Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States Securities and Exchange Commission. In other news, a solo bitcoin miner has snagged a block reward with just 0.0004% of the…
Trust Wallet and Alchemy Pay Partner for Seamless Crypto Ramp Solutions – Press release Bitcoin News
December 4, 2023
PRESS RELEASE. Alchemy Pay, the leading fiat-crypto payment solution provider, has announced a new partnership with Trust Wallet, the leading self-custody and mutichain wallet with over 70 million users, enabling users to easily buy and sell crypto with multiple fiat…
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi's Booming Staking Sector – Defi Bitcoin News
December 4, 2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the…
Digital Assets Worth $343M Stolen From Crypto Exchange Platforms in November — Study – Security Bitcoin News
December 4, 2023
Digital assets worth just over $343 million were stolen from digital asset platforms in November alone. Centralized exchanges accounted for 53.8% of the total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks on BNB Chain and Ethereum represented 83% of the total losses across targeted chains.
Highest Monthly Loss to Date
“In November, digital assets…
Report: Spanish Police Arrest Man Accused of Conspiring With Jailed Ethereum Developer to Evade US Sanctions – Bitcoin News
December 4, 2023
Spanish law enforcement said on Dec. 1 it arrested a man accused by the U.S. of conspiring with Ethereum developer Virgil Griffith to help North Korea evade sanctions. A Spanish judge released the man who has since denied the allegations.
Cao de Benos Released Without…
Latam Insights: Colombian President Meets Blockchain Experts, Brazil Passes 15% Tax for Foreign Crypto Investments – Bitcoin News
December 4, 2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Colombian president met with a group of blockchain proponents, the Brazilian Senate passed a law taxing investments in foreign…
Circle Partners With SBI Holdings to Launch USDC in Japan
November 30, 2023
Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the local use of stablecoins in the Web3 industry.
Circle Partners With SBI Holdings to Promote USDC in Japan
Circle, a U.S.-based payment services provider…
'Stagnant' BTC Price and Rate Hikes Drove Down Crypto Miner Canaan Inc's Revenues in Q3 – Finance Bitcoin News
November 30, 2023
Canaan Inc, the crypto miner and mining rig producer, said the company’s overall revenue in Q3 stood at $33.3 million or some $40 million lower than the Q2 revenue. According to the company’s CEO, stagnant bitcoin prices and rate hikes by the U.S. Federal Reserve were…
Bitcoin Technical Analysis: BTC Bulls Attempt to Break Upper Resistance – Markets and Prices Bitcoin News
November 30, 2023
The price of bitcoin is hovering just above the $38K range after a bullish trading day on Tuesday following U.S. Federal Reserve Governor Chris Waller’s dovish speech. Bitcoin’s 24-hour range has been between $37,156 to $38,450 and it currently has a market…
AI-Focused Cryptocurrency Sector Expands by $2 Billion in Less Than 2 Weeks – Market Updates Bitcoin News
November 30, 2023
Recent market data reveals a significant surge in the AI-focused cryptocurrency sector, with its value ballooning by nearly $2 billion in just under two weeks. A major contributor to this growth is the token bittensor (TAO), which soared 86.5% in the last fortnight.
AI Crypto Economy Rebounds Strongly
In the AI-oriented crypto landscape, the past month has been marked by impressive growth. The top…
