Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Fundstrat Predicts Bitcoin Will Reach $500,000 in 5 Years
Reading Time: < 1 minuteFundstrat analysts predict that the price of Bitcoin will soar to $500,000 in the next five years.
Wintermute’s OTC Trading Volume Rose 400% Last Year
Reading Time: < 1 minuteIn the latter half of 2023, Wintermute, a market maker, experienced a 400% rise in over-the-counter trading volume compared to the first six months.
SEC Gives Approval to 11 Spot Bitcoin ETFs Applications
Reading Time: < 1 minuteThe SEC has given the green light for 11 spot Bitcoin ETFs to be launched on an accelerated basis, according to a document uploaded to the SEC website.
BitGo Gets Provisional License in Singapore
Reading Time: < 1 minuteBitGo has received initial approval from Singapore’s main financial regulator for a Major Payment Institution license through its subsidiary based in Singapore.
A Physical BTC Wallet is Taken to the Moon
Reading Time: < 1 minuteAccompanied by astronauts, a crypto wallet holding 1 BTC is being transported on the lunar rocket Vulcan Centaur.
Data Marketplace Ta-da Completes a $3.5M Funding Round
Reading Time: < 1 minuteTa-da, an AI data marketplace, has recently completed a $3.5M funding round in which multiple leading blockchain VCs have taken part.
Marathon Mined Almost 2,000 BTC in December
Reading Time: < 1 minuteIn January, Marathon Digital Holdings announced that they had mined a record-breaking number of coins, specifically 1853 BTC, in December 2023.
SEC Reissues Crypto Warning
Reading Time: < 1 minuteThe SEC has issued a renewed caution against FOMO (fear of missing out) crypto investing, just days before the expected approval of spot Bitcoin ETFs.
TRM Labs Says North Korea-linked Hackers Stole $600M in Crypto Last Year
Reading Time: < 1 minuteCybercriminals from North Korea have been targeting and hacking into cryptocurrency wallets, resulting in large losses for token holders in South Korea.
Honduras Recognizes Bitcoin as a Unit of Account
Reading Time: < 1 minuteThe economic zone of Próspera in Honduras has officially adopted Bitcoin as a unit of account.
ACE Exchange Founder is Arrested for Fraud
Reading Time: < 1 minuteDavid Pan, the founder of ACE Exchange, one of the largest crypto exchanges in Taiwan, was arrested on suspicion of fraud on Wednesday.
Celsius is Rebalancing its Crypto Assets
Reading Time: < 1 minuteCelsius has confirmed that it is currently taking steps to regain control of its assets.
Uzbekistan Fines Binance
Reading Time: < 1 minuteThe National Agency for Prospective Projects of the Republic of Uzbekistan has discovered several violations committed by the Binance cryptocurrency exchange.
Cboe Gives Green Light to Fidelity Spot Bitcoin ETF’s Listing Registration
Reading Time: < 1 minuteCboe has accepted the registration for a proposed spot Bitcoin exchange-traded fund from Fidelity Investments.
South Korea to Limit Use of Credit Cards to Buy Crypto by Local Users
Reading Time: < 1 minuteThe Financial Services Commission (FSC) of South Korea is proposing a revision to the country’s credit finance laws that would prevent citizens from using credit cards to purchase cryptocurrency.
Michael Saylor Sells $216M of MicroStrategy Shares
Reading Time: < 1 minuteAccording to a filing made with the SEC, MicroStrategy founder Michael Saylor recently sold 315,000 securities of his company, which amounted to approximately $216 million.
Crypto Hedge Funds’ Income Experiences a 44% Rise
Reading Time: < 1 minuteIncome for hedge funds investing in digital currencies has increased by 44%.
Crypto Exchanges’ Monthly Trading Volume Surpasses $1T
Reading Time: < 1 minuteIn December, for the first time since September 2022, the monthly trading volume on cryptocurrency exchanges surpassed $1 trillion.
FTX’s Bankruptcy Process Could Last Years
Reading Time: < 1 minuteAlan R. Rosenberg, a partner at Markowitz Ringel Trusty & Hartog, predicts a prolonged legal battle compared to some other crypto bankruptcies like Celsius and BlockFi.
Almost $100M Was Stolen Last Month
Reading Time: < 1 minuteThe recent breach of Orbit Chain’s cross-chain bridge resulted in nearly $100 million in crypto theft for December.
Users Are Becoming More Interested in Solana Than in Ethereum
Reading Time: < 1 minuteIn the year 2023, there was a shift in Google search trends as “Solana” surpassed “Ethereum” for the first time, with traders showing increased curiosity about developments in its ecosystem.
CryptoQuant Believes BTC Will Fall to $32,000 Following ETF Approval
Reading Time: < 1 minuteA possible approval of a Bitcoin exchange-traded fund (ETF) in the United States could result in a “sell-on-the-news” situation.
Vitalik Buterin Wants to Revive Cypherpunk in Ethereum
Reading Time: < 1 minuteAccording to Vitalik Buterin, co-founder of the second largest cryptocurrency by market cap, the Ethereum blockchain must return to its roots and embrace the “cypherpunk” revolution.
Long-term Investors Hold Over 70% of ETH
Reading Time: < 1 minuteThe number of Ethereum network addresses holding varying amounts of ETH has surged to 107,035,209, marking a new high as of December 27.
Tether Issues 1 Billion USDT
Reading Time: < 1 minuteOn December 24, Tether generated an additional 1 billion USDT stablecoins on the Ethereum network.
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