Author Archives: pdgweb

The Bank of England is launching a consultation on new stablecoin rules that closely mirror the US’s approach to fiat-pegged crypto assets. Read More at https://cointelegraph.com/news/uk-stablecoin-rules-aligned-with-us-crypto-confidence-cryptouk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s four-day crash has initiated a healthy reset among investors, but momentum remains limited until long-term holders continue selling their BTC, according to Glassnode. Read More at https://cointelegraph.com/news/bitcoin-crash-104k-flush-not-crypto-cycle-failure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The SpaceX-labelled wallets made their second large-scale Bitcoin transfer in three months, raising speculation of a sale as the company faces growing competition. Read More at https://cointelegraph.com/news/spacex-moves-257m-in-bitcoin-reigniting-questions-over-its-crypto-play?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Argo Blockchain will delist from the London Stock Exchange after its main creditor, Growler Mining, seized control through a debt-for-equity swap. Read More at https://cointelegraph.com/news/argo-growler-mining-takeover-restructuring?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ether ran into resistance at $4,000 as the absence of new buyers and weak spot Ethereum flows threatened ETH price dropping to $3,100 next. Read More at https://cointelegraph.com/news/ethereum-price-fails-above-4k-traders-grow-frustrated-shakeouts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Blockchain Association, Crypto Council for Innovation and fintech allies urged the CFPB to finalize an open banking rule ensuring consumers, not banks, control their data. Read More at https://cointelegraph.com/news/crypto-fintech-banks-war-open-banking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin price dropped 2.5% on the day to attempt to fill the latest weekend CME futures gap, while traders warned that $100,000 could fail as support. Read More at https://cointelegraph.com/news/bitcoin-cme-gap-btc-price-dips-risk-100k-collapse?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The outflows came as “No Kings” protests swept across the US amid a prolonged government shutdown and political division, deepening market risk aversion. Read More at https://cointelegraph.com/news/spot-bitcoin-ethereum-etfs-extend-outflows-amid-us-political-turmoil?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

StarkWare CEO Eli Ben-Sasson said corporate blockchains will help with mainstream adoption, but long term, they will be abandoned if they try to retain control. Read More at https://cointelegraph.com/news/corporate-blockchains-will-fail-starkware-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

British Columbia is moving to ban new crypto mining connections to protect its Hydro power grid. For years, analysts have argued this is the wrong approach. Read More at https://cointelegraph.com/news/british-columbia-restrict-ai-power-use-ban-crypto-mining-connections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound