Bitcoin News / Bitcoin.com - 1 year ago
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’...
Bitcoin News / Bitcoin.com - 1 year ago
Former U.S. President and presidential candidate Donald Trump has engaged with leaders in the bitcoin mining sector, expressing his support for the industry. Trump stressed that bitcoin mining “may be our last line of defense” against a c...
Bitcoin News / Bitcoin.com - 1 year ago
Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real estate...
Bitcoin News / Bitcoin.com - 1 year ago
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President Joe Biden’s regu...
Bitcoin News / Bitcoin.com - 1 year ago
Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system superior to fiat currencie...
Bitcoin News / Bitcoin.com - 1 year ago
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital gold and labeled Ethereum “digital oil” in a report. The bank emphasized the roles of these cryptocur...
Bitcoin News / Bitcoin.com - 1 year ago
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $20 trillion to the global Gross Domestic Product (GDP)...
Bitcoin News / Bitcoin.com - 1 year ago
According to an analysis by The Insight Partners, the copy trading market is predicted to increase from $2.2 billion to $4 billion by the end of this decade. Thanks to this expansion, brokers now have a significant chance to implement cutting-edge co...
Bitcoin News / Bitcoin.com - 1 year ago
In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers a timeline from June 19, 2011, to March 6, 2024,...
Bitcoin News / Bitcoin.com - 1 year ago
Over the past 12 months, bitcoin (BTC) has appreciated more than 168% against the U.S. dollar, a notable performance compared to other asset classes globally. However, seven out of the top ten gainers in the past year have been meme coins, with the c...
Bitcoin News / Bitcoin.com - 1 year ago
Pixelverse, a developing entertainment studio and game ecosystem, has secured $5.5 million in a private funding round led by prominent Web3 venture capital firms. The funds are intended to support the growth of Pixelverse’s gaming platform, whi...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Cheyenne, WY, June 12, 2024 – AxonDAO (Axon DAO LLC, Wyoming) proudly announces the launch of A+Voice, an innovative research platform designed to monitor vocal biomarkers. This platform is an exceptionally effective tool for the early...
Bitcoin News / Bitcoin.com - 1 year ago
The Ghanaian cedi recently plunged to a record low, trading at GHS 14.9335 against the U.S. dollar, which led to its designation as the fourth-worst-performing currency globally. Additionally, a decline in cocoa production has further complicated mat...
Bitcoin News / Bitcoin.com - 1 year ago
The latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin, representing over 27% of the adjusted circulating supply. This significant concentration of BTC holdings underscores the pro...
Bitcoin News / Bitcoin.com - 1 year ago
Base Dawgz (DAWGZ), a brand-new multi-chain meme coin, has raised over $1 million in its presale. And now, one prominent analyst is predicting that DAWGZ could 10x from its current price after listing on DEXs. Base Dawgz – The Multi-Chain Meme...
Bitcoin News / Bitcoin.com - 1 year ago
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Se...
Bitcoin News / Bitcoin.com - 1 year ago
The meme coin economy is thriving on Wednesday, ahead of the U.S. Federal Reserve meeting, as the sector saw nearly $4 billion injected over the last 12 hours. Several meme tokens experienced substantial gains, with BENJI rising 36.9%, MAGA increasin...
Bitcoin News / Bitcoin.com - 1 year ago
A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming over the past 30 days, USDB has quietly secured...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $121 million reduction. Spot Bitcoin ETF...
Bitcoin News / Bitcoin.com - 1 year ago
Ripple has announced the development of a new product, the XRPL EVM Sidechain, which will bring Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger (XRPL). This move is expected to unlock new opportunities in decentralized finance (defi) a...
Bitcoin News / Bitcoin.com - 1 year ago
Russian President Vladimir Putin recently announced that the BRICS bloc aims to establish an independent payment system, free from political pressure and external interference. Putin stated that the addition of new members has increased BRICS’...
Bitcoin News / Bitcoin.com - 1 year ago
In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed hi...
Bitcoin News / Bitcoin.com - 1 year ago
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million i...
Bitcoin News / Bitcoin.com - 1 year ago
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to...
Bitcoin News / Bitcoin.com - 1 year ago
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong...
