Author: admin

Key takeaways:Bitcoin’s Wave III expansion could drive prices toward $200,000 to $240,000.The long-term structure remains bullish despite flat futures market activity in Q4.US economic rebound and risk-on sentiment may fuel Bitcoin’s next rally.Bitcoin’s (BTC) long-term price structure is showing renewed strength as analysts anticipate the next phase of its parabolic expansion. According to market analyst Gert Van Lagen, Bitcoin has once again rebounded from its 40-week simple moving average (SMA). Van Lagen said that the corrective Wave II phase appears close to completion, with Wave III expansion on the horizon. Completion of the pattern could push BTC price to $200,000…

In brief Someone paid over $100,000 in order to send just $10 on the Bitcoin network. Bitcoin transaction fees are typically a fraction of the amount sent. Experts told Decrypt that it was a strange error to make. A Bitcoin user paid more than $105,197—slightly less than one BTC at the time—to send just $10 of the digital coin on Tuesday, according to blockchain data. First flagged on Crypto Twitter—or X—by the digital asset community, the user paid the huge amount to send just 0.00010036 BTC, data from Mempool shows. “It was definitely some non-standard way of crafting a transaction,” Nick Hansen,…

Michael Selig, currently serving as chief counsel for the crypto task force at the US Securities and Exchange Commission, will face questioning from senators next week in a hearing to consider his nomination as the chair of the Commodity Futures Trading Commission.On Tuesday, the US Senate Agriculture Committee updated its calendar to include Selig’s nomination hearing on Nov. 19. The notice came about two weeks after the SEC official confirmed on social media that he was US President Donald Trump’s next pick to chair the agency following the removal of Brian Quintenz.Hearings for Quintenz, whom Trump nominated in February, were…

In brief Crypto influencer IcoBeast had their $1 million MegaETH token allocation revoked on Sunday. The revocation was because IcoBeast publicly posted about trying to hedge their MEGA allocation, breaking a rule relating to a one-year lockup period. The Ethereum layer-2 network’s token is currently trading at $0.48 on the pre-market, down slightly from when the influencer had their tokens taken away. Soon-to-debut Ethereum layer-2 network MegaETH is revoking token allocations from those intending to sell or hedge their allotments, with crypto influencer and Kalshi employee IcoBeast a prominent victim of the policy.MegaETH eliminated IcoBeast’s nearly $1 million allocation–based on…

Coinbase has ended negotiations to acquire stablecoin startup BVNK, according to a Fortune report on Tuesday. Sources told the publication that the proposed deal was valued at approximately $2 billion.Both the American crypto exchange and Mastercard had been in advanced discussions to acquire BVNK, the UK-based fintech firm that builds stablecoin infrastructure. Coinbase and BVNK then entered exclusive negotiations.”We’re continuously seeking opportunities to expand on our mission and product offerings,” a Coinbase spokesperson told Fortune. “After discussing a potential acquisition of BVNK, both parties mutually agreed to not move forward.”Decrypt has reached out to Coinbase for confirmation.Editor’s note: This story…

John Deaton, a lawyer who advocates for XRP holders and ran against Massachusetts Senator Elizabeth Warren in the 2024 US election, is making another bid for Congress.At a Monday event in Worcester, Massachusetts, Deaton announced that he would run for US Senate again in 2026, this time attempting to unseat Democratic Senator Ed Markey. The lawyer ran as the Republican candidate in 2024, losing to Warren, a Democrat, by about 700,000 votes.“I’m winning this time,” Deaton said in a campaign video aired at the Worcester event.John Deaton announcing his second run for the US Senate in Worcester on Monday. Source:…

In brief TeraWulf’s stock price was down in after hours trading Monday after rising during the day. In a statement, the company’s CEO highlighted its expanding partnership with Fluidstack and Google. The company’s revenues aligned with its preliminary report in late October. Bitcoin miner and datacenter operator TeraWulf reported $50.6 million in revenue Monday, representing a 87% increase compared to the same period last year.Easton, Maryland-based TeraWulf attributed the gain to Bitcoin’s rising price, expanded mining capacity, and the start of high performance performance computing lease revenue.“The third quarter into the fourth has been remarkably busy for TeraWulf,” Paul Prager,…

The crypto market may face a pivotal week as two major macro events converge — a potential US–India trade deal and a breakthrough in the US government shutdown negotiations. Together, they could trigger a liquidity and sentiment shift powerful enough to lift Bitcoin and broader crypto prices.Sponsored Trade Deal Nearing CompletionOn Monday, Donald Trump said the United States is “very close” to reaching a trade deal with India. The agreement reportedly includes tariff reductions on Indian exports and India’s commitment to curb Russian oil imports, according to recent Reuters and NDTV reports. US President Donald Trump says, “We’re making a deal…

Ending the government shutdown may trigger a $150-$200 billion liquidity injection, but a continuation could derail long-term crypto regulation, Arca’s research head said.

Coinbase is reentering the token sale market with a regulated platform to bring transparency to crypto fundraising. Its first project, Monad, will debut through an algorithm-driven public sale, signaling Coinbase’s return to the initial coin offering (ICO) space.However, the project’s insider-heavy token distribution has raised concerns over fairness and decentralization, reigniting debate about equity in token launches.Sponsored SponsoredMonad Leads Coinbase’s First ICO LaunchCoinbase is making a strategic return to the token sale market with the launch of a regulated platform designed to bring structure, transparency, and compliance back to crypto fundraising. According to reports, the exchange plans to host around one…