Grayscale Bitcoin ETF share price plummets as clients keep withdrawing BTC

The European Securities and Markets Authority (ESMA) has released an Opinion concerning the authorization of global crypto firms under the Markets in Crypto Assets (MiCA) Regulation. This Opinion addresses the risks associated with crypto firms that seek EU authorization for activities such as crypto brokerage while keeping significant parts of their operations, such as intra-group […]

El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly …

Macro expert Luke Gromen says the winner of the November US presidential election can do something to effectively tame soaring inflation rates. In a new interview on the What Bitcoin Did YouTube channel, podcaster Peter McCormack asks Gromen what the next US president can do to strengthen the dollar and reverse the trajectory of “massive […]

The US government has reportedly moved more than $2 billion worth of Bitcoin (BTC) seized from the illicit online marketplace known as the Silk Road. The blockchain de-anonymizing platform Arkham Intelligence notes the government sent 10,000 BTC worth $669.35 million to one address and 19,800 BTC worth $1.33 billion to another. Arkham says the coin […]

The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the analysis posted on […]

The total value locked in liquid restaking tokens has risen over 8,300% since the beginning of 2024.

TL;DR BlackRock’s Decision: BlackRock, a major issuer of Bitcoin and Ethereum ETFs, has definitively ruled out launching a Solana ETF in the near future. Despite Solana’s rapid growth, BlackRock cites low demand and technical concerns as reasons for this decision. Investability Criteria: Samara Cohen, BlackRock’s CIO for ETF and Index Investments, emphasized that they evaluate […]

Bitcoin experienced a significant decline in new addresses at the beginning of June, reaching multi-year lows. However, this trend has reversed, with daily new addresses increasing by 35% since that low point, signaling renewed interest in the cryptocurrency. Bitcoin saw a significant dip in new addresses at the beginning of June, hitting multi-year lows. However, […]

TL;DR Binance will delist several trading pairs (such as ADA/TUSD and AEVO/BNB) and halt spot trading bot services for them on August 2. It also added new trading pairs like CKB/USDC and EOS/USDC to its margin trading options, enhancing diversification and flexibility for users. The Delisting Efforts The world’s largest cryptocurrency exchange will remove and […]

Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and cryptocurrency mining altered the industry landscape in 2021, leading to a significant exodus of miners that […]

Bitcoin ETF and institutional, Adam Back reveals what to expect soon

Ex-president, high-ranking officials lure crypto advocates to Bitcoin2024 event at convention center.

The founder and CEO of crypto-focused financial services firm Galaxy Digital, Mike Novogratz, is outlining what could happen to the digital asset space after the US general election. In a new interview on Bankless, Novogratz says that after the November election, the crypto is likely to get friendlier regulation and less hostile regulators. “I think […]

Bitcoin btc $65,944 -1.953% Jan 3rd, 2009 Cryptocurrency Layer 1 (L1) FTX Holdings Proof of Work (PoW) 24-Hour Range $65,563 $67,545 Low High Market Cap (Mcap) Rank #1 Mcap $1.30T Fully Diluted Mcap $1.38T Supply Circulating 19,733,440 Total 21,000,000 Created On Jan 3rd, 2009 All Time High (ATH) ATH $73.74k ATH Change -10.55% ATH Date […]

News Bitcoin Quant Analyst PlanB Says Rapid Doubling of Bitcoin Price Imminent – Here’s His Timeline Alex Richardson Quant analyst PlanB is predicting a big move for Bitcoin (BTC) will unfold by the end of this year, based… Bitcoin Presidential Hopeful Robert F. Kennedy Says His Administration Will Gobble Up 4,000,000 Bitcoin July 30, 2024 […]

On-chain data suggests that some Ethereum whales might be jumping off the bandwagon amidst the ongoing tug-of-war between bulls and bears. This phenomenon has become increasingly evident as transaction data from whale trackers reveals a significant uptick in whale activity over the past 24 hours. The majority of these transactions are directed towards various crypto […]

The Wisconsin Department of Financial Institutions is launching a new scam tracker based on consumer complaints to protect investors from crypto and investment fraud.

Russia on July 30 passed a law that will allow businesses to use cryptocurrencies in international trade, as the Kremlin seeks ways to circumvent …

The Department of Motor Vehicles (DMV) for the most populous state in the US is placing its vast and complex vehicle registration system on the blockchain. According to a new announcement from Ava Labs, the development firm behind Avalanche (AVAX) the State of California is using the chain to update its title transfer system. “What […]

Authorities in Hong Kong have arrested four people for allegedly defrauding victims out of cryptocurrency worth approximately $1.4 million using counterfeit cash. According to a South China Morning Post report, Hong Kong police have apprehended four people aged between 14 and 39 suspected of conspiring to defraud while possessing 5,000 counterfeit Hong Kong dollar (HK$) […]

TL;DR US Political Climate and Crypto Market Price Pressure: The approval of spot Bitcoin ETFs initially boosted Bitcoin’s price in the US. However, recent political developments, including a divide between parties on crypto issues, have negatively impacted bullish sentiment. Senator Elizabeth Warren’s Influence: Republican Senator Cynthia Lummis expressed concern about the Biden administration’s approach to […]

TL;DR Explosive Growth on Solana: PayPal’s PYUSD stablecoin has seen remarkable growth on the Solana blockchain since its May launch. However, it still holds a relatively small market share compared to other stablecoins. Distribution Breakdown: Solana-based PYUSD stablecoins have experienced a 230% increase in total circulating supply over the past 30 days, reaching nearly $252 […]

Nine years ago, Ethereum made history with the mining of its genesis block, ushering in a new era of digital currency with the world’s first ETH tokens. Since then, Ethereum has evolved into the cornerstone of a thriving decentralized finance ecosystem, pioneering innovations that are reshaping the future of finance. Nine years ago, the ethereum […]

Fairshake, a pro-crypto and blockchain Super PAC, has now outraised all other Super PACs in the United States heading into the 2024 federal elections. The interest group’s success reflects crypto’s surging role in U.S. politics, which has culminated in vocal support from politicians aiming to protect the industry’s interests. Fairshake PAC Raises $202 Million According […]

The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery […]

Popular meme cryptocurrency SHIB shows stunning rise in this key metric overnight

After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC had already been distributed to creditors via the Kraken and Bitstamp exchanges, with another 79,600 BTC to […]

Has AI Already Changed Gaming Forever? My Neighbor Alice Season 1 Beta Goes Live The post Telegram Game ‘Hamster Kombat’ Hits 300 Million Players, Reveals Token Allocation Plans appeared first on Crypto News Australia.

The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from.

An original Ethereum investor has suddenly moved millions of dollars of ETH after remaining inactive for years, according to blockchain tracking firm Lookonchain. Lookonchain notes that the whale participated in Ethereum’s 2014 initial coin offering (ICO) when they received 2,000 ETH, currently worth about $6.7 million. According to the firm, the whale just moved more […]

“Scammers are in the shadows using the public's interest in crypto assets to take advantage of the most vulnerable Wisconsinites,” said DFI Secretary …