Mastercard is expanding its Crypto Credential program to self-custody wallets, allowing users to send and receive cryptocurrencies using verified, username-style aliases instead of long wallet addresses. Polygon will be the first blockchain to support the rollout, while payments firm Mercuryo will handle identity verification and issue the aliases to users, according to a Tuesday press…
Key Takeaways BlackRock clients sold off $145 million in Bitcoin in a single day through the company’s ETF. This sizable redemption signals a shift in institutional investor sentiment towards Bitcoin. Share this article BlackRock clients offloaded over $145 million in Bitcoin on Monday, executing large redemptions through the asset manager’s Bitcoin ETF (IBIT). The sell-off…
Can Bitcoin regain momentum after forming a death cross, or will the setup echo the extended weakness seen in 2022? Summary Bitcoin has formed a death cross after falling below its 50-day and 200-day moving averages. Analyst Ali Martinez points to historical cycles and MVRV data to outline possible lower levels if weakness continues. Egrag…
Szabo warns that every crypto network has a legal attack surface, shattering the idea that Bitcoin is immune to state power. Computer scientist Nick Szabo, whose work helped pave the way for Bitcoin (BTC), has stated that cryptocurrencies are not “trustless” but rather “trust-minimized,” with each possessing a legal attack surface that governments can…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A recent report by the International Consortium of Investigative Journalists (ICIJ), titled “The Coin Laundry,” has unveiled evidence of criminal activities conducted through major cryptocurrency exchanges, aimed at evading global regulatory scrutiny. The investigation alleges that money launderers, linked to drug trafficking,…
Bitcoin miner HIVE Digital Technologies rose after reporting record revenue for its most recent quarter, adding to the sector’s wins from Bitcoin’s mid-year gains. HIVE said on Monday that it had “record revenue” for the quarter ending Sept. 30 of $87.3 million, up 285% from the same time a year ago and nearly doubling quarter-over-quarter….
Key Takeaways Mt. Gox moved $936 million in Bitcoin after eight months of inactivity. The movement relates to the exchange’s ongoing court-supervised creditor repayment process. Share this article Mt. Gox, the defunct crypto exchange, moved $936 million worth of Bitcoin today after remaining dormant for eight months. The transfer involved shifting Bitcoin to a new…
Ethereum is trading near significant demand levels as volatility continues across cryptocurrency markets, new on-chain data shows. The second-largest cryptocurrency by market capitalization is hovering near short-term support following weeks of selling pressure. Summary Ethereum price nears key support: Ethereum is trading near short-term support levels after weeks of selling pressure, with on-chain data from…
A dormant Cardano whale tried swapping 14.4M ADA into USDA and walked away with just 847K USDA, burning roughly $6.2M in one click. A long-dormant Cardano (ADA) whale has torched more than $6 million in a single swap after attempting to move 14.4 million ADA, worth around $7 million, into USDA, a Cardano-native stablecoin,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s drop back into the mid-$90,000s has reignited the debate: is this the start of a true bear market, or a sharp reset inside an ongoing uptrend? Analysts are converging on the same battleground levels but differ on what they imply. Has…
