Crypto

Source: Bitcoinist Bitcoin is at a pivotal moment after enduring weeks of aggressive corrections and underwhelming price action. Currently testing the crucial psychological level at $60,000, the cryptocurrency faces a critical phase where investor sentiment is shifting from fear to cautious optimism.  This transition comes as many anticipate a potential rally in the coming weeks….

Source: Coin Tegraph An Ethereum developer warned that if nothing is released by June 2025 following a split, it would be regarded as “a failure.” Read Full Article

Source: Bitcoinist Despite seeing multiple crashes over the last few months, the expectations for the Bitcoin (BTC) price remain incredibly high following a spike in exchange-traded fund (ETF) inflows. Leading this forecast is crypto analyst Micky Bull, who has unveiled another bullish prediction, putting the BTC price above the coveted $100,000 mark. Bitcoin ETFs Positive…

Source: Bitcoinist Market participants are eagerly awaiting the upcoming Federal Open Market Committee (FOMC) meeting, which is expected to play a crucial role in shaping the short-term outlook for Bitcoin and other digital assets. The spotlight is on the potential for an interest rate cut, and many traders and investors have been speculating about it…

Source: Coin Tegraph The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD. Read Full Article

Source: Bitcoinist A lot has been made of the Bitcoin price history in September, putting extra spotlight on the largest cryptocurrency by market capitalization. Despite the somewhat wobbly start and generally bearish expectations, the premier cryptocurrency has not exactly had a woeful stint in this historically negative month. The price of BTC has been on…

Source: Coin Tegraph Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the potential payout. Read Full Article

Source: Bitcoinist After being found guilty of fraud and conspiracy in November, former CEO of the now-defunct crypto exchange FTX, Sam Bankman-Fried, has appealed seeking a fresh trial. His legal team contends that Lewis Kaplan, the presiding judge, was biased and that the narrative of the case was mostly against him. Currently serving a 25-year…

Source: Coin Tegraph According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024. Read Full Article

Source: Bitcoinist The England High Court of Justice recently ruled that Tether’s stablecoin USDT is a property. Crypto commentator GS has highlighted what this means for the stablecoin going forward, including how it could lead to increased adoption.  What The UK Court Ruling Means For USDT GS mentioned in an X (formerly Twitter) post that…