The regulator’s examination will assess whether the collaboration constitutes an “acquisition of control,” implying substantial influence of one party over another.
The Solana (SOL price has risen by more than 14% in the last 24 hours and is now trading above $71. Here are the major reasons for SOL’s latest price rally. #1 Solana Price Follows Bitcoin’s Chart Pattern The Solana price is on the verge of mirroring the price action of Bitcoin (BTC) from last […]
[PRESS RELEASE – GRAND CAYMAN, Cayman Islands, December 7th, 2023] Only 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains Sui, the groundbreaking Layer 1 blockchain created by the technology experts who led Meta’s Diem blockchain initiative and created the Move smart contract language, continues its explosive ascent […]
HIVE Digital Technologies, a cryptocurrency mining and data center operator, has announced its Bitcoin (BTC) production from November and data center acquisition details. According to the latest numbers, the company mined 276.3 BTC last month, rising from October’s dip of 265.9 BTC. HIVE Provides Bitcoin Mining Update The company’s latest mining numbers equate to an […]
In fact, 2022 was a bloodbath for the cryptocurrency industry and stocks, as high interest rates incentivized capital to flow into stable savings …
Hundreds of billions of dollars worth of fines have been paid by the four biggest banks in the US as JPMorgan’s chief executive sounds off against digital assets, saying they are for criminals. According to corporate misconduct data aggregator Violation Tracker, the big four banks of the US – Bank of America, Wells Fargo, Citigroup, […]
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. I always find it funny when I am attending a Bitcoin event like Bitcoin 2023 — or next year’s Bitcoin 2024 in Nashville — and a fight fan recognizes me with a bewildered look in their […]
Bitcoin life insurance innovator Meanwhile Group has come out with a private credit fund denominated in Bitcoin BTC $43,410 . The closed fund will offer investors a “conservative” yield in Bitcoin and lend funds in BTC to institutional counterparties at the managers’ discretion. Meanwhile Advisors are targeting a 5% yield on the Meanwhile BTC Private […]
Shibarium’s burning mechanism has been in the limelight of late, especially with the recent record of over 8 billion Shiba Inu tokens burnt in a single day. This burning mechanism seems to have undergone an update, which could further enhance its performance. Shibarium Undergoes Swift Hard Fork A screenshot containing a discord message from DaVinci […]
Billy Markus who, co-created Dogecoin and became cryptocurrency influencer over past few years, has revealed how much Bitcoin he holds
Over the last 24 hours, Cardano’s native cryptocurrency, ADA, has experienced a remarkable surge, witnessing an impressive increase in market capitalization exceeding $1 billion. This surge has propelled Cardano to a total market capitalization of $15.83 billion, solidifying its position as the 8th-largest cryptocurrency according to CoinMarketCap. In this recent surge, ADA has exhibited notable […]
options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space. Unlike futures contracts, BTC options come with predetermined expiration prices, offering valuable insights into traders’ expectations and the markets’ sentiment. At the forefront of the […]
Anatoly Legkodymov, co-founder and main shareholder of Bitzlato, a cryptocurrency exchange in Hong Kong, has admitted his guilt in federal court in Brooklyn. The indictment centers on the operation of an illegal money transmission business, facilitating the transportation and transfer of illicit funds. According to the statement from the U.S. Attorney’s Office of the Eastern […]
TL;DR Solana’s Rapid Growth: Solana (SOL) has surged 400% in six months, recently jumping 15% in a day to exceed $72, marking its highest price since May 2022. Jito Airdrop’s Impact: The distribution of Jito tokens to Solana users might have contributed to SOL’s recent price increase. Robinhood’s Influence: SOL’s valuation could have also been […]
BBVA Switzerland has entered into a collaboration agreement with the blockchain company Metaco to host its digital asset custody service on the Harmonize platform, marking a notable step in its crypto strategy. BBVA’s Strategic Partnership with Metaco The move emphasizes security standards and increased transactional agility. The partnership also lays the foundation for BBVA to […]
One of the largest banks in France is reportedly becoming the first traditional finance (TradFi) institution to issue its very own stablecoin. According to a new report by The Financial Times, French bank Societe Generale (SocGen) has launched its own Euro-pegged digital asset – dubbed the EUR ConVertible – on the Luxembourg-based crypto exchange platform […]
JAN3, a leading Bitcoin technology company, has unveiled its latest venture, JAN3 Financial, aimed at onboarding nation-states and high net worth individuals to Bitcoin, according to a press release sent to Bitcoin Magazine. This move attempts to address the growing demand for acquiring and securing Bitcoin among nation states, public entities, corporations, and high-net-worth individuals. […]
Through a meticulous dissection of the potential repercussions of quantum computing on cryptocurrency security, this article endeavors to …
Since October 2023, Solana (SOL), often called the Ethereum killer, has seen significant network and price action growth. However, everything points out that the most notable growth in recent months has been in SOL’s price, which has surged over 368% year-to-date, taking the token from a low of $7.95 in 2022 to a now staggering […]
Shiba Inu’s most recent price increase let everyone know that it is not giving up at all
The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after being arrested and charged in Montenegro.
The Cirus Foundation, a Web3 initiative based on blockchain technology, has joined forces with Shift Markets, a prominent crypto exchange infrastructure provider. This will be inorder to spearhead the creation of non-custodial wallets seamlessly integrated with a global centralized exchange network. We’re excited to announce our partnership with @shiftmarkets! This development is a first of […]
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong gaming firm to invest $100M in crypto Boyaa Interactive International, a publicly-traded Hong Kong holding company specializing in online card and board games, wants to secure the approval of its shareholders to invest $100 million in crypto. According to […]
A popular crypto analyst is laying out his timeline for Bitcoin (BTC) to surge to a new all-time high. In a new YouTube video, the anonymous host of InvestAnswers says $100,000 is an “easy, achievable target” for the king crypto during its next bull run. The InvestAnswers host says Bitcoin hitting $45,000 before Christmas is […]
A closely followed crypto analyst says that Ethereum (ETH) rival Solana (SOL) is gearing up to continue its rally to the upside. Pseudonymous crypto strategist Altcoin Sherpa tells his 200,700 followers on the social media platform X that he believes the smart contract platform will go much higher in the future, however, he warns traders […]
Changpeng Zhao, the founder and former CEO of Binance, must stay in the United States until his sentencing is scheduled in February, a US federal judge ruled on Thursday. The decision overruled Zhao’s previous bail agreement that allowed him to visit his UAE residency but needed him to return to the US two weeks before […]
Cryptocurrency short sellers experienced a turbulent year in 2023, grappling with mark-to-market losses amounting to $6.05 billion. These losses were primarily driven by the remarkable performance of Bitcoin and other digital currencies since the beginning of the year. Crypto Prices Soar in 2023, Short Sellers Feel the Heat According to a report published on December […]
The cryptocurrency market experienced a tumultuous day with drastic movements in the price of Bitcoin, leaving more than 65,600 traders in losses of a combined total of $150 million. This event was triggered by a sudden pullback followed by an unexpected recovery in the price of Bitcoin. According to data from CoinMarketCap, Bitcoin price initially […]
Venture capital firm Andreessen Horowitz (a16z) has revealed its top trends for 2024, with a strong focus on the potential of blockchain technology and artificial intelligence (AI). The firm believes that these technologies will play a crucial role in the future of the Internet, often referred to as Web 3.0. A16z predicts significant improvements in […]
On November 20, the Securities and Exchange Commission (SEC) instituted a civil enforcement action against Kraken, a major U.S. cryptocurrency …
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Despite a few apparent setbacks, like the change of leadership at Binance, Bitcoin’s ongoing upward trend […]
A dormant Ethereum whale has resurfaced, moving their 39,260 ETH worth approximately $87.5 million. According to data from Lookonchain, this Ethereum whale with almost $90 million in ETH recently woke up and decided to move its mountain of digital assets to an exchange. Although it is unclear the motive behind this transfer, it appears to […]