Category : Bitcoin.com

Bitcoin.com

Bitcoin ETFs Explained: A Closer Look at BTC Exchange-Traded Products

Exchange-traded funds, or ETFs, that track the price of bitcoin have become a popular means for mainstream investors to gain exposure to the cryptocurrency market without directly owning bitcoin. Though the U.S. Securities and Exchange Commission has...

FBI Wanted Co-Founder of Crypto Exchange Wex Sentenced in Russia

Aleksey Bilyuchenko, co-founder of Wex, the successor of the infamous Russian crypto exchange BTC-e, will spend only a couple of years in prison. The Russian, who is charged in the U.S. with money laundering, has been sentenced in his homeland as the...

Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report

Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platf...

Robert Kiyosaki Advises Buying Bitcoin Today — Foresees a Rush to Buy BTC as Stocks, Bonds, and Real Estate Crash

Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy bitcoin today before stock, bond, and real estate markets crash and people rush to buy BTC alongside gold and silver. The famous author has predicted that bitcoin’s price wi...

Skybridge Founder: Every Wall Street Firm Will Sell Bitcoin ETF to Clients — ‘Next 10 to 20 Years Are Remarkably Bullish’

Skybridge Capital founder Anthony Scaramucci has explained why he is still bullish on bitcoin. Emphasizing that every Wall Street firm is going to have a bitcoin exchange-traded fund (ETF) in their arsenal that they will sell to their clients, he pre...

Clock Ticks Slower for Justin Sun and Rainberry: Court Grants Extension Amid SEC Allegations

In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until Decemb...

A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market

Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $...

Arkham Identifies Coinbase’s $25B in BTC; Rivals Nakamoto’s Legacy Coins

On September 22, 2023, Arkham Intelligence unveiled that it has identified addresses tied to a staggering $25 billion from Coinbase’s bitcoin (BTC) holdings. This cache represents the most substantial BTC reserve on Arkham. The firm points out...

Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a Month

Since the start of 2023, the size of the stablecoin economy has decreased amid numerous redemptions. However, new stablecoin asset projects, such as Aave’s GHO, First Digital’s FDUSD, and Paypal’s PYUSD, have emerged. On Septembe...

Biggest Movers: SHIB Extends Gains, LINK Hits 5-Week High on Saturday

Shiba inu was a notable mover to start the weekend, as the meme coin rose for a second consecutive session. The surge comes despite the global crypto market cap mostly consolidating today. Chainlink also raced higher, hitting a five-week high. Shiba...

Bitcoin, Ethereum Technical Analysis: BTC Establishes a New Support Point on Saturday

Bitcoin started the weekend in consolidation, as traders seemingly found a new price floor at $26,500. The price uncertainty comes as markets settled following a volatile week, which was headlined by the Federal Reserve rate decision. Ethereum remain...

Block.one’s Settlement Offered a ‘Tiny Fraction’ of the $4.1 Billion Raised — EOS Network Foundation CEO

According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), the blockchain software company Block.one’s failure to financially back the EOS ecosystem after the 2018 initial coin offering (ICO) is one of the many reasons...

Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer

Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse...

Study: Sub-Saharan Africa’s Bitcoin Transaction Volume Number One Globally, Data Indicates Shift Towards Stablecoins

Despite accounting for just 2.3% of global transaction volume, the latest data shows that crypto has penetrated key markets in Sub-Saharan Africa and “become an important part of many residents’ day-to-day lives.” With a...

Hungarian Authorities Seize Crypto Worth $1M in Tax Fraud Case

Hungarian authorities have seized cryptocurrency worth over $1 million from a criminal organization in a value-added tax (VAT) fraud case. The authorities raided 28 locations, arrested three suspects, and seized various assets tied to the group. The...

Coinshares Unveils New Crypto Hedge Fund Division, Widens Institutional Services to US

Coinshares, a European digital asset manager, is moving into the U.S. with a new hedge fund division aimed at institutional investors. The firm, based in Saint Helier, Jersey, intends to offer comprehensive services for institutions exploring crypto...

VC Katie Haun Says It’s a ‘Really Good Time’ to Be Investing in Crypto — Criticizes SEC’s Regulatory Approach

Venture capitalist Katie Haun is optimistic about the future of crypto. “It’s a really good time to be investing in this space during this down market,” she said. “I have actually never felt that in prior cycles, crypto was more ine...

Binance Seeks Dismissal of SEC Lawsuit — Claims SEC ‘Distorts’ Securities Laws to Gain Power Over Crypto Industry

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US House Committee Passes CBDC Anti-Surveillance State Act With Support of 60 Congress Members

The U.S. House Financial Services Committee has passed the CBDC Anti-Surveillance State Act, the first anti-central bank digital currency legislative effort introduced in the United States. Congressman Tom Emmer detailed that the bill halts the effor...

UK Online Safety Bill to Become Law Amidst Heavy Criticism From Civil Liberties Organizations

The U.K. Online Safety Bill, a piece of legislation that seeks to make the country “the safest place in the world to be online,” has been signed by both houses of parliament and will become law soon. Several civil liberties organizations...

Peak Mining Signs $150M Deal for Microbt Bitcoin Miners, Eyes Large-Scale Liquid-Cooling Tech

According to Peak Mining, a subsidiary of Northern Data Group, the company has signed a contract with bitcoin mining rig manufacturer Microbt worth $150 million. This agreement will equip Peak Mining with 7 exahash per second (EH/s) of the latest nex...

Tether Calls Out WSJ ‘Tabloid Style’ Reporting, States Outlet ‘Disregarded’ Reporting Banking Industry Woes

Tether, the company behind the issuance of USDT, the largest stablecoin in the crypto market, has called out the latest report of the Wall Street Journal (WSJ) on the rise of its loan portfolio. The company stated that traditional banking institution...

16 Joules per Terahash: Bitmain Unveils High-Efficiency S21 Bitcoin Miners at Hong Kong Summit

Bitmain, a leading bitcoin mining rig manufacturer, has introduced the newest addition to its Antminer products: the S21 series. The newest models have an efficiency rating under 20 joules per terahash (J/T) and produce between 200 terahash per secon...

$250,000 Klever Blockchain Hackathon Open for Applications

PRESS RELEASE. Switzerland – Date: 22nd September 2023. Venue: Online at Klever Hackathon Portal Event Overview: Klever.org is taking the lead in the evolution of blockchain technology. Inviting developers globally, we’re hosting the Kle...

Did the NSA Invent Bitcoin? A 1996 Research Paper Reignites the Debate

A recent buzz within crypto circles revolves around a 1996 research paper from the U.S. National Security Agency (NSA). There’s burgeoning speculation: did the NSA lay the groundwork for Bitcoin? Indeed, there are striking similarities between...

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