Bitcoin News / Bitcoin.com - 1 year ago
Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent weeks, the Liquidity Committee...
Bitcoin News / Bitcoin.com - 1 year ago
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past mon...
Bitcoin News / Bitcoin.com - 1 year ago
Zak Taher, the CEO of Multibank.io, said he believes the United Arab Emirates (UAE) is the most attractive investment destination for overseas digital asset companies due to its effective governance and the leadership of its individuals. The UAEβs st...
Bitcoin News / Bitcoin.com - 1 year ago
Between 2018 and 2023, 2,127 out of 2,817 Web3 games launched have either failed or are now inactive, an analysis by Coingecko has shown. The failure rate was the highest in 2019 (94.3%) and 2020 (94.4%) while in 2021, 339 out of 738 games failed, tr...
Bitcoin News / Bitcoin.com - 1 year ago
A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these facilities are not yet integrated into the U.S. power grid. Texas is said to...
Bitcoin News / Bitcoin.com - 1 year ago
USDC stablecoin issuer Circle neither “finances Hamas” nor does it bank Tron blockchain founder Justin Sun, the fintech firm’s chief strategy officer has asserted. Although Circle had past business dealings with Sun, this ended in F...
Bitcoin News / Bitcoin.com - 1 year ago
In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in Bitcoin miners’ revenue is attributed to Bitcoin price volatility,...
Bitcoin News / Bitcoin.com - 1 year ago
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to be significantly higher when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “We will see a pretty successful shift of psych...
Bitcoin News / Bitcoin.com - 1 year ago
Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) is “anything but infallible,” emphasizing that the regulator is “bloated, broken, and beleaguered.” He advised inve...
Bitcoin News / Bitcoin.com - 1 year ago
Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding round led by former Twitter (now known as X) CEO Jack Dorsey, is currently filtering ordinal inscription transactions. Giacomo Zucco, a bitcoiner, confirmed that Ocean w...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on yet another cryptocurrency mixing platform, labeling Sinbad.io as a “key money-laundering tool” used by the North Kore...
Bitcoin News / Bitcoin.com - 1 year ago
Over the past year, the mining pool titan Foundry USA has consistently led the network in terms of hashrate. However, this month, the bitcoin mining operation Antpool has edged ahead of Foundry, albeit marginally, in hashrate rankings. In November, o...
Bitcoin News / Bitcoin.com - 1 year ago
The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the market, it ca...
Bitcoin News / Bitcoin.com - 1 year ago
Similar to bitcoin prices, the second leading crypto asset in terms of market capitalization has risen on Friday, jumping 2% against the U.S. dollar. The 24-hour price range of ether has been recorded between $2,024 and $2,111, reflecting a volatile...
Bitcoin News / Bitcoin.com - 1 year ago
While U.S. equities and precious metals remain flat, bitcoin has seen an uptick in value over the past day. Currently valued at $38,376, with an intraday range stretching from $37,547 to $38,804, bitcoin’s market capitalization stands at $750...
Bitcoin News / Bitcoin.com - 1 year ago
Portuguese football icon Cristiano Ronaldo is facing a lawsuit which accuses him of participating “in the offer and sale of unregistered securities in coordination with Binance.” One of Ronaldo’s latest social media posts suggests t...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Token preseal is currently live – 11/17/23
Coinscribble – December 1st, 2023 / In a pioneering development in the Web3 realm, GROW Protocol announces its debut as the “world’s first real bloc...
Bitcoin News / Bitcoin.com - 1 year ago
The Supreme Court of Nigeria has again extended the lifespan of the N1000, N500, and N200 naira notes. The Central Bank of Nigeria (CBN) also reiterated that all banknotes, including the previously demonetized naira, remain legal tender “ad inf...
Bitcoin News / Bitcoin.com - 1 year ago
Samson Mow, CEO of JAN3, and other blockchain experts, met with Colombian President Gustavo Petro to discuss the possible uses blockchain and bitcoin tech could have to help modernize the management of certain institutions of the Colombian state.
Co...
Bitcoin News / Bitcoin.com - 1 year ago
Representative French Hill, vice-chairman of the House Financial Services Committee, stated intent to bring two crypto regulation bills to the floor and pass them in early 2024. Hill told CNBC that Congress wants to give the U.S. Securities and Excha...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. In a groundbreaking move within the cryptocurrency market, LBank’s Launchpad for ACGN Protocol’s native token, $AIMEME, has emerged as a focal point, marking a remarkable advancement in the crypto market. This achievement...
Bitcoin News / Bitcoin.com - 1 year ago
A new report from Grayscale Investments reveals that bitcoin ownership is more widely distributed than commonly believed, with 74% of addresses holding less than $350 worth. However, around 40% of bitcoin supply is concentrated among institutions lik...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. deputy secretary of the Treasury has revealed that the Treasury Department has asked Congress for more tools and authorities “to go after illicit actors in the digital asset space.” Moreover, he stressed: “We need to update...