Layer-1 proof-of-stake blockchain Concordium launched a mobile app that allows users to verify their age without disclosing their identity. According to a Tuesday announcement shared with Cointelegraph, the new solution — available as a mobile application for iOS and Android — uses zero-knowledge proofs (ZK-proofs) to allow users to prove their age without revealing their
Story Highlights FOMC’s August 20 meeting could shape crypto market direction, with traders watching closely. Meanwhile, CME FedWatch Tool shows 83% chance of a 25-basis-point rate cut soon. However, Powell’s Jackson Hole speech may clarify Fed’s stance, fueling crypto optimism or disappointment. The upcoming Federal Reserve meeting on August 20 could decide how the crypto
The inclusion of cryptocurrency in US retirement plans could mark a milestone for Bitcoin adoption and unlock billions of dollars in new capital, potentially pushing the asset above $200,000 by the end of 2025, according to André Dragosch, the head of European research at crypto asset manager Bitwise. President Donald Trump paved the way for
KindlyMD, Inc. (NAKA) has acquired 5,743.91 BTC through its subsidiary Nakamoto Holdings, marking the company’s first major bitcoin purchase following the merger. The acquisition brings KindlyMD’s total Bitcoin holdings to 5,764.91 BTC. This purchase was done at a weighted average price of $118,204.88, with the $679 million transaction funded using PIPE proceeds. “This acquisition reinforces
Leading cryptocurrency Bitcoin (BTC) entered a correction phase last week due to the release of US macro data and diminishing expectations of a Fed interest rate cut. Bitcoin, which has fallen below $115,000 as investors’ profit-taking increases, appears to be in a “slight danger zone.” Cryptocurrency analytics platform Santiment said that the Bitcoin Market Capitalization/Realized
Bitcoin’s price has trended downward since clinching a new all-time high at $123,731 on August 14. The leading coin now trades at $115,892, noting a 7% dip in less than a week. While this pullback has triggered concerns among traders, on-chain data suggests a potential rebound, led by Bitcoin’s largest investors, could be on the
CoinDCX CEO Sumit Gupta believes Web3 could become a cornerstone of India’s digital economy. In a post on X, Gupta projected that the sector could add $1.1 trillion to India’s GDP by 2032. He pointed to the country’s growing developer base and startup ecosystem as evidence of its readiness to lead. India already has more
Ross Gerber, co-founder of Gerber Kawasaki Wealth and Investment Management, has criticized Strategy’s approach to investing in Bitcoin. According to Gerber, the pattern adopted by Michael Saylor’s Strategy could trigger the end of Bitcoin should things go wrong and the price collapses. The “Crazy Bad Math” of the Strategy Premium The veteran investor took issue
The past few days have been rough for Bitcoin (BTC) on the chart. The price dropped back to the $115,000 range after not being able to hold its August high of $123,000. But looking at Onchain Lens records, it seems someone is secretly building one of the biggest positions seen this month. One wallet connected
