Coinbase, a cryptocurrency exchange platform, has announced an expansion of its services, allowing eligible non-US customers to trade perpetual futures on Coinbase Advanced. For sophisticated retail traders worldwide, it provides an integrated platform to access both highly liquid spot markets and cutting-edge derivatives. This move is a response to the substantial demand within the crypto […]
A renowned accounting professor from the University of Notre Dame, Peter Easton, has delivered a stark revelation during the Sam Bankman-Fried trial. Easton’s meticulous analysis of Alameda Research and FTX’s financial records unambiguously affirms the mishandling of customer funds. The government enlisted Easton to conduct an exhaustive examination of the financial landscape of FTX and […]
The US Treasury Department has imposed sanctions on nine individuals of the Palestinian Islamist group Hamas and a Gaza-based cryptocurrency …
The Fantom Foundation has been hacked and exploited for millions of dollars in cryptocurrencies. The details from CeriK, a blockchain security firm, suggest that the funds were drained from Fantom’s crypto wallets through a phishing scam. However, the team of the protocol is currently digging to investigate the attack details. As a smart contract and […]
In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trends in crypto. Following The Trend, What To Look For At xDay 2023? […]
Sound Advisory / Unchained Unchained, a leading Bitcoin financial services provider, has launched its new service, Sound Advisory, per a press release sent to Bitcoin Magazine. This new platform offers registered investment advisor (RIA) services, specifically designed for investors looking to include bitcoin in their portfolios. The introduction of Sound Advisory comes at a time […]
Top global crypto exchange Binance has reportedly closed more than 100 accounts in response to Hamas’ deadly attack on Israel earlier this month. According to a recent report from the Financial Times, which cited “people directly familiar with Israel’s enforcement actions,” Israeli law enforcement agencies ordered the closures and seized millions worth of crypto in […]
Platform’s move caused enormous losses
Facing challenges in the US, the crypto exchange Coinbase has identified its primary global regulatory hub as Ireland. The platform has already applied for a license from the Central Bank of Ireland, aiming to align with new European regulations set to take effect in December 2024. Coinbase Chooses Ireland amid Regulatory Challenges in the US […]
The crypto exchange has applied for a license under the EU’s new Markets in Crypto-Assets with the Central Bank of Ireland and, if successful, will be able to “passport” its services across EU states.
A widely followed crypto analyst says the odds are looking good that Bitcoin (BTC) will not revisit its prior cycle lows. In a new strategy session, crypto trader Jason Pizzino tells his 290,000 YouTube subscribers that based on Bitcoin’s four-year cycle history, the king crypto will likely hold its key support levels and head into […]
To facilitate cryptocurrency transactions, integrate a payment processor or gateway. Providers like BitPay and CoinGate offer user-friendly plugins …
Bitcoin ASIC manufacturing giant – Bitmain – has reportedly fired four of its employees who leaked salary information and cited the “illegal publication of the company’s announcement on salary release” as the reason behind the move. It emphasized its “Management Standards for External Information Disclosure” once again in the notification, underscoring the requirement that employees […]
In a pivotal moment backed by pro-XRP lawyer John E Deaton’s sentiments, high-profile entrepreneurs Elon Musk and Mark Cuban, along with a consortium of prominent investors, have raised objections against the US Securities and Exchange Commission (SEC). This challenge comes in the form of an amicus curiae brief addressing the SEC’s litigation procedures. Elon Musk […]
A popular analyst says that after an abrupt move to the upside, Bitcoin (BTC) could remain in an uptrend. Pseudonymous analyst Cred tells his 53,500 subscribers of the TechnicalRoundup YouTube channel that if Bitcoin holds above a key level, it could indicate continued bullish momentum for the king crypto. BTC soared to as high as […]
Lightning Labs, the Bitcoin layer-2 infrastructure developer has recently released its Taproot Assets protocol on the main network. This initiative would eventually enable the issuance of stablecoins along with other assets on both Bitcoin and Lightning. Taproot Assets would grant users the necessary tools required to make Bitcoin a multi-asset network but in a scalable […]
Crypto analytics firm Santiment finds that large wallets are gobbling up the native asset of the decentralized oracle network Chainlink (LINK). Santiment notes that addresses holding between 100,000 and 1 million LINK have accumulated $38.5 million worth of the crypto asset in the past week. The firm says those significant wallet moves are “more relevant […]
Sound money is money that is not prone to sudden debasement. The conversation surrounding sound money has reached a critical point, given the present uncertainties in the global financial landscape. The spiraling debt of sovereign nations have heightened concerns about currency debasement. In contrast to fiat, which can be created out of thin air, sound […]
Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment.
Cryptocurrencies have heralded a new era in digital banking by giving individuals unparalleled control and sovereignty over their possessions. This newfound independence, however, comes with a tremendous responsibility: the need to effectively secure digital assets. Crypto wallets are crucial in this process because they act as digital vaults for holding and managing cryptocurrency. But, in […]
The prominent investor has three compelling reasons for his bullish stance on Bitcoin, all pointing towards one name
Over the past 24 hours, Bitcoin SV's (CRYPTO: BSV) price has risen 4.55% to $41.27. This continues its positive trend over the past week where it …
ARK Invest CEO Cathie Wood says that the U.S. Securities and Exchange Commission (SEC) is starting to show a change in attitude toward the firm’s application for a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new CNBC interview, Wood says that there’s been a healthy exchange of information between the SEC and ARK […]
The Biden administration is being called upon by over 100 lawmakers in the United States to clarify its efforts at combatting global terrorist financing using cryptocurrencies. The bipartisan letter follows reports that Hamas, the Islamist organization that launched attacks on Israeli civilians earlier this month, used crypto to raise millions of dollars over the past […]
Federal Reserve Bank governor Michelle Bowman says that the use case for a central bank digital currency (CBDC) in the US remains unclear. In a new roundtable speech at Harvard, Bowman says that there may be alternatives to CBDCs that already solve the same issues that a digital dollar purports to address. “It is quite […]
In a recently concluded voting program, it was revealed that over 92% of LidoDAO members (Lido token holders) of the decentralized liquid staking protocol Lido Finance, voted in favor of Lido ceasing its operations on the Solana Network. LidoDAO Cut Ties With The Solana Network Following Community Vote The proposal was first introduced by Lido […]
Bitcoin-focused company Lightning Labs has launched the Taproot Assets mainnet alpha daemon. Simply put, Taproot Assets uses Bitcoin’s technology to handle, create, and delve into stablecoins and other assets. Think of it as a modern financial tool, backed by Bitcoin’s known security and decentralized features. The current version, Taproot Assets v0.3, enables developers to transform […]
Decentraland Foundation executive director Yemel Jardis believes the NFT market slump is not a sign of regression but maturity.
Vitalik Buterin, the co-founder of Ethereum, has recently addressed the concerns of the crypto community regarding his large ETH transfers. He explained that he had not sold any ETH for personal gain since 2018 and that most of his transfers were donations to various causes and projects. Vitalik Buterin Breaks Silence Regarding Recent ETH Transfer […]
Bitcoin, the largest cryptocurrency by market value, climbed to a two-month high of $28,817 on Wednesday, as investors anticipated the approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. The rally was fueled by amendments to the spot Bitcoin ETF filings by Fidelity, Ark Invest, and Invesco, which indicated ongoing communication with the […]
To maintain its position among the largest exchanges handling Bitcoin (BTC) futures traffic, Bybit Institutional has launched its updated trading platform. The platform aimed at professional traders, a part of the Bybit exchange, has received a refreshed interface. According to the company, the update better reflects the range of innovations taking place in the rapidly […]
Renowned financial literacy advocate and “Rich Dad Poor Dad” author, Robert Kiyosaki, recently took to X to share his perspective on the impacts of inflation on different economic classes