Bitcoin (BTC USD) fell about -0.5% to about $85,800 after sellers rejected a move above $87,000 for the third time since September 23. The setback came as Strategy bought 334 …
Andrew Grant
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Crypto
China’s Gold Buying Spree Accelerates as Central Banks Keep Stockpiling Bullion
by Andrew Grantby Andrew GrantChina has accelerated its gold accumulation spree again, with its streak lasting almost two years straight. The Asian country has added another 23 tonnes of gold to its reserves …
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Russia has introduced new electricity supply rules requiring cryptocurrency mining farms to accept lower-priority power connections, allowing authorities to disconnect their facilities during shortages while protecting electricity supplies for households …
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Crypto
Another One Bites the Dust: Pudgy Penguins’ Abstract Layer 2 to Shut Down
by Andrew Grantby Andrew GrantIgloo, the parent company of Pengu crypto, will shut down Abstract on Dec. 15, 2026, and users must move their assets before the deadline or risk losing access to funds …
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Bitcoin is trading around $83K after the rejection from the $86K to $90K resistance zone weakened short-term structure, while the Coinbase Premium Index has turned sharply negative, suggesting US-based buying …
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Papertrade has scheduled its HyperEVM perpetuals exchange to begin trading on Oct. 10 with up to 1000x leverage, after DefiLlama tracked about $85.3 million in deposits ahead of the opening. …
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In Cardano news today, the Cardano Foundation has launched CIP-0113, a standard that lets issuers build compliance rules into programmable tokens for regulated stablecoins, funds, and bonds. ADA is down …
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XRP is attempting to stabilize after a sharp correction from its September highs, with the price currently trading around $1.40. While buyers have managed to trigger a rebound from the …
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Hong Kong has warned that payment platforms operating without required licenses face enforcement action, after its monetary authority received 16 complaints about suspected unlicensed stored value services between January 2024 …
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UK crypto rules are entering a new phase. HM Revenue and Customs (HMRC) is proposing to extend its information-gathering powers to cryptoasset businesses and to change the rules on access …
