Bitcoin $BTC$85,927.41 remains in the hunt for further gains as falling oil prices join a growing list of tailwinds supporting the cryptocurrency. The largest cryptocurrency recently traded near $86,000 after recovering from Asian-session lows of around $85,000. Prices convincingly broke above the May high on Monday, reinforcing the bullish trend. The CoinDesk 20 Index (CD20)
Bitcoin’s break above $86,000 has cleared a major pocket of bearish leverage and put $90,000 back in traders’ sights. The largest cryptocurrency climbed as high as $87,363 over the past 24 hours, its strongest level since January, before easing to $85,824 at press time, CryptoSlate data show. The advance pushed Bitcoin through a zone that
Australia’s new 40-year economic outlook has identified artificial intelligence as one of five major transitions expected to have a profound effect on the economy in the future, though it left out any mention of crypto. The latest Intergenerational Report, published on Monday by the Australian Treasury, described agentic AI systems as having become “significantly” more
Ben Nadareski, CEO of Solana-based decentralized finance platform Solstice, said crypto markets are unlikely to return to the extreme boom-and-bust cycles as deeper liquidity brings stability to digital assets. Speaking on Cointelegraph’s Chain Reaction show, Nadareski said liquidity across major crypto trading pairs has increased significantly, even during bear markets, reducing the conditions that produced
Animoca Brands suspended discussions for a proposed reverse merger with Currenc Group Inc. (CURR), which would have seen the digital asset investment company secure a Nasdaq listing. The two companies decided the proposed timeframe to finalize the transaction didn’t align with their respective goals, Animoca announced on Tuesday. Talks between Animoca and Currenc kicked off
Sergey Nazarov, the Chainlink Co-Founder, is heading to one of the biggest gatherings in global banking technology next week, and his presence says a lot about where Chainlink blockchain finance integration currently stands. Nazarov is set to take part in three sessions at the Sibos conference, appearing alongside representatives from Microsoft and DTCC in what
The SEC has opened a five-year route for tokenized U.S. stock trading, but TD Cowen has found that domestic investors, institutions, and listed companies show little appetite for the products. TD Cowen said U.S. investors already have efficient access to listed shares, leaving tokenized venues under pressure to offer benefits that outweigh thin liquidity and
Satoshi Nakamoto’s Bitcoin could be among the first major targets of a future quantum attack because many of the earliest units sit in addresses where their public keys are already exposed. Bitcoin security researcher Justin Drake warned in a recent interview with analyst Denis Liu that this vulnerability does not mean users should panic, as