Bitcoin poised to end 7-month decline as Bitcoin ETFs reach record $65B milestone

Bitcoin is approaching a critical weekly close as bulls aim to break a seven-month downtrend. Data from TradingView shows BTC making another attempt to breach resistance that has held firm since March’s all-time high. For over half a year, Bitcoin has been consolidating within a downward-sloping channel after hitting its record price of $73,800. Despite […]

UAE Central Bank Approves Stablecoin Issuer

The Central Bank of the United Arab Emirates (CBUAE) has given in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, as announced in the company’s press release. With this preliminary license, AED Stablecoin is positioning itself as a leading candidate to issue the first regulated stablecoin in the UAE, pegged to the […]

FBI Arrests Hacker Behind Fake SEC Bitcoin ETF Approval Announcement

A 25-year-old man from Athens, Alabama, has been arrested by the FBI for hacking into the Securities and Exchange Commission’s (SEC) official X account earlier this year in January. According to an Oct. 17 announcement, the individual, identified as Eric Council Jr., was charged with conspiracy to commit aggravated identity theft and access device fraud. […]