Tag: news.bitcoin

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Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi

Franklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2 On social media, the company declared that Base had “hit a

Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances

The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances Crypto exchange

Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025

A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the US are unlikely to emerge this year Despite the Securities and Exchange Commission (SEC) approving spot

Turkey Prepares New Crypto Law to Align With International Standards

Turkey is preparing to present a new law to regulate crypto assets to Parliament The legislation, aimed at aligning with international standards and reducing risks associated with crypto

Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US

Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the US to high interest rates and inflation, particularly amid the

Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains

The Nigerian currency, which has been depreciating against the US dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world

Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles

Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo In a recent blog post, Corallo examines the ongoing struggles within the

Kraken Challenges SEC Overreach in Recent Court Filing

In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of

Bitcoin Magazine CEO Discloses Links With Trump Campaign: “It’s Time for Bitcoin to Elect the Next President”

David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President Donald Trump Bailey and his team have advised Trump to develop a Bitcoin and crypto-friendly

279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown

The US District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives

Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days

Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline Over the previous 68 days, since March 5, 2024, Ethereum’s

Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million 

On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at