Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines. Read More at https://cointelegraph.com/news/bitcoin-risks-50percent-drop-btc-positive-correlation-us-stocks-grows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Coinbase-backed CoinDCX founders questioned in fraud case: Report
Indian crypto exchange CoinDCX says the fraud complaint is part of a wider impersonation scam, citing more than 1,200 fake sites using its brand. Read More at https://cointelegraph.com/news/coinbase-backed-coindcx-founders-questioned-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Hawk Tuah’ girl Hailey Welsh says memecoin implosion ‘traumatized’ her
Welsh warned others to stay away from crypto and said that she still does not understand anything about the sector more than a year later. Read More at https://cointelegraph.com/news/hawk-tuah-hailey-welsh-memecoin-traumatized?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Resolv Labs’ stablecoin depegs as attacker mints millions of tokens
An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million. Read More at https://cointelegraph.com/news/resolv-labs-stablecoin-depegs-attacker-mints-millions-of-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nevada judge temporarily blocks Kalshi from operating in the state
A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days. Read More at https://cointelegraph.com/news/nevada-judge-temporarily-blocks-kalshi-from-operating-in-the-state?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC staff clarify expectations on using crypto as collateral
The Commodity Futures Trading Commission staff has provided answers to frequently asked questions about the agency’s expectations around a crypto collateral pilot. Read More at https://cointelegraph.com/news/cftc-staff-clarify-expectations-crypto-collateral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brazil’s finance minister shelves crypto tax policy due to election: Report
The South American country will hold its presidential election in October 2026, and incumbent Luiz Inácio Lula da Silva is running for re-election. Read More at https://cointelegraph.com/news/brazil-finance-minister-shelves-crypto-tax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC crypto guidance puts the ‘final nail’ in the Gensler era: Analyst
The SEC’s digital asset market taxonomy, which classifies most cryptocurrencies and tokens as non-securities, is a major step for US regulators. Read More at https://cointelegraph.com/news/sec-crypto-guidance-final-nail-gensler-era?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin options signal fear even as BTC ETF outflows remain relatively low
Bitcoin ETF outflows are too small to signal a bearish pivot from traders, but worsening US macroeconomic conditions and high oil prices keep BTC traders on the hedge. Read More at https://cointelegraph.com/news/bitcoin-options-signal-fear-even-as-btc-etf-outflows-remain-relatively-low?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum eyes 25% rally as richest ETH whales return to ‘profitable state’
ETH price could climb toward $2,750 by June and above $3,200 by September if the historical whale-profit signal plays out again. Read More at https://cointelegraph.com/news/ethereum-25-rally-richest-eth-whale-return-profitable?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound