BTC

A massive $2.31 billion worth of crypto assets is set to hit the market in the next 30 days

3 hours ago 1 min read

Token Unlocks forecasts a substantial increase of $2.31 billion in cryptocurrency assets within the next 30 days. This surge is expected to come mostly from prominent projects such as Solana (SOL), Avalanche (AVAX), Wormhole (W), Worldcoin (WLD), and The Sandbox (SAND). Solana is presently adhering to a linear unlock schedule, wherein 74,860 SOL tokens, worth more than $13.3 million, are being introduced into the market daily. On December 26, 2023,

Mt. Gox $335M BTC Shift to Bitstamp Undisclosed Wallet Raising Analyst Eyebrows: RLBK In The Spotlight as MANA Fades Out The Top 100 Rank

10 hours ago 3 mins read

The reshuffling of thousands of BTC from the defunct exchange Mt. Gox has made analysts uneasy about upcoming price trends. A similar reservation exists about Decentraland (MANA) and its capability for rapid recovery. However, investors are confident about Rollblock, a new altcoin with a projected price rise of 800% as its presale wraps up.  Bitcoin Remains Strong Despite Mt.Gox Movements Mt. Gox is currently holding $6 billion worth of Bitcoin.

Ripple CEO Brad Garlinghouse urges VP Kamala Harris to clarify her crypto stance

19 hours ago 1 min read

Ripple CEO Brad Garlinghouse is requesting US Vice President Kamala Harris to provide a clear explanation of her position on crypto regulation in light of ongoing discussions over the government’s policies on digital currency. This request comes in the wake of Harris’s decision to withdraw from the Bitcoin Conference 2024. Garlinghouse asserts that the rise of crypto has been impeded by tribalism and political bias, and he advocates for prioritizing

Jersey City Mayor plans to allocate a portion of the city’s pension fund to Bitcoin ETFs

19 hours ago 1 min read

Mayor Steven Fulop of Jersey City has declared intentions to deploy a segment of the city’s pension fund towards Bitcoin exchange-traded funds (ETFs), indicating a notable change in the city’s financial approach to incorporating crypto. The pension fund is currently revising its documentation with the US Securities and Exchange Commission (SEC) to incorporate Bitcoin Exchange-Traded Funds (ETFs). This move aligns Jersey City with the Wisconsin Pension Fund, which allocated 2%

Trump campaign raises $3 million in crypto in Q2 2024, led by Winklevoss and Powell donations

July 26, 2024 1 min read

The Donald Trump reelection campaign has garnered $3 million in contributions in the form of digital assets during the second quarter of 2024. This represents a notable shift from Trump’s previous portrayal of Bitcoin as a fraudulent scheme. The increase in fundraising occurs as Donald Trump strategically prepares for another presidential campaign, with the Trump 47 Committee receiving significant donations from prominent individuals in the Bitcoin sector. Cameron and Tyler

Over $380 million in BTC is to be liquidated if Bitcoin falls below $60K

July 26, 2024 1 min read

Bitcoin investors are expressing apprehension about a possible liquidation of $385 million in the event that the price drops to $60,000. The crypto market is currently undergoing a decline in prices and heightened instability, with a risk of traders being forced to sell their assets if the price drops below the $60,000 threshold. Roman Trading anticipates a decline in BTC to a level below $60,000 in the upcoming days, attributing

Bitcoin miner MARA buys $100 million worth of bitcoin (BTC)

July 25, 2024 1 min read

Bitcoin miner MARA has acquired an extra $100 million worth of Bitcoin (BTC). As a result, its balance sheet now has over 20,000 BTC, equivalent to $1.3 billion. This represents roughly 0.1% of the total supply of Bitcoin, which is capped at 21 million units. The company did not disclose the exact timing and average price of the purchases. However, considering the dollar amount and the company’s balance sheet holdings

US Senator to propose a bill requiring the Federal Reserve to hold Bitcoin as a reserve asset

July 25, 2024 1 min read

Wyoming Senator Cynthia Lummis is set to announce a Bitcoin Reserve Bill at the upcoming Bitcoin Conference in Nashville, which would require the Federal Reserve to hold Bitcoin as a strategic reserve asset, similar to gold. This move could help stabilize the US dollar and integrate Bitcoin into mainstream finance. The bill aims to make Bitcoin (BTC) a key component in managing the US monetary system, potentially stabilizing the dollar

Mt. Gox customers will finally receive their crypto assets worth over $9 billion

July 25, 2024 2 mins read

After a lengthy legal process spanning ten years, Mt. Gox, formerly the largest Bitcoin exchange, is now poised to initiate reimbursements to its clientele. Before its collapse in 2014, the exchange, which processed more than 70% of all BTC transactions, lost 950,000 BTC while the value of Bitcoin was $600 a coin. In the current month, a total of 20,658 clients will begin receiving a portion of their previously lost

Russian parliament legalizes crypto for international trade and mining

July 25, 2024 1 min read

The Russian parliament has passed a law allowing the use of crypto for international trade and legalizing crypto mining to counteract the effects of Western sanctions and regulatory constraints on Russian banks. The move aims to improve cross-border transactions and bypass trade restrictions, mirroring Venezuela’s use of crypto to evade sanctions. The law introduces a regulatory framework for Digital Financial Assets (DFAs) and Central Bank Digital Currencies (CBDCs), giving the

Bybit launches Spot Liquidity Pairing Program to enhance liquidity for projects

July 25, 2024 1 min read

Bybit crypto exchange has introduced its Spot Liquidity Pairing Program. This program aims to link reputable market makers with projects that require enhanced liquidity. The program’s objective is to offer liquidity providers substantial prospects for cooperation and exposure. Bybit will prominently showcase Premium Liquidity Providers in its recommendation list for projects, fostering robust collaborations and drawing in a greater number of potential projects to the platform. Bybit has announced the

Anthony Pompliano discusses the SEC’s approval of Ethereum ETFs

July 25, 2024 1 min read

The approval of Ethereum Exchange-Traded Funds (ETFs) by the SEC has generated enthusiasm within the cryptocurrency sector. Anthony Pompliano, the CEO of Professional Capital Management, anticipates that while Ethereum ETFs may not generate as much excitement as Bitcoin ETFs, they will contribute to the wider adoption of cryptocurrencies. Pompliano credited the strong performance of Bitcoin ETFs to the significant amount of money flowing into them, as evidenced by BlackRock’s Bitcoin