Bitcoin News / Bitcoin.com - 9 months ago
Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with new...
Bitcoin News / Bitcoin.com - 9 months ago
The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of th...
Bitcoin News / Bitcoin.com - 9 months ago
A new survey has found that bitcoin usage has dropped to critical levels in El Salvador, with less than 10% of its citizens using it to make transactions. The numbers are surprising to analysts, given the push that President Nayib Bukele has made for...
Bitcoin News / Bitcoin.com - 9 months ago
Kraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with multiple networks. KBTC aims to expand bitcoin’s use beyond its native chain and into decentralized finance (defi) ecosystems. Kraken Introduce...
Bitcoin News / Bitcoin.com - 9 months ago
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon mainnet...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin (BTC) enjoyed a 2.20% boost driven by rising spot demand, briefly touching $68,000 before settling at $67,000, according to Singapore-based digital asset trading firm QCP Capital. The firm highlighted strong options activity and inflows into...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large inves...
Bitcoin News / Bitcoin.com - 9 months ago
Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by injecting dollars into the b...
Bitcoin News / Bitcoin.com - 9 months ago
Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrategy. This company holds an enormous amount of bitco...
Bitcoin News / Bitcoin.com - 9 months ago
In a market always hunting for the next big thing, Pepe Unchained (PEPU) is standing out. With a huge $20 million now raised in its ICO, this new project is continuing to attract attention from investors and analysts alike. And given the development...
Bitcoin News / Bitcoin.com - 9 months ago
A man from Athens, Alabama, was arrested Thursday for his role in the January 2024 hack of the U.S. Securities and Exchange Commission’s X account. The hack led to a false announcement regarding bitcoin exchange-traded funds (ETFs), temporarily causi...
Bitcoin News / Bitcoin.com - 9 months ago
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another high-activity trading session, pulling in $458.54 million in gains. Meanwhile, ether ETFs also saw inflows, with $24.22 million moving into the nine funds. U.S. Bitcoin...
Bitcoin News / Bitcoin.com - 9 months ago
Following a ‘testy’ interview with Bret Baier on Fox News, Vice President Kamala Harris has seen her odds of winning the election drop sharply to 38.7%, according to Polymarket bettors. Meanwhile, former President Donald Trump’s odds have climbed to...
Bitcoin News / Bitcoin.com - 9 months ago
PRESS RELEASE. Dubai, October 17, 2024: The Global Blockchain Show is pleased to announce its second edition, taking place on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre, Dubai. Organized by Web3 and artificial intelligence consulti...
Bitcoin News / Bitcoin.com - 9 months ago
According to recent data, Polymarket’s October trading volume has already eclipsed September’s figures, with two weeks still remaining in the month. Impressively, the volume has hit a record high, approaching $1 billion in just over two weeks, ahead...
Bitcoin News / Bitcoin.com - 9 months ago
Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and v...
Bitcoin News / Bitcoin.com - 9 months ago
Unstoppable Domains has announced the launch of Metamask Snap, an integration that allows for cross-chain name resolution for over 4 million users. This new feature enables users to send and receive cryptocurrency using easily recognizable domain nam...
Bitcoin News / Bitcoin.com - 9 months ago
Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this legislation is crucial to...
Bitcoin News / Bitcoin.com - 9 months ago
Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF). The...
Bitcoin News / Bitcoin.com - 9 months ago
The Sui Foundation has denied allegations that its employees or insiders from Mysten Labs sold $400 million worth of SUI tokens. The foundation also rejected claims that insiders were involved in preemptive selling or violating token lockup agreement...
Bitcoin News / Bitcoin.com - 9 months ago
A cryptocurrency promoter was sentenced to 20 years in prison for running a Ponzi scheme that defrauded thousands of investors, particularly in Spanish-speaking U.S. communities. The scheme, disguised as a crypto mining operation, promised guaranteed...
Bitcoin News / Bitcoin.com - 9 months ago
Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s lay...
Bitcoin News / Bitcoin.com - 9 months ago
On Wednesday, as bitcoin soared to an intraday peak of $68,388 per coin, a wallet from 2011 suddenly sprang to life after lying dormant for over 13 years, spending 150 BTC, valued at $10.17 million. This latest awakening follows the movement of 100 B...
Bitcoin News / Bitcoin.com - 9 months ago
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries li...
Bitcoin News / Bitcoin.com - 9 months ago
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepa...