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US cleared to sell $6.5B in Bitcoin โ€”ย Will it crash BTC price?

The US government holds about $18.50 billion worth of Bitcoin, which it may sell entirely ahead of Donald Trumpโ€™s presidency.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Grayscale Rebalances Crypto Large Cap Fund to 90% Bitcoin and Ethereum

The remainder of the fund's assets will be split among XRP, Solana, and now Cardano.

Published on: January 09, 2025 | Source: Decrypt favicon Decrypt

Cypherpunk AI: Guide to uncensored, unbiased, anonymous AI in 2025

AI models are a privacy nightmare that are often borked by the safety team. Hereโ€™s how to get around the censorship and use AI anonymously.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

From failure to fortune: Jonathan Bouzanquet on blockchain and gaming

Jonathan Bouzanquet, the Co-Founder and Chief Strategy Officer of Playa3ull Games, joined CryptoSlateโ€™s SlateCast alongside Editor-in-Chief Liam โ€œAkibaโ€ Wright and CEO Nate Whitehill. In a thought-provoking discussion, Bouzanquet shared his vision for blockchain gaming, emphasizing a community-first approach, sustainable funding, and the potential of blockchain technology to revolutionize the gaming industry. Building...

Published on: January 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Polkadot parachain Phala Network launches Ethereum layer-2 network

Phala Network, a Polkadot parachain, has expanded its reach to the Ethereum blockchain by introducing a layer-2 rollup protocol designed to boost scalability and efficiency. According to a Jan. 8 statement: โ€œPhala Network has taken a monumental step forward in blockchain innovation by launching the first-ever Op-Succinct Layer 2 (L2) rollup on Ethereum. This transformative [โ€ฆ] The post Polkadot parachain Phala Network...

Published on: January 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Crypto Losses Surpassed $3 Billion in 2024: Peckshield

Roughly $488.5 million worth of stolen crypto assets were recovered, representing a 27.62% decline from the $674.9 million recovered in 2023.

Published on: January 09, 2025 | Source: Decrypt favicon Decrypt

Bitcoin will hit $1.5M by 2035, says analyst who called 2024 bounce

Bitcoin network growth is set to take BTC price to seven figures within the next decade, says Timothy Peterson.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Standard Chartered debuts crypto services in Europe with new license

Banking giant Standard Chartered is debuting crypto services in Europein Europe via its new Luxembourg entity after securing a digital asset license under the MiCA framework.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Crypto liquidations stay elevated at $483 million as Bitcoin continues decline to $92.5k

Bitcoin liquidations passed $464 million in the past 24 hours as the price declined to $92,500, resuming the downward trend from yesterdayโ€™s $700 million liquidation event. Per Coinglass data, long positions dominated the liquidations, accounting for nearly 70% of the total, with $324 million cleared compared to $141 million in short positions. The trend suggests [โ€ฆ] The post Crypto liquidations stay elevated at $483...

Published on: January 09, 2025 | Source: CryptoSlate favicon CryptoSlate

One thing disruptor banks didnโ€™t expect to be challenging: Compliance

Innovative challengers are building compliance into their DNA and outcompeting established players.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Mantra and Damac sign $1B deal to tokenize Middle Eastern assets

Mantra and Damac Group have signed a $1 billion partnership to tokenize real-world assets, enhancing blockchain-based finance in the UAE.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Fetch.ai launches $10M accelerator for AI agent startups

Fetch.ai has launched a $10 million accelerator program to empower startups in AI agents, quantum computing and high-performance technology.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Backpack Exchange and FTX clash over FTX EU ownership

The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Ronin Network integrates Transak for fiat-to-crypto and NFT payments

The Ronin Network partnered with Transak to simplify NFT and crypto purchases, improving blockchain gaming accessibility.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

UK judge dismisses $770M Bitcoin landfill hard drive case

James Howells has lost his legal case to recover a $770 million Bitcoin hard drive from a landfill as a judge cites no realistic chance of success.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

MicroStrategyโ€™s Bitcoin debt loop: Stroke of genius or risky gamble?

Critics call it heedless; supporters say itโ€™s brilliant. Either way, Michael Saylor continues doubling down on Bitcoin.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Thai Authorities Seize 1,000 Bitcoin Miners Following Electricity Theft

The miners reportedly tampered with the power meter of the local Provincial Electricity Authority (PEA) to divert power for their machines.

Published on: January 09, 2025 | Source: Decrypt favicon Decrypt

Microsoft to invest $3B in AI, cloud expansion, training in India

Microsoft will expand its AI and cloud presence in India, including training 10 million individuals by 2030 and supporting AI startups.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

How to buy USDC on Base: A step-by-step guide

Learn how to buy USDC on the Base Network with this step-by-step guide, which covers the essentials, including wallets, buying USDC and bridging to Base Network.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana poised for gains fueled by US ETF and retail adoption โ€” Analyst

Solana may outperform Bitcoin and Ether in 2025, thanks to a potential US-based spot SOL ETF and retail profit expectations.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

US entities hold 65% more Bitcoin than offshore players โ€” CryptoQuant

In the past 24 hours, $521 million has been liquidated from the crypto market.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Coinbase reportedly informs users of CFTC subpoena involving Polymarket

Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket.

Published on: January 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Oklahoma Senator Introduces Bill to Legalize Bitcoin Payments

If passed by the state legislature, the bill would enable employees to be paid in Bitcoin and vendors to accept it as payment.

Published on: January 09, 2025 | Source: Decrypt favicon Decrypt

US Court Greenlights Sale of $6.5B in Seized Silk Road Bitcoin

The ruling does not ensure immediate liquidation of the seized Bitcoin, as federal asset forfeiture requires several administrative processes.

Published on: January 09, 2025 | Source: Decrypt favicon Decrypt

Fidelity believes Bitcoin is at the precipice of mass adoption, says investors are not โ€˜too lateโ€™

Bitcoin (BTC) and the wider crypto market may be entering a new era of widespread adoption, but investors are far from being โ€œtoo late,โ€ according to Fidelity Digital Assetsโ€™ 2025 Look Ahead report. The report, authored by Fidelityโ€™s research team and led by Chris Kuiper, addresses a lingering question among investors: โ€œAm I too late?โ€ [โ€ฆ] The post Fidelity believes Bitcoin is at the precipice of mass adoption, says...

Published on: January 08, 2025 | Source: CryptoSlate favicon CryptoSlate

Fake OKX plugins found on the Firefox browser store

According to cybersecurity firm CertiK, the number of crypto hacks and exploits rose to 303 incidents in 2024, up from 282 in 2023.

Published on: January 08, 2025 | Source: Cointelegraph favicon Cointelegraph

Kraken, a16z execs in the running for CFTC chair role

President-elect Donald Trumpโ€™s transition team is eyeing crypto-friendly names to be the next chair of the Commodity Futures Trading Commission (CFTC), according to Fox Business reporter Eleanor Terrett. Among those reportedly in contention are Summer Mersinger, a current CFTC Commissioner; Brian Quintenz, a16z crypto policy chief and former CFTC commissioner; and Marco Santori, Krakenโ€™s chief [โ€ฆ] The post Kraken, a16z...

Published on: January 08, 2025 | Source: CryptoSlate favicon CryptoSlate

Steve Hanke Is Wrong About the Strategic Bitcoin Reserve

Let me break down why his outdated arguments just don't add up.

Published on: January 08, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Bitcoin traders set $80K short-term price target as DXY hits new highs

Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.

Published on: January 08, 2025 | Source: Cointelegraph favicon Cointelegraph

Judge pushes Mango Markets exploiter sentencing to April 10

Avi Eisenberg was found guilty of fraud and market manipulation in April 2024 and could face up to 20 years in prison.

Published on: January 08, 2025 | Source: Cointelegraph favicon Cointelegraph

Starknet launches SN Stack, allowing developers to build custom chains

Zero-knowledge technology continues to be a popular method to scale cryptocurrencies while providing quantum-resistant security.

Published on: January 08, 2025 | Source: Cointelegraph favicon Cointelegraph

China places blockchain at the core of national data strategy in new guidelines

Chinaโ€™s newly unveiled โ€œNational Data Infrastructure Construction Guidelinesโ€ place blockchain at the heart of the countryโ€™s strategy to enhance data security, transparency, and scalability as part of its broader digital transformation push. The guidelines, released by the National Development and Reform Commission and other agencies, highlight blockchain technology as a cornerstone for facilitating trusted data [โ€ฆ]...

Published on: January 08, 2025 | Source: CryptoSlate favicon CryptoSlate

CFTC chairโ€™s final message includes a call for crypto guardrails

In what he said would be his last remarks as CFTC chair, Rostin Behnam said he intended to advocate for the commission to address regulatory challenges over digital assets.

Published on: January 08, 2025 | Source: Cointelegraph favicon Cointelegraph

Don't Buy The Bitcoin Dip

Now is not the time to make sizable bitcoin purchases.

Published on: January 08, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

US court schedules Do Kwonโ€™s jury trial for January 2026

Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27. Judge Paul Engelmayer has encouraged plea [โ€ฆ] The post US court schedules Do Kwonโ€™s jury trial for January 2026 appeared first on CryptoSlate.

Published on: January 08, 2025 | Source: CryptoSlate favicon CryptoSlate