Stack BTC Plc has raised $347,204 from several entities, including Nigel Farage, leader of the Reform UK party, and Blockchain.com. The fundraising was carried out through the issuance of 5,200,000 new ordinary shares at 5 pence per unit, with plans to use the proceeds to buy and grow UK businesses, build a Bitcoin (BTC) treasury, […]
Bitcoin (BTC), which was trading nearly 300 bucks around the $69,000 level at the time of this writing, has recorded readings from multiple on-chain indicators that often precede major trend changes, including weakening derivative momentum and falling short-term holder capital. The signals have come at a time when the flagship cryptocurrency is struggling to hold […]
After a day of more fluctuations prompted by the quickly developing situation in the Middle East, bitcoin’s price aimed at $70,000 minutes ago as Trump addressed the war and the Strait of Hormuz. His words sent shockwaves through other financial fields as well, especially with oil, as the CFDs on WTI Crude Oil plunged to […]
KuCoin has received the highest proof-of-reserves (PoR) transparency score among major crypto exchanges, according to CryptoQuant’s latest annual Exchange Leader report. The findings placed the Seychelles-based trading platform ahead of several larger rivals in a category that many traders view as central to assessing exchange solvency. Report Ranks Exchanges on Reserves and Trading Activity The […]
American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment. The acquisition is expected to increase the company’s total capacity by 12%, supporting its strategy of accumulating BTC through mining operations. The 12% Capacity Expansion ABTC said in a March 3 press release that the new miners will add 3.05 […]
A crypto holder known online as Sillytuna said on March 5 that attackers stole about $24 million worth of tokens after threatening him with violence during a real-world robbery. The incident has renewed concern about so-called “wrench attacks,” a form of crime where perpetrators use physical threats to force victims to hand over control of […]
In a press release shared on March 7, Binance announced that a US Federal Court in the Southern District of New York had dismissed all claims brought against it under the Anti-Terrorism Act (ATA). Eleanor Hughes, the company’s General Counsel and spokesperson on the matter, indicated that this dismissal is a “complete vindication of all […]
The Virtual Asset Regulatory Authority (VARA), which is the main watchdog for cryptocurrency-related businesses in Dubai, has issued a formal cease and desist order to KuCoin and MEXC. The regulator argued that it had come to its attention that the popular trading platforms “may be providing Virtual Asset activities to Dubai residents without the necessary […]
Vitalik Buterin has outlined his perspective on how artificial intelligence (AI) could redefine the next generation of Web3 wallets. He also proposed a model where humans remain directly involved in approving high-value transactions. AI Will Shape Newer Crypto Wallets The Ethereum co-founder shared his views on the decentralized social media platform Farcaster, noting that it […]
Around 31,700 Bitcoin options contracts will expire on Friday, Mar. 6, with a notional value of roughly $2.2 billion. This event is much smaller than last week’s, so there is unlikely to be any impact on spot markets. Crypto markets have seen a little daylight this week, with around $150 billion added to total market […]