Bitcoin News / Bitcoin.com - 1 year ago
The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an imported iron...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin mining company Iris Energy Limited said on Dec. 15 that it expects to take delivery of 8,380 new-generation T21 miners from Bitmain. Delivery of the mining machines is expected to help Iris Energy fulfill its goal of increasing its self-minin...
Bitcoin News / Bitcoin.com - 1 year ago
The government of Russia might allow crypto miners to sell their cryptocurrency like other exports such as gas. Ivan Chebeskov, deputy minister of finance, specified that this option was part of a bill to legalize cryptocurrency mining introduced in...
Bitcoin News / Bitcoin.com - 1 year ago
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. âOur goal is to make a more efficient, interoperable, and acces...
Bitcoin News / Bitcoin.com - 1 year ago
A finance professor at Georgetown University has urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation/redemption process for spot bitcoin exchange-traded funds (ETFs). While the SEC proposed the cash creation me...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has revealed that the regulator is taking a new look at spot bitcoin exchange-traded fund (ETF) applications based on recent court rulings. âWe had in the past denied a number...
Bitcoin News / Bitcoin.com - 1 year ago
In the IRSâs list of top 10 criminal cases for 2023, cryptocurrency frauds are featured, ranging from multi-million dollar tax evasions to elaborate money laundering schemes.
Crypto Scams Among Most Significant Financial Crimes in IRS Criminal...
Bitcoin News / Bitcoin.com - 1 year ago
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100 gra...
Bitcoin News / Bitcoin.com - 1 year ago
JPMorgan analysts predict ether, the main asset of the smart contracts enabled Ethereum blockchain, will likely outperform bitcoin next year. A note released this week explains that Proto-Danksharding, an update coming to Ethereum next year to addres...
Bitcoin News / Bitcoin.com - 1 year ago
In a newly published prediction report, Bitget, a leading derivatives crypto exchange, forecasts a vibrant future for the Bitcoin ecosystem, with BTC potentially soaring to $100,000 and the ORDI BRC20 token climbing the ranks in the next bull market....
Bitcoin News / Bitcoin.com - 1 year ago
On Dec. 15, 2023, a significant milestone was achieved in the Bitcoin blockchain world, just a day shy of the anniversary of the first Ordinal inscription. The total count of Ordinal inscriptions has impressively hit the 48 million mark. Despite init...
Bitcoin News / Bitcoin.com - 1 year ago
On Dec. 14, 2023, Ledgerâs Connect Kit, a Javascript library for wallet connectivity, suffered a significant exploit. This incident, which was contained within two hours, has brought forth a number of criticisms of Ledgerâs security pract...
Bitcoin News / Bitcoin.com - 1 year ago
As of Dec. 15, 2023, ethereumâs price exhibits intricate dynamics, standing at $2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend.
E...
Bitcoin News / Bitcoin.com - 1 year ago
As of Dec. 15, 2023, bitcoinâs price dynamics present a compelling narrative, marked by a blend of bullish trends and nuanced fluctuations. Following the U.S. Federal Reserve meeting on Wednesday, BTCâs price improved but has been in a...
Bitcoin News / Bitcoin.com - 1 year ago
Nearly half of the crypto exchange Binanceâs users list âearning extra income as their primary use for crypto.â The survey also revealed that 36% of the respondents consider âachieving financial security and independenceâ...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. 15th December 2023. SquidGrow, the meme-utility token co-founded by the elusive crypto whale Shibtoshi, continues to innovate with new ways to energize the community. These include developing a custom bridge and privacy cross chain agg...
Bitcoin News / Bitcoin.com - 1 year ago
Coinbase, the largest U.S.-based crypto exchange, has revealed Project Diamond, an initiative that seeks to provide the tools for institutions to issue native digital assets. The project, which integrates several technologies, including CoinbaseÌ”...
Bitcoin News / Bitcoin.com - 1 year ago
Howard Lutnick, CEO of Cantor Fitzgerald, a Wall Street private financial services company, has recently confirmed that they lent their services to Tether, the issuer of the biggest stablecoin in the cryptocurrency market. On CNBCâs Money Move...
Bitcoin News / Bitcoin.com - 1 year ago
On Dec. 12, Michele Bullock, the governor of the Reserve Bank of Australia, revealed that as much as 75% of Australians are now considered to be âlow cash users.â Bullock also noted that the reduction in the use of cash for transactions i...
Bitcoin News / Bitcoin.com - 1 year ago
Coinbase International is launching spot crypto trading for non-U.S. customers. “The launch and expansion of spot trading on Coinbase International Exchange will occur over several phases,” Coinbase detailed. “Our pri...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has affirmed that the securities regulator acts according to its authorities and how the courts interpret them. This includes how the agency plans to deal with spot bitcoin exchange-...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto asset manager Bitwise has unveiled 10 crypto predictions for 2024 that include bitcoin trading over $80,000, setting a new all-time high. The firm also estimates that spot bitcoin exchange-traded funds (ETFs) could capture $72 billion in asset...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Treasury Secretary Janet Yellen believes that inflation has come down meaningfully but thereâs still further to go for the Federal Reserve to achieve its 2% inflation target. She noted that the central bank has two risks to manage. â...
Bitcoin News / Bitcoin.com - 1 year ago
Matrixportâs research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts...
Bitcoin News / Bitcoin.com - 1 year ago
The unknown attacker that compromised Ledgerâs Connect Kit Library has reportedly siphoned $484,000 from wallets, according to the onchain intelligence firm Lookonchain. Ledger disclosed a former employee fell victim to a phishing attack and the atta...