57 / 238 Relevant items tagged with #Cryptocurrency
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Metaplanet Announces Bitcoin Purchases Totaling Nearly $2.5 Million
[Jul 8, 2024 12:40 PM] Metaplanet, a Tokyo-listed public company, has disclosed it has completed bitcoin purchases amounting to 400 million yen (almost $2.5 million). The company, which vowed to use bitcoin as a strategic reserve asset to navigate the uncertainties of…
Grayscale’s Ethereum Trust Returns to Discount as Spot Ether ETF Listings Loom
[Jul 8, 2024 11:35 AM] Based on recent data, Grayscale’s Ethereum Trust (ETHE) has returned to trading at a discount to its net asset value (NAV) after experiencing a premium briefly on July 3. Grayscale Ethereum Trust: From Premium to Discount in 2 Days The…
$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024
[Jul 8, 2024 10:35 AM] At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting…
Bukele Calls for Speculators to Stop Gouging Prices in El Salvador, Issues Ultimatum
[Jul 8, 2024 10:09 AM] Nayib Bukele, president of El Salvador, has issued an ultimatum for importers and food wholesalers to lower the prices of groceries and other articles, threatening to apply the same tactics he used against gangs with them. Bukele, who pushed the…
Ethereum Technical Analysis: ETH Clings to $3,000 Threshold Post-Rebound
[Jul 8, 2024 7:25 AM] Ethereum (ETH) has experienced notable price movements recently, currently trading at $3,037. The intraday range has fluctuated between $2,803 and $3,096, with a market capitalization standing at $364 billion. Ethereum The 1-hour ETH/USD chart…
Bitcoin Technical Analysis: BTC Prices Rebound Following $53,550 Low
German Government Moves 1,205 Bitcoin Amid Price Fluctuations
[Jul 8, 2024 5:40 AM] According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds were distributed to multiple addresses, including Coinbase and Bitstamp. Germany Divests Another $68 Million in…
Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina
[Jul 8, 2024 5:20 AM] The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such as Argentina and Brazil. A joint venture between Argentine and…
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
[Jul 7, 2024 10:32 PM] Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a…
Latam Insights Encore: Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
[Jul 7, 2024 9:12 PM] Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war that Paraguay is waging on illegal (and now legal)…
Unveiling Moving Averages: Essential Tools for Bitcoin Trading
[Jul 7, 2024 8:10 PM] Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history…
South Korea Launches Continuous Monitoring for Crypto Transactions
[Jul 7, 2024 7:36 PM] South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset exchanges, this system aligns with the…
Germany’s Bitcoin Wallet Dips Below 40,000 BTC After Weekend Transfer
[Jul 7, 2024 2:22 PM] Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to 39,826 BTC. Meanwhile, bitcoin has declined 1.7% against the U.S. dollar over the past 24 hours, hovering just above the $57,000 mark. Germany…
First Digital Debt Offering Fails to Get Traction in El Salvador
[Jul 7, 2024 1:28 PM] The first digital debt offering registered in El Salvador has reportedly failed to gather the necessary interest to continue. The issuance, intermediated by Bitfinex Securities to build a Hilton hotel at El Salvador International Airport, raised…
Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC
[Jul 7, 2024 9:34 AM] Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the…
July Slump for Bitcoin: What Historical Trends Reveal About Upcoming Months
[Jul 7, 2024 8:22 AM] Over the past 11 years, dating back to 2013, bitcoin has typically experienced positive performance in July, with five of those months seeing gains exceeding 16%. This year, however, July is shaping up to be negative. Historical data for August and…
Justin Sun Developing Gasless Transaction Stablecoin Solution for Tron and EVM Chains
[Jul 7, 2024 3:24 AM] Justin Sun, founder of Tron, a smart contracts-enabled blockchain, has announced that his team is developing a gas-free transaction solution for stablecoins. This means that stablecoin movement fees will be free for the users, with issuers having…
Solana has impacted Africa’s crypto market maturity — Exchange exec
[Jul 7, 2024 1:45 AM] Adopting any technology is based on the strength of its community and Solana has proven that with its African community.
Robinhood Moves Forward With Acquisition of Bitstamp
[Jul 6, 2024 9:32 PM] Robinhood Markets Inc. is moving forward with its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. As part of this process, Robinhood Crypto LLC has submitted a change of control application to the New York Department of Financial…
North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
Robert Kiyosaki Predicts $10 Million Bitcoin and $15,000 Gold After Major Market Crash
[Jul 6, 2024 5:17 PM] Rich Dad Poor Dad author Robert Kiyosaki predicts an imminent economic crash followed by a significant bull market where bitcoin could easily reach $10 million per coin, gold could reach $15,000 an ounce, and silver possibly $110 an ounce. Kiyosaki…
Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year
Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
[Jul 6, 2024 2:30 PM] As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull…
Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap – Here’s When
[Jul 6, 2024 11:00 AM] Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision Group, has predicted that the global crypto market will reach a market capitalization of $100 trillion. The financial expert has maintained a strong bullish position for the…
UK High Court Grants Worldwide Freezing Order Against Craig Wright
[Jul 6, 2024 9:25 AM] The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately $1.98 million). This decision stems from Peter McCormack’s application, which argued for the necessity of the WFO…
Sleeping Bitcoin Wallet Transfers 1,000 BTC Worth Over $56M After a Decade
[Jul 6, 2024 8:23 AM] On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $56,500 per unit, a dormant wallet, created on Nov. 24, 2013, transferred over 1,000 BTC, valued at $56.5 million, at block height 850,855. Long-Inactive Bitcoin…
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
Nigerian central bank alleges unauthorized transactions by Binance
[Jul 6, 2024 4:51 AM] Binance’s alleged illegal operations were highlighted in court on July 5, with a central bank official testifying on the lack of necessary licenses and regulatory approval.
Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card
[Jul 6, 2024 12:30 AM] Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users to make payments using their crypto or…