Bitcoin holds steady near $84,000 as bond market sell-off pauses
According to CoinDesk data, Bitcoin hovered slightly above $84,000 on Friday, holding flat over a 24-hour period following a dip beneath that threshold on Wednesday….
New York Seeks to Ban Polymarket, Claiming It Runs Unlawful Betting Service
New York has initiated legal action against Polymarket, charging the forecasting platform with running an unlawful betting enterprise and requesting a judicial injunction to halt…
JPMorgan Says Bitcoin Surpassing $85,000 Production Cost Could Relieve Miner Liquidation Pressure
Bitcoin climbed past JPMorgan’s projected $85,000 production expense following a 280-day span underneath it, which may alleviate liquidation pressure among miners. Bitcoin’s recent surge past…
Bitcoin Crosses Essential Moving Average Indicator and Implications
Bitcoin slid 3% from Wednesday to Friday to nearly $82,900 before showing renewed momentum. Bitcoin’s recent price surge has triggered a possible bullish signal for…
Bitget Suffers $352 Million Security Breach, Assures Client Assets Remain Secure
Updated 4 hours ago Published 4 hours ago 2 min read Bitget CEO Gracy Chen (CoinDesk) Digital asset platform Bitget had $351.6 million impacted by…
U.S. Federal Reserve Advances Proposals to Enforce GENIUS Act for Stablecoins
The U.S. Federal Reserve put forward two rules on Thursday to fulfill its share of the collaborative regulatory mandate required for stablecoin issuer oversight under…
New York Targets Polymarket in Lawsuit Over Unlicensed Betting
On Thursday, New York initiated legal action against prediction market Polymarket, asserting that the platform runs an unauthorized betting enterprise within the jurisdiction. New York…
Federal Reserve Outlines Reserve Caps and Capital Rules for Stablecoins Under GENIUS Act
The Block Crypto | Shutterstock The Federal Reserve introduced fresh guidelines for stablecoin creators, encompassing reserve-asset caps and uniform capital rules, as the monetary authority…
Over $170 Million in Digital Assets Transferred From Bitget Wallets to Unknown Address
Based on blockchain analytics reviewed by The Block, upwards of $170 million worth of cryptocurrency seems to have shifted out of wallets associated with the…
The Stock Token Debate and the Collaborative Gap
AMC Chief Executive Officer Adam Aron labeled Robinhood’s tokenized versions of AMC shares a pseudo-fake market and threatened legal action. Conversely, Robinhood executive Vlad Tenev…