Fundstrat managing partner Tom Lee says Bitcoin should hit $1 million “over time” and isn’t ruling out $250,000 for 2025. Read More at https://cointelegraph.com/news/bitcoin-price-prediction-250k-still-possible-fundstrat-tom-lee?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Indonesia is exploring a national Bitcoin reserve, says local group
Bitcoin Indonesia said it recently pitched Bitcoin to the Vice President’s office and explored Bitcoin mining as a national reserve strategy. Read More at https://cointelegraph.com/news/indonesia-exploring-bitcoin-reserve-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance futures volume hits 6-month high amid Bitcoin volatility
Crypto derivatives volumes surged across major exchanges last month, with Binance leading at $2.55 trillion. Read More at https://cointelegraph.com/news/binance-futures-volumes-surge-multi-month-highs-amid-bitcoin-volatility?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC’s crypto pivot has ‘not been priced in’ — Bitwise CIO
Bitwise chief investment officer Matt Hougan remarked on coming across “the most bullish document I’ve read on crypto.” Read More at https://cointelegraph.com/news/sec-crypto-pivot-not-priced-in-bitwise-matt-hougan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto exec to pay $10M to settle SEC claims over betting on TerraUSD
The founder of the lending firm MyConstant agreed to pay over $10 million to the SEC to settle claims he stole millions to buy the now-collapsed Terra stablecoin. Read More at https://cointelegraph.com/news/my-constant-founder-settle-sec-claims-terrausd-bet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin dip to $112K lacks whiff of altcoin summer: Bitfinex
The performance of the altcoins this week suggests “rapid derisking across the high-beta segments” of the crypto market. Read More at https://cointelegraph.com/news/bitcoin-price-dip-altcoin-summer-doubts-bitfinex-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Base blames faulty sequencer for 33-minute outage, fixes made
Base blamed a 33-minute outage on Aug. 5 on an unprepared sequencer and said it has fixed the issue to ensure any chosen sequencer will be ready to process transactions. Read More at https://cointelegraph.com/news/base-blames-faulty-sequencer-33-minute-network-outage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC's guidance on liquid staking tokens a win for DeFi, institutions
Institutions may now have a clearer footing to build products around liquid staking tokens and unlock new market segments, according to industry executives. Read More at https://cointelegraph.com/news/sec-liquid-staking-tokens-win-defi-institutions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US SEC commissioner slams agency statement on liquid staking: 'Muddies the waters'
Commissioner Caroline A. Crenshaw warns that the SEC’s statement offers little clarity for liquid staking providers. Read More at https://cointelegraph.com/news/us-sec-commissioner-slams-liquid-staking-crenshaw?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase launches embedded wallets tool as self-custody, DeFi gain momentum
The developer tool offers customizable wallets, USDC rewards and deeper integration with Coinbase’s Base app, aligning with recent pro-crypto legislation. Read More at https://cointelegraph.com/news/coinbase-embedded-wallets-usdc-rewards-defi-legislation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound