Tether shifts $780M in Bitcoin to reserve — its biggest move in 9 months
Stablecoin issuer Tether has moved over 8,400 Bitcoin to its reserve in its biggest move since March.
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Russia’s New Bill Forces Banks and Merchants to Embrace Digital Ruble
Russia is set to make the digital ruble mandatory for banks and large merchants by 2025, pushing widespread adoption through universal QR code payments. Russia Moves to Mandate Digital Ruble for Banks and Merchants A bill has been introduced to…
Hyperbitcoinization and Supercycle Hype Heats Up: Is Bitcoin’s Four-Year Cycle Dead?
2024 has been a banner year for bitcoin, and this weekend on Reddit, the crypto community dove into a lively debate about the leading digital currency’s cycles. Bitcoin enthusiasts pondered whether the classic four-year halving cycle could lose its forecasting…
Blockchain Bandit moves $172M ETH after 2 years of dormancy: ZachXBT
The notorious hacker accumulated 51,000 Ether mostly by guessing weak private keys from 2016 to 2018.
Bitcoin Boom Goes Mainstream—Blackrock’s IBIT Becomes the Fastest Growing ETF of All Time
On Monday, Bloomberg spotlighted Blackrock’s Ishares Bitcoin Trust, or IBIT, as the “greatest launch” in exchange-traded fund (ETF) history. Bitcoin Takes Center Stage as Blackrock’s IBIT Breaks Records Blackrock, the world’s largest asset manager, reached an all-time peak of $11.5…
All the Major Bitcoin Price Predictions Since Trump’s Election
Donald Trump clinched the presidential nomination in November, creating a frenzy of bitcoin price predictions that range from a modest $130,000 to a mind-bending $49 million per coin. Top Minds Predict Bitcoin’s Price Trajectory A black swan event is an…
Weekly Inflows and Outflows Show Contrasting Fortunes for BTC and ETH ETFs
Ethereum ETFs closed the week strong with inflows above $300 million while bitcoin ETFs saw outflows of close to $400 million. Last Week of 2024 Sees Outflows for Bitcoin ETFs and Inflows for Ethereum ETFs Bitcoin and ethereum exchange-traded funds…
Microstrategy’s Crypto Fortune Grows, Yet Stock Plummets 36% From All-Time High
Microstrategy may have scooped up 2,138 BTC recently, but its stock price has been anything but steady. The company’s shares are now trading more than 36% below their record high. Microstrategy Doubles Down on Bitcoin, but Can It Weather a…
Bitcoin: Use It Or Lose It
Whenever concerns surrounding Bitcoin’s long term prospects’ going in a negative direction surface, a common refrain of dismissal is “Well tell us what to do about it then.” This is used to dismiss all concerns of regulation leading to regulatory…
Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.