gmc
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10 months agoBitMEX Co-founder Forecasts Bitcoin Price Correction Post Spot ETF Launch
BitMEX co-founder, Arthur Hayes, has recently shared his predictions regarding a potential price correction for Bitcoin following the introduction of the Spot Bitcoin ETF. Hayes, the former CEO of BitMEX, has…
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10 months agoBitcoin Miners and Executives Revamp Strategies Amid ETF Prospects
As institutional capital is expected to flow into the Bitcoin ecosystem through exchange-traded funds (ETFs), companies and executives are reshaping their business strategies for 2024. Bitcoin mining company…
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10 months agoCathie Wood's Firm Sells Coinbase Shares Amid Bitcoin ETF Speculation
Renowned Bitcoin advocate Cathie Wood’s investment firm is reportedly selling off its Coinbase holdings, with $30 million worth of COIN shares disposed of in recent days. This move has led to speculation that W…
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10 months agoDoge Whales Move Billions Amid Upcoming DOGE-1 Space Mission
Whale Alert, the on-chain data tracker, has reported multiple transfers of Dogecoins between unknown whales and crypto exchanges Binance and Robinhood. These large transfers, amounting to 1.88 billion DOGE tokens…
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10 months agoMultiBit Integrates Alchemy Pay's On-Ramp for Enhanced User Convenience
MultiBit, a bridge between EVM and bitcoin, has incorporated Alchemy Pay’s On-Ramp solution on its platform. This integration is designed to enhance user convenience by allowing them to use their preferred fiat p…
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10 months agoNorth Korean Hackers Steal $600M in Crypto Despite Cybersecurity Advances
North Korean hackers have been responsible for a significant portion of all cryptocurrency stolen through hacks in recent years. In 2023 alone, they stole $600 million in crypto, accounting for 33% of all crypto…
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10 months agoBitcoin Community Divided Over Ordinals Debate Amid Proposed Update
The Bitcoin community is currently embroiled in a heated debate over the place of Ordinals, essentially Non-Fungible Tokens (NFTs), on the Bitcoin blockchain. This debate has reached a fever pitch, with Bitcoin…
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10 months agoShiba Inu to Automate Token Burns, Potentially Boosting Value in 2024
Following the announcement of an automated Shib burn mechanism, speculations have been flying concerning the total number of SHIB tokens slated to be burnt every month in 2024. A Shiba Inu community member,…
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10 months agoLitecoin Dominates BitPay Transactions Amid Rising Bitcoin, Ethereum Fees
Bitcoin (BTC) and Ethereum (ETH) transaction fees have seen a significant increase since 2023, leading to a shift in user preference towards more efficient cryptocurrencies for payments, such as Litecoin (LTC).…
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10 months agoEthereum Unstaking Backlog Surges, Celsius Network Likely Culprit
The waiting period for Ethereum [ETH] validators to withdraw their staked ETH has seen a significant increase, reaching unprecedented levels since the Shapella Upgrade last year. Currently, a validator would have…
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10 months agoBitcoin ETF Approval Could Ignite $2 Billion Influx, Shaking Crypto Market
Bitcoin and other major cryptocurrencies such as ethereum, XRP, and solana have surged into 2024 amid concerns over the future of U.S. dollar dominance. This comes after the bitcoin price rebounded last year…
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10 months agoCoinbase Plans to Launch Crypto Derivatives in the EU
Crypto exchange Coinbase has announced plans to launch crypto-linked derivatives in the European Union (EU). The US-based exchange is set to acquire a holding company with a MiFID II license, which will enable it…
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10 months agoNigeria Embraces Blockchain with New Stablecoin cNGN Launch
The Central Bank of Nigeria (CBN) has given its approval to the African Stablecoins Consortium (ASC) to introduce a new stablecoin, the cNGN. This move has sparked excitement and curiosity about the potential…
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10 months agoCoinbase Plans to Acquire Cyprus Entity to Boost EU Derivatives Offerings
Cryptocurrency exchange heavyweight, Coinbase, has unveiled plans to acquire a Markets in Financial Instruments Directive (MiFID)-licensed entity based in Cyprus. This strategic acquisition is aimed at expanding…
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10 months agoFormer Citigroup Executives Launch Bitcoin-Backed Securities Startup
A group of former Citigroup executives have launched a startup to offer Bitcoin-backed securities that they claim do not require approval from the US Securities and Exchange Commission (SEC). The startup, named…
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10 months agoParadigm Sells 6,500 ETH to Coinbase, Triggers Ethereum Price Dip
Ethereum, a leading cryptocurrency, has recently seen significant activity in the broader crypto market following a major transaction. Paradigm, an institutional liquidity network, has reportedly transferred a…
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10 months agoBitcoin Set for Major Gains in 2024 Regardless of ETF Approval: Analyst
Bitcoin (BTC) has started 2024 on a high note, recording a 3.18% gain in the first week of the year, as per data from CoinMarketCap. The leading cryptocurrency is anticipated to usher in a bullish crypto season,…
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10 months agoMarathon Digital Sets Record in Bitcoin Mining Amid Industry Growth
Marathon Digital Holdings has made a significant mark in the cryptocurrency mining industry, setting a new record by mining 1,853 Bitcoin in December 2023. This achievement not only surpasses the company’s p…
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10 months agoVanEck Pledges 5% of Bitcoin ETF Profits to Support Core Developers
Asset management firm VanEck has announced its commitment to donate 5% of the profits from its proposed spot Bitcoin ETF, if approved, to support core Bitcoin developers. A similar pledge has been made for Ethereum…
