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Bitcoin bears face short squeeze risk as price rises above $43,000, analyst says

An analyst has warned that bitcoin short leveraged positions are vulnerable as the digital asset surpasses the $43,000 mark.

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Author: Brian McGleenon

House’s McHenry Won’t Seek Reelection, Costing Crypto a Top Ally: Politico

Rep. Patrick McHenry (R-N.C.), arguably the crypto industry’s most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.

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Author: Jesse Hamilton

BlackRock, Bitwise File Updated Applications for Spot Bitcoin ETF

Asset manager BlackRock and crypto investment firm Bitwise both filed amended S1 forms with the Securities and Exchange Commission (SEC) on Monday, answering further questions likely asked by the regulator in earlier conversations.

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Author: Helene Braun

Bitcoin futures show market expects continued price appreciation into 2024, analyst says

The bitcoin futures market is expecting the digital asset’s value to appreciate in the spring of 2024, according to an analyst.

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Author: Brian McGleenon

Ankr launches Rollup-as-a-Service for zkSync Hyperchains

Ankr launched Rollup-as-a-Service testnet support for zkSync Hyperchains, enabling developers to deploy independent Layer 2s for their dApps.

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Author: James Hunt

‘Axie Infinity’ creator welcomes new ‘Apeiron’ video game to its ecosystem

Sky Mavis and Foonie Magus partner to bring new video game to Ronin blockchain with mobile version expected next year.

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Author: RT Watson

Binance’s Multi-Billion CFTC Penalty Was ‘Heightened,’ Says Commissioner Kristin Johnson

Johnson clarified that the agency sued the crypto exchange because it “simply failed to comply with regulation.”

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Author: Sandali Handagama

Crypto Miner Phoenix Group’s Shares Surge 35% in Abu Dhabi Stock Market Debut

The UAE-based company said its initial public offering (IPO) in November was 33-times oversubscribed.

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Author: Jamie Crawley

Curvance emerges from stealth with a $3.6 million seed round for DeFi ‘everything app’

The round included participation from Offchain Labs and Wormhole — as well as core contributors from Polygon, Scroll and Curve.

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Author: James Hunt

Pyth Oracle Network Brings Industry Heavyweights Into Governance Post-Airdrop

The low-latency oracle network’s new “strategic partners” include Castle Island Ventures, Multicoin Capital and Wintermute Ventures. They could play a major role in shaping how the platform evolves.

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Author: Sam Kessler


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