Bitcoin News / Bitcoin.com - 1 year ago
Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand is going to exceed the...
Bitcoin News / Bitcoin.com - 1 year ago
Federal Reserve Chair Jerome Powell stated before the Senate Committee on Banking, Housing, and Urban Affairs that the United States is far from adopting or even recommending the introduction of a central bank digital currency (CBDC), emphasizing a s...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned about crypto investing. “This is a highly speculative asset class. One could just look at the volatility of bitcoin in the last few days,” he stre...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto analytics firm Arkham claims to have identified the bitcoin holdings of Elon Musk’s companies, Tesla and Spacex. “The on-chain fund flows we’ve identified match financial statements from Tesla and Spacex,” t...
Bitcoin News / Bitcoin.com - 1 year ago
In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s commitm...
Bitcoin News / Bitcoin.com - 1 year ago
Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC). Powell Assures No Direct Fed Accounts in CBDC Plans...
Bitcoin News / Bitcoin.com - 1 year ago
In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million. Canadian F...
Bitcoin News / Bitcoin.com - 1 year ago
In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling that favored his extradition...
Bitcoin News / Bitcoin.com - 1 year ago
As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in November 2023 that bitcoin will p...
Bitcoin News / Bitcoin.com - 1 year ago
The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $66,800 and $67,000...
Bitcoin News / Bitcoin.com - 1 year ago
According to the latest data, bitcoin has been trading above the $67,000 mark, with average network transaction fees experiencing a 288% increase from $3 to $11.64 since Feb. 25, 2024. Meanwhile, BTC has consistently stayed over the $60,000 level for...
Bitcoin News / Bitcoin.com - 1 year ago
The recent adoption of cryptocurrency by traditional financial (tradfi) institutions is likely to reshape user perceptions of this asset class and may even foster broader acceptance of blockchain technology, Sami Start, co-founder and CEO of the cryp...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. LBank Labs, a prominent blockchain venture fund, has invested in Versatus, the Universal dApp Engine, to address one of the most critical roadblocks in realizing Web3’s immense promise – the developer shortage. Despite over...
Bitcoin News / Bitcoin.com - 1 year ago
As the 2024 US presidential election approaches, memecoins named after Donald Trump (TRUMP) and Joe Biden (BODEN) are experiencing significant fluctuations, reflecting their popularity and potential as prediction markets. The Trump-inspired TRUMP tok...
Bitcoin News / Bitcoin.com - 1 year ago
Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralizat...
Bitcoin News / Bitcoin.com - 1 year ago
A U.S. district judge has sided with the Securities and Exchange Commission (SEC) in a ruling that declares the trading of certain crypto assets on secondary markets to be securities transactions. This decision emerged from an insider trading case in...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) has leveled charges against Shapeshift AG, accusing the company of operating without proper registration. This case has ignited a broader conversation on the regulatory framework for crypto assets, wi...
Bitcoin News / Bitcoin.com - 1 year ago
As bitcoin’s value teeters on the brink of setting new price records, a significant batch of vintage bitcoins dating back from 2010 to 2017 has been transferred for the first time since their initial creation. Present data reveals that in the...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Game-changing capital formation platform Bionic DAO today unveiled a list of the big-name sector leaders who have agreed to join its new Advisory Board ahead of the platform’s launch in Spring 2024. The stellar list of names signing up...
Bitcoin News / Bitcoin.com - 1 year ago
According to blockchain analytics, the Ethereum Name Service (ENS) domain “vitalik.eth” has engaged in a transaction of $100,000 worth of ether, converting it into an equal amount of stablecoins on the Base blockchain. The addre...
Bitcoin News / Bitcoin.com - 1 year ago
The digital asset known as maga (TRUMP) has experienced significant appreciation, while a newer cryptocurrency, jeo (BODEN), has seen its value skyrocket by 1,597%, as per data from coinmarketcap.com. In the last 24 hours alone, BODEN has witnessed t...
Bitcoin News / Bitcoin.com - 1 year ago
Digital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a “...
Bitcoin News / Bitcoin.com - 1 year ago
In the dynamic landscape of cryptocurrency, where innovation drives market trends and investors seek the next big opportunity, predictions about the direction of the market hold significant weight. As anticipation builds for the anticipated 2024 bull...
Bitcoin News / Bitcoin.com - 1 year ago
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot bitcoin ETF now h...
Bitcoin News / Bitcoin.com - 1 year ago
After the former 45th President of the United States, Donald Trump, saw his cryptocurrency holdings exceed $5 million, just ten days later, the value of Trump’s digital asset collection has escalated to $7.5 million. This increase is largely d...