Sunday , October 6 2024
Home / Bitcoin (BTC) (page 419)

Bitcoin (BTC)

Here’s How Much Crypto Ukraine Raised to Fight Russia: Report

Supporters of war-torn Ukraine have reportedly donated over $225 million worth of crypto to the country in its fight against Russia.  Prominent companies and figures part of the digital asset industry, such as the world’s largest cryptocurrency exchange Binance and Tron’s founder Justin Sun, have also contributed to the nation’s efforts. The Strong Start Followed by Stagnation According to a Crystal Blockchain report (seen by CoinDesk), Ukraine has received almost a quarter...

Read More »

Grayscale Claims Coinbase Won’t Work As A Bitcoin ETF Surveillance Partner

Grayscale wrote a letter to the U.S. Securities and Exchange Commission (SEC) on Thursday calling for the agency to simultaneously approve any qualifying Bitcoin spot ETF applications, so as to not “pick winners and losers.” However, the firm also argued that Coinbase shouldn’t qualify as a surveillance partner to launch such a product, under the SEC’s pre-established rules. Why Coinbase Isn’t Good Enough Per the comment letter, the SEC has already questioned the pricing data...

Read More »

Bitcoin Depot Sues Texas Sheriff’s Office, Alleges Wrongful Money Seizure

An 82-year-old woman in the city of Crawford, Texas has lost $15,000 to crypto scammers. The good news is that she’s gotten her money back, but the incident has sparked a serious feud between the McLennan County Sheriff’s Office and Lux Vending (operating as Bitcoin Depot), the crypto ATM company that served as the medium of transfer for the potentially illicit activity. Bitcoin Depot Says It’s the Victim The sheriff’s office wound up seizing cash from the machine...

Read More »

Novogratz Advises Investors to Buy Bitcoin As Federal Interest Payments Skyrocket

Crypto investor and Galaxy Digital CEO Mike Novogratz told followers on Wednesday to “Buy BTC” in response to the United States government’s rapidly growing interest expense on its sovereign debt. To some analysts, the trend suggests that the Federal Reserve will be forced to lower its benchmark interest rate again if the Federal government can no longer keep up. The US Debt Problem According to market analyst Joe Consorti, the U.S. government is now paying $970 billion per...

Read More »

Mark Cuban Bashes the SEC for Its Actions Against Coinbase

Like most investors (and everyday Americans), billionaire Mark Cuban is not happy with the Securities and Exchange Commission (SEC). In fact, he’s downright angry with the institution and says it’s abusing its power. Mark Cuban Targets the SEC in Twitter Slam In a recent interview, the owner of the Dallas Mavericks basketball team criticized the agency’s decision to go after Coinbase, the biggest and most popular crypto exchange in the U.S. He says the SEC is...

Read More »

La Human Rights Foundation lance un « bounty challenge » de 20 bitcoins

La Human Rights Foundation (HRF) vient d’annoncer une séries de primes, pour un montant total de 20 bitcoins, destinées à soutenir le développement de projets open source autour de Bitcoin, du Lightning Network et de Nostr. Les dix axes définis visent à développer l’open source, à améliorer la convivialité, la confidentialité, la résistance à la censure et la souveraineté des utilisateurs : 1. Faire passer le Bitcoin UI Kit vers un...

Read More »

Bitcoin Loses $30K as US Federal Reserve Hikes Interest Rates by Another 25BPS: This Week’s Crypto Recap

Although most prices in the cryptocurrency market have shown high levels of stagnation in the past week, there were still several notable developments on different fronts. Starting with US regulations, this week saw discussions for a few separate bills, including the Financial Innovation and Technology for the 21st Century Act, which Democrats claimed still “reeks” of Sam Bankman-Fried – the disgraced former FTX exec who was among the chief supporters. On the other hand,...

Read More »

Will Blockchain Survive? Analysts Weigh In

Are bitcoin and blockchain considered practical technologies, or are they more based in fantasy? Recently, a group of analysts sat around and discussed the matter to see whether blockchain and the crypto aboard it have legitimate futures in the United States and other developed countries. What Will Happen with Blockchain? Up until this point, there have been discussions about blockchain and how it could potentially serve purposes in other industries that have...

Read More »

Bitcoin Cash Analysis: Risk of Downside Thrust Below $230

Bitcoin cash price started a fresh decline below the $255 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $248 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $254 resistance zone. Bitcoin cash price is declining below the $250 zone against the US...

Read More »