 million in long positions were liquidated, with Bitcoin (BTC) accounting for $140.06 million of that total as it dropped 2.63% to…
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