Cointelegraph.com News (RSS Feed) 2 months ago

Bitcoin falls to $83.4K as gold bugs take profit and AI stocks sell off <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWZjZTQtNDhkNS03MGVlLThlZTgtZDllM2NlYjhjMWFi.jpg">Futures market liquidations, a sharp sell-off in US stocks and limited progress on talks to fund the US government are taking a toll on Bitcoin price today. Is $80,000 the next stop for BTC?

Cointelegraph

BTC Slips to Yearly Low as Leverage Unwinds Below $85K

Bitcoin’s correction to $83,400 may deepen if the sell-off in BigTech and AI stocks accelerates. Should traders prepare for a retest of the $80,0...

Cointelegraph.com News (RSS Feed) 2 months ago

US CFTC to partner with SEC on agency's ‘Project Crypto‘ <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzBiMjYtMWM2MC03YmEwLTk2OTYtYzE1OTUwYzVmNWZiLmpwZw==.jpg">CFTC Chair Michael Selig and SEC Chair Paul Atkins held a joint agency event on Thursday to discuss harmonization on crypto regulation.

Cointelegraph

US CFTC to Partner with SEC on Agency

A discussion between US financial agencies on crypto regulation included CFTC Chair Michael Selig announcing a deeper collaboration with the SEC am...

Cointelegraph.com News (RSS Feed) 2 months ago

SEC, CFTC strike cooperative tone ahead of White House crypto meeting <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmU4MzEtMTQ5Yi03NjlmLTgzMmQtZWU1NDU1ZjQ2YjJkLmpwZw==.jpg" alt="SEC, CFTC strike cooperative tone ahead of White House crypto meeting">SEC Chair Paul Atkins and CFTC Chair Mike Selig spoke on CNBC on Thursday as debate continues over stablecoin yield in the CLARITY Act.

Cointelegraph

SEC, CFTC Strike Conciliatory Tone Ahead of CLARITY Act Talks

SEC Chair Paul Atkins and CFTC Chair Mike Selig said regulators are prepared to work with lawmakers as the White House hosts talks on Monday aimed ...

Cointelegraph.com News (RSS Feed) 2 months ago

Fintech Dakota wants enterprises to treat money like software <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjExN2QtMTczNC03ZDU5LTkyMWItM2U5ODBmMmMxN2Fm.jpg" alt="Fintech Dakota wants enterprises to treat money like software">The platform enables enterprises to use programmable stablecoins for payments and treasury while outsourcing custody, compliance and settlement.

Cointelegraph

Dakota Launches Stablecoin Platform for Enterprise Payments and Treasury

Dakota launched a stablecoin infrastructure platform that lets enterprises embed payments and payouts while outsourcing custody, compliance and lic...

Cointelegraph.com News (RSS Feed) 2 months ago

UK Lords launch stablecoin inquiry as BoE moves to finalize systemic rules <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA5ZTktMjRmNC03MDU3LWI0NzItZDQwYzY2Y2ExOThkLmpwZw==.jpg" alt="UK Lords launch stablecoin inquiry as BoE moves to finalize systemic rules">The parliamentary inquiry comes as regulators warn stablecoins could drain bank deposits and reshape payments.

Cointelegraph

UK Lawmakers Open Inquiry Into Proposed Stablecoin Rules

The House of Lords launched an inquiry into stablecoins, as the Bank of England said it aims to finalize its regulatory proposals for systemic stab...

Cointelegraph.com News (RSS Feed) 2 months ago

Single Bitcoin entity keeping BTC price 'suppressed' below $90K: Analysis <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA5ZDYtZjA3Mi03YjVjLWExYTktMGFiYzM1MTU3M2NjLmpwZw==.jpg">Bitcoin order-book analysis said that BTC price action was being held back by just one trading entity, while risking a trip to "Bearadise."

Cointelegraph

Bitcoin Risks a Trip to "Bearadise" at the Hands of a Manipulative Entity

Bitcoin order-book analysis flashes manipulation as support at $87,000 separates bulls from "Bearadise."

Cointelegraph.com News (RSS Feed) 2 months ago

Here’s what happened in crypto today <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDYvMDE5Nzk0MjMtZWY4ZS03YzYwLWI5MzctYjlkZGY3NWZlOGFk.jpg">Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Cointelegraph

Crypto Today: Alabama enacts DUMA Act granting DAOs legal status.

Today in crypto, Alabama enacts the DUMA Act, granting DAOs legal status, Drift Protocol detects "unusual activity," and the Fed

Cointelegraph.com News (RSS Feed) 2 months ago

Citrea ZK-rollup launch stress tests scarce Bitcoin block space <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA5NzUtNDNiNS03YjUyLTk0OTEtNmIwNGE2MGE1MDRmLmpwZw==.jpg" alt="Citrea ZK-rollup launch stress tests scarce Bitcoin block space">Citrea’s Bitcoin rollup has become a live experiment in whether BTC can support a full DeFi and stablecoin stack, and how much complexity Bitcoin should anchor at the base layer. https://cointelegraph.com/news/citrea-bitcoin-rollup-is-stress-testing-block-space?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Cointelegraph.com News (RSS Feed) 2 months ago

Bitcoin vs. gold: Key differences that could position BTC for a big rally <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjNkNTAtNGJjMS03ZDhjLWFjZmMtNzFiYzJlZDQ1YWJmLmpwZw==.jpg">Bitcoin has been called "digital gold," and some of its key properties may help BTC rally more than the precious metal in percentage terms.

Cointelegraph

Bitcoin Could Catch Up to Gold

A 5% shift from gold into Bitcoin could add $2 trillion to its market cap and lift BTC

Cointelegraph.com News (RSS Feed) 2 months ago

Solana validator count drops 68% as node costs squeeze smaller operators <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjI2Y2EtMDM2NC03ZTAxLTgxZjYtOTAxZGJhN2FhZTI1LmpwZw==.jpg">Solana’s validator count has dropped 68% since 2023 as rising costs and zero-fee competition push smaller node operators offline.

Cointelegraph

Solana Validators Drop 68% From 2023 Peak

Solana’s validator count fell nearly 70% from its 2023 peak, while the network’s Nakamoto Coefficient also registered a decline, signaling dece...

Cointelegraph.com News (RSS Feed) 2 months ago

Metaplanet approves $137M overseas raise to buy Bitcoin and repay debt <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjZlNTMtMDNjMC03OGNkLTljMzAtYThhNTQ5YzFhZTI5LmpwZw==.jpg">Metaplanet said proceeds will be used for Bitcoin purchases, its Bitcoin income business, and partial debt repayment as it executes its capital strategy.

Cointelegraph

Metaplanet Greenlights $137M Overseas Capital Raise

Tokyo-listed firm Metaplanet outlined a share-and-warrant structure aimed at overseas investors, combining upfront funding with potential future in...

Cointelegraph.com News (RSS Feed) 2 months ago

Hang Seng launches physical gold ETF with tokenization option <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA4YzItZDU0ZS03MjUyLTk4NGUtZmYxYjEzNWEwNjUyLmpwZw==.jpg" alt="Hang Seng launches physical gold ETF with tokenization option">Hang Seng plans to offer tokenized gold fund units recorded on public blockchains, though the product remains subject to regulatory approval and will not trade on secondary markets.

Cointelegraph

Hang Seng Taps Ethereum for Planned Tokenized Gold Fund Units

Hang Seng’s new gold ETF tracks the LBMA benchmark and holds physical bullion, while outlining plans for tokenized fund units on public blockchai...

Cointelegraph.com News (RSS Feed) 2 months ago

Ethereum loses $3K again: How low can ETH price go in February? <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA4MjAtZmNiNS03ZWExLWE2YTctMmNjMzg4OGM2YjgxLmpwZw==.jpg">ETH price charts confirmed a triangle breakdown, shifting the near-term bias lower and putting $2,250 in focus if sellers stay in control.

Cointelegraph

Ethereum Loses $3K Again: How Low Can ETH Price Go in February?

ETH confirmed a triangle breakdown, shifting the near-term bias lower and putting $2,250 in focus if sellers stay in control.

Cointelegraph.com News (RSS Feed) 2 months ago

Swiss bank Sygnum raises over 750 BTC for market-neutral fund <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA4NTktMjAwNC03OGUzLTg2NWYtYmEwN2FiNzA2MjY1LmpwZw==.jpg" alt="Swiss bank Sygnum raises over 750 BTC for market-neutral fund">Sygnum says its market-neutral BTC Alpha Fund posted 8.9% annualized returns in Q4 and raised more than 750 Bitcoin from professional and institutional investors.

Cointelegraph

Sygnum Posts 8.9% Returns In Market-Neutral Bitcoin Fund, Raises 750 BTC

The Starboard Sygnum BTC Alpha Fund raised more than 750 Bitcoin in four months and posted 8.9% annualized returns since its October launch.

Cointelegraph.com News (RSS Feed) 2 months ago

Exchange supply of ETH shrinks amid sideways price, more staking <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA3ZDctYTMzZi03OGUwLTlmMjctZTBlZDc5ZDEyNTkzLmpwZw==.jpg" alt="Exchange supply of ETH shrinks amid sideways price, more staking">The validator entry queue for the Ethereum network is jam-packed, with 3.6 million tokens lined up to be staked with a forecasted 63-day wait.

Cointelegraph

Ethereum Exchange Balances Fall as Staking Activity Accelerates

Ether held on crypto exchanges is falling as holders shift to staking, with validator queues stretching and institutional holders like Bitmine lock...

Cointelegraph.com News (RSS Feed) 2 months ago

Cere Network co-founder, board face $100M lawsuit over token sales <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA3ZmItOGRmNC03MzdjLWFhMGQtMzNjMDQxNjk4ZTkxLmpwZw==.jpg">Cere Network is facing a second lawsuit this month that accuses its co-founder and board of fraud in relation to a public token launch for the platform in 2021.

Cointelegraph

Cere Network Hit With Second Lawsuit Alleging Fraud

A Cere Network investor has sued the platform for $100 million in damages, claiming the company’s co-founder and board stole millions of dollars ...

Cointelegraph.com News (RSS Feed) 2 months ago

Gold nearly adds Bitcoin's entire market cap in a single day <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA4MTctMmYwZC03MmQ2LWFkMTYtZGY3MmUzODU1ZTkwLmpwZw==.jpg" alt="Gold nearly adds Bitcoin's entire market cap in a single day">Gold is now also outperforming Bitcoin over the last five years, having risen 173%, while Bitcoin is up only 164% over the same period.

Cointelegraph

Gold Almost Adds Bitcoin’s Market Cap in a Day

Gold has risen another 4.4% over the last 24 hours, lifting its market cap by $1.65 trillion — nearly the entire market capitalization of Bitcoin.

Cointelegraph.com News (RSS Feed) 2 months ago

Bitcoin rallies expected to be short-lived until liquidity returns: Data <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA1ZjAtYTkxNS03ZTFjLWJhNzUtZTBjM2Q3Mzk1ZDBjLmpwZw==.jpg">Bitcoin price breakouts fail to hold due to insufficient bid-side liquidity. Glassnode analysis identifies the key metrics that are likely to mark the next phase of BTC price expansion.

Cointelegraph

Liquidity Will Decide BTC

Bitcoin’s price structure has held, but onchain data shows that a longer-duration rally remains dependent on sustained capital inflows.

Cointelegraph.com News (RSS Feed) 2 months ago

SEC gives guidance on issuer vs 3rd-party tokenized securities <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA3ZDItYzQ2Ni03MGQ4LWFjYzMtN2M2YzdlMjQ3YzY1LmpwZw==.jpg" alt="SEC gives guidance on issuer vs 3rd-party tokenized securities">The US regulator has defined tokenized securities as either issuer-sponsored or third-party models, clarifying that the blockchain format doesn’t exempt assets from federal securities law.

Cointelegraph

SEC Releases New Guidance On Tokenized Securities Framework

SEC’s new statement categorizes tokenized securities as issuer or third-party-sponsored, confirming securities laws apply to both.

Cointelegraph.com News (RSS Feed) 2 months ago

Worldcoin spikes 40% as OpenAI reportedly plans biometric X rival <img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzA3ZGYtYTkwMy03MDk3LWE3MDEtM2M0NDRiMGFkNTZkLmpwZw==.jpg">A small team is developing the platform, according to sources, which may integrate ChatGPT for content creation while using biometrics for proof-of-personhood. 

Cointelegraph

OpenAI’s Social Network Would Require Biometric Proof Of Personhood

OpenAI’s reported social network would require biometric proof of personhood via Apple’s Face ID or Worldcoin’s Orb scanner to combat bots.