Bitcoin News / Bitcoin.com - 3 weeks ago
Bitcoin ETFs ended the week with a 7th straight day of outflows, though losses were modest at just $1 million. Meanwhile, ether ETFs recorded a more pronounced $29.20 million exit, led by Grayscale’s ETHE. Bitcoin ETF Sees Modest Exit While Ether ETF...
Bitcoin News / Bitcoin.com - 3 weeks ago
OM token’s sudden crash unleashed widespread cross-exchange liquidations, prompting a swift Binance response as traders faced halted profits and escalating concerns over tokenomics integrity. OM Token Plunge Triggers Binance Alert With Cross-Exchange...
Bitcoin News / Bitcoin.com - 3 weeks ago
Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second...
Bitcoin News / Bitcoin.com - 3 weeks ago
The lower chamber of the Argentine Congress approved the creation of a commission to formally investigate the involvement of government officials with Libra, the cryptocurrency shared by President Javier Milei. The group will begin its investigative...
Bitcoin News / Bitcoin.com - 3 weeks ago
Thailand has approved significant amendments to the digital asset and cybercrime laws to combat cybercrime and online scams. Combating Mule Accounts in the Crypto Industry The Thailand Cabinet has approved significant amendments to the Digital Asset...
Bitcoin News / Bitcoin.com - 3 weeks ago
James Toledano says bitcoin’s measured response to a significant sell-off, triggered by U.S. “reciprocal” tariffs, highlights its growing maturity as a macro asset. Bitcoin Is a Maturing Macro Asset After weeks of seemingly moving in tandem with equi...
Bitcoin News / Bitcoin.com - 3 weeks ago
Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into Wealth...
Bitcoin News / Bitcoin.com - 3 weeks ago
Institutional traders can now leverage cryptocurrencies and tokenized money market funds as off-exchange collateral, thanks to a new program launched by Standard Chartered and OKX. Boosting Institutional Investor Confidence Standard Chartered and OKX...
Bitcoin News / Bitcoin.com - 3 weeks ago
The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity. FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom Acting Chairman Travis Hill used his...
Bitcoin News / Bitcoin.com - 3 weeks ago
Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance. Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future...
Bitcoin News / Bitcoin.com - 3 weeks ago
New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML...
Bitcoin News / Bitcoin.com - 3 weeks ago
In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S. lawmak...
Bitcoin News / Bitcoin.com - 3 weeks ago
Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives. Samson Mow Expects Bitcoin to Go ‘Much Higher’ Bitcoin advocate Samson Mow,...
Bitcoin News / Bitcoin.com - 3 weeks ago
A new court filing reveals Ripple and the SEC are racing toward a landmark settlement, signaling a dramatic turn in the XRP case with massive crypto implications. Ripple and SEC Request Court Pause as Settlement Nears in XRP Case Attorneys representi...
Bitcoin News / Bitcoin.com - 3 weeks ago
Jim Rickards, economist and author of the best-selling book “Currency Wars,” explained that tariffs are extremely good for the U.S. to the detriment of other countries. In a recent podcast, Rickards stated that contrary to the idea of tar...
Bitcoin News / Bitcoin.com - 3 weeks ago
The multi-billion-dollar asset manager follows in the footsteps of competitors Grayscale and Bitwise and has been endorsed by the Dogecoin Foundation. Dogecoin Foundation Backs 21shares for Dogecoin ETF Swiss-based 21shares, a $7 billion crypto excha...
Bitcoin News / Bitcoin.com - 3 weeks ago
Bitcoin’s price stands at $79,630 as of April 10, 2024, with a market capitalization of $1.57 trillion. Over the last 24 hours, bitcoin has traded between $78,424 and $82,401, amassing a strong trading volume of $52.10 billion, reflecting stron...
Bitcoin News / Bitcoin.com - 3 weeks ago
Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system...
Bitcoin News / Bitcoin.com - 3 weeks ago
The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation. Mallers: Debasement of Currency Will Propel Bitcoin...
Bitcoin News / Bitcoin.com - 3 weeks ago
In a written inquiry to Minister of Finance Elisabeth Svantesson, MP Rickard Nordin asked about the possibility of including bitcoin as part of Sweden’s foreign reserves. Nordin also proposed funding it with bitcoin seized by police and customs...
Bitcoin News / Bitcoin.com - 3 weeks ago
Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requ...
Bitcoin News / Bitcoin.com - 3 weeks ago
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would also ramp up controls on customers’ dollar pur...
Bitcoin News / Bitcoin.com - 3 weeks ago
OpenAI has announced a counter-lawsuit against Elon Musk, alleging that his ongoing actions against the organization are bad-faith tactics aimed at undermining its operations and seizing control of its AI innovations for personal gain. In a statement...
Bitcoin News / Bitcoin.com - 3 weeks ago
The securities regulator believes that crypto assets currently pose a minimal risk to financial stability due to their relatively small size and limited integration with traditional financial systems. Crypto Assets 1% of Global Financial Assets The E...
Bitcoin News / Bitcoin.com - 3 weeks ago
Japanese bitcoin treasury firm Metaplanet received its first third-party coverage by an equities research company when it was featured in a report on Monday by UK-based Storm Research. The boutique equities research shop founded in 2009, specializes...
