182 / 325 Relevant items tagged with #CRYPTO
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Crypto Economy Hits $1.9 Trillion on Valentine’s Day Surge: DYM, STX, and SEI Lead Gains
[Feb 14, 2024 7:30 PM] At the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto…
Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares
[Feb 14, 2024 5:30 PM] Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to…
Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth
[Feb 14, 2024 3:30 PM] After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20%…
Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth
[Feb 14, 2024 1:30 PM] Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their…
Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source
[Feb 14, 2024 1:20 PM] An informal document shared among EU officials shows digital finance, and thereby crypto, topping a list of priorities to be discussed.
Craig Wright Cross Examination Ends as COPA Trial Closes for Day
[Feb 14, 2024 11:54 AM] Wright who has been battling it out against COPA counsel in a trial for the past couple of days is trying to prove he is Satoshi Nakamoto.
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
[Feb 14, 2024 11:30 AM] The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out…
Indonesia Picks Crypto-Friendly Team in Presidential Election
[Feb 14, 2024 9:30 AM] During the presidential campaign, vice-presidential candidate Gibran discussed crypto and blockchain as a means to expand job opportunities for the country’s younger generation.
Crypto Fear and Greed Index Touches ‘Extreme Greed’ as Bitcoin Soars, Echoing 2021’s Highs
Binance Stirs The Waters With A 200 Million XRP Transfer – What’s The Plan?
[Feb 14, 2024 8:30 AM] Cryptocurrency exchange giant Binance made a bit of a headline by transferring a substantial amount of XRP tokens—200 million to be exact. The massive amount of the transfer has made nearly everyone in the crypto community come up with guesses as…
Bitcoin Technical Analysis: BTC’s Bullish Momentum Signals Strong Market Confidence on Valentine’s Day
[Feb 14, 2024 7:03 AM] Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase…
Former Binance CEO Changpeng Zhao’s Sentencing Delayed to April 30, Court Notice Reveals
[Feb 14, 2024 6:30 AM] A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court notice did not share reasons for the delay in Zhao’s sentencing while his lawyer reportedly…
Avalanche Rumbles: AVAX Eyes To Reclaim $50 As Upgrade Fuels Optimism On Testnet
[Feb 14, 2024 5:30 AM] In the dynamic realm of cryptocurrencies, Avalanche (AVAX) is causing a stir, riding the waves of a recovery rally that commenced last month. As the broader spectrum of alternative coins experiences a resurgence, AVAX stands at the forefront, ready…
Voyager Investors Sue the NBA and New Jersey’s Oldest Law Firm
[Feb 14, 2024 5:00 AM] Investors in the bankrupt cryptocurrency exchange Voyager Digital are suing the National Basketball Association (NBA), and New Jersey’s oldest law firm, McCarter & English. This emerging legal battle illustrates how even some of the largest and…
Sushi Partners With Layer N to Launch High-Speed Derivatives Exchange
[Feb 14, 2024 3:30 AM] Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by…
Philippines to Develop Blockchainless Wholesale CBDC in Two Years
[Feb 14, 2024 2:00 AM] The Central Bank of the Philippines will develop a central bank digital currency (CBDC) in the next two years, according to Governor Eli Remolona Jr. The still unnamed CBDC will focus on the wholesale market and won’t use blockchain tech…
Are We Headed For Another $69K? Bitcoin Price Surges As Greed Dominates Crypto Market
Torrevieja to Become the First Crypto Friendly City in Spain
[Feb 14, 2024 12:30 AM] Torrevieja, a city of almost 90,000 inhabitants, aims to become one of the first crypto-friendly locations in Spain. The city, in alliance with Apymeco, its merchant association, will incentivize using cryptocurrency as a payment option and give…
Stacks (STX) Skyrockets Over 43% And Smashes $2 Threshold, Setting Sights On New All-Time Highs
[Feb 13, 2024 11:00 PM] Stacks (STX) has garnered significant attention in the cryptocurrency industry as it emerges as a leading altcoin contender. With an impressive performance surpassing all top 100 tokens, except for Dymension (DYM), Stacks has witnessed a remarkable…
Bitcoin Has Become World’s ‘Most Popular Investment Asset,’ Says Microstrategy Chairman
Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts
[Feb 13, 2024 9:00 PM] The latest US inflation data significantly impacted the Bitcoin price and most of the cryptocurrency market, with some exceptions. According to a report from the Labor Department, inflation rose more than expected in January, driven by higher…
Skybridge Founder Says It’s Not Too Late to Buy Bitcoin — Foresees ‘Face-Ripping Rally Incoming’
Behind Ethereum’s Surge: Here’s How This Whale Is Taking Advantage Of The ETH Rally
[Feb 13, 2024 7:30 PM] In recent weeks, Ethereum has witnessed a noticeable uptick in its market price, reaching a one-month high and showcasing a growing demand for the asset. Amid this development, the on-chain analytics platform Lookonchain revealed an Ethereum…
Peter Schiff Warns of Bitcoin ‘Pump and Dump’ — Expects to See a ‘Massacre’
The Tipping Point: Altcoins Bull Market Incoming, Predicts Analyst – Here’s Why
Umoja Launches Beta Hedging Service to Bolster Crypto Investment Safety
[Feb 13, 2024 5:00 PM] On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging…
Solana Surges: Open Interest Hits $1.75 Billion, Price Up 8% Today
[Feb 13, 2024 4:30 PM] Solana (SOL), a leading cryptocurrency known for its fast transaction speed, is currently experiencing a surge in investor confidence. According to recent market data, the open interest in Solana has increased by over 108%, reaching a new high of…
Billionaire Peter Thiel’s VC Firm Bought BTC and ETH Worth $200 Million in Latter Half of 2023
[Feb 13, 2024 3:30 PM] Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its…