Donald Trump’s top crypto adviser, David Sacks, hit out at a New York Times report speculating how he could gain from his government role. Read More at https://cointelegraph.com/news/david-sacks-nyt-report-conflicts-interest-nothing-burger?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Bitcoin crashes 5% in ‘Sunday slam’ as liquidations surge
Bitcoin plunged nearly 5% to $86,950 in Sunday trading, triggering $539 million in liquidations after the asset endured its worst November performance since 2018. Read More at https://cointelegraph.com/news/bitcoin-dip-5-percent-sunday-slam-liquidations-surge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram’s Pavel Durov: Cocoon decentralized AI network now live
The privacy-preserving decentralized AI platform is built on top of The Open Network, and users earn TON for renting out computing power. Read More at https://cointelegraph.com/news/telegram-durov-cocoon-decentralized-ai-live?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether CEO slams S&P ratings agency and Influencers spreading USDt FUD
The comments followed S&P’s downgrade of USDt’s ability to maintain its peg, which cited Tether’s Bitcoin and gold reserves as a concern. Read More at https://cointelegraph.com/news/tether-ceo-rails-sp-tether-fud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Most Ethereum valuation models indicate ETH is undervalued: Analyst
Although most models projected ETH prices above $4,000, one critical valuation model bucked the trend, signaling that ETH may be overvalued. Read More at https://cointelegraph.com/news/ethereum-valuation-eth-undervalued?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fed rate-cut bets surge: Can Bitcoin finally break $91K to go higher?
Bitcoin price stayed stuck near $91,000 due to weak ETF flows and cautious derivatives as stocks and gold rallied on rising rate-cut bets. Read More at https://cointelegraph.com/news/fed-rate-cut-bets-surge-can-bitcoin-finally-break-91k-dollars?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin 2022 bear market correlation hits 98% as ETFs add $220M
New research showed BTC price action on course to copy the 2022 bear market while risk-asset inflows showed signs of a bullish turnaround. Read More at https://cointelegraph.com/news/bitcoin-2022-bear-market-correlation-98-percent-etfs-add-220m?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy will sell Bitcoin as ‘last resort’ if mNAV drops, capital is unavailable: CEO
Strategy CEO Phong Le says Bitcoin would only be sold if the company’s stock falls below net asset value and funding options disappear, calling it a financial decision. Read More at https://cointelegraph.com/news/strategy-sell-bitcoin-last-resort-mnav-capital?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock exec says ‘perfectly normal’ as IBIT sees $2.3B outflows in Nov
BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion. Read More at https://cointelegraph.com/news/blackrock-ibit-november-outflows-perfectly-normal-castro?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH may reclaim $3.2K soon, based on low stablecoin yields: Santiment
Stablecoin yields not being overly high suggests the market hasn’t reached a “major top” and Ether may reach $3,200 in the near term, according to Santiment. Read More at https://cointelegraph.com/news/ether-price-recovery-signs-stablecoin-yields-low-santiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound