Author: Kryptonews

Key takeaways:A 2021-style bearish divergence on the weekly chart points to a potential 50%+ correction toward $64,000.Peter Brandt warns Bitcoin must reclaim its parabolic trendline soon or risk ending its bull cycle before reaching the $150,000 target.Bitcoin’s (BTC) surge to a record $112,000 sparked renewed hopes for a $150,000 target by year-end, but its swift correction below $105,000 is testing that bullish narrative.Is Bitcoin painting a bearish reversal setup?Bitcoin is painting what appears to be an inverse cup-and-handle pattern, with its neckline near $100,800 acting as current support. As of June 7, the price has entered the handle-formation stage, eyeing…

Key Takeaways: Arca sold all its Circle shares after receiving only a small allocation in the stablecoin issuer’s IPO. Arca will also cut ties with Circle and stop accepting USDC in its operations following the dispute. Circle’s NYSE debut raised $1.05 billion, spotlighting USDC’s growing role in regulated digital finance. Digital investment firm Arca has sold its entire stake in Circle, following its public criticism of the stablecoin issuer’s initial public offering (IPO) process.Arca Chief Investment Officer Jeff Dorman disclosed the move after publishing a sharply worded open letter on June 5, accusing Circle of sidelining the firm during the…

Coinbase has added the native altcoin of the top decentralized exchange (DEX) to its listing roadmap. Coinbase’s customers may soon be able to trade PancakeSwap (CAKE), the native asset of PancakeSwap, a DEX originally built on the BNB Chain. PancakeSwap has expanded to multiple blockchains and now leads all decentralized exchanges in trading volume, recording $228.03 billion in the past 30 days compared to Uniswap’s (UNI) $95.706 billion, according to DeFi Llama. PancakeSwap also recently set its monthly record with $173 billion in trading volume in May. The roadmap addition, announced on Wednesday, has not boosted CAKE’s price: The 116th-ranked…

In the rapidly evolving landscape of cryptocurrency, Bitcoin stands as a significant player, attracting both investors and cybercriminals alike. Due to its decentralized and, sometimes, anonymous nature, it’s crucial for Bitcoin holders to understand and actively defend against the prevalent threats of phishing, malware, and fraud. This article aims to equip you with the knowledge and strategies to safeguard your digital assets from these cyber perils. Understanding Phishing Attacks Targeting Bitcoin Phishing is a deceptive practice where criminals pose as legitimate entities to trick victims into revealing sensitive information. In the context of Bitcoin, this can include your private keys,…

Understanding How We Decide Decision-making is one of the most fundamental processes humans engage in daily. From minor choices like what to eat for breakfast to major life-altering selections, such as career paths or long-term investments, our decisions shape who we become. However, many of these selections are influenced by subtle psychological biases and cognitive shortcuts that often operate beneath conscious awareness. To improve decision-making, we must first understand these hidden forces at play. The Role of Cognition and Biases Human cognition is not always rational. Our brains rely on mental shortcuts—called heuristics—to simplify complex information and make quicker judgments.…

Non-fungible token (NFT) artist Jonathan Mann, the musician behind the “Song A Day” project, has turned his crypto tax ordeal into a cautionary musical tale. In a new track shared on X, Mann recounted how he made $3 million selling his entire back catalog as NFTs, only to see it vanish as the market crashed during the Terra ecosystem collapse. “This is the story of how I made three million dollars and lost it,” Mann sings. “And how I owed the IRS more money than I made in 10 previous years.” Source: Jonathan MannMusician owed $1.1 million in taxes on NFT salesMann…

Tony Kim Jun 06, 2025 16:44 Solana’s Alpenglow aims to revolutionize blockchain consensus with 100x faster finality, replacing Proof of History with Votor and Rotor systems. Solana has unveiled its latest consensus upgrade, Alpenglow, which promises to enhance blockchain finality by a factor of 100. Developed by Anza’s research team, led by ETH Zurich’s Professor Roger Wattenhofer, Alpenglow replaces Solana’s existing Proof of History and Tower BFT systems with new components named Votor and Rotor. According to Sei, this transition aims to achieve deterministic finality in just 100-150 milliseconds under optimal conditions, compared…

The Ethereum network will be undergoing a scheduled network upgrade at block 15,050,000, which is expected to occur on Wednesday, June 29, 2022. The exact date is subject to change due to variable block times and time zones. Please upgrade your node before Monday, June 27, 2022 to account for variable block times. What is Gray Glacier? The Gray Glacier network upgrade changes the parameters of the Ice Age/Difficulty Bomb, pushing it back by 700,000 blocks, or roughly 100 days. This has also been done in the Byzantium, Constantinople, Muir Glacier, London and Arrow Glacier network upgrades. No other changes…

Introduction Enterprise blockchain governance is evolving rapidly as companies explore decentralized autonomous organization (DAO) models to enhance transparency, efficiency, and decision-making. Traditional corporate structures are being challenged by DAOs, which leverage blockchain technology to automate rules, ensure democratic processes, and reduce centralized control. This shift reflects a growing need for more adaptable, secure, and community-driven governance systems within enterprises. What Are DAOs? DAOs, or decentralized autonomous organizations, are blockchain-based entities that operate under a set of predefined rules encoded in smart contracts. Unlike traditional hierarchies, DAOs allow members to vote on proposals, allocate resources, and adjust policies in a transparent…

In brief Circle’s stock price peaked at $123 on Friday, effectively quadrupling since its IPO yesterday. Its first-day surge outpaces even tech darlings like Airbnb, which doubled its IPO price at launch in 2020. Circle’s market capitalization, however, is lower than those of such tech giants. Circle’s dynamite IPO this week wasn’t just impressive by crypto standards—it outperformed expectations to a degree unrivaled even by America’s most prominent tech companies.The evening before its Thursday trading debut on the New York Stock Exchange, Circle priced its stock, CRCL, at $31 a share. That represented a mark-up from the lower share prices…