172 / 309 Relevant items tagged with #crypto
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Spanish Treasury Proposes Tax Reform to Allow Cryptocurrency Seizures
[Feb 5 1:30 AM] The Spanish Treasury is proposing a tax reform to allow the seizure of cryptocurrency assets when liquidating tax debts. According to local sources, the proposal would also allow the state administration to embargo these digital assets as it is…
FTX Estate to Monetize AI Investment, Seeks Sale of Anthropic Shares Amid Bankruptcy Proceedings
[Feb 4 11:30 PM] In a significant move within the crypto bankruptcy landscape, FTX Trading Ltd. has announced its intention to sell its equity interests in the artificial intelligence (AI) firm, Anthropic PBC. Holding close to an 8% stake, valued between…
Bitcoin Pioneer Nayib Bukele Reelected in El Salvador by a Landslide
[Feb 4 9:40 PM] President Nayib Bukele, a pioneer in introducing the law that made bitcoin legal tender in El Salvador, has been reelected as president of the country in the ballot completed on Sunday. The Latam leader, who will reportedly continue implementing…
Coinbase Sees Positive Setup for Bitcoin as Exhaustion Hits Factors Pressuring BTC
[Feb 4 7:34 PM] Cryptocurrency exchange Coinbase says many technical factors pressuring bitcoin, and crypto more broadly, are starting to be exhausted. “We expect macro factors to become more relevant for the digital asset class in the weeks ahead, which…
Bitcoin Holders Moving Big: Number Of Whale Wallets Reaches Highest Count In 15 Months
[Feb 4 5:59 PM] Bitcoin, the largest crypto asset, is currently at a standstill from the viewpoint of many investors considering current market factors. The crypto mostly traded between $41,000 and $45,500 last week after recovering from a brief dip below $40,000…
Commodity Analyst Mike McGlone Says Gold Glitters Over Bitcoin as Crypto-to-Metal Ratio Plunges Post-2021
[Feb 4 4:30 PM] Bloomberg’s commodity market expert Mike McGlone warns of a potential downturn for bitcoin, highlighting its disappointing performance against gold since its peak in 2021. On Sunday, McGlone pointed out that the bitcoin/gold ratio had…
WHAT IS XRP LEDGER (XRP)?
[Feb 4 4:00 PM] XRP Ledger, created by Ripple Labs Inc., is an open-source blockchain technology and digital asset. This means that developers can contribute to its development and enhance its functionality. XRP serves as the native cryptocurrency of the XRP…
9 New ETFs Capture 177,949 Bitcoin, Pulling Nearly 40M BTC off Market After GBTC Outflows
[Feb 4 2:30 PM] In the latest reports, a number of the nine spot bitcoin exchange-traded funds (ETFs) that were launched on Jan. 11, 2024, have increased their bitcoin holdings following the last day of trading activity recorded on Feb. 2, 2024. According to the…
The $50K Quest: Bitcoin Oracle’s Pre-Halving Proclamation Sparks Excitement
[Feb 4 2:30 PM] As the eagerly awaited Bitcoin halving event approaches in April, cryptocurrency analysts are engaging in spirited discussions about the potential trajectory of the leading cryptocurrency’s price. Offering his insights, Michaël van de Poppe…
What Is Kaspa (KAS) Blockchain?
Socialfi’s Shining Star Friend.tech Dims: A Tale of Decline and Disinterest
[Feb 4 12:30 PM] Just a few months back, social finance (socialfi) platforms were the talk of the town, with Friend.tech leading the charge amidst surging popularity. Yet, as the curtains closed on October 2023, this once-celebrated socialfi platform witnessed a…
Genesis Seeks Court Approval to Offload $1.4 Billion in GBTC Assets Post-SEC Settlement
[Feb 4 10:30 AM] After reaching an agreement with the U.S. Securities and Exchange Commission (SEC), the bankrupt company Genesis Global Capital has submitted a petition to the bankruptcy court to dispose of holdings from Grayscale’s Bitcoin Trust, Ethereum…
How To Mint BRC-20 Tokens On The Bitcoin Network
[Feb 4 10:00 AM] BRC-20 tokens open doors for developers to build their own decentralized applications (dApps) with unique economies on the Bitcoin network. This fosters community engagement through internal currencies, and attracting investment through innovative…
Bitcoin’s Fourth Halving, Nigerian Currency Plunges, Canadian Court Rebukes Trudeau, and More — Week in Review
Cardano Heats Up: Transactions Break Past 4 Million As Ecosystem Thrives
[Feb 4 7:00 AM] Cardano, a blockchain platform known for its research-oriented strategy and eco-friendly Proof-of-Stake consensus, is experiencing substantial growth. Increased transaction volumes, a variety of project launches, and active development within its…
DOJ Charges Belarusian National With Money Laundering Conspiracy and Operating Unlicensed Crypto Exchange
[Feb 4 6:30 AM] The United States Department of Justice (DOJ) has charged the Belarus national Aliaksandr Klimenka with money laundering conspiracy and the operation of an unlicensed money services business. Most of these criminal activities were perpetrated via…
Ethereum Exodus: The Inside Scoop On The Massive $500 Million Weekly Flight
[Feb 4 1:00 AM] Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has seen a significant exodus from centralized exchanges in recent weeks, with data suggesting a growing preference for holding the asset outside of trading platforms…
Crypto Fraud-Accused Denver Pastor Preaches Finance in Zambia Just Days After Skipping U.S. Court
[Feb 4 1:00 AM] A Denver pastor, accused of crypto-fraud, has been spotted in the Zambian capital just days after he reportedly failed to appear in court. The pastor, Eligio Regalado, said about half of the misappropriated $1.3 million went to the IRS. Denver…
DOJ Charges Trio Behind $400 Million SIM Swap Attack on FTX
[Feb 3 11:30 PM] The United States Department of Justice has charged three individuals accused of masterminding the SIM-swapping attack that siphoned over $400 million from FTX. The indictment of the trio appears to undercut claims that incarcerated FTX founder Sam…
Ark Invest Discusses 4 ‘Major Catalysts’ Driving Bitcoin Price in 2024
[Feb 3 10:00 PM] Asset management firm Ark Invest has highlighted four major catalysts that will drive the price of bitcoin this year. “Bitcoin has emerged as an independent asset class worthy of a strategic allocation in institutional portfolios,”…
‘Wolf Of All Streets’ Explains Bitcoin Halving Could Send BTC to $240,000
El Salvador Stands Firm on Bitcoin, Defying IMF’s Renewed Call to Drop BTC as Legal Tender
[Feb 3 5:30 PM] El Salvador has reaffirmed its commitment to embracing bitcoin despite the International Monetary Fund’s repeated calls for the country to drop the cryptocurrency as legal tender. The Salvadoran vice president emphasized that not only will…
Veteran Investor Jim Rogers on Crypto: Bitcoin Unlikely to Become Money, Governments Favor CBDCs
AI Crypto Market Cap Leaps $1.07 Billion in 12 Days Led by Bittensor’s Rise
[Feb 3 3:00 PM] In the span of just 12 days, the market cap of the artificial intelligence (AI) cryptocurrency sector has risen from $6.08 billion to its present valuation of $7.15 billion. This growth is primarily attributed to the impressive performance of…
NFT Collections Drive Market Recovery With a 3.74% Increase in Weekly Sales
[Feb 3 1:30 PM] NFT sales have experienced a 3.74% increase compared to the previous week, totaling $236,234,800 over the past seven days. The latest rise defies the pattern of consecutive weeks marked by declining NFT sales. NFT Sales Climb Higher, Defying Recent…
Avalanche To Unleash 9.5 Million Tokens, Traders Brace For Impact
[Feb 3 12:30 PM] Avalanche, the blockchain platform poised for a major event in the month of love, is gearing up for a significant development. As February unfolds, the cryptocurrency market is anticipating the release of nearly $900 million worth of vested tokens…
Countdown to Bitcoin’s Fourth Halving: A Shift in the Crypto Economy Looms
[Feb 3 11:30 AM] At the time of writing, we are now less than 80 days away from Bitcoin’s fourth halving event, where the block reward will decrease from 6.25 bitcoins per block to 3.125 bitcoins per block post-halving. As is customary, market expectations…