Bitcoin News / Bitcoin.com - 7 months ago
According to the latest data, the stablecoin economy now holds a value of $172.892 billion, with October adding $555 million to the fiat-pegged token market. Stablecoin Market Continues to Climb Last month saw stablecoins grow modestly, with the mark...
Bitcoin News / Bitcoin.com - 7 months ago
The recent surge in prediction markets has coincided with the upcoming presidential election, as those seeking a supplement to traditional polling look to new methodologies. As election day draws closer, established prediction markets have seen their...
Bitcoin News / Bitcoin.com - 7 months ago
Web3 game Off the Grid has presented its “Save Democracy” pack, which includes skins resembling candidates from both sides of the aisle. Characters resembling the likenesses of Kamala Harris and Donald Trump are included featuring one-lin...
Bitcoin News / Bitcoin.com - 7 months ago
Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was val...
Bitcoin News / Bitcoin.com - 7 months ago
Ever wondered how U.S. presidential elections impact the stock market? We explore historical trends, stock market predictions, and Bitcoin price movements under different administrations. The following guest post comes from Bitcoinminingstock.io, pro...
Bitcoin News / Bitcoin.com - 7 months ago
The U.S. Treasury yield curve is undergoing a notable bear steepening, a trend signaling rising economic jitters as the 2024 election nears, with the Federal Open Market Committee (FOMC) meeting close behind. Rising U.S. Treasury Yields Could Spell T...
Bitcoin News / Bitcoin.com - 7 months ago
From Oct. 1 to Oct. 31, 2024, a total of 1,970.401 BTC was spent from vintage wallets originally created between 2010 and 2017, according to the latest metrics. Dormant Bitcoin Wallets Show Restraint In September, long-quiet bitcoin wallets suddenly...
Bitcoin News / Bitcoin.com - 7 months ago
New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. Cross-Border Finance Revolution: Three Nations Pioneer Digital Asset Integ...
Bitcoin News / Bitcoin.com - 7 months ago
Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a se...
Bitcoin News / Bitcoin.com - 7 months ago
Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one civilian...
Bitcoin News / Bitcoin.com - 7 months ago
Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange Commi...
Bitcoin News / Bitcoin.com - 7 months ago
The FBI’s fake cryptocurrency token unraveled a landmark market manipulation case, leading a founder to plead guilty to running automated wash trades across exchanges. In FBI-Created Token’s Trap, Crypto Mogul’s Empire Collapses The U.S. Department o...
Bitcoin News / Bitcoin.com - 7 months ago
Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards. Sheetz Customers Gain a New Way to Pay — And Get Rewarde...
Bitcoin News / Bitcoin.com - 7 months ago
9,500 kiosks now offer cash-to-crypto access as Coinstar expands with a new digital wallet, driving affordable remittances and financial inclusion nationwide. Coinstar’s 9,500 Kiosk Rollout Redefines Financial Access With New Digital Wallet Coi...
Bitcoin News / Bitcoin.com - 7 months ago
Crypto rewards received before an account freeze are taxable in the year they’re received, even if holders can’t access their funds later, the IRS says. IRS Clarifies Tax Rules for Digital Assets in Locked Accounts The Internal Revenue Service (IRS)...
Bitcoin News / Bitcoin.com - 7 months ago
Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory g...
Bitcoin News / Bitcoin.com - 7 months ago
The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership. Urgent Crypto Reform Needed: Trump and Harris Face a High-Stakes Decision The CEO of blockcha...
Bitcoin News / Bitcoin.com - 7 months ago
With just four days left until the U.S. 2024 election, the latest prediction market data paints a shifting landscape: former President Donald Trump’s odds have taken a downturn, while Vice President Kamala Harris is enjoying an upswing in her chances...
Bitcoin News / Bitcoin.com - 7 months ago
Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners, s...
Bitcoin News / Bitcoin.com - 7 months ago
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh...
Bitcoin News / Bitcoin.com - 7 months ago
As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger. Ahead of the 2024 Election, Investors...
Bitcoin News / Bitcoin.com - 7 months ago
With a new XRP ETF application from 21shares, pressure mounts on the SEC as investors eye access to XRP exposure amid ongoing regulatory battles. Another XRP ETF Filing Drops, Turning Up Pressure on the SEC 21shares, an asset management firm speciali...
Bitcoin News / Bitcoin.com - 7 months ago
Crypto.com announced on Thursday the acquisition of Watchdog Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC. This acquisition will allow Crypto.com’s new subsidiary to offer equities and equity options to e...
Bitcoin News / Bitcoin.com - 7 months ago
Bitcoin.com, a pioneer in the Bitcoin and cryptocurrency space since 2015, has partnered with MoonPay to enable Venmo as an accepted payment method for U.S. users purchasing Bitcoin and other cryptocurrencies in the Bitcoin.com Wallet app and on the...
Bitcoin News / Bitcoin.com - 7 months ago
Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH, with the air-cooled model achieving a hashrate of...
