Coinbase’s ultimatum to Bitcoin SV holders: act now or risk liquidation
The leading American cryptocurrency exchange, Coinbase, has issued a stern warning to its Bitcoin SV (BSV) holders. The exchange has announced its plans to completely terminate support for this digital asset. Coinbase sent out a notice to its users holding BSV, notifying them of the impending liquidation of their assets if not withdrawn by January […]
Massive Bitcoin growth on the horizon, Claims Microstrategy’s Michael Saylor
MicroStrategy Chairman and Bitcoin magnate, Michael Saylor, made an optimistic prediction about Bitcoin’s price potential for the coming year. Saylor suggested that Bitcoin has the potential to increase tenfold, given an unprecedented demand for the cryptocurrency. This demand could be fueled by several macro and technical events, including the halving phenomenon, which will decrease 50% […]
Hong Kong’s SFC eyeing crypto accessibility for retail investors: Bloomberg
Hong Kong’s securities watchdog, the Securities and Futures Commission (SFC), is considering proposals to permit retail investors to purchase spot crypto Exchange Traded Funds (ETFs). SFC Chief Executive Officer Julia Leung commented, “We welcome proposals using innovative technology that boosts efficiency and customer experience. We’re happy to give it a try as long as new […]
OMG! Sam Bankman-Fried’s Medium-Security Prison Sentence in California – You Won’t Believe What Happened!
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 Sam Bankman-Fried’s Future: Medium-Security Prison in California Marathon Digital Pilots Methane-Based Bitcoin Mining Project in Utah SEC Scrutinizes PayPal’s Stablecoin PYUSD Editor’s Wrap: […]
Can Bitcoin sustain its bull run in November?
Bitcoin saw a significant price surge in the first month of Q4 2023, raising questions about whether the uptrend will continue into November. Concerns about potential bearish indicators are now surfacing. Bitcoin’s price rallied by over 22% in the first month of Q4, sparking hope among investors for new highs ahead of the upcoming halving. […]
Bitcoin skyrockets to 18-month high, causes $150 Million in liquidations
Bitcoin has surged to an 18-month high, leading to liquidations worth $150 million. The surge is also pushing the overall crypto market cap above $1.3 trillion. The major spike occurred during early Asian trading hours on Wednesday. Bitcoin’s value soared over $36,000 for the first time since May 2022. Several altcoins also witnessed a significant […]
Elon Musk’s unexpected support for Bitcoin Ordinals over NFTs
During a recent podcast appearance, Elon Musk, CEO of Tesla Inc, critiqued non-fungible tokens (NFTs) but inadvertently made a case for Bitcoin Ordinals, Bitcoin’s version of NFTs. The billionaire entrepreneur argued that NFT projects “should at least encode the JPEG in the blockchain,” a comment that was met with approval by many Bitcoin proponents. Musk’s […]
Hong Kong aims to foster web3 hub with new regulatory measures for tokenization
Hong Kong is set to introduce more policy papers and circulars targeting tokenized assets, stablecoins, and cryptocurrency trading. This move is part of the city’s ongoing efforts to establish a web3 hub in Asia. Christopher Hui, Secretary for Hong Kong’s Financial Services and the Treasury, announced this initiative during the Hong Kong Fintech Week. Hui […]
Microstrategy’s Bitcoin strategy scores $900M gain amid BTC price surge
Business intelligence software provider, MicroStrategy Inc. has seen a substantial rise in its Bitcoin holdings, amounting to a paper gain of about $900 million, thanks to the recent Bitcoin price surge. The company, founded by Michael Saylor, has purchased an additional 6,067 Bitcoins since the beginning of the third quarter. The firm now holds a […]
Bitcoin breaks through $35K barrier, Altcoins follow in hot pursuit
Bitcoin (BTC) has reclaimed the $35,000 mark, while altcoins, led by Solana (SOL), Polkadot (DOT), and Avalanche (AVAX), are witnessing a sharp price rally. Bitcoin’s price reached a 17-year high above $35,500 on Wednesday. At press time, the cryptocurrency was trading around $35,500, marking a significant break from the $35,000 level that had capped its […]