Bitcoin News / Bitcoin.com - 11 months ago
Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody...
Bitcoin News / Bitcoin.com - 11 months ago
The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs. Giese...
Bitcoin News / Bitcoin.com - 11 months ago
CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The...
Bitcoin News / Bitcoin.com - 11 months ago
New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief, followed...
Bitcoin News / Bitcoin.com - 11 months ago
Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to 950...
Bitcoin News / Bitcoin.com - 11 months ago
Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail emai...
Bitcoin News / Bitcoin.com - 11 months ago
Rich Dad Poor Dad author Robert Kiyosaki and gold advocate Peter Schiff have provided conflicting forecasts about the future of gold, silver, bitcoin, and the U.S. economy if Donald Trump is re-elected. Kiyosaki claims asset prices will rise as Trump...
Bitcoin News / Bitcoin.com - 11 months ago
Ferrari, the iconic Italian luxury sports car manufacturer, announced on Wednesday that it will introduce its cryptocurrency payment system to European dealers by the end of July 2024. This move follows the successful launch of crypto payments in the...
Bitcoin News / Bitcoin.com - 11 months ago
Crypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the end of a decade-long process. Kraken CEO David Ripley expressed gratitude for the Trustee’s efforts in preservi...
Bitcoin News / Bitcoin.com - 11 months ago
The Federal Government of Nigeria has launched an initiative to train 1,000 Nigerians annually in artificial intelligence (AI), blockchain, and other cutting-edge technologies. The program, called the “AI Expertise Blockchain and Technology Tra...
Bitcoin News / Bitcoin.com - 11 months ago
Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold list...
Bitcoin News / Bitcoin.com - 11 months ago
Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business News. According to three anonymous individuals with knowledge...
Bitcoin News / Bitcoin.com - 11 months ago
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this decision impacts customers wh...
Bitcoin News / Bitcoin.com - 11 months ago
On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves i...
Bitcoin News / Bitcoin.com - 11 months ago
After Kamala Harris announced her candidacy for the U.S. presidency in the 2024 election, recent polls show she is performing competitively against Donald Trump in hypothetical matchups. However, betting markets suggest Trump is favored to win, with...
Bitcoin News / Bitcoin.com - 11 months ago
Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability Council of Texas (ERCOT) and an amended connection agr...
Bitcoin News / Bitcoin.com - 11 months ago
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoi...
Bitcoin News / Bitcoin.com - 11 months ago
Crypto fans are all over a new meme coin project that’s raised $5 million in presale. Pepe Unchained (PEPU) continues gaining traction as the developers prepare for an exchange debut later this year. And with its own layer-2 network in develop...
Bitcoin News / Bitcoin.com - 11 months ago
Rumors about U.S. Vice President Kamala Harris possibly attending the Bitcoin 2024 conference in Nashville have garnered substantial attention. Alongside the speculation, a Polymarket bet estimates Harris’s odds of attending at roughly 8%. **E...
Bitcoin News / Bitcoin.com - 11 months ago
Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and trading. “Some options have emerged to help with the recovery which we’re exploring,” said Wazirx co...
Bitcoin News / Bitcoin.com - 11 months ago
PRESS RELEASE. SEOUL, KOREA — 24 July 2024 — Korea Blockchain Week (“KBW”), Asia’s premier Web3 festival taking place from 1-7 September 2024, announced Movement Labs as the official conference partner for its flagship two-day “IMPACT” conference. It...
Bitcoin News / Bitcoin.com - 11 months ago
Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day. Blackrock Dominates Inflows as Nea...
Bitcoin News / Bitcoin.com - 11 months ago
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s...
Bitcoin News / Bitcoin.com - 11 months ago
As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and th...
Bitcoin News / Bitcoin.com - 11 months ago
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Rev...
