October 9, 2024 at 11:04 AM GST updated: October 9, 2024 at 11:10 AM 2 mins read News Marat Tambiyev received $73M in Bitcoin bribes, marking Russia’s largest bribery case involving cryptocurrency. Investigators uncovered Tambiyev’s crypto wallets using access codes hidden in a file named Pension on his laptop. Despite recovering one-third of the stolen…
Canary Capital seeks SEC approval for XRP ETF, offering an alternative to direct XRP. The ETF will track XRP’s value using the CME CF Ripple-Dollar Reference Rate benchmark. Canary Capital’s XRP ETF targets traditional brokerage accounts, simplifying access to XRP. Canary Capital Group LLC has submitted a registration with the U.S. Securities and Exchange Commission…
Due to institutional demand, Bitcoin ETFs currently hold 925,266 BTC, or nearly 5% of the total circulating supply. BlackRock and Fidelity lead Bitcoin ETF inflows, with growing interest from wealth managers like Goldman Sachs and Morgan Stanley. Now owning a startling 925,266 BTC, or almost $59.2 billion, Bitcoin ETFs are fast establishing their footprint in…
Dubai, UAE – The highly anticipated ABC Conclave 2024 will take place on 11-12, October 2024 at SO/ Uptown, Dubai, followed by an exclusive edition in Bangkok on 11-12, November 2024. As the premier event in Web3, AI, Gaming, and Blockchain, ABC Conclave will bring together industry leaders, global innovators, and key stakeholders to chart…
On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin’s price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In a new post on X, CryptoQuant author Axel Adler Jr talked about the recent trend in the Bitcoin…
A new HBO documentary, “Electric Money: The Bitcoin Mystery,” by Cullen Hoback, aired on Oct. 8. It suggests that Peter Todd, a 39-year-old software developer, might be Satoshi Nakamoto, the mysterious creator of Bitcoin. However, the documentary’s evidence is largely circumstantial, focusing on Todd’s early involvement with Bitcoin and his connections to other key figures, such…
Peter Todd is revealed to be the ‘real’ Satoshi Nakamoto, the founder of Bitcoin. This revelation was pointed out in an HBO documentary released late on Tuesday. However, Todd refused the claims and stated that such news could expose him to criminals. Peter Todd is claimed to be the ‘real’ face behind Satoshi Nakamoto, the…
The cryptocurrency community was eagerly waiting for HBO to air “Money Electric: The Bitcoin Mystery.” This documentary made headlines as it claimed to reveal the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Soon after the show went live, Peter Todd, who was an early Bitcoin enthusiast and a core contributor was named as the creator…
Bitcoin’s price movements are attracting significant attention and it has recently experienced a short squeeze, with price fluctuations that have liquidated several short positions. According to analyst Josh of Crypto World, currently, the price is approaching a critical area of resistance located between $64,100 and $64,500. This resistance has proven to be strong, causing price…
American pay television network, Home Box Office (HBO), has released its highly anticipated documentary on Bitcoin (BTC) and its mystery creator Satoshi Nakamoto dubbed The Bitcoin Mystery. In the documentary, HBO journalist concluded that Peter Todd is the real creator of Bitcoin, based on the original conversations with Satoshi. The documentary highlighted that Todd accidentally…
After the latest pullback, market participants are failing to regain their lost confidence in the rally, which has been reflected in the majority of the tokens. The narrow trend of the Bitcoin price rally has been validating this claim, which is flashing both bullish and bearish possibilities for the token. The BTC price has just…
On Tuesday, Oct. 8, 2024, HBO premiered its highly anticipated documentary “Money Electric,” offering a deep dive into the origins of Bitcoin. Directed by Cullen Hoback, renowned for his work on the Qanon series “Q: Into the Storm,” the film brought together a range of voices from the cryptocurrency space, including developers, early adopters, and…
Este artículo también está disponible en español. Bitcoin price corrected gains and tested the $61,850 zone. BTC is consolidating and might aim for a fresh increase above the $62,500 resistance. Bitcoin is holding gains above the $61,850 zone. The price is trading below $62,500 and the 100 hourly Simple moving average. There is a connecting…
Bitcoin is currently trading at $62,255.65, up 2% in the past week. The BTC market fell prey to volatility ahead of this past weekend, but the asset has gained slightly since the start of the week. Analysts are predicting what price point could be the level that separates current prices from a boom. It’s suggested…
Canary Capital, a crypto investment firm has filed the spot XRP ETF (Exchange Traded Fund) in the United States, following the successful launch of Bitcoin and Ethereum ETFs. The firm named this crypto product the “Canary XRP ETF” while submitting Form S-1 to the US Securities and Exchange Commission (SEC). Canary XRP ETF Offers In…
Este artículo también está disponible en español. After weeks of massive volatility, Bitcoin faces heightened risk after failing to break above a key resistance level of around $64,000. Following the Federal Reserve’s decision to cut interest rates, many investors and traders anticipated a full-blown rally throughout October. However, it appears that the expected surge may…
Solana SOL will outperform Ethereum and Bitcoin in 2025 if Donald Trump becomes US president, a report from Standard Chartered predicts. SOL has been one of the top performers in crypto over the past year, climbing 510.35% in the last 365 days. Standard Chartered predicts that this climb will get even steeper, predicting a fivefold…
Este artículo también está disponible en español. In a year marked by significant volatility in the cryptocurrency market, memecoins have emerged as key players, outperforming Bitcoin (BTC) and the rest of the largest cryptocurrencies in the ecosystem. This trend was underlined by recent insights from market expert Miles Deutscher, who highlighted a presentation by memecoin…
Amid its ongoing Bitcoin accumulation strategy, Michael Saylor’s MicroStrategy is nearing an all-time high stock price. Indeed, the software technology firm has seen its shares reach $197, which is just 2% away from the record mark as the company looks to continue surging. October has historically been a vital month for the leading cryptocurrency. In…
MicroStrategy, the largest corporate Bitcoin (BTC) holder, is gaining significant attention from crypto enthusiasts not just for its continuous BTC acquisitions but for its impressive returns, which have outperformed Bitcoin. Despite the ups and downs in price due to market uncertainty, BTC has struggled to gain momentum. Meanwhile, MicroStrategy (MSTR) has shown consistent growth over…
On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company’s stock has outpaced bitcoin’s performance this year, climbing over 185% since January compared to bitcoin’s 47% increase. Microstrategy’s Stock Climbs 185% Year-to-Date, Other Firms Test the Holding…
In a bold move, cryptocurrency exchange Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) following the receipt of a Wells notice, which indicates the SEC’s intention to pursue legal action over alleged securities violations. The company, known for its user-friendly platform for buying and selling crypto and its popular debit…
Dan Gallagher, the chief legal officer at Robinhood and a former SEC commissioner, is emerging as a potential replacement for SEC Chairman Gary Gensler should Donald Trump win the presidency. According to a report by Politico, Gallagher is favored by several former regulators and securities lawyers, particularly in light of the SEC’s ongoing scrutiny of…
Este artículo también está disponible en español. After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC). While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price…
The National Bank of Bahrain (NBB) has launched the GCC region’s first Bitcoin-linked structured investment fund for institutional and accredited investors. This product was developed in partnership with ARP Digital and is designed to provide a secure avenue for investors to capitalize on Bitcoin’s gains. The Bitcoin Investment Fund According to local media reports, the…
October 8, 2024 at 10:30 PM GST updated: October 8, 2024 at 08:36 PM 2 mins read News BTC has seen a solid obstacle point at $64 K, which requires a close above $64,200. Traders should watch this price closely for signs of change. Those using leverage must be cautious as market conditions remain uncertain….
MicroStrategy (MSTR), the business intelligence firm’s bet on Bitcoin, is paying off. In a milestone achievement for the corporate holder of BTC, the firm’s stock has hit a six-month high. MSTR Stock Hits New Highs At the peak of Monday’s trading, data showed MicroStrategy soared to new levels. For the first time in six months,…
U.S. spot Bitcoin exchange-traded funds (ETFs) witnessed a significant surge in net inflows. Bitcoin ETFs saw $235.19 million in capital last Monday, after two days of being brought in. This trend reflects a growing investor interest in the market with conditions going haywire. The FBTC ETF from Fidelity led the inflow charge, which brought in $103.68 million….
Asian crime syndicates have increased the use of technology to conduct large-scale frauds. Online gambling and digital currency platforms allow criminals to launder money very easily. Reports show a 600% rise in AI-driven crimes like deepfakes in Southeast Asia. A new report from the United Nations Office on Drugs and Crime (UNODC) revealed that crime…
Spooky season is around the corner. While the cryptocurrency industry has been scaring investors for a while now, the community eagerly awaits to see how these assets will perform during Halloween. The holiday is more special for the cryptocurrency market as it also marks the day that the pseudonymous creator of Bitcoin, Satoshi Nakamoto, shared…
JackTheRippler states that the Ripple lawsuit will settle within the 14-day appeal period. SEC lawyer Marc Fagel dismisses the statement, adding that it has no practical basis. Bill Morgan posits that the settlement seems doubtful despite being technically possible. The Ripple lawsuit, one of the most protracted high-profile cases in the crypto industry, has sparked…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging…
Cardi B’s X account promoted the WAP memecoin, raising concerns about a possible hack. Blockchain firm PeckShield warned users to avoid engaging with links shared in the post. Despite concerns, the WAP token’s promo stayed on Cardi B’s account for over five hours. The official X account of the American rapper, Cardi B, supported the…
FTX’s approved repayment plan may potentially boost Bitcoin’s growth in Q4 2024. About 98% of FTX creditors receive roughly 119% of their claims’ value. Repayments to influence Bitcoin prices amid U.S. economic and regulatory changes. The cryptocurrency world is closely watching FTX’s progression through its bankruptcy repayment plan, particularly its potential impact on Bitcoin’s performance…
The US Supreme Court has officially approved the sale of seized Bitcoin in a recent decision. Indeed, the country is set to move 69,370 BTC from its Silk Road seizure after a recent approval. Moreover, that current stash is valued at around $4.4 billion, with the US Marshal Service overseeing the sale. What the United…
The growing demand for digital currencies globally has amazed finance experts; Chainalysis noted in its recent report that India has the highest crypto adoption worldwide. In its recent report, MatrixPort noted that around 7.51 percent of the global population now uses digital currencies. Further, the number is expected to reach 8 percent by 2025, reflecting…
Binance to begin pre-market trading for Scroll’s native token SCR starting October 11. Users can farm SCR airdrops by staking BNB and FDUSD on Binance Launchpool from October 9. Pre-market trading for SCR is unavailable in regions like the U.S., Canada, Japan, & Spain. The crypto exchange Binance revealed on Tuesday that it would begin…
Este artículo también está disponible en español. The Bitcoin price volatility is likely to surge in both directions following the recent approval of options for spot Bitcoin ETFs, according to Jeff Park, head of Alpha Strategies at Bitwise Investments. In an interview with Anthony Pompliano, Park explained how these newly available options differ from existing…
Bitcoin hit $64.4K before falling to $62K, with experts predicting a cycle top in 2025. Historical data shows Bitcoin’s next peak could arrive by May or September 2025. The analyst predicts Bitcoin’s future cycle top based on the 21 EMA and 55 MA indicators. Bitcoin’s price has experienced significant fluctuations in the last 24 hours,…
October 8, 2024 at 05:10 PM GST updated: October 8, 2024 at 05:06 PM 2 mins read News Tim Draper revises his Bitcoin prediction, now forecasting a $250K price by 2025, citing regulatory delays. SEC crackdowns on Binance and Coinbase slowed Bitcoin’s progress, says Draper, but he remains bullish long-term. Cathie Wood and Mike Novogratz…
Last week brought significant changes to the landscape of global investment in cryptocurrencies. The crypto investment products saw $147 million in net redemptions, which snapped a three-week inflow. The digital currency exchange saw the biggest outflow of Bitcoin funds of $159 million, while Ethereum also recorded outflows of $28.9 million. James Butterfill, the Head Of…
Ethereum faces critical $2,300 support level, risking a 30% drop to $1,600 if breached. 2.77 million addresses buy 52.65 million $ETH at the crucial $2,300 support level. ETH whale deposits 45,000 ETH to Kraken, adding selling pressure and weakening sentiment. Ethereum (ETH) is facing the decisive level at $2,300 after testing the significant support area….
Bitcoin is trending upward, but confirmation is needed to break the $61.6K resistance level. Crypto Rover suggests Bitcoin needs to stay above key support to reach $55K potentially. BTC’s price is influenced by the rising odds of pro-BTC candidate Trump in the U.S. election. The price of Bitcoin is indicating signs of a possible bullish…
Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at $16 billion, have played a pivotal role in its performance. However, challenges such as net losses and bitcoin volatility could complicate this forecast, despite a…
The Bitcoin (BTC) rewards app Fold has submitted its S-4 filing to the U.S. Securities and Exchange Commission (SEC), initiating the process for an initial public offering (IPO). The filing follows an announcement in July that it plans to go public through a merger with FTAC Emerald Acquisition Corp. Details of the Merger The filing…
China PBOC’s stimulus package sparked a rapid rise in stock indices, boosting confidence. Small cap and emerging markets in China surged, signaling renewed optimism. Analysts see China’s liquidity move as a positive sign for the cryptocurrency market. The shares of Chinese stocks have risen dramatically as a result of the latest monetary policy unveiled by…
Crypto bettors on blockchain-based prediction platform Polymarket are actively trading on the outcome of HBO’s upcoming documentary that claims to reveal the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. According to the platform’s data, the market “Who will HBO doc identify as Satoshi?” has quickly become one of Polymarket’s top 10 most-traded markets for the month….
AAVE and Uniswap lead Ethereum’s DeFi growth through decentralized lending and trading. MATIC enhances Ethereum’s scalability by offering faster, cheaper Layer 2 transactions. These projects solve critical issues in the Ethereum ecosystem, driving its continued success. AAVE, Uniswap (UNI), and Polygon (MATIC) are among the main Ethereum projects that help maintain the ecosystem’s growth. They…
In the United States, Texas has emerged as one of the most preferred locations by cryptocurrency miners. The state is known for its cheap electricity, favorable regulations, and energy generation from natural resources such as wind and sun. On October 07, 2024, in the district court for Hood County, Texas 335th judicial district a group…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…