Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
User Pays $450,000 for a Bitcoin Inscription
Reading time: < 1 minuteOn December 7, an NFT user known as OG General purchased one of the early “Inscriptions” from the Honey Badger collection in the Bitcoin blockchain for 10.4 BTC (equivalent to $450,000 at the time).
Investors Withdrew $1.6B from Binance Last Month: Report
Reading time: < 1 minuteBinance experienced an outflow of $1.6 billion in digital currency from its exchange wallets in November.
US Presidential Candidate Criticizes SEC’s Actions Against Crypto
Reading time: < 1 minuteVivek Ramaswamy, a candidate in the ongoing US election, recently shared his thoughts on the Justice Department’s accusations against Binance.
Bitcoin to Hit $50,000 Next Year: Report
Reading time: < 1 minuteBitcoin experienced a significant surge of over 60% in October. This week marked a significant milestone as it broke above $44,000 for the first time since April of 2022.
SEC is in Talks with Bitcoin ETF Issuers
Reading time: < 1 minuteThe Securities and Exchange Commission is currently in negotiations with asset managers who have applied to launch a spot Bitcoin ETF.
Judge Orders Changpeng Zhao to Stay in US
Reading time: < 1 minuteA federal judge in Seattle has prohibited Changpeng Zhao from returning home to the United Arab Emirates until his court hearing on February 23.
Coinbase CEO: Bitcoin Protects Capital from Inflation
Reading time: < 1 minuteArmstrong underscores Bitcoin’s advantage with its finite supply, positioning it as a secure asset safeguarding investors’ capital.
Canada’s Trading Platforms See Increased Activity
Reading time: < 1 minuteCanadian traders’ activity picked up in the fall, propelled by BTC’s surge to its highest level since the previous spring.
Bitzlato Founder Admits Laundering $700M
Reading time: < 1 minuteAnatoly Legkodymov, the founder of the Bitzlato crypto exchange platform, has admitted guilt in the transfer and laundering of criminal funds.
Phoenix Group Shares Soar 50% on First Day of Trading
Reading time: < 1 minuteOn its first day of trading, shares of Phoenix Group, a mining and colocation company based in Abu Dhabi, UAE, opened at 2.25 AED.
