Tag: news.bitcoin

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Crypto Economy Rebounds With 2.13% Gain; Newcomers W, CORE, and ENA Face Downturns

The cryptocurrency market experienced a positive uptick on Thursday, reclaiming its position at $255 trillion, marking a 213% gain against the US dollar Despite a decrease in trading activity, with

Galaxy Digital to Debut $100 Million Crypto Fund Initiative

Galaxy Digital, a cryptocurrency venture capital firm, is in talks with third parties to launch its first cooperative crypto investment fund The fund, called Galaxy Ventures Fund I, LP, will focus on

Banks Seek to Purchase Bitcoin Directly From BTC Mining Firm Hut 8, Says CEO 

Per the CEO of Hut 8, a bitcoin mining company listed on the Toronto stock exchange, major financial institutions have made inquiries to purchase bitcoin directly from the firm Additionally, the Hut

UBXS: Illuminating the RWA Category – a Leading Trend in the Crypto Sector

PRESS RELEASE UBXS, the token of Bixos, a groundbreaking Real World Asset (RWA) project designed to revolutionize the crypto industry and bridge the gap between traditional finance and the blockchain

Paypal Integrates PYUSD for International Transfers on Xoom

On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions Beginning on April 4,

Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles

In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace The

Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems

Blockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the US dollar, aiming to boost liquidity on the XRP Ledger Ripple Set to Introduce US Dollar-Linked

10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply

On Wednesday, the US spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $1135 million across a trading volume of $231 billion The group of ten spot

Bitcoin Cash Demonstrates Resilience With Price Increase Post-Halving

Bitcoin Cash (BCH) experienced a notable fluctuation in its value surrounding its most recent block reward halving, initially dropping to $565 just before the halving but later recovering to around

Binance Establishes Its First Board of Directors, Remains Without Global Headquarters

After years of operating without a board, Binance recently established its first board of directors, chaired by a former diplomat from Barbados The cryptocurrency exchange still lacks a global

Lumerin and Quai Announce Strategic Collaboration to Enable On-Chain Compute Power Trading

PRESS RELEASE Chicago, IL — April 4, 2024 — Lumerin, a pioneer in the decentralized Bitcoin mining marketplace, and Quai, a groundbreaking Layer-1 crypto network for the global and compute

US Courts Have Serially Rejected Crypto Industry’s ‘Decade’s Worth of Arguments’ – SEC Director

Over the past decade, the US Securities and Exchange Commission (SEC) has contended with “significant non-compliance” and “creative attempts” by cryptocurrency market
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