New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois earlier this week. “Getting rich by betting on inside information is corruption, plain and simple,” Hochul said on Wednesday, adding: “Our actions will ensure that public servants work for the people…
Key takeaways: US government bailout plans and currency swap lines with the UAE are easing global liquidity fears and lowering credit crisis risks. Record Bitcoin ETF inflows and rising BTC miner profits suggest strong bullish momentum despite the ongoing war in Iran. The total cryptocurrency market capitalization surged to an 11-week high on Wednesday as…
Blockstream CEO Adam Back, the British cryptographer and inventor of Hashcash, said it’s “flattering” that people think he’s Satoshi Nakamoto and was probably the result of his being a little too “talkative” on the cypherpunk mailing list that started it all. Back was speaking in a fireside chat with Cointelegraph at the recent LONGITUDE event…
Bitcoin (BTC) reached a monthly high of $79,472 on Wednesday, marking its strongest 28-day return since April 2025. The rally aligns with a shift in a market positioning metric and a surge in leverage use. A combined view of the market positioning metric and open interest shows new positions are being added, potentially influencing BTC’s…
Key points: Bitcoin’s rise above the $78,333 resistance opens the door for a rally to $84,000. Several major altcoins are attempting to rise above their resistance levels, signaling aggressive buying at lower levels. Bitcoin (BTC) rallied above $79,000, indicating that the bulls are back in the game. Crypto market intelligence platform Decode said in a…
American Bitcoin (ABTC), a publicly traded mining company co-founded by United States President Donald Trump’s sons, has completed its energization of 11,298 application-specific integrated circuits (ASICs) at its Drumheller site in Alberta, Canada. Following the acquisition of machines, the company now owns about 89,242 ASICs, the computers used to mine Bitcoin (BTC) and other proof-of-work…
Former FTX CEO Sam Bankman-Fried, serving a 25-year sentence for his role in misusing user funds at the crypto exchange, has dropped a motion in federal court requesting a new trial for his criminal case, but still has a pending appeal of his conviction and sentence. In a Wednesday filing in the US District Court…
In brief A top U.S. military official said the government runs a Bitcoin node to test cybersecurity uses of the network. Admiral Samuel Paparo said the military sees Bitcoin mainly as a tool to help secure networks. He also praised stablecoin legislation for helping ensure the global dominance of the U.S. dollar. A top military…
In brief OpenAI launched workspace agents for ChatGPT Business, Enterprise, Edu, and Teachers plans. The agents can run multi-step tasks in the cloud, integrate with apps, and work in Slack. The feature is free in research preview until May 6, when credit-based pricing begins. OpenAI is pushing ChatGPT beyond the chat box with the launch…
The American Bankers Association (ABA) has asked US government agencies responsible for regulations related to a stablecoin bill for more time to comment, potentially delaying implementation by as much as two months. In a Tuesday letter to the US Treasury Department, Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN) and Treasury’s Office of…