Category : Bitcoin.com

Bitcoin.com

‘Web3 Artists Offers Something Web2 Can’t – True Ownership’ — Palm Foundation Director

According to Andrea Lerdo, a director at the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not only exercise control over their content but to connect with their respective audiences in a way not possible on tradi...

Web3 Artists Offer Something Web2 Can’t – True Ownership — Palm Foundation Director

Solana Foundation Plans Expansion to Brazil With Over $10M in Investments

The Solana Foundation, the institution in charge of managing initiatives related to the Solana network, has announced it will expand to Brazil. According to local reports, the organization plans to launch a local team and invest over $10 million in s...

Defi Platform Radiant Capital Loses Digital Assets Worth $4.5 Million After Flash Loan Attack

Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5 million...

STX20 Protocol Demonstrates Potential for Scaling Bitcoin Ordinals on an L2 Network

According to developers behind the project, the debut of the STX20 protocol on Stacks’ Bitcoin layer two (L2) has marked a pivotal moment for Ordinals-style assets. Amid growing demand for innovative use cases in the Bitcoin ecosystem, the Stacks tea...

SEC Will Approve Spot Bitcoin ETF to Maintain Regulatory Control Over Crypto Industry, Analyst Says

Investment bank TD Cowen predicts the U.S. Securities and Exchange Commission (SEC) will approve a spot bitcoin exchange-traded funds (ETFs) by the Jan. 10 deadline as a “political necessity.” The bank’s analyst believes that the SE...

Robert Kiyosaki: Our Leaders Will Drive Us Into Depression, War — Reiterates Bitcoin Buy Recommendation

Rich Dad Poor Dad author Robert Kiyosaki has warned that our leaders will drive the U.S. economy into an economic depression and a war. The famous author has reiterated his recommendation to buy bitcoin amid high anticipation of the U.S. Securities a...

Peter Schiff Expects Spot Bitcoin ETFs to Bring Speculator Sell-Off, Minimal Institutional Demand

Economist and gold bug Peter Schiff expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to be a nonevent. The crypto skeptic explained that there is “really no need for a b...

Michael Saylor Selling $216 Million of Microstrategy’s Shares, Plans to Buy More Bitcoin

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Mystery Wallet Rockets to Top 10 Bitcoin Holders With 8,888 BTC New Year’s Gain

A bitcoin wallet, believed to be linked to Tether, the leading stablecoin issuer, has ascended to become the tenth largest holder of bitcoin. This elevation occurred after an accrual of 8,888 bitcoin from Bitfinex as the year concluded. Presently, th...

Matrixport Report Says SEC Unlikely to Approve Spot Bitcoin ETFs in January, Price to Drop Below $40,000

The crypto financial services platform Matrixport has said it does not see the U.S. Securities and Exchange Commission approving any spot bitcoin exchange-traded fund in January. In its latest report, the crypto platform said it foresees the price of...

Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence

Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra’s stablecoin. Additionally, last year, the New York Department of Financial Services (NYDFS) instructed Paxos...

Ethereum Technical Analysis: ETH Slides Over 8% Amid Downward Market Pressure

In the ever-volatile world of crypto assets, ethereum has exhibited a notable decline, with an 8.1% decrease in price over the past 24 hours. Technical indicators and chart patterns suggest a bearish sentiment in the air, urging traders to navigate w...

Bitcoin Technical Analysis: BTC 15th Anniversary Celebrations Marred by Market Mayhem

In the wake of bitcoin’s 15th anniversary, the cryptocurrency behemoth confronts a challenging market terrain, as its price dipped 6.7% to prices between $42,350 to $42,619 amidst swirling rumors of spot bitcoin exchange-traded fund (ETF) rejec...

Euro at 25: ECB President Christine Lagarde Calls Euro the ‘World’s Second Most Important Currency’

The president of the European Central Bank Christine Lagarde and fellow European Union leaders recently hailed the euro for its role in giving the bloc “greater sovereignty in a turbulent world.” The EU leaders added, however, that more s...

Report: Turkey Exits From Foreign Exchange Protected Deposit Program

On Jan. 1 Turkey ended its two-year-old foreign exchange (FX)—protected deposit program in what is seen as another step towards a return to orthodoxy. Treasury and Finance Minister, Mehmet Simsek also signaled the start of what he called a “per...

Study: Only 6% of Crypto Exchanges Integrated the Lightning Network

A new research study has partly attributed the growth in the use of bitcoin “as a transactional layer” to the increased number of crypto platforms that have joined the Lightning Network ecosystem. The study however found that ju...

Ordinals Founder Casey Rodarmor Warns Bitcoin Maxis That ‘Whining’ Makes Them ‘Look Weak’

Casey Rodarmor, the developer of the Ordinals protocol, has called out ideological Bitcoin maxis for their views on inscriptions and censoring transactions on the Bitcoin blockchain. Rodarmor stated that the “whining” around the protocol...

Jim Cramer: Bitcoin Can’t Be Killed — It’s a Technological Marvel That Is Here to Stay

Jim Cramer, the host of CNBC’s Mad Money show, has made some bullish statements regarding Bitcoin. Noting that the crypto cannot be killed, he emphasized: “It’s a technological marvel, and people have to start recognizing tha...

New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days

A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days. &...

SEC Still Processing Spot Bitcoin ETF Paperwork, Report

Anticipation of spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC) remains high, but the securities regulator reportedly still has a lot of paperwork to go through. While some speculate on a late-we...

Grayscale Updates Spot Bitcoin ETF Application but Left out Some Key Information

Crypto asset management firm Grayscale Investments has updated its spot bitcoin ETF filing in hope of being included in the initial round of decisions by the U.S. Securities and Exchange Commission (SEC). However, the firm has omitted some key inform...

Spot ETF Approvals Will See BTC Value Rising to $50,000 in January — Matrixport

The expected approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission will see the top crypto asset’s price jumping to $50,000 in January, the latest market preview by Matrixport has pre...

Steamboat Willie’s Mickey Mouse Goes NFT After Entering Public Domain

One of the first depictions of the Mickey Mouse character has finally entered the public domain, and it is now immortalized in a non-fungible token collection. A limited edition of 2,000 NFTs featuring the famous mouse in one of its first animated sh...

Black Swan Looms in 2024, Expert Warns of Unprecedented Economic Upheaval and US Election Disruption

The economic forecast for 2024 has undergone significant shifts, with lawmakers and the U.S. Federal Reserve anticipating a “soft landing” for the year. The prevailing belief is that while the economy will decelerate in 2024, th...

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