Category: Cryptocurrency
The commission rejected a rule change allowing listing and trading shares of the First Trust SkyBridge Bitcoin ETF Trust, citing similar reasons for disapproving Bitcoin spot ETFs from VanEck in November and WisdomTree in December. 353 Total views 3 Total shares The United States Securities and Exchange Commission, or SEC, has officially disapproved the application […]
Approximately $33.8 million in crypto assets was stolen from Crypto.com following a security breach on Monday. 3887 Total views 26 Total shares The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting “suspicious activities” in user accounts. In a statement on Thursday, Crypto.com revealed that […]
Bitcoin (BTC) demand has been in a “bear market” for a whole year, but a surge is most likely what will spark a new price run-up. That’s according to prominent economics analyst Lyn Alden, who in a Twitter debate this week bet on demand snowballing and lifting BTC price action. Back: Watch supply and demand […]
The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country. 555 Total views 18 Total shares It’s full steam ahead for El Salvador’s Bitcoinization. The next point on the orange agenda is in providing low-interest loans backed by Bitcoin (BTC) to small and micro-businesses. While the […]
Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-source protocol that provides fundraising mechanisms for cities. Miami and New York City […]
The tech giant has hired a PayPal veteran to help with the expansion of Google Pay as it sets its sights on the future, including plans to explore crypto. 2501 Total views 131 Total shares Google has hired a former PayPal executive to help bolster Google Pay, with plans to expand into the crypto space. […]
An individual miner defied the odds and managed to collect 168 ETH from a solo mining pool this week worth 42 times the average block reward. 5214 Total views 76 Total shares An individual Ether (ETH) miner struck it big by mining a block on their own and receiving a reward valued at about $540,000. […]
“With this funding, Secret Network and its partners aim to scale privacy-first, decentralized applications to global adoption by millions of users,” said Tor Bair, the Founder of the Secret Foundation. 339 Total views 2 Total shares Secret Network is offering $400 million in funding to grow its privacy-oriented ecosystem and expand user adoption. Secret Network […]
The first week of the new year saw a vicious pullback across all cryptocurrencies in the market. Ether (ETH) price dropped from its November peak at $4,800 peak to under $3,000 on Jan. 8 and Terra’s LUNA governance token also dropped from $85 on Dec. 31 to $67 on Jan. 8, 2022. These unexpected dramatic […]
Bitcoin (BTC) has been below $45,000 for 14 days and is currently 40% below the $69,000 all-time high. This movement holds similarities to late-September 2021, when Bitcoin price flat-lined for 11 days and was 36% below the previous $64,900 all-time high on April 14. Bitcoin price at Coinbase, USD. Source: TradingView To understand whether the […]
