In an interview from the WEF in Davos, David Sacks addressed disputes over stablecoin yield and the crypto market structure legislation that’s stalled in the US Senate. Read More at https://cointelegraph.com/news/us-crypto-czar-sacks-banks-crypto-one-digital-asset-industry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Iran‘s central bank acquired $507M in USDt to prop up rial: Elliptic
The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country. Read More at https://cointelegraph.com/news/iran-central-bank-usdt-elliptic-rial?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP flashes signal that last triggered 68% price drop
A bearish signal from XRP’s cost-basis metric projected a major price drop, fueled by a weakening technical structure and spot ETF outflows. Will bulls defend XRP’s critical price support? Read More at https://cointelegraph.com/news/xrp-flashes-signal-last-triggered-68-percent-price-drop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price predictions 1/21: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, XMR, LINK
Technical charts highlight improving fundamentals in Bitcoin and select altcoins, but bears selling the range highs and softening investor sentiment threaten to snuff out the recovery. Read More at https://cointelegraph.com/news/price-predictions-1-21-btc-eth-bnb-xrp-sol-doge-ada-bch-xmr-link?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump: US has to ‘make it so that China doesn’t get the hold‘ of crypto
The US president said he supported the GENIUS Act because it was “politically popular,” but added the main reason was in response to China. Read More at https://cointelegraph.com/news/trump-china-us-crypto-davos-wef?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Steak ’n Shake taps Bitcoin bonus program for hourly employees
The fast-food chain said employees will receive a BTC bonus per hour worked, with payouts vesting after two years and limited to company-operated locations. Read More at https://cointelegraph.com/news/steak-n-shake-bitcoin-bonus-program-employees?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin-to-gold ratio falls to new low, but analysts say BTC’s discounted ‘setups are rare’
Gold’s record-breaking rally inadvertently put pressure on Bitcoin’s allure, but analysts say historical data shows BTC eventually starts a catch-up rally. Read More at https://cointelegraph.com/news/bitcoin-to-gold-ratio-falls-to-new-low-but-analysts-say-btc-s-discounted-setups-are-rare?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former Alameda CEO to be released from US custody after 440 days
Scheduled for release from a halfway house on Wednesday, former Alameda Research CEO Caroline Ellison will have served 440 days in federal custody. Read More at https://cointelegraph.com/news/caroline-ellison-alameda-ftx-released-prison?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin eyes $90K as Donald Trump sees crypto bill signing ‘very soon’
Bitcoin joined stocks in a relief bounce as US President Donald Trump hinted at new legislation “very soon” and a doubling of the Dow Jones. Read More at https://cointelegraph.com/news/bitcoin-eyes-90k-donald-trump-sees-crypto-bill-signing-very-soon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto’s next battle is privacy, but regulators face chicken-egg dilemma
Crypto’s move into banks and state-backed systems is accelerating a clash between financial privacy and public ledger design, said Aleo’s Yaya Fanusie. Read More at https://cointelegraph.com/news/crypto-next-battle-privacy-regulators-chicken-egg-dilemma?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound