Crypto News
Semler Scientific Adds $88 Million to Its Bitcoin Treasury
The medical tech company's Bitcoin treasury has "generated BTC Yield of 152% since July 1, 2024" the company's chairman noted.Source link
It’s Time to End the Bureaucrat’s Secret Weapon: Debanking
"Debanking" has become a buzzword in Washington lately. The term refers to a controversial practice where crypto companies and other businesses have been cut off from banking services, allegedly due to pressure from federal regulators. Many in our industry have dubbed this "Operation Chokepoint 2.0," comparing it to a previous Obama-era initiative that discouraged banks from serving certain legal but high-risk industries. The issue has sparked heated debate, with multiple congressional investigations examining whether regulators improperly pressured banks to deny services to crypto firms and other businesses.I'm testifying before Congress about it today because my company experienced it firsthand, despite being a federally-regulated bank ourselves — and because debanking is widely misunderstood. To address this threat to American values, we...
CoinDesk 20 Performance Update: AAVE Gains 6.9% as Index Trades Higher From Tuesday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3310.92, up 0.2% (+5.24) since 4 p.m. ET on Tuesday.Fourteen of 20 assets are trading higher.Leaders: AAVE (+6.9%) and LTC (+3.7%).Laggards: XRP (-1.2%) and SUI (-1.2%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Bitcoin Now Has a Trustless Bridge to Ethereum Through Arbitrum L2
Bitcoin holders are finally gaining access to the decentralized apps and ecosystem “they’ve spent 15 years starving for," said the CEO of BTC OS.Source link
Bitcoin Drops Below Key 2025 Realized Price Level, Raising Risk of Further Downside: Van Straten
The average withdrawal price of bitcoin (BTC) from exchanges in 2025 currently stands at $100,356. At present, bitcoin is trading just below this level, hovering around $98,000. The concern arises when bitcoin falls below the average withdrawal price for a sustained period of time, as this can often trigger continued selling and more downward price pressure. Historically, this metric has served as a strong support level for bitcoin. Busting below this support, however, does not necessarily indicate a bear market or sustained declines, as bitcoin historically reclaims this price level quickly. In 2024, for example, bitcoin repeatedly tested its average withdrawal price just below $60,000. The price indeed did briefly dip below this level multiple times, most notably in August...