Bitcoin traders set $80K short-term price target as DXY hits new highs
Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.
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Bitcoin billionaires back ‘moonshot’ scheme to resurrect woolly mammoths
Colossal is aiming to combat climate change by resurrecting extinct species in their natural habitats, with the firm’s landmark de-extinction project focused on woolly mammoths. 2897 Total views 15 Total shares Bitcoin billionaires Tim Draper and the Winklevoss twins have backed a start-up dubbed “Colossal” that is aiming to resurrect woolly mammoths as part of…

National Fisheries Institute and IBM’s Food Trust Work on Seafood Blockchain Traceability
United States seafood trade association National Fisheries Institute (NFI) is working with IBM’s blockchain supply chain solution Food Trust to trace seafood, food-related news outlet FoodOnline reports on June 11.Per the report, this is the first effort to track multiple seafood species jointly pursued by multiple companies. Furthermore, NFI members representing harvesters, importers, processors, cold…

CFTC commissioner says proposal to reassess risk management could consider crypto
Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management. 149 Total views 1 Total shares Christy Goldsmith Romero, a commissioner with the United States Commodity Futures Trading Commission (CFTC), has commented on a proposal amending the government body’s Risk Management Program…

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns
One month after the Merge, MEV-boost relays expanded its market share as block builders, data shows. 324 Total views 7 Total shares One month after the Merge, 51% of Ethereum blocks were compliant with OFAC standards, according to blockchain development Labrys' data, as MEV-Boost relays take over market share. On Twitter, users highlighted how the figures represent…

Trump floats paying off $35T national debt using Bitcoin
The United States government is adding $1 trillion to the national debt approximately every 100 days, sparking fears of runaway inflation.

Bank of Russia to ban mutual funds from investing in Bitcoin
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors. 922 Total views 24 Total shares The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC).On Dec. 13, the Bank of Russia published an…

Average Bitcoin transaction fee drops under $1 as network difficulty recovers
In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty. The average transaction fees on the Bitcoin (BTC) blockchain fell below $1 for the first time in over two years, further strengthening its use case as a viable mainstream financial system.High…

UK’s Central Bank Establishes Provisions for Facebook’s Libra
The United Kingdom’s central bank has established provisions that Facebook’s yet-to-be-released Libra stablecoin must comply with in order to be issued in the country.The Bank of England presented its latest Financial Policy Summary and Record at a Financial Policy Committee (FPC) meeting held on Oct. 9. The document — which addresses the resilience of the…