2 / 3 Relevant items tagged with #CryptoAsset
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Bitcoin Bulls On The Charge: Crypto Platform Forecasts $63K Surge By March
[Feb 23 5:00 PM] Prominent digital asset financial services platform Matrixport has recently issued a bullish projection indicating a potential surge in Bitcoin’s (BTC) value. According to their analysis, Bitcoin may surpass its previously established…
Denver Pastor Accused of Misappropriating $1.3 Million Raised via a Crypto Token Sale
[Jan 23 6:30 AM] The Colorado Securities regulator has accused the pastor of an online-only church of illegally pocketing $1.3 million which was raised via the sale of a cryptocurrency he created. A judge in Colorado has since ordered the closure of the pastor and…
XRP On The Brink: Urgent Call For Bulls As Analysts Predict Dire Correction Ahead
[Jan 19 6:30 PM] XRP is currently at a critical juncture, as crypto analyst CoinsKid has pointed out. The analyst has raised concerns about the altcoin’s immediate future and emphasizes the urgent need for bullish momentum to prevent a significant downturn…
Matrixport Report Says SEC Unlikely to Approve Spot Bitcoin ETFs in January, Price to Drop Below $40,000
[Jan 3 1:30 PM] The crypto financial services platform Matrixport has said it does not see the U.S. Securities and Exchange Commission approving any spot bitcoin exchange-traded fund in January. In its latest report, the crypto platform said it foresees the price…
Zooko Wilcox Ends Eight-Year Association With Company Behind Privacy Coin Zcash
[Dec 19, 2023 9:30 PM] Zooko Wilcox, the CEO of Electric Coin Co., revealed on Dec. 18 that he is ending his eight-year association with the entity which is behind the privacy coin zcash. Despite leaving his role as the company’s top executive, Wilcox said he…
Tether Strikes Gold In Bitcoin: Profits Soar Above $1 Billion Amid Bull Market
[Dec 5, 2023 1:00 PM] Tether, known for its USDT stablecoin, has recently made headlines with its Bitcoin holdings soaring in value, generating a profit exceeding $1 billion. Notably, this significant financial gain can be attributed to the stablecoin issuer’s…
Here Are Four Crypto Assets Poised For A Major Price Explosion – Analyst
[Dec 3, 2023 2:49 AM] The general crypto market has recorded a slight boost in the last week as market leader Bitcoin surged by 4.44% to trade above the $39,000 price mark. As bullish sentiments continue to rise, popular crypto analyst Austin Arnold has now highlighted…
Dr. Doom Embraces What He Once Scorned: Nouriel Roubini’s Firm Rolls Out Crypto Amidst Criticism
[Nov 8, 2023 6:30 PM] Critics are currently roasting economist Nouriel Roubini, whose disdain for cryptocurrency is well-documented, as his company Atlas Capital announces its venture into the very market he once scorned. The firm is rolling out a crypto asset token…
Pennsylvania State House Committee Passes Bill on ‘Reporting Requirements’ for Crypto Miners
UK Regulator: Crypto Asset Businesses Expected to Comply with the Travel Rule Starting in September
ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
[Jul 21, 2023 5:30 PM] Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain…
US Judge Rules XRP ‘Not Necessarily a Security on Its Face,’ Sending XRP Supporters Into Celebration
Litecoin Surges in Value Amidst EDX Listing and Imminent Reward Halving, Enters Top Ten Rankings
[Jul 3, 2023 8:30 AM] During the past fortnight, the crypto asset litecoin (LTC) has surged over 40% against the U.S. dollar after the crypto exchange EDX announced the listing of LTC alongside three other prominent digital currencies. Additionally, Litecoin is on the…
New Zealand Is Not Exploring Crypto Regulation, but Recommends Increased Vigilance
[Jun 30, 2023 4:53 AM] After receiving 50 submissions as part of a consultation process, the Reserve Bank of New Zealand (RBNZ) has said it won't propose a regulatory approach towards stablecoins and crypto-assets.
Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin
[May 12, 2023 2:30 AM] A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000…
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
[May 5, 2023 7:30 AM] A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing…
Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case
[Apr 14, 2023 12:00 PM] Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy…
Mike Novogratz Laments US Government’s Penchant for Discussing Crypto While Saying ‘Nothing About AI Regulation’
[Mar 31, 2023 1:00 AM] Galaxy Digital Holdings chief executive Mike Novogratz has said he finds it shocking that U.S. authorities are interested in talking about the regulation of crypto, but have said nothing about artificial intelligence (AI) regulation. Novogratz…
Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation
[Mar 20, 2023 1:30 PM] With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the…
Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa
[Mar 15, 2023 1:30 PM] After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto…
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’
[Mar 11, 2023 6:00 PM] On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the…
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
Bitcoin Births Another Set Of Millionaires As BTC Nears $24,000
[Mar 1, 2023 10:30 AM] It’s no news Bitcoin has since been a millionaire-maker ever since its massive surge from its all-time low of trading below a dollar back in the day. And now, once again, data from on-chain analytics firm Glassnode shows the largest cryptocurrency…
Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder
[Feb 26, 2023 11:30 AM] On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid…
TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting
[Feb 22, 2023 11:30 PM] On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over…
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower
[Feb 21, 2023 3:30 PM] Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from…
Russia’s Yandex Search Engine Adds Cryptocurrencies to Its Converter
[Feb 20, 2023 3:30 AM] Yandex, the largest Russian search engine, has updated its currency converter, adding cryptocurrencies. The widget now shows the rates of these coins in a number of fiat currencies, with plans to introduce crypto-to-crypto pairs in the future as…
Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets
[Jan 26, 2023 9:08 PM] Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius' crypto assets.
Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020
[Jan 22, 2023 5:00 PM] After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the…