Business

PK Press Club – (BTC) is experiencing market volatility as the asset struggles to break and stay above the $95,000 resistance level. Amidst this price fluctuation, a Bitcoin whale has reached a huge valuation level after spending six years in hibernation. Whale activity sparks market speculation According to an article X by Lookonchain, the whale […]

Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to improve interoperability of the world’s oldest blockchain. In partnership with Bitcoin developers Fiamma, Babylon uses the BitVM2 computing paradigm, designed to enable Ethereum-like smart contracts on Bitcoin, paving the way for zero-knowledge technology. Zero-knowledge calculations

PK Press Club – Discover PK Press Club’s selection of the three main stories from the past day. 69,000 BTC could be sold by the US government The US government has been authorized to liquidate 69,370 Bitcoins seized from the Silk Road market. The plaintiffs (Battle Born Investments Company, First 100 and 1st One Hundred

Bhutan, a small country in South Asia, is making big waves in the crypto world. The Kingdom, which has a population of around 770,000 and is located between India, China and Nepal, just made headlines after one of its cities adopted a crypto reserve strategy. This includes Bitcoin (BTC), Ethereum (ETH), and Binance’s BNB token

PK Press Club – Vocal evangelist and Executive Director of MicroStrategy Michael Saylor has ignited the BTC community with his latest Bitcoin-themed tweet. Michael Saylor posted his Bitcoin motivational tweet, hinting that Bitcoin will be widely distributed around the world in the future and it is a good idea to buy it now before it

As cryptocurrency fan Donald Trump prepares to take the reins of government, the US Consumer Financial Protection Bureau has outlined new regulations that would significantly impact stablecoin issuers and wallet providers, although the future of the proposal remains uncertain. On Friday, the CFPB took the first procedural step to open for public comment a proposal

PK Press Club – The official last. The post was inspired by the recent news that the 10,000 Bitcoins spent by Laszlo Hanyecz, who bought a pizza with BTC in 2010, has now reportedly turned into $1 billion. The post focused on the Dogecoin payment utility which they claim outperforms that of the world’s largest

Usual Protocol, a promising decentralized finance (DeFi) protocol that has seen a remarkable rise in recent months, faced community backlash on Friday after an adjustment to the protocol’s yield-generating token triggered a sell-off massive on secondary markets. Amid the turmoil, the protocol’s USD0++ token, which represents a locked — or staked — version of its

PK Press Club – A remarkable prediction by Hal Finney, one of the most prominent early pioneers, has resurfaced after 16 years. Bitcoin historian Pete Rizzo reignited interest in the iconic prediction in a recent tweet. Sixteen years ago, Hal Finney predicted a future Bitcoin price of $10 million when the cryptocurrency was still valued

Enforcement Director Ian McGinley will leave the Commodity Futures Trading Commission in a week, ending a relatively short tenure that saw some high-profile crypto cases. He arrived at the agency in February 2023, a month before the CFTC sued Binance and its then-CEO Changpeng Zhao for violating U.S. commodities laws. During his tenure, he also