Bitcoin ETFs Surpass Satoshi’s Holdings, Blockchain Firm Breaks Down Institutional Adoption In 2024

The year 2024 will be one for the history books for the cryptocurrency industry and, especially, for Bitcoin. After kickstarting the year with the approval of spot exchange-traded funds (ETFs), it didn’t take long before the premier cryptocurrency rode on the back of fresh institutional capital to a new all-time high. This has pretty much […] дальше »

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Bitcoin Seller Appetite Running Out? Profit-Taking Down 42% Since Top

On-chain data shows that Bitcoin investors’ profit-taking has observed a huge decline since last month’s top, a sign that could be positive for BTC. Bitcoin Realized Profit To Exchanges Now Down To $277 Million Per Day According to data from the on-chain analytics firm Glassnode, trader profit-taking in the Bitcoin market has cooled off significantly […] дальше »

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US Judge Halts Arkansas Crackdown On Crypto Mining Firm Over Foreign Ownership Case

A US Federal Judge in Little Rock has temporarily halted Arkansas State’s efforts to shut down a crypto mining firm owned by a Chinese-born man. The ruling comes after the firm requested a Temporary Restraining Order (TRO) claiming illegal discrimination. дальше »

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Argo Blockchain shares plunge 19% on weaker Q3 revenue compared to 2023 levels

Argo Blockchain reported a 28% decline in Q3 revenue year-over-year, reflecting continued challenges in the crypto mining space. Bitcoin (BTC) mining firm Argo Blockchain reported wider losses for Q3, with quarterly revenue of $7.5 million, down from $10.4 million a… дальше »

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CoinShares launches educational campaign targeting Swedish investors

European asset manager CoinShares is launching an educational initiative to inform Swedish investors about cryptocurrencies. CoinShares is doubling down on educating Swedish investors about the crypto market in an effort to promote its Nordic product, CoinShares XBT Provider, the firm… дальше »

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Block Inc. shifts focus to Bitcoin mining amid plans to sunset Web5-focused TBD

Jack Dorsey founded payments firm Block Inc. is pivoting its focus towards the cryptocurrency mining sector. In a Nov. 7 shareholder letter, Block, formerly Square Inc., said it would dial down resources towards its music streaming service TIDAL, and sunset… дальше »

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Circle doubling down on Hong Kong presence

Circle plans to bolster its foothold in Southeast Asia, with Hong Kong’s stablecoin roadmap incentivizing the firm’s proposed business expansion. дальше »

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FCA doubles down on hawkish crypto stance to fight money laundering

The FCA is defending its stringent crypto firm registration process despite concerns that the approach may hinder innovation. The U.K. Financial Conduct Authority is reaffirming its commitment to a rigorous registration process for crypto businesses, addressing concerns that these tough… дальше »

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Copper appoints new CEO to focus on strengthening US presence

Crypto custodian firm Copper has appointed a new chief executive to double down on its presence in the U.S., Hong Kong, and Abu Dhabi. Copper, a crypto custodian and collateral management hub, announced the appointment of Amar Kuchinad as its… дальше »

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Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down

Tokarev helped found the digital-assets custody firm in 2018. дальше »

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Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC

Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment.

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Terraform Labs moves $62.81M in BTC amid final wind-down steps

On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62. 81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following […] The post Terraform Labs moves $62. дальше »

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Metaplanet taps SBI VC Trade for Bitcoin custody 

Japanese investment firm Metaplanet Inc. has partnered with SBI VC Trade, a SBI Group subsidiary, to bolster its Bitcoin accumulation strategy. According to a Sep. 2 announcement, the collaboration is a bid to double down on Metaplanet’s Bitcoin accumulation strategy… дальше »

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Metaplanet shares up by +10% after latest Bitcoin purchases, loan

Metaplanet's BTC purchases have gone down well in the market More firms might soon adopt BTC as part of their treasury reserves Metaplanet, a Japanese firm known for its aggressive BitThe post Metaplanet shares up by +10% after latest Bitcoin purchases, loan appeared first on AMBCrypto. дальше »

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Metaplanet shares up 20% as company buys another 20 BTC

Metaplanet’s shares surged over 20% on the Tokyo Stock Exchange following the company’s latest acquisition of Bitcoin. Japanese investment firm Metaplanet spent over $1.2 million to buy another group of Bitcoin (BTC) as it continues to double down on its… дальше »

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Messari CEO Ryan Selkis steps down

Ryan Selkis is stepping down as CEO of crypto platform Messari. Eric Turner, the company’s chief revenue officer, replaces him as interim CEO. Ryan Selkis is stepping down from his role as CEO of crypto platform Messari, the firm announced on Friday. дальше »

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Humacyte wins special advanced-therapy designation for ATEV

Humacyte Inc (NASDAQ: HUMA) opened close to 25% up on Monday after the Food & Drug Administration granted its ATEV a special advanced-therapy designation.   Shares of the biotech firm are still down some 30% versus their year-to-date high. дальше »

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ZynCoin Meme Token Patches Things Up With Tobacco Giant Philip Morris

The Fortune 500 firm initially demanded an end to the crypto named for its nicotine pouch, but backed down after realizing there was no entity to sue. дальше »

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Metaplanet doubles down on Bitcoin, eyes additional $6.2 million purchase

Japanese firm Metaplanet announces 1 billion yen ($6. 2 million) BTC purchase. Funds will come from proceeds of a bond issuance. Metaplanet, a top Japanese investment firm that has recently adopted the Bitcoin strategy by adding BTC to their balance sheet, has announced plans to buy more BTC. дальше »

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MicroStrategy buys 12k new BTC

MicroStrategy shows no signs of slowing down with another $786 million purchase of Bitcoins. MicroStrategy expanded its Bitcoin holdings with the purchase of 11,931 BTC for $786 million in cash “using proceeds from convertible notes,” the firm’s founder Michael Saylor… дальше »

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Michael Saylor’s MicroStrategy Ups Latest Debt Offering To $700 Million To Increase Its Bitcoin Bet

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Bitcoin price prediction 2033: Bernstein sees upside to $1m

Bernstein, an asset management firm with over $750 billion in assets, is doubling down on its Bitcoin price prediction, raising their target for 2025 from $150,000 to $200,000. The prediction for 2033 is an astounding $1 million. Analysts at the… дальше »

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Are Investors Ditching Ethereum For Bitcoin? Data Could Say So

On-chain data shows that Bitcoin and Ethereum exchange supplies have gone opposite ways recently, a sign that a rotation may be on. Bitcoin’s Exchange Supply Has Gone Down While Ethereum’s Has Risen According to data from the on-chain analytics firm Santiment, the Supply on Exchanges metric has dropped to the lowest level since December 2021 […] дальше »

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Bitcoin Stuck: Here Are 2 Things That Must Happen For BTC To Break $72,000

At spot rates, Bitcoin is firm, but traders doubt the uptrend following the unexpected dump on June 11. Currently, Bitcoin is stable, trending above $67,000 and down despite gains on June 12. Still, even at this level, there are concerns because the coin, despite all the confidence across the board, remains below $72,000. дальше »

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Bitcoin Demand Has ‘Considerably’ Slowed Down, Glassnode Report Suggests

The on-chain analytics firm Glassnode revealed in its latest weekly report that demand for Bitcoin has slowed recently. Bitcoin Realized Cap Has Slowed Down Its Uptrend Recently In its new report, Glassnode has discussed the latest development in the Bitcoin Realized Cap. дальше »

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Grayscale switches CEO following $144 million reduction in fees as Bitcoin outflows finally subsiding

Grayscale Investments, the world’s largest crypto asset manager, announced the appointment of Peter Mintzberg as its new Chief Executive Officer, effective August 15, 2024. Mintzberg will succeed Michael Sonnenshein, who stepped down from the position after a decade with the firm to pursue other interests. дальше »

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UK Crypto Advice Firm Shut Down After

The UK government’s Insolvency Service has shut down a crypto advisory firm for accounting negligence and the loss of investors’ money. The firm seemingly claimed to help users with investments while promoting crypto schemes that resulted in millions lost. дальше »

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Crypto exchange OKX launches local regulated entity in Australia

The expansion comes 12 months after the firm announced its intention to expand down under.

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Chainalysis: Ransomware payments down 50% in 2023

Blockchain forensics firm Chainalysis says ransomware attacks involving payments decreased by 46% in 2023. As the ransomware market becomes increasingly saturated with new schemes due to lower barriers-to-entry, executing profitable attacks involving crypto payments has become a challenging thing, according… дальше »

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Bitcoin Will Still Hit $150,000 By Year-End Despite ETF Hype Dying Down — Standard Chartered

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Standard Chartered doubles down on $150k Bitcoin prediction

Geoff Kendrick, head of digital assets research at Standard Chartered, is still optimistic about Bitcoin, with his firm setting a year-end price target of $150,000. дальше »

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Bitcoin halving: Is Michael Saylor offloading MicroStrategy shares to buy BTC?

Michael Saylor, the Executive Chairman of MicroStrategy (MSTR) has sold 370,000 shares of the business intelligence firm, according to recent filings.   The sale amounts to over $370 million and the executive’s Class A holdings are now down to 30,000 shares, as on Thursday. дальше »

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QCP Capital teams up Further Ventures to expand services in Abu Dhabi

Singapore-based crypto trading firm QCP Capital has signed a strategic partnership agreement with Further Ventures to double down on the Middle Eastern markets. Asia’s crypto trading firm QCP Capital revealed a partnership agreement with Further Ventures, an investment firm backed… дальше »

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Solana & Other Top Coins Lose Trading Volume, Market Interest Down?

On-chain data shows Solana and other top cryptocurrencies have seen a decline in trading volume recently. Here’s what this says about the market. Solana, Bitcoin, And Ethereum Trading Volumes Have Declined Over Past Month According to data from the on-chain analytics firm Santiment, the cryptocurrency market’s trading volume has been declining since its peak in […] дальше »

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Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO

The current CEO Michael will step down “to pursue other opportunities.” дальше »

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Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees

The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry. дальше »

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Litecoin (LTC) Support Holds Firm – What’s Driving Its Resilience?

The Litecoin (LTC) price can begin a downward movement if it breaks down from its ascending parallel channel. The post Litecoin (LTC) Support Holds Firm – What’s Driving Its Resilience? appeared first on BeInCrypto. дальше »

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