174 / 340 Relevant items tagged with #CRYPTO
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Kenya Resists US Government’s Lobbying for Worldcoin, Considers Limiting Use of Tiktok
[Mar 23, 2024 4:00 PM] The U.S. government has attempted to persuade Kenyan officials to lift the suspension of Worldcoin’s operations in the country, but these overtures have been rejected, the Kenyan Interior cabinet secretary has said. The Kenyan government is also…
FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors
[Mar 23, 2024 2:30 PM] John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring…
Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower
From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions
[Mar 23, 2024 12:00 PM] In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the…
9 New Bitcoin ETFs Accumulate $1.3B in BTC in 6 Days as Funds Near the 500,000 Milestone
[Mar 23, 2024 10:00 AM] In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new ETFs are short of 25,636.45…
NFT Sales Tumble 18.57% in 7 Days Amid Broad Crypto Market Retreat
[Mar 23, 2024 8:00 AM] This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 16.55% decline from March 9 to March 16, 2024. The last seven days have witnessed an even steeper drop, with NFT sales…
From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days
[Mar 23, 2024 6:30 AM] As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at approximately $22.2 billion. Since evolving into an…
UK Court Convicts Woman Found With More Than $4.3 Billion in BTC
[Mar 23, 2024 5:30 AM] A London resident reportedly caught with bitcoins worth over $4.3 billion has been convicted for entering into a money laundering arrangement. The woman specialized in converting digital assets into physical assets, such as multimillion-dollar…
Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines
[Mar 23, 2024 2:30 AM] Argentines are increasingly turning to online side jobs to have an additional crypto-based income. According to the local press, students who have lower incomes and are affected by the adverse conditions of the national economy, are the ones who…
UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income
[Mar 22, 2024 11:30 PM] A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and…
Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
[Mar 22, 2024 8:30 PM] Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC…
Avalanche Doubles Down on Meme Coins: Announces $1 Million Liquidity Mining Incentives Program
[Mar 22, 2024 6:30 PM] The Avalanche Foundation announced the launch of Memecoin Rush, a program designed to incentivize meme coin liquidity providers on selected platforms in the AVAX environment. The program will allocate $1 million to participants that provide…
Floki Inu Roadmap Reveals Plans For Regulated Bank Accounts, FLOKI Faces 17% Downtrend
[Mar 22, 2024 4:00 PM] The development team behind the dog-themed meme coin Floki Inu has unveiled its highly anticipated roadmap for 2024, revealing several upcoming features and utility-focused initiatives. Notable highlights include the launch of regulated digital…
SEC Chair Gensler Calls for More Regulatory Sunlight in Cryptocurrency Sector at Law Conference
[Mar 22, 2024 2:30 PM] At a recent gathering at the Columbia Law School Conference, Gary Gensler, the chair of the U.S. Securities and Exchange Commission, addressed the assembly on the topic of the digital currency landscape. His discourse highlighted the…
Bernstein Analysts Says Bitcoin Will Reach A New ATH By Year End, Here’s The Target
[Mar 22, 2024 2:00 PM] Analysts at financial services firm Bernstein are increasing their price expectations for Bitcoin. This follows a revised report in which they boosted their year-end target for the flagship crypto token’s price. Bitcoin To Hit $90,000 By The End…
FXS Price Poised For Uptrend As Frax Finance Unveils Roadmap To Reach $100B TVL
[Mar 22, 2024 1:00 PM] Frax Finance, a decentralized finance (DeFi) protocol, recently unveiled its Singularity Roadmap. It aims to propel the total value locked (TVL) of its layer 2 blockchain, Fraxtal, to $100 billion by the end of 2026. This notable surge would…
New Research Paper Sheds Light on Alleged Conflicts of Interest in FTX’s Chapter 11 Filing
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
[Mar 22, 2024 8:45 AM] As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value…
Bitcoin Technical Analysis: Oscillators Neutral, Moving Averages Split on Future Direction
[Mar 22, 2024 7:16 AM] Bitcoin’s price on March 22, 2024, exhibits a fascinating landscape of market dynamics, oscillating between gains and losses across various time frames. Amidst a backdrop of neutral oscillators and a mixed sentiment in moving averages…
Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush
[Mar 22, 2024 5:30 AM] The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate bitcoin purchases…
Stablecoins Steal The Spotlight: $150 Billion Market Cap, $122 Billion Daily Trades
[Mar 22, 2024 3:20 AM] Stablecoins have recently achieved a significant milestone, surpassing $150 billion in market capitalization, with daily trading volume reaching $122 billion. This achievement marks a notable resurgence and growth in the stablecoin sector, with…
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
BONK Bonked: Price Crashes 30% In 7 Days – More Pain Ahead?
[Mar 21, 2024 11:14 PM] The memecoin BONK has faced a significant setback as its prices plummeted by 30% in the last week, sparking discussions about the need to reassess predictions for this meme token. This decline in value has been accompanied by a drop in BONK’s…
Peter Schiff Highlights Problem With Owning Bitcoin ETF — BTC Investors Respond Self-Custody Is Key
[Mar 21, 2024 8:30 PM] Gold bug Peter Schiff has highlighted a problem with owning spot bitcoin exchange-traded funds (ETFs). However, the issue Schiff pinpointed isn’t unique to bitcoin ETFs. This discussion has reignited calls for self-custody among crypto…
Beyond Bitcoin ETFs: ‘There Are Other Players Controlling This Market’ – Says Analyst
[Mar 21, 2024 8:00 PM] Recent observations by Eric Balchunas, a senior ETF analyst at Bloomberg, suggest that the movements in Bitcoin’s price are influenced by factors beyond just the flows of spot Bitcoin Exchange Traded Funds (ETFs). According to Balchunas, who…
MakerDAO Stakeholder-Focused Updates Drive MKR Price Up By 10%
[Mar 21, 2024 7:00 PM] Blockchain protocol MakerDAO (MKR) continues to see significant gains, maintaining a strong upward trend throughout the year. MKR has seen significant growth of over 358%, accompanied by positive metrics reflecting increased adoption and usage of…
Rich Dad Poor Dad Author Robert Kiyosaki Advises Buying as Much Bitcoin as You Can Afford
[Mar 21, 2024 6:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy as many bitcoins as they can afford, noting that China is in trouble and this is not the time to buy stocks and bonds. “This is the time to buy real gold, real silver, and…