Search
Liquidators of South African BTC Scam Allocate Nearly 40% of Recovered Funds to Legal Fees and Taxes
4.6.2024
Out of the approximately $60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $34.3 million remains. Court documents reportedly state that liquidators have used the recovered funds to pay...
Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending
3.6.2024
Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report
Sleeping Bitcoins Worth $13.87M Move After 11 Years, Transfer Exposes 2013 Whale
3.6.2024
According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since their acquisition. Spending 200 Bitcoin Unveils...
Bitcoin futures premium hits 7-week high: is the rally sustainable?
3.6.2024
Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword
Okx Launches Crypto Exchange and Wallet in the Netherlands
3.6.2024
Global crypto trading platform Okx has launched its centralized exchange and wallet in the Netherlands. Dutch customers can now engage in spot trading and convert services for over 150 cryptocurrencies, including more than 60 crypto-Euro pairs. The platform integrates with Ideal, a popular online...
NOTCOIN vs. UXLINK: A Comparative Study on Mass Adoption Strategies in Web3
3.6.2024
Project Overview NOTCOIN NOTCOIN is recognized as the first breakout project within the Telegram ecosystem. Since the beginning of this year, NOTCOIN has rapidly gained traction due to its inherent meme appeal and easy Tap-to-Earn gameplay, attracting 5 million users within a week of launch, with...
Billionaire Bitcoin Advocate Michael Saylor Agrees to $40 Million Settlement in Tax Evasion Case
3.6.2024
The billionaire Bitcoin advocate Michael Saylor has reportedly agreed to pay $40 million to settle an income tax evasion dispute with the District of Columbia Attorney General. The settlement ended the Attorney General’s lawsuit, in which it accused Saylor of falsely claiming to be a resident...
Biden vetoes House and Senate votes on SEC’s anti-crypto resolution: Law Decoded
3.6.2024
United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121
Crypto fund inflows hit $2B in May led by BTC — CoinShares
3.6.2024
Weekly inflows into crypto funds totaled $185 million for the last week in May, with monthly investment fund inflows reaching $2 billion
Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF, Marquette Professor Says
3.6.2024
The first quarter addition of two spot bitcoin exchange-traded funds (ETFs) to the portfolio of Wisconsin's pension plan was likely just the beginning for that U.S. state’s investments into crypto, said David Krause, a professor of finance at Milwaukee-based Marquette University
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
3.6.2024
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the...
Price analysis 6/3: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
3.6.2024
Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls
This Week’s Crypto Gainers and Losers: NOT Leads With 214% Gain, BTC and ETH Remain Flat
3.6.2024
Both bitcoin and ethereum experienced a tepid week over the last seven days, with BTC seeing a slight increase of 0.5% and ETH declining by 3.8%. Conversely, several crypto assets posted gains, with notcoin (NOT) rising 214% against the U.S. dollar. NOT Tops the Charts With 214% Increase,...
Bitcoin miner balances drop under the 1.81 million BTC bracket
3.6.2024
Bitcoin miner balances dropped below the 1.81 million BTC bracket following the halving, and the figure is the lowest for some time now. This signifies an economic struggle after the halving. Bitcoin miner balances have been on a roller coaster ride for a while now. The balance pertaining to miner...
Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets
3.6.2024
Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that...
Illicit Bitcoin mining farm sealed in Paraguay; El Salvador debate on BTC
3.6.2024
The authorities took action against a Bitcoin mining farm that hosted 2,738 Bitcoin miners and five electric transformers, which were confiscated by the authorities. Supervisory and control systems and AI-backed software helped detect these illegal Bitcoin mining farms. According to the report...
Australia’s First Spot Bitcoin ETF Launching Tomorrow
3.6.2024
Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin...
New Meme Coin Raises $1.4M in Opening Week of Presale – Will PlayDoge Explode?
3.6.2024
Meme coins have made a comeback in the past few weeks – and one new token is separating itself from the pack. PlayDoge (PLAY), which combines the iconic “Doge” meme with play-to-earn (P2E) gaming, has already raked in $1.4 million less than a week into its presale. With that kind of traction...
Meme Stock and GME Meme Coin Craze Rekindled by Roaring Kitty’s Reddit Return
3.6.2024
Meme stocks like Gamestop (GME) and meme coins associated with the GME and Wall Street Bets trend have experienced an upswing following Keith Gill’s return to Reddit. Gill, also known as “Roaring Kitty,” has sparked renewed interest. Over the past 24 hours, crypto assets such...
Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
3.6.2024
Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin...