164 / 238 Relevant items tagged with #Cryptocurrency
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Grayscale Report Sheds Light on Bitcoin’s Broad Ownership and ‘Sticky Supply’ Dynamics
[Dec 1, 2023 12:30 AM] A new report from Grayscale Investments reveals that bitcoin ownership is more widely distributed than commonly believed, with 74% of addresses holding less than $350 worth. However, around 40% of bitcoin supply is concentrated among institutions…
Treasury Asks Congress for More Authorities to Go After Illicit Actors in Digital Asset Space
Blackrock Proposes ‘Revised In-Kind Model’ for Spot Bitcoin ETF to Resolve SEC’s Concerns
Microstrategy’s Bitcoin Stash Grows to 174,530 BTC With Latest Purchase
[Nov 30, 2023 7:00 PM] Microstrategy has expanded its bitcoin holdings with the acquisition of 16,130 more bitcoins. With this latest purchase, the Nasdaq-listed software intelligence firm is now hoding 174,530 bitcoins, acquired for around $5.28 billion. Since adopting…
Iris Energy Acquires 7,000 Next-Gen T21 Bitcoin Miners in Deal With Bitmain
Slumbering Bitcoin Cache Awakens After More Than a Decade, Transacting $3.77 Million
[Nov 30, 2023 3:30 PM] In September and October 2023, a surge in activity was observed as numerous dormant bitcoin wallets from 2012 reawakened, transacting millions in bitcoin after lying inactive for more than ten years. Despite this flurry of activity, there were no…
MicroStrategy Boosts Bitcoin Holdings With $590 Million Purchase, Totaling 174,530 BTC
[Nov 30, 2023 1:00 PM] In a testament to its unwavering confidence in Bitcoin (BTC), MicroStrategy, one of the largest Bitcoin holding companies, has once again expanded its cryptocurrency portfolio. The company’s former CEO, Michael Saylor, announced the…
Hacker Demands Full Control Over Kyber in Wake of $47M Breach, Offers Executives Buyout and Staff Severance
Court Approves FTX Estate’s Sale of $870M in Grayscale and Bitwise Shares Amid Surging Claim Transfers
Antpool Offers Refund for $3 Million BTC Transaction Fee, Sets Verification Deadline for Claimant
[Nov 30, 2023 8:30 AM] Following a claim from an individual asserting they had lost 139 bitcoin in a hack, where 83.65 BTC was utilized as a heightened fee to expedite its mining, Antpool has disclosed its readiness to reimburse the mistakenly paid fee. Antpool specified…
Report: Operator of South Korean Crypto Exchange Upbit Sees a Nearly 40% Drop in Operating Profit
[Nov 30, 2023 6:30 AM] Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the…
Philippines Securities Regulator Says Binance Is Operating Without a License
[Nov 30, 2023 4:30 AM] Crypto exchange Binance is not a registered corporation in the Philippines hence its activities in the country are not above board, the Asian country’s securities regulator has said. The regulator warned of a possible jail term for…
Paxos Secures In Principle Approvals for Stablecoin Issuance and Crypto Services in Abu Dhabi
[Nov 30, 2023 2:30 AM] Paxos, a provider of blockchain and tokenization infrastructure, has recently received preliminary approvals from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi. The company stated that these endorsements are crucial steps for…
Hacker Seeks Civility in $47 Million Kyberswap Heist, Demands Friendly Negotiations
[Nov 30, 2023 12:30 AM] In the wake of Kyberswap, a decentralized exchange (dex) platform, suffering a $47 million loss due to a cyberattack, the perpetrator indicated a readiness to engage in negotiations. Yet, despite expressing an openness to resolution, the hacker…
Rich Dad Poor Dad Author Robert Kiyosaki Recommends Buying Bitcoin ETFs
[Nov 29, 2023 8:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has recommended buying bitcoin exchange-traded funds (ETFs). Warning that the global economy is slowing to a possible depression and the U.S. Treasury and Federal Reserve will print trillions in “fake…
Standard Chartered Anticipates Bitcoin Reaching $100,000 Sooner Than Expected
[Nov 29, 2023 6:30 PM] Standard Chartered Bank has doubled down on its bitcoin price forecast of $100,000 next year with increased optimism on the timing. “We now expect more price upside to materialize before the halving than we previously did, specifically via…
Bitcoin Eyes New Highs As Bloomberg Analyst Reiterates 90% Chance Of January ETF Approval
[Nov 29, 2023 4:00 PM] Bitcoin (BTC), the leading cryptocurrency, is currently in an upward accumulation phase, inching closer to surpassing its current yearly high of $38,390. This upward trend is further fueled by the anticipation surrounding the approval of Bitcoin…
Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Clients
AI-Focused Cryptocurrency Sector Expands by $2 Billion in Less Than 2 Weeks
[Nov 29, 2023 9:30 AM] Recent market data reveals a significant surge in the AI-focused cryptocurrency sector, with its value ballooning by nearly $2 billion in just under two weeks. A major contributor to this growth is the token bittensor (TAO), which soared 86.5% in…
Bitcoin Technical Analysis: BTC Bulls Attempt to Break Upper Resistance
‘Stagnant’ BTC Price and Rate Hikes Drove Down Crypto Miner Canaan Inc’s Revenues in Q3
Circle Partners With SBI Holdings to Launch USDC in Japan
[Nov 29, 2023 3:00 AM] Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the…
Tron Blockchain Founder Justin Sun Rejects Reports Linking His Protocol to Terror Funding
Standard Chartered Bank Begins Offering Digital Yuan Exchange Services in China
[Nov 28, 2023 11:00 PM] Standard Chartered Bank (China) has become one of the first foreign banks to participate in China’s central bank digital currency (CBDC) pilot. The bank explained that as an international bank rooted in the Chinese market for 165 years…
Former SEC Chair Discusses ‘Appropriate Way’ to Regulate Crypto — Says Classification Issues Are ‘Overblown’
Binance Compliance Officer Under Scrutiny For FTX, Gemini, And Sex Trafficker Associations
[Nov 28, 2023 8:00 PM] In a recent investigative report by the media outlet Unlimited Hangout, serious allegations were made against Noah Perlman, the chief compliance officer of Binance. The report highlights Perlman’s alleged ties to the collapse of FTX, the…
Coinbase CEO Says Binance Settlements Allow Crypto Industry to ‘Turn the Page’
Binance CEO Richard Teng Outlines the Path Ahead; Puts Innovation, Users and Web3 at the Forefront
[Nov 28, 2023 5:30 PM] Richard Teng, the new CEO of Binance, has explained his vision for the company, outlining the challenges the exchange faces ahead and the areas on which the company will focus. In a blog post, Teng explained that innovation, users, and Web3 will be…
Bitcoin Storms Past $38,000 Once More, Anticipating Breakout To New Annual Peak
[Nov 28, 2023 5:00 PM] Bitcoin (BTC) has again demonstrated its bullish momentum by surging above the $38,000 mark. Breaking free from the recent trading range between $36,500 and $37,500, BTC currently trades at $38,100, slightly below its yearly high of $38,400…