Bitcoin

Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn

A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbi...

11 Mar 2024

Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race

In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten play...

11 Mar 2024

Developing a Keyless Crypto Wallet Utilizing Biometrics – KeychainX CEO Robert Rhodin

KeychainX AG, a Swiss-based crypto recovery company, has been assisting people in accessing their lost crypto since 2017. The company also holds patents around the world for a keyless crypto wallet that utilizes biometrics, such as fingerprints or even...

11 Mar 2024

From RBN to FLOKI: This Week’s Crypto Winners and Losers

While bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy is now valued at $2.72 trillion, up 3.62% over the past day. C...

11 Mar 2024

‘Greater Fools Are Watching’: Bitcoin Is Here to Stay, Elites Admit

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11 Mar 2024

Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly Inflows

In an unprecedented surge, global crypto investment products experienced a historic influx of $2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $2.7 Bil...

11 Mar 2024

‘Bitcoin Is Going to Eat Gold’: MicroStrategy’s Michael Saylor

Appearing on CNBC after his company on Monday announced the purchase of an additional 12,000 of bitcoin {{BTC]], MicroStrategy (MSTR) Executive Chairman Michael Saylor said the crypto will be a much more valuable asset than gold in the future.

11 Mar 2024

Beyond the Hype: Smog Token’s Rise as a Trailblazer in Crypto Alongside FLOKI and Pepe

Meme coin mania is in full swing as the new trading week begins. Among the Ethereum-based tokens gaining traction, Smog (SMOG) is catching investors’ attention alongside the surge in prices of Pepe (PEPE) and Floki (FLOKI). The speculative mania ...

11 Mar 2024

As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines

Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared to th...

11 Mar 2024

Bernstein Is ‘Now More Convinced’ That Bitcoin Will Hit $150K After Massive Rally

Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.

11 Mar 2024

BRC-20 Creator Domo Addresses Thorny Governance Issues With New ‘Lead Maintainer’ Appointments

Governance on BRC-20 and on Bitcoin general is often a thorny subject, as highlighted at the start of this year when Ordinals marketplace UniSat and Domo came into a potential conflict.

11 Mar 2024

Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise

Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well re...

11 Mar 2024

Crypto Funds Weekly Inflows Surge to Record of $2.7B

Bitcoin remained the focus of investors seeing $2.8 billion worth of inflows.

11 Mar 2024

Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge

Bitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with...

11 Mar 2024

Open interest reaches all-time high as Bitcoin touches $72k

Bitcoin setting a new all-time high and breaking above $72,000 is a significant milestone for the market. Riding the wave of increased institutional interest in spot Bitcoin ETFs, it smashed through the $68,000 ceiling established in November 2021 after a brief correction to $59,000 and seems to be gearing up for more gains this week. […]
The post Open interest reaches all-time high as Bitcoin touches $72k appeared first on CryptoSlate.

11 Mar 2024

Bitcoin’s Market Cap Jumps to $1.4T, Surpassing Silver

Bitcoin rose to a record high on Monday, fuelled by continued positive momentum of spot bitcoin ETFs.

11 Mar 2024

Donald Trump Sounds More Constructive on Bitcoin

Former United States president Donald Trump commented on bitcoin {{BTC}} during an interview on CNBC, stating that he's not sure he'd want to take bitcoin away if he became president.

11 Mar 2024

Bitcoin and Ethereum investment options to debut on London Stock Exchange

The London Stock Exchange intends to potentially list Bitcoin and Ethereum exchange-traded notes (ETNs) by the second quarter of this year, as revealed in a Mar. 11 market notice. This followed the UK’s Financial Conduct Authority (FCA) approval for Recognised Investment Exchanges (RIEs) to establish a listed market segment dedicated to crypto asset-backed ETNs, according […]
The post Bitcoin and Ethereum investment options to debut on London Stock Exchange appeared first on CryptoSlate.

11 Mar 2024

MicroStrategy Acquires 12,000 More BTC With Convertible Senior Notes Proceeds

The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion.

11 Mar 2024

First Mover Americas: Bitcoin Surpasses $71K, Reaches All-Time High

The latest price moves in bitcoin (BTC) and crypto markets in context for March 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

11 Mar 2024

Crypto Market Could Face Some Short-Term Headwinds, Coinbase Says

Positive drivers such as spot ETF inflows are likely to meet some important macro and technical headwinds in the coming weeks, the report said.

11 Mar 2024

Bitcoin Surge Sees Crypto Trading Volumes Exceed the Stock Market in South Korea

The KOSPI trading volume recorded 11.4794 trillion won on Mar.8, compared to nearly 12 trillion won on local crypto exchanges on Sunday.

11 Mar 2024

UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market

Products would be available to professional investors while retail consumers remain banned, the regulator said.

11 Mar 2024

Bitcoin Jumps Over $71K as UK’s FCA Lets Institutional Investors Create Crypto ETNs

The leading cryptocurrency had crossed $70,000 for the first time ever last week.

11 Mar 2024

Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks

The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.

11 Mar 2024

Bitcoin Whale From 2015 Moves ‘Sleeping Bitcoins’ Worth $163M as Historic Wallets Wake Up

As bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions, after letting the bitcoins remai...

10 Mar 2024

Latam Insights: Argentina Arrests $400 Million Cryptocurrency Ponzi Scheme Founders, Brazil Defines Crypto Regulation as a Priority

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: $400 million cryptocurrency Ponzi scheme founders were arrested in Argentina, the Central Bank of Brazil establ...

10 Mar 2024

The Tale of the Mysterious 2010 Bitcoin Whale: A Pattern of Consistent Liquidation Uncovered

Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that this ...

10 Mar 2024

Glassnode Insights Into Long-Term Bitcoin Holders Reveal 228% Average Unrealized Gain

An in-depth examination conducted by the onchain analytics firm Glassnode, alongside the researcher Cryptovizart, has shed light on bitcoin’s unexpected rise to record-breaking highs just before the halving occurrence, unveiling key aspects of m...

10 Mar 2024

Worldcoin Introduces Complaint Against Operations Ban in Spain

Worldcoin, the biometric iris scanning project, has introduced a complaint against the actions of the AEPD, the personal data protection agency in Spain. Tools For Humanity, the company behind Worldcoin, argues that the agency circumvented the General ...

10 Mar 2024