Washington and Kyiv said that any eventual deal to halt the war with Russia must fully uphold Ukraine’s sovereignty, after “constructive” talks between US, Ukrainian and European officials in Geneva. After a day of meetings that kicked off based on a United States’ proposal that was criticised as being in Russia’s favour, negotiators have drafted “an updated and refined peace framework”, a US-Ukraine joint statement said on Sunday. US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict, which began after Russia launched a full-scale invasion. But Kyiv was seeking changes to the draft that accepted a range of Russia’s hardline demands, with the 28-point plan requiring the invaded country to cede territory, cut its army and pledge never to join the North Atlantic Treaty Organisation (Nato). “The talks were constructive, focused, and respectful, underscoring the shared commitment to achieving a just and lasting peace,” the joint statement said. “The...
Bitcoin showed signs of recovery after nearing $82,000 on Friday, with analysts noting easing selling pressure and rising Fed rate cut expectations. Crypto market analysts are confident that Bitcoin’s recovery could continue as the cryptocurrency has begun to move higher since its bottom at just above $82,000 on Friday. Tech stocks and crypto markets dumped over the past two weeks “because of the market flip-flopping on expectations for a rate cut,” Capriole Fund founder Charles Edwards posted to X on Monday. “As the market reverts, expect it will carry Bitcoin somewhat higher,” he added. Read more
Uniswap founder Hayden Adams said X's new feature showing the country that an account is based in was a form of “mandatory doxing.” Ethereum co-founder Vitalik Buterin has said a new feature rolled out by X revealing an account holder’s country was “risky,” agreeing with crypto users who flagged privacy concerns over the feature. X director of product Nikita Bier announced the feature was rolled out on Saturday, framing it as a way to ensure the integrity of the platform and allow users to verify information. Buterin said on Sunday that some accounts will eventually “find ways to pretend to be from countries that they are not,” but initially thought the change could have positive effects, such as increased visibility into how people from different communities feel about various issues. Read more
Bitcoin open interest has seen a sharp decline in the last month, which one analyst says could form a “solid bottom” for it to climb back from. Bitcoin open interest has dropped off as the cryptocurrency’s price has slid over the past month, which an analyst argues could see Bitcoin hit a bottom and spark a “renewed bullish trend.” Open interest in terms of Bitcoin (BTC) has seen its “sharpest 30-day drop of the cycle” at around 1.3 million BTC, currently worth $114 billion with Bitcoin trading at $87,500, analyst “Darkfost” posted to CryptoQuant on Sunday. The cascading price of BTC over the past few weeks “continues to trigger liquidations,” pushing traders to double down or readjust their strategies. However, it now appears investors are halting futures trading to “reduce risk exposure. Read more