The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings. SEC Reviews Proposal for […]
SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians Read More »
On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000 Bitcoin Removed From Digital Currency Trading Platforms
Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days Read More »
Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin ATMs. The senators urged companies to implement stronger measures to combat the
Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns Read More »
Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to bitcoin, bitcoin cash, and ether, with a 180-day window to sell other crypto assets. If certain
Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine Read More »
On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since Nov. 20, 2013, the wallet moved 146.43 BTC, a stash now valued at just over $8 million. Old Bitcoin Wallet Transfers 146 BTC After Nearly
Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer Read More »
According to a director of a non-profit organization, investors’ growing interest in artificial intelligence (AI) may be diverting funds away from crypto startups. The director suggested that the diminished investor interest, even with a rising crypto market, supports this assertion. The director said the diminished interest could be due to a lack of awareness about
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances and mental health. Tambosso, claiming to be
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute Read More »
After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Crypto Slide: Bitcoin Falls, Ether Sinks, and Liquidations Jump The crypto market is in the
Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M Read More »
The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in market volatility. Glassnode Analysis Shows Bitcoin Market Entering a Tranquil Phase Amid Decline in Speculative Activity
Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports Read More »
As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years, it has ended the month on a downward trend 72.73% of the
Bitcoin’s Rough September Price History Raises Questions for 2024 Read More »
