El Salvador approved indefinite reelection for president and extended terms to six years, sparking backlash from critics warning of increasing authoritarianism. Read More at https://cointelegraph.com/news/el-salvador-lawmakers-approve-indefinite-presidential-reelection?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Bitcoin fills July CME gap 'to the dollar' amid $104K BTC price target
BTC price weakness outpaces stocks on fresh US trade tariffs, and Bitcoin traders are split over the impact of the CME gap fill near $114,000. Read More at https://cointelegraph.com/news/bitcoin-fills-july-cme-gap-to-the-dollar-104k-btc-price-target?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto hacks top $142M in July, with CoinDCX leading losses
During the WOO X hack, bad actors used social engineering to gain access to the development environment, according to Rob Behnke, chairman of Halborn. Read More at https://cointelegraph.com/news/crypto-hacks-july-142-million-coindcx-leads-losses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Democrats press bank regulator on Trump stablecoin conflicts
Democratic senators have asked Comptroller of the Currency Jonathan Gould to explain how he’ll prevent Donald Trump from influencing stablecoin rules that may benefit his family. Read More at https://cointelegraph.com/news/warren-democrats-press-occ-how-deal-with-trump-crypto-ties?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor joins chorus for clarity as US works to legally define crypto
Strategy’s Michael Saylor wants the US government to clearly define digital securities and commodities, as well as state when it is allowable to tokenize securities. Read More at https://cointelegraph.com/news/saylor-wants-crypto-taxonomy-to-make-us-rules-clear?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monster week for crypto treasury firms with $8B buying blitz
Cointelegraph analyzed 16 company statements made this week and found a whopping $7.8 billion has been earmarked or used to buy crypto. Read More at https://cointelegraph.com/news/crypto-treasury-firms-8-billion-crypto-buys?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH recovery outpaces Bitcoin despite constant selling at $4K: Here’s why
ETH’s funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip! Read More at https://cointelegraph.com/news/eth-recovery-outpaces-bitcoin-despite-constant-selling-at-4k-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin dips below $115K as Trump tariff order fails to comfort investors
Bitcoin tumbled to a three-week low near $114,000 as Trump’s tariff executive order triggered a stock and crypto sell-off. Read More at https://cointelegraph.com/news/bitcoin-dips-below-115k-as-trump-tariff-order-fails-to-comfort-investors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OG Bitcoiners are rotating out, but it’s a healthy dynamic: Analysts
Old Bitcoin being sold to new institutions is a sign of its “integration with the financial system,” Ryan McMillin, chief investment officer at Merkle Tree Capital told Cointelegraph. Read More at https://cointelegraph.com/news/bitcoin-whales-sell-new-buyers-enter-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solv Protocol targets over $1T in idle Bitcoin with institutional yield vault
The new vault seeks to put inactive Bitcoin holdings to work using a mix of yield strategies across decentralized, centralized and traditional finance. Read More at https://cointelegraph.com/news/solv-protocol-btc-plus-yield-vault-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound