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Sui enters the stablecoin race with a fully backed token and a synthetic dollar using delta-neutral hedging, as synthetic finance gains new traction. Source: cointelegraph.com (Read Full Article)
Myriad Moves: Bitcoin's Odds of New All-Time High Jump by 50%
Top markets on Myriad this week include price predictions for Bitcoin and Solana, as well as odds of Polymarket token news. Source: decrypt.co (Read Full Article)
New York State senator proposes tax on crypto mining energy use
The legislative proposal introduces a tiered tax system for energy used by crypto miners in New York, charged by kilowatt-hour used. Source: cointelegraph.com (Read Full Article)
Bitcoin Price Analysis: Potential Surge to $145,000 with Bull Flag Breakout Pattern Detected
Bitcoin’s price consolidation post reaching record highs is viewed as normal, with a potential for the price to surge towards $145,000, according to new analysis. There’s a possibility of a pullback to $117,000 before an uptrend resumes. A bull flag breakout pattern suggests a target of $140,000-$145,400 for Bitcoin’s price. Analysts recommend close monitoring as the cryptocurrency market remains volatile. [Original Post] Generated by DMK News Bot
Crypto.com to integrate Morpho lending, bringing stablecoin yield to Cronos
Crypto.com is adding Morpho lending to Cronos, allowing users to earn stablecoin yields on wrapped BTC and ETH, mirroring Coinbase’s push into DeFi lending. Source: cointelegraph.com (Read Full Article)
OpenAI Tops SpaceX as World’s Most Valuable Private Company With $500 Billion Valuation
Employee share sale pushes OpenAI to a $500 billion valuation as investor frenzy in artificial intelligence continues to grow. Source: decrypt.co (Read Full Article)
US Senator Ted Cruz pushes back on bill aimed to stop American doxing
Two bipartisan bills to protect the data of all Americans were blocked by Senator Ted Cruz, who argued it may affect law enforcement efforts to track down criminals. Source: cointelegraph.com (Read Full Article)
‘Horse has left the barn:’ ETHZilla bets big on Ethereum’s stablecoin play
ETHZilla’s CEO says the Ethereum treasury company plans to work with layer-2 protocols to generate a higher yield than it could get from staking. Source: cointelegraph.com (Read Full Article)
New York Democratic Lawmakers Want Bitcoin Miners to Pay More Tax. Here's Why
Politicians have long slammed the amount of money Bitcoin miners use. Lawmakers now want to tax them for it. Source: decrypt.co (Read Full Article)