US Attorneys Blast Ex-Celsius CEO’s Motion to Vacate as ‘Without Merit’

An effort by Alex Mashinsky, the former CEO of now-defunct cryptocurrency lending platform Celsius, to convince a federal court to vacate his 12-year sentence for fraud and market manipulation faces pushback from US prosecutors in the Southern District of New York (SDNY). In a Friday filing, SDNY Attorney James McDonald and Assistant US Attorney Allison…

Bitcoin Price Volatility Sparks First Tap Of $65,000 Since Aug. 10

Bitcoin (BTC) hit $65,000 after Tuesday’s Wall Street open as US stocks rebounded in spite of geopolitical pressure. Key points: Bitcoin reaches $65,000 for the first time since Aug. 10 as risk assets navigate fresh US-Iran signals. Analysis warns of surging US 30-year bond yields, which hit 29-year highs of 5.34%. BTC price analysis flags…

Toyota Finance opens tokenized bonds to retail investors via mobile payment app

Retail investors can apply to buy the 1 billion yen bond without a securities account and receive perks through Toyota’s payment app. Source link

Bitcoin miners struck gold in AI, but bitcoin mining could roar back

MARA’s performance reflects the slide in hashprice, the expected daily revenue generated by a unit of bitcoin mining power. In July last year, the hashprice was $63 for each petahash per second (PH/s) of power. It’s now around $31.80 per PH/s. Not surprisingly, an increasing number of miners are finding it unprofitable to continue production…

South Korea moves to block Polymarket over gambling concerns

The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts. Source link

Bitcoin Short Liquidations Eye Monthly High After Squeeze to $64,500

Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals. Key points: Bitcoin passed $64,000 thanks to a short squeeze on derivatives markets, CryptoQuant says. An ongoing downward funding-rate reset from 0.006% to 0.003% over 24 hours could mean further short squeezes. The absence of…

South Korea’s Jeonbuk Bank taps Ripple for cross-border payments

Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed. Source link

Ethereum Foundation warns some tools may break with Glamsterdam upgrade

Developers have been urged to test on Plataberget before Glamsterdam’s new gas model reaches Ethereum’s other testnets and mainnet. Source link

Binance to Plan UK Relaunch with FCA License Application: Report

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 more details on our standards and processes, please read our Editorial Policy. Source link

The bitcoin price level where leveraged bulls could get whacked

“$57,000 is a key region to watch. If Bitcoin trades down into that area, we could see a massive wave of long liquidations,” Joao Wedson, CEO of crypto analytics platform Alphractal, said. The risk is amplified by thin trading volumes. As CoinDesk reported Monday, the number of active contracts is unusually large relative to trading…