Representative Maxine Waters slammed US President Donald Trump’s pardon of Binance co-founder Changpeng Zhao, calling it a corrupt favor. Read More at https://cointelegraph.com/news/trump-accused-of-rewarding-crypto-criminals-after-pardoning-binance-s-cz?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
US energy secretary floats faster direct grid access for AI and crypto miners
S. Matthew Schultz, the CEO of Bitcoin mining company CleanSpark, said the new rules would create expedited connections for Bitcoin mining and data centers. Read More at https://cointelegraph.com/news/us-secretary-expedite-grid-access-ai-bitcoin-mining?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Another ‘Satoshi era’ wallet from 2009 has woken up to move Bitcoin
The Satoshi-era Bitcoin whale was last active in June 2011, but initially mined its coins between April and June 2009, soon after the network went live. Read More at https://cointelegraph.com/news/satoshi-era-bitcoin-whale-moves-btc-after-14-years?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australians punch above their weight in crypto interest, data shows
The Australian crypto user base is expected to grow to 11.16 million by next year, with nearly 41% of Australians participating in crypto. Read More at https://cointelegraph.com/news/australians-scores-high-per-capita-crypto-interest?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin not immune to 50% crashes despite Wall Street love: BitMine’s Lee
Tom Lee points to the stock market’s steep drawdowns, despite strong progress in recent times, as a sign that Bitcoin could still see 50% declines in the future. Read More at https://cointelegraph.com/news/bitcoin-not-immune-to-slashing-50-despite-wall-street-love-bitmine-s-lee?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solo Bitcoin miner scores $347K — ‘pure self-soverignty in action’
A solo Bitcoin miner has solved block 920,440, mining it entirely on their own and cashing in a huge reward for themselves. Read More at https://cointelegraph.com/news/solo-bitcoin-miner-wins-block-self-soverignty?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hopes rise for altseason, but the signals aren’t there yet
Crypto analysts believe the altcoin season could be arriving soon as liquidity shifts to risk assets, but altseason indicators currently stand at bear market lows. Read More at https://cointelegraph.com/news/altseason-on-the-way-analysts-but-indicators-disagree?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bets on Sam Bankman-Fried’s pardon surges to 12% on Polymarket
Former FTX CEO Sam Bankman-Fried’s odds on Polymarket of being pardoned by US President Trump have more than doubled to around 12% after Changpeng Zhao was pardoned. Read More at https://cointelegraph.com/news/sbf-pardon-odds-rise-12-percent-polymarket?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bulls dominate as Bitcoin options open interest soars to $63B
Bitcoin options open interest reached a record $63 billion, with bullish strike prices at $120,000 to $140,000 dominating. Read More at https://cointelegraph.com/news/bitcoin-options-open-interest-hits-63b-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trader who made $190M shorting crash also apparently bet on CZ’s pardon
While some onchain sleuths called it “obvious insider knowledge,” others argued that Trump’s pardon of Changpeng Zhao was expected. Read More at https://cointelegraph.com/news/donald-trump-us-cz-binance-founder-pardon-crypto-trader-profit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound