Blockstream CEO and Hashcash inventor Adam Back has come to the defense of BlackRock after the company's recent Bitcoin ad triggered an outrage across the crypto community. It featured a small but explosive disclaimer: “There is no guarantee that Bitcoin's 21 million supply cap will not be changed.
Metaplanet, a Tokyo Stock Exchange-listed company, has issued ¥5 billion ($31.8 million) in zero-interest bonds to fund its Bitcoin acquisition strategy.
The program is set to be presented to the IMF Board for approval by early February, provided the prior actions are fulfilled as agreed.
Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses.
Craig Wright, the Australian computer scientist who falsely claimed to be Bitcoin's creator, Satoshi Nakamoto, has been sentenced to 12 months in jail, suspended for two years.
BlackRock's advert has since received a backlash from crypto holders due to a disclaimer that questions cryptocurrency's fixed supply.
Hyperliquid, a decentralized layer-1 blockchain specializing in trading, is set to list Solv Protocol's native token, SOLV.
MARA and Hut 8, two major publicly traded Bitcoin mining firms, announced significant Bitcoin acquisitions on Dec. 19, 2024.
BlackRock Bitcoin ad included a controversial disclaimer suggesting that the 21 million BTC supply cap might be changed.
Ethereum (ETH), one of the most dominant cryptocurrencies, has experienced significant volatility over the years but remains a major player in the blockchain space. As we move toward 2024, Ethereum's future outlook is both promising and complex, shaped by ongoing network upgrades, increasing institutional adoption, and its integral role in the decentralized finance (DeFi) ecosystem.
XRP price remained stable above the $2.20 support zone. The price is consolidating and might aim for a fresh increase above the $2.40 resistance.
Ripple's XRP has drifted to the red zone and is currently down by more than 2 percent. XRP has been trading within a range of approximately $2.20 to $2.70 over the past few days, showing limited movement on the larger time frames.
Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the company's total reserves to over 10,096 BTC, valued at more than $1 billion at current market prices.
Bitcoin [BTC] remains bullish and could surpass $200,000 in the near future as the coin is mirroring a previous pattern on charts.
Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval.
The SEC is preparing for a possible government shutdown, focusing on essential functions like market integrity and investor protection. Its EDGAR database will still be available, but some non-essential operations will be paused.
El Salvador continues to accumulate Bitcoin, with 6,203 Bitcoins currently valued at $554 million.
As the cryptocurrency market faces a significant price correction—led by Bitcoin (BTC) and Ethereum (ETH), which have retraced 2.2% and 4.6% respectively—the XRP price shows early signs of a potential explosive surge. Currently trading at $2.21, the XRP price has recorded a nearly 5% gain in the past 24 hours, finding strong support just below its current price.
The SEC just made history in the crypto world by approving two first-of-their-kind ETFs: the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These aren't your typical crypto investments.
Ethereum price extended losses and dropped below the $3,680 zone. ETH is down over 7% and is showing bearish signs below the $3,550 level.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has hit a surprising low—not in price but in investor sentiment. According to analysts, the current mood around Ethereum has dipped to its most negative levels in over a year, reflecting widespread uncertainty in the market.
SEC faces pressure to clarify Hinman speech's status amid Ripple appeal. Learn how this impacts crypto regulations and XRP sentiment.
Bitcoin price extended losses and traded below the $100,000 zone. BTC is struggling and might continue to move down toward the $92,000 support zone.
In this bleeding cryptocurrency market, XRP, the native token of Ripple Labs, seems to have controlled itself from a major price decline as it holds crucial support. For XRP, the support at $2.20 plays an important role.
The Human Rights Foundation (HRF) has, in a recent press release, announced that it will be granting a grant total of 7 BTC to 20 different projects around the world. The funding is part of the orgainzation's most recent round of Bitcoin Development Fund grants.
Craig Wright received a one-year suspended prison sentence for breaching a court order after filing a $1.2 trillion lawsuit against Block.
The United States Securities and Exchange Commission (SEC) has approved dual cryptocurrency ETFs from Franklin Templeton and Hashdex. This marks a major step toward integrating Bitcoin and Ethereum into traditional financial markets through regulated investment products.
Jerome Powell, chair of the US Federal Reserve, recently dismissed speculations that the Fed may add Bitcoin to its reserves. At the end of the its two-day meeting, Powell stated that the Fed isn't allowed to own Bitcoin and doesn't desire to get involved in any government initiative to create a stockpile of digital assets.
Bitcoin's recent climb to an all-time high of $108,000 has captivated investors, driven by a combination of dwindling exchange reserves and growing demand. With institutional investors increasingly opting to hold their Bitcoin off exchanges, supply constraints are tightening, setting the stage for potentially even greater price milestones.
The SEC has approved combined Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton. This move expands combined institutional access to the two largest cryptocurrencies via spot-based investment vehicles.
Bitcoin's path to $200,000 in 2025 is fueled by ETFs, institutional demand, and macroeconomic shifts, with analysts warning of volatility amid transformative growth.
Bitcoin has experienced significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. Following the Federal Open Market Committee (FOMC) meeting and a speech by Federal Reserve Chair Jerome Powell, Bitcoin's price dropped sharply below $99,000.
A widely followed crypto trader is laying out one bullish scenario for Ethereum (ETH) that could send the top altcoin to five digits in 2025. In a new video update, Guy Turner, the host of CoinBureau, tells his 2.
El Salvador has successfully secured a $1.4 billion loan from the International Monetary Fund (IMF), finalizing a deal that had been under negotiation for four years. This loan agreement is part of a 40-month program designed to stabilize the country's economy and improve its fiscal health.
Bitcoin has always stood out in the financial world due to its hard-capped supply of 21 million coins. This finite limit is seen as the cornerstone of its value, offering a sharp contrast to traditional currencies that can be printed at will.
With a recent 9% decline, Shiba Inu broke through the crucial 50 EMA level and made contact with the 100 EMA, another important support level. The asset is in a risky position going forward as a result of this loss of support, which emphasizes how flimsy SHIB's recent rally was.
Bitcoin's recent price correction has sparked debates among analysts and investors about its potential trajectory. After briefly retesting $99,000, Bitcoin's price momentum has slowed, raising questions about whether this signals the start of a larger sell-off or a temporary pause in its uptrend.
El Salvador has sealed a $1.4 billion loan deal with the IMF, but it came at a cost. The country is now scaling back its Bitcoin-friendly policies, marking a major shift in its crypto strategy.
Despite new IMF loan restrictions, El Salvador reaffirms its commitment to Bitcoin, announcing plans to accelerate acquisitions while maintaining educational and development initiatives.
Bitcoin has observed a plunge during the past day. Here's the nearest on-chain level that the asset would end up retesting if the drawdown elongates.
XRP has recently captured the attention of the cryptocurrency market with a notable surge, reaching above $2.7 briefly after a strong 9% increase. Despite facing a brief rejection at this level, the digital asset has continued to exhibit solid bullish momentum, prompting analysts to forecast further price movement upward.
SEC approves Hashdex and Franklin Templeton dual Bitcoin ETF, expanding institutional access amid market volatility. The post SEC approves Hashdex and Franklin Templeton dual Bitcoin-Ethereum ETFs appeared first on Crypto Briefing.
The world's largest asset manager BlackRock released a video promoting Bitcoin. But hodlers aren't happy about a disclaimer that questions the cryptocurrency's fixed supply.
MARA Holdings has strengthened its position as a Bitcoin holder by acquiring 15,574 Bitcoin at an average price of $98,529 per coin.
Bitcoin's surge past the $100,000 mark has brought excitement and scrutiny to the cryptocurrency market. Recent on-chain data highlights a divide among investors: some are cashing out, while others are holding firm, anticipating even greater gains.
A certified Chartered Market Technician (CMT) analyst recently shared a chart discussing the XRP price potential for a bullish surge. Basing his projections on key technical indicators, the analyst believes that the XRP price rally still has a long way to go before it reaches overbought levels.
A man who claims to be the creator of Bitcoin (BTC) has been declared in contempt of court in the UK. Australian computer scientist Craig Wright has been handed a one-year sentence, suspended for two years, for filing a $1.2 trillion lawsuit against the payments firm Block.
Lombard Finance aims to produce a yield-bearing bitcoin token, and potentially unleash a new wave of liquidity into the DeFi ecosystem.