Bitcoin ‘anomalous’ outflow sees 32K BTC leave exchanges in a single day
Bitcoin exchange withdrawals spiked to more than $2 billion of BTC on Wednesday, with analysis eyeing a potential major spot buy.
Dubai regulator orders KuCoin entities to stop unlicensed operations
The regulator warned investors that promotions tied to the exchange are not approved in Dubai and urged residents to verify licensed virtual asset providers.
Vancouver Bitcoin reserve effort hits resistance from city officials
Vancouver city staff say Bitcoin is not permitted under the Vancouver Charter and recommend dropping Mayor Ken Sim’s 2024 reserve proposal ahead of a Tuesday council vote.
Altcoin seasons are over, expect ‘non-traditional’ cycles ahead: Bitwise exec
The altcoins with “real world” traction and application will be the winners of the next altcoin season, says Bitwise’s Matt Hougan.
Pudgy Penguins accused of infringing Original Penguin trademark
The company behind the clothing brand Original Penguin has accused Pudgy Penguins’ clothing merchandise of infringing on its trademarks.
Bitcoin relief rally faces headwinds as bear market persists: analysts
“Even after the recent price rally, fundamental and technical indicators still point to a bear market environment,” said CryptoQuant.
Solana ETFs still hold ‘impressive numbers’ even as token dives 57%
Bloomberg ETF analyst Eric Balchunas says Solana ETF inflows are posting “pretty impressive numbers,” even as the token has dropped by more than half since they launched.
Lyn Alden tips Bitcoin outperforming gold over next ‘two to three years’
Macroeconomist Lyn Alden says gold has a “somewhat euphoric” sentiment around it, while Bitcoin is being treated “somewhat unfairly negative.”
US regulators say tokenized securities subject to same capital rules
The Federal Reserve and US banking regulators have clarified that tokenized securities are subject to the same capital treatment as traditional assets.
Solv Protocol offers 10% bounty after hacker snatches $2.7M
Crypto security researchers say the hacker exploited a bug allowing them to mint tokens, before swapping the freely-gained tokens for another tied to Bitcoin.