Bitcoin tests key support as Ethereum shows bearish signs. Over $1B divested from Bitcoin ETFs since May 13th CPI data, market sentiment drops from 87% to 45%. Bond yields climb, 30-yr yield at 5.12%, increasing pressure on crypto. Bitcoin testing 30-day MA; break below signals momentum loss. Watch $79,125 (bull-bear line) and $76,922 (support). Ethereum triggered a bearish signal. Market is "two steps forward, one step back," but cycle bottom may be set. #Bitcoin #Ethereum #Crypto #Nostr

Bitcoin Depot, a Bitcoin ATM operator, has reported a major security breach on March 23rd resulting in the theft of approximately 50.9 Bitcoin, valued at around $3.665 million. Attackers gained unauthorized access to the company's IT systems and digital asset settlement account. Bitcoin Depot is responding with an emergency investigation by cybersecurity experts and has notified law enforcement. Importantly, customer platforms and user data were *not* compromised. The company considers this a material impact on its operations, potentially affecting reputation and incurring costs. This highlights a critical security development for Bitcoin Depot. #Bitcoin #Security #CryptoNews #BitcoinDepot

Haverhill, MA is considering a ban on crypto ATMs. The city council unanimously approved the proposal, citing concerns about fraud, money laundering, and lack of user protection due to absent state/federal regulation. If passed, crypto ATMs must be removed within 60 days, or face a $300 daily fine. #cryptocurrency #Nostr #Haverhill

US Dept. of Labor proposes rule to allow crypto, private equity, real estate in 401(k)s. Response to Aug. executive order. Could shift retirement plans from stocks/bonds to non-publicly traded assets. Goal: align plans with current investment landscape & improve diversification. Concerns raised by Sen. Warren re: higher risks, fees, losses. Trillions in US 401(k)s mean even small crypto allocation = big capital inflow. Aims to modernize savings with broader choices, potential for enhanced returns, but risks need careful consideration. #crypto #blockchain #news

White House AI & Crypto Lead David Sacks exits after 130-day term limit. Key initiatives like market structure & stablecoin regulation are incomplete. Sacks spearheaded Trump's crypto policy, pushing for legislation & a Bitcoin reserve. Significant industry reforms are still pending. He'll continue advising on AI & tech as co-chair of the President's Council of Advisors on Science and Technology. Sacks had hoped for market structure/stablecoin bills in the first 100 days, but the CLARITY Act hit roadblocks. A proposed "Crypto Council" also didn't form due to internal issues, and funding for the Bitcoin reserve is unresolved. #crypto #blockchain #news #BTC #Bitcoin

Binance Wallet users with 242+ Alpha Points can join Perle Labs (PRL) TGE. Requires 15 Alpha Points deduction. #Binance #PRL #TGE

US Treasury Sec. Yellen defends US/Israeli actions against Iran, saying "sometimes you have to escalate to de-escalate." This follows Trump's threat to Iran's power plants if Strait of Hormuz isn't opened. Yellen suggests this is "the only language the Iranians understand." She also highlighted Kharg Island, Iran's oil hub, stating "all options are on the table," including US military intervention. Yellen also defended easing some sanctions, calling it a "Judo" strategy to use Iran's own oil resources against it. #crypto #blockchain #news

💰 Three whales just invested $9.09M in HYPE tokens on Hyperliquid! 🐳 * Whale "0x96d" bought 253,442 HYPE for $10.55M (avg $32.57/HYPE), with a $1.3M pending order. * Whale "0x780" acquired 63,547 HYPE for $2.67M ($42.06/HYPE). * Whale "0x50b" purchased 47,076 HYPE for $1.98M ($42.14/HYPE). Source: Onchain Lens #crypto #blockchain #news

Fed holds rates steady, anticipates just one rate cut in 2026. Officials project inflation rise, stable unemployment. Middle East conflicts pose economic risks, but Fed seems to have factored out oil shock impacts. Inflation expected at 2.2% by end of 2027, near 2% target. Fed's cautious stance balances inflation management & growth support amid global uncertainties. This single cut expectation shows continued policy vigilance. #crypto #blockchain #news

IRS Proposes Electronic-Only Tax Forms for Crypto Platforms The U.S. Internal Revenue Service (IRS) has put forth a new proposal that would permit cryptocurrency exchanges such as Coinbase and Kraken to exclusively issue tax forms like the 1099-DA electronically, eliminating the need for paper mailings. According to The Block, this proposed rule, effective from this year, mandates that crypto brokers report the gross proceeds and cost basis of digital asset sales to the IRS. This move aims to enhance tax compliance by allowing the IRS to automatically access user profit and loss data. The proposal suggests that brokers may not be required to provide paper tax forms to customers who have not consented to electronic delivery and may even terminate business relationships with clients who refuse electronic distribution. The IRS proposal is currently open for public comment and awaits final approval. #crypto #blockchain #news

Ethereum's Lead Developer Proposes Enhanced Transaction Simulation for Security Vitalik Buterin, a key figure in Ethereum's development, has put forth a proposal to integrate a "transaction simulation" feature into the network. This innovative approach aims to bolster the security of wallets and smart contracts by allowing users to preview the on-chain implications of an operation before definitively confirming or canceling it. Buterin also suggested implementing additional security measures such as expenditure limits and multi-signature authorizations. These mechanisms are designed to ensure that a user's intended actions precisely align with the executed operations, thereby significantly reducing potential risks. The proposal underscores the inherent complexity of user intentions in blockchain interactions. Buterin emphasized that achieving a higher level of security necessitates multiple layers of verification to accommodate these complexities. #crypto #blockchain #news

FTX Founder Sam Bankman-Fried Seeks New Trial, Alleges DOJ Withheld Evidence FTX co-founder Sam Bankman-Fried, currently incarcerated, has filed a motion requesting a new trial. The motion, submitted on February 10th to the U.S. District Court for the Southern District of New York, was filed by his mother as a "pro se" petition and includes Bankman-Fried's written statement. In the filing, Bankman-Fried accuses the Department of Justice (DOJ) of concealing evidence and calls for the recusal of the original judge, Lewis Kaplan. The motion asserts that Bankman-Fried was wrongly prosecuted for "stealing FTX customer assets and causing billions of dollars in losses." Furthermore, it claims that several potential witnesses refused to testify in his defense due to pressure from a "weaponized DOJ." #crypto #blockchain #news

Jeffrey Epstein's $3 Million Investment in Coinbase Revealed in Justice Department Documents New documents unsealed by the U.S. Department of Justice indicate that the late sex offender Jeffrey Epstein invested $3 million into Coinbase during its Series C funding round in 2014. At the time, the cryptocurrency exchange was valued at $400 million. Emails suggest that Coinbase co-founder Fred Ehrsam was aware of the investment and had plans to meet with Epstein. The investment was reportedly facilitated by Tether co-founder Brock Pierce and his venture capital firm, Blockchain Capital. While Blockchain Capital has stated it did not directly accept funds from Epstein, Justice Department filings reportedly list the Coinbase investment among its assets. #crypto #blockchain #news

Arthur Hayes Links Bitcoin's Recent Decline to Dollar Liquidity Contraction BitMEX co-founder Arthur Hayes stated on X that U.S. dollar liquidity has decreased by approximately $300 billion in recent weeks. This reduction is primarily attributed to a $200 billion increase in the U.S. Treasury's general account (TGA). Hayes suggests the government may be accumulating cash reserves to fund expenditures in anticipation of a potential shutdown. In this context, Hayes noted that Bitcoin's decline is not surprising, as it appears to be synchronized with the contraction of dollar liquidity. The reduction in dollar liquidity, driven by increased government cash holdings, creates a less favorable environment for risk assets like Bitcoin. Investors may be reallocating capital as liquidity tightens. #crypto #blockchain #news #BTC #Bitcoin

Australia’s eSafety Commissioner warns of a surge in complaints about AI-generated abuse using Elon Musk’s Grok, including some involving child sexual abuse material. Grok’s “Spicy Mode” is under fire & facing investigation. Platforms must better regulate AI content under Australian law. #crypto #blockchain #news

Bitcoin faces a potential price plunge below $50k if it's not quantum-resistant by 2028, warns Capriole founder Charles Edwards. Quantum computing could break current encryption & compromise funds. Industry action is crucial! #Bitcoin #QuantumComputing #Crypto

Dutch Central Bank warns a surge in dollar-pegged stablecoins & potential “bank run” could destabilize European markets, impact inflation & *force* the ECB to shift monetary policy. Growing regulatory scrutiny via MiCA framework expected. #stablecoins #ECB #crypto #blockchain #news

Major ETH whale is liquidating holdings after borrowing 66k ETH. They’ve withdrawn nearly 200k ETH ($632M) from Aave & sent 44k ETH ($140M) to Binance. Estimated $70M loss. Possible sign of shifting market sentiment. #ETH #crypto #liquidation #blockchain #news

Franklin Templeton forecasts big growth for digital wallets in 2025 – beyond crypto! Expect tokenized assets like real estate & US Treasuries. 🏛️ Institutional interest is rising, particularly in stablecoins & on-chain assets. Expanding to 9 blockchains & partnering with Binance! 🚀 #DeFi #Tokenization #crypto #blockchain #news

HTX (formerly Huobi) now lists JCT/USDT & CC/USDT perpetual contracts with up to 20x leverage! 🎉 Join their $20K trading party Nov 11-18 (UTC+8) – trade ≥10,000 USDT to be eligible. New users get exclusive perks! 🚀 #HTX #crypto #perpetuals #blockchain #news