Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin saw a modest increase of 1.8% in the past 24 hours as of Dec. 9, 2023. Meanwhile, more than 17 crypto assets experienced much larger gains, ranging from 7% to over 35% in the same timeframe. Despite this rise in various altcoins against the U...
Bitcoin News / Bitcoin.com - 1 year ago
Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it’s our goal to make crypto more accessible and affordable to everyone, regardless of where they live,̶...
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong’s financial regulator has warned the public about two entities suspected of crypto frauds. In addition to issuing cease and desist letters to relevant website operators requesting them to cease offering crypto tokens for purchases, th...
Bitcoin News / Bitcoin.com - 1 year ago
Japan is considering exempting corporations from paying unrealized gains income taxes related to cryptocurrency holdings. The measure, proposed as part of a reform in Japan’s tax code, would allow companies to avoid paying taxes for cryptocurre...
Bitcoin News / Bitcoin.com - 1 year ago
Farzam Ehsani, the founder and CEO of the South African crypto exchange Valr, has stated that institutional traders account for the bulk of the African continent’s crypto trading volumes. To support this point, Ehsani referred to Valr’s...
Bitcoin News / Bitcoin.com - 1 year ago
The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the innovators and innovation fr...
Bitcoin News / Bitcoin.com - 1 year ago
A U.S. senator says Congress needs to regulate the crypto industry “with a light touch that doesn’t kill innovation in the U.S.” Noting that crypto “has the potential to disrupt much of the traditional banking model,” he stres...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to...
Bitcoin News / Bitcoin.com - 1 year ago
Thirdweb, a Web3 development framework provider, has announced that it has started mitigating a vulnerability that could potentially affect thousands of smart contracts across several networks. The vulnerability, uncovered in November, impacts variou...
Bitcoin News / Bitcoin.com - 1 year ago
Tarek William Saab, the Venezuelan attorney general, stated that Exxonmobil, a U.S.-based oil and gas company, used intermediaries and cryptocurrency to finance actions against the ballot where Venezuelans were consulted about their position on the o...
Bitcoin News / Bitcoin.com - 1 year ago
El Salvador has unveiled a new citizenship investment program, the “Freedom Visa,” open to a limited number of applicants. By investing $1 million in bitcoin or tether, participants can secure Salvadoran citizenship. El Sal...
Bitcoin News / Bitcoin.com - 1 year ago
In the last week, bitcoin’s value surged by over 14% while ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial...
Bitcoin News / Bitcoin.com - 1 year ago
On Friday, December 8, 2023, ethereum’s trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether’s market cap of $283 bi...
Bitcoin News / Bitcoin.com - 1 year ago
As bitcoin stabilizes near $43,654, its market dynamics reveal a mixture of optimism and caution. Oscillators are currently in a neutral to bearish state, and moving averages are indicating a robust buying trend, creating a complex scenario for inves...
Bitcoin News / Bitcoin.com - 1 year ago
Samourai, a privacy-focused bitcoin wallet, revealed the changes in the recent Bitcoin Knots software used by Ocean, a Bitcoin mining pool, censor Whirlpool transactions, a kind of coinjoin operation. The wallet explained that Ocean is pursuing a &am...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round. Bitmama’s...
Bitcoin News / Bitcoin.com - 1 year ago
The bitcoin held by institutional traders (INS) in their respective crypto portfolios saw an “almost twofold” increase in the initial three quarters of 2023. Institutional traders’ BTC allocation shifted from under 40% in...
Bitcoin News / Bitcoin.com - 1 year ago
Ray Youssef, the former CEO and founder of the peer-to-peer (P2P) bitcoin trading platform Paxful, has been appointed the chief executive officer of the P2P financial communication app Noones. Youssef also reiterated his belief that bitcoin will play...
Bitcoin News / Bitcoin.com - 1 year ago
United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order worth more than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard described the collaboration with Microbt as a reflection of his company’s “...
Bitcoin News / Bitcoin.com - 1 year ago
Changpeng Zhao, better known as CZ, the founder of Binance, has recently grappled with significant legal hurdles in the U.S. His guilty plea in a notable case led a Seattle federal judge to impose movement restrictions on him. Former Binance Boss CZ...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Peter Schiff says the only enforcement success of the Joint Chiefs of Global Tax Enforcement (J5) is its “failed” action against his bank, allegedly aimed to “put a stop to the suspected facilitation of offshore tax evasio...
Bitcoin News / Bitcoin.com - 1 year ago
Rich Dad Poor Dad author Robert Kiyosaki has warned that a soft landing for the U.S. economy is a fantasy, emphasizing that a crash landing is more likely. Noting that he already warned of this giant crash in his Rich Dad’s Prophecy book, the f...
Bitcoin News / Bitcoin.com - 1 year ago
JPMorgan Chase CEO Jamie Dimon told U.S. senators in a congressional hearing that he would close down crypto if he were the government. Emphasizing that he has always been “deeply opposed” to crypto and bitcoin, the executive stressed tha...
Bitcoin News / Bitcoin.com - 1 year ago
Brazil will address the subject of digital currencies and how they can improve the financial system for the Group of Twenty (G20). Roberto Campos Neto, president of the Central Bank of Brazil, stated he wants the G20 to consider the benefits of using...
Bitcoin News / Bitcoin.com - 1 year ago
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