Category : Bitcoin.com

Bitcoin.com

Banking Giant Standard Chartered’s Crypto Custody Firm Zodia Launches in Hong Kong

British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto firm’s C...

Robert Kiyosaki Shares Investment Allocation to Help You Survive ‘Greatest Crash in World History’

Rich Dad Poor Dad author Robert Kiyosaki has recommended an investment allocation that he says may help you survive the greatest crash in world history. Noting that financial experts have promoted a 60/40 portfolio allocation of stocks and bonds, he...

SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein

Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has bee...

US Treasury Deputy Secretary: Crypto Not Major Source of Funding for Terrorists

U.S. Treasury Deputy Secretary Wally Adeyemo says crypto is not the vast majority of the ways terrorist groups are funded, noting that these organizations “continued to use the traditional banking system.” His statements followed media re...

Bank of Spain Report: Most Spaniards Don’t Want Digital Euro, 65% Would Not Use It

submitted by /u/kirtash93 [link] [comments]

Crypto Exchanges Face Historic Liquidity Crunch Ahead of Bitcoin Halving

About 60,000 bitcoins valued at just over $2 billion were removed from trading platforms in the past 90 days. The number of bitcoins on centralized exchanges is slightly more than 2 million. A recent report from Falconx says swings in the market have...

Bitcoin’s Black Swan — A Retrospective on 2020’s ‘Black Thursday’

Almost four years have elapsed since the market crash of March 11, 2020, widely known as “Black Thursday.” During that turbulent period, the value of bitcoin plummeted by more than 50% in a 24-hour span, reaching $3,867 per unit...

Biggest Movers: SOL Hits Near 1-Year High, Gaining 9% on Monday

Solana surged to near a one-year high to start the week, as bulls pushed the cryptocurrency above the $35.00 level. Today’s surge comes as the global crypto market cap rallied, following a recent bout of consolidation. Avalanche also edged higher, su...

Bitcoin Difficulty Soars to Record 62.46 Trillion, Miners Unfazed Amidst Tight Competition Between Foundry and Antpool

On October 29, 2023, Bitcoin’s difficulty rose 2.35%, reaching a record 62.46 trillion. This uptick represented the fourth consecutive rise over the preceding six weeks. The next difficulty epoch is slated for November 12, 2023, and as it stands, the...

Bitcoin, Ethereum Technical Analysis: ETH Moves Back Above $1,800, BTC Remains Near Recent Highs

Ethereum once again rallied above the $1,800 level on Monday, ahead of a highly significant week of U.S. economic data. Over the next few days consumer confidence, and nonfarm payrolls will be reported, ahead of a Federal Reserve policy meeting. Bitc...

South African Crypto Platform Pins Hope on ‘Phased Asset Recovery’ Proposal

A South African crypto investment platform has expressed hopes that an asset recovery proposal will result in users regaining access to funds blocked after its custody partner froze withdrawals. The crypto platform said it has also engaged regulators...

Crypto Exchange Wants to See India Lower Tax on Trading

Indian government should lower a tax on crypto transactions as it’s not fulfilling its stated purpose, a local cryptocurrency exchange said. The company blames the levy, which was introduced last year, for driving Indian crypto trading volumes to ove...

SEC Commissioner Hester Peirce Blasts ‘Scorched Earth’ Approach Against LBRY

Hester Peirce, commissioner of the U.S. Securities and Exchange Commission (SEC), issued a statement of dissent that referred to how the commission dealt with the LBRY case. Peirce criticized the approach that the SEC took when, according to her, the...

Lucky Solo Miner With 11 PH/s Bags Bitcoin Block Reward Amid Giant Pools

Recent insights reveal that a solo miner successfully mined block 814,308 employing a mere 11 petahash per second (PH/s) of mining power. This feat was achieved through Solo Ckpool, a service for solo miners endowed with lower hashrates or older, les...

Latam Insights: Argentina Prepares for Run-off Election With Crypto on the Agenda, Colombia Works on Digital Peso

I like the Vaca Muerta proposal because it results in the reduction of carbon emissions. It has all the symbolic capital that Argentina needs in the coming years. submitted by /u/FitScore3115 [link] [comments]

Deutsche Post Launches Crypto Stamp With AI-Generated Images of Historical Sites

Germans can now order a “crypto stamp” that will feature images of historical buildings rendered by artificial intelligence (AI). The stamp, to be released by Deutsche Post in November, is already available for pre-order and wil...

Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App

Digital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password mana...

Vaneck Charts the Course of Solana’s Future With 2030 Valuation Study

Vaneck, a leading digital asset manager, has recently unveiled a study on the network Solana, providing a wide spectrum of SOL valuation scenarios for the year 2030. Authored by Patrick Bush, the senior investment analyst, of digital assets, and Matt...

From Venezuela’s 360% to Ghana’s 42%, 10 Countries Worldwide Feel the Sting of Inflation

Drawing upon the latest statistics, ten nations are grappling with inflation rates surpassing 40% as of October 2023, while four countries are enduring inflation rates in excess of 100%. A look into the data curated by the International Monetary Fund...

As Gold and BTC Rise Key US Equities Index Now Down By Over 10% from July 31 Peak

The key U.S. equities index the S&P 500 has now declined by just over 10% from its July 31 peak on fears that the U.S. economy is headed for a recession. One expert characterized the index’s drop as the first correction since the market bo...

Bitcoin Ordinal Inscriptions Defy Downturn, Embark on Resurgence as Daily Counts Soar

Over the weekend, the cumulative count of Ordinal inscriptions briskly surpassed the 36 million milestone, signaling a departure from the month-long downturn in daily onchain inscription issuances. While the staggering peaks of early September still...

Blackrock / BTC Price Speculation, Musk Wants ‘Comprehensive Deregulation,’ Kiyosaki Not Trying to Be Warren Buffet — Week in Review

As speculation continues about a possible Blackrock spot bitcoin exchange-traded fund (ETF) approval, Elon Musk calls for “comprehensive deregulation” amidst United States Securities and Exchange Commission (SEC) regulatory turmoil, and R...

Anthropic’s $2 Billion Deal With Google Brings Hope to FTX Creditors

A few weeks back, a coalition of creditors from FTX, known as the “FTX 2.0 Coalition,” shed light on how the defunct exchange’s vested interest in Anthropic could significantly enhance their compensation. Now, Anthropic has successf...

Trading Slump Wiped $12 Billion From Binance Founder’s Fortune, Bloomberg Says

Binance founder and CEO Changpeng Zhao (CZ) has reportedly lost nearly $12 billion from his wealth amid declining crypto trading volumes this year. According to Bloomberg’s estimates, the world’s largest trading platform for digital assets has seen a...

SEC Wants $770 Million From Ripple — Lawyer Says SEC Is ‘Pissed and Embarrassed’

The U.S. Securities and Exchange Commission (SEC) reportedly wants Ripple to pay a $770 million penalty for violating securities laws. Crypto lawyer John Deaton explained that the securities regulator is “pissed and embarrassed”...

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