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Bitcoin whale 'FOMO' hits as BTC price coils below $67K liquidity zone
24.4.2024
Bitcoin bulls are closing in on ask liquidity, which, if taken, would overcome key resistance and unlock BTC price discovery
Bitcoin, Ether Coil as Crypto Traders in Limbo After Halving
24.4.2024
Investors are still gauging macroeconomic factors, one observer said
Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps
24.4.2024
The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful...
Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets
24.4.2024
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since...
Mt. Gox’s $9B overhang could ‘spook the market,’ pressure Bitcoin: K33
24.4.2024
“Mt. Gox coins could become a relevant negative price contributor in the next weeks,” say K33 Research analysts
Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin
24.4.2024
Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes...
Best Crypto to Buy Now April 23 – Hedera, Akash Network, Pepe
24.4.2024
On a quiet day in the crypto market that saw most major coins going sideways within recent ranges, impatient traders hunting for quick gains are turning to smaller, lesser-known altcoins that might be the best crypto to buy now.
The post Best Crypto to Buy Now April 23 – Hedera, Akash Network, Pepe...
Hackers Expose Code Of El Salvador’s Bitcoin Wallet App Chivo
24.4.2024
The government of El Salvador is yet to address the massive data hack against its Chivo wallet and ATMs.
The post Hackers Expose Code Of El Salvador’s Bitcoin Wallet App Chivo appeared first on Cryptonews
Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
24.4.2024
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their...
Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation
23.4.2024
Two executives of the bitcoin mining rig maker Canaan intend to jointly purchase at least $2 million worth of company shares, claiming the company is "deeply undervalued," despite revenue decline.
The post Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation...
Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig
23.4.2024
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip design, upgrading from...
SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’
23.4.2024
Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading...
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
23.4.2024
The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021
The IMF Is “Waking Up” To Bitcoin, Says Bitwise CIO
23.4.2024
A new report from the IMF suggests that the global financial body is recognizing Bitcoin as a useful cross-border transfer tool.
The post The IMF Is “Waking Up” To Bitcoin, Says Bitwise CIO appeared first on Cryptonews
PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon Energy
23.4.2024
On April 22, PayPal announced a new initiative to support Bitcoin mining that uses less energy. The multinational payment company intends to use Bitcoin to compensate cryptocurrency miners that use renewable energy.
The post PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon...
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
23.4.2024
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate...
Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer
23.4.2024
On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting systems, payment channels, and sophisticated Bitcoin...
Fidelity’s Bitcoin ETF draws $40M in largest single investment from advisers
23.4.2024
Financial advisers Legacy Wealth Management and United Capital Management of Kansas have each invested $20 million in shares of the Fidelity Wise Origin Bitcoin Fund (FBTC)
Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’
23.4.2024
The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report provides several predictions for short and long-term...
Will Bitcoin’s New BIP Editors Streamline Development?
23.4.2024
Five new editors were added to help speed up the process of approving and merging Bitcoin Improvement Proposals