© Reuters NEW YORK – The cryptocurrency industry is buzzing with the potential approval of the first U.S.-based Bitcoin exchange-traded fund (ETF), which experts believe could have a significant impact. mention the price of Bitcoin. The prediction comes as markets also prepare for Bitcoin’s fourth halving event, scheduled for early 2024, an occurrence historically linked […]
© Reuters. Jan van Eck, CEO of investment management firm VanEck, has predicted that a new record could be reached by 2024, citing a number of key factors that could drive cryptocurrency growth. death. During an appearance on CNBC’s “The Exchange,” van Eck compared Bitcoin to gold as a store of value, especially in an […]
NEW YORK/BERLIN – CoinShares’ latest report shows a shift in the cryptocurrency investment landscape, with digital asset investment products experiencing net flows for the first time in 11 weeks. Data shows that Bitcoin funds faced significant withdrawals, especially in the United States and Germany, where investors withdrew $32.8 million. Despite this pullback, Bitcoin trading activity […]
© Reuters Binance, the world’s largest cryptocurrency exchange, and its CEO, Changpeng Zhao, have been ordered by a US court to pay a significant fine for violating anti-money laundering (AML) regulations. The Northern District Court of Illinois ruled on Monday that Zhao is personally liable for $150 million, while Binance faces a total of $2.7 […]
© Reuters NEW YORK – In a notable development for the cryptocurrency market, a Bitcoin wallet that had been dormant for more than eight years suddenly transferred a significant amount of Bitcoin earlier this week. The wallet, known as “1DJs7”, has not seen any activity since February 2015 but has transferred 2,101, worth approximately $88.55 […]
© Reuters. The value of Bitcoin surged past the $43,000 mark today, after the market dropped to nearly $41,000. The recovery was fueled by asset management giant BlackRock’s move to align its exchange-traded fund (ETF) offering with US Securities and Exchange Commission (SEC) standards. The introduction of the IBIT ticker for the proposed ETF, which […]
© Reuters. MicroStrategy CEO Michael Saylor has expressed an optimistic outlook for Bitcoin, emphasizing its potential for stability and growth in the year ahead. In a recent interview with CNBC, Saylor highlighted several factors that could positively influence Bitcoin’s trajectory in 2024. One of the main drivers for Bitcoin’s future, according to Saylor, is the […]
© Reuters Elastos has launched BeL2, a Layer 2 solution that aims to infuse the Bitcoin network with smart contract capabilities. This innovation, as shared by Sasha Mitchel and Jonathan Hargreaves, is designed to facilitate advanced transactions and provide the option for users to directly stake Bitcoin assets. The launch of BeL2 stands to activate […]
© Reuters. FTX Digital Markets, the Bahamian branch of the collapsed cryptocurrency exchange, has reached a settlement with its debtors. The move marks a pivotal moment as the company navigates the ramifications of its financial troubles. The joint official liquidators, appointed to oversee the liquidation process, today announced that they have successfully negotiated a global […]
© Reuters TORONTO – Amid ongoing legal chaos, Aiden Pleterski is accused of defrauding investors of more than $30 million in the cryptocurrency and foreign exchange markets. Despite filing for bankruptcy, Pleterski’s continued displays of wealth have raised eyebrows. The scandal comes as Bitcoin experiences a significant surge in value, up 145%, opening up new […]