Category : Bitcoin.com

Bitcoin.com

Fidelity Submits Updated Spot Bitcoin ETF Application

Fidelity has submitted an updated proposal for a spot bitcoin exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). The asset manager joins other applicants in continued efforts to address regulatory concerns that have stoo...

Binance US Suspends Withdrawals in US Dollars

Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Pol...

European Regulator Clarifies MiCA Timeline — Warns No Such Thing as Safe Crypto Asset

The European Securities and Markets Authority (ESMA) is preparing to implement the Markets in Crypto-Assets Regulation (MiCA). The regulator has issued several crypto warnings that investors and users of crypto services providers should be aware of,...

Digital Euro Enters ‘Preparation Phase’ — ECB Says ‘Digital Euro Would Make Data Protection a Priority’

The European Central Bank (ECB) has decided to move its digital euro project to the next phase after two years of investigation. The “preparation phase” of the digital euro will involve “finalizing the digital euro rulebook and selecting provid...

Vitalik Buterin: ‘I Haven’t Sold ETH for Personal Gain Since 2018’

Vitalik Buterin has dismissed reports that he recently sold his crypto holdings and claimed to have not “sold ether for personal gain since 2018.” Buterin suggested to his followers that the reports often mistake his transfer of...

Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023

Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Nov...

Elizabeth Warren and 100 Lawmakers Push Biden on Crypto-Terrorism Action, Despite Less Than 1% Illicit Use

Elizabeth Warren, the Democratic senator from Massachusetts, is alarmed by the potential of crypto-fueled terrorism. She has rallied over 100 policymakers and approached the Biden administration, urging the executive branch to tackle this pressing is...

Bitcoin Miners Sail Through Over 400 Difficulty Changes With 13 More Anticipated Before the Halving

In 189 days or 27,000 blocks, Bitcoin’s block reward is anticipated to halve. Within this period, around 13 adjustments in Bitcoin’s difficulty are expected. The network’s difficulty indicates the complexity of finding a hash below a part...

Biggest Movers: SHIB, DOGE Fall, as Crypto Markets Consolidate

Meme coins were one of the biggest casualties of Wednesday’s price consolidation, falling by as much as 2% in today’s session. The decline comes as a result of profit taking, following strong gains to start the week. Shiba inu and dogecoin remain in...

Crypto Tokens MOON and BRICK Plunge as Reddit Sunsets Community Points

On Tuesday, the social news hub Reddit unveiled that it would be drawing the curtains on the Community Points project. This revelation promptly sent two cryptocurrency coins from r/cryptocurrency and r/fortnite spiraling downward, showcasing a notabl...

Bitcoin, Ethereum Technical Analysis: BTC Bulls Secure Gains, Following a Recent Multi-Month High

Bitcoin stalled in today’s session, as traders consolidated gains, following a recent two-month high. The global market cap is trading 0.01% lower as of writing, with the cryptocurrency remaining above the $28,000 level. Ethereum has been marg...

South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore

Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore’s main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast Asian city-state which has estab...

Report: Namibian Police Arrest 20 Ringleaders of Local Pig Butchering Crypto Scam

Police in Namibia recently arrested 20 individuals who are accused of running a so called “pig butchering” cryptocurrency scheme which targeted U.S. citizens. According to the police, the more than 80 young Namibians who worked for the sc...

Report: Valr Partnership With Visa to Expand the Reach of the South African Crypto Exchange

The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to m...

IMF Boss Kristalina Georgieva Calls to Accelerate ‘Financial Inclusion’ Through Digitalization

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), has argued that digitalization could help to scale up “financial inclusion.” During a keynote, Georgieva stated that digitalization worked well in this sens...

Fed Governor Questions Need for US Central Bank Digital Currency

A top Federal Reserve official said Tuesday she has yet to be convinced there is a need for the U.S. central bank to develop a digital currency. Fed Governor Remains Unconvinced on U.S. CBDC, Cites Existing Innovations and Risks In a discourse at Har...

SEC Chairman Gary Gensler Warns AI Could Spark Financial Crisis in Next Decade

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that artificial intelligence (AI) could spark a financial crisis in the next decade. Noting that he has raised this concern at the Financial Stability Board and at the Fin...

Swiss Bank Offers Clients Crypto Lending Product

Swiss online bank Dukascopy has introduced a new lending product that enables customers to borrow against their cryptocurrency. The solution allows users to receive 50% of the value of their digital assets in fiat currency while retaining their origi...

SEC to Intensify Crypto Market Monitoring and Examinations

The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale, reco...

Blackrock CEO Larry Fink Sees Global Demand and ‘Pent-up Interest in Crypto’ Amid Israel-Hamas War

Larry Fink, the CEO of the world’s largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be running to bitcoin as...

Binance Stops Accepting New Users in UK to Comply With Crypto Regulations

Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review a...

Salvadoran Vice President Felix Ulloa: Bitcoin Adoption Fueled El Salvador’s ‘Rebirth’

The Salvadoran vice president, Felix Ulloa, has given his opinion about the relationship between the “rebirth” of the country and the adoption of bitcoin as legal tender in a recent interview. For Ulloa, bitcoin has been an important fact...

Bitcoin Changing Hands Cycle Signals Bear Market Recovery, Glassnode Study Shows

New research shows bitcoin investors are rotating from long-term holders to short-term speculators, indicating the cryptocurrency market is recovering from the lengthy bear market. Study Indicates Crypto Winter Recovery as Long-term Holders Give...

Sam Bankman-Fried’s Digital Footprint Jumps Amid Trial, But Fails to Surpass FTX Collapse Peak

According to Google Trends statistics, Sam Bankman-Fried’s search popularity surged just before his trial, maintaining an upward trend. Yet, it hasn’t matched the peak seen during FTX’s November 2022 collapse and his arrest that fol...

Congressional Investments in Defense Stocks Raise Ethical Eyebrows Amidst Ongoing Wars

In the midst of ongoing strife in Ukraine and Israel, stocks of publicly listed defense corporations have seen a dramatic surge. Simultaneously, U.S. government officials have backed substantial war expenditures, and reports indicate a multitude of p...

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