18 / 85 Relevant items tagged with #cryptocurrencies

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Tether Criticizes UN Report for Ignoring USDT’s Role in Helping Developing Economies

[Jan 17, 2024 3:30 AM] Tether, the issuer of the stablecoin USDT, has blasted the findings of a United Nations Office on Drugs and Crime study which ignore the stablecoin’s “role in helping developing economies in emerging markets.” According to…

6 AI Chatbots Forecast Bitcoin’s 2024 Finale — Predicting $60K to $90K Amid ETF Inflows and Halving Hype

[Jan 12, 2024 10:00 AM] In November 2023, six unique AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $15,000 to $45,000 per bitcoin. As of the initial week of January 2024, bitcoin’s trading value…

Bitcoin Soars Past $47K, Outstrips Meta in Market Cap Amid ETF Speculation and Intense Trading

[Jan 8, 2024 2:26 PM] Bitcoin breached the $47K threshold on Monday, fueled by growing excitement over the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). The leading crypto asset kicked off the day at $43,247 per unit, then climbed to a peak of…

Ark Invest Continues to Sell Coinbase Shares

[Jan 6, 2024 5:00 AM] In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s strong…

The Crypto Bulls Are Back: Digital Asset Inflows Cross $103 Million In One Week

[Dec 26, 2023 4:00 PM] Inflows into crypto investment funds have resumed after a brief hiatus two weeks ago, as evidenced by CoinShares’s latest analysis. According to James Butterfill, Head of Research at CoinShares, digital assets saw a net inflow of $103 million…

Crypto Economy Swelled by $909 Billion This Year — INJ and KAS Lead 2023’s Explosive Growth

[Dec 23, 2023 8:03 AM] This year, the cryptocurrency market has seen a dramatic surge, ballooning from a modest $827 billion at December’s close in 2022, to a robust $1.736 trillion presently. In this period, numerous cryptocurrencies have experienced significant…

2024 Crypto Economy Forecast — Bitfinex Researchers Predict $3.2 Trillion Market Cap Amid Rising Adoption 

[Dec 22, 2023 5:30 PM] As 2024 approaches, Bitfinex market strategists have expressed optimism for bitcoin (BTC) and crypto assets in general, acknowledging their resilience amid regulatory and reputational challenges. The crypto market, according to Bitfinex analysts…

Coinbase 2024 Outlook Marks End of Crypto Winter, Ordinals Leading NFT Shift, Heralds Era of Prosperity

[Dec 19, 2023 4:30 PM] As the crypto market navigates through a transformative era, Coinbase’s 2024 Crypto Market Outlook provides insights and predictions. The report, encompassing data up to November 30, 2023, delves into pivotal crypto market shifts and…

BlackRock, ARK revise Bitcoin ETF plans along SEC’s cash-only model

[Dec 19, 2023 2:40 AM] BlackRock, Cathie Wood’s ARK and WisdomTree are the latest spot Bitcoin ETF applicants to revise their filings with the U.S. SEC.

UK plan on digital securities sandbox laid before Parliament

[Dec 18, 2023 2:55 PM] The regulations will take effect on Jan. 8, with the Bank of England and U.K. Financial Conduct Authority operating the sandbox.

Revolut Business reportedly cuts crypto services ahead of new rules

[Dec 18, 2023 1:43 PM] The neobank will halt crypto purchases by businesses while it sorts out new ad requirements.

Zilliqa on-chain transactions plunge amid ‘technical issue’

[Dec 18, 2023 11:35 AM] “We are still investigating & we should be able to share an update soon,” wrote a Zilliqa community moderator.

Unofficial Arweave forking plans draw community controversy

[Dec 18, 2023 10:52 AM] A hard fork proposed by Arweave's largest layer-2 solution, Irys, is allegedly in the making.

Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M

[Dec 18, 2023 8:13 AM] The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025.

Hut 8 agrees to develop mining site to build equity with Celsius creditors

[Dec 18, 2023 5:54 AM] Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MW of energy.

Spot Bitcoin ETF will be ‘bloodbath’ for crypto exchanges, analyst says

[Dec 18, 2023 4:40 AM] Spot Bitcoin ETFs could trigger unwanted consequences for crypto exchanges like Coinbase due to lower transaction fees, according to ETF analysts.

FDUSD Rockets to $1.6B Market Cap, Becoming Fifth Largest Fiat-Pegged Crypto Amid Binance Concentration

[Dec 17, 2023 3:30 PM] In the fortnight since Dec. 2, 2023, the stablecoin asset first digital usd (FDUSD) experienced a notable expansion, increasing its supply by 690 million coins. As of Dec. 17, 2023, this surge has elevated its market capitalization to a significant…

Palau advances CBDC with Ripple in Phase 2 of PSC program launch

[Dec 17, 2023 1:48 AM] Phase 2 of the PSC program will prioritize the development of a digital ecosystem and increased user engagement, emphasizing adherence to regulatory compliance.

Who is Javier Milei, Argentina’s market-friendly president?

[Dec 16, 2023 8:11 AM] Javier Milei, also known as “El Loco,” has proposed dissolving Argentina’s central bank and envisions a society in which contracts will replace governments.

SEC faces accusations of contradiction in Coinbase rulemaking dispute

[Dec 16, 2023 4:05 AM] XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year.

Ripple’s Legal Chief predicts crypto landscape shifts in 2024

[Dec 16, 2023 1:49 AM] Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit in 2024 and lawmakers on Capitol Hill agreeing on the need for crypto regulations.

Ledger vulnerability put entire DApp ecosystem at risk: Finance Redefined

[Dec 15, 2023 2:25 PM] The Ledger connector vulnerability put the entire DeFi ecosystem at risk, with market experts asking users to remain cautious of using DApps even after Ledger released a patch.

Bitcoin ecosystem reinvigorated by memecoins, new protocols

[Dec 15, 2023 6:00 AM] Bitcoin miners’ revenue has reached all-time highs in part due to increased on-chain fees.

First Trust files for Bitcoin ‘Buffer ETF’ with SEC

[Dec 15, 2023 5:25 AM] Asset manager First Trust has filed for a Bitcoin buffer ETF with the SEC, intending to help investors mitigate risk by targeting downside protection.

What are stealth addresses, and how do they work?

[Dec 15, 2023 3:56 AM] Stealth addresses in cryptocurrencies act like secret codes for transactions, providing enhanced privacy by generating unique addresses for each payment.

Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval

[Dec 14, 2023 3:00 PM] Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market…

Majority of UK MPs ‘lack crypto knowledge,' says industry association

[Dec 14, 2023 3:00 PM] According to CryptoUK, MPs Andrew Griffith and Lisa Cameron were among the top crypto proponents in the U.K. government.

Security engineer pleads guilty to Nirvana Finance exploit and one other hack

[Dec 14, 2023 2:30 PM] Shakeeb Ahmed was arrested for hacking an unspecified DEX, then admitted to Nirvava Finance hack too.

Which world leaders have made big promises on crypto?

[Dec 14, 2023 12:51 PM] From Nayib Bukele to Donald Trump, many current and former heads of state across the globe have used crypto and blockchain as political tools.

Decentralized applications pause Ledger Connect as exploit fix deployed

[Dec 14, 2023 10:09 AM] Ledger has since attributed the exploit to a phishing attack on a former employee.