Bitcoin as a US reserve asset is ‘great for price’ but poses significant risks — Charles Hoskinson

When BitMEX launched its Bitcoin (BTC) perpetual futures market in 2016, it created a new paradigm for cryptocurrency traders. Although this was not the first platform to offer BTC-settled inverse swaps, BitMEX brought usability and liquidity to a broader audience of investors.BitMEX contracts did not involve fiat or stablecoins and even though the reference price…

Bitcoin (BTC) may be having problems cracking all-time highs but one of its best-known analysts believes its sideways trading is "nearly complete."In a series of tweets on March 11, Willy Woo pointed to multiple on-chain factors suggesting that fresh BTC price upside is imminent. BTC flows to those with "very little" selling history Bitcoin saw a…

Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true. The largest cryptocurrency saw a classic dive following its latest weekly close as its latest gains evaporated — will they return?Ahead of a fairly innocuous week for macro data releases, catalysts are likely to come elsewhere as BTC…

Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent powerful actors from accumulating and abusing power. Industry heavyweights have urged crypto investors and traders to self-custody their crypto assets amid the significant market uncertainty brought on by the collapse of FTX. In a Nov. 13…

The hearing on digital assets will involve discussions around four key aspects: crypto exchanges, stablecoin offerings, regulatory concerns in digital assets and federal regulatory responses. 1699 Total views 37 Total shares The United States House Committee on Financial Services released a memorandum detailing the points of discussion during the hybrid hearing on digital assets to be…

A half-billion dollar loan has been closed out, but multiple court cases grind on 3547 Total views 14 Total shares In a short statement today, Bitfinex — the sister company to centralized stablecoin Tether — announced that it has repaid Tether an outstanding loan balance of $550 million. This action fully closes out a larger…

Ethereum Classic (ETC) Labs incubator today officially announced Studio, its new program to support the launch of new projects on Ethereum Classic.ETC Labs Studio to support firms seeking to launch projects and crowdsales on ETCAccording to an official blog post from Aug. 8, the ETC Labs Studio will now support companies that seek technical and…

The Securities and Exchange Commission corporate finance division reminded companies of what they are required to disclose and provided guidance to what else they want to know. 292 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTThe United States Securities and Exchange Commission (SEC) has issued new guidance…

Bitcoin (BTC) hit a new high over the weekend in the latest episode of its spectacular 2021 bull run — what’s next for hodlers?As the largest cryptocurrency approaches $60,000, Cointelegraph takes a look at the factors to consider when forecasting this week’s price action.BTC price vs. DXY (orange). Source: TradingviewInvestor eyes stock market "reset"Equities showed…