Tag: Bitcoin
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CoinEx to Compensate Customers with Stolen $70 Million in Crypto
CoinEx, a cryptocurrency exchange that recently fell victim to a suspected $70 million theft by North Korean hackers, has made a groundbreaking announcement. The exchange has vowed to fully compensate…
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Mt. Gox Rehabilitation Trustee Extends Repayment Deadline to October 2024
In a significant development for the cryptocurrency world, the Mt. Gox Rehabilitation Trustee has announced a one-year extension for the Base Repayment, Early Lump-Sum Repayment, and Intermediate Repayment deadlines. Originally…
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JPMorgan Forecasts SEC Approval of Spot Bitcoin ETFs After Grayscale’s Legal Victory
JPMorgan making a bold prediction regarding the future of spot Bitcoin ETFs. The financial giant suggests that the U.S. Securities and Exchange Commission (SEC) may be compelled to approve spot…
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Twitter, Now Licensed to Facilitate Bitcoin and Digital Asset Transactions
In a groundbreaking announcement, X, the social media giant formerly known as Twitter, has obtained a license that enables it to securely store, transfer, and exchange Bitcoin and various digital…
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Cryptocurrency Prices Surge as Greyscale Wins
Bitcoin Records Impressive 6% Gain and Short-Term Options IVs Spike After Greyscale’s Legal Win The world of cryptocurrencies is once again in the spotlight as prices across the market experienced…
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Cathy Wood Bullish on Bitcoin: Predicts $1.5 Million Price
Bitcoin continues to be a dominant force, captivating the interest of investors, enthusiasts, and skeptics alike. The latest person to join the ranks of the Bitcoin bulls is none other…
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BlackRock CEO Predicts Crypto Will Surpass International Currencies
In a bold statement that has sent shockwaves through the financial world, the CEO of BlackRock, the world’s largest asset manager, has predicted that cryptocurrencies will transcend international currencies due…
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Vanguard Group Acquires 10.24% Stake in Riot Platforms Bitcoin Mining
In a significant move that showcases the growing interest in cryptocurrencies and blockchain technology, the Vanguard Group, one of the world’s largest investment management companies, has recently purchased a 10.24%…
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Voyager Witnesses Net Outflow of $250 Million as Withdrawals Resume
Voyager, a popular cryptocurrency platform, recently reopened withdrawals on June 23, which led to a significant net outflow of $250 million worth of crypto assets. Despite the outflow, the platform…
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Bitcoin’s Hashrate Reaches New Heights, Price Surges by 14% in 30 Days
Bitcoin’s network hashrate has soared to unprecedented levels, reaching an average of 401 EH/s over the past seven days and an average of 445 EH/s in just three days, according…
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According to Matrixport, Bitcoin could reach $125,000 by the end of 2024
Bitcoin, the world’s most well-known cryptocurrency, has been a subject of intense speculation and price volatility since its inception. With its value constantly fluctuating, investors and analysts are always on…
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Bitcoin Halving Expected to Double Production Cost, Increasing Pressure on Miners
The anticipated 2024 Bitcoin halving is predicted to have a profound impact on the production cost of Bitcoin, potentially doubling it to approximately $40,000. This change is expected to put…
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BlackRock Bitcoin ETF Announcement Sparks Surge in US Bitcoin Supply Holdings
In a significant development for the cryptocurrency market, Glassnode reported the announcement of BlackRock’s request for a Bitcoin Exchange-Traded Fund (ETF) on June 15th has triggered a notable surge in…
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BlackRock CEO Larryink Designates Bitcoin as an ‘International Asset’
In a dramatic shift from his previous stance, Larry Fink, CEO of BlackRock, recently sang a bullish tune concerning Bitcoin and has given it the label of an “international asset.”…
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Bitcoin Exchange Balances Hit Lowest Level since March 2018
Glassnode reported a significant decline in the number of Bitcoin held on cryptocurrency exchanges. The exchange balance has reached its lowest level since March 2018, with only 2.26 million BTC…
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Leading Bitcoin ATM Firm Set to Go Public on Nasdaq Today
Bitcoin Depot, the leading provider of Bitcoin ATMs worldwide, has embarked on a significant endeavor to revolutionize the accessibility of cryptocurrencies. Through a successful $885 million SPAC agreement with GSRM,…
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Bitcoin Dominates First Half of 2023, Outperforming Global Assets with an 83.8% Surge
Bitcoin, the leading cryptocurrency, has emerged as the clear winner in the global financial landscape for the first half of 2023. With a remarkable surge of 83.8%, Bitcoin has outpaced…
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Poly Network Suffers Temporary Service Suspension Following Recent Attack
Poly Network, a popular cross-chain protocol, temporarily suspended its services due to a major security breach. The incident has prompted the team behind Poly Network to collaborate with relevant parties…
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UK: Crypto and Bitcoin Recognised as Regulated Financial Activities
In an unprecedented legislative move, the United Kingdom has passed a bill acknowledging Bitcoin and other cryptocurrencies as regulated financial activities. This leap forward sends waves through the digital currency landscape and has…
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Fidelity the $4.2 Trillion Behemoth submit for Bitcoin ETF, Signals a Bitcoin Breakthrough
Notorious asset management giant, Fidelity Investments, whose assets under management climb to an astronomical $4.2 trillion, has made a pioneering move in the realm of digital currency. The enterprise has officially…
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Bitmain’s Strategic Move Amid Bitcoin Mining Industry Shake-Up
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CoinEx to Compensate Customers with Stolen $70 Million in Crypto
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Optimism’s Token Sale Locks in $162 Million
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Tether Resumes Lending Operations to Bolster Liquidity for Long-Term Clients
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Korean Traders Spark IMX Surge Amidst Allegations of Market Manipulation
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