Crypto lender Nexo sues Bulgaria for over $3bn
By bne IntelliNews Cryptocurrency lender Nexo said on January 24 it has filed an arbitration claim against Bulgaria worth over $3bn for damages caused by charges filed against the company, but later dismissed by a court due to lack of…
How Much Does Bitcoin Need To Hit For Tesla To Break Even On Initial $1.5B Investment?
Elon Musk’s Electric vehicle powerhouse Tesla Inc’s (NASDAQ:TSLA) Bitcoin (CRYPTO: BTC) stash stands at 9,720 units after making sizable sales in early 2021 and mid-2022. What Happened: Tesla’s financial leap into Bitcoin began with a $1.5 billion investment, which saw…
Tesla’s Bitcoin holdings remain unchanged in the fourth quarter | CoinDesk JAPAN
Electric car manufacturer Tesla reported its financial results for the fourth quarter of 2023 on January 24th. According to the report, the company’s Bitcoin (BTC) holdings remained unchanged from the previous quarter. Bitcoin is not mentioned in the quarterly report,…
Bitcoin remains above $40,000 ahead of US GDP announcement and $5.8 billion option expiration | CoinDesk JAPAN
Bitcoin (BTC) gained a foothold above $40,000 during European trading hours on January 25th, while the dollar index traded mostly flat ahead of the release of US Q4 gross domestic product (GDP) data. ing. BTC, the top crypto asset (virtual…
Bitcoin Reclaims Spotlight In China Despite Ban, Offering Safe Haven For Investors
In the face of a struggling stock market and a declining property market, Chinese investors are increasingly turning to cryptocurrency, particularly Bitcoin, as a safer investment option. What Happened: A Reuters report on Wednesday detailed the growing trend of Chinese…
Could a court really order the destruction of ChatGPT? The New York Times thinks so, and it may be right
Old media, meet new. Idrees Abbas/SOPA Images/LightRocket via Getty Images On Dec. 27, 2023, The New York Times filed a lawsuit against OpenAI alleging that the company committed willful copyright infringement through its generative AI tool ChatGPT. The Times claimed…
$5.8 Billion Options Expiry Might Plunge Bitcoin And Ethereum Prices! Here’s The Market Sentiment
The post $5.8 Billion Options Expiry Might Plunge Bitcoin And Ethereum Prices! Here’s The Market Sentiment appeared first on Coinpedia Fintech News The crypto market in January didn’t experience the expected surge, even with the SEC’s approval of a spot…
EXCLUSIVE: SEC’s Green Light to Bitcoin ETF — Is 2024 A New Era For Cryptocurrencies?
Published by Benzinga In a landmark decision, the U.S. Securities and Exchange Commission (SEC) approved a Bitcoin Exchange-Traded Fund (ETF), marking a pivotal moment in the history of cryptocurrencies. This move, long-awaited by the crypto community, signals a significant shift…
Crypto Trader Makes $651,000 On Memecoin In Under 24 Hours For 220x Return
An unknown trader made $651,000 using only 1.31 ETH, worth $2,931, to buy Snowman, a memecoin launched on the Ethereum blockchain. What Happened: An unidentified trader spent 1.31 Ether (CRYPTO: ETH) to purchase 386.94 trillion tokens of the Snowman memecoin,…
N.J. men stole $24k from Pa. couple in Bitcoin scam, cops say
Two New Jersey men were arrested after they scammed a Pennsylvania couple out of $24,000 by convincing them their bank account had been compromised, authorities said. The fraud began when the victims — a married couple in their 70s from…