On December 1, the Missouri Senate rolled out SB 194, a crucial initiative aimed at barring central bank digital currencies (CBDCs) from being classified as legal tender in the state. This legislative step reflects a growing unease among state lawmakers regarding the potential implications that CBDCs may have on economic privacy, control, and statewide financial
The perception surrounding Bitcoin’s long-term holders, commonly referred to as HODLers, often presents a skewed narrative—one that suggests they steadfastly refuse to sell their assets. On-chain analyst James Check has recently pushed back against this misconception, indicating that HODLers do indeed engage in selling activities. This dynamic has significant implications for the broader market, particularly
In the latest week, the cryptocurrency market witnessed an unprecedented outflow of $457 million from Bitcoin (BTC) holdings, signaling a pivotal change in investor behavior. This marked the first notable withdrawal since early September, a period during which Bitcoin had tested the psychologically significant $100,000 threshold. Analysts at CoinShares have attributed this trend to profit-taking
Cristiano Ronaldo, one of football’s most iconic figures, has once again bridged the gap between sports and digital engagement with the launch of his “ForeverSkills” collectibles in partnership with Binance. This innovative collection not only serves as a digital keepsake but also creates an avenue for fans to interact directly with Ronaldo. Through tutorials, a
The emergence of SUI as a viable contender within the layered blockchain space has been marked by its impressive gain of over 115% in just one week. This remarkable upward trajectory coincided with the launch of the USDC stablecoin on the SUI platform, catalyzing a surge in network activity and user engagement. According to market
In a recent incident that threw a spotlight on the operational practices of centralized cryptocurrency exchanges, Ethereum developer Eric Connor reported his account lockout while attempting to transfer $25,000 USDC. This event, which unfolded on December 3, raises pressing questions about user autonomy, security protocols, and the nature of customer service these platforms offer. Connor’s
As the cryptocurrency market fluctuates, Bitcoin finds itself in a precarious situation as it approaches the critical support level of $93,257. This price point has become synonymous with conflict between bullish and bearish traders, raising questions about whether the purchasing power will emerge strong enough to uphold this key threshold or if it will succumb
Bitcoin, the pioneering cryptocurrency, has long captivated investors and analysts alike, especially as it approaches critical price points that could reshape its trajectory. In a recent assessment, Charles Edwards, the founder of Capriole Investments, provided insights into Bitcoin’s potential journey toward the $100,000 mark and its implications for the broader cryptocurrency market. His analysis touches
In an increasingly contentious relationship between the cryptocurrency industry and regulatory agencies, Coinbase’s CEO, Brian Armstrong, has taken a bold stance against law firms that engage former regulators linked to actions that he deems detrimental to the crypto landscape. On December 3, Armstrong made a significant announcement via social media, declaring that Coinbase would terminate
Bitcoin (BTC) is currently navigating a narrow trading range between $94,000 and $96,000, creating a palpable undercurrent of anticipation among investors and analysts alike. Recent data from blockchain analytics platform CryptoQuant reveals that BTC may be on the precipice of a significant price surge. The cryptocurrency market is notoriously volatile, but specific on-chain indicators are
