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Spanish Watchdog Initiates Sanctions Against Miolos for Violating Crypto Ad Rules
9.11.2023
Source: Pixabay The National Securities Market Commission (CNMV) of Spain has opened its first crypto infringement case against local technology provider Miolos. CNMV, the Spanish securities markets regulatory body, released an agreement on Wednesday, announcing “sanctions proceedings” against...
Bitcoin Jumps Nearly 4% as US SEC Opens Talks With Grayscale Over Spot ETF Conversion
9.11.2023
Source: Pexels The leading cryptocurrency, Bitcoin, is racing towards $37,000 as it has surged nearly 4% in the last 24 hours Bitcoin has been pumping recently based on the speculation around spot Bitcoin ETF conversion that will bring major institutional funds to invest in the largest...
Here Are 3 Reasons Why Now is a Good Time to Buy Bitcoin
8.11.2023
Bitcoin Logo / Source: Adobe Last trading in the $35,300s and only just below recent yearly highs in near $36,000, Bitcoin (BTC) is up a stunning more than 110% on the year. Having been as much as 77% down from its all-time highs when it fell into the $15,000s last year, Bitcoin has now managed...
Athena Bitcoin to Integrate Lightning Network for Bitcoin ATMs in El Salvador
8.11.2023
Source: Pixabay / Michael Wuensch Athena Bitcoin has announced plans to integrate the Lightning Network into its crypto ATM fleet in El Salvador with wider expansion targeted at the entire Latin American region. In a Nov 7 press release, the company revealed it has enabled the technology...
Jamf Spots New MacOS Crypto Malware Attributed to North Korea’s Lazarus BlueNoroff Group
8.11.2023
Source: Pixabay BlueNoroff, the notorious hackers’ group with links to North Korea’s Lazarus, has debuted a fresh MacOS malware targeting financial institutions. Uncovered by researchers from the Apple device management firm – Jamf, the perpetrators have been hiding behind...
Bitcoin Price Prediction: Custodia’s New Move, CFTC & Crypto Oversight
8.11.2023
In the fluid realm of digital currencies, Bitcoin‘s valuation has taken a modest uptick, registering a 1.20% climb to reach $35,365 on Wednesday. Amidst this nuanced shift in market dynamics, notable developments have surfaced. Custodia Bank, spearheaded by the astute Caitlin Long,...
Coinbase to Cease Bitcoin SV Support by Jan 2024, Urges Holders to Withdraw Tokens
8.11.2023
Source: Adobe / prima91 Leading crypto exchange and wallet Coinbase on Tuesday, unveiled plans to completely cease support for Bitcoin SV (BSV) token. The platform had delisted the token in 2021. Coinbase confirmed the changes in a note sent to users stressing that the platform “will no longer...
Bitcoin Price Prediction as Analyst Says ‘Santa Claus Squeee’ Will Shoot Prices Higher – Time to Buy?
7.11.2023
Bitcoin’s recent slip below the $35,000 threshold marks a pause in its latest bull run, but the market’s optimism doesn’t seem to wane, as the Fear & Greed Index hovers at a confident 73. This pullback has not dampened the broader positive market mood, with the trajectory...
Bitcoin whales making massive transfers: What’s in store for the future?
7.11.2023
Bitcoin whales’ activities are not new in the market. They are the operator in the crypto world who can manipulate the price for retail investors. So you have to learn more about their activities. Recently, huge transfers of 27K BTC raised concern for the potential movement. So, what...
Bitcoin Price Prediction: BTC Stabilizes Near $35,000 Amid SEC Hiring Woes & Rising Fees
7.11.2023
As the digital currency market continues to evolve, Bitcoin faces a new set of challenges and endorsements. Currently priced at $34,901, Bitcoin has seen a slight decline of 0.25% as of Tuesday. The US Securities and Exchange Commission is grappling with its own set of issues, particularly...
Bitcoin Price Prediction as $35,000 Resistance is Surpassed – When is the Next Leg Up?
7.11.2023
Bitcoin (BTC) has continued its upward trend, bouncing back above the $35,000 mark early on Monday following a brief dip linked to legal issues involving FTX founder Sam Bankman-Fried. The overall market sentiment, gauged by the Fear & Greed Index, currently stands at 73, indicating a state...
Bitcoin’s Price Surge Fails to Entice Former Day Traders
6.11.2023
The price of Bitcoin has rallied in recent weeks, more than doubling from its November 2022 lows after the UK collapse of the cryptocurrency exchange FTX. Former day traders who previously made big profits from Bitcoin’s volatile swings say they have no plans to return, however, even...
China’s BTC Digital Bolsters Bitcoin Mining Capability with 220 Units – Crypto Mining Making a Comeback?
6.11.2023
BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 Bitmain Antminer S19j Pro Bitcoin mining machines, bolstering its Bitcoin mining capabilities. According to an announcement from the firm, the machines, which are set to be delivered...
Bitcoin Wallets Holding Over $1K Surge to 8M, Setting New Record
6.11.2023
According to current data from Blockware Solutions and Glassnode, the number of Bitcoin wallets with balances exceeding $1,000 has reached a new high. Data analysis reveals that the number of such wallets has reached 8 million, signaling a potential shift in investor behavior and hinting at...
Bitcoin & Ethereum soar after appreciating against USD & Gold
6.11.2023
Glassnode recently revealed data regarding Bitcoin and Ethereum. It solidified what investors have already witnessed for the past several months. Both Bitcoin and Ethereum have expanded their dominance across the financial market. The cryptocurrencies have secured massive appreciation against gold...
Bitcoin Price Prediction: Bitcoin Dips Nearly 1%, Eyes ETFs & Munger’s Critique in Market Rally
6.11.2023
Bitcoin, the pioneering cryptocurrency, has experienced a slight dip of nearly 1% amidst a broader market rally, drawing the attention of investors and analysts alike. As it navigates through the tumultuous tides of the financial markets, Bitcoin‘s trajectory is influenced by a myriad...
Arthur Hayes Warns of Institutional Hold on Bitcoin – Innovation or Centralization?
6.11.2023
Growing institutional custody service over bitcoin is raising alarms. Arthur Hayes, the founder of Maelstrom Fund, said that bitcoin’s core value of decentralization could be at risk. In a recent podcast with Blockworks, Hayes portrayed a future where dominant financial establishments could...
Billionaire Investor Charlie Munger Sees Bitcoin’s Rise as Disruptive Threat to Traditional Finance
6.11.2023
Berkshire Hathaway’s Vice Chairman, Charlie Munger, recently reiterated his harsh critique of Bitcoin, labeling it as a threat to traditional finance in an interview with the Wall Street Journal. Munger, the long-time business partner of Warren Buffett, didn’t mince words in expressing...
Hong Kong is Considering Allowing Spot Crypto ETFs, SFC Head Reveals
6.11.2023
Hong Kong is considering allowing spot exchange-traded funds (ETFs) that directly invest in cryptocurrencies. Julia Leung, Chief Executive Officer of the Securities and Futures Commission (SFC), revealed that the option of granting retail investors access to spot crypto ETFs is under consideration...
Bitcoin Price Prediction as Weekend Trading Volume Pushes Past $10 Billion – Here are Key Levels to Watch
5.11.2023
Over the weekend, Bitcoin‘s trading volume surpassed $10 billion, reflecting its robust activity in the market. The cryptocurrency experienced a modest gain of nearly 1.50% on Sunday, with its price reaching $35,228. The rise in Bitcoin’s value accompanies positive endorsements from...