A Bloomberg analyst says that the U.S. Securities and Exchange Commission (SEC) is gearing up to approve all bids for a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a lengthy thread on the social media platform X, James Seyffart says that the SEC making earlier-than-expected rulings on Franklin’s bids for a BTC ETF means […]
Saturn, a non-custodial peer-to-peer orderbook for satoshis, has successfully concluded its pre-seed funding round, securing over $500,000 in investments, according to a press release sent to Bitcoin Magazine. This raise was accomplished under the leadership of venture capital firm Big Brain Holdings, alongside the valued participation from UTXO Management, Kelsier Ventures, BOOGLE Syndicate, and various strategic […]
As the world hurtles into the future of decentralized finance and digital assets, regulatory bodies are grappling with the challenge of overseeing crypto firms that are beginning to emulate traditional banking services. In a recent interview, Andrea Enria, chair of the supervisory board at the European Central Bank (ECB), emphasized the need to regulate crypto […]
Bitcoin remains on track to seal its highest monthly close since May 2022, but BTC’s price is stubbornly rangebound.
The XRP price keeps being projected to enjoy a massive rally soon enough. Many have continued to speculate when this might happen. A crypto analyst has some answers, as he has highlighted three key indicators that could trigger this rally. Three Determinants For A “Parabolic Move” In a post shared on his X (formerly Twitter) […]
In an unexpected turn of events, the native token of Carbon Browser, $CSIX, has witnessed a remarkable surge of over 9% in the past 24 hours. This sudden bullish momentum can be attributed to a series of significant announcements and partnerships. Carbon Browser, a multifaceted web 3 browser offering services such as browsing, VPN, Multichain […]
The U.S. Securities and Exchange Commission (SEC) is reportedly still investigating Binance CEO Changpeng Zhao and the company’s US branch despite both parties already pleading guilty to other charges levied by the Department of Justice (DOJ). According to a new report by The Wall Street Journal, both Binance and Zhao will be probed for evidence […]
… cryptocurrency from major heists carried out by North Korea-linked hackers. The U.S. Treasury Department in a statement said virtual currency …
The United States’ approach to cryptocurrencies could do more harm than good and they risk losing major players by the time they “get their act together,” Cardano founder Charles Hoskinson has said. “When you look at some of the U.S. regulators, in particular, they’ve done a really good job of alienating most of the industry. […]
Bankrupt crypto exchange FTX has secured approval from the US bankruptcy court for the sale of crypto trust assets managed by Grayscale as part of efforts to make repayments to creditors. US bankruptcy judge John Dorsey issued the order according to a court document filed on Nov. 29, 2023. The trust assets were worth $774 […]
The UK government has tightened its grip on unpaid crypto taxes, urging users to voluntarily disclose capital gains or income related to cryptocurrencies like Bitcoin, NFTs, and utility tokens. Crypto users in the UK have been advised to declare their gains from cryptocurrencies to avoid penalties from the Treasury. In a recent announcement, the UK […]
Botanix Labs has officially launched the first-ever fully decentralized Ethereum Virtual Machine (EVM) equivalent Layer 2 on Bitcoin, according to a press release sent to Bitcoin Magazine. This represents over a year of dedicated research and development by the team, with a focus on enhancing user experience. “We want to make it as easy as possible to […]
Bitcoin ETFs could be subject to manipulation in the spot Bitcoin market. The SEC’s chief concern is figuring out how to prevent manipulation induced by ETFs.
November 29, 2023 – Willemstad, Curaçao Duelbits, a leading name in the global crypto sportsbook and casino gaming arena, is thrilled to unveil a groundbreaking collaboration with one of football’s most illustrious talents, Luis Suárez. This partnership celebrates Suarez’s remarkable legacy, including his victories in the Champions League, Copa America and securing the Golden Boot […]
In the last two months, Bitcoin (BTC), the world’s most valuable cryptocurrency, has been increasingly decoupling from XRP, the native currency of the XRP Ledger (XRPL), and BNB, the coin priming the broader Binance ecosystem. While this pans out, Dogecoin (DOGE) and Cardano (ADA) remain mostly correlated with Bitcoin. XRP, BNB Decoupling From Bitcoin While […]
A crypto analyst with a large following says that Bitcoin has printed its “parabolic signal” that suggests BTC is in the early innings of a strong bull market. Pseudonymous crypto analyst TechDev tells his 422,000 followers on the social media platform X that in terms of market liquidity, Bitcoin reached its bottom more than a […]
(Reuters) – Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to …
SEI just printed new all-time high (ATH) as market regained momentum
Measurable Data Token ($MDT) has caught the eye of the cryptocurrency market with a remarkable surge of over 117% in the past week, hitting a fresh yearly high at $0.1103. This unexpected upswing comes amid concerns about potential bearish trends tied to recent whale activity. In the face of initial expectations of a downturn, $MDT […]
[PRESS RELEASE – Vilnius, Lithuania, November 30th, 2023] ProBit Global is excited to announce that DXC, the utility token of the DeXagon metaverse, is now listed and available for trading on the Top 20 crypto exchanges. DeXagon aims to develop a new virtual reality, one that transcends the limits of current VR and emerges as […]
Swiss digital asset manager Pando Asset AG today filed an application with the SEC to offer a spot Bitcoin ETF in the U.S. The Pando Asset Spot Bitcoin Trust would offer investors shares backed by Bitcoin with Bank of New York Mellon as the administrator and Coinbase Custody as the fund’s custodian. A genuine Bitcoin […]
Helium Mobile, a wireless phone service built on the decentralized, crypto-powered Helium network, has been named the Official Wireless Sponsor of University of Miami Athletics, the company and school announced Wednesday. As part of the collaboration, Helium Mobile will host promotions and fan experiences at Miami Hurricanes home games across sports, including as yet unannounced […]
The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income.
The recent decision by Wallet of Satoshi to stop serving customers in the United States brings us to a crossroads in the evolution of Lightning’s use as a consumer tool. While it is trusted and custodial, Wallet of Satoshi has been invaluable in giving casual users a functional and reliable tool for small value payments […]
Paxos, a blockchain and tokenization infrastructure platform, has secured in-principle approvals from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA). The approvals pave the way for Paxos to issue USD and other currency-backed stablecoins, as well as provide crypto-brokerage and custody services through two regulated ADGM entities. Paxos Eyes Global Expansion for […]
Billionaire and Block co-founder Jack Dorsey is leading a new funding round that aims to decentralize the mining ecosystem of Bitcoin (BTC). According to a new press release, Dorsey has led a $6.2 million seed funding round to support the launch of Mummolin’s decentralized BTC mining protocol OCEAN. “Mummolin, Inc., announced today that it has […]
A closely followed crypto strategist believes that four altcoins including Solana (SOL), Chainlink (LINK) and Avalanche (AVAX) will witness a bearish December. Pseudonymous analyst Altcoin Sherpa tells his 198,900 followers on the social media platform X that he thinks SOL, LINK and AVAX will likely give up some of their gains before the next leg […]
In a recent announcement, bankrupt crypto lender Celsius has initiated additional withdrawals for certain eligible custody users. However, it’s important to note that only specific custody assets are currently available for withdrawal, while other cryptocurrencies such as Bitcoin (BTC) remain inaccessible. Starting November 29th, two groups, namely Class 6A General Custody Claims and Class 6B […]
Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to migrate.
Twitter and Block founder Jack Dorsey dives into decentralized Bitcoin mining industry, steering multimillion dollar investment into OCEAN
Bitcoin’s 30-day volatility has been trending lower than that of Nasdaq and S&P 500, according to recent data. This trend is noteworthy as it indicates a decrease in the price fluctuations of Bitcoin, a cryptocurrency known for its volatility. The data was provided by IntoTheBlock, a platform that offers real-time on-chain analytics and market intelligence […]