Cryptocurrency - news

Some of Alipay’s mainland Chinese users saw ads inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase.

Security researchers claimed that the vulnerability could have been used to crash the entire Dogecoin network.

Nvidia is facing a class-action lawsuit over Nvidia crypto miners’ mining rigs, alleging that it.. The post Nvidia Hit with Class-Action Lawsuit Over Crypto Miner Sales After Supreme Court Denies Appeal appeared first on 99Bitcoins.

Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.

The Bitcoin (BTC) market has undergone a remarkable recovery this year, largely due to the increased popularity of Bitcoin ETFs. BTC reached an all-time high of $73,000 in the first quarter of the year, sparking a bullish trend that continues today, with a recent high of $104,000. The presidential election of Donald Trump has had a huge impact on this rise especially over the past month, as he has positioned himself as the first pro-crypto President, picturing America as the “crypto capital of the world.” Trump’s favorable position toward digital assets has infused increased optimism among investors, resulting in increased buying pressure from Bitcoin ETF providers such as BlackRock and Fidelity. Notably, the top 12 Bitcoin ETFs have emerged as the biggest BTC holders, with a combined asset value of over $100 billion.  This figure represents one of the most successful ETF launches in financial history, with the 12 spot Bitcoin ETFs now collectively owning approximately 1.1 million [...]

Babylon co-founder and chief technology officer Fisher Yu said DeFi on Bitcoin can evolve faster than other ecosystems by learning from the mistakes of the broader DeFi space.

The CNV, the current VASP regulatory institution in Argentina, has signed a collaboration agreement with the Digital Asset National Commission (CNAD) of El Salvador to exchange information, supervise, and regulate cryptocurrency exchange operations. Argentina to Lean on El Salvador’s Experience in the Digital Asset Regulation Field President Javier Milei’s administration seems adamant about establishing clear […]

El Salvador partners with Argentina to strengthen the digital assets industry, and has talks underway with over 25 nations for similar partnerships.

Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector’s future regulatory environment under President-elect Donald Trump. Bitcoin Price Nears Record Peaks The regulatory landscape is poised for significant changes, particularly with Brian Quintenz emerging as a strong candidate to lead the Commodity Futures Trading Commission (CFTC).  Quintenz, currently the head of policy at a16z Crypto—Andreessen Horowitz’s digital asset division—and a former Republican CFTC commissioner, is seen as a favorable choice for the crypto community.  Related Reading: XRP Price Defies Bearish Crypto Trend, Rallies 6%: Key Drivers Revealed This follows the recent selection of pro-crypto Paul Atkins to lead the US Securities and Exchange Commission (SEC), giving him the ability to turn the regulatory agency 180 degrees after years of leading a regulation-by-enforcement [...]

The concerns were in response to Michael Saylor’s suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S. To Purchase up to 25% of Total Supply Bitcoin educator Anita Posch, founder of non-profit organization Bitcoin for Fairness posted a warning on X about the […]

Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company’s total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price. Bitcoin May Surge As High As $275,000 According to data from Coinglass, over $478 million worth of contracts – primarily long positions – were liquidated in the past 24 hours following the plunge in BTC and other cryptocurrencies. Interestingly, liquidation volumes were higher in altcoins compared to Bitcoin. Related Reading: Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support – Details However, some analysts view this price dip as a buying opportunity. Seasoned crypto analyst Ali Martinez took to X to highlight a long cup and handle pattern forming on Bitcoin’s weekly chart. For those unfamiliar, the cup and handle pattern is a bullish technical formation that resembles a rounded “cup” [...]

The Royal Melbourne Institute of Technology’s Blockchain Innovation Hub will no longer exist in its current dedicated form starting in 2025.

BNB price is gaining pace above the $700 zone. The price is showing positive signs and might aim for a move above the $735 resistance. BNB price started a fresh increase from the $650 support zone. The price is now trading above $700 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $705 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $700 level to start another increase in the near term. BNB Price Starts Fresh Increase After a close above the $675 level, BNB price started a fresh increase, like Ethereum and Bitcoin. The bulls were able to pump the price above the $680 and $700 resistance levels. There was a break above a key bearish trend line with resistance at $705 on the hourly chart of the BNB/USD pair. The pair surpassed the 50% Fib retracement level of the downward move from the $761 swing high to the $650 low. The price is now trading above $700 and the 100-hourly [...]