DMM Bitcoin, a cryptocurrency exchange in Japan, faced a massive security breach in May 2023, when North Korean hackers stole 4,500 Bitcoins, worth about $320 million at the time. It hugely impacted t...
Category: Bitcoin
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Thailand May Explore Bitcoin Payments in Phuket
Thailand made significant progress in the crypto sector in 2024 with the launch of its Digital Asset Regulatory Sandbox. Recently, former Prime Minister Thaksin Shinawatra proposed using Bitcoin to ma...
Bitcoin Address Transfers $1.19 Billion as Mempool Data Reveals Major Transaction
On December 26th, COINOTAG reported a significant transfer in the Bitcoin network, where an address ranked 30th on the Bitcoin rich list (beginning with 3DR2iG) executed a transaction of 11,999 BTC, v...
Market Momentum Builds as Bitcoin Reserves Decline on Binance
Analysts now predict that Bitcoin could climb to $187,500 in the coming months. On the other hand, Ethereum shows signs of outperforming Bitcoin in 2025 due to a potential breakout in the ETH/BTC rati...
Here’s What Needs to Change for Bitcoin to Reach $110K: Santiment
Bitcoin’s price actions took a turn for the better over the past few days, and the asset even came close to $100,000 yesterday evening as the crowd became highly bullish again. However, it was stopped...
Japan’s Stance on Bitcoin Reserves: A Clear Rejection
The government of Japan has officially responded to Senator Hamada, stating that it has no intention of adopting Bitcoin as part of its foreign exchange reserves due to a lack of understanding and con...
Will Bitcoin’s Resistance Levels Trigger a Drop?
Crypto strategist Rekt Capital has issued a warning regarding Bitcoin‘s potential decline due to rising resistance levels. In a post shared on the social media platform X, he highlighted Bitcoin’s ong...
Thailand Explores Bitcoin Tourism Payments Amid Regulatory Challenges and Industry Support
Thailand is embracing cryptocurrency innovation with the introduction of a Digital Asset Regulatory Sandbox aimed at facilitating Bitcoin payments in tourism. Former Prime Minister Thaksin Shinawatra ...
Russia’s Shift on Bitcoin Amid Mining Ban: Exploring New Regulatory Approaches and Global Reserve Strategies
Russia’s recent decision to ban cryptocurrency mining amid its quest for energy efficiency highlights a shifting dynamic in the global crypto landscape. The move signifies a growing awareness of the n...
Russia bans crypto mining across key regions as world debates Bitcoin reserves
Russia has banned crypto mining in 10 regions, citing energy demands and pricing disparities Putin acknowledged Bitcoin’s potential, signaling a shift towards balanced digital asset regulations As dis...
Bitcoin Nears 21 Million Supply Cap as 19.8 Million Coins Mined
Bitcoin’s circulating supply this month surpassed 19.8 million coins, bringing the world’s largest cryptocurrency by market value within 1.2 million of its maximum limit of 21 million. This milestone...
Russian Firms Embraces Bitcoin for Global Trade Amid Western Sanctions
Russian Finance Minister Anton Siluanov revealed on Wednesday that domestic firms are now utilizing Bitcoin and other digital assets for international payments, which is enabled by recent legislative ...
Crypto Price Today (Dec 26th, 2024): Bitcoin Price at $98k
Crypto Price Today The crypto market today has shown a slight decline in its valuation over the past 24 hours, with its market capitalization taking a fall of 0.79% to $3.4 trillion. This was accompan...
Bitcoin Whales Ramp Up Accumulation Through Private Transactions, Reveals CryptoQuant CEO
On December 26th, CryptoQuant’s CEO, Ki Young Ju, highlighted significant activity among large-scale investors, commonly referred to as whales, who are increasingly accumulating Bitcoin through discre...
Japan’s Prime Minister Indicates Uncertainty on Bitcoin Reserve Strategy Amid U.S. Movements
Japan’s Prime Minister recently acknowledged the country’s hesitation in adopting a Bitcoin strategic reserve due to insufficient information on global trends. In a statement, Prime Minister Shigeru I...
Japan’s Stance on Bitcoin as a Reserve Currency Remains Uncertain Amid U.S. Developments
The Japanese government’s reluctance to adopt Bitcoin as a reserve currency reflects ongoing global debates about cryptocurrency’s role in national finance. Despite increasing institutional adoption a...
Japanese Government Skeptical of Bitcoin Reserve
The Japanese government is reportedly not ready to embrace the idea of adopting Bitcoin as a reserve currency. Satoshi Hamada, a serving member of the House of Councillors, recently urged the Japanese...
BGB up +21.35%, BTC +0.13%, Bitget Token is The Coin of The Day – Daily Market Update for Dec 26, 2024 | CoinCodex
3 minutes ago | CoinCodex Key highlights: The total cryptocurrency market cap increased from $ 3.45T to $ 3.47T in the past 24 hours, representing a 0.42% change The Bitcoin price at press time is $ 9...
Israel Launches Six Bitcoin Mutual Funds for Regulated Investments
Israel approves six Bitcoin mutual funds, offering regulated access through top financial firms like Migdal and Phoenix Investment. Bitcoin mutual funds in Israel track indices such as BlackRock’s iSh...
Bitcoin rises after MicroStrategy announces plan to sell more shares
On Thursday, Bitcoin rose as MicroStrategy announced it plans to sell more of its shares to amass new funds and spend more on digital currency. According to a recent Bloomberg report, the world’s larg...
Kimchi Premium Soars for Bitcoin Amid Rising Short-Term Investors in South Korea
According to recent reports from COINOTAG News on December 26th, prominent CryptoQuant analyst Joo Hyun Ryu highlighted a significant surge in the Kimchi Premium, which has reached a noteworthy local ...
Japan government cautions against Bitcoin as National Reserve, citing volatility and security concerns
The government of Japan has clarified its unwillingness to include Bitcoin in its foreign exchange reserves in response to Hamada Satoshi’s question. According to a report by Coinpost, Prime Minister ...
Ripple Partner SBI Acquires DMM Bitcoin Assets, Plans Spot Trading Facility Soon
Ripple partner SBI Holdings’ arm has recently seized an important deal with hacked crypto exchange DMM Bitcoin, to help its users recover funds. SBI VC Trade said that the exchange’s customers will ha...
Japan Rejects Bitcoin Reserves as Global Discussions Heat Up
Bitcoin’s year-end rise to $100K has created a huge storm in the earlier stagnant market. With massive potential, the countries globally are planning to tap this trillion-dollar industry to support th...
Thailand Eyes Bitcoin Pilot with a Focus on Country’s Tourism Sector
Digital assets are overseen by the Securities and Exchange Commission in Thailand. The Thai central bank still forbids crypto payments, despite lobbying from businesses and politicians. Thaksin Shinaw...
BitVol Index Drops to 64.32: Understanding Bitcoin’s Implied Volatility Trends
On December 26, COINOTAG reported a significant development in the cryptocurrency derivatives market, as the BitVol Index, an indicator of Bitcoin’s implied volatility, fell to 64.32. This represents ...
Russia Embraces Bitcoin for Foreign Trade Amid Sanctions
Russia has begun using Bitcoin and other cryptocurrencies for international trade following legislative changes to counter Western sanctions, Finance Minister Anton Siluanov revealed. These measures i...
Binance Supports Thaksin’s Bitcoin Pilot Proposal
Binance Thailand has endorsed former Prime Minister Thaksin Shinawatra’s idea of using Phuket as a Bitcoin payment sandbox to attract tech-savvy tourists and investors. Gulf Binance CEO Nirun Fuwattan...
Japan’s Government Responds to Proposal for Bitcoin Reserve
Japan’s government has recently responded to the proposal made by Senate member Satoshi Hamada regarding the “trend of the United States and other countries promoting Bitcoin as a reserve asset.” The ...
Israel Joins the Bitcoin Boom with Six Mutual Funds: What’s Next?
Bitcoin touched its first ATH after ETF approval and in December it exceeded everyone’s expectations by hitting $100K though the market saw a sharp decline last week. The bulls have not lost hope Bitc...
Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?
Russia is embracing bitcoin for international trade to bypass Western sanctions, signaling a strategic shift toward digital currencies to counter economic isolation and strengthen global partnerships....
Matador Technologies Adds Bitcoin to Treasury Amid Diversification Push
Canadian crypto firm Matador Technologies announced a major shift in its capital preservation strategy this week after its Board of Directors unanimously approved the addition of Bitcoin and USD-denom...