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Australian Police Officer in Court for Stealing Nearly 82 BTC From Seized Drug Trafficker’s Wallet
20.2.2024
An Australian police officer recently appeared in a Melbourne court where he faced charges of stealing 81.616 bitcoins from a crypto wallet seized from drug traffickers. After initially blaming the drug traffickers,’ the Australian Federal Police later reopened the case after an expert found...
Top 10 Wirehouses will Get Involved in Bitcoin ETFs amid Institutional FOMO: Galaxy Asset Management
20.2.2024
Galaxy Asset Management's global head Steve Kurz expects top wirehouses to increase their involvement in spot Bitcoin (BTC) ETFs within the next year.
The post Top 10 Wirehouses will Get Involved in Bitcoin ETFs amid Institutional FOMO: Galaxy Asset Management appeared first on Cryptonews
Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets
20.2.2024
Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However...
Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares
19.2.2024
In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong...
Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
19.2.2024
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including...
Edward Snowden Calls Bitcoin the “Most Significant Monetary Advance Since The Creation of Coinage”
19.2.2024
Whistleblower Edward Snowden ignited controversy with his claim that Bitcoin represents the most significant monetary advance since the creation of coinage. His views sparked heated debate surrounding Bitcoin's role in finance and its relationship to government regulation.
The post Edward Snowden...
Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH
19.2.2024
Fixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working to eliminate all possible vulnerabilities. Meanwhile...
Best Crypto to Buy Today February 19 – Worldcoin, The Graph, Arweave
19.2.2024
Bitcoin (BTC) is holding above $52,000 on Monday in wake of data revealing record weekly inflows into crypto investment products, but investors looking for quick near-term gains continue to scour micro-cap markets on the hunt for top crypto gainers today.
The post Best Crypto to Buy Today February...
Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein
19.2.2024
Wealth management firm Bernstein suggested Ethereum (ETH) may be the only digital asset after Bitcoin (BTC) to secure a spot ETF.
The post Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein appeared first on Cryptonews
Best Crypto to Buy Today February 19 – Worldcoin, The Graph, Arweave
19.2.2024
With Bitcoin (BTC) holding above $52,000 on Monday in wake of data revealing record weekly inflows into crypto investment products, investors are scouring altcoins markets for the best crypto to buy today.
The post Best Crypto to Buy Today February 19 – Worldcoin, The Graph, Arweave appeared first...
Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period
19.2.2024
Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range....
Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi
19.2.2024
The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency regulation has been introduced in seven states...
Coinbase Commerce Removes Native Bitcoin Payment Support for Merchants – What’s Going On?
19.2.2024
Coinbase has removed support for native Bitcoin (BTC) and other UTXO (Unspent Transaction Output) coins on its payment platform for merchants, Coinbase Commerce. In a recent post on X, Lauren Dowling, the exchange’s head of product, said that the removal of native Bitcoin and UTXO support...
Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches
19.2.2024
The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the daily creation of Ordinal inscriptions, overall easing...
Bitcoin’s Pre-Halving Jitters — Historical Trends Spotlight Potential Price Dip Ahead of 2024 Event
18.2.2024
As the Bitcoin network nears its fourth halving event, numerous market watchers and cryptocurrency enthusiasts are curious about whether the price will experience a temporary decline before the halving occurs. Historically, bitcoin’s value has surged six to seven months ahead of halvings...
Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations
18.2.2024
With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010...
Bitwise Chief Investment Officer Foresees Bitcoin Price Surpassing $80,000 Amid ETF Boom
18.2.2024
The price of Bitcoin (BTC) is expected to soar beyond $80,000 this year thanks to the recent success of exchange-traded funds (ETFs), according to Bitwise Chief Investment Officer Matt Hougan. The approval of Bitcoin ETFs has shattered records and triggered an influx of funds into...
New Wave of Bitcoin ETFs Acquire 264,232 BTC Worth $13.5B in Just 5 Weeks, Blackrock’s IBIT Leads Charge
17.2.2024
In the last 37 days, the newly introduced nine spot bitcoin exchange-traded funds (ETFs) have rapidly accumulated a remarkable total of 264,232.74 bitcoin, now valued at $13.5 billion based on the current exchange rates. Leading the pack, Blackrock’s IBIT ETF holds a substantial 43% of this...
April 2024 Bitcoin Halving Sparks Worldwide Curiosity, Data Reveals
17.2.2024
A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark. Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant...
Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion
17.2.2024
On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1 million bitcoin. Based on the current market prices, the stash secured by...