Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin moved below $27,000 during Tuesday’s session, as the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance. The suit claims that Binance knowingly offered unregistered crypto products to U.S. customers. Ether...
Bitcoin News / Bitcoin.com - 2 years ago
National cryptocurrency exchanges have paused their activities in Venezuela according to reports, as the anti-corruption probe on national crypto watchdog Sunacrip and unlawful oil sales continues in the country. Tarek William Saab, attorney general,...
Bitcoin News / Bitcoin.com - 2 years ago
Steve Hanke, professor of applied economics at Johns Hopkins University, has criticized bitcoin, stating it is not a currency. The economist, known for his vocal opinions about crypto and for the promotion of dollarization initiatives in Latam, blast...
Bitcoin News / Bitcoin.com - 2 years ago
President Nayib Bukele is promoting El Salvador as the “new land of the free,” as part of an invitation for foreigners to move to the Latam country. Bukele tweeted a poster in vintage American style that included several advantages that t...
Bitcoin News / Bitcoin.com - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million i...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Every year, natural disasters like earthquakes, hurricanes, and floods hit countries around the world, severely damaging local infrastructure and homes and causing casualties. Individuals and communities in the catastrophe-hit areas su...
Bitcoin News / Bitcoin.com - 2 years ago
Ethereum co-founder Joseph Lubin says the strength of the crypto ecosystem “has never been better or stronger.” He believes “more clarity” from regulators would be helpful for the crypto industry.  ...
Bitcoin News / Bitcoin.com - 2 years ago
Market strategist Jeremy Grantham, co-founder of asset management firm GMO, has warned of “super bubbles” bursting. He explained that the Federal Reserve has “created an environment conducive to a chain-linked series of super bubble...
Bitcoin News / Bitcoin.com - 2 years ago
The CEO of investment management firm Vaneck has predicted a bull cycle for gold and bitcoin. “We are at the very beginnings of what could be a several-year cycle in gold, and I also put bitcoin in that category as well,” the executive sa...
Bitcoin News / Bitcoin.com - 2 years ago
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 e...
Bitcoin News / Bitcoin.com - 2 years ago
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and lo...
Bitcoin News / Bitcoin.com - 2 years ago
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insist...
Bitcoin News / Bitcoin.com - 2 years ago
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange brok...
Bitcoin News / Bitcoin.com - 2 years ago
Xrp moved back towards a five-month high on Monday, as prices surged for a third straight session. The token formerly known as ripple was one of the very few gainers to start the week, as markets mostly consolidated. Polygon edged closer to a multi-w...
Bitcoin News / Bitcoin.com - 2 years ago
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin. With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin. Moreover, the company al...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First Citizen Bank agreed to buy approximately $72 billion in SVB assets, at a discounted rate of $16.5 billion. Eth...
Bitcoin News / Bitcoin.com - 2 years ago
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while de...
Bitcoin News / Bitcoin.com - 2 years ago
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign cu...
Bitcoin News / Bitcoin.com - 2 years ago
The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins tha...
Bitcoin News / Bitcoin.com - 2 years ago
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyomi...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to p...
Bitcoin News / Bitcoin.com - 2 years ago
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as cust...
Bitcoin News / Bitcoin.com - 2 years ago
The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the community. Anatoly Legkodymov was arrested in January for his role in the trading platform which allegedly processed mi...
Bitcoin News / Bitcoin.com - 2 years ago
Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materi...
