Pudgy Penguins shut down rumors of an OpenSea buyout, calling the speculation unnecessary and pointing instead to growing brand partnerships. Pudgy Penguins has denied speculation that it acquired NFT marketplace OpenSea, following a wave of social media chatter suggesting a deal may have closed as early as December 2024. In a Saturday post on X, Beau, head of security at Pudgy Penguins, dismissed the acquisition talk. “Pudgy Penguins didn’t buy OpenSea… chill,” he wrote. He claimed that the project has big plans, so there’s no need to focus on just one possible acquisition. “Talk about partnering with Lufthansa and NASCAR, and go find the next great brand for us to proliferate with,” Beau wrote. Read more
A crypto analyst disagreed with the statement, saying, “Everyone dies. At some point, investment returns become irrelevant.” A prominent crypto analyst has sparked debate in the Bitcoin community by claiming that Bitcoin OGs are losing confidence in the asset as it becomes increasingly adopted by institutions. “Many of the most ardent early whales have seen their faith shaken and have been selling at these prices,” Scott Melker, aka The Wolf of All Street, said in an X post on Saturday. “Bitcoin is amazing, but it’s obviously been co-opted to some degree by the very people that it was created as a hedge against,” Melker said. Read more
The Bitwise Invest executive admits he “could be wrong” but doesn’t see 2025 as the end of the upside for Bitcoin. Bitcoin’s price could see significant upside in 2026, bucking the traditional four-year market cycle, according to Bitwise chief investment officer Matt Hougan. The prediction comes as other analysts are divided on whether Bitcoin (BTC) will stray from its historical pattern or follow the traditional halving cycle and peak in the coming months. “I bet 2026 is an up year,” Hougan said in an X video on Friday. “I broadly think we’re in for a good few years,” Hougan added. Read more
Analysts call XRP’s dip on Thursday a healthy correction, while Galaxy Digital’s CEO says Ether could outperform Bitcoin within the next six months, and other news. The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years. In a Thursday court decision, Justices Stewart, Cheeseman and Meagher confirmed a previous judgment that Finder Wallet and Earn complied with consumer financial laws. The federal court “confirmed the initial finding that Finder Earn was not a financial product,” Finder said in a Thursday blog post. Read more
Solo miners successfully adding blocks to the Bitcoin blockchain network is a rare event, but still not impossible in 2025. A solo Bitcoin (BTC) miner successfully mined a block on Saturday, collecting the 3.125 BTC block reward, valued at $372,773. The miner, operating through the Solo CK pool, a solo mining service, successfully mined block 907283, which contained 4,038 transactions and block fees totalling $3,436. Rising network hashrate and difficulty make it increasingly harder for solo miners to compete with large-scale, corporate mining firms. Read more
Bitcoin exchange-traded funds (ETFs) have permanently reduced volatility and altered Bitcoin market dynamics, according to analysts. Bitcoin (BTC) will no longer experience “parabolic” price rallies or “devastating” bear markets, because BTC exchange-traded funds (ETFs) have permanently reduced volatility and altered market dynamics, according to Blockware BTC analyst Mitchell Askew. “BTC/USD looks like two entirely different assets before and after the ETF,” the analyst wrote on Friday. The chart he shared showed a sharp reduction in price volatility following the January 2024 launch of the Bitcoin ETF in the United States. The analyst said: Senior Bloomberg ETF analyst Eric Balchunas wrote that the reduced volatility has helped Bitcoin “attract even bigger fish and gives it a fighting chance to be adopted as currency.” The tradeoff to this is that there will likely be no more “God Candles,” the analyst added. Read more
Bitcoin delivers a classic liquidity grab with a correction below $115,000 only to bounce back, while traders eye a BTC price showdown with new all-time highs next. Key takeaways: Bitcoin traders now turn their focus to higher levels after Friday’s $115,000 liquidity grab. Fundstrat’s Tom Lee predicts Bitcoin could hit $250,000 by year-end. Read more
A young and tech-savvy population, combating inflationary pressures, is driving Bitcoin adoption and a new financial system in Pakistan. Pakistan’s demographics position the country as a major catalyst for Bitcoin (BTC) adoption, allowing it to “leapfrog” developed nations, according to Bilal Bin Saqib, Pakistan’s state minister of crypto and blockchain. “A global policy shift has happened, not just in Pakistan, but all around the world,” Bin Saqib told Cointelegraph in an exclusive interview. The government of Pakistan moved to regulate crypto in November 2024. The country has 40 million crypto wallets and is one of the “top five” countries in terms of crypto adoption, which the minister attributed to Pakistan’s young demographic. He told Cointelegraph: Read more