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The global financial system is the 'net new buyers' this cycle — Chainlink founder

b/crypto 8 months ago

The question to ask is who are the net new buyers in this cycle, and the net new buyers is the global financial system, which is a very, very big group of net new buyers.

Nigeria denies report of $10 billion Binance fine

b/crypto 8 months ago

In the case of Binance, in the last one year alone, $26bn has passed through Nigeria from sources and users who we cannot adequately identify.

The Nine’ spot Bitcoin ETFs see $2B volume for 2nd straight day

b/crypto 8 months ago

I thought maybe it was just pent up volume due to long wknd but it did even more today so there goes that theory

Grayscale’s GBTC outflows reach $7B, but data shows it’s slowing

b/crypto 9 months ago

They can have assets chopped by like 90% and still make more than all of the other issuers combined.

Genesis GBTC sell-off will balance out in crypto market — Coinbase

b/crypto 9 months ago

According to the assessment, the majority of these funds will probably stay in the cryptocurrency ecosystem and have no broader market impact.

Honduras regulator bans banks from holding, transacting with crypto

b/crypto 9 months ago

Forbid organisations under the National Banking and Securities Commission's supervision from holding, investing in, transferring, or using tokens or other comparable virtual assets as cryptocurrenc...

Bitcoin breaches $1 trillion market cap

b/crypto 9 months ago

of governments and banks. For instance, the US government currently spends more on interest payments than on military expenditures. The only way to survive is to print a vast amount of money.

Bitcoin trades above $50K again — but its very different this time

b/crypto 9 months ago

The fourth bitcoin halving, which would increase the asset's scarcity, is scheduled for 2024. Additionally, bitcoin ETFs are expected to witness additional inflows after receiving billions of dolla...

Nice nature

b/nature_art 9 months ago

Nice

On-chain indicators suggest Bitcoin market is now ‘high risk’ — Glassnode

b/crypto 9 months ago

During the early phases of bull markets, these levels are usually observed as long-term investors return to a comparatively significant level of profitability.

6-figure BTC price in 2024? Bitcoin analyst says $55K now 'worst case'

b/crypto 9 months ago

That was a 41-day run-up. The halving will take place in 70 days. This is just one more piece of information on how things appear and the possibility of a fresh ATH or perhaps $100k before the halv...

Hong Kong SFC issues warning over imposter crypto exchange posing as MEXC

b/crypto 9 months ago

Victims who were interested in purchasing cryptocurrency were directed to MEXC-run websites through these chat rooms. After being urged to put money into specific bank accounts for investment purpo...

BlackRock, Fidelity Bitcoin ETFs see largest debut month of any ETF in 30 years

b/crypto 9 months ago

Conversely, since its introduction, BlackRock and Fidelity's ETFs have had inflows on each and every trading day, a development that Balchunas called "literally unprecedented.

Crypto exchange Bitsonic executives jailed for $7.5M theft: Report

b/crypto 9 months ago

The CEO and two other executives of the cryptocurrency yield platform Haru Invest, which stopped accepting withdrawals in June 2023, were detained by the Seoul Prosecutors Office on February 6.

El Salvador’s Bitcoin experiment needs more than Bukele’s victory

b/crypto 9 months ago

Dreamy Lightning experiences are being offered by Ditobanx, Tiankii, IBEX, and Athena at well-known international businesses including Walmart, Starbucks, Re-Max, and Domino's.

Fed’s Powell says US on ‘unsustainable fiscal path’ as debt burden grows.

b/crypto 9 months ago

Before we make the crucial decision to start lowering interest rates, we simply need more assurance.

Judge rejects Ryder Ripps' counterclaims against Yuga Labs, orders $9M payout

b/crypto 9 months ago

Both the smart contract and all social media profiles connected to the RR/BAYC NFTs must be turned over by Ripps and Cohen.

Crypto teacher loses students' $1.2M investment in fake hedge fund

b/crypto 9 months ago

According to the lawsuit, Sewell, who lived in Hurricane, Utah, before moving to Puerto Rico, allegedly received about $1.2 million from 15 students, but he never started the fund or carried out th...

Bitcoin approaches 150 days in a $5K BTC price trading range

b/crypto 9 months ago

For 146 days, the price of bitcoin has fluctuated between $40,000 and $44,999. Its previous stay in the $35,000 to $39,999 zone, which lasted for almost 138 days, has just been surpassed by this le...

Why is Bitcoin price down today?

b/crypto 9 months ago

The recent Federal Reserve rate decision was made at the same time as the price decrease of bitcoin.

SEC asks to toss Debt Box suit after court threatens sanctions

b/crypto 9 months ago

Sanctions are neither appropriate nor necessary to address the difficulties raised by the Commission, even though it acknowledges that its solicitors ought to have been more forthright with the Court.

Binance Pours Cold Water on NFT Game That Pulled In $115 Million for Its Mint

b/crypto 9 months ago

Binance Labs has funded hundreds of startups in the last few years. As an investment company, we constantly try our hardest to provide support for the ventures we fund.

Solana hands over hackathons, accelerator program to Colosseum

b/crypto 9 months ago

In addition to receiving continuous development support, teams taking part in the accelerator programme will gain access to mentorship, instructional materials, and the Solana ecosystem's client base.

Bitcoin ETF ads may appear on Google starting Monday, community speculates

b/crypto 9 months ago

Financial instruments that let investors swap their interests in trusts that manage substantial amounts of virtual currency.

Bitcoin ETFs are wrapped in ‘thin layer’ of indirect regulations — CFTC chair

b/crypto 9 months ago

Nothing solid is still in place to combat the erratic and opaque practices in the digital asset cash markets.

US govt’s planned $118M Bitcoin sale is ‘peanuts’ compared to GBTC

b/crypto 9 months ago

Since switching to an exchange-traded fund for spot Bitcoin in January, the GBTC has sold 106,575 BTC for a total of $4.2 billion, this has not been so easy as then.

Analyst van de Poppe Shares Bitcoin and Ethereum Expectations! "In the Next Week or Two…"

b/crypto 10 months ago

Successful analyst Michael van de Poppe is currently among those who believe that the Bitcoin downturn is coming to an end.

Ethereum Price Plunge To $2K Imminent as Key Support Line Crumbles

b/crypto 10 months ago

Ethereum may begin another downturn if it is unable to overcome the $2,440 barrier. Initial downside support is located close to the $2,200 mark.

Bitcoin Expected To Mirror Historical Trends: Glassnode Sets $120K Price Prediction For 2024

b/crypto 10 months ago

History might repeat it self in this case, all we just have to do is to be vigilant and watch full of what is happening around the market .

Shiba Inu Team Pushes for SHIB Integration in X Payments

b/crypto 10 months ago

While there is no official statement regarding whether X Payments will support cryptos, Shiba Inu community members have embarked on an initiative to push for SHIB’s integration into the upcoming s...

US Bankruptcies Hit 13-Year High As ‘Bond King’ Jeffrey Gundlach Predicts Massive Recession Incoming

b/crypto 10 months ago

Based on his expectation that the economy will begin a phase of recession, Jeffrey Gundlach forecasts that 2024 will be a gloomy year for the markets.

Crypto exchange Debiex faces romance scam allegations, CFTC claims $2.3M in losses

b/crypto 10 months ago

According to the CFTC's complaint, Debiex's unnamed officers and/or managers approached prospective clients in an attempt to build a friendly or romantic relationship by telling them lies to win th...

Spot Bitcoin ETFs scoop up another 10,600 BTC on day 5

b/crypto 10 months ago

Additionally, the data reveals that since their inception, nine ETFs (excluding Grayscale) have acquired nearly 68,500 BTC, which is today valued at approximately $2.8 billion.

Bitwise's spot Bitcoin ETF among 5% of largest ETFs launched in 2023

b/crypto 10 months ago

In the meantime, data provided by James Seyffart, an analyst at Bloomberg Intelligence, revealed that during the previous three days, the total trading volume across the new spot Bitcoin ETF produc...

Bitcoin miner Core Scientific to exit bankruptcy, relist shares in ‘coming days’

b/crypto 10 months ago

From my observation, why is core not taking the big move earlier while waiting for this moment in declaring bankruptcy in December 2022, this could happen in the price of Bitcoin and hash costs had...

Vivek Ramaswamy drops out of 2024 US presidential race

b/crypto 10 months ago

which pledged to shield cryptocurrency developers from accountability for the deeds of those who utilise their code I really can’t understand where they are going?

BlackRock drops ‘boomer’ Bitcoin ETF ad as marketing blitz ramps up

b/crypto 10 months ago

Folks, this is how you sell to wealthy baby boomers. Everything about it says, "It's ok now that the adults are here," including the suave demeanour, the simple to grasp inv case, the gentle new ag...

Wall Street’s Bitcoin infiltration sparks frustration

b/crypto 10 months ago

This assimilation into the mainstream financial system highlights an increasingly prevalent trend: the evolution of Bitcoin from a financial disobedience tool to a speculative asset supported by th...