Bitcoin Rallies To 7-Month High As Cautious Markets Eye US Election
Bitcoin was close to $73,000 on Wednesday, almost breaking its all time high just a week before the U.S. elections.
XingChiBitcoin was close to $73,000 on Wednesday, almost breaking its all time high just a week before the U.S. elections.
XingChiIndia has recently announced that the country is considering banning cryptocurrencies like Bitcoin and Ether in favor of its Central Bank Digital Currency (CBDC).
XingChiHong Kong authorities are investigating a cryptocurrency scam in which a 26-year-old woman reported losing approximately HK$93,000 ($12,000) in tether (USDT) at an exchange shop in Mong Kok.
XingChiTether is biting back on The Wall Street Journal for speculating that the company is under investigation by the U.S federal government.
XingChiMicrosoft has made a firm stance to say NO to Bitcoin, stating that this aligns better with the company's long term interest.
XingChiU.S. spot Bitcoin ETFs are nearing a milestone of one million BTC in holdings, driven by strong inflows and growing institutional demand. As Bitcoin's price rises, analysts warn that supply constraints could push prices even higher.
WeatherlyIn December, Microsoft shareholders will vote on investing in Bitcoin. Despite growing interest, the board advises against it, pointing to their current strategy of evaluating diverse investments, including Bitcoin. Will shareholders heed the board’s caution or opt for crypto?
KikyoOver $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.
JoyEl Salvador's President Nayib Bukele donated two Bitcoins, worth about $134,000, to help build 1,000 schools in Honduras, a country facing poverty and educational challenges. The donation was received by philanthropist Shin Fujiyama, who co-founded Students Helping Honduras and is currently running a charity run in El Salvador to raise funds for the initiative.
WeatherlyTesla recently transferred its entire Bitcoin stash of 11,509 BTC to new wallets, sparking speculation about a possible sell-off. However, blockchain analysts believe these movements are just wallet rotations, indicating that Tesla still owns the Bitcoin and may be preparing for future strategic moves.
AnaisThe recent plunge in Bitcoin has piqued investor interest, with many considering the significant volatility of this digital token as a harbinger of broader changes in global market risk appetites. Charlie Morris, Chief Investment Officer at ByteTree Asset Management, wrote in a report, "Bitcoin is our favorite canary. It serves as a warning of potential future troubles in financial markets, yet we remain confident that it will rebound at some point."
MiyukiChinese police arrest an identity forger involved in StarkNet cryptocurrency airdrop, who illegally obtained tokens and then converted them into USDT stablecoins.
WeiliangGary Gensler's ambiguous position on Ethereum raises questions about the SEC's regulatory approach.
KikyoIndian Enforcement Directorate confiscated $30M from E-Nuggets scam, involving arrests and seizing assets through blockchain tracing across major crypto exchanges.
AlexIndian authorities crack down on cryptocurrency fraud schemes like HPZ Token and E-Nugget, seizing assets and sending a strong message against illegal activities. Despite concerns, young Indian investors drive crypto market growth, but regulatory clarity is essential for mainstream adoption.
AnaisMicrosoft commits $2.2 billion to boost Malaysia's AI and cloud infrastructure, partnering with the government to enhance cybersecurity and foster local AI development.
MiyukiThe son-in-law of well-known Taiwanese singer Yu Tian has been arrested and detained, reportedly having strong ties to a certain exchange and suspected of cryptocurrency money laundering.
AlexChinese official media, based on court decisions, indicates that cryptocurrency transactions are legally invalid, and losses are borne by the individual.
MiyukiMichael Saylor predicts SEC will label Ethereum as a security, impacting ETF applications and other major cryptocurrencies’ classification and market acceptance.
WeiliangRyan Salame, ex-co-CEO of FTX, agrees to forfeit a $5.9 million Bahamas property to settle criminal charges, as part of a plea deal.
Alex