Search
‘Dutch & Razzlekhan’ — A Cinematic Dive Into the Bitfinex Hack
9.3.2024
The intricate saga of the Bitfinex heist, involving the disappearance of $4 billion in bitcoin, is being adapted for film. “Dutch & Razzlekhan” aims to vividly depict the bold cryptocurrency theft that impacted the cryptocurrency sector in 2016. From Heist to Hollywood: The Bitfinex...
Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows
8.3.2024
The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $32.30 billion across fourteen distinct bitcoin futures markets. Soaring Open Interest in BTC Futures Signals Growing...
Goldman Sachs Upgrades Coinbase to Neutral as Bitcoin Prices Rally
8.3.2024
Wall Street giant Goldman Sachs upgrades Coinbase stock (COIN) from "sell" to "neutral" as Bitcoin surges. Analysts link the upgrade to the current cryptocurrency market rally and note similar jumps in Bitcoin-linked stocks like MicroStrategy.
The post Goldman Sachs Upgrades Coinbase to Neutral...
Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects
8.3.2024
Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties encompasses issuing a comprehensive crypto legal framework, developing...
Bitcoin Price Prediction as BTC Bounces Back After Dip Below $60,0000 – New High Incoming?
8.3.2024
Amidst a thrilling rebound, Bitcoin climbs past $69,258, igniting speculations of hitting new highs post a dip below $60,000. Is an unprecedented peak on the horizon?
The post Bitcoin Price Prediction as BTC Bounces Back After Dip Below $60,0000 – New High Incoming? appeared first on Cryptonews
BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund
8.3.2024
Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
8.3.2024
Authorities in Egypt recently allowed the local currency’s exchange rate versus the U.S. dollar to decrease by more than 60%. Additionally, the central bank raised interest rates by 600 basis points. Both steps were key conditions set by the IMF which Egypt had to meet before the approval of a...
El Salvador May Become One of the World’s Richest Countries Due to Bitcoin Holdings
8.3.2024
El Salvador – one of the smallest and most densely populated countries in Central America – may eventually become one of the wealthiest countries in the world because of its Bitcoin holdings. For context, the country became the world’s first nation to accept Bitcoin as legal tender in September...
BlackRock’s Global Allocation Fund to Invest in Spot Bitcoin ETFs
8.3.2024
BlackRock, the world's largest asset manager, announces spot Bitcoin ETF inclusion in its popular Global Allocation Fund. This move reflects BlackRock's expanding cryptocurrency investments, which include its own rapidly growing iShares Bitcoin Trust (IBIT).
The post BlackRock’s Global...
Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund
8.3.2024
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission...
Crypto Billionaire Arthur Hayes and BRC-20 Creator Domo Invest in Bitcoin Ordinals Wallet Oyl’s $3M Raise
8.3.2024
BitMEX founder and American crypto billionaire Arthur Hayes joined anonymous developer Domo, creator of the Bitcoin BRC-20 token standard, in a $3 million pre-seed funding round for Bitcoin Ordinals wallet Oyl. Crypto asset manager Arca led the round. Other backers include Kanosei and FlamingoDAO....
Pro-Bitcoin Senator Cynthia Lummis Leads Push for Stablecoin Regulation: A Look at the Bill and Its Impact
8.3.2024
U.S. Senators Cynthia Lummis and Kirsten Gillibrand are getting ready to unveil a landmark stablecoin regulation bill. The bill has received support from stakeholders including the Treasury and the New York Department of Financial Services.
The post Pro-Bitcoin Senator Cynthia Lummis Leads Push...
Anthony Pompliano Predicts Bitcoin’s Price Could Double Soon; Leading Crypto Could Eventually Eclipse Gold
8.3.2024
In a CNBC interview, Pomp Investments’ Anthony Pompliano delivered an optimistic forecast for bitcoin, suggesting a potential rise to $138,000 per unit shortly. He pointed out that historically, bitcoin has doubled its value within 18 days or less after surpassing previous peak prices...
Women Are Usually Savers Instead of Investors (Can Bitcoin Change That?)
8.3.2024
Email Shows Digital Currency Group and Gemini Explored Merger Before Genesis Bankruptcy
8.3.2024
In an email found within the motion by Digital Currency Group (DCG) and Barry Silbert to dismiss the lawsuit initiated by the New York Attorney General, discussions of a potential merger between Gemini and Genesis were revealed before Genesis ultimately opted to declare bankruptcy. “Combined...
Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge
8.3.2024
In a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto...
Bitcoin Price Pumps to New All-Time Highs Above $70,000 – Where Is It Headed Next?
8.3.2024
The Bitcoin (BTC) price just pumped to new all-time highs above $70,000 in volatile trade, but has since pulled back to $67,000. But profit-taking could be easing, setting the stage for an imminent pump above $70,000.
The post Bitcoin Price Pumps to New All-Time Highs Above $70,000 – Where Is...
From Laughs to Loot: Meme Coins FLOKI and PEPE See Explosive Growth Amidst Crypto Surge
8.3.2024
On Friday, bitcoin and ethereum experienced modest upticks, registering increases of 2% to 5%, respectively. Meanwhile, the meme coin FLOKI has soared by 70% in the last 24 hours, with PEPE also making notable gains of 32.7%. Friday saw around ten cryptocurrencies achieving double-digit increases...
'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record
8.3.2024
Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday's action
Bitcoin Sets New Record, Climbs Above $70,000 Mark; Ethereum Hits $4K Milestone
8.3.2024
Bitcoin has once more surpassed its previous highest point of $69,210, established on March 5, 2024, as documented by Bitstamp. Currently, the digital currency holds steady above the $68,000 mark, having outdone its prior peak and ascended to $70,184 per coin. New Peaks: Bitcoin Tops $70,000 While...