Ordinals Market Registers Record Sale: Bitcoin Budgie Changes Hands for Over $1.1 Million in BTC
Leonidas, the pseudonymous founder of Ord.io, an ordinals explorer, has reported one of the biggest sales of inscriptions, the so-called Bitcoin native non-fungible tokens (NFTs), to date. Leonidas stated that the second inscription on the Bitcoin…
Peter Schiff Predicts Bitcoin ETF Bubble — Expects BTC to Crash When Gold Breaks Out
Gold advocate and vocal bitcoin critic Peter Schiff has warned of a bubble in bitcoin exchange-traded funds (ETFs) that will burst when gold rallies. Schiff argues that gold will “inevitably” break out, and the price of bitcoin will…
Mad Money Host Jim Cramer Expects Spot Ethereum ETF to ‘Bloom’ Soon
Jim Cramer, the host of CNBC’s Mad Money show, believes that a spot ethereum exchange-traded fund (ETF) “will soon bloom.” He cited the immense success of spot bitcoin ETFs, which set several records this week, as the reason…
Bank of America Merrill Lynch and Wells Fargo Begin Offering Spot Bitcoin ETFs to Clients, Report
Bank of America’s Merrill Lynch and Wells Fargo’s wealth management arm have reportedly begun offering some clients access to spot bitcoin exchange-traded funds (ETFs). Other investment platforms that offer some clients access to spot bitcoin…
Report: Election Concerns Halt South Korea’s Crypto and ETF Regulation Ease
South Korea has delayed its efforts to relax its crypto regulations and the prohibition on spot bitcoin exchange-traded funds (ETFs). This development follows closely behind the People Power Party’s contemplation of removing certain…
Former IMF Economist Raises Alarm on US Debt as Atlanta Fed Chief Signals Potential Rate Cuts
A leading economist has expressed deep concern over America’s soaring $34 trillion national debt, warning of no significant efforts to mitigate it. Meanwhile, Federal Reserve Bank of Atlanta President Raphael Bostic suggests a potential…
Gods Unchained Goes Mobile: Play-to-Earn NFT Game Launches on Google Play and Apple App Store
On Thursday, the creators of the Immutable X-powered non-fungible token (NFT) game Gods Unchained announced that the game is now accessible on mobile devices. The Gods Unchained application has made its debut on both the Google Play Store and…
10 Bitcoin ETFs Smash Inflow and Trading Volume Records
Ten new U.S. spot bitcoin exchange-traded funds (ETFs) have shattered both inflow and trading volume records. The 10 funds took in $673.4 million, with Blackrock’s Ishares Bitcoin Trust (IBIT) accounting for $612.1 million of the total…
The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their…
BitTorrent Chain Spotlighted in Reports by CoinMarketCap and Reflexivity Research
PRESS RELEASE. Singapore / February 29th, 2024 / – BitTorrent Chain (BTTC), a pioneering force in blockchain interoperability and scalability, has been featured in recent reports by CoinMarketCap (CMC) and Reflexivity Research, highlighting…
The crypto enterprise Coinbase, rooted in San Francisco, experienced an influx of online visits that surpassed the tenfold increase anticipated by their projections. Brian Armstrong, the CEO of Coinbase, shared updates about the heightened traffic…
Meme Token Market Rally — Dogecoin, Shiba Inu, and Bonk Record Double-Digit 24-Hour Gains
The top three meme tokens — dogecoin, shiba inu, and bonk — have captured double-digit gains over the past day, rising between 23.3% to 37.5% against the U.S. dollar. Dogecoin has risen 29.9% and nears crossing the $0.13 threshold. Dogecoin, Shiba…
From Learning Scientific Communism in the Soviet Union to Pioneering Fintech Entrepreneur – LHV Founder Rain Lõhmus
Rain Lõhmus is the founder of LHV Group, a public financial company listed on the Nasdaq Tallinn Stock Exchange in Estonia. He recently joined the Bitcoin.com News Podcast to talk about his experiences with cryptocurrency ventures as well as…
Community-Driven Ecosystem Accelerators ‘A Vital Component of Crypto Funding Mechanisms’ – Elie Le Rest
Large institutions will fully embrace decentralized finance (defi) only when they are confident that their trade counterparties will comply with sanctions and other international laws, argues Elie Le Rest, CEO of Colony Lab. However, Le Rest, also…
Crypto.com Partners BTG Pactual to Expand Latam’s Crypto Reach
Crypto.com, a Singapore-based cryptocurrency exchange, partnered with BTG Pactual, Latam’s largest investment bank, to expand the access of Latam’s traditional customers to crypto services. The team-up entails listing BTG Dol, BTG…
LBank Exchange Will List The Quantum Resistant Ledger (QRL) on March 1, 2024
PRESS RELEASE. Road Town, BVI, February 29th, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of The Quantum…
Global BTC Trading App Strike Launches ‘First Fully-Featured Region Outside the US’
The fiat and bitcoin payments app, Strike, has launched its “first fully-featured region outside the U.S.” According to Jack Mallers, the founder and CEO of Strike, the African continent presents “immense opportunities for…
A Maximum of 78 Months — Sam Bankman-Fried’s Legal Team Calls for Leniency
In a recent legal submission, Sam Bankman-Fried’s freshly appointed defense team strongly criticized the suggested century-long sentence as “grotesque.” The firm Mukasey Young is pushing for a gentler verdict for the 31-year-old creator of…
El Salvador Won’t Sell Its Bitcoin — President Bukele Says ‘at the end 1 BTC = 1 BTC’
El Salvador president, Nayib Bukele, has affirmed that his country will not sell its bitcoin, emphasizing that “At the end 1 BTC = 1 BTC (this was true when the market price was low and it’s true now).” Bukele further shared…
Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO
The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat into gold’s total addressable market “faster than…
Gemini Agrees to Over $1 Billion Restoration in Settlement With New York Regulators
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes a $37 million fine, comes…
Amidst a Surge in Spot Bitcoin ETF Reserves, Kraken Institutional Enters the Market
The crypto exchange based in San Francisco, Kraken, has unveiled its latest offering, Kraken Institutional, a digital currency suite designed expressly for high-net-worth firms and institutional investors. Deep Liquidity and Low-Latency Trading…
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency…
Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High
Bitcoin experienced a 6.8% increase on Wednesday, reaching a peak of $64,000. This upturn also propelled several other digital assets upwards, notably arweave (AR) with a 50.3% increase and aptos (APT) with a 23.5% appreciation against the U.S…
Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000
On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page indicated the platform was suffering…
Bitcoin’s Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally
On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such…
Bringing Two Worlds Together: Kinetex Announces ZK Light Client For Bitcoin
PRESS RELEASE. Kinetex is excited to introduce BTCX, a Bitcoin ZK light client built with Succinct Labs. Developed using Succinct’s plonky2x framework and deployed seamlessly through its unified proving stack, BTCX enables EVM-compatible…
Blackrock Bitcoin ETF Shatters Inflow and Volume Records — Holdings Exceed 141K BTC
Blackrock’s spot bitcoin exchange-traded fund (ETF) has had a second consecutive record-breaking day with over $1.3 billion in trading volume. The world’s largest asset manager’s Ishares Bitcoin Trust (IBIT) also saw a record net…
Hot Airdrop: Social-Fi Project CharityDAO About to Launch Airdrop Event
PRESS RELEASE. According to community volunteers, CharityDAO will launch a large-scale airdrop event on February 29th. It is estimated that 76 million CHD tokens will be distributed to participating users. The current method of interaction is not…
Bitcoin Breaks $60K Barrier — On the Verge of Outranking Meta by Market Value
Bitcoin broke through the critical $60,000 barrier at 8:30 a.m. Eastern Time on Wednesday, reaching a level last seen in November 2021. The leading cryptocurrency’s market value is on the brink of overtaking Meta, positioning it as the ninth…
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