175 / 255 Relevant items tagged with #Cryptocurrency
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Skybridge Founder Sees Bitcoin as Multi-Trillion-Dollar Asset — Confident Jamie Dimon Will Change His Tune About BTC
[Dec 12, 2023 6:30 PM] Skybridge Capital founder Anthony Scaramucci has predicted a multi-trillion-dollar future for bitcoin, independent of the U.S. Securities and Exchange Commission (SEC)’s spot bitcoin exchange-traded fund (ETF) decision. He also urged Senator…
US Presidential Candidates Tackle Crypto Issues at Groundbreaking Forum
[Dec 12, 2023 3:30 PM] Highlighting the increasing significance of digital assets in American politics, several presidential candidates from the Republican and Democratic parties came together at the Crypto Presidential Forum to discuss their visions for the future of…
New York AG Secures $22 Million Settlement From Kucoin for Unregistered Trading Activities
[Dec 12, 2023 2:00 PM] In a recent legal development, New York Attorney General Letitia James has successfully obtained over $22 million from Kucoin, a well known crypto trading platform. This settlement arises from Kucoin’s alleged failure to register as a…
Bitcoin’s Difficulty Drops for First Time Since September
[Dec 12, 2023 10:30 AM] The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes…
Bit Origin Secures $6.74 Million for New Bitcoin Mining Facility in Wyoming
[Dec 12, 2023 8:30 AM] Bitcoin mining firm Bit Origin has announced that the company has secured a $6.74 million investment to build a new mining facility in Cheyenne, Wyoming. The data center will be a new 25-megawatt (MW) site that aims to accommodate between 4,480 to…
City of Basel Settles Tokenized Bonds Using Wholesale CBDC
[Dec 12, 2023 3:30 AM] The Swiss city of Basel recently settled a series of tokenized bonds using a wholesale central bank digital currency (WCBDC) as part of Helvetia III, a WCBDC pilot program. The system is designed to prioritize efficiency, as having on-chain funds…
Jailed Mastermind of South African Bitcoin Scam Reportedly Getting Preferential Treatment in Brazilian Prison
[Dec 12, 2023 2:00 AM] Johann Steynberg, the imprisoned CEO of Mirror Trading International, a South African Bitcoin scam entity, is allegedly receiving preferential treatment in a Brazilian prison. The General Directorate of Penitentiary Administration (DGAP) has…
Horizen Labs, Offchain Labs, and the Arbitrum Foundation Propose Apechain Powered by Arbitrum
[Dec 12, 2023 12:30 AM] A collaboration between Horizen Labs, Offchain Labs, and the Arbitrum Foundation aims to bolster the apecoin (APE) ecosystem through the development of a dedicated blockchain, Apechain. Envisioned to leverage Arbitrum technology and governed by…
Palau Declares First Phase of Stablecoin Pilot a Success
[Dec 11, 2023 11:00 PM] The Republic of Palau has stated that the first phase of its limited stablecoin pilot was a success in a recently released report. The document also indicates that future phases of the project will focus on extending the reach of the stablecoin…
Former SEC Official Warns of the End of Binance — ‘It’s Only a Matter of Time Before Entire Binance Plea Deal Collapses’
Lawyer Says Senator Elizabeth Warren Conspires With SEC Chair Gary Gensler, Violating Her Oath
[Dec 11, 2023 6:30 PM] Lawyer John Deaton claimed U.S. Senator Elizabeth Warren has violated her oath as a member of the Senate Banking Committee. Deaton alleges that Warren, tasked with overseeing the U.S. Securities and Exchange Commission (SEC)…
Crypto Sentiment Index Stays Bullish Despite Corrections, Report Reveals Positive Outlook
Crypto’s Gainers and Losers: BTT and BONK Spike Amidst Overall Downturn
[Dec 11, 2023 1:30 PM] Over the past day, a considerable number of crypto assets have experienced a decline. However, looking at the seven-day performance, several of them have maintained a substantial increase. For example, bittorrent (BTT) has seen a significant surge…
Bitcoin $42,000 Support Under Pressure As Short Position Inflows Soar
[Dec 11, 2023 10:30 AM] Bitcoin (BTC) recently experienced a sharp decline, tumbling towards $40,000 amid a broader sell-off across the cryptocurrency market. While the most significant token managed to recover some losses, currently trading 4% lower at $42,000, concerns…
Bitcoin’s Recent Surge on Exchanges: Binance and Bitfinex Lead With $871M Inflow
[Dec 11, 2023 9:30 AM] On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at…
Ethereum Technical Analysis: ETH Exhibits Mixed Signals; Resilience Amidst Bearish Trends
Immutable expands Web3 gaming payment options with Transak integration
[Dec 11, 2023 8:00 AM] Immutable deploys Transak’s functionality into its zkEVM gaming development infrastructure, powering in-game cryptocurrency and fiat payment methods.
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
[Dec 11, 2023 7:43 AM] On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec…
Google Says It Has Updated Policy Relating Crypto Coin Trusts Adverts
[Dec 11, 2023 6:30 AM] Starting on Jan. 29, advertisers of cryptocurrency coin trusts targeting the U.S. market will have to meet certain requirements before promoting these on Google. According to the internet giant, violation of this new policy will not result in the…
Is the Bitcoin price dip toward $40K a bear trap?
[Dec 11, 2023 6:26 AM] Bitcoin’s sharp price drop from $44,000 has all the makings of a buy-the-dip scenario after leveraged longs get flushed out.
Bank of Russia States Digital Ruble Pilot Will Continue Until the End of 2024
[Dec 11, 2023 3:30 AM] The Bank of Russia has offered an update on the future of the digital ruble pilot, the Russian central bank digital currency (CBDC). The bank’s press service clarified that the pilot will continue throughout 2024 and until the massification…
Vivek Ramaswamy Blasts SEC Chair Gary Gensler: ‘Regulations Need to Catch Up’
[Dec 11, 2023 2:00 AM] Presidential candidate Vivek Ramaswamy heavily criticized the lack of action of the U.S. Securities and Exchange Commission (SEC) and its chair, Gary Gensler, on the fraud cases in the crypto industry. Ramaswamy stated that regulations needed to…
Latam Insights: El Salvador’s Bitcoin Portfolio Goes Black, Brazil Brings Digital Currency Talk to G20
[Dec 11, 2023 12:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The portfolio of bitcoin investments of the Salvadoran government went into black numbers, Brazil will…
Stablecoin Supply Turning Positive and Rising Protocol Fees Among Key Narratives in 2023 — Study
[Dec 10, 2023 10:30 PM] During Q4 of 2023, the stablecoin supply available to invest in crypto assets was $3.8 billion. This is the first time the net supply of the top five stablecoins has turned positive in nearly two years. In 2023, zero-knowledge (ZK) technology…
Financial Giant Fidelity Discusses Spot Bitcoin ETF Application With SEC
[Dec 10, 2023 8:30 PM] Financial services giant Fidelity recently met with the U.S. Securities and Exchange Commission (SEC) regarding its spot bitcoin exchange-traded fund (ETF) application. Like Blackrock, the world’s largest asset manager, Fidelity appears to be…
SEC Warns Crypto Investments Can Be ‘Exceptionally Risky’
Report: 47% of Nigerians Engaged in Crypto-Related Activities
[Dec 10, 2023 4:30 PM] A new study has found that as much as 47% of Nigerians are actively engaged in crypto trading which is now increasingly incorporated in their financial lives. The analysis also showed that crypto ownership in the country grew by 15% between 2020…
CME Group Dominates Bitcoin Futures Open Interest Amidst Speculations of $40K Gap Closing
[Dec 10, 2023 2:30 PM] Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $5.29 billion, followed closely by Binance with $4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives reveals…
Snowden Blasts Elizabeth Warren as ‘Pro-Banker,’ Claims She ‘Rolls Over’ for JPMorgan Boss in Crypto Clash
[Dec 10, 2023 12:30 PM] This week, the crypto community actively discussed Massachusetts Senator Elizabeth Warren’s remarks labeling crypto as a potential threat. Additionally, JPMorgan boss Jamie Dimon voiced a similar sentiment, asserting he would close crypto…