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Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
7.5.2024
GBTC recorded inflows for two consecutive days — bringing its total inflows to $66.9 million
Kronos Research hacker shifts funds to Tornado Cash
7.5.2024
Kronos Research was exploited for $25 million in November last year, and one of the six wallets linked to the hacker started moving funds to Tornado Cash on May 7
Crypto analysts predict massive +500% surge for Bitgert coin this week
7.5.2024
Most analysts today believe that achieving as high as a 500% surge for an altcoin in the crypto market is simply a challenge that is currently impossible, even with the volatile nature of the market. This often prompts many analysts to make their predictions based on comprehensive technical...
Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto
7.5.2024
The Digital Chamber called SEC's move as yet another instance of the regulator’s “unchecked regulatory overreach,”
The post Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto appeared first on Cryptonews
Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters
7.5.2024
The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports
Bitcoin Rebound Has Crypto Options Traders Anticipating $100K
7.5.2024
The number of active bitcoin call contracts is significantly higher than puts, indicating bullish market sentiment
Revolut's Crypto Exchange Goes Live for Experienced Traders
7.5.2024
London-based Revolut, which has more than 40 million customers worldwide, has developed Revolut X to compete with leading crypto exchanges
Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024
7.5.2024
Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will promptly comply with the SEC’s request...
Is XRP the crypto sleeping giant ready to awaken?
7.5.2024
Unlike traditional cryptocurrencies, which seek to decentralize financial transactions and function as peer-to-peer electronic payment systems, XRP is different from these in the crypto market. While decentralization and anonymity are the main features of many cryptocurrencies, XRP emphasizes...
Unveiling 2024’s leading crypto gateway digital payment solutions
7.5.2024
Now that 2024 has arrived, digital payments have changed a lot. This means that they now incorporate new technologies and ideas very smoothly. Among these changes are cryptocurrencies, which have shaken how we think about money and do business forever. These are crypto gateways – the missing link...
Tom Brady grilled on FTX ties in Netflix roast — ‘He fucked those people’
7.5.2024
Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX
Australia Tax Office Sets Sights On Crypto Exchanges’ Client Data, Bank Details
7.5.2024
The Australian Tax Office is demanding annual transaction details from crypto exchanges in a move to tackle potential tax evasion. This crackdown aims to ensure investors correctly report their crypto gains and pay any capital gains taxes owed.
The post Australia Tax Office Sets Sights On Crypto...
CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms
7.5.2024
The Commodity Futures Trading Commission chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases.
The post CFTC Chairman Says Expect Regulators to Crack Down on More...
Lbank Now The 2nd Crypto Exchange To Confirm It Will List New Bitcoin Rival, Mollars Token
7.5.2024
The new Bitcoin rival, Mollars (MOLLARS), continues to gain ground before its official listing on public crypto exchanges. A second crypto exchange, “LBank,” announced Monday that it will list the new store-of-value crypto asset after the token presale closes.
The post Lbank Now The 2nd Crypto...
Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset
7.5.2024
Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm praised the resilience of the project, its continued airdrops, and the work developers have...
4.85m French Crypto Holders ‘Fail to Declare Their Holdings’ as Gov’t ‘Takes Aim’ at Offenders
7.5.2024
Only a small fraction of French crypto holders have declared their coins to the state, a report claimed – with the government set to take action.
The post 4.85m French Crypto Holders ‘Fail to Declare Their Holdings’ as Gov’t ‘Takes Aim’ at Offenders appeared first on Cryptonews
Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network Scaling
7.5.2024
Bitcoin Cash, the usability-focused Bitcoin hard fork, is preparing to perform a blockchain-wide upgrade slated to happen on May 15th. The upgrade implements the adaptive blocksize limit algorithm, allowing the network to adapt to future increases in demand without having direct input from actors...
South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO
7.5.2024
South Korea’s Bithumb crypto exchange may re-appoint its CEO Lee Jae-won, as the trading platform seeks to complete its planned initial public offering (IPO).
The post South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO appeared first on Cryptonews
Analysts Stand Firm on $150K Bitcoin Price Forecast Citing ‘a Healthy Cycle’
7.5.2024
Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally, they highlighted the market’s strength...
Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs
7.5.2024
Kenyan President William Ruto has announced that his government has appointed Marathon Digital, a U.S.-based Bitcoin mining company, as its consultant.
The post Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs appeared first on Cryptonews