Bitcoin has become an “element of resistance” in Iran, providing liquidity in an increasingly restricted economic environment, says Chainalysis. Read More at https://cointelegraph.com/news/bitcoin-use-surges-iran-protests-crypto-withdrawals?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Kaito winds down crypto-backed ‘Yaps’ as X bans payments for ‘AI slop’
The Kaito.ai and Cookie DAO tokens fell over 15% after X’s ban, a move X’s head of product Nikita Bier said should improve user experience on the social media platform. Read More at https://cointelegraph.com/news/kaito-cookie-slide-as-x-bans-payment-ai-powered-posts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uniswap lands on OKX’s X Layer as exchange deepens DeFi strategy
The integration marks a key step in the crypto exchange’s second-phase rollout, bringing Uniswap’s markets directly to its layer-2 network. Read More at https://cointelegraph.com/news/uniswap-xlayer-okx-defi-push-evm?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin rally collapses at $97K as funding rate stalls, retail traders sit out
Bitcoin failed to hold $97,000 as its funding rate stalled and retail traders watched from the sidelines. Will TradFi reignite the rally to $100,000? Read More at https://cointelegraph.com/news/bitcoin-rally-collapses-at-97k-as-funding-rate-stalls-retail-traders-sit-out?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH’s next stop could be $4.1K, but this must happen first
An emerging ETH futures trend is predicting an Ether price rally to $4,100, but other data says the altcoin is overdue for a slight correction. Read More at https://cointelegraph.com/news/eth-s-next-stop-could-be-dollar4-1k-but-this-must-happen-first?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
West Virginia lawmaker introduces bill to allow state crypto investments
The legislation would allow the state‘s treasury to hold digital assets with a market capitalization of more than $750 billion, which applied only to Bitcoin as of January. Read More at https://cointelegraph.com/news/west-virginia-bill-treasury-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Behind the ‘Bitcoin lottery’ myth: NiceHash clarifies untagged BTC blocks
Untagged Bitcoin blocks sparked solo-miner speculation before NiceHash confirmed they were mined during internal testing, highlighting limits of onchain attribution. Read More at https://cointelegraph.com/news/nicehash-untagged-bitcoin-blocks-solo-miner-myth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase CEO expects market structure bill markup ‘in a few weeks‘
Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn’t “support the bill as written,“ potentially leading to a postponement in consideration. Read More at https://cointelegraph.com/news/coinbase-ceo-crypto-market-structure-bill-markup?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system. Read More at https://cointelegraph.com/news/bank-of-america-interest-bearing-stablecoins-us-banks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin whale balances see 21% bounce after fastest sell-off since 2023 ends
Increasing Bitcoin whale balances highlight reaccumulation, aligning with renewed spot BTC ETF inflows. Will $100,000 become support soon? Read More at https://cointelegraph.com/news/bitcoin-whale-balances-see-21percent-bounce-after-fastest-sell-off-since-2023-ends?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound