Argentinians Buy Bitcoin to Combat Inflation, Pass Friendly Legislation
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…
Bitcoin Held On Coinbase Exchange Reach 9-Year Low, Can Bitcoin Reach $75,000?
In a recent development, data from crypto analytics firm Glassnode shows that the amount of Bitcoin held on Coinbase has reached a 9-year low. This has raised the possibility of the flagship crypto rising to a new all-time high (ATH) of $75,000…
Super Testnet Introduces Hedgehog: A Protocol For Asynchronous Layer 2 Bitcoin Payments
Today, a freelance developer focused on Bitcoin and the Lightning Network, Super Testnet, unveiled his latest invention, Hedgehog, a protocol for asynchronous layer two bitcoin payments."This is a protocol similar to the Lightning Network," Super…
The blockchain truly is a marvelous piece of technology. A mechanism to timestamp the order of digital information without needing to depend on a centralized operator. A decentralized mechanism with no one in charge, that provides undeniably…
Beba and Defi Education Fund Sue the SEC Over Its Airdrop Policies
Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an…
CreataChain Signs MOU With Al Reem FZCO to Develop RWA Marketplace
In a significant move towards revolutionizing asset trading, Dubai-based CreataChain DMCC and Al Reem FZCO have signed a Memorandum of Understanding (MOU) to formalize their partnership. The collaboration aims to leverage blockchain technology to…
Bitcoin Sentiment Returns To Extreme Greed As BTC Breaks $71,000
Data shows the Bitcoin market sentiment has returned to the extreme greed territory as BTC has registered its rally beyond the $71,000 level. Bitcoin Fear & Greed Index Now Points To “Extreme Greed” The “Fear & Greed…
The new insurance product will support organizations with digital assets held offline in cold storage, as well other custody solutions such as Multi-Party Computation (MPC).
Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg
Hong Kong’s financial regulator, the Hong Kong's Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year, according to a report from Bloomberg…
Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations
The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws. Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering…
Ripple CEO Responds To SEC’s Shocking $2 Billion Demand
In a rather shocking development, the United States Securities and Exchange Commission (SEC) has demanded a $2 billion sanction against Ripple. Responding to the startling demands, Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse has taken…
Layer-1 Blockchain WAX Signs Deal With Amazon Web Services
Layer-1 blockchain Worldwide Asset Exchange (WAX) signed a deal to use Amazon Web Services (AWS) and integrate the WAX network into the Amazon Managed Blockchain (AMB) service.
Bitdeer to Boost BTC Mining Capacity With Proprietary Sealminer A1 Rigs, Eyeing 46 EH/S Milestone by 2025
The Nasdaq-traded company specializing in bitcoin mining, Bitdeer, has unveiled its strategy to boost its overall hashrate by an additional 3.4 exahash per second (EH/s) through the deployment of its proprietary Sealminer A1 mining devices. These…
Tether to Establish AI Unit, Starts Recruitment Drive
The unit will focus on the development of open-source AI models and collaborate with other firms to integrate the models into products that could address real-world challenges.
Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges
U.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and…
Chainlink Facing Strong Rejection From Profit-Taking, Will CCIP Recharge Demand?
One analyst on X notes that Chainlink is facing a tug-of-war between bullish momentum and strong upside resistance from profit-taking traders. For bulls to add to their longs and extend the uptrend, the existing oversupply must be moped, paving the…
Analyst Warns Of Bitcoin Pre-Halving Retrace Echoing Troubling 2020 Trend
Rekt Capital, a cryptocurrency expert and enthusiast, has identified a similar pattern between the recent Bitcoin pre-halving retrace and the one that took place in 2020 before the crypto asset witnessed an upsurge to its previous all-time high…
Introduction Names can be both liberating and confining. When mankind gives something a name, we mark it with a label that helps us discuss our shared environment and experience. At the same time, a label can obscure something in preconceived…
Marathon Introduces Custom Firmware and Control Board for Enhanced Bitcoin Mining Operations
This week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance the efficiency of bitcoin mining rigs. Marathon revealed it has been developing this technology for about a year…
UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.
First Mover Americas: Bitcoin ETNs to Debut on London Stock Exchange
The latest price moves in bitcoin (BTC) and crypto markets in context for March 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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