Bitcoin News / Bitcoin.com - 2 years ago
According to a July 4, 2023 press release from the Danish Financial Supervisory Authority, Denmark’s Saxo Bank has been instructed to liquidate its holdings of cryptocurrency assets. The financial regulator maintains that Saxo Bank’s po...
Bitcoin News / Bitcoin.com - 2 years ago
Throughout the past week, the Bitcoin blockchain has successfully confirmed over 187,000 unconfirmed transactions, as shown by recent statistics. This has not only reduced a significant portion of the congestion but also led to a decrease in onchain...
Bitcoin News / Bitcoin.com - 2 years ago
In the first half of 2023, eye-opening statistics reveal that bitcoin (BTC), the leading cryptocurrency, demonstrated remarkable performance by surpassing various significant assets such as the Nasdaq Index, Nikkei 225 Index, Dow Jones, S&P 500,...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin cash was once again in the red on July 5, as traders continued to secure gains following a recent 15-month high. The token fell for a third straight session, whilst the overall global crypto market cap also slipped on Wednesday. Monero was an...
Bitcoin News / Bitcoin.com - 2 years ago
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin dropped below $31,000 on Wednesday, as markets consolidated ahead of the upcoming U.S. Federal Open Market Committee (FOMC) minutes. The minutes of last month’s meeting are expected to show the Fed’s potential path to further hi...
Bitcoin News / Bitcoin.com - 2 years ago
Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. In a world stifled by bureaucracy and conformity, anonymous Bitcoin ATM operator Shitcoins.club stands as a beacon of rebellion and disruptive technology. Their CEO, a visionary with a penchant for challenging norms, declared, ...
Bitcoin News / Bitcoin.com - 2 years ago
According to Cameron Winklevoss, the co-founder of the crypto exchange Gemini, a lawsuit will be filed on July 7 against Barry Silbert and the Digital Currency Group if the latter two fail to accept creditors’ “best and final offer....
Bitcoin News / Bitcoin.com - 2 years ago
Jinan, the capital of the Chinese province of Shandong, has recently included the digital yuan as a means of payment for its public transportation system. According to local sources, digital yuan payments were implemented on July 1 in all city buses...
Bitcoin News / Bitcoin.com - 2 years ago
Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country. Davidson explained that CBDCs corrupt money into a “tool for coercionR...
Bitcoin News / Bitcoin.com - 2 years ago
Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has slammed the U.S. Securities and Exchange Commission (SEC) for taking a wrong approach to regulating the crypto industry. “The SEC is not infallible. It makes mistakes,” the...
Bitcoin News / Bitcoin.com - 2 years ago
Chinese President Xi Jinping and Russian President Vladimir Putin have pushed for the increased use of national currencies in mutual settlements as more countries shift away from the U.S. dollar. “I consider it essential to increase the share o...
Bitcoin News / Bitcoin.com - 2 years ago
While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over 90%...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission’s (SEC) former head of internet enforcement has called the creation of a central bank digital currency (CBDC) “the most absurd financial idea in the history of monetary policy.” He warned that a centr...
Bitcoin News / Bitcoin.com - 2 years ago
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between Marc...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. LBank Labs, the venture capital arm of the global exchange LBank, has today announced the establishment of a $10 Million MEME Special Fund. The move is intended to encourage high-quality early-stage innovative MEME projects, foster ind...
Bitcoin News / Bitcoin.com - 2 years ago
Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit Insu...
Bitcoin News / Bitcoin.com - 2 years ago
Over the past week, U.S. president Joe Biden has been engaged in discussions regarding his economic agenda, commonly referred to as “Bidenomics,” with the aim of establishing a strong groundwork for his 2024 reelection campaign. Emphasizi...
Bitcoin News / Bitcoin.com - 2 years ago
Cardano was one of the notable gainers on July 4th, as the token jumped to a ten-day high in today’s session. The move came as the global cryptocurrency market was mostly in the green, despite the lower than usual market volume. Polygon also h...
Bitcoin News / Bitcoin.com - 2 years ago
During the initial half of 2023, Coinbase shares experienced a significant surge, rocketing over 30% this week as Nasdaq and Cboe refiled spot bitcoin exchange-traded fund (ETF) applications on behalf of numerous fund managers. The revisions highligh...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin moved back above the $31,000 level on July 4th, as U.S. traders celebrated the Independence Day holiday. As a result of the rally, the cryptocurrency remained near a one-year high in today’s session. Ethereum consolidated after Monday&...
Bitcoin News / Bitcoin.com - 2 years ago
According to Thailand’s securities regulator, digital asset service providers will be required to warn prospective investors of the risks that come with trading or investing in cryptocurrencies. The guidelines also state that starting on Aug. 3...
Bitcoin News / Bitcoin.com - 2 years ago
U.K. Finance, one of the largest finance membership organizations in the U.K., has issued its recommendations to the Bank of England regarding the issuance of a digital pound. The organization stated that individual holdings of the proposed central b...
Bitcoin News / Bitcoin.com - 2 years ago
While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when th...