Harvard Economist Admits $100 BTC Prediction Fail, Blames Regulation and Underground Economy
Harvard economist Kenneth Rogoff has admitted that his infamous 2018 prediction, that Bitcoin (BTC) was more likely to be worth $100 than $100,000 in ten years, was spectacularly wrong. Writing on X, Rogoff acknowledged that he underestimated the OG cryptocurrency’s resilience, citing “sensible regulation never arriving,” its role in...
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Interpol Arrests 1,209 Involved In Illegal Crypto Mining And Investment Scams
The International Criminal Police Organization (Interpol) has successfully conducted a continent-wide cybercrime crackdown in Africa, targeted against illegal cryptocurrency mining operations, inheritance scams, and fraudulent investments. Coordinated under the code name Serengeti 2.0, the three-month operation ran from June to August 2025, leading to more than 1,200 arrests and...
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Hyperliquid grabs 80% of perp DEX market in just one year, analysts say
Hyperliquid Grabs 80% of Perp DEX Market in One Year...
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XRP Surges 9% Before Pullback Caps Rally Near $3
News Background XRP advanced sharply during the August 22–23 session, testing multi-month resistance near $3.10 after weeks of sideways trading. The move coincided with dovish commentary from Federal Reserve Chair Jerome Powell at Jackson Hole, which reinforced expectations of a September rate cut and lifted risk sentiment across digital...
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Morpho price set for a 60% jump as top metrics hit record highs
Morpho price continued its strong rally this week, hitting its highest level since February amid robust demand for its lending solutions. Morpho (MORPHO) token jumped to a high of $2.8567, up by over 245% from its lowest level in March.…...
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Spot XRP ETF Coming Soon? Asset Managers Submit Amended S-1 Filings
According to the latest report, a group of asset management firms submitted S-1 amendments for a spot XRP ETF (exchange-traded fund) in the United States. These movements reflect the ramped-up interest of these institutions to get the approval of the US Securities and Exchange Commission (SEC) to offer this...
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IRS’s top crypto executive Trish Turner resigns after brief tenure
Trish Turner has stepped down from her position leading the Internal Revenue Service’s crypto division. This is after approximately three months in the role. The departure is another leadership change for the agency’s cryptocurrency unit. The agency has also experienced…...
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AAVE Leads Top 40 Cryptocurrencies With 19% Surge in One Day — Here’s What’s Driving It
AAVE surged nearly 19% to $355 over the past 24 hours, according to CoinDesk Data, leading the top 40 cryptocurrencies by percentage daily gain as investors responded to its recent Aptos expansion and Federal Reserve Chair Jerome Powell’s dovish remarks. What Aave is and why it matters Aave is...
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State of Crypto: Crypto Takes Jackson Hole
Policymakers of various stripes spoke at the SALT Wyoming conference this week in Jackson Hole, Wyoming. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Congress is still on vacation, but policymakers...
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Bitcoin Liquid Staking Gains Momentum as Lombard Launches BARD Token and Foundation
For most of its history, bitcoin has been prized as digital gold: an asset to hold rather than use. That passivity has left trillions of dollars’ worth of BTC sitting idle in wallets, disconnected from the yield strategies and composability that define decentralized finance (DeFi). The rise of liquid...
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