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Billionaire venture capitalist Chamath Palihapitiya says it would be a smart move for some countries to use Bitcoin (BTC) alongside their local currency.
In a new installment of the All-In Podcast, Palihapitiya says he recently spoke with Wences Casares – a Silicon Valley entrepreneur who introduced him to Bitcoin in 2010 when BTC was trading at around $80.
Palihapitiya says Casares explained a...
A closely followed crypto strategist says Bitcoin (BTC) just flashed a signal last seen before the dramatic rallies of the 2017 bull market cycle.
Pseudonymous analyst TechDev tells his 452,600 followers on the social media platform X that the Bitcoin versus M1 money supply chart just breached the resistance of the exponential moving average Bollinger Bands on the monthly chart.
According to...
Uniswap’s native asset UNI tumbled by about 9% on Friday after the decentralized exchange (DEX) announced that it had decided to punt on an important protocol upgrade.
The DEX had planned on initiating an on-chain vote on Friday to implement a proposal that would have enabled a fee mechanism to reward UNI token holders who have staked and delegated their tokens.
The upgrade aimed to reduce the...
New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity.
In a new post on the social media platform X, Santiment says that decentralized app protocol Hedera (HBAR) is leading the crypto space in development activity over the last 30 days, overtaking smart contract platform Cardano (ADA) and layer-2...
New numbers show China has sold $101.9 billion in US Treasury securities over the past 12 months.
The Treasury Department says China cut its holdings from $869.3 billion in March of last year to $767.4 billion in March of this year.
China’s holdings have steadily dropped from an all-time high of $1.31 trillion, which was set in November of 2013.
The news comes as China shifts away from the...
Ripple chief executive Brad Garlinghouse doesn’t think that the leading meme token Dogecoin (DOGE) helps crypto.
While speaking at Consensus, Garlinghouse laments that the United States “represents the bottom decile of regulatory clarity” for digital assets and acknowledges that it’s difficult to predict when institutional money will provide upside opportunity for the crypto sector.
The Ripple...
The Japanese crypto exchange DMM Bitcoin announced on Friday that it had been hacked for more than $300 million worth of BTC.
The exchange said it lost 4502.9 BTC ($305 million) in what the crypto investigative firm Chainalysis called “the seventh-largest crypto hack ever.”
DMM Bitcoin announced the hack on Friday morning and promised it would replace customers’ stolen Bitcoin, though the...
Black hat hackers have reportedly unleashed malicious software targeting over 1,500 banks and their customers worldwide.
Security researchers at IBM say a revamped version of the Grandoreiro banking trojan has just rolled out, enabling attackers to perform banking fraud in 60 countries.
The malware allows attackers to send email notices that appear to be urgent government requests for payments....
A widely followed crypto analyst believes two memecoins have massive upside potential in the coming months.
Pseudonymous crypto trader Altcoin Sherpa tells his 216,400 followers on the social media platform X that he is bullish on both Pepe (PEPE) and PepeCoin (PEPECOIN).
However, he warns the memecoins may first retest lower levels.
“Both of these probably pullback in the short term but I’m...
A closely followed trader is claiming that no new retail investors are joining the crypto market, but he believes one event could attract the newbies.
Pseudonymous trader The Flow Horse tells his 217,800 followers on the social media platform X that it will likely take Bitcoin (BTC) hitting six figures before new retail investors start entering the crypto market.
“No new retail investors are...