Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Over...
Tag: news
NFEX Raises $3M Seed Round to Build NFT Derivatives DEX – Press release Bitcoin News
press release PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NF...
South Korea’s Second-Largest City Aims to Become a Crypto Hub – Featured Bitcoin News
South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto cou...
Court Lets Lawsuit Against Fox News Move Forward—Here’s Where Dominion And Smartmatic’s Defamation Suits Stand Now
Topline Voting company Smartmatic’s defamation lawsuit against Fox News and several of its anchors can move forward, a judge ruled Tuesday, also reinstating some claims against attorney Rudy Giuliani,...
Income Movement Rightfulshare Says It Has Launched ‘First Unconditional’ Crypto UBI in South Africa – Africa Bitcoin News
Rightfulshare, an income equality advocacy movement, recently said it has launched what it describes as the “first unconditional” crypto universal basic income (UBI) transfer. According to Karen Joost...
UK Payments Company Wirex Becomes Visa Global Partner, Extends Crypto Card Program Reach to Over 40 Countries – Bitcoin News
Wirex, a London-based digital payments company, has announced it has become a global partner of Visa, to allow the company to bring its card services to more markets in the world. The new partnership ...
Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year – Finance Bitcoin News
Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and bus...
UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved – Regulation Bitcoin News
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registrati...
Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament
A report on a draft measure that would require banks that hold cryptocurrencies to put aside a significant amount of capital in an attempt to mitigate possible risk has been published by the European ...
USDC’s Circle Not Behind Action On BUSD News
In the wake of the regulatory action against the issue of BUSD and the involvement of Binance and Paxos in it, Binance CEO CZ spoke to the audience in an Ask Me Anything event on Tuesday. He said Bina...
Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and Gold Soaring to $5K – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will hit $500,000 by 2025. During the same time period, he expects the price of g...
What Happens When the Bitcoin Blockchain Produces an Empty Block
Bitcoin (BTC) is a digital currency that is renowned for its durability, security, and dependability. A new block is added to the network on average every ten minutes, and the miner who successfully c...
Hello Pets Depict an Open Entertainment Ecosystem and Aim to be the Next Disney in Web3 – Sponsored Bitcoin News
sponsored Hello Pets team is building an open entertainment ecosystem where the community can join in the storytelling and art creation of shared IPs. Starting from their own adorable pet characters, ...
Huobi to Discontinue Cloud Wallet Service in May 2023
Huobi, a cryptocurrency exchange, has said that it would end its Huobi Cloud Wallet platform five years from now, in May 2023, citing “strategic and product modifications.” The maintenance...
South Sudan Government Bans US Dollar Transactions – Africa Bitcoin News
The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local payments be settled in the local currency. The Salva Kiir Mayardit government rep...
U.S. District Judge Kevin Castel Grants Request to Defer civil cases
Civil proceedings against Sam Bankman-Fried from the Commodities Futures Trading Commission and the Securities Exchange Commission have been postponed until after the FTX founder’s criminal tria...
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours – Markets and Prices Bitcoin News
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, r...
CEO of Analytic firm: CPI News Today Could Push Bitcoin Sideways
Matthew Dixon said CPI’s outcome could affect Bitcoin today. The crypto market is about to lose the $1 trillion cap as BTC and ETH trade in the red. Crypto traders bought and sold over $550M Solana in...
Iris Energy to Triple Mining Capacity With Thousands of New Rigs
Iris Energy, a Bitcoin (BTC) mining firm located in Australia, has said that it plans to roughly increase its mining capacity by adding thousands of mining rigs. The company said on February 13 that i...
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake – Bitcoin News
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tu...
Paxos Trust Company Disagrees With U.S. Securities
Paxos Trust Company has issued a statement in which it “categorically disagrees” with the United States Securities and Exchange Commission’s characterization of Binance USD (BUSD) as...
Czhang Lin Explains the Investment Strategy of LBank Labs in Web3 – Interview Bitcoin News
LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank. Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund ...
Binance, Circle, and Paxos Receive Regulatory Scrut
It has been claimed that the New York State Department of Financial Services, often known as the NYDFS, received a complaint about Binance’s reserves from the stablecoin issuer Circle prior to t...
US Inflation Remains Higher Than Expected, Raising Concerns Among Investors – Economics Bitcoin News
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue ...
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt, a marketplace for digital assets, has made the announcement that it intends to move its primary focus to B2B technology solutions. The firm has announced that it would be discontinuing its cons...
SOL Rebounds, TRX up for Fifth Straight Session – Market Updates Bitcoin News
Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, h...
Blender is relaunched as Sinbad
According to risk management company Elliptic, the cryptocurrency mixer known as Blender, which was blacklisted by the Office of Foreign Assets Control of the United States Department of the Treasury ...
SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude – Bitcoin News
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until h...