China

Bitcoin losing $70,000 is a warning sign for further downside

Bitcoin's recent drop below $70,000 has raised concerns among investors, signaling potential further declines in the cryptocurrency market. Analysts suggest that this price movement could indicate a bearish trend, with key support levels now at risk. The decline has been attributed to various factors, including regulatory pressures and market sentiment shifts. Experts are advising caution, as continued downward momentum could lead to significant losses for traders. Overall, the situation calls for close monitoring of Bitcoin's price action in the coming weeks.

Read the full article: CoinDesk

Goldman Sachs CEO Owns 'Very Little' Bitcoin, Backs Bessent on Clarity Act

Goldman Sachs CEO David Solomon revealed that he personally owns "very little" Bitcoin, emphasizing a cautious approach to cryptocurrency investments. He expressed support for the Clarity Act, which aims to provide clearer regulations for digital assets, aligning with the views of cryptocurrency advocate and former hedge fund manager,

Ethereum’s 50% staking milestone triggers backlash over 'misleading' supply data

Ethereum recently reached a significant milestone, with over 50% of its supply now staked in the network. This development has sparked controversy as critics argue that the reported staking figures are misleading, suggesting they do not accurately reflect the true supply dynamics of Ethereum. Some community members express concerns that

Hyperliquid Launches Policy Center With $29 Million Backing to Advocate for DeFi in DC

Hyperliquid has launched a Policy Center aimed at advocating for decentralized finance (DeFi) in Washington, D.C., backed by $29 million in funding. The initiative seeks to engage with policymakers and promote a regulatory framework that supports innovation in the DeFi space. The funding comes from a consortium of investors

Coinbase’s Base moves away from Optimism’s 'OP stack' in major tech shift

Coinbase's Layer 2 network, Base, is transitioning away from the Optimism 'OP stack' technology to develop its own proprietary solution. This shift aims to enhance performance and scalability while allowing for greater customization. The decision reflects Base's ambition to establish itself as a standalone

Read more

Goldman Sachs CEO Owns 'Very Little' Bitcoin, Backs Bessent on Clarity Act

Ethereum’s 50% staking milestone triggers backlash over 'misleading' supply data

Hyperliquid Launches Policy Center With $29 Million Backing to Advocate for DeFi in DC

Coinbase’s Base moves away from Optimism’s 'OP stack' in major tech shift