Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, Montenegro’s appeals court overturned the extradition request for Terraform Labs co-founder Do Kwon. This reversal follows reports that Justice Minister Andrej Milovic had informally agreed to the extradition.
Kwon to Remain in Mont...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian cryptocurrency exchange platform Bitmama recently said it has temporarily suspended deposits due to “ongoing third-party maintenance.” Bitmama said that while earlier media reports about its suspension of deposits are correct...
Bitcoin News / Bitcoin.com - 1 year ago
The Bank of Korea governor Rhee Chang-yong recently stated that the growing stablecoin use threatens the operations of central banks. The possible involvement of global networks like Visa and Mastercard in the stablecoin business will likely undermin...
Bitcoin News / Bitcoin.com - 1 year ago
Experts highlight the critical need for China to learn from Japan’s prolonged economic stagnation, emphasizing the urgency to transition from manufacturing and investment reliance to boosting domestic consumption.
Similarities to Japan’s...
Bitcoin News / Bitcoin.com - 1 year ago
The Central Bank of Brazil opened a new public consultation to obtain feedback for regulating the operations of virtual assets service providers (VASPs) in the country. The bank organized a questionnaire of 38 questions divided into different themes...
Bitcoin News / Bitcoin.com - 1 year ago
Expanding the global reach of euro-based stablecoins, Circle has debuted its EURC token on the Solana blockchain, offering a fully reserved, euro-backed digital asset.
Circle Expands its Stablecoin Portfolio With EURC Launch on Solana, Boosting...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange Coinbase is winding down Givecrypto, a nonprofit set up to provide crypto to those in need. “Over the years, Givecrypto distributed cryptocurrency to thousands of individuals in need,” Coinbase said. However, the exchange admitted: “W...
Bitcoin News / Bitcoin.com - 1 year ago
Fueled by the explosive growth of the BONK meme coin, the Solana Saga phone’s market interest has soared, with units selling for up to $5,000 on Ebay, far exceeding its reduced price of $599
Saga Phone Resurgence: BONK’s Rise Turns Solana Devic...
Bitcoin News / Bitcoin.com - 1 year ago
An institutional investor survey conducted by digital asset bank Sygnum indicates a shift from skepticism to advocacy, “with over 80% now agreeing that crypto has an important role to play in the global financial industry,” said the bank’s digi...
Bitcoin News / Bitcoin.com - 1 year ago
The CEO of asset management firm Vaneck expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot bitcoin exchange-traded fund (ETF) applications in one day. “I very much expect it will be all in one day because th...
Bitcoin News / Bitcoin.com - 1 year ago
The CEO of asset management firm Vaneck expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot bitcoin exchange-traded fund (ETF) applications in one day. “I very much expect it will be all in one day because th...
Bitcoin News / Bitcoin.com - 1 year ago
An executive at trillion-dollar asset manager firm Franklin Templeton expects bitcoin to become “something that every treasury needs to hold.” She believes that “every country is going to have to hold some reserves,” emphasizing that the cryptocurren...
Bitcoin News / Bitcoin.com - 1 year ago
As the year winds down, cryptocurrency investors can combine tax-loss harvesting with cryptocurrency donations to charities, a move that optimizes tax benefits while supporting worthy causes.
Embrace Year-End Tax Strategy With Charitable Giving...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Renowned Italian football goalkeeper Gianluigi Buffon has recently confirmed his strategic investment in OQtima, an innovative online trading company, marking a significant departure from traditional sponsorship deals.
Buffon’s a...
Bitcoin News / Bitcoin.com - 1 year ago
On Dec. 18, 2023, a colossal cache of dormant bitcoins stirred after remaining inactive for eight years and ten months. The whale transferred 2,101 bitcoins, originating from 2015, now valued at $88.55 million, utilizing the prevailing BTC exchange r...
Bitcoin News / Bitcoin.com - 1 year ago
On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from Bitmain. The company invested in Bitmain’s T21 series miners, totaling a purchase price of $99.5 million.
Cipher Mining’s Strategic...
Bitcoin News / Bitcoin.com - 1 year ago
Grayscale, one of the biggest cryptocurrency asset management firms, has addressed the issue of taxation regarding the adoption of a cash creation model in an upcoming spot bitcoin exchange-traded fund (ETF). The firm clarified that “no spot Bi...
Bitcoin News / Bitcoin.com - 1 year ago
Adam Back, CEO of Blockstream and legendary cryptographer, has acknowledged that inscriptions, media embedded directly on top of Bitcoin, cannot be stopped, stating that any action focused on this will only prompt users to do it in “worse ways....
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin.com, a pioneering force in making cryptocurrency more accessible, is excited to announce the successful deployment of its ecosystem token VERSE on the Polygon Network. Leveraging Polygon’s low-fee, high-performance architecture, this st...
Bitcoin News / Bitcoin.com - 1 year ago
Over the past week, bitcoin and ethereum experienced modest declines, ranging from 1.8% to 3.6%, when compared to the U.S. dollar. Concurrently, several crypto assets showcased impressive double-digit growth, with ICP, HNT, BONK, and WOO leading the...
Bitcoin News / Bitcoin.com - 1 year ago
As of Dec. 18, 2023, ethereum exhibits a complex interplay of bearish and bullish signals across various technical indicators. The second-leading crypto asset, currently priced at $2,125 to $2,165, faces a critical juncture in its market trajectory,...
Bitcoin News / Bitcoin.com - 1 year ago
As bitcoin trades between $40,850 to $41,075, investors are eyeing several charts, oscillators, and moving averages for clues about the leading crypto asset’s next move. Oscillators signal neutrality, while moving averages paint a mixed pictur...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Attorney for the Southern District of New York announced on Dec. 14 that Shakeeb Ahmed, a man accused of hacking two decentralized crypto exchanges, had pleaded guilty to the charge of computer fraud. Ahmed is said to have attempted to cover his...
Bitcoin News / Bitcoin.com - 1 year ago
Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators to...
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: The Salvadoran Volcano Bonds might be launched in Q1 2024, Unblock Global raised $15 million for a flare gas...