Category : Bitcoin.com

Bitcoin.com

Judge Greenlights Plea Deal in High-Profile Binance Case; CZ Faces Sentencing in 2024

A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for Feb...

US Lawmaker Blasts SEC for Deliberately Obfuscating Crypto Regulations — Questions Chair Gensler’s Personal Agenda

A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,” sa...

New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities

A bill has been introduced in the U.S. state of New Jersey to classify all cryptocurrencies issued and sold directly to institutional investors as securities. In contrast, the U.S. Securities and Exchange Commission (SEC) has previously stated that b...

Blackrock’s Spot Bitcoin ETF Filing Update Addresses Potential Classification of BTC as a Security by SEC

Blackrock, the world’s largest asset manager, has warned in its latest spot bitcoin exchange-traded fund (ETF) filing update of the potential for bitcoin to be classified as a security by the U.S. Securities and Exchange Commission (SEC), stat...

TEAMZ WEB3/AI Summit 2024: Japan’s Tech Spectacle on April 13-14 at Toranomon Hills

PRESS RELEASE. The TEAMZ WEB3 / AI SUMMIT represents an evolution from the TEAMZ WEB3 SUMMIT 2023, previously recognized as one the most significant and influential events in Japan’s Web3 landscape. For 2024, we’re expanding our focus to encompass bo...

Elon Musk’s X Secures 12 Money Transmitter Licenses — X.AI to Raise $1 Billion in Equity Offering

Elon Musk’s social media company, X, has obtained 12 money transmitter licenses across the United States. Furthermore, his artificial intelligence (AI) company, X.AI, stated in a filing with the U.S. Securities and Exchange Commission (SEC) its...

Coinbase Wallet Launches Global Money Transfers With Link-Based Payments

Coinbase has unveiled a new feature to its wallet service, streamlining international fund transfers. This new update aims to make the transfer of funds as effortless as sending a text. Coinbase Unveils Link-Based Money Transfer Service Coinbase (Nas...

Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million

DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation applic...

Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories

As bitcoin’s value soared to heights last witnessed on April 6, 2022, a multitude of crypto assets have also reaped benefits from the surge of the premier cryptocurrency. Yet, despite a significant number of these digital currencies experienci...

Bitcoin Technical Analysis: BTC Retraces at Formidable $44,500 Resistance Barrier

As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal cauti...

Crypto Markets Surge Wednesday, ADA, DOGE Up Over 10%; Bitcointalk Forum to Censor Mixer Discussions — Daily Price Update

#Crypto Markets Surge Wednesday, #ADA, #DOGE Up Over 10%, #BTC at $44K; Bitcoin Talk Forum to Censor #Mixer Discussions — Daily #Price Update pic.twitter.com/X9gvCvmO67 — Bitcoin.com News (@BTCTN) December 6, 2023   ADA and DO...

UNDP and Algorand Foundation to Launch Blockchain Academy in Q1 of 2024

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Report: Kenyan Parliament Committee Approves Bill Proposing to Widen Definition of Securities to Include Crypto

A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition of securities to include cryptocurrencies. The bill proposes a tax on crypto exchanges and digital wallets as well as a capital gains tax on users w...

Binance and CZ Settle With the DOJ and Other Federal Agencies

On November 21, 2023, the Commodity Futures Trading Commission (CFTC), the Department of Treasury’s Finance Crimes Enforcement Network (FinCEN), its Office of Foreign Assets Control (OFAC), and the Department of Justice (DOJ) all settled charges agai...

Gold Bug Peter Schiff Predicts Bitcoin’s Swan Song, Heralds ‘Spectacular Collapse’

Europac’s chief economist and known gold proponent Peter Schiff compared the gold and bitcoin rallies, explaining that the latest gold price pullback allowed bitcoin prices to pump. Nonetheless, Schiff believes that bitcoin will collapse specta...

Coinbase CEO Brian Armstrong: ‘Bitcoin May Be the Key to Extending Western Civilization’

Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as an...

SEC Makes ‘Materially False and Misleading’ Representations Against Crypto Firm — Judge Threatens Sanctions

The United States District Court for the District of Utah has expressed concerns that the U.S. Securities and Exchange Commission (SEC) is making “materially false and misleading representations” in its lawsuit against a crypto firm. The...

Large Asset Managers Getting Ready to Buy BTC Ahead of Spot Bitcoin ETF Launches, Says Moody’s Director

A senior director with Moody’s Analytics has highlighted the biggest driver behind the recent bitcoin price surge. “The race is heating up” to launch spot bitcoin exchange-traded funds (ETFs), he explained, emphasizing th...

Why Are Crypto Prices Up? Former SEC Official Says There Are 2 Reasons

The U.S. Securities and Exchange Commission’s former head of internet enforcement believes that there are two reasons why crypto prices are up. The first concerns regulatory oversight of the cryptocurrency industry, while the second revolves a...

Blackrock and Bitwise Update Their Spot Bitcoin ETF Filings Amid SEC Approval Hype

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Brazil’s Banking Behemoth Itau Unibanco Debuts Cryptocurrency Trading Services

Itau Unibanco, the largest private bank in Brazil, has launched cryptocurrency trading services for its customers. Through Ion, its financial services platform, Itau will first offer access to two cryptocurrencies, ether and bitcoin, opening this fea...

Mystery Bitcoin Whale Resurfaces, Transfers 1,000 BTC Worth $41M From String of 2010 Era Addresses

Emerging from obscurity since 2021, a prominent bitcoin whale, originating from the 2010 period, has recently transferred 20 block rewards, equivalent to 1,000 bitcoins valued at $41.87 million based on present exchange rates. This is not the whale&#...

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