Bitcoin Experiences Toughest Month Since FTX Collapse Amid Declining ETF Enthusiasm
Bitcoin has faced its most challenging month since the FTX collapse, as its price dipped amid waning excitement surrounding the anticipated approval of a Bitcoin ETF. The leading cryptocurrency has seen a notable downturn in its market performance, marking a period of heightened volatility and uncertainty. Throughout the past month,
Bitcoin Experiences Toughest Month Since FTX Collapse Amid Declining ETF Enthusiasm
Bitcoin has faced its most challenging month since the FTX collapse, as its price dipped amid waning excitement surrounding the anticipated approval of a Bitcoin
China AMC’s Bitcoin ETF Opens Door for Chinese RMB Investors
China Asset Management Company (AMC) is set to launch a
Jack Dorsey’s Block Advances Bitcoin Mining Plans with Development of 3nm Mining Chip
Block Inc., formerly known as Square, is taking its Bitcoin
Bitcoin Users Spend Record $2.4 Million in Fees to Participate in Bitcoin Halving History
Bitcoin users worldwide have demonstrated their commitment to being part
10x Research Warns: Bitcoin Miners Poised to Offload $5 Billion Post-Halving
10x Research, a digital asset research for traders and institutions,
China AMC’s Bitcoin ETF Opens Door for Chinese RMB Investors
China Asset Management Company (AMC) is set to launch a Bitcoin Exchange-Traded Fund (ETF) that allows investors in China to gain exposure to the digital
Jack Dorsey’s Block Advances Bitcoin Mining Plans with Development of 3nm Mining Chip
Block Inc., formerly known as Square, is taking its Bitcoin mining ambitions to new heights with the development of a cutting-edge 3nm mining chip. This
Bitcoin Users Spend Record $2.4 Million in Fees to Participate in Bitcoin Halving History
Bitcoin users worldwide have demonstrated their commitment to being part of a historic moment in the cryptocurrency’s timeline, spending a record-breaking $2.4 million in transaction
10x Research Warns: Bitcoin Miners Poised to Offload $5 Billion Post-Halving
10x Research, a digital asset research for traders and institutions, has predicted a potential sell-off of approximately $5 billion worth of Bitcoin by miners in
Binance CEO Raises Crypto Recovery Fund Goal to $2 Billion
Since the demise of the cryptocurrency exchange FTX, Changpeng Zhao, the CEO of Binance, has been aggressively pushing to establish a recovery fund to aid
Dogecoin Surges 15% As Elon Musk Suggests Launching A Different Smartphone
Almost the last twenty-four hours, Dogecoin has experienced a huge rise of over 15%. It happened after Elon Musk, the newly appointed CEO of Twitter,
Mobilecoin Soars 300% As Twitter Aims to Integrate Signal Protocol for Encrypted Messaging
According to tech writer Jane Manchun Wong, Twitter is reintroducing encrypted direct messaging (DMs). There are indications, in Wong’s opinion, that the social media platform
As BTC Jumps 6% From Recent Lows, a Big Move Is Coming, What Will the Price of Bitcoin Be?
The market capitalization of all cryptocurrencies is $821 billion as of Sunday, November 20, down 1.93% from the previous day. DeFi coin market capitalization has
US Senators Ask The $4.5 Trillion Investment Company Fidelity to Reconsider Its Exposure to Bitcoin
In the wake of the FTX collapse, US Senators have asked the $4.5 trillion investment company Fidelity to reconsider its exposure to bitcoin. Three US
Russian Lawmakers Want to Establish a Government-Run Cryptocurrency Exchange
A scheme developed by Russian legislators might result in the establishment of a state-run cryptocurrency exchange. Members of the State Duma, the Russian parliament, have
Binance Has Over $39 Billion Worth of BTC
In response to a now-deleted tweet from the CEO of Binance, Coinbase’s CEO reveals that the company has over $39 billion worth of bitcoin. Brian
Core Scientific Reports A $400 Million Quarterly Loss; Impending Bankruptcy?
Core Scientific, a company that mines bitcoins (BTC), may be the next to file for bankruptcy after reporting a third-quarter loss of more than $400
Arweave Gains Over 35% In A Week, Bitcoin Price and Ethereum Price Hold Critical Support
A significant support level of $21,000 was broken by the steep decline in the price of Bitcoin. Similarly, Ethereum dropped more than 2% and reached
More Than 1% of the Total Supply of Bitcoin Is Owned by The US Government; Will They Dump It?
More than 214,000 bitcoin (BTC), or more than 1% of the cap on the total production, are now held by the US government. Following a
Russian Central Bank Sees Fit to Integrate “Digital Assets” Into Financial System
In a recent paper, the Central Bank of Russia (CBR) examined digital assets and discussed potential integrations of the new technology into the country’s established
Long Way to Go Before Crypto Becomes Mainstream, Says Mastercard CEO
Before bitcoin (BTC) and cryptocurrencies in general to become widely used, according to Mastercard CEO Michael Miebach, a number of factors must align. When the
What Does PayPal Q3 Revenues Surpass Estimates Mean for Crypto?
PayPal, an online payments business, reported third-quarter net revenue of $6.85 billion, above the market’s forecast of $6.82 billion. The robust income indicates that digital
Deribit Crypto Exchange Suspends Withdrawals After Hot Wallet Hack Costs It $28 Million
Deribit, a cryptocurrency options and futures market experienced a cyberattack in which $28 million from their hot wallet was stolen. Client funds have not been
Shiba Inu Anticipated to Post Its Most Monthly Gains Since 2022
Shiba Inu saw its largest monthly gains in 2022 in February, rising 20.33% for the whole month. In July, Shiba Inu sought to repeat the action
These Coins Will Soar If Twitter Introduces Crypto Payments
It won’t be long until Twitter starts to incorporate cryptocurrency payments into its services. The adoption of cryptocurrencies on the social media platform is more
Binance To Assist Elon Musk With Crypto Payments On Twitter
According to Binance, the company is now investigating blockchain integration on the platform, which might be a precursor to the introduction of crypto payments. Binance
Founder of Cardano Predicts Dogecoin and Twitter Merger as DOGE Flips ADA to Become 8th Biggest Crypto
Cardano founder Charles Hoskinson thinks there’s a chance that Dogecoin may converge with the social media platform in the wake of Elon Musk’s purchase of
A Renowned Hacker Steals Cryptocurrency Valued At $1 Million, Including Bored Ape NFT
Over the past 24 hours, a notorious con artist known as Monkey Drainer has stolen over 700 ETH ($1 million) in non-fungible tokens (NFTs) and
S Korean Government Employee Flees With $2.8 Million in Cryptocurrency.
The National Health Insurance Service (NHIS) of South Korea was robbed of $2.8 million, and it is believed that a missing government employee is on
Google Suggestions Crypto Bear Market is Harming Ad Revenue
According to the most recent earnings call from Google’s parent company, Alphabet, the financial services sector, which includes cryptocurrencies, suffered a decline in advertising income
Cardano’s Charles Hoskinson Reveals About Something Special Come November
Charles Hoskinson, the creator of Cardano, earlier today teased the Cardano community with a major announcement. Without going into further detail, the well-known Bitcoin enthusiast believes
Neobank Sponsored by Warren Buffett Selects Polygon for The Web3 Coin
A combination of exceptionally optimistic fundamental and technical indicators suggests that the price of Polygon (MATIC) might double by the end of 2022 or the
24,000 ATMs Accept Tether USDT in Brazil
The largest ATM operator in Brazil, TecBan, and Brazilian cryptocurrency services provider SmartPay collaborated with Tether to help integrate USDT with PiX, the country’s payment
Terra Developers reveal A Four-Year Plan to Revive the Luna Ecosystem
Terra developers have announced a proposal to bring back the Luna ecosystem despite its co-founder, Do Kwon, facing warrant arrest of fraud charges. The proposal
Ethereum Staking Validator Launched by T-Mobile Parent Company
The parent company of wireless network provider T-Mobile, Deutsche Telekom (DT), has said that T-Systems MMS will provide infrastructure in the form of validator nodes
Hong Kong to Explicate Crypto Position At the next Hong Kong Fintech Week Event
The authorities of China’s Hong Kong Special Administrative Region are anticipated to issue a policy statement on the growth of the city’s digital assets market.
The CEO Of Coinbase to Sell Some of His Stake to Fund Scientific Research
Coinbase CEO Brian Armstrong has revealed intentions to sell 2% of his holdings in the cryptocurrency exchange over the course of the coming year to
Binance Invests $500 Million in Elon Musk Twitter Buyout
Changpeng Zhao, the CEO of crypto exchange Binance, has announced that his company will allocate $500 million to the Twitter takeover by Elon Musk. The
Traditional Banks Record Spike in Revenue as Investors Abandon Crypto
Iconic banks have recorded an increase in revenue as investors embrace traditional currency due to the bearish nature of the crypto market. The rate of
