Category : Bitcoin.com

Bitcoin.com

JPMorgan: US Crypto Regulations Unlikely to Ease Despite SEC Legal Defeats

Global investment bank JPMorgan has warned investors that U.S. crypto regulations are unlikely to ease, even though the Securities and Exchange Commission (SEC) has lost several recent court cases against crypto firms. “It is far from clea...

South Korean Crypto Exchange Bithumb Eyes IPO in Move to Challenge Upbit’s Market Dominance

Local reports suggest that Bithumb, a prominent crypto exchange in South Korea, is contemplating a public listing in 2025. Insider information indicates that Bithumb is considering a debut on Kosdaq and might transition to the Korea Exchange (KOSPI)...

Ethereum Transaction Fees Climb 219% in 3 Weeks as Onchain Crypto Transfers Become Pricier

Over the last three weeks, the transaction costs for bitcoin (BTC) have climbed sharply, reaching a peak of $15 per transfer just three days ago. Similarly, the cost to transfer ethereum (ETH) has jumped significantly. In the span from October 22 to...

Bitcoin Difficulty Hits Record 64.68 Trillion Amid 5 Straight Increases Since September

On Sunday, November 12, 2023, Bitcoin’s difficulty metric climbed 3.55%, reaching a new peak of 64.68 trillion at block height 816,480. This adjustment marks the fifth consecutive rise in the network’s difficulty since September 19. ...

Bitcoin, Ethereum, and Crypto Google Searches Surge, Peaking in October Before Tapering Off

Over the 90-day stretch from August 13 to November 11, 2023, bitcoin (BTC) along with a broad array of crypto assets have posted substantial increases. Data from Google Trends in this timeframe indicates a surge in searches for “bitcoin,&a...

Bitcoin: ‘Stink Ball’ or ‘Exponential Gold’? Munger and Fidelity Director at Odds on BTC — Week in Review

Berkshire Hathaway billionaire Charlie Munger may think Bitcoin is a “stink ball,” but director of global macro at financial giant Fidelity, Jurrien Timmer, says the asset is “exponential gold.” Find out wh...

Bitcoin Technical Analysis: BTC Navigates Tides of Low Volume and Market Swells

On Sunday morning Eastern Time (ET), bitcoin’s trading value hovers slightly over the $37,000 mark per unit, peaking at $37,294 for the day. There’s a slight dip in BTC trading volume over the weekend compared to the previous weekday, t...

Onecoin ‘Compliance’ Head Pleads Guilty to Wire Fraud and Money Laundering Charges

Irina Dilkinska, the head of legal and compliance at Onecoin, has pleaded guilty to “wire fraud and money laundering charges.” The charges against Dilkinska relate to her role in organizing the transfer of $110 million in fraudulently obt...

Near Foundation and Polygon Labs Partner to Build Zero-Knowledge ‘Prover’ for WASM Chains

Near Foundation and Polygon Labs recently announced that they would build “a zero-knowledge (ZK) prover for WASM blockchains.” For WASM chains using the zkWASM prover, settling transactions will be more efficient and cost-effective with m...

Bitstream White Paper Proposes Bitcoin Payments to Disrupt File Storage Economy

Robin Linus, the creator behind BitVM — a computing construct atop the Bitcoin blockchain — released a new white paper on November 11, 2023, entitled “Bitstream.” The document explores a system aimed at reforming t...

US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are

U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker pointed out th...

US Government Remains Hostile Toward Crypto Despite Ripple’s SEC Win, Says CEO

Ripple’s CEO says the U.S. government is still hostile toward crypto despite the cryptocurrency firm’s victory against the U.S. Securities and Exchange Commission (SEC). “Until that changes, the banks in the United States are not going to engag...

Rich Dad Poor Dad Author Robert Kiyosaki Reveals Why He Keeps Buying Bitcoin

Robert Kiyosaki, the author of best selling book Rich Dad Poor Dad, has revealed why he keeps buying gold, silver, and bitcoin. “Our leaders want more war and poverty,” he stressed, noting that the three investment types provide...

Economist Peter Schiff: Complete Separation of US-China Economies Would Be ‘a Disaster for America’

Economist Peter Schiff has warned that a complete separation of the Chinese and U.S. economies would be “a disaster for America, but a boon for China.” He explained: “Americans would be stuck with fewer goods and higher prices, while the Chines...

Solana’s Rally Hits 184% Gain in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours

This weekend, the crypto community’s buzz centered on solana (SOL) and its notable surge in value against the U.S. dollar over the previous week. SOL has posted an 11% gain in the last 24 hours, with a striking 45.2% uptick over the week, asce...

Arthur Hayes Insists Bitcoin Has ‘Proven to Outperform Bonds During Times of War’

In an environment of surging U.S. deficits and monetary easing, former Bitmex CEO Arthur Hayes delivered a critical review this week of Treasury Secretary Janet Yellen’s fiscal and monetary strategies. Hayes highlighted the complexity and rise...

Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns

The credit agency Moody’s has revised the United States credit outlook to “negative” from “stable” due to concerns over persistent large fiscal deficits and diminishing debt affordability. The announcement follows a prev...

Gamefi Tokens’ Valuation Swells by $4.5 Billion, Eclipsing AI Crypto Sector’s Growth

Over the last month, the crypto market has seen appreciable gains, reaching a valuation of $1.4 trillion. Certain areas, however, have registered more pronounced increases against the U.S. dollar. Data reveals that the top gaming tokens from the game...

Weekly Market Recap: Crypto Economy Surges to $1.4T as FTT and ORDI Outshine the Rest

This week, the crypto economy climbed to the $1.4 trillion range as dozens of virtual assets witnessed gains. From November 4 to Saturday, November 11, 2023, several crypto assets recorded triple-digit weekly gains, and a great deal captured double-d...

European Union Finalizes Digital ID Wallet Agreement, Hints at Digital Euro Integration

The European Parliament and the Council of the European Union (EU) have finalized the agreement that will allow the implementation of a continent-wide digital ID wallet program. The agreement, which needs to be ratified at the parliamentary level, wo...

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