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BlackRock's BTC ETF investors keep buying despite ‘plummeted’ Bitcoin outlook
19.7.2024
The amount of positive Bitcoin commentary on social media is just a third of what it was four months ago, according to Santiment
Bitcoin ‘real bull run’ out of reach as retail demand metric hits 3-year low
19.7.2024
Retail investor interest in Bitcoin has declined to a three-year low, and Google search interest for Bitcoin is down 57% since BTC reached all-time highs in March
Kraken Expands Crypto Custody Services to Institutions in UK and Australia
19.7.2024
Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK and Australia, now offers its custody solution...
Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox
19.7.2024
Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s digital asset capabilities, the collaboration aims...
FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans
19.7.2024
The U.S. Attorney’s Office has launched a civil forfeiture action to reclaim cryptocurrency seized by the FBI from international fraudsters involved in “pig butchering” schemes. This initiative aims to return the stolen funds to victims and hold criminals accountable....
Stock market slump trickles into today’s Bitcoin and altcoin correction
19.7.2024
What’s behind the correction in the US stock market and how might it continue to negatively impact cryptocurrencies?
Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia
19.7.2024
The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power...
Triple-A: Argentina and Brazil in the Top Ten Of Countries With Most Cryptocurrency Ownership
18.7.2024
Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by Triple-A, a provider of digital currency white-label payment solutions. Argentina took the fourth place in the list, with 18.9% of its population holding cryptocurrency...
Venezuelan Crime Organization Tren De Aragua Gets Sanctioned by OFAC on Crypto Money Laundering Allegations
18.7.2024
Tren de Aragua (Aragua’s Train), a criminal gang with Venezuelan origins, has been sanctioned by OFAC as a transnational organization engaging in kidnapping, human trafficking, extortion, and other illegal behavior. The U.S. Department of the Treasury also stated that the organization...
President Bukele Eliminates Basic Food Products’ Import Duties for a Decade In El Salvador
18.7.2024
President Nayib Bukele has announced a new measure in his battle against speculation and price gouging in El Salvador, eliminating import duties for certain basic foods and supplies for a decade. While some of these products did not pay duties due to a previously approved bill, critics argue that...
Bitcoin Mining Is So Back (Except It's AI Now)
18.7.2024
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices
Bitcoin traders expect a ‘push higher’ after several metrics turn bullish
18.7.2024
Bitcoin price has cooled off from its recent highs, but analysts still anticipate a “push higher” as multiple BTC metrics flash bullish
Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
18.7.2024
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have...
Meme Coins Suffer as Bitcoin Fails to Secure $65,000 Support
18.7.2024
Recent weeks proved severe for Bitcoin due to the immense fear caused by the German Government Sell-off and Mt. Gox repayments. It looks like the crypto market is cooling down following the recent rally, which pushed Bitcoin’s (BTC) price to $66,000 during the week’s high. The Bitcoin Effect After...
Tangem Launches Ring-Shaped Hardware Cryptocurrency Wallet
18.7.2024
Tangem announced the launch of its Tangem Ring cryptocurrency hardware wallet on Wednesday, touting it as “the world’s first ring-shaped crypto wallet,” designed to “transform how people interact with cryptocurrencies.” The company stated that users can now wear their...
TON Foundation to Launch Bitcoin Bridge on The Open Network
18.7.2024
The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure transfers of bitcoin to and from The Open Network (TON). This initiative aims to expand bitcoin’s utility by enabling its use in decentralized finance (defi)...
Dennis Porter Claims Trump Will Announce USA Bitcoin Reserve
18.7.2024
Dennis Porter, CEO of the Satoshi Action Fund, has put out a bombshell of a revelation. In a recent tweet, Porter stated that former President Donald Trump is set to announce a USA Bitcoin strategic reserve during his appearance at the Nashville Bitcoin 2024 conference. HUGE BREAKING: Trump...
Potential Trump victory and rising global liquidy may benefit crypto, analyst says
18.7.2024
Macroeconomist Lyn Alden assesses the impact of the 2024 US presidential election outcome on Bitcoin and the broader crypto industry
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
18.7.2024
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of a victory for the now crypto-friendly Donald Trump slumped
Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements
18.7.2024
The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action....