Day: January 9, 2025

Polymarket’s Customer Data Sought by U.S. CFTC Subpoena of Coinbase, Source Says

Coinbase Inc. (COIN) is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data. Copies of the emails shared with some customers have circulated on social-media sites, and those warnings about the U.S. Commodity Futures Trading Commission (CFTC) requests are accurate, the person said. The U.S. derivatives regulator has conducted a drawn-out legal battle with prediction markets firms, and this…

Ethereum Downswing To $2,900 Could Be A ‘Buy-The-Dip Opportunity’ – Analyst Expects Bullish Surge

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Este artículo también está disponible en español. Ethereum has seen a sharp 14% drop in less than two days, intensifying concerns across the crypto market during a selloff that began earlier this week. The bearish sentiment has left many investors disheartened, with Ethereum struggling to reclaim higher price levels. Frustrated by the consistent underperformance, some investors are beginning to lose faith in the altcoin giant, seeking opportunities elsewhere. Related Reading Despite the negative sentiment, top analyst Ali Martinez has shared an optimistic outlook for Ethereum. Martinez’s analysis suggests that a…

Why The Trump Inauguration Is A ‘Buy The News’ Event

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Este artículo también está disponible en español. Bitcoin has fallen to a low of $92,508 on January 8 after previously hitting $102,357 on Monday, marking almost a 10% retreat in a matter of days. The immediate catalyst appears to be the January 7 spike in US Treasury yields, with the 10-year rate hitting 4.67% following an unexpectedly strong ISM Prices Paid Index and higher-than-anticipated JOLTS job openings. Why The Trump Inauguration Is Bullish For Bitcoin While these data points renewed worries that inflation could persist, many seasoned observers insist the…

FV Bank Integrates Paypal’s PYUSD Stablecoin for Real-Time Transactions

FV Bank, a U.S.-licensed digital bank, has announced the integration of Paypal USD (PYUSD), a stablecoin, into its banking platform. This addition expands the bank’s stablecoin offerings, enabling direct deposits and outbound payments for account holders. FV Bank Enables Paypal Stablecoin for Instant Cross-Border Payments FV Bank‘s newly implemented feature allows customers to receive PYUSD […] Source CryptoX Portal

Judge rejects man from retrieving Bitcoin from landfill

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A decade-long legal battle over a lost Bitcoin fortune has ended in disappointment for James Howells, an IT engineer from Newport, Wales. A Cardiff High Court has dismissed Howells’ lawsuit against Newport City Council, according to the BBC, refusing him access to a landfill containing a discarded hard drive holding 8,000 Bitcoins. The hard drive, accidentally thrown away in 2013, is now valued between $700-750 million at the time of writing, with Bitcoin (BTC) recently hitting above $94,000 per unit.  Howells had sought permission to excavate the site or receive…

Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade

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Este artículo también está disponible en español. DeFi protocol Derive’s Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally.  Ethereum To Reach $12,000 Thanks To Pectra Upgrade And Other Factors Dawson predicted that Ethereum could reach $12,000 by the end of the year thanks to the Pectra upgrade, Donald Trump’s presidency, increased adoption, and a surge in ETF inflows.…

Shiba Inu Grapples With Heavy Bearish Forces: Will Support Levels Hold?

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…