Author Archives: pdgweb

Bitcoin’s post-CPI rally above $69,000 may help complete the V-shaped recovery chart pattern and also confirm that $60,000 was the sell-off bottom. Read More at https://cointelegraph.com/news/bitcoin-dollar72k-target-possible-if-v-shaped-recovery-pattern-completes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Delaying the CLARITY market structure bill until 2027, after the US midterm elections, may significantly reduce its chances of passage, the Treasury Secretary said. Read More at https://cointelegraph.com/news/crypto-sentiment-rise-clarity-passed-bessent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin onchain analysis eyed a potential end to the BTC price downtrend as its MVRV ratio returned to levels not seen in three years. Read More at https://cointelegraph.com/news/bitcoin-most-undervalued-since-march-2023-classic-btc-price-metric-shows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin bulls enjoyed a relief rally to $69,000 on the back of soft US CPI inflation data amid hopes of BTC price action making a “higher low.” Read More at https://cointelegraph.com/news/bitcoin-passes-68k-on-slower-us-cpi-print-but-fed-rate-cut-odds-stay-low?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

French police arrested three suspects after a break-in targeting a Binance France executive, RTL reported. Binance has confirmed a home invasion involving an employee. Read More at https://cointelegraph.com/news/binance-france-exec-home-invasion-arrests-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Post-quantum Bitcoin wallets are already on sale, leaving investors to decide whether they’re buying insurance or paying up fear tax. Read More at https://cointelegraph.com/news/quantum-proof-bitcoin-wallets-insurance-fear-tax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021. Read More at https://cointelegraph.com/news/pgi-ceo-20-year-sentence-200m-crypto-scheme?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities. Read More at https://cointelegraph.com/news/seoul-police-22-bitcoin-missing-cold-wallet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Boerse Stuttgart will merge its crypto arm with Tradias, creating a regulated European crypto unit providing services in trading, custody, staking and tokenized assets. Read More at https://cointelegraph.com/news/boerse-stuttgart-digital-tradias-agree-merger-to-build-european-crypto-hub?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Some community members questioned the size of the $50 million package and warned that the proposed AAVE token grant could concentrate voting power. Read More at https://cointelegraph.com/news/aave-labs-50m-dao-revenue-proposal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound