Scaramucci says BTC’s 4-year cycle still in play, forecasts rise in Q4
Proponents of Bitcoin’s four-year cycle theory say the price of BTC typically rises for three of the four years and declines in the final year.
Fidelity urges SEC to move further on crypto activity by broker-dealers
The investment giant told the regulator’s crypto task force it supports trading tokenized securities on alternative trading systems and tradfi on-chain integration.
Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows
Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines.
Coinbase-backed CoinDCX founders questioned in fraud case: Report
Indian crypto exchange CoinDCX says the fraud complaint is part of a wider impersonation scam, citing more than 1,200 fake sites using its brand.
‘Hawk Tuah’ girl Hailey Welsh says memecoin implosion ‘traumatized’ her
Welsh warned others to stay away from crypto and said that she still does not understand anything about the sector more than a year later.
Resolv Labs’ stablecoin depegs as attacker mints millions of tokens
An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million.
Nevada judge temporarily blocks Kalshi from operating in the state
A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days.
CFTC staff clarify expectations on using crypto as collateral
The Commodity Futures Trading Commission staff has provided answers to frequently asked questions about the agency’s expectations around a crypto collateral pilot.
SEC crypto guidance puts the ‘final nail’ in the Gensler era: Analyst
The SEC’s digital asset market taxonomy, which classifies most cryptocurrencies and tokens as non-securities, is a major step for US regulators.
Bitcoin options signal fear even as BTC ETF outflows remain relatively low
Bitcoin ETF outflows are too small to signal a bearish pivot from traders, but worsening US macroeconomic conditions and high oil prices keep BTC traders on the hedge.