Bitcoin News / Bitcoin.com - 1 year ago
The Indian Oil Ministry recently acknowledged that the country’s push to pay for oil with rupees has failed because suppliers are not sure if they will be able to repatriate their funds. The decision is intended to help diminish India’s relianc...
Bitcoin News / Bitcoin.com - 1 year ago
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three major banks, the largest the nation has historically seen. Amidst this chaos, crypto a...
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong’s financial regulator has published rules for spot bitcoin exchange-traded fund (ETF) issuers, allowing the use of both cash and in-kind creation models. This approach contrasts with the U.S. Securities and Exchange Commission (SEC),...
Bitcoin News / Bitcoin.com - 1 year ago
Grayscale Investments has adopted the cash creation model, instead of the in-kind model, for its proposed spot bitcoin exchange-traded fund (ETF). However, the crypto asset manager warned of adverse consequences. “A spot commodity exchange-traded pro...
Bitcoin News / Bitcoin.com - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
In a recent statement by Sergey Lavrov, Russia’s Foreign Affairs Minister, he noted that the BRICS bloc is set to expand in 2024 with new members including the United Arab Emirates (UAE), Iran, and Saudi Arabia. He revealed that approximately “...
Bitcoin News / Bitcoin.com - 1 year ago
Over the past year, bitcoin surged by 153%, with numerous other digital currencies also seeing substantial increases. Yet, assessing the top cryptocurrencies in relation to bitcoin’s performance, the annual shifts present a distinctly varied p...
Bitcoin News / Bitcoin.com - 1 year ago
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day,...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Vilnius, December 27th 2023 – Bit.Store, a web3 crypto card issuing infrastructure, is thrilled to announce its latest venture – the launch of Bit.Store on the Binance Mini Program. This strategic move marks a significant milesto...
Bitcoin News / Bitcoin.com - 1 year ago
Nasdaq-listed Microstrategy has bought 14,620 more bitcoin for approximately $615.7 million. The latest purchase raised the company’s cryptocurrency holdings to 189,150 bitcoin, acquired for about $5.9 billion at an average price of $31,168 pe...
Bitcoin News / Bitcoin.com - 1 year ago
Ethereum’s market behavior on Dec. 27, 2023 presents a complex tapestry of signals for traders and investors alike. Oscillating within a 24-hour price range of $2,189 to $2,290, Ethereum demonstrated a consolidation phase, subtly hinting at bo...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin’s current price steadies at $42,750 to $42,964 and an intraday range between $41,820 and $43,192. Despite the fluctuations, the market capitalization holds strong at $841 billion, with a 24-hour trade volume of $25.32 billion. Oscillat...
Bitcoin News / Bitcoin.com - 1 year ago
The International Organization of Securities Commissions (IOSCO) has urged regulators seeking to understand decentralized finance (defi) arrangements to identify individuals who “exercise control or sufficient influence at the enterprise level....
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. In the challenging global financial climate of 2023, LBank Labs, a $100 million fund and Fund of Funds, has made a strategic move by establishing its presence in Morocco. This decision, led by El Bachir Essamari and robustly supported...
Bitcoin News / Bitcoin.com - 1 year ago
Elon Musk, CEO of Tesla, Spacex, chairman of X, and the wealthiest man alive, has declared he doesn’t spend “a lot of time” thinking about cryptocurrency. In a recent X Space hosted by Cathie Wood, CEO of Ark Invest, the self-procla...
Bitcoin News / Bitcoin.com - 1 year ago
Nobel Prize winning economist Robert Shiller has warned against the effects that the confiscation of Russian assets in Western countries might have on the stability of the dollar-dominated financial system. According to Shiller, a move of this kind m...
Bitcoin News / Bitcoin.com - 1 year ago
2023 proved to be an extraordinary year for bitcoin and the broader crypto economy, surging significantly in value once the dust settled from the FTX debacle and as major players such as Blackrock and Franklin Templeton lodged applications for spot b...
Bitcoin News / Bitcoin.com - 1 year ago
Worldcoin, the biometric ID and digital wallet project, will now allow Minecraft server integration through one of its apps. A plugin called Luckperms, a Minecraft server mod, lets server admins tackle the bot problem by only giving access to the ser...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) has reportedly set a deadline of Dec. 29 for spot bitcoin ETF applicants to finalize their filing amendments. According to reports, the SEC has told spot bitcoin ETF issuers that applications that are...
Bitcoin News / Bitcoin.com - 1 year ago
The famous author of Rich Dad Poor Dad, Robert Kiyosaki, has shared how he made most of his money. He stressed that the future of stock and bond markets will depend on startups in resources, not Silicon Valley technology startups, predicting that res...
Bitcoin News / Bitcoin.com - 1 year ago
Three days ago, on Dec. 23, 2023, Bitcoin marked its 27th and final difficulty adjustment for the year. This year witnessed 27 shifts in epochs, with the most substantial one on Jan. 15 at block 772,128, seeing a surge in network difficulty by 10.26%...
Bitcoin News / Bitcoin.com - 1 year ago
A recent analysis indicates that Changpeng Zhao, Binance’s former chief, experienced a near $25 billion surge in his estimated wealth in 2023, while Coinbase’s Brian Armstrong enjoyed a $5.8 billion increase. Yet, topping the list was t...
Bitcoin News / Bitcoin.com - 1 year ago
Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members...
Bitcoin News / Bitcoin.com - 1 year ago
On Dec. 26, 2023, the Bitcoin-based BRC20 token, ORDI, soared to a record $81.34 per coin before declining over 14% from its peak. BRC20s have emerged as significant players in the crypto asset arena, with several tokens mirroring ORDI’s trajec...
