Bitcoin News / Bitcoin.com - 1 year ago
Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network due to its unmatched data permanence, a new report has claimed. The study also found that the protocol’s impending cos...
Bitcoin News / Bitcoin.com - 1 year ago
Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the developm...
Bitcoin News / Bitcoin.com - 1 year ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, a...
Bitcoin News / Bitcoin.com - 1 year ago
Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financi...
Bitcoin News / Bitcoin.com - 1 year ago
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representativ...
Bitcoin News / Bitcoin.com - 1 year ago
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far. The pilot will have a new phase, finalized in 2025, and...
Bitcoin News / Bitcoin.com - 1 year ago
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trad...
Bitcoin News / Bitcoin.com - 1 year ago
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due...
Bitcoin News / Bitcoin.com - 1 year ago
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In co...
Bitcoin News / Bitcoin.com - 1 year ago
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anti...
Bitcoin News / Bitcoin.com - 1 year ago
Presidential candidate and 45th U.S. President Donald Trump has declared support for the crypto sector. “I will also stop Joe Biden’s crusade to crush crypto,” he promised. “I will support the right to self-custody.” He will a...
Bitcoin News / Bitcoin.com - 1 year ago
Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day. Current statistics show that the meme coin TRUMP is the top-p...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim Rickards predicts that gold prices could surpass $27,000 based on rigorous analysis. Satoshi Nakamoto’s Genesis wa...
Bitcoin News / Bitcoin.com - 1 year ago
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head of policy for the Asia-P...
Bitcoin News / Bitcoin.com - 1 year ago
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which authoriti...
Bitcoin News / Bitcoin.com - 1 year ago
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MO...
Bitcoin News / Bitcoin.com - 1 year ago
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading pla...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor vehicles, valued at more than $7.7 million were seized...
Bitcoin News / Bitcoin.com - 1 year ago
An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website. He and his co-conspirators created a fake Coinbase Pro site to steal login credentials and...
Bitcoin News / Bitcoin.com - 1 year ago
Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively offering over 1,200 job openings. Binance leads this hiring surge with 460 roles, followed by Okx with 414, Crypto.com with...
Bitcoin News / Bitcoin.com - 1 year ago
Standard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests...
Bitcoin News / Bitcoin.com - 1 year ago
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to feder...
Bitcoin News / Bitcoin.com - 1 year ago
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include so...
Bitcoin News / Bitcoin.com - 1 year ago
The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licen...
Bitcoin News / Bitcoin.com - 1 year ago
Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and re...
