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Bitcoin investment banks coming to El Salvador — Gov regulator

Bitcoin investment banks coming to El Salvador — Gov regulator

Regulated Bitcoin investment banks are coming to El Salvador, following Thursday’s approval of El Salvador’s Investment Banking Law, which classifies investment banks under different regulations than commercial banks. Investment banks will now be allowed to hold BTC and other digital assets on thei…

Arthur Hayes buys ETH back at higher prices, pinky swears to never sell

Arthur Hayes buys ETH back at higher prices, pinky swears to never sell

BitMEX co-founder and Bitcoin billionaire Arthur Hayes has bought back into Ethereum just a week after selling a large tranche.Onchain data shows that Hayes offloaded 2,373 Ether (ETH), worth roughly $8.32 million at the time, when the token was trading near $3,507. The sale, which occurred about a …

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Trump-linked World Liberty Financial is weighing a $1.5 billion Nasdaq-listed treasury company to hold WLFI tokens, a significant amount of Ether shorts got liquidated. Meanwhile, Ukraine’s parliament plans to conduct the first reading of a crypto regulation. World Liberty Financial…

XRP price jumps on 200% futures volume surge as Ripple lawsuit ends

XRP price jumps on 200% futures volume surge as Ripple lawsuit ends

Key takeaways:XRP futures volumes have popped by over 200% in the last 24 hours.XRP price chart bull flag targets $4.50 by September or October.XRP has risen by over 10% since Thursday, when Ripple and the US Securities and Exchange Commission (SEC) agreed to dismiss their legal appeals against one…

Blockchain AI cannibalizes decentralized AI

Blockchain AI cannibalizes decentralized AI

Opinion by: Samuele Marro, PhD student in machine learning at the University of OxfordThe Web3 AI space has fallen into a trap. Somewhere along the way, ā€œdecentralized AIā€ became synonymous with ā€œblockchain AI.ā€ This false equivalency actively harms innovation.Ā Excellent decentralized AI projects co…

Traders bet on $200K year-end Bitcoin, but real odds tell a different story

Traders bet on $200K year-end Bitcoin, but real odds tell a different story

Key takeaways:Diagonal and butterfly spreads benefit from BTC near $160,000.$200,000 year-end call options imply less than 3% chance of profit.Bitcoin (BTC) traders are gearing up for the year-end $8.8 billion options expiry, scheduled for Dec. 26 at 8:00 am UTC. More than $1 billion in Bitcoin opti…

 XRP price jumps on 200% futures volume surge as Ripple lawsuit ends

XRP price jumps on 200% futures volume surge as Ripple lawsuit ends

Key takeaways:XRP futures volumes have popped by over 200% in the last 24 hours.XRP price chart bull flag targets $4.50 by September or October.XRP has risen by over 10% since Thursday, when Ripple and the US Securities and Exchange Commission (SEC) agreed to dismiss their legal appeals against one…

China cracks down on stablecoin promotions, research and seminars

China cracks down on stablecoin promotions, research and seminars

Chinese authorities have instructed local firms to stop publishing research or holding seminars related to stablecoins, according to a Friday report from Bloomberg.Chinese financial regulators have reportedly asked local brokers and other entities to cancel seminars and halt the promotion of researc…

How a retired Aussie cop lost $1.2M in a crypto scam in Thailand

How a retired Aussie cop lost $1.2M in a crypto scam in Thailand

How was Michael Reinecke lured into the crypto scam? In the fast-evolving landscape of blockchain and the digital assets ecosystem, stories of overnight riches often overshadow the darker side: sophisticated scams that prey on the inexperience and trust of victims.Ā One such cautionary tale unfolde…

GreedyBear scam group ramps up crypto theft to ā€˜industrial scale’

GreedyBear scam group ramps up crypto theft to ā€˜industrial scale’

A malicious campaign has netted more than $1 million in stolen crypto using a trifecta of attack types through hundreds of browser extensions, websites and malware, said cybersecurity firm Koi Security.Koi Security researcher Tuval Admoni said on Thursday that the malicious group, which the company …

Buying Bitcoin years ago wouldn’t have made you rich today, trader says

Buying Bitcoin years ago wouldn’t have made you rich today, trader says

The odds of an early Bitcoin investor buying the cryptocurrency when it was worth only a few cents and keeping those holdings until today to become a billionaire are extremely low, a crypto trader said.The trader, known as Techdev, shot down the notion that many traders could’ve held onto Bitcoin (B…

SBI Holdings denies reports it filed for Bitcoin-XRP dual ETF in Japan

SBI Holdings denies reports it filed for Bitcoin-XRP dual ETF in Japan

Japanese financial services conglomerate SBI Holdings denied media reports that the company has filed crypto-related exchange-traded funds (ETFs).Ā Media reports circulated Wednesday saying SBI had filed an ETF application for two products: a dual gold and crypto ETF and a dual Bitcoin and XRP ETF.…