Here’s How Much BTC Big Bitcoin Holders Bought in Five Months Amid Market Volatility
Large investors have been actively accumulating Bitcoin during market downturns, potentially viewing them as buying opportunities and then selling during...
Bitcoin
Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels
Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day...
Crypto Industry Cheers as SEC Must Pay $1.8 Million for ‘Gross Abuse’ of Power
The Securities and Exchange Commission has been dealt another blow in its crusade against crypto after a judge ordered the...
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to...
Bitcoin (BTC) Price Ahead of Big Move, Ripple (XRP) Predictions, and More: Bits Recap May 30
TL;DR BTC’s price has been fluctuating recently between $67,200 and $70,000, currently at $68K. Analysts predict a major pump, with...
Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license...
Mastercard Launches Crypto Credential Service for Simplified Cross-Border Transactions
Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier...
PayPal chooses Solana to expand PYUSD stablecoin beyond Ethereum
Share this article PayPal has announced that it has chosen the Solana blockchain to expand its stablecoin, PayPal USD (PYUSD),...
Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739...
Michael Saylor Endorses Ethereum ETFs as Beneficial for Bitcoin
Michael Saylor, the founder and executive chairman of MicroStrategy, has recently expressed a change in his stance regarding spot Ethereum...
Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer...
Study: 60% of US Crypto Investors Don’t Understand Blockchain
According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do...
Nomura, Laser Digital and GMO Internet Partner to Explore the Issuance of Stablecoins in Japan
Nomura, a global financial services group, Laser Digital, a digital asset-based business, and GMO Internet, the parent company of stablecoin...
Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National...
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during...
Semler Scientific Commits $40 Million to Bitcoin Investment
Semler Scientific, a pioneer in healthcare technology, has demonstrated its forward-thinking approach by adopting Bitcoin as its primary treasury reserve...
Spot Bitcoin ETFs Now Hold Over 1 Million BTC
As of May 24, all Bitcoin exchange-traded funds (ETFs) collectively hold 1,002,343 BTC, with a significant portion allocated to U.S....
Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC)...
JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or...
Prospects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021
On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange...
Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K
As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto...
Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners...
