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news-imageAugust 8, 2023

Binance news: USDC reserves sold to buy Bitcoin and Ethereum

Binance's Proof-of-Reserve (PoR) shows that the crypto-exchange sold its USDC stablecoin reserves to buy about 100,000 BTC and 550,000 ETH. The equivalent of about $3.5 billion in the two major crypto assets was executed during the period from 12 March to 1 May 2023.
Publisher: The Cryptonomist
Sentiment: Neutral
BTC
ETH

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Positive
cover-imageThe Currency Analytics
November 29, 2024

Ethereum Breakout: Price Surge and Bullish Momentum

Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has recently surged past a critical resistance level, capturing significant attention from both investors and traders. As of November 28, 2024, Ethereum's breakout from a five-day-long consolidation zone indicates the potential for a substantial rally in the coming days.

Negative
cover-imageCoinPedia
November 29, 2024

Coinbase to End USDC Rewards in Europe Amid Regulatory Changes

Coinbase has announced that it will stop offering USDC rewards to users in the European Economic Area (EEA) starting December 1. This change is linked to the upcoming Markets in Crypto-Assets (MiCA) regulations, which aim to create a unified legal framework for digital assets across Europe.

Positive
cover-imageCoinPedia
November 29, 2024

Switzerland Approves Bitcoin Mining Report

Switzerland's Bern canton parliament just gave the green light to a Bitcoin mining report, but not without stirring up some drama. The motion passed with 85 votes in favor and 46 against, despite opposition from the Government Council.

Neutral
cover-imageCrypto news
November 29, 2024

Major Bitcoin miners spent $3.6 billion on infrastructure

Bitcoin miners' major player has announced their third-quarter financial report, resulting in billions of dollars in funding and spending. According to TheMinerMag, on Nov. 28, key players in the cryptocurrency and Bitcoin mining industry published their financial reports.

Negative
cover-imageTokenpost
November 29, 2024

Ex's Bitcoin Fortune ‘Accidentally Thrown Out': $569 Million Lost in Landfill Sparks Fiery Feud

A simple mix-up more than a decade ago has escalated into a multimillion-dollar nightmare, as a woman claims she accidentally disposed of her ex-partners hard drive containing access to his $569 million Bitcoin fortune. James Howells, a 39-year-old IT engineer from Newport, Wales, has been on a relentless mission to recover the lost drive, while his ex, Halfina Eddy-Evans, insists she isnt to blame.

Neutral
cover-imageCryptoSlate
November 29, 2024

US influence over Bitcoin grows with Trump victory

The United States has never been the largest market for Bitcoin or cryptocurrencies in terms of trading volume. Offshore exchanges, particularly in Asia, have consistently dominated global trading activity, with platforms like Binance and Huobi driving liquidity and volatility.

Positive
cover-imageBitcoin
November 29, 2024

Robert Kiyosaki Shares $500K Bitcoin Forecast — How It Compares to Other BTC Predictions

Robert Kiyosaki has highlighted AI's $500,000 bitcoin prediction for 2025, aligning with analysts citing institutional adoption, regulatory shifts, and growing demand. $500K Bitcoin in 2025? AI and Crypto Experts Share Bold Predictions Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has shared another striking forecast regarding bitcoin's future.

Negative
cover-imageBitcoinist
November 28, 2024

Peter Schiff Slams MicroStrategy's Bitcoin Bet: ‘It Will Crash'

A well-known gold advocate denounced MicroStrategy's investment plan to purchase more Bitcoin and build up its crypto reserve. Peter Schiff, a vocal critic of the firstborn cryptocurrency, also slammed the pro-crypto stance of President-elect Donald Trump, arguing that it is detrimental to the country.

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