The US Federal Bureau of Investigation (FBI) reportedly issued a subpoena to obtain personal information from attendees of a Bitcoin core developer event in 2022. The move came to light through Mike Schmidt, co-founder of the Bitcoin non-profit Brink, who stated that the subpoena is related to allegations made by BTC developer and co-founder of […]
American author and financial educator Robert Kiyosaki has voiced his agreement with a $2.3 million per Bitcoin (BTC) prediction that Cathie Wood’s asset management firm Ark Invest made earlier this year. According to his tweet, Kiyosaki believes Wood’s predictions because he trusts her opinion, she is smart, and BTC has the potential to become worth […]
There are roughly 21,000 Bitcoin options contracts due to expire on Friday, April 12. These have a notional value of around $1.5 billion, which is slightly higher than last week’s expiration event. Additionally, crypto markets have been relatively stable this week, with total capitalization hovering at just over $2.7 trillion, and Bitcoin is dominating market movements. […]
One week before the halving, the Bitcoin network is faced with another wave of hot demand, with some coming from a now familiar source: Ordinals traders. As of Thursday, data from mempool.space shows that Bitcoin users are paying over 90 sats/vByte of block space, placing the average cost of a transaction at $8.50 apiece. Ordinals […]
Fintech firm and stablecoin issuer Circle has announced that native USDC is now available on the leading layer 2 rollup, zkSync, thereby making it accessible to developers and users without the need for bridging. With the latest inclusion, USDC is now supported on a total of 16 blockchain networks. USDC on zkSync In its official […]
The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC […]
Grayscale CEO Michael Sonnenshein predicted that outflows from the Grayscale Bitcoin exchange-traded fund (GBTC) will stabilize and reach an equilibrium. Grayscale has been facing stiff competition in the spot Bitcoin exchange-traded fund (ETF) market since January, when the U.S. Securities and Exchange Commission (SEC) approved the product. Grayscale CEO Sees Outflows Reducing According to Sonnenshein, […]
TL;DR XRP has seen significant volatility recently, with predictions suggesting a potential surge to $4 by early 2025. The anticipation of Ripple’s trial with the SEC on April 23 adds to the interest in XRP, with speculations that a favorable outcome for the firm could lead to a significant rally in the asset’s price. Ripple’s […]
The United States Securities and Exchange Commission (SEC) has postponed its decision on the New York Stock Exchange’s proposal to introduce option trading on spot Bitcoin exchange-traded funds (ETFs). Grayscale Bitcoin Trust and Bitwise Bitcoin ETF are directly affected since they hold BTC on the NYSE. SEC Delays Decision on Spot BTC ETF Options Trading […]
The boss of America’s largest crypto mining firm, Marathon, said that spot Bitcoin ETF approvals had brought forward what would otherwise have been the post-halving rally. “I think the ETF approval, which has been a huge success, has attracted capital into the market and essentially brought forward what could have been the price appreciation we […]