Ether’s (ETH) drop below the $2,000 on Friday put it at risk of a deeper correction in the coming weeks or months. Key takeaways: Ether’s price shows structural weakness as it fails to hold above the $2,000 psychological support. Analysts say ETH price may drop further toward the $1,750-$1,850 support zone. Ether’s demand stays negative, … Read more
Opinion by: Kirill Avery, founder and CEO of Alien AI-generated voices are already being used in ransom scams. Synthetic agents now trade, vote and interact on blockchain networks. In this environment, the greatest threat to crypto is no longer scalability or regulation; it is the collapse of trust. As deepfakes, bots and synthetic agents saturate … Read more
The Financial Times reported Friday that Tether has hired KPMG to conduct its first full audit of USDT’s financial statements and brought in PwC to help prepare its internal systems, citing people familiar with the matter. The reported mandate follows Tether’s Tuesday announcement that it had formally engaged a Big Four firm for an inaugural … Read more
The UK government is cracking down on a $20 billion Chinese-language crypto guarantee marketplace, with sweeping sanctions aimed at cutting the platform off from crypto access. The UK’s Foreign, Commonwealth & Development Office said in a statement Thursday that Xinbi provides crypto-based services, scam-enabling tools and other illicit services to bad actors and plays a … Read more
US Representative Maxine Waters, the ranking Democrat on the House Financial Services Committee, is demanding answers from the Federal Reserve Bank of Kansas City over the approval of Kraken Financial’s limited-purpose master account. In a letter Thursday, Waters asked Kansas City Fed President Jeff Schmid to respond by April 10, outlining what Kraken’s approval means … Read more
GameStop revealed on Tuesday that it pledged nearly all of its Bitcoin as collateral on Coinbase as part of a covered call strategy in January, ending two months of speculation over whether it had sold the coins. In a 10-K annual report to the Securities and Exchange Commission on Tuesday, the video game retailer revealed … Read more
The total Bitcoin (BTC) supply in profit stands at 60.6% on Thursday, continuing to move within a range historically associated with market cycle resets. The metric previously dropped to 50.8% on Feb. 5, its lowest level since January 2, 2023, leaving a large share of holders at breakeven or at a loss. Similar conditions in … Read more
Michael Selig, chair of the US Commodity Futures Trading Commission, said blockchain could play a key role in verifying AI-generated content, contending the technology can help distinguish authentic media from synthetic outputs as concerns over misinformation grow. During an appearance on The Pomp Podcast on Thursday, Selig was asked by host Anthony Pompliano about the … Read more
Crypto exchange Coinbase Global has launched a mortgage structure with Better Home & Finance that lets qualified borrowers pledge digital assets held in Coinbase accounts to fund down payments on standard conforming mortgages designed in accordance with Fannie Mae guidelines. According to Coinbase, the structure enables borrowers to pledge digital assets such as Bitcoin (BTC) … Read more
Opinion by: Samuel Owusu-Boadi, founder of WellsForAll Over the past decade, crypto philanthropy has exploded. From a niche experiment to a transformative force channeling billions into global causes, crypto philanthropy’s moment has arrived. According to data from The Giving Block, crypto donations exceeded $1 billion in 2024, proving that blockchain-based giving is now a legitimate, … Read more