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Bitcoin at Risk of Snapping Historic Winning Streak, but ‘Perfect Storm’ Brews for a Strong 2024

Bitcoin at Risk of Snapping Historic Winning Streak, but ‘Perfect Storm’ Brews for a Strong 2024

Investors moved the highest amount of BTC to exchanges since March, IntoTheBlock noted, signaling profit-taking after bitcoin’s first eight-week streak of gains since 2017.

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Coinbase Tried to Rein in a Renegade SEC That’s Trying to Rein in a Renegade Industry

The SEC rejected Coinbase’s petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it.

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Polygon Labs discontinues Edge contributions in favor of expanding CDK use

Polygon Labs will stop accepting contributions to the Polygon Edge framework and shift focus to chain development kit (CDK).

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Coinbase plans to challenge SEC’s denial of new crypto rulemaking in court

Coinbase’s Chief Legal Officer Paul Grewal says the exchange will challenge the SEC’s pushback to write new rules specific to crypto.

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Bitcoin dips below $42,000 despite major stock indices posting gains

Bitcoin has dipped below the $42,000 level, retracing all gains made after the U.S. Federal Reserve announced another rate pause.

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Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report

The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.

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Arbitrum Hit by ‘Partial Outage’ Due to Traffic Surge

The layer-2 blockchain stopped working as intended Friday morning.

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Bloomberg analyst explains plan forward for spot bitcoin ETF: The SEC has been ‘backed into a corner’

Bloomberg Intelligence ETF Research Analyst James Seyffart discusses the pending spot bitcoin and ether ETF applications.

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January spot bitcoin ETF approvals likely but ether is a ‘completely different animal’: Bloomberg ETF analyst

Bloomberg Intelligence ETF analyst James Seyffart explained why spot bitcoin ETF approvals are likely in January but ether is different.

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Cosmos DeFi hub Osmosis registers gains amid volume spike

The price of OSMO has gained over 11% in the past 24 hours despite a muted performance by most major cryptocurrencies.

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