Bitcoin News / Bitcoin.com - 1 year ago
Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environm...
Bitcoin News / Bitcoin.com - 1 year ago
Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and regio...
Bitcoin News / Bitcoin.com - 1 year ago
Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as th...
Bitcoin News / Bitcoin.com - 1 year ago
Supra is a next-generation, vertically integrated blockchain ecosystem with powerful smart contracts, native Oracles, cross-chain communication, automation, and more into one unified, shared security infrastructure. Josh Tobkin is the Co-Founder and...
Bitcoin News / Bitcoin.com - 1 year ago
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and...
Bitcoin News / Bitcoin.com - 1 year ago
Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across variou...
Bitcoin News / Bitcoin.com - 1 year ago
On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the record as...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. MultiBank Group, a prominent global financial institution, proudly announces the launch of MultiBank.io, its state-of-the-art cryptocurrency derivatives trading platform. This significant initiative heralds a transformative milestone i...
Bitcoin News / Bitcoin.com - 1 year ago
As of May 3, 2024, bitcoin’s price stands at $59,142, with a 24-hour intraday range of $57,789 to $60,000. The leading cryptocurrency maintains a market capitalization of $1.15 trillion and has recorded a trading volume of $28.43 billion over...
Bitcoin News / Bitcoin.com - 1 year ago
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved even as Riot...
Bitcoin News / Bitcoin.com - 1 year ago
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found...
Bitcoin News / Bitcoin.com - 1 year ago
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting...
Bitcoin News / Bitcoin.com - 1 year ago
Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Add...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. As a part of Bitcoin Asia Week 2024, the “Scaling Bitcoin Together” event will take place on May 11, 2024, in Hong Kong. This event will bring together top blockchain experts to discuss how to grow the Bitcoin ecosystem. Th...
Bitcoin News / Bitcoin.com - 1 year ago
JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing...
Bitcoin News / Bitcoin.com - 1 year ago
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosyst...
Bitcoin News / Bitcoin.com - 1 year ago
On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet...
Bitcoin News / Bitcoin.com - 1 year ago
Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States. On Thursday, Selkis voiced his concerns on the social medi...
Bitcoin News / Bitcoin.com - 1 year ago
Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid payin...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Road Town, British Virgin Islands — May 2, 2024. EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new era of Web3 interoperability. The investment has bee...
Bitcoin News / Bitcoin.com - 1 year ago
David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting...
Bitcoin News / Bitcoin.com - 1 year ago
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capit...
Bitcoin News / Bitcoin.com - 1 year ago
On May 1, 2024, U.S. spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan. 11, 2024. ETF Institute Co-Founder: ‘Inflows Don’t Go up in a Straight Line’ Data sourced from coinglass....
Bitcoin News / Bitcoin.com - 1 year ago
The Middle East and North Africa (MENA) lead the world in the adoption of blockchain and cryptocurrencies because governments in the region actively promote digital transformation in their strategic future visions, according to Faisal Al Monai, chair...