Category : Bitcoin.com

Bitcoin.com

Bybit CEO Dismisses Hacking, Insolvency Claims; Says Rumors Lack Factual Basis

Ben Zhou, co-founder and CEO of Bybit, has dismissed rumors circulating on social media that the cryptocurrency exchange has been hacked or is insolvent. Zhou stated that these rumors are not supported by facts, and users should be cognizant of this....

Nigerian Prison Agency Held Responsible for Court Absence of Jailed Binance Executive

The Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22. A lawyer representing the Nigerian revenue collection agency subsequently requested the court...

Spokesperson Hints at Sam Bankman-Fried’s Possible Move to California Prison

According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location. Sources speculate that SBF might be headed to the Federal C...

Coinbase Reenables XRP Trading in New York

“Coinbase Reenables XRP Trading in New York” – In a significant development for the cryptocurrency community in the Empire State, Coinbase has reenabled XRP trading in New York. The announcement was made by Paul Grewal, C...

Analyst: Gold Demand From China Continues Supporting the Bull Market

Jan Nieuwenhuijs, a gold market analyst, has assessed the state of the gold market, reporting that growing demand from both the private market and the People’s Bank of China (PBOC) has been instrumental in the rise of gold prices. Chinese priva...

99Bitcoins Token Passes $1.5M Presale Milestone Ahead of Learn-to-Earn Protocol Launch

The crypto education sector is about to be flipped on its head. 99Bitcoins Token (99BTC) has now raised over $1.5 million during its presale phase ahead of launching its groundbreaking “Learn-to-Earn” protocol. 99Bitcoins Token...

US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs

Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum exchange-traded funds (ETFs), similar to their method used f...

Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704

Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s) mark. Bitcoin Network Difficulty Increas...

QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs

Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a significa...

Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024

Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of 7,...

Fred Ehrsam Predicts Future Crypto Growth Driven by Demographic Shifts

In a recent social media post, Fred Ehrsam, co-founder of Coinbase and crypto investment firm Paradigm, predicts that the cryptocurrency market will continue to gain momentum due to the growing influence of younger generations. He points out that own...

Nigeria Appoints New Members to Blockchain Policy Steering Committee

The Director-General of the National Information Technology Development Agency in Nigeria announced on May 21 that new stakeholders have joined the blockchain steering committee. Malam Kashifu Inuwa stated that new members were incorporated to ensure...

Crypto Whales Pile into New Solana Project Thotiana – Next 100x Meme Coin?

PRESS RELEASE. May 23rd, 2024. In an exciting development within the cryptocurrency market, Solana’s newest meme coin, $Thot, is rapidly gaining attention from investors worldwide. In just under a week, this meme coin has attracted over $100,00...

Metamask Aims to Add Bitcoin Support: A New Chapter for the Popular Ethereum Wallet

Metamask, the popular ethereum wallet, is reportedly planning to add support for bitcoin (BTC) in the next month or so, according to sources cited by Coindesk. While details are scarce, the integration could initially begin with basic features and ex...

Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts

Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led...

Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance

The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting W...

South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators

South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s cas...

Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend

Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by...

Coinbase, Ripple, Meta Join Forces to Fight Crypto Scams, Including Pig Butchering

Leading crypto and tech companies, including Coinbase, Ripple, Meta, Kraken, and Gemini, have formed a coalition to combat online fraud, including crypto scams like the pig butchering scheme. “We are dedicated to disrupting emerging online scam...

House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans

The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark legislat...

Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year

David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon highl...

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