Bitcoin

Robinhood Moves Forward With Acquisition of Bitstamp

Robinhood Markets Inc. is moving forward with its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. As part of this process, Robinhood Crypto LLC has submitted a change of control application to the New York Department of Financial Servic...

7 Jul 2024

UBS Rates Gold as Most Preferred Geopolitical Hedge and Portfolio Diversifier

UBS sees gold as an attractive geopolitical hedge and portfolio diversifier, rating the metal as most preferred in its investment lessons for the second half of the year report. The bank highlights strong market performance driven by AI investment and ...

7 Jul 2024

North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The governor ar...

7 Jul 2024

Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500

Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way from over.” He predicts significant price falls for both bitcoin and ethereum, suggesting a potential crash if cri...

7 Jul 2024

Robert Kiyosaki Predicts $10 Million Bitcoin and $15,000 Gold After Major Market Crash

Rich Dad Poor Dad author Robert Kiyosaki predicts an imminent economic crash followed by a significant bull market where bitcoin could easily reach $10 million per coin, gold could reach $15,000 an ounce, and silver possibly $110 an ounce. Kiyosaki sug...

6 Jul 2024

Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year

Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt. Gox distribution. He expects “a pretty sharp rebound” for bitcoin in the second half of this year, citing the...

6 Jul 2024

Bitcoin Proponent Bruce Fenton Calls Out Jack Dorsey Over Censorship Allegations During Twitter Tenure

Over the weekend, a prominent personality in the bitcoin and blockchain sector, Bruce Fenton, addressed Jack Dorsey, CEO of Block, Inc., through a post on the social media platform X. Fenton asserts that Dorsey owes an explanation, as Twitter’s s...

6 Jul 2024

Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections

As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. ...

6 Jul 2024

NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn

Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately $109 million in NFT sales were recorded, marking an 8.1% rise from the previous week. NFT Transactions Surge 4...

6 Jul 2024

Crypto Prices Plunge 20% as Mt. Gox Wallet Moves | Key Points | July 5, 2024

This sudden drop wiped out recent gains and caused chaos in the market, showing just how unpredictable crypto can be.

5 Jul 2024

SEC’s Case Against Binance Moves Forward With Major Allegations Intact

The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and fraudul...

29 Jun 2024

NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week

Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles d...

29 Jun 2024

‘Secrecy of Crypto Usage’ Drives Youth Cryptocurrency Adoption, Says Nigerian Regulator

According to a Nigerian regulator, young people who are adopting cryptocurrencies are drawn to their secrecy, and many of them do not have bank accounts. However, the regulator also stated that the Securities and Exchange Commission (SEC) will continue...

29 Jun 2024

FTC Warns: Social Media Investment Scams on the Rise

The U.S. Federal Trade Commission (FTC) has warned consumers about a surge in social media investment scams, especially in cryptocurrency. These scams involve fraudulent messages claiming guaranteed high returns with little or no risk. The FTC advises ...

29 Jun 2024

5 Exciting Projects Being Built on Bitcoin

Check out the following projects, you may not know, are actually being built on top of Bitcoin.

29 Jun 2024

Malicious Crypto Wallet App Submitted to Apple Store Leads to Fraud Charges

The U.S. Department of Justice (DOJ) announced on Wednesday that Nikita Andreevich Sklyuev, also known as Valeriy Dorojkin, has been extradited from Ukraine and arraigned in Buffalo, NY, on charges of wire fraud and fraudulent use of an unauthorized ac...

29 Jun 2024

Dozens Killed in Riots as Kenya Revolts Against Tax Hikes, Calls for Presidential Resignation

Dozens of citizens were killed in Kenya as a result of riots seeking to protest the possible signing of a bill that would approve tax hikes on daily services and items, such as internet and fuel, in a plan to raise an additional $2.7 billion in revenue...

29 Jun 2024

North Carolina Passes Bill to Block State Participation in Federal CBDC Testing

The General Assembly of the U.S. state of North Carolina has approved a bill that prevents the state from participating in the Federal Reserve’s testing of a central bank digital currency (CBDC). The General Assembly is North Carolina’s leg...

29 Jun 2024

Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024

Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms...

29 Jun 2024

Bitcoin price won’t ‘dramatically’ increase from here, says billionaire

Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist freedom tool hasn’t been fulfilled.

29 Jun 2024

Yield App Suspends Operations Ahead of Liquidation

Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted operations d...

29 Jun 2024

Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says

Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to sa...

28 Jun 2024

Bitdeer’s stock climbs after revealing 570 MW expansion in Ohio

Bitcoin miner Bitdeer has announced a 570 MW strategic partnership with the Monroe County Port Authority in Ohio to boost its power capacity, according to a June 28 statement shared with CryptoSlate. Under this arrangement, Bitdeer will lease the land in the county’s Hannibal Industrial Park in Clarington for 30 years. The site is a […]
The post Bitdeer’s stock climbs after revealing 570 MW expansion in Ohio appeared first on CryptoSlate.

28 Jun 2024

Price analysis 6/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Altcoins see another week of rocky trading, while traders are viewing Bitcoin price dips as a buying opportunity, as seen from the fresh inflows into the spot Bitcoin ETFs.

28 Jun 2024

BTC price support ‘thinning’ below $60K, while Bitcoin ignores cool PCE

BTC price performance offers little inspiration through the latest U.S. macro data, but concern is brewing among Bitcoin analysts over $60,000 support.

28 Jun 2024

Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait

On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After ...

24 Jun 2024

Can $60K BTC price support hold? 5 things to know in Bitcoin this week

Bitcoin sentiment is taking a serious beating after BTC price weakness sees six-week lows return.

24 Jun 2024

User Games Zksync Airdrop, Receives Over $1.1 Million in 350 Wallets

K1z4, an X user, recently revealed that they had farmed the Zksync airdrop, receiving over 6.6 million ZK tokens, valued at over $1.1 million. K1z4 specified that they had used an elaborate setup of 350 wallets with different IPs and various tools to m...

24 Jun 2024

Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin

If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million.

24 Jun 2024

AI Depin Project Grass to Implement Rewards Distribution Using Solana

Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data an...

24 Jun 2024