Bitcoiner Michael Saylor Places Big Hopes on US ‘Crypto Czar,’ Here’s Why

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What Next for the Price?

Between Sunday, December 25, and the time of writing, XRP whales have accumulated tokens worth $2.17 billion. This significant purchase has sparked speculation that XRP’s price could be ready to hit a new high with just a few days left before the year closes. However, amid the buying spree, on-chain data shows that some crypto…

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Scammers use fake Ledger data breach emails to steal crypto

A new phishing campaign is reportedly targeting Ledger hardware wallet users through fake data breach notification emails. Security researchers at BleepingComputer reported that scammers are sending emails that appear to come from Ledger’s official support address to users. According to them, the message claims users must verify their recovery phrases due to a security breach….

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Bybit Introduces Private Wealth Management Service for High-Net-Worth Clients

Dubai, United Arab Emirates, December 18th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the launch of its Private Wealth Management (PWM) service, tailored to meet the unique needs of high-net-worth individuals and institutional clients. This customized offering reflects Bybit’s commitment to delivering premium financial solutions that empower…

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U.S. Executive Order Drafted to Include Bitcoin in National Strategic Reserve

U.S. plans to establish a Strategic Bitcoin Reserve (SBR) to diversify reserve assets.   Federal Bitcoin holdings will be consolidated into the SBR for national financial security.   A procurement program will manage Bitcoin as a permanent U.S. reserve asset. The Bitcoin Policy Institute has drafted an executive order for the Trump administration, aiming to integrate Bitcoin…

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Spot Bitcoin and Ethereum ETFs Attract Massive Investments

Spot exchange-traded funds (ETFs) are gaining traction in the U.S. cryptocurrency market, fueled by substantial institutional interest. Recent offerings for Bitcoin and Ethereum spot ETFs have drawn considerable investments, significantly impacting the crypto landscape. BlackRock’s active role in this sector is notably boosting confidence among investors. What are the Recent Trends in Bitcoin ETFs? On…

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Remote Unveils USDC Payments for Contractors in 69 Countries

Global businesses are increasingly turning to stablecoins to streamline payments and improve financial infrastructure. London-based stablecoin provider BVNK secured $50 million in a Series B funding round to expand operations into the US, while payroll platform Remote introduced USD Coin (USDC) payments for contractors in 69 countries.  Global Payroll Provider Remote Introduces USD Coin Payments…

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