Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just be...
Bitcoin News / Bitcoin.com - 1 year ago
Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150,000 fine to the National Futures Association (NFA) following allegations of an illicit bitcoin loan, according to an Aug. 20 decision by an NFA hearing panel. The fine addresses t...
Bitcoin News / Bitcoin.com - 1 year ago
The Supreme People’s Court of China, the highest court of law in the country, and the Supreme People’s Procuratorate have issued a joint document that interprets the current money laundering law and defines several issues related to its a...
Bitcoin News / Bitcoin.com - 1 year ago
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter...
Bitcoin News / Bitcoin.com - 1 year ago
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience...
Bitcoin News / Bitcoin.com - 1 year ago
Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government...
Bitcoin News / Bitcoin.com - 1 year ago
As bitcoin hovers just below the $60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $20.3 million at today’s rates. 2 Vintage Bitcoin Wallets Suddenly Awaken,...
Bitcoin News / Bitcoin.com - 1 year ago
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to min...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto investors are buzzing about PlayDoge (PLAY) as its presale enters the final stretch. The project has already managed to raise over $6 million in funding. And with only five days left before the presale closes, investors are rushing to secure P...
Bitcoin News / Bitcoin.com - 1 year ago
Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position a...
Bitcoin News / Bitcoin.com - 1 year ago
As Kamala Harris eyes the presidency, reports highlight the Harris-Walz campaign’s backing of President Joe Biden’s budget proposal. This plan seeks to raise capital gains to 44.6% and introduces a 25% minimum tax on unrealized gains for Americans wi...
Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $88.06 million, while ether ETFs experienced outflows totaling $6.49 million. Blackrock’s IBIT and ETHA led the charge, capturing the largest inflows of the day. Blackro...
Bitcoin News / Bitcoin.com - 1 year ago
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100 million fund supporting Web3 innovation. The fund aims to stimulate global Web3 growth and solidify the United Ara...
Bitcoin News / Bitcoin.com - 1 year ago
Binance and its former CEO, Changpeng Zhao (CZ), are facing a revived class action lawsuit in the U.S. District Court for the Western District of Washington, Seattle. The lawsuit, filed by three cryptocurrency investors, alleges that Binance facilita...
Bitcoin News / Bitcoin.com - 1 year ago
Roman Ziemian, co-founder of the cryptocurrency platform Futurenet, was arrested in Montenegro for allegedly orchestrating a $21 million cryptocurrency fraud scheme. The arrest was part of an international law enforcement operation involving Monteneg...
Bitcoin News / Bitcoin.com - 1 year ago
Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto se...
Bitcoin News / Bitcoin.com - 1 year ago
India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The RBI is actively involved in developing CBDC i...
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling underscores the rule of law in Web3 o...
Bitcoin News / Bitcoin.com - 1 year ago
A Utah woman, Krista Renae Stone, 23, was sentenced to 78 months in federal prison for attempting to orchestrate a murder-for-hire using the dark web, the U.S. Department of Justice (DOJ) announced on Monday. Stone targeted her ex-boyfriend’s new gir...
Bitcoin News / Bitcoin.com - 1 year ago
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive digital platform, includin...
Bitcoin News / Bitcoin.com - 1 year ago
Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting an...
Bitcoin News / Bitcoin.com - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
Former U.S. President and Republican presidential candidate Donald Trump stated on Monday that if elected, he would consider appointing Tesla CEO Elon Musk to a cabinet or advisory role. Trump praised Musk as a “brilliant” and “very...
Bitcoin News / Bitcoin.com - 1 year ago
Economist and gold advocate Peter Schiff predicts that “precious metals mining will be the best-performing sector” this decade. He highlighted that “gold mining stocks are a steal” and anticipates “a major bull market.&#...
Bitcoin News / Bitcoin.com - 1 year ago
Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move fol...
