Protocol Village: Gnosis DAO Spins off Karpatkey
[Jun 4 4:29 PM] The latest in blockchain tech upgrades, funding announcements and deals. For the week of June 2, 2024.
128 / 390 Relevant items tagged with #BITCOIN
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Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K
[Jun 4 2:48 PM] Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.
FTX Reaches Settlement With IRS on $24 Billion Tax Claim
[Jun 4 2:40 PM] Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax…
Ethereum (ETH) Set For ‘Glorious Year,’ Analyst Eyes $10,000 Target
[Jun 4 2:30 PM] Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the token’s price from the $3,000 price range to the $3,900 mark. After the…
Edward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’
[Jun 4 1:05 PM] On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway. Berkshire shares plummeted 99.7%, while Chipotle’s stock fell 66%. In response to the…
Crypto Pundit Shares “Inevitable” Prices For Bitcoin And 5 Altcoins
[Jun 4 1:00 PM] With the crypto market expected to enter a bull run later this year, and Bitcoin, alongside altcoins, are already expected to be responding to it. As crypto investors eagerly await this bull run, a crypto analyst has revealed where they expect the…
Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031
[Jun 4 12:00 PM] The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s…
Bitcoin Ready To Takeoff? Analyst Eyes $85,000 as Fundamentals Align
[Jun 4 11:30 AM] Bitcoin prices are hovering near $70,000, bouncing from a critical dynamic support line, evident in the daily chart. Even though bulls have yet to breach $72,000 and break above March 2024 highs, traders are optimistic about what lies ahead…
You May Not Like It, but Casey Rodarmor Proves Bitcoin Is Permissionless
[Jun 4 10:40 AM] The creator of the Ordinals and Runes protocols discussed his motivations on stage at Consensus 2024.
Bitcoin Not ‘Overvalued’ Yet, Says CryptoQuant CEO: Here’s Why
Bitcoin-Based Meme Coin DOG Rockets Toward $1B Market Cap
[Jun 4 8:51 AM] A meme coin issued on Bitcoin's Runes protocol is nearing a $1 billion market cap following a 200% surge over the past 30 days.
Warren Buffett’s Berkshire Hathaway did crash 99%... against Bitcoin since 2015
[Jun 4 8:37 AM] Allocating just 1% of Berkshire Hathaway’s portfolio to Bitcoin could have boosted Warren Buffett’s profits by over 25%.
Bitcoin Gets Massive $500,000 Price Tag From Billionaire, Here’s Why
[Jun 4 8:30 AM] Venture capitalist and billionaire investor, Chamath Palihapitiya has predicted that Bitcoin could witness an unprecedented price increase to $500,000. This ambitious forecast hinges on the potential for a bull run following Bitcoin’s fourth…
Deutsche Bank and Bitpanda Collaborate Amid Crypto Banking Challenges
[Jun 4 8:05 AM] Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023…
Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave
[Jun 4 7:29 AM] Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg.
Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor
[Jun 4 7:00 AM]
Bitcoin dormant for 5 years or more awakens in new ‘distribution’
[Jun 4 6:54 AM] Bitcoin long-term holder “inactivity” is being slowly challenged as BTC emerges from hibernation, in some cases lasting over a decade.
First Mover Americas: Bitcoin Drops From $70K as Bullish Signal Strengthens
[Jun 4 6:10 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin NFTs hit $4B in all-time sales volume
[Jun 4 4:11 AM] Bitcoin holds the top four spot in all-time NFT sales volume, following Ethereum, Solana and Ronin.
Best Long-Term Bitcoin Buy Signal Flashes, Hedge Fund CEO Warns
Bitcoin hash ribbons flash the first buy signal since $25K BTC price
[Jun 4 2:41 AM] BTC price is “going a lot higher,” says Capriole Investments, and hodlers may not need to wait for Summer to be over for sky-high BTC price gains.
Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment
[Jun 4 12:27 AM] On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset.
Woman Pleads Guilty to Using Bitcoin for Dark Web Hitman
[Jun 3 10:16 PM] In Salt Lake City, Krista Renae Stone, 23, pleaded guilty to using the dark web to arrange a murder-for-hire in 2023. According to court documents, Stone utilized bitcoin to pay $5,000 for the hit. Between March and September 2023, she accessed a…
Rising Tide: Crypto Investment Products See $185M Inflows, May Sets New Record At $2 Billion
[Jun 3 9:30 PM] The crypto market is showing signs of a bullish resurgence, with reports of an impressive $2 billion in inflows for May alone. Alongside this positive trend, Ethereum (ETH) has seen a notable turnaround in investor sentiment as the long-awaited…
Dubai Financial Services Authority Updates Regulatory Framework for Crypto Tokens
[Jun 3 8:41 PM] The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a special economic zone. The…
Bitcoin Price Gains Momentum: Bullish Surge Ahead?
[Jun 3 8:08 PM] Bitcoin price found support at $67,000 and started a fresh increase. BTC climbed above $69,500 and might continue to rise in the near term. Bitcoin started a decent increase above the $68,500 and $69,500 resistance levels. The price is trading…
Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations
[Jun 3 6:31 PM] Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict…
The Half-Million Dollar Bitcoin: Predictions Point To Monumental Price Surge In 18 Months
[Jun 3 6:30 PM] Bitcoin (BTC), the largest cryptocurrency in the market, recently touched the crucial $70,000 level, proving to be a significant hurdle for its price consolidation in recent months. Despite surpassing its previous high and reaching a record…
Bitcoin Has Solid On-Chain Cushion Below $68,900: Stage Set For Fresh Rally?
[Jun 3 5:00 PM] On-chain data shows Bitcoin could have significant support between $66,900 and $68,900, which may help provide solid ground for a fresh surge to higher levels. A Large Amount Of Investors Bought Their Bitcoin Between $66,900 & $68,900 According…
Liquidators of South African BTC Scam Allocate Nearly 40% of Recovered Funds to Legal Fees and Taxes
[Jun 3 4:41 PM] Out of the approximately $60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $34.3 million remains. Court documents reportedly state that…