A crypto trader says Bitcoin is at a “key resistance” similar to the level where it topped in 2021, but other traders argue historical charts can’t be applied to this cycle. Read More at https://cointelegraph.com/news/bitcoin-top-signal-price-chart-similar-2021-history-repeat?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Crypto, fintech execs want Trump to ban bank fees for customer data
Over 80 crypto and fintech executives asked the Trump administration to stop banks from levying data access fees, which threaten their business models. Read More at https://cointelegraph.com/news/crypto-execs-want-trump-ban-bank-fees-customer-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Investors target ‘fun-first’ crypto games as funding jumps 94% in July
Web3 gaming funding steamed back as daily unique active wallets rose 2% to 4.9 million in July, with signs of a maturing industry. Read More at https://cointelegraph.com/news/web3-gaming-investments-july-growth-trends?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Treasury’s Scott Bessent backpedals: Bitcoin buying still possible
US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets. Read More at https://cointelegraph.com/news/us-treasury-still-exploring-budget-neutral-bitcoin-buys-secretary-says?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war
Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025. Read More at https://cointelegraph.com/news/trump-american-bitcoin-orders-16k-bitmain-asics-trade-war?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Citigroup weighs crypto custody as ETFs, stablecoins gain momentum
Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets. Read More at https://cointelegraph.com/news/citigroup-crypto-custody-payments-stablecoins-bitcoin-ether-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FBI warns of ‘fictitious law firms‘ targeting crypto scam victims
The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams. Read More at https://cointelegraph.com/news/fbi-warning-law-firms-crypto-scammers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Perplexity AI eyes $20B valuation in new funding round after Chrome bid
The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion. Read More at https://cointelegraph.com/news/perplexity-ai-fundraise-20b-valuation-google-chrome-bid?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s all-time high gains vanished hours later: Here’s why
Traders send mixed signals after Bitcoin falls to $117,000 a day after hitting new all-time highs. Read More at https://cointelegraph.com/news/bitcoin-s-all-time-high-gains-vanished-hours-later-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Treasury’s OFAC sanctions crypto exchange Garantex for second time
The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022. Read More at https://cointelegraph.com/news/us-treasury-ofac-sanctions-garantex-europe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound