Bitcoin.com, a leading figure in the world of cryptocurrency and blockchain technology, is thrilled to announce a significant enhancement to the utility of its ecosystem token, VERSE. In a groundbreaking collaboration, VERSE has now been integrated with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. This integration heralds a new era of […]
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Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale
On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the proceeds and excess cash. Microstrategy Now Holds 214,246 Bitcoin After Microstrategy announced its convertible note sale, the […]
Read MoreBitcoin Falls to Sub-$63K as Market Awaits Federal Reserve’s Next Move
On Tuesday, the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week. This downturn led to the liquidation of a substantial number of bitcoin long positions, with more than $180 million […]
Read MoreCrypto Entities That Neglect AI and Machine Learning Investment Will Lag Behind, Warns Binance CTO
Rohit Wad, the chief technology officer (CTO) of Binance said his platform has increased its compliance budget in recent years to ensure it achieves the “highest regulatory compliance standard.” According to Wad, Binance has used a compliance budget, which rose 35% year over year to $213 million, to invest in transaction monitoring, market surveillance, and […]
Read MoreHong Kong Launches Second Phase of Its CBDC Pilot Program
The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the currency, including programmability and tokenization, and adding new, not previously explored use cases. Hong Kong […]
Read MoreGrayscale Investments Submits Revised Application for Spot Ethereum ETF
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments, a digital asset management firm, recently submitted an amended Form 19b-4 filing […]
Read MoreFlash Crash on Bitmex Sends Bitcoin Tumbling to $8,900
Bitcoin’s price on Bitmex plummeted to $8,900 in a flash crash late Monday, diverging significantly from the global average price of around $67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which involved over 850 BTC being sold, causing the dramatic price drop while other exchanges showed prices well […]
Read MoreStandard Chartered Raises Bitcoin Target: BTC Could Hit $150K This Year, $250K Next Year
Standard Chartered has raised its bitcoin forecast, predicting that the cryptocurrency’s price could reach $250,000 next year and $150,000 this year. The bank also adjusted its ether forecast as it anticipates the approval of a spot ether exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) in May. Standard Chartered’s Revised Bitcoin Price […]
Read MoreCoinme Adds 9,700+ Coinstar Bitcoin ATM Locations to Bitcoin.com as New Featured Partner
PRESS RELEASE. Coinme, a leading cryptocurrency cash exchange in the U.S., announced today the addition of over 9,700 physical Bitcoin ATM locations to the Bitcoin.com site and map finder. Coinme powers thousands of Coinstar Bitcoin ATMs across the country, where customers can turn cash into crypto in mere minutes. “We’re excited to now be discoverable […]
Read MoreReal-World Assets Platform Gluwa Considers Developing Liberia’s CBDC
The real-world assets platform, Gluwa, is exploring the potential to assist in the development and launch of Liberia’s central bank digital currency. To increase the likelihood of the digital currency’s success, Gluwa is also considering the launch of a satellite-based internet service. Making the Digital Currency Compatible with Liberia’s Mobile Money System Gluwa, a real-world […]
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