Bitcoin News / Bitcoin.com - 1 year ago
On April 3, 2022, decentralized finance (defi) protocols held approximately $163 billion total value locked (TVL). By the start of January 2023, this amount declined to $38.30 billion. Concurrently, in April 2022, the leading defi tokens by market ca...
Bitcoin News / Bitcoin.com - 1 year ago
Some 41% of central banks that participated in the Official Monetary and Financial Institutions Forum (OMFIF) study said they expect to have an operational central bank digital currency (CBDC) by 2028. The survey found that the sentiment towards CBDC...
Bitcoin News / Bitcoin.com - 1 year ago
A recent report from Scam Sniffer, an anti-scam solution, revealed that MS Wallet Drainer, a cryptocurrency malware tool, has managed to siphon over $58 million in crypto since March. The drainer uses Google search and X ads phishing links as a distr...
Bitcoin News / Bitcoin.com - 1 year ago
The prosecutor’s office for Sofia, the capital city of Bulgaria, has dropped criminal proceedings against crypto lender Nexo. “The team of supervising prosecutors came to the conclusion that there was no evidence of committed crimes,̶...
Bitcoin News / Bitcoin.com - 1 year ago
The Chinese State Administration of Foreign Exchange (SAFE) has cracked down on an underground bank that used crypto to offer illegal exchange services. The operation, which had over 1,000 bank accounts and a presence in 17 provinces, moved over 15.8...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Congressman Tom Emmer has highlighted various crypto bills that passed out of the House Committee on Financial Services this year. Among them is his appropriations amendment barring the U.S. Securities and Exchange Commission (SEC) “from u...
Bitcoin News / Bitcoin.com - 1 year ago
Venture capitalist Tim Draper has doubled down on his $250,000 bitcoin price forecast. “I would say that my number $250,000 will probably come pretty soon,” he emphasized, predicting that if the price of bitcoin hits $250,000, &...
Bitcoin News / Bitcoin.com - 1 year ago
Nasdaq-listed crypto exchange Coinbase has responded to U.S. Senator Elizabeth Warren’s accusations that it hires national security veterans to oppose her legislation. “Your claim that Coinbase is attempting to undermine bipartisan legisl...
Bitcoin News / Bitcoin.com - 1 year ago
Several years ago, the landscape of ASIC bitcoin mining producers was diverse. Yet, over the recent couple of years, a select few top manufacturers have sustained the production of bitcoin mining rigs.
ASIC Mining’s Changing Landscape
Once, num...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Kartal, Istanbul β 25th December 2023 β Bixos, a leading force in blockchain innovation, is pleased to announce a historic moment in its journey with the revelation of its inaugural Real World Asset (RWA) investment at a recent event i...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. TAIPEI, December 25th 2023 β Dyson Finance, the game-changer in Decentralized Exchanges (DEX), has made waves in the past quarter on Polygon zkEVM and Linea, challenging the norm of DEXs grappling with Liquidity Provider (LP) profitabi...
Bitcoin News / Bitcoin.com - 1 year ago
While the meme coin pepe (PEPE) has risen by 29% in the last month and boasts a significant increase since its inception, a six-month review reveals a decline of over 8% in its value. Furthermore, despite its previous standing as the third-largest me...
Bitcoin News / Bitcoin.com - 1 year ago
On Nov. 26, Bitcoin.com News highlighted the crypto community’s anticipation and hope for a ‘Bitcoin Santa Claus rally’ to manifest this year. Following the data collected from Dec. 1 to Dec. 24, 2023, the recent increase of 15.9...
Bitcoin News / Bitcoin.com - 1 year ago
The Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users’ accounts or “wiping” out their profits. The MEXC team said it opposes ongoing attempts to defame its name and may resort to taking...
Bitcoin News / Bitcoin.com - 1 year ago
With its U.S. dollar value having risen by nearly 160% since the start of the year, bitcoin is set to end 2023 as one of the best-performing assets. Only semiconductor giant Nvidia’s stock has outperformed the top crypto asset in 2023 so far....
Bitcoin News / Bitcoin.com - 1 year ago
The Japanese government has approved a tax reform that removes some crypto taxes for corporations and conglomerates. The reform, discussed since early December, removes the unrealized gains taxes on crypto holdings for companies, paving the way for t...
Bitcoin News / Bitcoin.com - 1 year ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador passes a Bitcoin donation citizenship law, Argentina will allow the settlement of crypto-denomin...
Bitcoin News / Bitcoin.com - 1 year ago
Arthur Hayes, former CEO of Bitmex and cryptocurrency market analyst, pondered about the success of an upcoming spot bitcoin ETF and its effect on the future of bitcoin. Hayes states that the popularity of these ETF derivatives might concentrate the...
Bitcoin News / Bitcoin.com - 1 year ago
The Epic Games Store, the digital distribution storefront owned by Epic Games, has made changes that will allow some blockchain games to be listed on its platform again. Epic Games has announced that it will now admit games rated as “Adults Onl...
Bitcoin News / Bitcoin.com - 1 year ago
While no formal announcement has been made, murmurs of a potential Bitcoin fork are emerging amidst discussions on block space, Ordinal inscriptions, and escalating fees. Such speculation has led some to believe that a significant Bitcoin fork might...
Bitcoin News / Bitcoin.com - 1 year ago
On Dec. 23, 2023, Bitcoin’s mining difficulty soared to a record level at block height 822,528. The difficulty surged by 6.98%, marking the most substantial escalation in nine months, since March 23. This increment set a new precedent, making...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin options open interest has soared to unprecedented levels, surpassing the $18 billion threshold on Dec. 22, 2023. Currently, evidence indicates that bitcoin traders are leveraging bitcoin options to mitigate risk and speculate on the future pr...
Bitcoin News / Bitcoin.com - 1 year ago
In the last week, sales of non-fungible tokens (NFTs) have fallen by 12.26%, totaling $463.87 million, marking a decrease from the previous week. NFTs centered around Bitcoin topped the chart, amassing $265.61 million in sales, despite a 13.71% decli...
Bitcoin News / Bitcoin.com - 1 year ago
Trader and financial analyst Peter Brandt says that BTC “halving hype is a whole lot of excitement over nothing,” while developments point to imminent SEC action on the spot bitcoin exchange-traded fund (ETF) front. In other pop...