Italian luxury sports car manufacturer – Ferrari – announced plans to expand its cryptocurrency payment system to its network of European dealers from the end of July. Ferrari also intends to extend its crypto transaction options to additional countries in its global dealership network where digital currencies are legally recognized, by 2024-end. In its official […]
Bitcoin has remained the most used cryptocurrency by criminals, even with the rise of privacy coins like Monero. According to the recent Europol Internet Organized Crime Threat Assessment report, financial crimes are also still the main illicit crypto use. Bitcoin’s Popularity with Criminals Sparks Concerns Bitcoin has been the preferred asset for ransomware groups due […]
Bitcoin’s price has been on a rollercoaster throughout the past couple of hours, largely induced by the anticipation of and subsequent speech of former US President and current Presidential Candidate Donald Trump at Bitcoin 2024 in Nashville. The price initially nosedived below $67K from an intraday high at above $69K before the speech. Source: TradingView […]
The 2024 US presidential elections are arguably one of the most important political events that the entire world is watching. Donald Trump, the former president and current Republican candidate, has gone live on the stage of Bitcoin 2024, a BTC-centered conference held in Nashville. He has spent recent weeks trying to make amends with the […]
Ethereum has recently faced a notable rejection and experienced a 13.3% decline after breaking above the 100-day moving average. The price is currently struggling to break below the 200-day MA, indicating a notable bearish sign if the breakout occurs. Technical Analysis By Shayan The Daily Chart A close examination of Ethereum’s daily chart reveals that […]
Jan van Eck, the CEO of the investment management company VanEck, highlighted some of Bitcoin’s most notable merits during the ongoing BTC Conference in the States. Additionally, he said that ‘way over 30%’ of his portfolio has been allocated to the primary digital asset. VanEck is among the financial giants that filed and later launched […]
TL;DR XRP has seen a substantial price increase in the past month, with analysts predicting further gains if key price levels are surpassed. Factors supporting a potential rise include a favorable RSI, high open interest in derivatives, and possible developments in the Ripple v SEC lawsuit. What’s Next for XRP? Ripple’s XRP is one of […]
Kennedy proposes that the federal government should buy Bitcoin until its holdings match the value of the nation’s gold reserves. US gold reserves are currently around 8,133 tonnes, which is worth around $615 billion. So, this amount of Bitcoin would equate to roughly 9.4 million BTC, which is almost 45% of the total supply. “I […]
[PRESS RELEASE – Hong Kong, HK, July 26th, 2024] 2024 started with explosive growth in games like Hamster Kombat, breaking Guiness world record milestones, and Catizen, establishing itself as one of the fastest growing crypto gaming communities. After an explicit call from Telegram CEO Pavel Durov for a canine complement, it was only a matter of […]
Yet another regional government has disclosed an allocation to the newly launched Bitcoin ETFs, forging another step in Bitcoin’s growing adoption among not only institutions but also governments. In a Form-13F filed on Friday, the State of Michigan Retirement System revealed that it had $6.6 million allocated to Bitcoin ETF products as of June 30. […]