Bitcoin News / Bitcoin.com - 1 year ago
According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the transiti...
Bitcoin News / Bitcoin.com - 1 year ago
The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx communit...
Bitcoin News / Bitcoin.com - 1 year ago
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the...
Bitcoin News / Bitcoin.com - 1 year ago
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Pu...
Bitcoin News / Bitcoin.com - 1 year ago
Solana-based cryptocurrency Beercoin has begun to show weakness after monumental early success. However, another Solana-based meme coin, Sealana, is just days out from its exchange launch, and analysts are hopeful that it could explode next. BEER Plu...
Bitcoin News / Bitcoin.com - 1 year ago
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24...
Bitcoin News / Bitcoin.com - 1 year ago
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an effic...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17. Fidelityȁ...
Bitcoin News / Bitcoin.com - 1 year ago
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mini...
Bitcoin News / Bitcoin.com - 1 year ago
Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for tokens that are yet to launch. This feature offers traders the opportunity to participate in price discov...
Bitcoin News / Bitcoin.com - 1 year ago
Bitfinex, a leading digital asset trading platform, has announced the listing of a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. This innovative offering tethers its value to Tether Gold, backed by physical gold, introducing a new le...
Bitcoin News / Bitcoin.com - 1 year ago
The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework for virtual asset trading. The framework aims to provide clear legislation, client protection under the Data Protec...
Bitcoin News / Bitcoin.com - 1 year ago
South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews quar...
Bitcoin News / Bitcoin.com - 1 year ago
Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as withhold...
Bitcoin News / Bitcoin.com - 1 year ago
Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador,...
Bitcoin News / Bitcoin.com - 1 year ago
The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of non...
Bitcoin News / Bitcoin.com - 1 year ago
Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth i...
Bitcoin News / Bitcoin.com - 1 year ago
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto...
Bitcoin News / Bitcoin.com - 1 year ago
JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been primar...
Bitcoin News / Bitcoin.com - 1 year ago
According to Venezuelan dissidents and cryptocurrency analysts, the government of Venezuela is likely to keep using crypto to bypass the returning sanctions on oil and gold activities. Even when Nicolas Maduro’s administration seems to have be...
Bitcoin News / Bitcoin.com - 1 year ago
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific, Terawulf, and Iren. The overa...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Supreme Court has agreed to hear Nvidia’s appeal to dismiss a securities fraud lawsuit accusing the company of misleading investors about its sales to the cryptocurrency industry. Nvidia’s appeal follows a lower court’s dec...
Bitcoin News / Bitcoin.com - 1 year ago
Peter Krauth, a silver market analyst and author of “The Great Silver Bull,” has predicted an upcoming silver shortage produced by the increased demand for the precious metal for different applications. Krauth states that demand for silve...
Bitcoin News / Bitcoin.com - 1 year ago
Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish...
Bitcoin News / Bitcoin.com - 1 year ago
By enhancing liquidity, simplifying the user experience, and supporting diverse trading solutions, an omnichain trading infrastructure like Orderly Network is transforming the DeFi landscape and paving the way for widespread adoption. While the total...
