Bitcoin bulls are laying the path to $66K, but will they make it?

Bitcoin (BTC) is fast approaching its worst monthly performance in a decade, but some investors are using this as an opportunity to buy ultra-bullish long-term derivatives. There are currently over $900 million in call (buy) options aiming at $100,000 and higher, but what exactly are those investors seeking?Options instruments can be used for multiple strategies,…

In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,” would allow investors to lock up crypto collateral and mint fiat-pegged stablecoins, including a U.S. dollar-based token called dUSD. It raised $10 million from investors that year, but it suddenly closed up shop in

The pact between the two nations' financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries. 150 Total views 16 Total shares The financial technology associations for Thailand and Hungary have signed a bilateral Memorandum of Understanding (MOU) to support the introduction of blockchain technology to their respective financial…

"If I had a Dogecoin for every crypto scam I saw..." said the Tesla CEO to a TED Talk crowd in Vancouver. 148 Total views 19 Total shares With a net worth of reportedly more than $300 billion, Elon Musk said he could “technically afford” to purchase Twitter outright, but also had plans to change…

The bill will classify the risk of AI tools and force developers of generative-AI applications to disclose the use of any copyrighted materials. 46 Total views 13 Total shares Own this piece of history Collect this article as an NFTControversies around artificial intelligence (AI) and its use of copyrighted material have been popping up around…

It’s the Netflix script that wrote itself. A story so outlandish, it’s stunned the crypto community; an industry accustomed to apparent suicides in Spanish jail cells and nonfungible token auctions for dead rappers.The plot involves the United States Department of Justice (DoJ), a crypto exchange with a checkered history, a rapper-cum-Forbes magazine writer, a voucher…

FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries. FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to…

The crypto gains are coming in, but how long will it last? 824 Total views 9 Total shares How long will crypto’s current season of prosperity last? Ari Paul, chief information officer at BlockTower Capital, thinks the bull run has at least nine more months. In a tweet on Feb. 4, Paul said the industry is…