Bitcoin BTC$74,357.73 remains near $75,000 as it hits a supply wall as institutional demand remains steady, with traders assessing progress in U.S.-Iran peace talks amid a two-week ceasefire. The CoinDesk 20 Index (CD20) is up about 1.9% in the past 24 hours, compared to 1% for bitcoin, amid reports of a ceasefire extension, improving risk […]
South Korea’s Ministry of Economy and Finance will begin testing blockchain-based deposit tokens for government spending in the fourth quarter, as part of a broader initiative to modernize how public funds are managed. The ministry said the pilot project to spend Treasury funds in the form of digital currency had been approved under a regulatory
South Korea to test blockchain deposit tokens for government spending in Q4 Read More »
You can buy a cup of coffee with Bitcoin BTC$74,682.95 quite easily in the US – and get a tax headache for free. The form-filling burden is enough to dissuade users from using the largest cryptocurrency to pay for real-world transactions, according to the Cato Institute, a libertarian think tank known for its support of
Dogecoin is pushing higher on strong volume, but this move is still driven more by positioning than underlying demand. The rally looks technically clean, but the bigger question is whether it can be sustained without the return of wider participation. News context • DOGE outperformed the broader crypto market, beating both bitcoin and ether as
Dogecoin jumps 4.5% to near 10 cents, outperforming bitcoin and ether Read More »
Bitcoin’s rally toward $75,000 is hitting a supply wall just as institutional demand holds steady. This increase is largely due to macroeconomic flows rather than a strong surge in speculative activity. U.S.-listed spot Bitcoin ETFs continued to attract steady inflows this month, including around $240 million in a single session following geopolitical tensions in the
Bitcoin tests a level that capped its rally in January Read More »
Bitcoin BTC$73,725.85 has climbed nearly 10% this month, but the rally faces resistance near $75,000. The pause is notable as U.S. stocks hit record highs. On-chain data shows that holders are selling in force, which helps explain the slowdown. This is evident from an on-chain indicator called realized profit/loss, which tracks the total dollar value
This is why Bitcoin’s rally is taking a break near $75,000 Read More »
The threat of quantum computing is causing some of Bitcoin’s most vocal developers to land in very different places. Blockstream CEO Adam Back told Paris Blockchain Week attendees on Wednesday that Bitcoin developers should start creating optional quantum-resistant upgrades now, even though current quantum computers remain “essentially laboratory experiments” with progress that has been “incremental”
Ripple said this week that it had partnered with Kyobo Life Insurance, one of Korea’s largest life insurers, to tokenize government bond settlement using the company’s Ripple Custody platform, according to a statement shared with CoinDesk. This agreement is Ripple’s first with a Korean insurance institution and is positioned as a step toward compressing Korea’s
XRP-Linked Ripple Partners With Korea’s Kyobo Life to Tokenize Government Bonds Read More »
Bitcoin developers are debating a radical change in how the network would respond to a future quantum computing threat: Don’t freeze vulnerable coins unless someone proves the threat is real. But there is a catch: the proposal assumes that the attacker will reveal his ability to obtain a bounty instead of maximizing his profits through
According to data from Arkham Intelligence, some 572 bitcoins worth $42.77 million were transferred from a Gemini hot wallet to wallets owned by Winklevoss Capital and custodial wallets in the last 24 hours, the first significant transfers to the fund’s addresses in more than a month. The transfers occurred in two batches. One for 372
