Tag: news.bitcoin
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Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms These firms are accused of convincing investors to purchase investment packages using
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Hong Kong Approves First Spot Bitcoin and Ethereum ETFs
The Hong Kong Securities and Futures Commission (SFC) has given the green light to several spot bitcoin and ethereum exchange-traded funds (ETFs), a move that signals substantial progress in the
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Latam Insights: Bitcoin Hurts El Salvador Credit Opportunities, Paraguay Supports Selling Power to Crypto Miners
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week In this issue: Bitcoin hinders El Salvador’s credit talks with the
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Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions
In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the US Securities and Exchange
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JPMorgan Warns of Downside Risk in Crypto Markets
JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows The global investment bank’s analysts also remain cautious about the US Securities and
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Goldman Sachs Raises Gold Price Forecast to $2,700, Acknowledges Rise Not Caused by Usual Macro Factors
Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of the metal in 2024 In a note directed to investors, the bank
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Volatile Nigerian Currency Rallies 12%, Becomes Best-Performing Currency in April
After months of sustained decline, the Nigerian currency has rallied since March and is currently ranked as the best-performing fiat currency in April Andrew Matheny, an economist at Goldman Sachs,
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Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic
Anza, a collective of developers focused on the Solana blockchain, has produced a fix that aims to reduce the congestion that the network has been experiencing The new version of Solana, now being
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Gold and Silver Weather the Storm as Middle East Unrest Shakes Crypto Markets
Over the weekend, cryptocurrency assets saw a significant drop, with the crypto economy shedding more than 5% to fall to $23 trillion, while precious metals also saw declines, albeit less severe than
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US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
Data shows that US spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $551 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable
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USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines Data reveals that the token,
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Crypto Advocates Weigh in on Bitcoin’s Sudden Drop Amid Middle East Tensions
On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, US, and other Western allied forces Concurrently, bitcoin
