VanEck boss questions Bitcoin’s privacy, encryption against quantum tech
Jan van Eck says quantum computing could threaten Bitcoin’s encryption and privacy, and his firm “will walk away” if it’s “fundamentally broken.” Bitcoin’s encryption and privacy could be at risk from quantum computing, but it is still a good investment for now, says Jan van Eck, CEO of investment manager VanEck. “There is something else
Coinbase splashes $25M to revive a podcast from the last bull run
Coinbase has paid $25 million for an NFT that compels the once popular crypto podcast UpOnly to restart. Bull market vibes anyone? Crypto exchange Coinbase has spent $25 million to acquire and burn a non-fungible token (NFT) designed to revive the once popular crypto podcast called UpOnly. Coinbase CEO Brian Armstrong confirmed that the “rumors
‘ETFtober’ gets bigger, more than 5 new crypto ETFs filed this week
There has been a recent flurry of activity for US crypto exchange-traded funds this week, with at least five new product applications filed with the US Securities and Exchange Commission despite the ongoing government shutdown. The most recent development came from VanEck, which filed an S-1 form with the SEC on Thursday for the VanEck
Gold is just a breath away from $4K: Here’s what it means for Bitcoin
Gold prices have come within a few dollars of a milestone all-time high of $4,000 as investors escape to safe-haven assets — a trend that also looks bullish for Bitcoin. Prices for futures for gold tapped $4,000 per ounce for the first time early on Tuesday morning, while spot prices reached an all-time high of
Crypto treasury ‘bubble’ fears overblown: TON Strategy CEO
While a recent wave of corporate digital asset treasuries is starting to show signs of a bubble, the long-term outlook is positive, according to TON Strategy CEO Veronika Kapustina. “I think, look, obviously, it looks like it’s a bubble. As in, all the indicators look like it’s a bubble,” Kapustina told Cointelegraph during the Token2049
Uptober underway: Bitcoin closes in on 7-week high at $120K
Crypto markets have surged over the past day, culminating in a seven-week high for Bitcoin as the historically bullish month of October begins. Bitcoin (BTC) prices have skyrocketed 4% over the past 24 hours, with the world’s leading digital asset hitting $119,450 on Coinbase in early trading on Thursday, according to TradingView. This is the
Bitcoin at 4-week low in growing signs of ‘exhaustion’ — Glassnode
Bitcoin could be headed for a deeper correction as cumulative realized long-term holder profit taking has now reached levels seen in previous market cycle tops, according to onchain analysis. Long-term holders realized 3.4 million Bitcoin (BTC) in profit, and exchange-traded fund inflows have slowed, according to Glassnode, a sign of “exhaustion” after the Federal Reserve
Thailand’s citizens are waking up to frozen bank accounts: Bitcoin anyone?
Innocent people and businesses have reportedly been caught in the crossfire as Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend. The nationwide crackdown began in August, and weekend reports suggest that banks have frozen three million accounts and imposed daily transfer limits on all bank customers in the
ARK Invest buys $4.4M in BitMine stock as its treasury crosses 2M ETH
ARK Invest purchased more than 100,000 Bitmine shares after the Ethereum treasury company reached a milestone in ETH holdings. Cathie Wood’s ARK Invest bought more shares in Tom Lee’s Ether (ETH) treasury firm BitMine as the crypto treasury hit a milestone in Ether holdings. ARK Invest purchased 101,950 shares worth around $4.4 million in BitMine