Bitcoin News / Bitcoin.com - 1 year ago
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increas...
Bitcoin News / Bitcoin.com - 1 year ago
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies...
Bitcoin News / Bitcoin.com - 1 year ago
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering a notable 74 out of 100. Just a day earlier, the CFGI soared to an impressive peak of 7...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase toda...
Bitcoin News / Bitcoin.com - 1 year ago
A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court notice did not share reasons for the delay in Zhao’s sentencing while his lawyer reportedly decline...
Bitcoin News / Bitcoin.com - 1 year ago
Investors in the bankrupt cryptocurrency exchange Voyager Digital are suing the National Basketball Association (NBA), and New Jersey’s oldest law firm, McCarter & English. This emerging legal battle illustrates how even some of the largest and m...
Bitcoin News / Bitcoin.com - 1 year ago
Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by process...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. B2BinPay, a leading blockchain payment system, has announced the release of its new v19 update. This latest update introduces an array of new features and improvements, including innovative instant swaps and expanded blockchain support...
Bitcoin News / Bitcoin.com - 1 year ago
The Central Bank of the Philippines will develop a central bank digital currency (CBDC) in the next two years, according to Governor Eli Remolona Jr. The still unnamed CBDC will focus on the wholesale market and won’t use blockchain tech, inste...
Bitcoin News / Bitcoin.com - 1 year ago
Torrevieja, a city of almost 90,000 inhabitants, aims to become one of the first crypto-friendly locations in Spain. The city, in alliance with Apymeco, its merchant association, will incentivize using cryptocurrency as a payment option and give cour...
Bitcoin News / Bitcoin.com - 1 year ago
The Zimbabwean government plans to launch what it calls a “structured currency.” Some commentators and social media users have expressed skepticism over the government’s latest currency plans. Zimbabwe’s Structured Currency The Zimb...
Bitcoin News / Bitcoin.com - 1 year ago
Microstrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that following the rebalancing after the launch of spot bitcoin exchang...
Bitcoin News / Bitcoin.com - 1 year ago
Skybridge Capital founder Anthony Scaramucci has explained that it is not too late to buy bitcoin. With bitcoin’s price surging past $50,000, he anticipates that many are wondering if they’ve missed the opportunity to buy the crypto. Sc...
Bitcoin News / Bitcoin.com - 1 year ago
Economist and gold bug Peter Schiff has warned that the current bitcoin price surge looks like “another classic pump-and-dump.” Noting the significant excitement around the new spot bitcoin exchange-traded funds (ETFs), he expre...
Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging opportun...
Bitcoin News / Bitcoin.com - 1 year ago
Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its pric...
Bitcoin News / Bitcoin.com - 1 year ago
In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance Ripple’s portfolio of digital asset solut...
Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced a decline, Treasury yields climbed, and crypto assets...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. February 13, 2024. UniLend Finance, a leading decentralized finance protocol, has launched its revolutionary new version UniLend V2 on the Ethereum Mainnet. UniLend V2 marks a significant milestone as the first-ever permissionless lend...
Bitcoin News / Bitcoin.com - 1 year ago
Solana Mobile, a smartphone-focused subsidiary of Solana Labs, has announced that its second mobile phone, Chapter 2, has reached 100k preorders in less than 30 days, hitting a milestone that now guarantees the production of the hardware device. The...
Bitcoin News / Bitcoin.com - 1 year ago
Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%, setting the record for the steepest incre...
Bitcoin News / Bitcoin.com - 1 year ago
As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data shows that, in the last five days, stocks of many of these firms have experienced double-digit increases in value agai...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. USA, New York, February 13th, 2024 – CAGA Crypto, a growing project in decentralized finance, is thrilled to announce the successful start of three prominent airdrop campaigns that were launched on February 7, 2024. These campaigns off...
Bitcoin News / Bitcoin.com - 1 year ago
Imagine the scene: You’re sitting at the card table, and every hand you’re dealt is terrible. But the cards never get better; the dealer has full sight of the deck and sets the order of the cards before they’re played. The dealer always wins. The fol...
