LuBian, the mining pool that was revealed to be the true owner of more than 127,000 Bitcoins that the US Department of Justice (DOJ) announced last week, has again transferred billions of dollars worth of BTC. At this point, the wallet belonging to LuBian Mining, one of the largest mining pools of its time, moved
Bitcoin continues to experience fluctuations after the major crash on October 11. While BTC, which is moving within a certain range, continues to search for direction, CryptoQuant analyst analyzed that a local bottom may have arrived. At this point, the CryptoQuant analyst noted that the Bitcoin MVRV ratio had fallen below its 365-day average, signaling
Story Highlights BNB Chain partners with BPN to create a multi-stablecoin global settlement network BPN links trad-fi with DeFi for fast, low-cost stablecoin transfers BPN Earn allows businesses to earn yield on idle funds during settlements Cross-border payments are about to get a major upgrade. BNB Chain, one of the leading smart contract blockchains, is
Story Highlights Senate Democrats demand Trump envoy Steve Witkoff explain his crypto holdings amid ethics concerns. Witkoff’s World Liberty Financial facilitated a $2B UAE investment in Binance via stablecoin USD1. Lawmakers worry the deals blur lines between private profit and official U.S. diplomacy. Crypto and politics are colliding again. Senate Democrats are demanding answers from
Market intelligence and analytics platform Santiment has revealed that GameStop, Bitcoin, Tether, Chainlink, and Ethereum are the most trending assets in social metrics this week. According to Santiment Feed, the coins have recorded the highest level of social interest within crypto circles due to several reasons, including short squeeze predictions, involvement in the Federal Reserve’s
Google said it had achieved a verifiable “quantum advantage” with its Willow chip completing a calculation that would take classical supercomputers thousands of times longer. The reported breakthrough may reignite a debate in the cryptocurrency community over the possible detrimental effects that quantum computing could have on Bitcoin, whose operation and security is built on
Galaxy Digital founder and CEO Mike Novogratz appeared on CNBC’s Squawk Box to discuss the company’s third-quarter results, the overall state of the crypto market, and the Bitcoin price outlook. Galaxy CEO Mike Novogratz: Bitcoin Could Stay in the $120,000–$125,000 Range Until the End of the Year Novogratz said Bitcoin is likely to trade in
Investment bank B. Riley upgraded Core Scientific (CORZ) to buy from neutral, and raised its price target on the shares to $30 from $17, citing strong standalone value and renewed momentum in high-performance computing (HPC). The bank’s analysts expect shareholders to reject Core Scientific’s proposed merger with CoreWeave (CRWV) s, noting the stock has lagged
T. Rowe Price, the 87-year-old investment firm known for its mutual funds, is making a move into crypto. On Wednesday, the company filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to launch the T. Rowe Price Active Crypto ETF. The S-1 is a key regulatory filing that signals a firm’s intent