Bitcoin price outlook hinges on 2024 US election outcome — Analysts

The commissioner of Japan’s financial regulator the Financial Services Agency (FSA) said that the agency wants the cryptocurrency industry to “grow under appropriate regulation,” in an interview with Reuters August 22. Toshihide Endo, commissioner of Japan’s FSA, told Reuters he sees the agency’s goal for developing the crypto industry as finding a “balance” between consumer…

Golem’s latest report explains the transfer of 135,000 ETH to CEXs as part of a staking test to ensure operational security.

With the Bitcoin (BTC) halving only weeks away, anticipation appears to be building up as Google Trends data for the event show online searches reaching an all-time high. Bitcoin’s block reward halving comes following that of Bitcoin Cash (BCH) and Bitcoin SV (BSV), where miners moved their hashing power to the BTC Chain.Several crypto pundits…

Big Four audit firm Ernst & Young (EY) has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy instead of being restructured as part of ongoing creditor protection proceedings. EY proposed the course of action in its “Fourth Report of the Monitor” filed with the Supreme Court of Nova Scotia on…

Social media networks built on the blockchain are revolutionizing the way we share, interact and communicate with people online. These systems offer improved transparency, data ownership and decentralized incentives by utilizing the power of blockchain technology. This article will discuss five well-known blockchain-based social media sites: Steemit, Verasity, Binded, Audius and Sapien.SteemitBased on the Steem blockchain,…

A Bloomberg analyst believes Bitcoin presents a more attractive supply model than gold. Mike McGlone, Bloomberg’s senior commodity strategist, in his latest Bitcoin report remains bullish on the “first-born” crypto and points to the advantage it holds over its hedging rival gold:“Unlike quasi currency brethren gold, higher prices won't be an incentive for more supply.”Is…

A Bitcoin (BTC) investor has allegedly lost access to funds worth over $12.9 million after failing to record the passphrase for their wallet. In what may become the latest timely lesson for the wider Bitcoin user base, Reddit account u/lumanubrecon claimed that as of Nov. 26, their balance of 1,800 BTC was out of reach.Brain wallet…

As more institutions explore blockchain-based finance, some industry leaders say tokenized real-world assets (RWAs) may surpass $30 trillion by the 2030s. Others are casting doubt on that projection. In June 2024, Standard Chartered Bank and Synpulse predicted that RWAs may reach over $30 trillion by 2034. The narrative remained strong in the latter part of