134 / 255 Relevant items tagged with #Cryptocurrency
Posts: 7,636
Posts
‘Wolf of All Streets’ Expects Mainstream Crypto FOMO to Return When DOGE Hits New All-Time High
[Mar 14, 2024 7:30 PM] Scott Melker, also known as the “Wolf of All Streets,” has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the mainstream fervor in the last…
Crypto Market’s ‘Monster Cycle’: $7.5 Trillion Market Value By 2025, Bitcoin Targets $150,000
[Mar 14, 2024 5:30 PM] In a recent Bloomberg report, it has been revealed that the market value of crypto assets is expected to witness a remarkable surge, nearly tripling to $7.5 trillion by 2025. Wall Street Firm Predicts “Monster Of A Crypto Cycle” The next few…
Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet
[Mar 14, 2024 5:10 PM] Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of…
Speculation Rises on Whether Bitcoin’s Halving Is Reflected in Current Prices
[Mar 14, 2024 4:10 PM] Bitcoin has witnessed new highs in its price lately, with the premier cryptocurrency experiencing an over 60% increase since the beginning of the year. Meanwhile, the crypto community is abuzz with debates on whether the impending halving event is…
Bitcoin Brushes $73,794 Peak Before Midday Price Fluctuations
[Mar 14, 2024 1:30 PM] The price of bitcoin had a tumultuous day on Thursday dropping below the $70,000 threshold at 12:30 p.m. Eastern Time only to return back above the $70,000 range shortly after. Bitcoin had tapped an all-time price high during the early morning…
Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins
Classic Minerals And AuResources Drive Blockchain-Backed Funding For Gold Mining Ventures
[Mar 14, 2024 9:00 AM] Classic Minerals Limited, an Australian gold exploration company, and AuResources AG, a Swiss fintech startup, have begun a $60 million funding initiative to leverage blockchain technology to boost the gold mining and fintech sectors. The…
Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton Network
[Mar 14, 2024 8:30 AM] Goldman Sachs, the CBOE, Standard Chartered, and other financial institutions participated in the pilot of the Canton Network, a protocol aiming to achieve interoperability in apps using resources from various blockchains. Digital Asset, the…
Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings
[Mar 14, 2024 7:05 AM] On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked…
Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs
[Mar 14, 2024 5:30 AM] Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened…
Peter Schiff Downplays Importance of Bitcoin Halving — Discusses ‘What Matters Most’ for BTC Price
[Mar 13, 2024 11:30 PM] Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what matters the most is “how much of the…
New York Judge Determines SEC’s Case Against Gemini and Genesis Is Plausible for Alleged Securities Law Violations
Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin
[Mar 13, 2024 7:30 PM] Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The…
‘Dencun’ Upgrade Officially Deployed On Ethereum Mainnet, ETH Price Holds Steady Below $4,000
[Mar 13, 2024 7:00 PM] Ethereum (ETH) has completed a major software upgrade, Dencun, that promises to make utilizing the network ecosystem more cost-effective. This update specifically targets Layer 2 (L2) networks, such as Arbitrum (ARB), Polygon (MATIC), and…
Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days
[Mar 13, 2024 5:30 PM] Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have…
Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House
[Mar 13, 2024 3:30 PM] On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing…
Toncoin (TON) Hits New Yearly Peaks, Surging 60% On Buzz Surrounding Potential Telegram IPO
[Mar 13, 2024 3:00 PM] Toncoin (TON) has experienced a notable uptrend in recent weeks, driven by significant news and announcements surrounding the popular social media platform Telegram, the latest being a potential initial public offering (IPO). Telegram User Base…
Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability
[Mar 13, 2024 11:10 AM] The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap Forward with Dencun Upgrade Expected to drastically…
Blast Network Temporarily Halts Amid Dencun Upgrade; Fix Deployed
[Mar 13, 2024 9:39 AM] Blast, a new Ethereum layer two (L2) scaling solution, paused its block production due to issues arising from the recent Dencun upgrade on the Ethereum mainnet, with its team diligently seeking a fix. Since launching its mainnet on Feb. 29, 2024…
Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike
[Mar 13, 2024 9:00 AM] Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any…
Bitcoin Technical Analysis: BTC Crosses $73K; Bulls Eye $75K as Next Major Goal
[Mar 13, 2024 6:04 AM] On March 13, 2024, bitcoin achieved a new peak in its market value, reaching an unprecedented high of $73,679. In the past 24 hours, bitcoin not only increased by 1.8% but also showed notable gains over the week (10.7%) and the last two weeks…
Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments
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…