21Shares’ macro chief looks at why Bitcoin has held relatively steady since the start of Middle East hostilities, while gold has slipped below $4,500 and key support levels. Read More at https://cointelegraph.com/news/divergence-between-btc-gold-retail-central-bank?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Scaramucci says BTC’s 4-year cycle still in play, forecasts rise in Q4
Proponents of Bitcoin’s four-year cycle theory say the price of BTC typically rises for three of the four years and declines in the final year. Read More at https://cointelegraph.com/news/scaramucci-btc-4-year-cycle-play-rise-q4?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto liquidations near $400M after $68K Bitcoin price dip
Bitcoin fell over the weekend to set up another visit to “unreliable” support, but analysis flagged a new BTC price golden cross. Read More at https://cointelegraph.com/news/crypto-liquidations-near-400m-after-68k-bitcoin-price-dip?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fidelity urges SEC to move further on crypto activity by broker-dealers
The investment giant told the regulator’s crypto task force it supports trading tokenized securities on alternative trading systems and tradfi on-chain integration. Read More at https://cointelegraph.com/news/fidelity-letter-sec-alternative-trading-systems?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Resolv says no assets lost as DeFi protocols respond to USR exploit
USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14. Read More at https://cointelegraph.com/news/resolv-says-no-assets-lost-as-defi-partners-respond-to-usr-depeg?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows
Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines. Read More at https://cointelegraph.com/news/bitcoin-risks-50percent-drop-btc-positive-correlation-us-stocks-grows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase-backed CoinDCX founders questioned in fraud case: Report
Indian crypto exchange CoinDCX says the fraud complaint is part of a wider impersonation scam, citing more than 1,200 fake sites using its brand. Read More at https://cointelegraph.com/news/coinbase-backed-coindcx-founders-questioned-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Hawk Tuah’ girl Hailey Welsh says memecoin implosion ‘traumatized’ her
Welsh warned others to stay away from crypto and said that she still does not understand anything about the sector more than a year later. Read More at https://cointelegraph.com/news/hawk-tuah-hailey-welsh-memecoin-traumatized?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Resolv Labs’ stablecoin depegs as attacker mints millions of tokens
An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million. Read More at https://cointelegraph.com/news/resolv-labs-stablecoin-depegs-attacker-mints-millions-of-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nevada judge temporarily blocks Kalshi from operating in the state
A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days. Read More at https://cointelegraph.com/news/nevada-judge-temporarily-blocks-kalshi-from-operating-in-the-state?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound