Category: Other Crypto News

US PPI Gives Bitcoin Bulls a New Headache Into the Monthly Close

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Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day. Bitcoin (BTC) slid further into Friday’s Wall Street open as US inflation data overshot expectations. Key points: Bitcoin price downside strengthens as US inflation data comes in hot. Gold and silver benefit from a risk-off response to January PPI data. Bitcoin price expectations face the prospect of a rocky monthly candle close. Bitcoin under pressure after hot US PPI print Data from TradingView showed daily BTC price downside nearing…

South Korea Tax Office Leaks Seed Phrase in Press Release

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South Korea’s National Tax Service (NTS) accidentally exposed a crypto wallet seed phrase in an official press release on Thursday, leading to a loss of 4 million PRTG  (Pre‑Retogeum) tokens worth about $4.8 million from the address, according to local media reports. According to multiple Korean media reports on local sites Naver, Chosun and others, the press release related to the National Tax Service’s enforcement campaign against tax delinquents and seizures that the authorities had carried out. The release reportedly included an image of a Ledger cold wallet and a…

PayPal USD to Power App-Specific Stablecoins via PYUSDx

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Payment giant PayPal is expanding access to its stablecoin through a new platform it says will allow devleopers to create their own US dollar-pegged tokens backed by PayPal USD. PayPal, MoonPay and stablecoin platform M0 on Friday announced PYUSDx, a product aimed at helping developers launch PayPal USD (PYUSD)-backed stablecoins for use within applications, or tokens designed for use inside a particular app, platform or ecosystem, according to a joint announcement shared with Cointelegraph. The companies said the rollout is planned for next month. “The next phase of stablecoin adoption…

Would Bitcoin really be at $200K if not for Jane Street? Trade Secrets

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Bitcoiners are debating whether Bitcoin’s price would already be at $200,000 if not for the quantitative investment firm Jane Street messing around in the market. “If only Jane Street wasn’t manipulating the markets, Bitcoin would have fully followed M2 money supply & we would be over $200k,” Coin Bureau CEO Nic Puckrin said in an X post.  It didn’t take much scrolling in the thread to know that he was being tongue-in-cheek. (Nic Puckrin) Puckrin was making fun of the fact that plenty of Bitcoiners genuinely seem to think that’s…

UK Gambling Watchdog May Allow Crypto Payments Under New FCA Framework

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The United Kingdom’s Gambling Commission is exploring how cryptocurrency could be used for payments at licensed online casinos, as the country prepares to bring more crypto activity under a new regulatory regime led by the Financial Conduct Authority (FCA). Tim Miller, the commission’s executive director for research and policy, said Thursday that the regulator wants to examine “the potential path forward” for allowing “cryptoasset to be used as a consumer payment option for licensed and regulated gambling in Great Britain.” Miller made the remarks at the Betting and Gaming Council’s…

Expert Trader Who Correctly Predicted Bitcoin Top Just Shared A Chart Pointing Below $4,000

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Expert trader Tony Severino, who correctly predicted Bitcoin’s top, has raised the possibility of a crash to $4,000. This comes as BTC continues to struggle to break key resistance levels, signaling that it could be at risk of a deeper decline.  Expert Trader Raises Potential Bitcoin Drop To $4,000 In an X post, Tony Severino questioned the possibility that the next Bitcoin bull market is a lower high followed by a lower low. His accompanying chart showed BTC may be forming a Head-and-Shoulder pattern, which could spark a crash to…

Pantera, Franklin Join Sentient Arena AI Agent Testing Initiative

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Pantera Capital and Franklin Templeton’s digital assets unit have joined the first cohort of Arena, a new testing environment from open-source AI lab Sentient that is designed to evaluate how AI agents perform in enterprise-style workflows. In a Friday announcement shared with Cointelegraph, Sentient positioned Arena as a production-style benchmarking platform rather than a static model test. Instead of scoring agents on fixed datasets alone, it runs them through standardized tasks modeled on enterprise conditions, including long documents, incomplete information and conflicting sources.  “In this initial phase, participation refers to…

Bitcoin Sell-Off Slows Down, But The Road To Recovery Is Long — Analyst

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It has been a rough stretch for Bitcoin. Prices have been pinned between $60,000 and $70,000 for weeks, and a brief dip below $67,000 on Thursday did little to ease investor nerves. Related Reading Now, a handful of analysts are saying the worst of the selling may finally be over — though what comes next is far from exciting. No Crash, No Boom — Just Patience Crypto analyst Willy Woo put it plainly on X. The wave of bearish selling by investors “seems to have exhausted,” he said, giving Bitcoin…

Flip These Key Resistance Levels to Support

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Bitcoin bulls were battling to flip three resistance levels back into support by the end of the week, but history shows they may need to wait another month. Bitcoin (BTC) is battling three key resistance levels at once, and the end of the bear market may depend on breaking them in March. Key takeaways: Bitcoin still faces three resistance levels on the weekly chart after its midweek gains. Bitcoin is down 14% in February, the fifth consecutive red month for BTC price. Bitcoin bulls attempt three support flips Data from…

Ethereum Flashes Early Reversal Signal As Taker Ratio Turns

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A shift in Ethereum’s derivatives flow on Binance is starting to hint at a possible change in market structure, even as ETH itself remains in a corrective phase. According to CryptoQuant contributor Darkfost, the Taker Buy Sell Ratio is no longer flashing the same persistent sell-side aggression that dominated as the asset pushed toward a new all-time high. Darkfost argues that the indicator offers a useful read on who is pressing harder in the futures market. “This indicator is effective for assessing directional dominance between market buy and sell orders…