118 / 238 Relevant items tagged with #Cryptocurrency
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Ethereum Challenger Monad Labs in Talks to Raise $200 Million
[Mar 13, 2024 5:30 AM] The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion…
South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion
[Mar 13, 2024 1:30 AM] The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had…
Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs
[Mar 12, 2024 11:30 PM] Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region’s position as the financial hub of Asia. Industry participants believe that launching this ahead of the U.S. will enhance…
El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates
[Mar 12, 2024 9:30 PM] President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital…
Washington Court Convicts Bitcoin Fog Founder of Aiding Darknet Drug Trade Money Laundering
[Mar 12, 2024 8:00 PM] In a recent development, the founder of “Bitcoin Fog,” a cryptocurrency-mixing service, was found guilty by a federal jury in Washington of helping to launder tens of millions of dollars from darknet markets notorious for illegal drug sales…
Robert Kiyosaki Warns Biggest Bubble in History Will Wipe Out Boomers — Advises Buying ‘Real Assets’ Like Bitcoin
Blackrock’s Spot Bitcoin ETF Holdings Near 204K BTC as Demand Soars
Coinbase Files Legal Challenge Against SEC for Crypto Regulation Clarity
[Mar 12, 2024 4:30 PM] In a significant legal confrontation, Coinbase has filed a challenge against the U.S. Securities and Exchange Commission (SEC) in the Third Circuit, contesting the SEC’s refusal to establish clear rulemaking for digital assets. San Francisco Crypto…
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
[Mar 12, 2024 3:30 PM] Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to…
London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications
[Mar 12, 2024 1:30 PM] In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial…
Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits
[Mar 12, 2024 9:05 AM] Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders…
Next Big Thing In Crypto: Analyst Spotlights Top 2 Altcoins For Web 3.0
[Mar 12, 2024 8:30 AM] Crypto analyst Michaël van de Poppe recently cast a spotlight on two altcoins poised to significantly impact the Web 3.0 ecosystem. In a detailed exposition shared on X (formerly Twitter), Van de Poppe introduced “modular blockchains”…
Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL
[Mar 12, 2024 8:00 AM] This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have…
Crypto Institutional Investors Are Frontrunning Retail As Inflows Reach Record Highs
[Mar 12, 2024 7:30 AM] Crypto investment products continue to shine in the middle of a strong bullish market sentiment. New data has shown institutional investors and traders are now going full speed on crypto investment products, allowing inflows to attain a new inflow…
Tether Launches USDT on Celo Targeting Increased Usability
[Mar 12, 2024 7:05 AM] Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on…
Tim Draper Expects Bitcoin to Transform El Salvador Into One of the Richest Countries in the World
[Mar 12, 2024 1:30 AM] Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the benefits of this decision for its people. According to Draper, bitcoin will make…
Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly
JPMorgan CEO Jamie Dimon Says He ‘Won’t Personally Ever’ Buy Bitcoin
[Mar 11, 2024 9:30 PM] The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized participant for Blackrock’s spot bitcoin…
Donald Trump Calls BTC ‘an Additional Form of Currency’ — Says ‘I Sometimes Will Let People Pay Through Bitcoin’
The Price Peak Puzzle: Unraveling The Timing Of Bitcoin Bull Market Peak
[Mar 11, 2024 7:00 PM] As Bitcoin (BTC) continues its remarkable ascent, reaching a new all-time high (ATH) of $72,300, investors wonder when the current bull market will peak. Considering historical data and the upcoming halving event scheduled for April 2024, crypto…
UK Watchdog Says It Will Not Object to Crypto ETN Listing Requests
[Mar 11, 2024 5:30 PM] The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional…
Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn
[Mar 11, 2024 4:00 PM] A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the…
Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race
[Mar 11, 2024 2:40 PM] In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten…
MicroStrategy Increases Bitcoin Bet With $822M Purchase, Adds 12,000 BTC To Treasury
[Mar 11, 2024 2:30 PM] As Bitcoin (BTC) continues its unprecedented uptrend, surging to a new all-time high (ATH) of $72,300, software company MicroStrategy remains steadfast in its vision. It is reaping substantial rewards from its strategic investment in the largest…
From RBN to FLOKI: This Week’s Crypto Winners and Losers
[Mar 11, 2024 1:30 PM] While bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy is now valued at $2.72 trillion, up 3.62% over the past…
Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly Inflows
[Mar 11, 2024 12:30 PM] In an unprecedented surge, global crypto investment products experienced a historic influx of $2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $2.7…
As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines
[Mar 11, 2024 10:32 AM] Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared…
Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise
[Mar 11, 2024 9:30 AM] Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was…