In today’s news, we will glance at the world of cryptocurrencies and explore the potential impact of a Bitcoin exchange-traded fund (ETF) in the United States. Roundtable anchor Rob Nelson and Alex Mascioli, the founder of trading signal and data…
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…
FTX Holds $1.162 Billion SOL And $560 Million Worth Of Bitcoin: Selling Action Plan Explained
Introduction: In a world where cryptocurrencies are gaining more recognition and influence by the day, news surrounding major crypto exchanges and their assets has become a focal point for both enthusiasts and investors. One such exchange, FTX, recently made headlines…
Outranking the Competition: Teen Hacker’s Bitcoin Heist and the DOJ’s $5 Million Demand
Introduction In a digital age where cryptocurrency is gaining immense popularity, a recent incident involving a teenage hacker and a BMW sports car has captured the attention of both the cybersecurity community and the broader public. This article delves into…
Bitcoin Pool Operator Slapped with $2.5 Million Penalty for Involvement in Trading Scam
In the world of cryptocurrencies, where innovation often takes the front seat, fraudulent activities continue to persist. The latest headline in the crypto space revolves around a Bitcoin pool operator who has been slapped with a hefty $2.5 million fine…
Chainalysis Denounces Bitcoin Core Contributor as Unqualified
In the world of cryptocurrencies, Bitcoin has held its reign as the pioneer and most widely recognized digital currency. Behind the scenes, a dedicated community of developers tirelessly works to maintain and improve the Bitcoin network. However, recent events have…
Long-Awaited Bitcoin Accounting Rules to Capture Rises
Crypto companies and other businesses holding significant digital currency assets will finally have clear accounting rules to measure the value of their Bitcoin, Ethereum, and other cryptocurrencies, as unanimously voted by US accounting standard-setters on Wednesday. Understanding Crypto Accounting Rules…
The Emotional Rollercoaster of Bitcoin: A Sentiment Analysis to the Crypto World
Currently, Bitcoin is trading at $25,867, reflecting a 1.47% decrease today. Over the course of this week, Bitcoin reached a low of $25,386, a downward movement that was previously discussed in our sentiment analysis here. As we navigate through September,…
The Bitcoin Whales: Dive into the World of some of the Largest BTC Holders
Introduction: The world of cryptocurrency is a constantly shifting landscape, marked by remarkable highs and gut-wrenching lows. Bitcoin, as the pioneer and poster child of cryptocurrencies, has its own share of excitement and intrigue. One particularly fascinating aspect is the…
The Texas Bitcoin Miner Shutdown: A Deep Dive
Introduction In a recent turn of events, the Lone Star State made headlines by paying a staggering $31.7 million to a Bitcoin mining company, Riot Blockchain, to cease its operations in August 2023. This unexpected move has sparked a flurry…