Bitcoin BTC$77,604.85 is trading around $77,700, up 1.8% since midnight UTC, after rebounding from $75,650, a price that had served as an upper barrier during last week’s rally. The rebound suggests a bullish shift, with $75,650 now acting as support — a level that could prove crucial if bitcoin is to make another attempt at…
The European arm of global cryptocurrency exchange KuCoin has hired anti-money laundering (AML) and compliance expertise in a bid to appease its regulator, which recently demanded the exchange halt business in Europe due to a staffing shortfall. KuCoin EU, which holds a Markets in Crypto Assets (MiCA) license from Austria’s FMA, appointed Carmen Kleinhans as…
The arrival of Morgan Stanley at the U.S. spot bitcoin BTC$76,998.28 ETF party earlier this month was characterized by some observers as the catalyst that will end the current crypto bear market thanks to the massive distribution power of the Wall Street wirehouse’s $8 trillion advisory network. Not so fast, said Blockstream CEO Adam Back,…
XRP lost $1.40, and it didn’t happen quietly. The level had held for weeks, but once it gave way, price slipped quickly and hasn’t recovered it. That shift matters because when support breaks on strong volume, it usually turns into resistance, and that changes how traders position around it. News Background • Bitcoin dominance pushed…
Canada is proposing to ban crypto ATMs as part of a broader crackdown on fraud and money laundering, citing growing evidence that the machines have become a key tool for scammers. The measure, included in the Liberal government’s Spring Economic Update released Tuesday, would eliminate crypto ATMs nationwide. Officials described the machines as a “primary…
Bitcoin is doing nothing while everything around it moves. The largest crypto just under $77,000 on Wednesday in Asian hours, up just 0.1% over 24 hours and down 0.8% on the week, holding a tight band even as Brent crude pushed above $111 a barrel on a Wall Street Journal report that President Donald Trump…
Imagine a tireless analyst who works around the clock, cross-referencing a company’s onchain purchasing patterns with satellite imagery of its warehouses, correlating its job postings with its patent filings, and mapping its entire supply chain by watching the flow of smart contract payments. This analyst never sleeps, never loses focus and costs almost nothing to…
A $300 million hole doesn’t usually come with a neat repair manual. This time, the group spearheading the Kelp DAO recovery effort is trying to write one. DeFi United, a coalition of multiple blockchain projects and crypto ecosystem individuals, has laid out a detailed, step-by-step plan to restore the backing of rsETH after this month’s…
Artificial intelligence is pushing financial systems toward a model where machines execute transactions at scale, raising new challenges around control, oversight and infrastructure, said Microsoft and Chainalysis executives. Bill Borden, corporate vice president of worldwide financial services at Microsoft, said Tuesday that legacy systems will face increasing pressure as transaction demands grow more complex. The…
The miner locked in fixed borrowing costs and extended maturity, but a shrinking BTC treasury and loan-to-value triggers leave little room for error if prices slide. Source link
