Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments.
Google says Anthropic AI models will remain available on Google Cloud despite Pentagon restrictions limiting defense use of Claude systems.
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Grammarly's “Expert Review” feature uses AI to give feedback through the lens of noted writers and scholars—some of whom are no longer living.
Washington lawmakers are moving on multiple fronts to curb the most politically toxic corners of prediction markets after millions of dollars flowed into bets tied to US-linked military action in Iran. Over the past week, several Democratic lawmakers have been pursuing multiple paths to rein in the fast-rising business. One effort, led by Rep. Mike […]
The post After $679 million in Iran war bets, Democrats move to ban prediction markets tied to military action appeared first on CryptoSlate.
Florida passes stablecoin bill creating licensing and compliance rules for issuers awaiting Gov. Ron DeSantis signature.
The post Florida becomes first US state to pass stablecoin framework appeared first on Crypto Briefing.
Bitcoin sold off below $70,000 on Friday, leading analysts to conclude that this week’s breakout to $74,000 was a relief rally rather than a longer-lasting sign of a trend change.
The Curve Finance team told PancakeSwap that it must go through the proper licensing process to collaborate and use code created by Curve.
Institutional interest continues to grow, but a stronger dollar and shifting interest rate expectations are keeping a lid on the latest rally.
Senator Elizabeth Warren pointed to the SEC's recent settlement with Tron founder Justin Sun, saying “any crypto legislation moving through Congress“ should address corruption.
Profit-taking by short-term Bitcoin traders accelerated the BTC drop below $70,000, but spot and futures traders may kickstart a quick recovery.
Data of the Bitcoin URPD shows a supply chasm exists between $72,000 and $81,000, potentially making resistance in the region relatively light. Bitcoin URPD Signals Air Gap Until $81,000 In a new post on X, analyst Ali Martinez has talked about how Bitcoin support and resistance levels are looking from the perspective of the UTXO Realized Price Distribution (URPD). This indicator tells us about the amount of supply that was last transacted or purchased at the various price levels that BTC has visited in its history. Related Reading: Bitcoin Spot ETFs See 14-Day Netflows Surge: Demand Returning? Below is the chart shared by Martinez that shows the URPD for Bitcoin as it currently stands. From the graph, it’s visible that the levels between $60,000 and $70,000 hold the cost basis of a notable amount of the supply. The $67,000 mark, in particular, has a huge value on the URPD. Earlier, the bearish price action had meant that Bitcoin slipped all the way to the $60,000 level. What had followed the decline was a consolidation period in the region below $70,000. As the price moved sideways here and trading occurred, supply saw repricing into levels falling inside the range, which is potentially why the region is now looking so dense on the URPD. This week, Bitcoin has finally seen a breakout above $70,000, meaning that it’s now past the dense zone. As is apparent from the chart, the nearby levels in the up direction only hold a relatively small share of the supply. Generally, when the market mood is bearish, investors in loss can react to surges to their acquisition level by exiting the market. They may do so fearing that the price rally is only temporary and that they could fall underwater again. Due to this, large levels of the URPD that are situated above the spot price can act as potential centers of resistance in the future. Since the $72,000 to $81,000 price range is relatively thin with supply right now, it may not provide too much resistance to Bitcoin. As the analyst explains, “if momentum builds, there is open air in that range.” For momentum to build, the support levels below might have to hold first. Just like how large supply zones above can provide resistance, those below can act as support cushions instead. This happens as investors accumulate more to defend their acquisition level. Related Reading: Bitcoin Surge To $74,000 Fueled By US Institutions, Coinbase Premium Signals As the Bitcoin market sentiment has been quite bearish recently, it remains to be seen whether dips into the supply cluster at $70,000 and below will be met with buying. BTC Price At the time of writing, Bitcoin is trading around $70,500, up 4% over the past week. Featured image from Dall-E, chart from TradingView.com
Binance denied $1.7 billion in Iran sanctions violations and stood behind its compliance operations, in a new letter to Senator Richard Blumenthal.
Chicago-based BlockFills suspended client deposits and withdrawals last month citing "recent market and financial conditions."
Senate Bill 314 provides a framework for payment stablecoin issuers in the state, aligning with federal GENIUS Act standards.
Bitcoin’s brief rally above $73,000 during the past day has the feel of a price performance that could still fade, fast, noisy, and familiar to anyone who has watched bear-market rebounds fail. What is different this time is not the price print, but the growing alignment of signals pointing to a possible transition out of […]
The post Bitcoin could tag $90,000 again but only if this level stops acting like a sell wall for trapped traders appeared first on CryptoSlate.
UK is working to finalize its broader crypto rulebook, but firms like Coinbase are urging regulators to avoid restrictive stablecoin policies.
To stay in the game, rather than try to outlearn every new release, learn how to use AI to strengthen your finances and build a buffer against industry disruption, says Naja.
Bitcoin bounced back this week as stablecoin inflows surged, and DeFi faced fresh pressure from Aave governance strife, exploits and exchange security moves.
In a Cointelegraph interview, Arthur Hayes explains why global markets may not be pricing in a longer war in the Middle East, and what that may mean for energy prices, liquidity and Bitcoin.
Bitcoin’s recent break above $70,000 is leading to questions of whether this is the start of a new impulsive leg higher or just another stop in a longer bottoming process. Crypto analyst CrypFlow, posting on X, laid out a technical case for why Bitcoin may be in the early stages of forming a major cycle bottom and why October 2026 could mark the launchpad for the next full-scale bull run. The analysis is based on multi-year trendlines, cycle behavior, and the Stochastic RSI indicator. Bitcoin Is Respecting Trendline That Has Held Since 2018 Technical analysis of Bitcoin’s price action on the monthly timeframe shows that the leading cryptocurrency’s price action is still respecting a multi-year trendline that has quietly shaped Bitcoin’s biggest cycle lows. That ascending trendline connects the 2018 cycle bottom with the 2022 bottom and now appears to be acting as support again in 2026. Bitcoin’s current position is now sitting right on top of that structure. Related Reading: Bitcoin Just Flashed Death Cross That Has Led To Previous Bottoms, But What’s The Target? CrypFlow also pointed to a major horizontal zone that previously acted as resistance around the 2021 cycle top. That old ceiling around $69,000 is now being tested as support in the current price action. That kind of role reversal is very important for Bitcoin’s price action, because it shows the cryptocurrency may be trying to build a base at the intersection of that old resistance band and the rising trendline. If Bitcoin manages to stay above the current zone near $69,000 without falling to the $50,000 region, it would mirror the structure seen at the 2022 bottom. That low formed at a similar confluence where the rising trendline met the previous cycle’s resistance from the 2017 peak. Timeline For A New Bull Run Price levels get all the attention. Time gets almost none, and according to CrypFlow, that is precisely where most people are getting this cycle wrong. The analyst pointed to the Stochastic RSI to track how long this indicator has spent below the zero line during each major bear market cycle, and the historical pattern is striking in its consistency. Related Reading: Analyst Says It’s Time For Bitcoin, But What’s Important About $58,000? In the 2018/2019 cycle, the Stochastic RSI spent approximately 365 days below zero before Bitcoin mounted its real reversal and the next bull market began. The same held true in the 2022/2023 bear market cycle, where Bitcoin spent roughly one full year below zero before the sustained recovery kicked in. This cycle, however, Bitcoin’s Stochastic RSI has only been below zero for around 120 days. Putting it all together, this opens up a scenario where Bitcoin forms a double bottom later this year, likely around October 2026, before the next major bull run begins. This doesn’t necessarily mean Bitcoin is about to crash further. What it does suggest, according to CrypFlow, is that the price action hasn’t completed the slow, grinding work that true cycle bottoms are built on. Featured image from Pngtree, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The penalty underscores the critical need for robust system safeguards to prevent costly disruptions in financial markets.
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Coinbase Financial Markets will provide 24/7 access to over 20 futures contracts as the exchange expands its prime brokerage offering.
The bill legally formalizes oversight over Pakistan's crypto industry, sanctions compliance and anti-money laundering regulations.
Stress in the $3.5 trillion private credit market could ripple into digital assets through both macro contagion and tokenized credit markets, experts warn.
BitGo CEO Mike Belshe discusses institutional adoption of crypto, market structure, and how infrastructure companies are shaping the future of digital assets.
Kalshi faces a class action over a $54M prediction market on Iran Supreme Leader Ali Khamenei leaving office.
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The new onchain trading engine from the xStocks platform enables trading of more than 70 tokenized equities across Ethereum and Solana.
The crypto exchange responded to a Senate inquiry over sanctions by claiming that “no Binance account transacted directly with an Iran-based entity.“
President Donald Trump projected four to five weeks for the conflict with Iran to come to an end. The market priced its playbook: headline shock, brief spike, diplomatic theater, then normalization. That script worked in 2019 when drones hit Saudi Aramco facilities, and Brent jumped 15% only to surrender the entire gain within weeks. Traders […]
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