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Bitcoin (BTC)

Optimism (OP) Soars 6% Daily, Bitcoin (BTC) Dominance Declines as Price Stagnates (Market Watch)

Bitcoin’s price movements continue to be highly uneventful as the asset continues to remain just inches above $29,000. Most altcoins have mimicked BTC’s performance, aside from DOGE, SHIB, UNI, and OP, all of which have jumped by more than 3% daily. BTC Boring at $29K It was precisely a week ago when the primary cryptocurrency tried its hand at taking down $30,300 but failed in its tracks, and the subsequent rejection pushed it south hard. In about a day, the asset had lost...

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Michael Saylor: SEC Lawsuits Are Paving the Way for BTC Dominance

Michael Saylor, the former CEO of MicroStrategy, commented in an interview that the present SEC lawsuits against platforms like Coinbase and Binance will pave the way for bitcoin to become bigger than it’s ever been. Michael Saylor on the Future of BTC He anticipates that the bitcoin dominance in the crypto industry (which currently stands between 40 and 48 percent) will shoot up to a whopping 80 percent, leaving only a 20 percent margin for remaining altcoins. He...

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Robert Kennedy Jr. Believes Bitcoin and Blockchain Will Be Extremely “Useful”

Democrat presidential candidate Robert Kennedy Jr. commented in an interview that he thinks bitcoin and blockchain will be very “useful” applications. Robert Kennedy Believes in the Power of Bitcoin He stated: The blockchain technology that’s coming out of bitcoin will be very useful. He was also quick to praise Elon Musk – the South African billionaire behind mega companies like Tesla and SpaceX – and Jack Dorsey, the former CEO of Twitter. Continuing his...

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Suisse : Bity SA lance une action en justice contre la FINMA

Bity SA a lancé la semaine dernière une action en justice contre l’Autorité fédérale suisse de surveillance des marchés (la FINMA). La plateforme d’échange de cryptomonnaies conteste une ordonnance qui limite l’achat de Bitcoin sans identification du client à 1000 francs suisses par mois – quand la loi autorise 5000 CHF par transaction en espèces – et qui impacte directement l’activité de ses guichets automatiques. « Si la Suisse a...

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SHIB Jumps 5% Following Shibarium Beta Launch, BTC Stands Still Above $29K (Weekend Watch)

Bitcoin’s price performance continues to be quite underwhelming, but the asset managed to sustain above $29,000 at least. The altcoins are also slightly in the green, with gains of up to 2% from the likes of DOGE and SOL. SHIB has jumped the most from the top 20. BTC Stalls Above $29K It’s safe to say that there have been more exciting times in the crypto ecosystem when it comes down to price performances. Bitcoin started the week with a nosedive that drove it from over...

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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...

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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...

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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...

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