1 / 39 Relevant items tagged with #NewsBytes

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Strike Launches Callback Phone Support

[today 7:30 AM] Bitcoin payments firm Strike now offers callback phone support to its verified U.S. customers. “We know that sometimes a phone conversation is the most effective way to get the help you need,” the company said when it officially announced the…

Gold Hits Record High Amid Trade War Fears

[yesterday 3:10 PM] Gold prices reached a record high on Feb. 20, driven by fears of a global trade war due to U.S. President Donald Trump’s tariff threats, which increased safe-haven demand for the metal. Spot gold rose to $2,936.38 an ounce, with an earlier…

Anthony Scaramucci Predicts Bitcoin Will Reach $200,000 in 2025

[Feb 20 10:30 AM] Anthony Scaramucci, founder of Skybridge Capital, has forecasted that bitcoin will soar to $200,000 this year, with a potential U.S. reserve for the cryptocurrency also on the horizon. In an interview with Saxo Bank, Scaramucci emphasized that for…

Etoro Granted MiCA Permit to Offer Crypto Services Across the EU

[Feb 20 8:30 AM] Trading and investing platform Etoro announced that its EU subsidiary, Etoro (Europe) Ltd, has been granted a permit by the Cyprus Securities Exchange Commission (CySEC) to provide crypto services across the European Union under the Markets in…

Bitcoin ETFs Steal Gold’s Shine

[Feb 19 8:10 PM] The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X. Indeed, gold ETFs have virtually stalled…

Steam Kicks out Pirate Game for Stealing Crypto Wallets

[Feb 19 9:30 AM] Valve has removed a game titled Piratefi from its online store Steam after it was discovered to be embedded with malware. Security researchers, including Marius Genheimer from SECUINFRA Falcon Team, revealed to Techcrunch that the malware was…

Coinbase Launches Proof-of-Reserves for cbBTC

[Feb 19 8:30 AM] Cryptocurrency exchange Coinbase unveiled its proof-of-reserves page for cbBTC, the exchange’s wrapped version of bitcoin (BTC) that allows users to deposit bitcoin with Coinbase and send tokens that represent the deposited BTC to multiple…

Metaplanet Announces Stock Split to Enhance Liquidity

[Feb 18 7:30 AM] On February 18, 2025, Japanese Bitcoin-standard company Metaplanet announced a stock split aimed at improving liquidity and expanding its investor base. Following a significant rise in stock price after a reverse split in August 2024, the company…

Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial

[Feb 17 4:30 AM] A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial…

Goldman Sachs Boosts Bitcoin ETF Holdings

[Feb 16 11:30 PM] Goldman Sachs significantly expanded its Bitcoin ETF holdings in Q4 2024, increasing its stake in the Ishares Bitcoin Trust ETF (IBIT) by 88% to $1.27 billion, according to its latest SEC filing. The firm also boosted its investment in the Fidelity…

‘Not a Maxi Anymore:’ Plan B Pivots to Bitcoin ETFs

[Feb 16 11:30 AM] Plan B, a bitcoin analyst who is famous for his stock-to-flow (S2F) price prediction model, has announced that he sold his tokens, pivoting to bitcoin exchange-traded funds (ETFs). Predicting a negative backlash from the community, he stated…

Clucoin Founder Sentenced to 27 Months for $1.14M Crypto Fraud

[Feb 16 7:30 AM] The founder of Clucoin, Austin Michael Taylor, was sentenced to 27 months in prison for wire fraud, followed by three years of supervised release, and ordered to pay $1.14 million in restitution and forfeitures. Taylor, 41, from Sykesville…

Hashflare Operators Plead Guilty in Massive Fraud Case

[Feb 16 5:30 AM] Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme through their fraudulent mining service, Hashflare. The scheme, running from 2015 to 2019, deceived hundreds of…

Bitdeer’s Bitcoin Holdings Rise to 833 BTC

[Feb 15 8:45 PM] Bitdeer, a U.S. bitcoin mining firm announced an increase in its bitcoin holdings to 833 BTC, reflecting a 28 BTC gain from the previous week. The latest update, confirmed on Feb. 14, excludes customer deposits, emphasizing the company’s…

Barclays Purchases $131M of Blackrock’s Bitcoin ETF

[Feb 15 8:10 AM] London UK-based Barclays Bank, one of the world’s largest financial institutions with more than $1.5 trillion in assets, purchased $131 million worth of Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF) in 2024. The details were revealed…

Bank of Montreal Has Been Quietly Buying Bitcoin ETFs

[Feb 14 12:15 AM] The Bank of Montreal (BMO), Canada’s third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed its Form 13F-HR with the U.S. Securities and Exchange…

Zimbabwe Not Ready to De-Dollarize, Says Finance Minister

[Feb 13 8:30 AM] Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital…

Bitpanda Secures FCA Approval to Expand Operations in the UK

[Feb 13 12:10 AM] Bitpanda has secured approval from the UK’s Financial Conduct Authority (FCA) to operate in the United Kingdom, marking a significant regulatory milestone for the European cryptocurrency platform. This approval, along with a recently obtained MiCAR…

World Liberty Financial Unveils ‘Macro Strategy’ Token Reserve

[Feb 12 8:40 PM] World Liberty Financial (WLFI), the Trump family’s flagship crypto project, unveiled its new “Macro Strategy” token reserve on Tuesday evening via a post on X. The reserve will hold a diverse set of assets and aim to “bolster leading projects like