Day: November 6, 2025

Coinbase Exchange Settles With Ireland Over Transaction Monitoring Errors

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Coinbase Europe Limited, the European affiliate of US crypto exchange Coinbase, has reached a 21.5 million euro ($24.7 million) settlement with the Central Bank of Ireland following technical failures in its transaction monitoring system between 2021 and 2022. In a Thursday blog post, Coinbase said the coding errors caused the exchange’s internal compliance software to only partially screen some transactions for suspicious activity. The company said it detected the issue through internal testing, fixed it within weeks, and later reviewed all affected transactions. Coinbase Europe ultimately filed around 2,700 suspicious…

Is Ethereum (ETH) About to Rally? Breakdown Points to Bullish Setup

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Ethereum drops 14% in a week but holds key levels. Analysts see a bullish setup forming, with potential for a breakout toward $7,700+. Ethereum (ETH) has faced a sharp pullback in recent days, dropping 14% over the past week. Despite this decline, analysts suggest the recent breakdown may not indicate weakness but could instead lead to the next major upward move. The asset is trading around $3,390 at press time, after gaining 2% in the past 24 hours. Some technical analysts continue to point toward long-term chart structures and…

Jurors Ask Pointed Questions in MEV Bot Trial as Deliberations Proceed

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The jury deciding the fate of two men accused of money laundering and fraud related to a $25 million exploit of the Ethereum blockchain has submitted a series of detailed questions to the judge as they deliberate, indicating a close scrutiny of key points in the case. On Wednesday, jurors in the criminal trial of Anton and James Peraire-Bueno began deliberating over a verdict after three weeks of hearing differing theories of the case from defense attorneys and US prosecutors. The brothers stand accused of using maximal extractable value (MEV)…

OKX launches Pay and Card services in Brazil with Mastercard support

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Key Takeaways OKX introduced Pay and Card services in Brazil, allowing users to convert local currency to stablecoins. The new services are launched in partnership with Mastercard, integrating crypto with mainstream payments. Share this article OKX, a cryptocurrency platform, today launched Pay and Card services in Brazil with Mastercard support, enabling users to convert local currency to stablecoins for seamless savings and spending. The collaboration with Mastercard, a global payments firm, integrates stablecoin transactions into everyday payments, including support for digital wallets like Apple Pay. The launch aligns with growing…

$100B BTC Shift Fuels OG vs Trader Clash

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Key takeaways: Over $104 billion in long-held Bitcoin has moved since 2024, sparking debate on whether older BTC investors are exiting the market for good. Onchain data shows most moved Bitcoin was from short-term holders, not older addresses. Bitcoin’s (BTC) price dip from $126,000 to $100,000 coincided with a notable uptick in selling by long-term holders (LTH). Cointelegraph reported that more than 400,000 BTC moved from LTH wallets in the past 30 days, prompting a debate over whether these flows represent genuine “OG” exits or routine redistribution by traders. Alex…

Miami mayor’s Bitcoin salary sees 300% increase

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Key Takeaways Miami Mayor Francis Suarez receives his salary in Bitcoin, and the value of his 2021 salary has increased by 300% due to Bitcoin’s price appreciation. Suarez adopted a Bitcoin-only salary in 2021 to signal support for cryptocurrency and innovative compensation options in government. Share this article Miami Mayor Francis Suarez, a pro-crypto leader who receives his salary in Bitcoin, has seen his Bitcoin-denominated compensation increase by 300% due to the cryptocurrency’s price appreciation. Suarez made headlines in 2021 when he began accepting his mayoral salary entirely in Bitcoin,…

UN Set To Launch New Blockchain Push for Global Governments

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The United Nations Development Programme (UNDP) plans to launch two initiatives aimed at helping countries adopt blockchain technology. Robert Pasicko, the leader of UNDP’s financial technology team, AltFinLab, told Cointelegraph at the UN City offices in Copenhagen, Denmark, that the organization plans to launch a blockchain education program for government officials alongside a blockchain advisory body. The initiative builds on the UNDP’s existing blockchain academy for UN staff, now aimed at helping governments implement blockchain in real-world applications. Pasicko said that “in a few weeks,” the new academy will begin…

So Why Is Bitcoin (BTC) Breaking Down?

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BTC, ETH, and SOL are losing all major SMAs signals amid deteriorating structure, even though bullish catalysts remain “on paper.” After a devastating downturn this week, Bitcoin climbed above $103,000, posting a gain of just over 1% in the past 24 hours. This has revived hopes of a recovery. But fresh data suggest that the crypto asset went below critical trendlines, and analysts say multiple weekly closes under its 50-week moving average confirm the cycle top. Vanishing Demand Year-to-date, both gold and the S&P 500 have now outperformed Bitcoin,…

The truth behind Zcash comeback in 2025

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Privacy is in vogue, and there has been an outsized winner in the market. The Zcash protocol has been the talk of crypto twitter and the price of its native token, Zcash (ZEC), has reflected that narrative. Zcash’s token has been trading above $500 for the first time since 2018, driven by an intriguing trend of support from some of the industry’s most popular commentators.  The likes of Arthur Hayes, Naval Ravikant, Mert Mumtaz, Ansem, Threadguy and other notable accounts have been advocating for the privacy-first benefits of Zcash for…

Bitcoin Undervalued Against Gold At $100,000, Says New JPMorgan Report

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Key points: Bitcoin joins US stocks in erasing its latest gains as market nerves heighten over US economic cues. Fed interest rate cut odds slowly increase, but analysis says that risk assets could get a nasty surprise. JPMorgan now sees Bitcoin as undervalued against gold. Bitcoin (BTC) wobbled below $102,000 at Thursday’s Wall Street open as US stocks dipped on macro data. BTC/USD one-hour chart. Source: Cointelegraph/TradingView BTC price trends down with stocks Data from Cointelegraph Markets Pro and TradingView showed BTC price losses nearing 2% on the day. BTC/USD…