Category: Bitcoin News

North Dakota, Fiserv launch Roughrider stablecoin

admin

The Bank of North Dakota is entering the stablecoin market with Roughrider Coin, a US dollar–backed cryptocurrency developed in partnership with payments firm Fiserv. According to a Wednesday announcement, the token will be available to banks and credit unions in North Dakota in 2026 and is designed to support interbank transactions, merchant payments, and cross-border money movement. Fiserv reportedly processed an estimated 35 billion merchant transactions in 2022. Its digital asset platform was introduced in June alongside a “white-label” stablecoin for banks. Roughrider Coin will operate on this system and…

Polymarket founder Shayne Coplan Defies the odds

admin

Shayne Coplan, the founder of prediction market Polymarket, is once again in the limelight, as prediction markets shift from regulatory bans in the United States to legitimate financial markets with institutional backing. Bloomberg named Coplan among the world’s billionaires following a $2 billion investment in Polymarket by New York Stock Exchange parent Intercontinental Exchange (ICE). Coplan launched the platform in 2020 when he was 21 after dropping out of New York University. He often worked on the platform from the bathroom in his New York apartment, he said. Coplan’s makeshift…

Poll Shows Crypto-focused Candidates Could Sway Voters in US Midterms

admin

A new poll conducted by consultancy company McLaughlin and Associates suggested that issues related to digital assets could have a significant impact on the 2026 US midterm elections. According to the results of a survey released on Wednesday by the crypto advocacy organization Digital Chamber, the majority of a group of 800 respondents — 64% — said candidates’ positions on cryptocurrency were “very important” when considering whether they would vote for them. While 38% of the respondents said they identified as Democrats, 37% of the group said they would trust…

Here’s Why Bitcoin Analysts Say $126K BTC All-Time High Is Not The Top

admin

Key takeaways: Bitcoin onchain data shows no signs of overheating, despite reaching an all-time high of $126,000. Bitcoin cup-and-handle pattern targets $300,000, backed by multiple factors. Bitcoin (BTC) traded 4% below its new all-time high of $126,000 reached on Monday. As BTC price consolidates around $122,000, several market analysts are convinced that the bull cycle is not over. BTC/USD four-hour chart. Source: Cointelegraph/TradingView Bitcoin market is not overheated yet For crypto analyst Mark Moss, Bitcoin has not yet reached its peak range.  While Bitcoin trades near all-time highs, its MVRV…

Square Launches Bitcoin Payments and Wallet for Merchants

admin

Square, the payments processor owned by Jack Dorsey’s Block Inc., has launched a new feature enabling local businesses to accept Bitcoin at the point of sale and hold the digital asset in an integrated wallet — a move that could help advance Bitcoin’s use as a medium of exchange. Announced on Wednesday, the new Square Bitcoin offering allows merchants to accept Bitcoin (BTC) payments and automatically convert a portion of their sales into BTC. Square is waiving processing fees through 2026, with a 1% transaction fee set to take effect…

$11B Bitcoin Whale Returns After 2 Months, Transfers $360M BTC

admin

A Bitcoin whale that held about $11 billion in BTC before rotating more than $5 billion of the stash into Ether two months ago has returned to the cryptocurrency market, with another $360 million Bitcoin transfer. The whale address transferred $360 million worth of Bitcoin (BTC) into decentralized finance (DeFi) protocol Hyperunit’s hot wallet “bc1pd” on Tuesday. This marked their first transfer in two months, according to blockchain data platform Arkham.. The transfer may signal another rotation into Ether (ETH) based on the whale’s transaction patterns.  The $11 billion Bitcoin…

Coinbase Enables Staking for NY Residents after Regulatory Approval

admin

Cryptocurrency exchange Coinbase said New York residents are now able to stake their assets following approval from state regulators. In a Wednesday blog post, Coinbase said its users could begin earning rewards from staking in Ether (ETH), Solana (SOL), and other assets. The company credited New York Governor Kathy Hochul for “embracing progress and providing clarity” leading to the approval, with plans to continue expanding staking services across the US. “This is a big win for New Yorkers, and a step toward ensuring every American has equal access to the…

DOGE Price Eyes 160% Rally to $0.65 as RSI Sends Bullish Signal

admin

Key takeaways: DOGE price previously rallied 445% from an RSI bullish cross that’s again in play. A possible breakout from an ascending triangle targets $0.65 in the days ahead. Bullish analysts say DOGE price can reach $1 for the first time in the next few months. Dogecoin’s (DOGE) relative strength index (RSI) produced a bullish signal in Q4 2024, a period that saw DOGE’s price rise by about 445% within a few months. A similar DOGE price fractal is now unfolding on the charts, with a potential breakout in the…

Hackers Extort Discord With 2M Users’ Age Verification Data

admin

Discord is reportedly being extorted by hackers responsible for breaching a database containing the sensitive age verification data of more than 2.1 million users, who are threatening to leak it. In a Wednesday X post, malware repository VX-Underground claimed Discord is being extorted by the individuals responsible for compromising their Zendesk instance, which contains user data. The data includes 2,185,151 photos used for the age verification of 2.1 million users, including pictures of driver’s licenses and passports. “Discord users drivers license and/or passport might be leaked, “ VX-Underground said. The…

Kazakhstan Cracks Down On Illicit Crypto Activity, Seizes $17M

admin

Kazakhstan, an emerging cryptocurrency hub in Central Asia, has been cracking down on illicit activity in the cryptocurrency sector, shutting down dozens of crypto platforms this year. Kazakhstan’s Financial Monitoring Agency (AFM) has taken down 130 crypto platforms involved in money laundering schemes this year, a spokesperson for the agency told Cointelegraph on Wednesday. The authorities have also seized $16.7 million in various cryptocurrencies linked to these illegal operations, the AFM representative said, confirming local reports from Tuesday. Last week, AFM also reported seizing $642,000 from illegal mining operations in…