Better Know a Crypto Candidate: Jerrod Sessler
As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on crypto.
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Pro traders avoid Bitcoin longs while cautiously watching DXY strengthen
Bitcoin (BTC) price might have re-established $50,000 as a support, but the optimism of professional traders is nowhere near the levels seen before the 26% drop to $43,000 on Feb. 28. The current scenario is far from bearish, but derivatives indicators do not reflect the substantial purchases from institutional clients, including Microstrategy, Meitu, and most recently,…

Crypto exchange FTX US closes $400M funding round to reach $8B valuation
The new funding will be put toward expanding FTX US' workforce and introducing new offerings. 107 Total views 12 Total shares Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding.According to Reuters on Wednesday, the American affiliate of FTX closed a $400 million funding round led by SoftBank Group Corp, Temasek…

Over 86% of Web3 professionals are confident in the future of crypto — Consensys
The surprising workforce optimism comes despite current regulatory uncertainty ahead of the US elections.

OpenFinance Launches Regulated Alternative Trading System for Securities Tokens
OpenFinance, a security token trading platform, has launched a regulated alternative trading system (ATS) for security tokens, according to information shared with Cointelegraph August 29. In the U.S. and Canada, an ATS is a non-exchange trading venue that that matches buyers and sellers to find counterparties for transactions. They are usually regulated as broker-dealers instead…

Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec
Soros Fund Management's CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year. 3318 Total views 22 Total shares Soros Fund Management chief information officer Dawn Fitzpatrick said Bitcoin (BTC) may once have been considered a fringe asset, but the inflation of…

Bitcoin price returns to troubled waters hours after Elon Musk’s BTC tweet
When Bitcoin's (BTC) price dropped 10% to $29,150 on Jan. 27, something unusual happened with the Chicago Mercantile Exchange (CME) BTC futures contracts. As the price fell, these CME Bitcoin futures traded at a 1% discount to Coinbase, which signaled a disarrangement between both markets.Good morning.Bitcoin spot has almost full retraced the weekly.CME bitcoin futs are…

Binance prepares for MiCA rules, updates stablecoin strategy
Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy.

Korean superconductor LK99 joins memecoin craze
The world's supposed first room-temperature ambient pressure superconductor already has a memecoin. 84 Total views 1 Total shares Last month, a team of South Korean scientists claimed they engineered a superconducting material, dubbed LK-99, that works under ambient temperature and pressure. In layman's terms, the team allegedly created a material allowing electrical currents to flow…