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Are market conditions favoring Bitcoin’s reemergence in 2024?
16.4.2024
The crypto market enjoyed a speedy recovery in 2023 after a tumultuous bear market in 2022 that left many crypto companies insolvent. The recent rally in cryptocurrency prices aligns with the economic cycle, centering around the Bitcoin halving event that is coming around in April 2024. Bitcoin...
Bank of Russia Supports Cryptocurrency Usage for International Settlements
16.4.2024
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast...
Edward Snowden Sounds Alarm on NSA’s Plans to Expand Surveillance Under New FISA Amendment
16.4.2024
NSA whistleblower Edward Snowden has warned that the National Security Agency (NSA) is on the verge of significantly expanding its surveillance capabilities through a new bill amending Section 702 of the Foreign Intelligence Surveillance Act (FISA), potentially allowing the government to compel...
Bitcoin Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral
16.4.2024
CoinDesk Indices' Bitcoin Trend Indicator has been indicating a strong uptrend since last fall
Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme
16.4.2024
United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such...
Binance Executive Located in Kenya After Escaping Nigerian Custody
16.4.2024
Nadeem Anjarwalla, the executive from Binance who escaped custody in Nigeria, has reportedly been found in Kenya. Law enforcement agencies in Nigeria, spearheaded by the Economic and Financial Crimes Commission (EFCC), are in talks with their Kenyan counterparts about Anjarwalla’s extradition....
HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization
16.4.2024
Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank will look at ways of tokenizing assets backed...
Trust Wallet Advises Apple Users to Disable Imessage Amid Fears of Zero-Day Exploit
16.4.2024
Trust Wallet, a crypto wallet provider, has issued a warning for Apple users to disable Imessage, based on “credible intel” about a zero-day exploit available on the dark web for $2 million, which could allow hackers to take control of users’ Iphones without any interaction...
Bitcoin Price Prediction as BTC Bounces 10% From Recent Bottom – New Rally Starting?
16.4.2024
Amidst geopolitical tensions and a tumultuous weekend that saw $1.5 billion in bullish positions liquidated, Bitcoin's market cap soars to $2.42 trillion
The post Bitcoin Price Prediction as BTC Bounces 10% From Recent Bottom – New Rally Starting? appeared first on Cryptonews
Coinbase Advertises Bitcoin Halving In New Commercial
16.4.2024
The halving is making an excellent Bitcoin sales pitch for many industry firms, including Coinbase.
The post Coinbase Advertises Bitcoin Halving In New Commercial appeared first on Cryptonews
Former Bitmex Chief Expects Crypto Prices to ‘Slump’ Around the Bitcoin Halving
16.4.2024
Former Bitmex CEO Arthur Hayes has explained why he believes that “bitcoin and crypto prices in general will slump around the halving.” He added that from now until May 1, he “will be in a no-trade zone,” emphasizing that “April will experience extreme weakness in risky...
Norway’s New Data Center Law Raises Concerns for BTC Miners
16.4.2024
According to a report on April 15, The Norwegian government is proposing a new legislation to control data centres across the country and oversee the operations of Bitcoin miners. According to the law, every data centre must register with the relevant authorities and submit comprehensive...
Analyst Predicts $650K Bitcoin Price Once ETF Investors Fully Deploy Asset Manager Recommendations
16.4.2024
Popular onchain analyst Willy Woo has predicted a potential bitcoin price surge to $650,000 at the bull market’s peak. His prediction hinges on spot bitcoin exchange-traded fund (ETF) investors fully deploying their assets based on recommendations from asset managers. “These are very...
Worldcoin Faces Over $1 Million in Fines in Buenos Aires for Legal Violations
15.4.2024
Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users’ digital information. Buenos Aires considers that the company exposes users to several unfair...
Liquid Staking Derivatives Lose Ground With Over 380,000 ETH Withdrawn in April
15.4.2024
Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $1.17 billion, from leading LSD platforms since April 1, 2024. Ethereum Exodus: $1.17 Billion Pulled From LSD Platforms In the initial two weeks...
Top Crypto Gainers Today on DEXScreener – SHIELD, INNO, DAMM
15.4.2024
With the bears back in control of the broader crypto market on Monday amid a continuation of concerns about the tense Iran/Israel situation, as well as regarding the latest strong US economic data which will likely on serve to further deter the Fed from cutting interest rates, crypto traders...
There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love
15.4.2024
At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency
Tether Announces Upcoming Release Of Multi-Chain Tokenization Platform
15.4.2024
Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label, multichain tokenization platform available for everyone. Ardoino explained that this platform would...
Peter Schiff Predicts Bitcoin To Drop to $20K Price Level
15.4.2024
On April 14, well-known Bitcoin critic Peter Schiff projected that the price of BTC may drop to $20K. Additionally, he issued a cautionary statement, stating that in the event of a price collapse, Microstrategy—the biggest corporate Bitcoin holder—may lose an estimated $2.7 billion.
The post Peter...
Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch
15.4.2024
Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW revealed its collaboration with Bitpanda, based in Austria, and stated that it will begin these services focusing on bitcoin and ethereum, the...