Image Source: CoinMarketCap The bitcoin price tumbled below $26,500 on Friday, dropping over 1% in 24 hours amid a broader decline in the cryptocurrency market. This latest dip comes on the heels of the Federal Reserve’s recent hawkish policy moves…
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The Behemoth Awakens: $56M Bitcoin Whale Suddenly Surfaces After 6 Years
A long-dormant Bitcoin wallet containing approximately 2,100 BTC worth $56 million suddenly became active after nearly six years without any transactions. The unexpected revival of this crypto whale address is sparking intense speculation across the cryptocurrency community. Massive Bitcoin deposits…
Europe is ‘Eating America’s Lunch’: U.S. Held Back by Bitcoin ETF Paralysis
Summer has been kinder to digital assets in Europe than in the United States. In August, Europe celebrated the launch of its first Bitcoin spot market exchange-traded fund (ETF), the Jacobi FT Wilshire Bitcoin ETF, in Amsterdam. Meanwhile, the U.S.,…
Paxos Confirms It’s Responsible for $500K Mistaken Bitcoin Transaction
Paxos, a company known for its stablecoins like PayPal USD (PYUSD) and Pax Dollar (USDP), recently found itself in a bit of a pickle. On September 10, they accidentally paid an extra $500,000 for a Bitcoin transaction. People were speculating…
Global Crypto Wealth Study Reveals 6 Bitcoin Billionaires and 88,000 Crypto Millionaires
Even though the crypto market isn’t doing well right now, some folks handle it like pros. According to a recent report from Henley & Partners, there are currently six Bitcoin billionaires worldwide. Also, 22 billionaires have their crypto wealth spread…
BlackRock Driving Down Bitcoin for ETF – Crypto Analyst
Amidst the roster of institutional contenders, the BlackRock asset manager eagerly anticipates a verdict from the US Securities and Exchange Commission (SEC). Their eager anticipation stems from their formal petition for approvals of Spot Bitcoin Exchange-Traded Funds (ETFs). BlackRock Purposefully…
BitBoy/Ben Armstrong’s Emotional Ousting: Critics, Corporate Upheaval & Reliable Results
Departure of a Crypto Luminary Renowned luminary in the world of cryptocurrency, Ben Armstrong, who holds a commanding presence as the driving force behind BitBoy Crypto, has reportedly taken his leave from the organization, prompting intense speculation within the crypto…
Ledger Adds PayPal as On-Ramp for Bitcoin, Ethereum Purchases
Ledger users are now able to make purchases using PayPal. As Ledger adds Paypal, users can acquire crypto assets through the Ledger Live App by linking their direct storage to their hardware wallet. Ledger Simplifies Crypto Tokens The new partnership…
BTC to Reinforce the US Dollar -Robert Kennedy Jr.
Nations use the US Dollar as the world’s reserve currency to trade with each other. However, some countries are trying to trade with other currencies like the Indian Rupee or the Chinese Yuan, questioning the strength of the greenback. The…
Crypto Just Found Powerful Allies in Congress, Gensler Under Fire
Members of the U.S. Congress grilled the Securities and Exchange Commission (SEC) Chairman Gary Gensler for missteps in the agency’s handling of digital assets. The SEC chair was admonished for the lack of clarity in regulating the crypto space. This…