Bitcoin News / Bitcoin.com - 4 months ago
Financial giant ING has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. “We are currently forecasting 150bp of rate cuts in 2024 with a further 100bp in early 2025,” ING’s chief international e...
Bitcoin News / Bitcoin.com - 4 months ago
The CEO of Franklin Templeton, a $1.33 trillion asset manager, says there’s “obviously” a demand for bitcoin, noting that a spot bitcoin exchange-traded fund (ETF) is “a better way” to access the cryptocurrency. The executive added: “It’s...
Bitcoin News / Bitcoin.com - 4 months ago
A U.S. Space Force major has urged the Department of Defense to integrate Bitcoin as an “offset” strategy. Emphasizing that “Integration of this technology could revolutionize national defense strategies in cyberspace,” he str...
Bitcoin News / Bitcoin.com - 4 months ago
The bitcoin mining corporation Riot Platforms, a publicly traded firm within the industry, recently announced a significant expansion of its operations. The firm has completed its largest-ever acquisition of application-specific integrated circuit (A...
Bitcoin News / Bitcoin.com - 4 months ago
Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin miners...
Bitcoin News / Bitcoin.com - 4 months ago
Tether, the company behind the issuance of USDT, the largest stablecoin, has blacklisted more than 30 addresses that have received billions in USDT since their first use. According to blockchain intelligence firm Chainargos, the blacklisted addresses...
Bitcoin News / Bitcoin.com - 4 months ago
El Salvador’s head of state, Nayib Bukele, recently announced that the nation’s bitcoin investment has turned profitable, rebounding from a prolonged period of losses experienced during the majority of last year’s crypto winter....
Bitcoin News / Bitcoin.com - 4 months ago
Over the last week, both bitcoin and ethereum experienced significant upticks, with increases of 13% and 10% respectively. Meanwhile, an array of other cryptocurrencies achieved even more impressive growth during the same period. Notably, terra luna...
Bitcoin News / Bitcoin.com - 4 months ago
As ethereum marks a significant price of $2,250, its movement within a 24-hour range of $2,151 to $2,271 reflects strong activity in the crypto market. With a substantial trade volume of $26.82 billion and a market capitalization of $269 billion, eth...
Bitcoin News / Bitcoin.com - 4 months ago
On December 4, 2023, bitcoin’s price exhibited significant movements trading between $39,409 and $42,155 during the intraday sessions. The crypto asset briefly crossed the $42K zone — a height not seen since the Terra LUNA crash. Bitcoin’s curr...
Bitcoin News / Bitcoin.com - 4 months ago
Bitcointalk, a historic Bitcoin-focused forum, has announced it will start banning mixer-related topics next year. Forum administrator Theymos argued that while these services were not necessarily illegal, a pattern has emerged where these platforms...
Bitcoin News / Bitcoin.com - 4 months ago
Spanish law enforcement said on Dec. 1 it arrested a man accused by the U.S. of conspiring with Ethereum developer Virgil Griffith to help North Korea evade sanctions. A Spanish judge released the man who has since denied the allegations. Cao de Beno...
Bitcoin News / Bitcoin.com - 4 months ago
Digital assets worth just over $343 million were stolen from digital asset platforms in November alone. Centralized exchanges accounted for 53.8% of the total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks...
Bitcoin News / Bitcoin.com - 4 months ago
Jpm coin, JPMorgan’s official token, might be used to make interbank transactions now that it debuted on Partior, a blockchain-based banking settlement system. The platform, launched jointly by JPMorgan, DBS Bank, Temasek, and Standard Chartere...
Bitcoin News / Bitcoin.com - 4 months ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Colombian president met with a group of blockchain proponents, the Brazilian Senate passed a law taxing i...
Bitcoin News / Bitcoin.com - 4 months ago
Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion, w...
Bitcoin News / Bitcoin.com - 4 months ago
Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the indiv...
Bitcoin News / Bitcoin.com - 4 months ago
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners...
Bitcoin News / Bitcoin.com - 4 months ago
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s...
Bitcoin News / Bitcoin.com - 4 months ago
The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $50 billion threshold, standing at $48.91 billion currently. This figure marks a significant rebound from the low of $36.39 billion recorded 46 days ago, o...
Bitcoin News / Bitcoin.com - 4 months ago
PRESS RELEASE. Alchemy Pay, the leading fiat-crypto payment solution provider, has announced a new partnership with Trust Wallet, the leading self-custody and mutichain wallet with over 70 million users, enabling users to easily buy and sell crypto w...
Bitcoin News / Bitcoin.com - 4 months ago
The price of an ounce of pure gold has approached its highest historical level this weekend, reaching $2,071 per ounce. This peak nearly matches its record three years ago on August 7, 2020, when during the Covid-19 pandemic, spot gold prices soared...
Bitcoin News / Bitcoin.com - 4 months ago
Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside&a...
Bitcoin News / Bitcoin.com - 4 months ago
Institutional investors seeking to earn rewards from digital asset token staking must be aware of the associated risks and should take steps to protect their clients, Andrew McFarlane, CTO at the Web3 infrastructure company Validation Cloud, has said...
Bitcoin News / Bitcoin.com - 4 months ago
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn t...
