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News
Ethereum Recovery Holds Above Key Moving Averages as $2,650 Becomes Critical
5+ hour, 6+ min ago (373+ words) Ethereum has regained several major moving averages as its third-quarter recovery extends to 55% from the June low near $1,600, with ETH trading around $2,492 after breaking out of a prolonged consolidation phase. The cryptocurrency moved above $2,000 in August, ending weeks of trading…...
Bitwise CIO Matt Hougan Says Institutions Are Moving Beyond Bitcoin???s
16+ hour, 8+ min ago (322+ words) Hougan made the comments to VirtualBacon, according to @CoinMarketCap, contrasting the behavior of institutional investors with retail traders, who continue to monitor and trade around Bitcoin’s historical cycle patterns. Institutions Take a Longer-Term View of Bitcoin Bitcoin’s four-year cycle has…...
Bitcoin Seed Generator Uses Radioactive Decay to Produce Entropy
8+ hour, 25+ min ago (330+ words) An open-source project called Entropy32 Plus is using radioactive decay as a physical source of entropy for generating Bitcoin BIP39 seed phrases, according to WuBlockchain. The experimental device combines a Geiger counter with cryptographic processing to produce randomness without relying on an…...
Bitcoin ETFs Fail to Record Fourth Straight Week of Net Inflows
9+ hour, 19+ min ago (359+ words) The development marks a break from the recent sequence of weekly net inflows into Bitcoin ETFs. Cointelegraph reported that the funds were unable to extend the streak, as selling pressure resulted in net outflows across almost every day of the…...
Coinbase CEO Says Bitcoin Has Bottomed as Halving Cycle Approaches
3+ day, 7+ hour ago (420+ words) Coinbase CEO Brian Armstrong believes Bitcoin has already reached the bottom of its current market cycle and could continue rising over the next one to two years as the cryptocurrency approaches its next scheduled halving. Armstrong made the assessment during…...
Osmosis Freezes 22.65 BTC After Nomic nBTC Double-Spend Exploit
3+ day, 15+ hour ago (348+ words) Osmosis has frozen 22.65 BTC worth nearly $1.8 million after an exploit markets involving Nomic’s nBTC bridge affected the backing of Alloyed BTC on the decentralized exchange. The incident prompted Osmosis to halt several Bitcoin-related functions while the security issue is contained....
Bitcoin Miners Shift Toward AI as Data Center Demand Surges
3+ day, 16+ hour ago (388+ words) Bitcoin mining operators are increasingly redirecting power and infrastructure toward artificial intelligence workloads, as AI data centers offer substantially higher revenue potential per unit of electricity, according to Coin Bureau. Coin Bureau reported that Bitcoin miners are abandoning parts of…...
Germany Proposes 25% Tax on Crypto Gains Under New Draft Rules
3+ day, 15+ hour ago (328+ words) Germany’s Finance Ministry is preparing a proposal that would fundamentally change how private investors are taxed on cryptocurrency gains, replacing the country’s current holding-period exemption with a 25% tax on profits regardless of how long an asset is held. According to…...
Bitcoin Analysts Flip to Strong Buy as CryptoQuant Founder Reports Sentiment Shift
4+ day, 2+ hour ago (400+ words) Ki Young Ju disclosed the shift in an X post highlighted by Cointelegraph. His statement indicates that the consensus among Bitcoin analysts has moved decisively toward a bullish stance, although the post did not provide additional details on the analysts…...
Iran Exporters Increasingly Use Crypto for Cross-Border Payments Amid Sanctions
4+ day, 6+ hour ago (340+ words) Iranian exporters are increasingly turning to cryptocurrencies to receive overseas payments as U.S. sanctions and restrictions on the country’s access to the international financial system make conventional settlement channels more difficult to use. An executive at a government-linked company told the…...