Author: Kryptonews
Bitcoin critic Peter Schiff has doubled down on his stance, this time claiming the flagship cryptocurrency is in a bear market. However, the crypto community pushed back against his remarks, with many arguing that his analysis relied too heavily on short-term data. BTC Down 20% against Gold The economist dismissed Bitcoin in a September 24 post on X, stating it is “not living up to its hype.” He pointed out that the cryptocurrency has dropped 20% against gold since its August peak, a fall that he said means it’s in bear market territory. Schiff added that since the crypto asset…
Two Democratic lawmakers on the US Senate Banking Committee and Senate Agriculture Committee, expected to vote on a market structure bill soon, have signaled that they would oppose the legislation without an investigation into two White House officials.In a Tuesday letter to officials in the US State Department, Commerce Department and Department of Ethics, Senators Elizabeth Warren and Elissa Slotkin called for authorities to investigate US President Donald Trump’s AI and crypto czar, David Sacks, and his Special Envoy to the Middle East, Steve Witkoff. The two Democratic lawmakers signaled that, without information as to whether “politically connected crypto interests…
The Rijksmuseum in Amsterdam announced last week that the dog depicted in the lower righthand corner of Rembrandt van Rijn’s Night Watch (1642) was based on a popular drawing from the 17th-century. The Night Watch is currently undergoing an extensive study and restoration in a specially designed glass chamber located in the museum’s galleries that began in 2019. Called Operation Night Watch, the initiative “brings scientists, restorers and curators together with experts from our project partner AkzoNobel to maintain the painting in optimal condition for the future,” according to the museum’s website. Related Articles This new revelation came about after…
As the broader crypto markets continue to wilt, Dogecoin (DOGE) is slowly waking up to turn the tides the bullish way again. 21Shares, one of the financial world’s most prominent digital asset management companies, have just filled for a Dogecoin ETF with the Depository Trust & Clearing Corporation (DTTC).Dogecoin’s Major Step Towards The Big BoysAlthough this does not secure an approval of this meme coin-based exchange-traded fund (ETF) pitch, this acknowledgement by the DTCC marks a further step in the submission procedure. Part of the standard preparation process, the DTCC registration is crucial in terms of approval by the The…
Key Takeaways Crypto Finance, owned by Deutsche Börse, integrated Chainlink Proof of Reserve for transparent on-chain verification of assets. The solution allows real-time, public reserve data for nxtAssets’ physically backed Ethereum and Bitcoin ETPs on Arbitrum via Chainlink oracles. Share this article Crypto Finance, a Frankfurt-based digital asset solutions provider owned by Deutsche Börse, today integrated Chainlink Proof of Reserve to enable on-chain verification of custodied assets for exchange-traded products.The integration allows nxtAssets’ physically backed Ethereum and Bitcoin ETPs to display reserve data publicly through Chainlink’s oracle network on Arbitrum. The system uses Chainlink Runtime Environment to publish real-time custody…
Key takeaways:Bullish bets dominate the September Bitcoin options expiry, assuming BTC price holds the $110,000 support level.Despite higher demand for bullish bets, macroeconomic uncertainty keeps downside risks on the table.A total of $22.6 billion in Bitcoin (BTC) options are scheduled to expire on Friday, creating a decisive moment after the sharp rejection at $117,000. Currently, bullish strategies remain better positioned heading into the expiry as long as the $112,000 level holds.Bitcoin options aggregate open interest by expiration, USD. Source: laevitas.chDeribit continues to dominate the market, with $17.4 billion in open interest for Friday’s Bitcoin options, while OKX and CME trail…
The global population of crypto millionaires has reached 241,700, up 40% in the past year, according to the Crypto Wealth Report 2025 by Henley & Partners. The surge coincides with a broader rally that lifted total digital asset market capitalization to $3.3 trillion in June, a 45% increase year-on-year, the report, featuring data from global wealth intelligence firm New World Wealth, said.Bitcoin remains the main driver of wealth creation in the sector. Holders with portfolios above $1 million in BTC climbed 70% to 145,100 year-over-year. At the upper end, 450 individuals now hold at least $100 million in crypto, while…
The best Bybit referral code is “CNJREFERRAL,” which allows new users to receive up to a $30,000 sign-up bonus and enjoy a trading fee discount of up to 30%The crypto market is full of bonuses that can help you kickstart your trading journey. One of the best ways to take advantage of these rewards is by using the Bybit referral code. When you sign up with this promo code, you unlock a range of benefits, including a generous sign-up bonus and extra referral bonuses.These perks not only make trading more exciting but can also boost your earnings. In this article,…
Jiuzi Holdings is planning to deploy a billion-dollar corporate treasury mandate into a trio of digital assets, a move guided by new COO Dr. Doug Buerger that positions crypto as a core strategic reserve. Summary Jiuzi Holdings approved a $1 billion crypto treasury plan focused on Bitcoin, Ethereum, and BNB. The move follows the appointment of crypto veteran Dr. Doug Buerger as COO. A new risk committee led by CFO Huijie Gao will oversee policy execution. In an announcement on Sept. 24, the Nasdaq-listed EV charging company revealed its board has formally adopted a Crypto Asset Investment Policy. This framework…
Tether is looking for a deal that would push its valuation to $500 billion, and if that happens, Giancarlo Devasini would end up with a net worth of $224 billion, putting him ahead of Warren Buffett, right behind Elon Musk, Jeff Bezos, Larry Ellison, and Mark Zuckerberg. This info came from the Bloomberg Billionaires Index, and it’s based on what Devasini would pocket from his ownership stake if Tether Holdings pulls this off and becomes one of the most valuable private companies on the planet. As Cryptopolitan reported earlier, the stablecoin giant, headquartered in El Salvador, is trying to raise…
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