Category: Bitcoin News

Bitcoin Closes CME Gap as CPI Worries Weigh on Risk Assets

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Key points: Bitcoin retreats to near $106,000 as gold struggles to find support after major daily losses. BTC price action continues low-time frame liquidity games after failing to hold support higher. CPI week begins to take its toll on crypto and risk assets. Bitcoin (BTC) stuck to $108,000 after Wednesday’s Wall Street open as gold sought new lows. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin vs. gold celebrations cut short as price U-turns Data from Cointelegraph Markets Pro and TradingView tracked volatile BTC price action after a trip to $106,100 earlier…

Aave DAO Proposes $50M Annual Buyback

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Aave’s decentralized autonomous organization (DAO) introduced a proposal to create a long-term, protocol-funded buyback program that would use up to $50 million in annual revenue to repurchase Aave tokens. The proposal, submitted on Wednesday by the Aave Chan Initiative (ACI), seeks to make buybacks a permanent component of Aave’s tokenomics. Under the plan, the Aave Finance Committee (AFC) and TokenLogic would lead the execution, repurchasing $250,000 to $1.75 million in Aave (AAVE) tokens weekly, depending on market conditions, liquidity and volatility.  If approved, the proposal will proceed through the Aave…

BNB Price Targets $845 After Breaking Below a Descending Triangle

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Key takeaways BNB price must hold $1,000 support to avoid a deeper correction to $845. Spot taker CVD remains negative, suggesting waning demand. BNB (BNB) displayed weakness on Wednesday, down 10% over the last seven days, trading at $1,072. Multiple technical and onchain indicators suggest that the Binance-linked coin must hold the $1,000 support to avoid a deeper correction toward $845. BNB bulls need to defend $1,000 support The latest sell-off has seen the BNB price drop toward the $1,050 support level. Bulls were fighting to push BNB above this…

DeepSeek, Qwen, Overtake ChatGPT, Grok In Autonomous AI Crypto Trading

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Chinese artificial intelligence models are outperforming their United States counterparts in cryptocurrency trading, according to data from blockchain analytics platform CoinGlass, as competition between leading generative AI chatbots intensifies. AI chatbots DeepSeek and Qwen3 Max, both developed in China, led the ongoing crypto trading experiment on Wednesday, with the former being the only AI model to generate a positive unrealized return of 9.1%. Qwen3, an AI model developed by Alibaba Cloud, came in second with a 0.5% unrealized loss, followed by Grok with a 1.24% unrealized loss, according to blockchain…

Open Banking Will Keep America At The Forefront Of Financial Innovation

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Opinion by: Senator Cynthia Lummis  When people think of digital assets and financial innovation, they often picture Silicon Valley or Wall Street.  Wyoming, with its vast open spaces, unique economy and remote communities, however, makes a compelling case for why digital assets, fintech and open banking are so important.  The US Congress passed Section 1033 of the Dodd-Frank Act in 2010, requiring the Consumer Financial Protection Bureau (CFPB) to ensure consumers could access and own their own financial data.  The open banking section of this law is a bright spot.  Wyoming…

Bitcoin Whales Abandon Self-Custody for ETFs Amid Tax Advantages

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Bitcoin’s self-custody era may be ending as wealthy holders increasingly transfer assets into regulated exchange-traded funds (ETFs) amid tax incentives and improving institutional infrastructure. In a Wednesday post on X, Martin Hiesboeck, head of blockchain and crypto research at crypto financial services platform Uphold, said the movement of large Bitcoin (BTC) wallets into ETFs marks the first significant decline in self-custodied BTC in more than 15 years. “Another nail in the coffin of the original crypto spirit,” he wrote, noting that the “not your keys, not your coins” ethos that…

Stablecoins Are Replacing Speculative Tokens in Gaming Economies

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Stablecoins are taking on a new role in the $350-billion global gaming market, according to a new report published by the Blockchain Gaming Alliance (BGA).  The BGA report argued that fiat-pegged digital assets, once viewed as only payment tools or decentralized finance (DeFi) liquidity, are now becoming the unseen financial infrastructure that powers how developers pay creators, price items and retain players.  The report said that stablecoins like USDt (USDT) or USDC (USDC) offer economic stability that speculative tokens lack. By eliminating volatility from in-game economies, they enable predictability, faster…

$19B Crash: Buying Opportunity For $200K Bitcoin 2025: Standard Chartered

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Bitcoin may still be on track to reach $200,000 by the end of the year, even after a record $19 billion market liquidation and renewed tariff threats from US President Donald Trump, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick. The crypto market experienced a record $19 billion liquidation event on the weekend of Oct. 10, which caused Bitcoin’s (BTC) price to dip to a four-month low of $104,000 by Friday, Cointelegraph reported at the time. As the dust settles after the massive liquidation event, investors…

Sam Altman’s World Adds Polymarket In Direct Integration

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World, OpenAI CEO Sam Altman’s digital identity project, formerly known as Worldcoin, is expanding into prediction markets by integrating Polymarket. World App, a mobile application that combines a digital wallet with World’s decentralized identity tool, World ID, has integrated the Polymarket App, the company announced on Tuesday. “World App users can download and access the new Mini App today in countries where Polymarket’s services are permitted,” the announcement said. Both World App and Polymarket have faced usage restrictions globally, as Polymarket is yet to relaunch in the US after securing…

Why Most Crypto Cities Fail

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While there have been multiple attempts over the years at building “crypto cities” — special zones that rely on blockchain technology to function —most experiments have failed, and crypto executives think they know why.  One of the more recent high-profile projects was Akon City, the brainchild of Senegalese-American singer Akon. Announced in 2018, it was supposed to be a $6 billion smart city with a crypto-powered economy, but was officially abandoned in July. Satoshi Island, a project to acquire an entire island near Vanuatu, launched in 2021 with the aspiration…