Tag: Coin Surges
Blockchain
Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status
The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without any announcement, prompting speculation about an upcoming move to production
Blockchain
Bitcoin halving slashes miners’ production in May by over 40%
Several Bitcoin miners experienced a decline in BTC production in May due to the effects of the April Bitcoin halving event The Bitcoin halving occurs approximately every four years and automatically
Blockchain
Crypto Money Laundering Scandal: Epoch Times CFO Bill Guan Indicted by US DOJ
In a significant development, the US Department of Justice (DOJ) has indicted Bill Guan, the Chief Financial Officer of Epoch Times, a global newspaper and media company, on allegations of
Blockchain
FTX Reaches Settlement With IRS on $24 Billion Tax Claim
Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring
Blockchain
Bitcoin’s realized price surpasses $30,000
Onchain Highlights DEFINITION: Realized Price is the Realized Cap divided by the current supply Bitcoin’s realized price has reached new heights, breaking $30,000, driven by significant market
Blockchain
Bitpanda turns to Deutsch Bank to handle customer deposits and withdrawals
Crypto broker Bitpanda will use Deutsche Bank to handle customer deposits and withdrawals Bitpanda announced the partnership in a June 4 blog post, adding that Deutsche Bank will provide real-time
Blockchain
Ethereum (ETH) Set For ‘Glorious Year,’ Analyst Eyes $10,000 Target
Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US This bullish momentum propelled the token’s price from the
Blockchain
VC Billionaire Chamath Palihapitiya Explains the $500,000 Bitcoin Case: Countries Will Become Dual Currency
Chamath Palihapitiya, the founder and CEO of Social Capital, a venture capital firm, has explained how bitcoin could reach $500,000 or even higher price levels in the coming months During a podcast,
Blockchain
Deutsche Bank Teams Up With Bitpanda To Integrate Crypto Services In Germany – Details
Deutsche Bank has taken a significant stride by forming a partnership with Bitpanda, a leading cryptocurrency platform This collaboration represents a pivotal step towards integrating traditional
Blockchain
FTX settles $24 billion IRS claim for fraction to prioritize customer repayments
Defunct crypto exchange FTX has agreed to settle the Internal Revenue Service (IRS) substantial $24 billion tax claim for a significantly lower amount to help the company prioritize its customer
Blockchain
Edward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’
On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway Berkshire shares plummeted 997%, while
Blockchain
Bitcoin Spot ETFs Now A Major Source Of Inflow For Fund Managers – Here Are The Figures
Since launching, the Spot Bitcoin ETFs have achieved immense success with mass adoption, which they have enjoyed among institutional investors Thanks to this, inflows into these funds have accounted
