BTC price downside is due to produce new long-term lows before recovering, according to the analyst who predicted the breakout to $95,000. Source: https://cointelegraph.com/news/bitcoin-whale-support-mid-60k-new-btc-price-warning?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Top Football Prospect to Be Paid in Bitcoin After Cinching College Contract
The 2025 Polynesian Bowl All-Star signed with the University of Southern California and will use payments app Strike to receive a portion of his compensation in bitcoin (BTC). Newly Signed USC Linebacker Opts for Bitcoin Matai Tagoa’i one of the top college football prospects in the country recently signed a “name, image, and likeness” (NIL) […] Source: https://news.bitcoin.com/top-football-prospect-to-be-paid-in-bitcoin-after-cinching-college-contract/
Firm building decentralized supercomputer attracts 1.5M nodes during testnet
Nexus said the testnet results show that there’s “early excitement” for a shared supercomputer. Source: https://cointelegraph.com/news/nexus-supercomputer-over-1-million-nodes-online-in-testnet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
El Salvador buys 11 BTC only a day after reaching a deal with IMF
El Salvador purchased 11 Bitcoin only a day after reaching a $1.4 million IMF loan deal that called to reduce public sector engagement in “Bitcoin-related economic activities.” Source: https://cointelegraph.com/news/el-salvador-buys-11-bitcoin-after-imf-loan-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto chatter about ‘buying the dip’ hits 8-month high: Santiment
The ratio of mentions on social media for “buying the dip” has ramped up as Bitcoin dropped below the six-figure price level just days before Christmas, according to Santiment. Source: https://cointelegraph.com/news/crypto-social-media-mentions-buy-the-dip-surges-bitcoin-100k-price-level-santiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Morocco to Adopt a Legal Framework for Crypto Assets
Morocco aims to regulate the use of crypto assets without hindering innovation in the crypto ecosystem. Legal Framework for Crypto Nears Adoption in Morocco A legislative framework governing crypto assets in Morocco is almost ready for adoption, according to Abdellatif Jouahri, the governor of Morocco’s central bank, Bank Al-Maghrib (BAM). This framework seeks to promote […] Source: https://news.bitcoin.com/morocco-to-adopt-a-legal-framework-for-crypto-assets/
German Watchdog Cracks Down on Worldcoin Over Biometric Data
Worldcoin, the crypto-based digital identity project co-founded by OpenAI CEO Sam Altman, is under scrutiny again as German regulators demand compliance with European Union (EU) data protection laws. The Bavarian State Office for Data Protection Supervision’s (BayLDA) investigation focused on how Worldcoin’s flagship technology, the World ID, is compliant with GDPR standards, as per a Thursday announcement. BayLDA has ordered…
SEC Approves First Hybrid Bitcoin-Ethereum ETFs From Hashdex, Franklin Templeton
After several extended reviews since June this year, the Securities and Exchange Commission (SEC) has finally approved the first spot exchange-traded funds combining Bitcoin and Ethereum. The agency has authorized Nasdaq to list the Hashdex Nasdaq Crypto Index US ETF and the Cboe BZX Exchange to list the Franklin Crypto Index ETF, according to a filing released Thursday. “The proportion…
SEC simultaneously approves Hashdex, Franklin’s Bitcoin-Ether ETFs
Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval. Source: https://cointelegraph.com/news/sec-approves-hashdex-and-franklin-crypto-index-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto liquidations hit $1B as traders were ‘unprepared for bad news’
A crypto analyst says we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours. Source: https://cointelegraph.com/news/crypto-market-liquidations-1-billion-unexpected-santa-rally-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound