Bitcoin Drops to 11-Day Low
On Monday, January 27, bitcoin dropped below $100,000, thus falling to its lowest level in the last 11 days.
Bitcoin
US to Form National Digital Asset Stockpile
The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.
Intesa Sanpaolo Makes First €1M Bitcoin Investment
The largest Italian bank, Intesa Sanpaolo, joined the ranks of institutional crypto investors, with its first Bitcoin purchase worth about 1 million EUR.
Cryptocurrencies as Legal Tender: Pros and Cons
While many countries in the world are shunning away from cryptocurrencies, banning them altogether or strictly limiting crypto opportunities, El Salvador and CAR have experimented with introducing Bitcoin as legal tender, and the small Caribbean nation of St. Maarten considered legalising TRON. Which approach is better and what are the benefits and drawbacks of adopting […]
Bitcoin to Gold Ratio Hits Historic Highs
The new record of 40 gold ounces per BTC was registered just as the “digital gold” was being traded at over $106K per Bitcoin.
Binance Sees $24B Customer Deposit Inflows in 2024
Binance attributes the growth in customer deposit inflows to a global surge in the adoption of digital assets, historic price milstones, and the increasing regulatory clarity regarding cryptocurrency status.
MARA to Leverage Advanced ASIC Recycling at New Wind Farm in Texas
Marathon Digital Holdings (MARA), a major Bitcoin mining company, acquired a 114-megawatt wind farm in Hansford County, Texas.
Microstrategy Now Owns Over $30B in Bitcoin
Microstrategy, a business intelligence firm, made a record purchase of 51,780 BTC, worth approximately $4.6 billion, over the last week.
Jack Dorsey’s Block to Focus More on Bitcoin Mining
Block (former Square), led by Jack Dorsey, is ramping up investments to expand its reach in small business services and bitcoin mining tools.
Bitcoin Reaches Record High of $75K Fueled by US Election
Bitcoin has hit an all-time high of $75,800, as the outcome of the US election gave crypto enthusiasts hope for legal clarity and government-backed promotion.
Bitcoin.com Enables Venmo Payments for Crypto Purchases in US
Bitcoin.com has become one of the first crypto-friendly partners to offer Venmo as a payment method for US users through MoonPay.
Hemi Network Explores Tunnelling to Link Bitcoin and Ethereum Networks
Tunnelling is an alternative to bridging practices which enable interoperability of two different blockchains – Bitcoin and Ethereum.
Fraud Levels Skyrocket at Bitcoin ATMs
FTC cautions consumers about the surge of fraud losses at Bitcoin ATMs due to the increasing government impersonation, business impersonation, and tech support scams.
Bitcoin Market Cap Dips Below 1T in Monday Market Crash
Bitcoin price slips below $50K for the first time since February this year amid the crash in both the crypto and stock markets, losing $200 million of its market cap.
Insights from the Independent Reserve Cryptocurrency Index (IRCI) Singapore 2024
Singapore has emerged as a leading cryptocurrency hub in Southeast Asia, attracting both retail and institutional investors. It’s crucial for investors and enthusiasts to stay informed and educated about the constantly evolving crypto ecosystem. Understanding the nuances of buying Bitcoin in Singapore, such as reputable exchanges, secure storage options, and tax implications, is essential for […]
Bolivia Lifts Crypto Ban
After a four-year ban, Bolivia authorized crypto payments in the country.
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