Bitcoin ‘power of 3’ setup targets $103K by President-elect Trump’s inauguration day
A “power of 3” pattern popped up on Bitcoin’s chart, suggesting that prices above $100,000 will occur before President-elect Trump takes office.
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Crypto ads face stricter rules, referral bonus ban by UK FCA
Crypto services in the U.K. will face stricter regulations, including a “cooling-off period” for first-time investors and a ban on “refer a friend” bonuses. 347 Total views 2 Total shares In a June 8 announcement, the United Kingdom’s Financial Conduct Authority (FCA) said that from Oct. 8, advertisers of crypto services in the U.K. would…

Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report
The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities. 809 Total views 1 Total shares Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase, is reportedly planning to meet with members of Congress to discuss digital asset legislation and related issues.According…

Cointelegraph Consulting: The bigger role of LUNA in Terra
In an interview, Do Kwon, co-founder and CEO of Terraform Labs, said that Terra’s ecosystem was built with several use cases such as savings, payments, investments and others that leverage its stablecoin assets. The previous Market Insights newsletter tackled Terra’s ecosystem growth in 2021 and how it got to hundreds of decentralized applications from just two at…

Indonesia’s central bank marshals staff to enforce crypto payments ban
Indonesia’s central bank is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments this bull season. 466 Total views 3 Total shares Indonesia’s central bank governor, Perry Warjiyo, is mobilizing official supervisors to enforce the country’s ban on financial institutions using crypto assets as a means of payment.During…

US Fed to Print $425B for New Year’s — 3 Times Bitcoin’s Market Cap
The United States central bank will inject at least $425 billion of nonexistent money into the economy by the middle of next month.In a statement released Dec. 11, the Federal Reserve confirmed it would ramp up so-called repurchase, or “repo,” operations on key dates over the new year period.Fed to “print” 3x Bitcoin market cap…

Texas Regulator Spots Crypto Firm at Fraudulent COVID-19 Charity Claims
The Texas securities regulator has continued its crackdown on cryptocurrency scams, spotting an alleged fraudulent crypto firm that made fake claims about COVID-19 donations.On April 8, the Texas State Securities Board (TSSB) issued an emergency cease and desist order against Ultra Mining, alleging that the crypto mining firm is involved in diverse illicit activities including…

Buterin pitches solutions to Ethereum’s staking, block production issues
Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether.

Digital euro preparation continues as holding limit, privacy debated
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision.