Bitcoin analyst James Check stated that there is no reason for Bitcoin to retreat to $95,000, adding that if it does, the rally is likely over for some time.
Privacy group urges Ireland to drop work on encryption ‘backdoor law’
The Irish Communications Interception and Lawful Access Bill is still in development, with drafting yet to occur, but the Global Encryption Coalition wants it scrapped now.
‘Debasement trade’ is no longer a debate, and TradFi knows it: Execs
Financial institutions are quickly embracing the debasement trade as the US dollar weakens, which will drive massive gains in Bitcoin and gold, say commentators.
AI Polkadot parachain Phala votes to fully switch to Ethereum L2
AI-focused Polkadot project Phala is set to fully migrate to its Ethereum L2, betting on its ecosystem for confidential AI and GPU compute growth.
Ether ‘3-wave pullback’ to end soon, $5.5K next: Fundstrat
Fundstrat’s managing director Mark Newton predicts Ether will head to $5,500 next after bottoming out over the weekend.
Telegram’s Durov: We’re ‘running out of time to save the free internet’
EU lawmakers have sought to introduce Chat Control, while the UK and Australia are on track for digital ID systems. Pavel Durov warns that these “dystopian” measures must be stopped.
Monero releases ‘Flourine Fermi’ update to fight spy nodes
Monero’s “Fluorine Fermi” update enhances privacy by fighting nodes that try to link user IP addresses to their transactions.
Good luck finding an entry-level crypto job this year, says Dragonfly
Proof of Search’s Kevin Gibson said the job market looks very different from 2021, when entry-level jobs were easier to land.
Democrats propose ‘restricted list’ for DeFi protocols, sparking outcry
Democrat senators have been slammed for pitching a counter-proposal that seeks to give the Treasury Department authority to place risky DeFi protocols on a “restricted list.”
Jack Dorsey urges tax-free status for ‘everyday’ Bitcoin payments
Jack Dorsey’s payments company, Square, also announced the integration of Bitcoin payment services for businesses on Wednesday.