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With 2.38% of BTC's total supply, IBIT becomes a significant participant in the crypto industry. The asset manager accomplished this milestone in less than a year following the IBIT debut in January.
The ASIC classified several digital assets as financial products. According to specialists in the field, smaller enterprises can face difficulties.
US crypto exchanges like Binance.US and Coinbase are making big moves into memecoins.
Bitcoin Cash (BCH) pioneer and early crypto adopter Roger Ver is asking courts to dismiss an indictment that charges him with evading $50 million in taxes.
Federal Reserve Chairman Jerome Powell has broken silence on the broad comparison between Bitcoin, Gold and the US Dollar. Speaking at the Dealbook Summit, he revealed that Bitcoin is a speculative asset that has a closer correlation to Gold rather than the US Dollar.
Vestra DAO saw an outflow of $480K after an exploiter found a logic flaw in the locked staking smart contract. The project was exploited just a month after the VSTR token started trading.
Coinbase, a publicly traded crypto company and one of the largest exchanges globally has expanded its offerings with two new meme coins. Gigachad (GIGA) and turbo (TURBO) are now available for trading on the San Francisco-based platform. Coinbase Adds Gigachad and Turbo Coinbase (Nasdaq: COIN) has been on a meme coin spree lately.
American Bitcoin mining firm Foundry confirmed that it let go of 16% of its staff, continuing a wave of layoffs across crypto companies.
Sol Strategies expands its footprint in the Solana blockchain ecosystem with a CAD $174.7M validator acquisition. The move grows its delegation to 1.49M SOL, strengthening operations and positioning it as a leader in validator commissions. Regulatory approval remains the final step for deal closure. The post Sol Strategies Sets the Stage for Growth with New Validator Acquisition appeared first on Cryptonews.
Bitcoin has captured headlines with its recent price action, teetering on the edge of the elusive $100,000 milestone. The cryptocurrency is grappling with mixed signals as institutional interest, reflected in ETF inflows, remains steady, and large-holder activity shows a potential buildup.
Russian President Vladimir Putin said Bitcoin (BTC) and digital currencies are unstoppable, positioning them as key tools for reducing financial inefficiencies and enhancing economic stability. Putin made the statements at the Investment Forum in Moscow on Dec. 4, where he argued in favor of Bitcoin as a global reserve asset over the US dollar.
Fireblocks, an enterprise-ready digital assets platform, has expanded its suite of decentralized finance capabilities, introducing support for token swaps and an allowance manager. The Fireblocks team shared the new development on Dec.
Yuga Labs acquires Tokenproof's tech team, reshaping the NFT landscape and boosting ApeCoin (APE) performance. Will APE surpass its $2.16 ATH?
A Solana (SOL)-based memecoin is surging by double digits after Coinbase added the crypto asset to its listing roadmap. Gigachad (GIGA), a crypto asset inspired by the photo shoot of Russian bodybuilder Ernest Khalimov, soared 51% as the top US crypto exchange made the announcement. GIGA was trading for $0.
Bitcoin may consolidate in the near term while select altcoins continue to outperform.
New York City Mayor Eric Adams reiterated his support for Bitcoin, reflecting on the skepticism he faced when he first decided to convert his paychecks into cryptocurrency back in 2022.
Dogecoin has entered a consolidation phase, holding below its recent local high of $0.48. Despite showing signs of bullish momentum, the price has struggled to break above key resistance levels, leaving traders and investors anticipating its next move.
Grayscale recently filed to convert its Solana Trust into a spot ETF, marking a significant step in expanding institutional access to Solana.
Bitcoin's price is rising presently, showcasing the potential for further upside growth. However, optimism and confidence in the largest cryptocurrency asset might be gradually decreasing as long-term holders' balances have fallen sharply in the past few days.
Rep. French Hill said he was concerned about debanking in the crypto industry and said he plans to scrutinize the issue in the new year.
Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin.
The Shiba Inn (SHIB) price is looking perky in wake of an exciting new Shibarium upgrade, the could help power further development in layer-2 Ethereum scaling blockchain ecosystem. The post Shibarium Upgrade Sparks SHIB Rally – Can It Propel Shiba Inu to $1? appeared first on Cryptonews.
Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.
Despite the existence of a government that is pro-crypto, the United States authorities are not being lenient toward fraudsters. David Brend, who was convicted of conspiracy to commit wire fraud for promoting crypto mining and trading firm IcomTech, has been sentenced to 10 years in prison.
