Tag: news.bitcoin
Blockchain
SEC Opposes Coinbase’s Appeal Request in Ongoing Legal Battle
The US Securities and Exchange Commission (SEC) has urged a federal court to deny Coinbase’s interlocutory appeal, following a recent court decision that allowed a lawsuit involving the SEC and
Blockchain
Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin
The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming
Blockchain
Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving
Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s) Following the halving, onchain costs have
Blockchain
Crypto Exchanges Helping Brazilian Flood Victims
Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to
Blockchain
Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end Out of the top five, FDUSD is currently the
Blockchain
NFT Sales See Week-Over-Week Decline as Market Continues to Cool
Non-fungible token (NFT) sales from May 4 to May 11, 2024, saw an 1135% decline compared to the previous week’s figures Leading the sales, Bitcoin-based NFT transactions totaled $498 million,
Blockchain
Bitcoin Miner Cleanspark’s Net Income Tops $126.7 Million in ‘Record-Breaking’ Quarter
In the first quarter of 2024, Cleanspark, a US bitcoin mining company listed on the stock market, reported revenues exceeding $1118 million The company’s net income for the same period was
Blockchain
IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar
First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the US dollar Gopinath explained that
Blockchain
Anti-Crypto Mixer Blockchain Integrity Act Introduced in US House of Representatives
The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by US Congressman Sean Casten on March 7 in the US House of
Blockchain
Coingecko Study: Low-Float Cryptocurrencies Make up 21.3% of Top 300 by Market Capitalization
According to the findings of a Coingecko study, low-float cryptos currently account for 213% of the top 300 cryptos by market capitalization The four cryptos with the lowest float are worldcoin
Blockchain
Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares
Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was
Blockchain
India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers
Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly
