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Nalezeno "r/Bitcoin": 62439

Samson Mow Doubles Down on $1 Million Bitcoin Price Prediction


Samson Mow, CEO of JAN3, recently doubled down on his earlier prediction about bitcoin reaching $1 million this year. In an interview, Mow stated that the market was wrong, and that bitcoin was “massively undervalued” at current prices. “There is so little bitcoin out there...

Indian Police Investigate Cryptocurrency Fraud Targeting Ex-Servicemen


Three former servicemen in India have lodged a complaint with the Chandannagar police, Pune, accusing eight officials from a trading firm of defrauding them of over Rs. 79.81 lakh (approximately $96,000) through a cryptocurrency scam since 2022. The ex-servicemen had invested their retirement...

India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index


India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations....

UK Bill Recognizes Digital Assets as Personal Property Under New Law


The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better...

Analysts Anticipate Altcoin Outperformance and Bullish Q4


Bitfinex’s analysts anticipate a potential shift in cryptocurrency market dynamics. With bitcoin’s dominance decreasing and altcoins showing resilience, they suggested that altcoins could outperform bitcoin in the coming months, especially if macroeconomic conditions improve. They...

Open Oracle Network DIA Launches Lumina to Bolster Web3 Data Infrastructure


DIA, an open oracle network, has launched a new oracle architecture called Lumina. The design aims to enhance trustless data infrastructure for Web3, offering improvements in scalability and decentralization. DIA Introduces Lumina: A New Trustless Oracle Architecture According to the statement...

Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users’ Bank Accounts


A Nigerian anti-corruption agency froze bank accounts (over $330,000) belonging to suspected cryptocurrency users on global platforms like Kucoin and Bybit. The agency believes these users manipulated the Nigerian currency (naira) through their trading activity. The exchanges are also accused...

Metaplanet Grows Bitcoin Holdings With $2.2 Million Acquisition


Metaplanet, a publicly listed Japanese company, has significantly boosted its Bitcoin holdings with a recent acquisition of 38.6 bitcoin for $2.2 million (¥300 million). This purchase increases their total bitcoin assets to 398.8 BTC, valued at around $27.6 million (¥3.75 billion)....

HTX Freezes Over $80K in Stolen Assets: August Security Updates


PRESS RELEASE. User safety is always HTX’s top priority. The platform is dedicated to protecting user assets and has implemented regular security reports. HTX has previously released security reports for May,June, and July. The main content of HTX’s August Security Monthly Report...

Grayscale Launches SUI Trust for Accredited Investors


On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick transactions and affordable fees. Developed...

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