Key Takeaways Bitcoin’s price fell to approximately $79,146 Saturday as leveraged liquidations accelerated the selloff. Peter Schiff predicts bitcoin will test $75,000 and warns ETF investors face a difficult weekend. Blackrock and Fidelity led a reported $635.6 million exodus from U.S. spot bitcoin ETFs this week. Bitcoin’s $80,000 Floor Gives Way as Liquidations Mount Bitcoin’s…
Key Takeaways Chamath Palihapitiya predicts an AI attack will eventually send bitcoin’s value to zero. Chamath called earlier bitcoin sales a multibillion-dollar mistake in November 2024. Palihapitiya’s BTC reversal follows changes in his public positions on Tesla and SPACs. From $1 Million to Zero, Chamath Reverses Course on Bitcoin Again Chamath Palihapitiya once called bitcoin…
Key Takeaways Trackers have identifed $22.28M in Hayes token sales, led by 6,400 ETH worth about $15.2 million. Wintermute sent Hayes $2.43M in USDC, likely proceeds from UNI and ZAMA sales, per Onchain Lens. Blockscout logged 26 fake “ETH” transfers in his wallet history within 90 minutes of the first sale. ‘I Dumped It All’…
Key Takeaways Bitcoin slipped to about $80,698 on Oct. 24, below its 50-day average near $81,784. Coinglass-tracked liquidations hit $495.74M in 24 hours, with $318M coming from long positions. The Oct. 28 FOMC decision and Oct. 29 PCE print are the next tests for buyers. The Line That Broke For roughly two months, bitcoin’s 50-day…
Key Takeaways Kalshi and Polymarket crypto contracts hit a record $2.7B in weekly notional volume. About 86% of Kalshi’s $8.17B in September crypto volume came from 15-minute markets. Coinbase and Phantom now route users to Kalshi, widening access as U.S. state lawsuits loom. What Set the Record Exactly? Weekly notional volume in crypto-related contracts on…
Key Takeaways Investigators disrupted 10,909 malicious networks during the operation. Authorities recovered more than $105 million in illicit funds. A Nigerian investigation traced over $2.4 million in suspected criminal proceeds. Crypto Laundering Emerges in Africa Cybercrime Sweep Law enforcement agencies from 20 African countries and the United States arrested 1,462 suspects during Operation Serengeti III,…
Key Takeaways Malaysia and Thailand join Singapore as BLOOM’s three policymaker members. Shared frameworks aim to reduce separate agreements and implementation costs. Participants will address acceptance, network connections, and transaction safeguards. Central Banks Seek Common Ground for Digital Money Cross-border digital money settlement is the focus of expanded cooperation among the central banks of Singapore,…
Key Takeaways China’s 15th Five-Year Plan aims to build a national blockchain network by 2030 to upgrade infrastructure. The strategy creates legal standards to cultivate a new tech ecosystem alongside AI and 6G advancements. Despite crypto bans, this backbone will pioneer decentralized state finance and ID registries nationwide. China Targets 2030 For National Blockchain Network…
Key Takeaways Sen. Richard Blumenthal is probing Tether’s reported $6.3 million payments to a consulting firm co-owned by former White House crypto adviser Bo Hines. Blumenthal raised concerns that Hines may have influenced stablecoin legislation benefiting Tether while retaining an ownership stake in the firm. Blumenthal requested contracts, payment records, and communications from Tether and…
Key Takeaways Ethereum developers canceled Glamsterdam’s Oct. 26 Hoodi activation following security concerns. Swiss blockchain cybersecurity and smart contract auditing firm Chainsecurity identified 13 deployed contracts vulnerable to potentially permanent failure states. Ethereum’s tentative December launch faces uncertainty, but mainnet users need take no action. Ethereum Delays Glamsterdam Testing After Security Flaws Threaten Contracts Ethereum’s…
