Crypto

Ethereum lost 46% to 60% of its value after similar bearish crosses in the past, and the same signal is flashing again this October. Key takeaways: Ether price previously fell 60% from a bearish cross that’s again in play. ETH must hold above $4,000 to avoid further losses.  Read more

Police believe thousands of victims were caught in the global scam using fake investment websites.

The deal, pending regulatory approvals, would give Ripple access to large enterprise clients as it is building out financial services around its digital asset business.

Bitcoin charts show conflicting signals as year-end nears, with traders debating a possible $250K move amid rising gold and holder activity.

The total market cap of the 14 U.S.-listed bitcoin miners that the bank covers rose 41% from the end of last month to a record $79 billion.

For a few surreal moments on Oct. 15, the Ethereum blockchain seemed to host the financial equivalent of a dream. Paxos, the issuer behind PayPal’s stablecoin PYUSD, accidentally minted $300 trillion worth of tokens, which is roughly 300 times the global GDP, before burning them just as fast. The minting, visible on Ethereum’s public ledger, […] The post The day $300 trillion appeared and then vanished on Ethereum appeared first on CryptoSlate.

Coinbase Business, as the new service is called, will simplify vendor payments, eliminate chargebacks, and offer seamless API integrations.

Lawmakers are mulling plans to put the Philippines’ budget on-chain to curb corruption, but lawyers warn of centralization and privacy risks.

Litecoin: A resilient digital asset. Explore its history, technical features, innovation, and why it endures as a key component of the crypto ecosystem.

Jito Foundation will use the funding to grow its validator technology, staking protocol, and developer tools on Solana.

Visa says stablecoins could reshape the $40 trillion credit market, despite IMF warnings about rising financial risks.

Bitcoin briefly slipped under $110,000 Thursday morning, with options data showing that traders are hedging for further downside.

The bank initiated coverage of the stock with a market outperform rating and a $50 price target.

Grayscale’s spot crypto ETFs bring regulated staking yields to mainstream investors, merging crypto rewards with traditional Wall Street exposure. Grayscale has bridged traditional finance and decentralized crypto by launching the first publicly traded staking investment vehicle. Its staking-enabled ETPs allow investors to earn blockchain rewards without running validator nodes or managing complex technical and custody risks. Grayscale’s Ether and Solana ETPs are the first in the US to combine spot crypto exposure with staking rewards, paying yields through the fund’s NAV or direct payouts. Read more

Bitcoin retested support levels under $110,000 as data showed smaller investors buying and whales cooling their extended BTC sell-off. Key points: Bitcoin finally sees investors who are willing to “buy the dip” at prices around $110,000. Multiple support retests continue to grab trader attention. Read more

Earlier this week, Roger Ver entered a deferred-prosecution agreement that ended his April 2024 indictment on mail fraud, tax evasion, and false-return charges. Ver, also known as “Bitcoin Jesus,” admitted he willfully failed to report all his Bitcoin (BTC) holdings when he renounced US citizenship in 2014, paid $49.93 million in back taxes, penalties, and […] The post Bitcoin Jesus pays $50 million to dodge prison – but can he really live freely? appeared first on CryptoSlate.

Fetch.ai CEO Humayun Sheikh accused Ocean Protocol of mishandling ASI tokens, pledging to fund class-action suits to “expose the truth.” A feud between Fetch.ai CEO Humayun Sheikh and the Ocean Protocol Foundation has escalated into legal threats, onchain accusations, and a reaction from Binance, all centering on about 286 million Fetch.ai (FET) tokens worth roughly $84 million. The conflict stems from the Artificial Superintelligence (ASI) Alliance, a 2024 merger that combined AI-focused crypto projects Fetch.ai, Ocean Protocol and SingularityNET under a shared token framework.  On Wednesday, Sheikh alleged that Ocean Protocol minted and transferred millions of OCEAN tokens before the merger. He said the project later converted them into FET and moved large sums to centralized exchanges and market-making firms without proper disclosure. Read more

Steak 'n Shake has launched a Bitcoin Steakburger to celebrate five months of accepting BTC for menu items like burgers and milkshakes.

Babylon Labs says it has built a system using BitVM3 that allows native Bitcoin to be used as trustless collateral for borrowing on Ethereum, but its trustless design raises questions. A co-founder of Bitcoin infrastructure company, Babylon Labs, claims to have built a system that allows for native Bitcoin to be used as trustless collateral to borrow on the Ethereum blockchain. In a Wednesday X post, Babylon Labs co-founder and Stanford University professor David Tse claimed Babylon built a proof-of-concept allowing for native Bitcoin (BTC) “to be used trustlessly as collateral to borrow on Ethereum for the first time.” The comments follow Babylon’s release of a white paper in early August, outlining what it calls a Bitcoin trustless vault system. The system leverages the Bitcoin smart contract verification system BitVM3 to lock BTC in per-user vaults, where withdrawals (redemption or liquidation) are gated by cryptographic proofs of external smart contract state verified on Bitcoin. Read more

Bitcoin continues to struggle after the massive liquidation event earlier this month. The market’s optimism has cooled, and BTC is consolidating near $111,000 as traders remain cautious. Technical Analysis By Shayan The Daily Chart On the daily chart, BTC is hovering just above key support around $110,000, which is the critical 200-day moving average, while […]