Category : Bitcoin.com

Bitcoin.com

Exploring Crypto’s Most Expensive Assets: The 5, 4, and 3-Digit Clubs

Throughout bitcoin’s history, the leading crypto asset has traded at five digits per unit for over 28% of its time. In 2022 and 2022, bitcoin (BTC) and yearn finance (YFI) were the only two tokens trading in the five-digit range; however, curr...

SEC Demands $102M From Ripple, Dems Reportedly Prepare for Crypto Roundtable, and More — Week in Review

The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the Biden administration, along with Mark Cuban and Representative Ro Khanna, are preparing for a crucial crypto roundtable....

Detained Binance Employee Includes Financial Compensation Demand in Amended Rights Lawsuit

The jailed Binance employee, Tigran Gambaryan, recently requested permission to amend his fundamental human rights violation against Nigerian law enforcement agencies. The amended proposal reportedly seeks “the costs of this action on a full in...

Bitcoin Network Adapting Despite Experiencing Growing Pains, Says Early BTC Investor

Although Bitcoin-based decentralized applications (dapps) have been known to replicate or copy Ethereum dApps, Jeff Yin, founder of Merlin Chain, believes there is a growing impetus to build bitcoin dapps that are distinguishable from ether-based dap...

Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling

While wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship reintroduces centralization risks and trust dependencies. This contradicts the decentralized ethos of blockchain techn...

Prime Suspect in $2.2M Crypto Fraud Faces Up to 20 Years in Prison

The U.S. Department of Justice (DOJ) announced on Friday that Robert Wesley Robb, 46, from Colorado, pled guilty to wire fraud for deceiving investors with false promises about a Maximum Extractable Value (MEV) cryptocurrency trading bot. Robb solici...

South African Tax Authorities Scrutinize Crypto Traders Amid Compliance Uncertainty

South African crypto traders have reportedly started receiving notices from the South African Revenue Service (SARS) indicating that their tax affairs are under review. The revenue collector is gathering information from various crypto-asset exchange...

Understanding Oscillators in Bitcoin Trading: A Technical Analysis Guide

In the realm of bitcoin trading, technical analysis can play a significant role, with oscillators being pivotal tools. Oscillators, developed over decades, assist traders in making informed decisions by analyzing price momentum and market conditions....

Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities

The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service providers. The Accelerated Regulatory Incubation Programme...

Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC

Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itsel...

US Government to Report Seized Crypto as ‘Nonmonetary Property’

The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The feder...

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exc...

Ripple CEO Hails Latest Court Ruling ‘a Big Win’ — Calls His Lawsuit Baseless Troll Attempt

Ripple CEO Brad Garlinghouse says the latest court ruling on Ripple’s securities lawsuit “is a big win.” He stressed that “absolutely nothing in the decision negates or changes the fact that XRP is, in and of i...

Robert Kennedy Jr Promises to Pardon Ross Ulbricht if Elected President — Says He’s Been in Prison ‘Far Too Long’

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to pardon Ross Ulbricht if elected. Like former U.S. President Donald Trump, Kennedy advocates for Ulbricht’s release. Both candidates vow to stop President Joe Biden...

Nigeria Rejects Claims Jailed Binance Executive Denied Quality Healthcare

A Nigerian government official has rejected claims that the jailed Binance executive is being denied access to quality healthcare. In an apparent reference to the U.S. calls for Tigran Gambaryan’s release, the official stated that only the court, not...

Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally

The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s dominance escalating, it diminishes the likelihood of a resurgence altcoin run-ups. On June 20, the X account ‘A...

McKinsey Report: Tokenization at a Tipping Point, Poised to Transform Financial Markets

The world of finance is standing on the brink of a transformative era driven by the rising prominence of tokenized assets. According to a recent McKinsey & Company report, tokenization—the process of converting assets into digital tokens on a blo...

Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions

Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living wills”—of four major U.S. banks, signaling a push for stronger safeguards against financial turmoil. The Federal Deposit Insur...

Report: Pantera Capital Eyes Fresh Funds for New TON Token Investment

Pantera Capital, an American investment firm, is reportedly preparing to raise funds for a new investment in toncoin (TON). This news follows Pantera’s earlier significant investment in TON, marking one of its largest investments to date. Pantera Cap...

Just 3 Days Left to Invest in Viral Sealana Presale as Experts Predict Post-Listing Success

Sealana (SEAL) is the talk of the crypto market as its presale enters the last stretch. With just four days left on the clock, investors are scrambling to secure their tokens before the DEX launch. And industry experts are even eyeing SEAL as the nex...

Summer Consolidation to Precede US Election ‘Fireworks’ in Crypto Markets, Says QCP Capital

Despite several bullish indicators, including a significant bitcoin purchase by Microstrategy and optimistic projections by notable figures, bitcoin’s price action remains subdued. Market analysts at QCP Capital shed light on the underlying fa...

Millions in Bitcoin Withdrawn After 1.96 Million AVAX Transferred to Exchanges: Zachxbt

Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has declined almost 10% in the last 24...

NFT Sales Plunge 21% Amid Broad Crypto Market Decline

Global non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique blockchains, the total sales just surpassed the $100 million mark over the past seven days. Weekly NFT Sales Fall, Cryptopunk...

US Lawmaker Urges Nigerian Government to Grant Humanitarian Release for Jailed Binance Employee

Two U.S. lawmakers, French Hill and Chrissy Houlahan, have added their voices to calls for the release of jailed Binance executive Tigran Gambaryan. The lawmakers made this call shortly after visiting Gambaryan at Nigeria’s notorious Kuje Prison. Hil...

Nova Chain Drives Mass Adoption with DAO Community-Driven Blockchain and AI Platform

PRESS RELEASE. Nova Chain is making significant strides in the digital content industry with its innovative blockchain platform. Designed to empower content creators, Nova Chain combines advanced blockchain technology with AI-driven algorithms to pro...

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