Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe’s Markets in Crypto Assets Regulation (MiCA) in the country. Nawrocki said Thursday he supports regulating the cryptocurrency market but argued that the government incorporated only one of 16 key amendments proposed by his office. He said that…
Crypto prices have spent much of the year reacting to macro headlines and regulatory uncertainty, but tokenization has remained one of the industry’s few consistent growth stories. Active real-world assets are surging, banks are embracing blockchain infrastructure and tokenized equities are expanding into new markets. That momentum was on full display this week as Kraken…
Bitcoin (BTC) hit $64,000 after Friday’s Wall Street open while analysis warned of “unreliable” BTC price support. Key points: Bitcoin hits local highs during the US trading session as US-Iran peace hopes offer modest risk-asset relief. SpaceX looks set to launch the largest IPO ever witnessed, BTC price concerns linger over the ability of a…
The US and Iran said they reached an interim agreement to end hostilities and reopen the Strait of Hormuz, with the deal to be signed in Switzerland on Friday. The price of bitcoin BTC$65,672.88 has risen to $65,700, up 2% over the past 24 hours, and its highest level since the early June plunge. The…
Former FTX CEO Sam Bankman-Fried failed to overturn his fraud conviction and 25-year prison sentence tied to the collapse of FTX after a three-judge appeals panel rejected his bid for relief. The unanimous ruling by the 2nd US Circuit Court of Appeals in Manhattan, New York, found that the government’s case against Bankman-Fried was, in…
Standard Chartered analyst Geoff Kendrick on Friday told clients that he believes crypto asset prices have seen the low in the current cycle and he is looking for confirmation in three indicators: Strategy’s reporting that it bought more Bitcoin last week; crypto exchange-traded funds (ETF) saw positive inflows on Friday; and, oil prices continue to…
Last Tuesday’s House Ways and Means Committee hearing on digital asset tax bills was pretty straightforward. The members of the committee asked largely substantive questions, seemingly aimed at better understanding both how crypto taxes might work as well as what holes exist in current tax policy. There was no sniping at each other, no real…
Bitcoin BTC$63,787.56 has a unique pattern, and it has held across every major bullish cycle since the cryptocurrency began trading near zero 16 years ago. This pattern suggests that prices could crash to at least $48,000. The pattern works like this. Draw Fibonacci retracements from near zero – BTC began trading at $0.003 in February…
A malicious attachment delivered through a phishing email points to the involvement of North Korea-linked threat actors in Humanity Protocol’s recent hack, according to blockchain security company Quantstamp. The decentralized identity company said a compromised employee’s laptop enabled attackers to steal $36 million in Humanity (H) tokens on Monday. The malicious attachment was disguised as…
Ethereum could begin adding post-quantum protections to accounts for as little as $0.07, without waiting for a hard fork, according to the Ethereum Foundation’s Kohaku project lead Nicolas Consigny. In a Saturday X post, Consigny shared a paper proposing a cheaper way for Ethereum users to protect their accounts against future quantum-computing threats. The approach…
