Bitcoin News / Bitcoin.com - 1 year ago
Economist Peter Schiff compared the attack on Israel to 9/11, calling it “the beginning of a bad situation.” He highlighted several factors that will weaken the U.S. economy, which he described as “already structurally weak.” The ec...
Bitcoin News / Bitcoin.com - 1 year ago
A new computing model, BitVM, aims to enhance Bitcoin’s smart contract capabilities without requiring changes to the blockchain’s consensus rules. The white paper, published on October 9, 2023, has drawn significant attention and its fa...
Bitcoin News / Bitcoin.com - 1 year ago
In a riveting development, Caroline Ellison’s recent testimony revealed that Alameda Research is believed to have shelled out a whopping $150 million to Chinese officials to unlock accounts valued over $1 billion. The narrative thickens as the...
Bitcoin News / Bitcoin.com - 1 year ago
A group uniting regional securities regulators in North America has backed the U.S. Securities and Exchange Commission (SEC) in its Coinbase lawsuit. The move goes against arguments in favor of adopting dedicated rules for crypto assets in the United...
Bitcoin News / Bitcoin.com - 1 year ago
FTX’s former CEO, Sam Bankman-Fried (SBF), allegedly guided staff to inappropriately utilize FTX client resources and hide financial vulnerabilities from various lenders, revealed former Alameda Research CEO Caroline Ellison during Wednesday...
Bitcoin News / Bitcoin.com - 1 year ago
Seasoned crypto investors continue scooping up bitcoin (BTC) at a rate of 50,000 coins per month valued at $1.35 billion, according to blockchain analytics firm Glassnode’s latest onchain report. This supply tightening comes as the broader dig...
Bitcoin News / Bitcoin.com - 1 year ago
Ethereum’s shift from a deflationary to an inflationary model has witnessed a 0.178% uptick in the last 17 days. During this period, the network added 22,502 ether, valued at $35.31 million, to its total supply. Ethereum’s Growing Infla...
Bitcoin News / Bitcoin.com - 1 year ago
Dogecoin was marginally higher on Wednesday, after moving back above a recent support point during today’s session. The meme coin fell to a seven-week low on Monday, however bulls have moved to buy the dip. Toncoin was another token to rise, reenteri...
Bitcoin News / Bitcoin.com - 1 year ago
Ethereum might soar to $8,000 by 2026, suggests a fresh investors memo penned by Standard Chartered’s lead on forex and crypto research. Geoffrey Kendrick, alongside his analytical squad at the bank, pinpointed Ethereum’s stronghold in...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin slipped to a ten-day low in today’s session, as the trial of Sam Bankman-Fried (SBF) continues. Caroline Ellison, the former CEO of Alameda Research, alleged that she committed fraud at the behest of SBF. Markets also declined ahead of...
Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong Monetary Authority (HKMA) has recently completed a series of tests regarding the programmability of the e-HKD, the proposed Hong Kong central bank digital currency (CBDC). While still in its initial phases, the e-HKD presents “int...
Bitcoin News / Bitcoin.com - 1 year ago
Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information suggesting that the crypto giant is experiencing financial difficulties with p...
Bitcoin News / Bitcoin.com - 1 year ago
Changpeng “CZ” Zhao, founder and CEO of Binance, has shared his thoughts on the upcoming Bitcoin halving. Using Binance Feed, the X-like social feed of the exchange, Zhao explained that Bitcoin prices won’t double immediately after...
Bitcoin News / Bitcoin.com - 1 year ago
Members of Israel’s Web3 community have launched Crypto Aid Israel, a fundraiser in support of those affected by the conflict with Hamas. The goal is to attract cryptocurrency donations to relieve the humanitarian situation of thousands of Isr...
Bitcoin News / Bitcoin.com - 1 year ago
The Nasdaq-listed bitcoin mining company Iris Energy has announced its acquisition of 1.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. This acquisition will increase the company’s self-mining capacity by 25%, from 5.6 EH/s...
Bitcoin News / Bitcoin.com - 1 year ago
Billionaire investor Paul Tudor Jones has warned of the effects of the geopolitical uncertainty around four nuclear powers, including China, Russia, and Iran. “It might be the most threatening and challenging geopolitical environment that IR...
Bitcoin News / Bitcoin.com - 1 year ago
The Israel Police have frozen crypto accounts held at Binance allegedly used by Hamas to collect crypto donations as tensions between Israel and Hamas escalate. In addition, the Israel Police have frozen a Hamas-linked account at Barclays Bank. Hamas...
Bitcoin News / Bitcoin.com - 1 year ago
In bombshell testimony on Tuesday, Caroline Ellison, former CEO of Alameda Research, accused Sam Bankman-Fried of directing her and others to commit fraud under his leadership at FTX and Alameda. Taking the stand in a red dress, Ellison stated “...
Bitcoin News / Bitcoin.com - 1 year ago
A new report from Fidelity Digital Assets argues that Bitcoin is fundamentally different from other digital assets and should be evaluated separately when constructing crypto investment portfolios. Fidelity Digital Assets Highlights Distinctive...
Bitcoin News / Bitcoin.com - 1 year ago
Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary Wang...
Bitcoin News / Bitcoin.com - 1 year ago
Since 2016, Simplex’s bond with Bitcoin.com has continued strengthening, aimed at streamlining access to cryptocurrencies and increasing adoption globally. As part of Nuvei, a NASDAQ listed company with over 20 years in payments, Simplex combi...
Bitcoin News / Bitcoin.com - 1 year ago
A week ago, at block height 810,432, Bitcoin miners dealt with a 0.35% rise in difficulty. Yet, on October 8, the Bitcoin hashrate soared to a new record. According to the seven-day simple moving average (SMA), it touched an impressive 440 exahash pe...
Bitcoin News / Bitcoin.com - 1 year ago
Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos reb...
Bitcoin News / Bitcoin.com - 1 year ago
On Monday, as tensions escalated between Israel and Hamas militants from the recent weekend skirmishes, the Israeli shekel plummeted to its weakest level in seven years. Responding to the declining currency, the Bank of Israel unveiled a strategy to...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin consolidated recent losses on Tuesday, as focus shifts to Wednesday’s Federal Open Market Committee (FOMC) minutes. Traders will look for guidance from the report, to see the Fed’s stance on the economy, after opting to keep rat...
