by Michael
Key TakeawaysIsrael’s prime minister has directed officials to explore cryptocurrencies and blockchain technology to circumvent potential international banking sanctions.The initiative comes amid growing international pressure on Israel, with Netanyahu also calling...
by Michael
Key TakeawaysHSBC launched RedCoin (RCHKD), a regulated Hong Kong dollar-backed stablecoin, through its PayMe platform, reaching 3.3 million users and over 100,000 merchants.RedCoin enables instant payments and transfers, with plans to expand into HSBC’s banking app,...
by Michael
Key TakeawaysBitcoin held flat near $81,500 Friday, leaving its 30-day market capitalization down 3% at $1.64 trillion.Long liquidation wipeouts accounted for nearly 64% of total crypto market liquidations of nearly $255 million.Mitchell Askew of Blockware expects...
by Michael
Key TakeawaysNew York seeks $1.37B from NovaTech founders after a default judgment in the crypto fraud case.Investors sent $1.16B, but only $25.99M reached the trading platform, and most of that was lost.The case shows how massive crypto inflows can mask very little...
by Michael
Key TakeawaysPentagon personnel are prohibited from using classified or unclassified nonpublic information to trade on Polymarket, Kalshi and other financial platforms.The directive follows charges against a Special Forces soldier accused of profiting from bets on the...
by Michael
Key TakeawaysBitcoin Core is updating its security policy as AI tools make software vulnerabilities easier and faster to discover.Easily discoverable vulnerabilities will receive expedited patches across maintained versions, with public advisories issued alongside...
by Michael
Key TakeawaysA Project Kimchi token hit a market cap top close to $15 million on Pump.fun yesterday before crashing over 98%.Pump.fun co-founder Alon reposted the promo and later removed it, sparking refund demands from traders.Bubblemaps traced Kimchi’s TRUMP profits...
by Michael
Key TakeawaysA wallet holding 3,000 ETH bought at $18.83 sent it all to Kraken on Oct. 22, for a 128x gain.Analysts link it to a second wallet that sold 3,000 ETH since September, about $15.85 million in total.The exit lands as ether ETFs bleed outflows and Bitmine...
by Michael
Key TakeawaysSygnum and Debifi launched MultiSYG, a bitcoin-backed loan product secured by a multisig wallet.The product appears to be the first of its kind offered by a regulated bank.The partners say collateral is held in dedicated multisig wallets, with signing...
by Michael
Key TakeawaysGold dipped to about $3,986 on Oct. 23, after silver sank 5.8% and gold 2.8% the day before.Peter Brandt warned gold could erase its entire 2025 advance, a direct jab at gold bull Peter Schiff.Traders now watch the Fed’s Oct. 27-28 meeting, with CME...
by Michael
Key TakeawaysCircle shareholder J. Benjamin Greenberg sued Trump and World Liberty Financial in Washington on Oct. 22.The suit targets a $500 million WLFI stake sale and a $2 billion MGX deal settled in the USD1 stablecoin.A judge has yet to rule, while Circle, World...
by Michael
Key takeaways BTC traded around $81,593, above its 50-day EMA at $80,878. Bitcoin’s RSI near 47 and slightly negative MACD suggest recovery momentum remains weak. BTC faces resistance at $85,000, with deeper support at $77,528 and $76,186. Crypto prices stabilize... Translate »