Bitcoin follows ‘perfect script’ charting $150K+ all-time high this cycle — Analyst
A veteran trader says Bitcoin is following a “perfect script” that terminates with a potential $150,000 cycle high.
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Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency. 208 Total views 12 Total shares The Hong Kong Monetary Authority (HKMA) published a paper outlining the state of research on its proposed retail central bank…

A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction
After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the $30.30 resistance level. Some analysts will try to pin the correction as a "technical adjustment," but the network’s deposits and decentralized applications reflect worsening conditions.Avalanche (AVAX) index, USD. Source: TradingViewTo date, Avalanche remains 83% below…

High-ranking crime fighter to join UK’s FCA as payments and digital assets director
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy. 102 Total views 25 Total shares UK regulator the Financial Conduct Authority (FCA) has recruited almost 500 additional staff members this year as part of its new three-year…

Blockstream raises $125M to finance expanded Bitcoin mining operations
Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.” 361 Total views 10 Total shares Own this piece of history Collect this article as an NFTDigital asset infrastructure company Blockstream has raised $125 million to finance its Bitcoin (BTC) mining colocation services, underscoring heightened demand…

Polkadot to launch first blockchain course for policymakers, UK MPs
Polkadot Blockchain Academy will host a Web3 education course for policymakers in Switzerland, with UK lawmakers attending to gain insights into crypto regulation and blockchain adoption.

ETH ETFs launched in ‘weak market’ and could pressure Bitcoin: Analyst
Spot Ether ETFs came during a weak market and could tempt investors to diversify, putting Bitcoin’s price at risk, says Capriole Investments founder Charles Edwards.

European crypto company Bitpanda raises $170M
The funding round was led by Valar Ventures and partners from DST Global. 3296 Total views 14 Total shares Austria-based cryptocurrency firm Bitpanda has closed a $170 million funding round to further the firm's international growth.The latest Series B funding round was led by Valar Ventures, a venture capital firm backed by PayPal co-founder Peter…

Jamaica’s central bank taps Irish tech outfit for CBDC project
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May. 1607 Total views 11 Total shares Jamaica is the latest country making concrete efforts towards issuing its own sovereign digital currency.According to a press release by the Bank of Jamaica on Tuesday,…