Bitcoin, Ethereum Fall Following Jobless Claims Data; BitTorrent Becomes Top Loser
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $44,000 level on Thursday. Ethereum (CRYPTO: ETH) also fell slightly, but remained above the key $2,200 mark this morning. ORDI (CRYPTO: ORDI) was the top gainer over…
Bitcoin’s Fate Rests On ETF Approval: Will It Lead To An All-Time High Or A Sell-The-News Plunge?
Bitcoin (CRYPTO: BTC) has seen its value increase by 15% since the start of the month. This uptick is closely tied to the progress surrounding spot Exchange-Traded Funds (ETFs). The cryptocurrency’s all-time high depends on the real flows that the…
Uphold launches Vault – a revolutionary form of self custody for the mass market
‘Assisted Self Custody’ redefines how digital assets are stored and accessed, removing risk and complexity. Makes self custody easier and better for the average user Combines ultimate security with the convenience of CeFi trading Users can move assets without any dependence…
Kenyan lawmakers move to regulate, tax cryptocurrencies
By John Muchira in Nairobi Kenya has set in motion plans to regulate and tax the fast-expanding cryptocurrency industry, a development that will result in about 4mn Kenyans being subjected to taxation. Parliament’s Finance and National Planning Committee has approved…
‘Satoshi-Era’ Bitcoin Worth $43M Moves After A Decade Of Dormancy
Over a thousand Bitcoins (CRYPTO: BTC) from the “Satoshi era†changed hands earlier this week. What happened: The “Satoshi era†refers to the period during which Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was active, approximately from 2009 to 2011. In this…
Phoenix Group and Whatsminer Seal $380M Deal for Sustainable Hydro-Powered Mining Innovation
ABU DHABI, UAE, Dec. 07, 2023 (GLOBE NEWSWIRE) — In conjunction with its successful listing on the Abu Dhabi Securities Exchange (ADX), Phoenix Group PLC, a leader in the realms of cryptocurrency mining and blockchain technology, announces a groundbreaking contract…
U.S. Ark sells Coinbase shares for 3 consecutive days – this time for $24.3 million | CoinDesk JAPAN
Cathie Wood’s ARK Invest announced on December 6th that the stock price of crypto asset (virtual currency) exchange Coinbase was hovering near a 19-month high. The same stock was sold for consecutive days. The sale of 180,422 shares would have…
Bitcoin’s Bull Run Cripples Short Stock Sellers, Drains $2.6B From Their Pockets
In a stunning twist of fate, Bitcoin’s bull run has led to a $2.6 billion blow for crypto short sellers in less than three months, as reported by financial data firm S3 Partners. What Happened: Decrypt reported that Bitcoin’s value…
“Bitcoin ETF approval will be a decisive blow to boost institutional investors†ARK CEO Wood
Approval for virtual currency investment Cathie Wood, CEO of the U.S. hedge fund ARK Invest, said that the U.S. Securities and Exchange Commission’s (SEC) approval of Bitcoin spot ETFs (exchange traded funds) will be a great opportunity for institutional investors…
A major French bank issues its first stablecoin “EURCV†on Ethereum and lists it on Bitstamp.
Listed on Bitstamp SG-FORGE, a subsidiary of Société Générale, a major French bank, has launched EUR CoinVertible (EURCV), a euro-linked stablecoin issued on the Ethereum blockchain. Euro stablecoins already exist, but this is the first time a French bank-backed stablecoin…