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Ukrainian lawmakers have introduced a draft bill that would allow the National Bank of Ukraine (NBU) to include cryptocurrencies like Bitcoin in the country’s reserves.Submitted to Ukraine’s parliament, the Verkhovna Rada, on Tuesday, bill number 13356 proposes amendments to the law “On the National…
An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to be stored on the Bitcoin blockchain, a developer says.The Bitcoin Core 30 update slated for Oct. 30 will remove the 80-byte limit on the controvers…
Key points:Bitcoin gained 3.6% to above $109,000 on June 10, fueled by US-China trade talks and high open interest in the futures market.A BTC price bull-flag is in play on the chart, targeting $158,000.Bitcoin is up today, rising over 3.6% in the last 24 hours to over $109,300 on June 10. Data fro…
Key points:The Coinbase Premium metric has reached its highest since February as US demand for Bitcoin accelerates.“Signs of overheating” remain absent, analysis says, predicting positive trends through the end of 2025.Exchange reserves continue to decline, with spot exchanges down 550,000 BTC in un…
Brian Quintenz, US President Donald Trump’s nominee to chair the Commodity Futures Trading Commission (CFTC), has said that blockchain is a foundational technology poised to transform much more than just finance.In prepared remarks ahead of his Senate confirmation hearing shared with Cointelegraph, …
Key points:The crypto market is up 3.9% on June 10, with its capitalization rising to $3.41 trillion.Continued capital inflow into crypto investment products is boosting investor confidence.The TOTAL chart validates a bull flag pattern targeting $4.36 trillion.The cryptocurrency market is up today, …
The Bank of Japan’s (BOJ) upcoming monetary policy meeting in June may provide the next significant catalyst for global risk assets like stocks and cryptocurrencies.The BoJ is set to take its next interest rate decision at its upcoming monetary policy meeting on June 16–17.The central bank may provi…
A crypto founder has been arrested in New York for allegedly using his crypto firm, Evita Pay, to funnel around $530 million into the US from sanctioned Russian banks to help Russians access highly sensitive American technology.Iurii Gugnin was hit with a 22-count indictment and will face charges re…
Key takeaways:Bitcoin’s Doji candle and a bullish chart fractal hint at a rally to $120,000.Bitcoin HODLers are absorbing freshly sold BTC, a historically bullish sign for its price.Bitcoin price broke out from a descending trendline pattern after forming a local bottom at $100,300 on June 6, and n…
Coinbase CEO Brian Armstrong said the crypto exchange has reduced unnecessary user account freezing by 82%, after identifying it as a “major issue” for the exchange. In a June 6 X post, Armstrong acknowledged that account freezing has been a problem “for longer than is acceptable,” and that it has b…
Cetus Protocol, a Sui-native decentralized exchange that suffered a huge $220 million exploit in May, says it is now working on going open-source following its recent relaunch. An attacker exploited a pricing mechanism flaw to drain tokens from Cetus’ major liquidity pools on May 22. The protocol ma…
A collective statement from 31 Bitcoin core developers has sparked a global debate among Bitcoiners after suggesting a hands-off approach to how the Bitcoin network is used, amid ongoing controversy over non-monetary use cases.“This is not endorsing or condoning non-financial data usage, but accepti…