Category : Bitcoin.com

Bitcoin.com

Sources Say Hong Kong Set to Approve First Spot Bitcoin ETFs as Early as Monday

A recent report indicates that spot bitcoin exchange-traded funds (ETFs) are poised to receive approval from Hong Kong regulators as early as this Monday, as stated by “people familiar with the matter.” Harvest, Hashkey and Bose...

Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain

The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest S21...

While Some Think Bitcoin’s 12th-Largest Wallet Hides a Nation State, Onchain Data Shows an Exchange

This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’ following a significant deposit of 100 bitcoin on April 10, 2024. Despite numerous assertions that the wallet is associat...

Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing

As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on t...

Dfinity Foundation Launches Onchain Accelerator Platform

The Swiss-based not-for-profit organization the Dfinity Foundation has launched “a decentralized, onchain global acceleration platform.” The new accelerator will initially be funded by a $15 million grant from Dfinity and the ICP Asia All...

Yala Unveils Vision to Revolutionize DeFi With Bitcoin

PRESS RELEASE. [Singapore, April 12th 2024] Yala, a liquidity and stablecoin protocol, is excited to unveil its new vision for the future “to create a thriving, open ecosystem that unlocks the full potential of DeFi on Bitcoin”. This ambition reflect...

A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks

Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius 2024 Financial Planning Survey has found. The survey report asserts that Baby Boomers have “benefited greatl...

Venezuelan Probe Unveils Crypto Money Laundering Scheme Linked to Oil Sale Embezzlement; Kraken Involved

The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme derived from unregistered oil sales paid in different currencies and crypto. The former president of the state-owne...

Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million

According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for in...

Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence

Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, hav...

Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million

Rich Dad Poor Dad author Robert Kiyosaki says he believes that the price of bitcoin will reach $2.3 million, citing a prediction by Ark Invest CEO Cathie Wood. Meanwhile, he said stock, bond, and real estate markets are “set to crash,&...

7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead

Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the re...

Circle Unveils Smart Contract Service for Blackrock BUIDL Holders to Convert to USDC

On Thursday, the financial technology firm and stablecoin provider Circle introduced smart contract capabilities aimed at enabling holders of the Blackrock USD Institutional Digital Liquidity Fund (BUIDL) to exchange their shares for USDC through Cir...

43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million

Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects have...

Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow

U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193...

Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer

Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the fo...

Merlin Chain Sets New Standard for Blockchain Security and Innovation With State-of-the-Art Chain Architecture

PRESS RELEASE. Singapore, April 11th, 2024 — Merlin Chain, a trailblazer in Bitcoin-native layer 2 (L2) protocols, has rolled out a comprehensive suite of security measures alongside revolutionary chain architecture. This initiative follows th...

First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui

The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transac...

Leaked Personal Info of Over 5 Million Salvadorans Apparently Linked to Chivo Wallet

A database with the personal information of over 5 million Salvadorans was recently leaked in a data breach forum. The database, which has been around since August and has recently been linked to Chivo, El Salvador’s national cryptocurrency wa...

Coinbase, A16z-Backed Web3 Ad Network Everyworld to Begin Community Airdrop

Everyworld, the Coinbase and A16z-backed Web3 advertising network, is set to start its community airdrop in the week of April 15th. Users who wish to participate in the airdrop must not be U.S. citizens or residents of 25 other countries, including A...

Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet

The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just...

Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years

Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions by the chairman of the State Duma Committee on the Financial Market...

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