Category: Bitcoin News

Former New York governor Andrew Cuomo is reportedly betting big on crypto and AI as part of his bid to return as the city’s next mayor.  The New York City mayoral candidate plans to make NYC “the global hub of the future” by coordinating initiatives across the blockchain, AI and biotech industries and modernizing how the city integrates new technology, co-host of Crypto in America, Eleanor Terrett, said on Saturday. Part of this will also involve creating a new chief innovation officer position aimed at attracting more investments and jobs…

The US dollar’s hegemony is over, as evidenced by China’s recent announcement of export controls on rare earth minerals, a critical component in electronics manufacturing and military defense applications, according to analyst Luke Gromen. China’s rare earth mineral export controls prohibit the sale of the critical minerals to the US military industrial complex, which backs the value of the dollar through military force, Gromen told Marty Bent, founder of Truth For the Commoner (TFTC), on Sunday. The export controls prompted US President Donald Trump to announce additional 100%  tariffs on…

Key points: Bitcoin can keep the bull market range in play if it reclaims $108,400 in the coming hours, says analysis. Volatility increases into the weekly close as thin order books see $200 million in 24-hour liquidations. Altcoin futures show just how traders have lost out since the last bear market bottom. Bitcoin (BTC) teased volatility into Sunday’s weekly close as price approached a key reclaim level. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Trader sees more BTC price volatility to come Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting…

Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), is the largest BTC holder in the world at the time of this writing, and the wallets controlled by Satoshi took an unrealized loss of over $20 billion since the all-time high price of over $126,000 reached in early October. Nakamoto’s Bitcoin stash contains over 1 million BTC, valued at over $117.5 billion at the time of this writing, according to data from Arkham Intelligence. The portfolio swelled to over $136 billion during Bitcoin’s rally to new all-time highs of over $126,000…

Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global. Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability, and controls as CBDCs. He told Cointelegraph: “Central business digital currency is really not necessarily that different. So, if JP Morgan issued a dollar stablecoin and controlled it through the Patriot Act, or whatever else…

After surging to a record high above $126,000, Bitcoin and the broader crypto market have been shaken by unprecedented volatility — literally. On Friday, crypto markets saw their largest-ever liquidation event, totaling roughly $19 billion. The wipeout surpassed even the worst days of the FTX collapse in 2022, underscoring both how much the market has grown since then and how fragile it remains. The sell-off began in classic crypto fashion. Reports suggest US President Donald Trump may have misinterpreted China’s export controls, sparking a sweeping tariff threat that sent risk assets…

Opinion by: Ray Song, founder at aPriori When you’ve been around markets long enough, you start to see patterns. The tools we trade on and the rails we build on are never static. In crypto, one of the biggest shifts happening right now is at the base layer. For years, the layer 1 conversation was dominated by Ethereum if you wanted composability and a broad developer base, Solana if you wanted speed and Cosmos if you wanted sovereignty. The choice of L1 felt like picking a trading venue, evaluating fees,…