107 / 433 Relevant items tagged with #NEWS

Posts

El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies

[Jun 14, 2024 5:36 PM] Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an…

Keith Gill Boosts Gamestop Stake, Becomes Fourth Largest Shareholder

[Jun 14, 2024 3:51 PM] Keith Gill, also known by his alias ‘Roaring Kitty,’ has significantly increased his investment in Gamestop, now holding nine million shares, which positions him as the fourth largest shareholder. His portfolio value has risen to around…

South Africa Re-Elects Cyril Ramaphosa of the ANC as President

[Jun 14, 2024 3:51 PM] South African president Cyril Ramaphosa of the African National Congress (ANC) party was re-elected on Friday, and will lead the country's first multi-party coalition government.

Two Men Charged With Running Darknet Marketplace Empire Market

[Jun 14, 2024 3:30 PM] Federal prosecutors in Illinois have charged two men with owning and operating Empire Market, a darknet marketplace, according to court documents filed Friday.

Worldcoin to Establish Latam Hub in Argentina Despite Heavy Scrutiny

[Jun 14, 2024 3:12 PM] Worldcoin, the biometric identification project, has announced a new expansion process in Argentina, where it reportedly will seek to open 50 new locations with eye-scanning hardware. The announcement comes after Buenos Aires indicted Tools For…

Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly

[Jun 14, 2024 11:15 AM] BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days

MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge

[Jun 14, 2024 8:38 AM] The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.

Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour

[Jun 14, 2024 8:30 AM] Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals.

Donald Trump Proposes Elimination of US Income Tax, Introduction of Tariffs

[Jun 14, 2024 8:00 AM] U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On…

DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says

[Jun 14, 2024 6:39 AM] Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.

MicroStrategy Boosts Stock Sale to $700M to Buy More Bitcoin

[Jun 14, 2024 6:39 AM] MicroStrategy, led by CEO Michael Saylor, has increased the size of its planned stock sale to raise additional funds to purchase Bitcoin. The company is now seeking to raise $700 million, up from the previously announced $500 million.BREAKING…

First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks

[Jun 14, 2024 6:14 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Nigeria Drops Tax Charges Against Binance Executives

[Jun 14, 2024 5:19 AM] The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.

Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings

[Jun 14, 2024 5:17 AM] Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.

More Central Banks Are Exploring a CBDC, BIS Survey Finds

[Jun 14, 2024 5:08 AM] There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.

Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities

[Jun 14, 2024 4:16 AM] Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.

Bernstein: Bitcoin Could Hit $1 Million by 2033

[Jun 14, 2024 4:11 AM] Major Wall Street firm Bernstein has made a bullish long-term prediction for Bitcoin's price, saying it could reach $1 million by 2033.JUST IN: $779 billion Bernstein says #Bitcoin will likely hit $1 million.Predicts $200,000 price by 2025 …

Here's Why Bitcoin's Not Keeping Pace With Nasdaq

[Jun 14, 2024 3:53 AM] Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.

Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy

[Jun 14, 2024 2:42 AM] The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.

Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC

[Jun 14, 2024 2:14 AM] BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.

Former Goldman Sachs Exec Joins Anchorage Digital’s Board of Directors

[Jun 13, 2024 4:59 PM] Crypto custody firm Anchorage Digital has added Connie Shoemaker, a former Goldman Sachs executive, to its board of directors.

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

[Jun 13, 2024 3:33 PM] The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to pay $4.5 billion in disgorgement, prejudgement interest, and civil penalties.

HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens

[Jun 13, 2024 2:53 PM] The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter

Paradigm Secures $850 Million for Third Crypto Fund, Targets Early-Stage Projects

[Jun 13, 2024 1:45 PM] On June 13, the leading San Francisco-based crypto-focused venture capital firm Paradigm revealed it has secured its third fund, totaling $850 million, aimed at early-stage crypto projects. Paradigm Announces $850 Million Fund Established in 2018…

'Bitcoin is Exponential Gold', Says Fidelity’s Director of Global Macro

[Jun 13, 2024 1:09 PM] Jurrien Timmer, Fidelity’s Director of Global Macro, recently made a notable statement about Bitcoin, describing it as "exponential gold" and an emerging player on the "store of value" team. Timmer's comments were shared through a series of posts…

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

[Jun 13, 2024 10:07 AM] SEC Chair Gary Gensler said he expected the new vehicles to have won full approval by the end of the summer.

EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA

[Jun 13, 2024 9:35 AM] The European Banking Authority (EBA) published on Thursday the final draft technical standards on prudential matters for firms to comply with that fall under the markets in crypto assets (MICA) legislation.

Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler

[Jun 13, 2024 9:04 AM] U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday.

Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process

[Jun 13, 2024 9:02 AM] FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”

Protocol Village: McLaren Data Tracker on Minima Blockchain Could Prevent Race Car Cheating

[Jun 13, 2024 8:47 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.