Bitcoin News
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UAE to Boost Global South Growth Through BRICS Membership
The United Arab Emirates (UAE) is committed to supporting the economic development of the Global South through its membership in the BRICS group, according to Younis Haji Al Khoori, Under-Secretary…

Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage
Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an…

Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly…

US Banking Regulator Calls for Stronger Oversight of Crypto Risks
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision…

Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad
In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The…

South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices
South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims…

FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFs
The FBI has issued a new warning about North Korea’s cyber campaigns targeting the cryptocurrency sector. The agency highlighted the use of sophisticated, hard-to-detect social engineering tactics to deploy malware…

China Urged to Establish Unified Crypto Regulations for Seized Digital Assets
A law professor at the East China University of Political Science and Law has highlighted the urgent need for China to standardize procedures for recovering illicit digital assets due to…

Arthur Hayes Predicts Bitcoin May Fall to $50K in Worst Case
Arthur Hayes has issued a stark warning for Bitcoin investors, suggesting that the cryptocurrency could fall to $50,000 in a worst-case scenario. In his latest article titled “Boom Times… Delayed,”…

Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California
A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain…

Expert Predicts How High Bitcoin Will Rise In The Next 10 Years
Este artículo también está disponible en español. Over the past seven months, the price of Bitcoin has moved in a range between $73,777 and $49,000, significantly depressing sentiment across the…

Bitcoin to Face Critical September After 8.75% Drop in August
As September opens, Bitcoin confronts a pivotal moment with significant challenges looming. The cryptocurrency concluded August at $58,975, marking an 8.75% drop for the month—its sharpest decline in six months.…

Bitcoin Short-Term Holder Behavior Reminiscent Of 2019 As BTC Remains Below $60,000
Este artículo también está disponible en español. A recent Quicktake analysis on the on-chain analytics platform CryptoQuant highlighted how Bitcoin’s short-term holders’ (STH) behaviour is similar to that of 2019.…

Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s)…

Web3 Startup Startale Labs Secures Investment From Samsung Next Following Sony Partnership
Samsung Next has announced its investment in Startale Labs, a company at the forefront of the Web3 ecosystem. This partnership aims to address the limitations of centralized systems by providing…

Metaplanet Collaborates with SBI VC Trade to Strengthen Bitcoin Holdings
Metaplanet signs a strategic agreement with SBI VC Trade for custodial and financial services. The alliance intends to increase Bitcoin holdings and facilitate corporate funding. Metaplanet Inc., a Japan-based investment…

Pundit Shows Similarities Between 2023 And 2024
Este artículo también está disponible en español. A crypto pundit has identified striking similarities between the Bitcoin (BTC) market behavior in 2023 and 2024. Based on the analyst’s observation, he…

The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below $2 Trillion
According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The…

Hoskinson Criticizes Bitcoin, Predicts Decline Due to Lack of Innovation
Charles Hoskinson, the founder of Cardano, has recently issued a critical assessment of Bitcoin, suggesting that it may eventually lose its leading position in the cryptocurrency market due to a…

Base Dawgz Meme Coin Launches Today After $3M ICO – 10x Gains Incoming?
The meme coin world’s latest sensation, Base Dawgz (DAWGZ), is gearing up for its DEX listing debut today. With its presale now over, investors have one final chance to buy…

Bitcoin ETFs Drop $287M While Ether ETFs Shed $47M in Early September Trading
On Tuesday, U.S. spot bitcoin and ether exchange-traded funds (ETFs) kicked off the week with notable outflows. Bitcoin ETFs collectively saw $287.78 million withdrawn, while ether ETFs experienced $47.40 million…

Unified Global Framework Crucial for Multi-Trillion-Dollar RWA Market, Says Finance Veteran
The real-world assets (RWAs) tokenization sector is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder…

Low Investment Threshold, Greater Financial Control Lure Aussies to Crypto, Study Finds
The report indicates that Australia has a higher cryptocurrency adoption rate with one in every five current or past crypto holders. Key factors driving adoption include the relatively low investment…

Riot Pushes for Overhaul at Bitfarms Ahead of Key Shareholder Meeting
Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the…