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Bitcoin ETF Issuer VanEck Has Huge Crypto Growth Goals in Europe
5.3.2024
VanEck, a 69-year-old asset manager with a history of bringing newfangled investments to customers, has high hopes for the role crypto will play in its European division
Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year
5.3.2024
The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of...
Fantom Plans Multichain Liquidation to Help Recover Millions Lost in Exploit
5.3.2024
Fantom Foundation, the team that builds Fantom Network, has received a favorable judgement from the High Court of Singapore in its legal action against the cross-chain protocol Multichain.
The post Fantom Plans Multichain Liquidation to Help Recover Millions Lost in Exploit appeared first...
Bitcoin Miner Bitdeer Says It Has Launched Its ‘First Cryptocurrency Mining Chip’
5.3.2024
Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the chip could potentially improve bitcoin mining performance without excessive power consumption. New Rig to Help Bitcoin Miners Minimize...
Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26 Billion Since ETF Conversion
5.3.2024
Grayscale, the world's largest crypto asset manager, has experienced a significant decrease in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.
The post Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26...
Crypto Liquidations Cross $550M as Bitcoin Remains Volatile Ahead of Historic Highs
5.3.2024
Memecoin futures took on nearly $90 million in liquidations as prices corrected after a massive rally in the past week
Crypto Assets Under Management (AUM) Soar 27% to $66B in Feb on Bitcoin Strength
5.3.2024
Total crypto assets under management (AUM) soared by 27% to $65.66 billion in February, driven by rising Bitcoin prices and growing adoption of Spot Bitcoin ETFs in the US.
The post Crypto Assets Under Management (AUM) Soar 27% to $66B in Feb on Bitcoin Strength appeared first on Cryptonews
BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
5.3.2024
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said
Russian Digital Ruble Pilot ‘on Track,’ Registers About 25K Transactions
5.3.2024
Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital ruble was “on track,” with several operations being tested, including opening wallets, and interactions with smart contracts. Nabiullina revealed that over 25,000 transactions...
2024 crypto altcoin watch: BlockDAG Network’s stellar rise outperforms InQubeta and XRP momentum
5.3.2024
InQubeta and XRP are carving their niches in the cryptocurrency landscape, with InQubeta advancing with unique features and XRP distinguishing itself through rapid transactions and minimal fees. However, BlockDAG is swiftly emerging as a strong competitor. Anticipated to surge 10,000x in value...
Skybridge Founder Insists It’s ‘Still Very Early’ to Buy BTC — Sees Bitcoin as the New Berkshire Hathaway
5.3.2024
Skybridge Capital founder Anthony Scaramucci has insisted that it is “still very very early” to buy bitcoin. He likened the cryptocurrency to Warren Buffett’s company, calling it the “Berkshire Hathaway of the 21st century.” He opined: “It was never...
Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’
5.3.2024
Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave”...
Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
5.3.2024
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become...
South Korean Crypto Consultancy Firm ‘Duped Elderly Investors out of $7.5m’
5.3.2024
South Korean crypto controversy continues as police announced the investigation of a firm linked to a gaming coin.
The post South Korean Crypto Consultancy Firm ‘Duped Elderly Investors out of $7.5m’ appeared first on Cryptonews
Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop
5.3.2024
During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain...
Coinbase Faces Repeat Zero Balance Glitch Amid Crypto Trading Fervor
4.3.2024
While bitcoin reached a 2024 high on Monday, rising above the $67,000 per unit range, Coinbase suffered an issue again where customers were seeing zero balances. The news follows the issues Coinbase suffered on Feb. 28, 2024, when customers saw zero balances that day as well. Coinbase Users...
FTX Opens Claim Window, Prices Crypto Assets Significantly Below Market Values
4.3.2024
The exchange has faced criticism on social media from users who have blasted FTX for pricing major crypto assets significantly lower than their market values.
The post FTX Opens Claim Window, Prices Crypto Assets Significantly Below Market Values appeared first on Cryptonews
FSC Plans New Digital Asset Regulations Draft for Taiwan in September 2024
4.3.2024
The Financial Supervisory Commission (FSC) of Taiwan has announced its intention to propose a new draft of digital asset regulations for the country in September 2024.
The post FSC Plans New Digital Asset Regulations Draft for Taiwan in September 2024 appeared first on Cryptonews
Crypto Exchange Listing and Delisting Announcements: March 4, 2024
4.3.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: March 4, 2024 appeared first on Cryptonews
Meme Tokens Skyrocket: Market Cap Hits $61.5 Billion Amidst Crypto Frenzy
4.3.2024
As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day. Just four days prior, the meme coin market’s valuation stood at $34.32 billion, only to soar to $61.59 billion...