Bitwise Says Protocol Revenue Could Reprice Crypto

Crypto valuations could at least double as protocols increasingly use revenue to fund token buybacks and burns, according to Bitwise Chief Investment Officer Matt Hougan.  On Wednesday, Hougan said crypto…

Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer

Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees. Source link

NYC council announces probe into ‘predatory marketing practices’ on prediction markets

Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation into their marketing practices. Source link

Arizona Crypto ATM Law Helps Victims Recover $171K

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For…

ASX Shareholder Plans Lawsuit Over Failed Blockchain Project

An Australian Securities Exchange (ASX) shareholder plans to seek Federal Court permission to sue certain former ASX officers and directors over alleged breaches of duty connected to its failed blockchain-based…

Goldman Sachs To Acquire NEOS Investments In $2.25B Deal

Goldman Sachs has agreed to acquire NEOS Investments in a deal worth up to $2.25 billion that will give the Wall Street giant another Bitcoin-related product for its portfolio, the…

Hawaii Crypto ATM Ban to Take Effect on Oct. 1

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For…

Bitcoin Price May Be Battered, But Adoption Still Intact

Bitcoin’s price has shown signs of stabilizing after a rough stretch, but even setting aside where prices go in the near term, asset manager Grayscale says adoption of the cryptocurrency…

Goldman Sachs to acquire ETF manager NEOS in $2.25B deal

The deal would add NEOS’ $30 billion ETF business, including Bitcoin- and Ether-linked income funds, to Goldman Sachs Asset Management. Source link

Bitcoin Flashes Bottom Signals As “Digital Gold” Narrative Returns

Bitcoin is sending two notable signals to the market this week: on-chain data suggests the cryptocurrency may be forming a macro bottom, while its price behavior is increasingly echoing gold’s…