Bitcoin News / Bitcoin.com - 2 years ago
According to Ray Youssef, the CEO of Noones, peer-to-peer (P2P) bitcoin trading is the United States’ public enemy number one because its potential widespread adoption by people from the Global South represents the “world’s f...
Bitcoin News / Bitcoin.com - 2 years ago
Crypto exchange Coinbase says that it has “extensively prepared” for spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC). Most spot bitcoin ETF applicants have named the Nasdaq-...
Bitcoin News / Bitcoin.com - 2 years ago
The Avalanche Foundation, an institution that funds avalanche initiatives, has recently announced that it will start investing in meme coins. These purchases will be made using funds from the $100 million Culture Catalyst fund launched in 2022, and t...
Bitcoin News / Bitcoin.com - 2 years ago
Arthur Hayes, CIO of Maelstrom and former CEO of Bitmex, discussed the eventual demise of Tether and other stablecoin companies. Hayes explained that Tether’s business model, which consists of taking dollars and investing in treasuries, will e...
Bitcoin News / Bitcoin.com - 2 years ago
Crypto automated teller machines (ATMs) have experienced a decline this year, marking the first downturn since October 2013, with the total count dipping from 39,350 to the present 33,620. Approximately 5,730 cryptocurrency ATMs have been decommissio...
Bitcoin News / Bitcoin.com - 2 years ago
In a recent update, Ethereum co-founder Vitalik Buterin released an updated 2023 roadmap for the blockchain platform, detailing notable improvements and steadfast progress. Despite similarities to the previous year’s roadmap, the updated versi...
Bitcoin News / Bitcoin.com - 2 years ago
In December, bitcoin miners garnered the highest monthly revenue of the year, amassing $1.51 billion. Additionally, this month marked a record in fee collection, with miners securing $324.83 million in onchain transaction fees.
Bitcoin Miners Sm...
Bitcoin News / Bitcoin.com - 2 years ago
Over the past year, statistics reveal that 54,002 bitcoin blocks have been mined from Dec. 30, 2022, to Dec. 30, 2023. Leading the industry this year, Foundry USA topped the charts by mining 16,492 blocks in the past 12 months. Additionally, miners n...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has repeated earlier warnings about crypto “non-compliance” being a global “Wild West,” as speculative fever for BTC exchange-traded funds co...
Bitcoin News / Bitcoin.com - 2 years ago
The countries in the European Union collectively account for 6% of the Bitcoin network’s hashrate while the U.S. has emerged as the world’s number one bitcoin miner, a new report has said. The economic bloc’s bitcoin mining prospects are...
Bitcoin News / Bitcoin.com - 2 years ago
According to Peter Brandt, legitimate proprietary trading firms neither charge fees on traders nor impose “restrictions on trading style or markets.” The veteran trader branded as scams any prop firm that fails to adhere to the operating...
Bitcoin News / Bitcoin.com - 2 years ago
Mark Cuban, a Shark Tank star and the billionaire owner of the NBA team Dallas Mavericks, says the U.S. Securities and Exchange Commission (SEC) doesn’t protect anyone, calling the regulator “the Quickbooks of financial regulation.”...
Bitcoin News / Bitcoin.com - 2 years ago
Bitwise has revealed in an amended filing with the U.S. Securities and Exchange Commission (SEC) a plan to seed its spot bitcoin exchange-traded fund (ETF) with $200 million. This significantly exceeds Blackrock’s $10 million seed commitment fo...
Bitcoin News / Bitcoin.com - 2 years ago
Blackrock, the world’s largest asset manager, has named JPMorgan as a lead authorized participant for its spot bitcoin exchange-traded fund (ETF). This followed JPMorgan CEO Jamie Dimon stating in a congressional hearing that bitcoin and crypt...
Bitcoin News / Bitcoin.com - 2 years ago
The decision by the U.S. Department of Justice (DOJ) not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried (SBF) has outraged the crypto industry. Crypto exchange Coinbase calls the decision a “miscarriage of justice.” One lawy...
Bitcoin News / Bitcoin.com - 2 years ago
On Friday, Bit Mining Limited declared it had sold the mining pool operations of Btc.com to a Hong Kong limited liability company for $5 million. This transaction is anticipated to bolster the total equity of Bit Mining’s shareholders, continge...
Bitcoin News / Bitcoin.com - 2 years ago
While the meme coin phenomenon bonk (BONK) captivated users on the Solana network, the cryptocurrency recently witnessed a 41% decline over the preceding fortnight, accompanied by a 20.8% descent in the past week. Following its mid-December peak to a...
Bitcoin News / Bitcoin.com - 2 years ago
Major asset managers, including Blackrock, Fidelity, Bitwise, and Wisdomtree, submitted their revised spot bitcoin exchange-traded fund (ETF) filings shortly before the deadline set by the U.S. Securities and Exchange Commission (SEC) on Friday after...
Bitcoin News / Bitcoin.com - 2 years ago
In November, Bitcoin clinched the leading position in monthly non-fungible token (NFT) sales, and interestingly, this month Bitcoin continued to retain its top status, amassing a total of $853 million in sales.
NFT Sales Surge: Bitcoin Holds Top Spo...
Bitcoin News / Bitcoin.com - 2 years ago
The now-defunct crypto lender Celsius has received authorization to pivot to bitcoin mining, following approval from U.S. District Judge Martin Glenn of Manhattan for the firm’s revised strategy. This move comes after the company’s init...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission’s expected approval of bitcoin exchange-traded funds and Nigeria’s lifting of a directive which excluded the crypto industry from the banking ecosystem are expected to help revive African users&...
Bitcoin News / Bitcoin.com - 2 years ago
Ricardo Spagni, the former lead maintainer of Monero, one of the most used privacy coins in the cryptocurrency market, has called on Binance to take a stance on the issue of privacy coins. Spagni stated that avoiding taking sides in the process is a...
Bitcoin News / Bitcoin.com - 2 years ago
Rektbuilder, a developer, has stated that cryptocurrency hardware wallet company Ledger can track user identities, apps, and even cryptocurrency balances in the device through the use of Ledger Live, its wallet management software. The developer disc...
Bitcoin News / Bitcoin.com - 2 years ago
A director of digital assets strategy at asset management firm Vaneck says the U.S. Securities and Exchange Commission (SEC)’s cash-only requirement for spot bitcoin exchange-traded funds (ETFs) is “nonsense.” He predicted that it w...