Finance News – Cryptocurrency
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Bitcoin realized cap hits $906B, hints at new all-time high despite today’s pullback
Bitcoin’s realized capitalization surpassing $900 billion indicates increased investor commitment, reflecting a more accurate valuation based on historical transaction prices rathe...
Read Full Article →JPMorgan’s Dimon says he will allow clients to buy Bitcoin
JPMorgan’s decision to permit client purchases of Bitcoin marks a notable shift that could influence market dynamics and broaden institutional involvement in the cryptocurrency sec...
Read Full Article →JPMorgan to support Bitcoin buying despite Jamie Dimon’s ongoing skepticism
JPMorgan is preparing to provide its clients with access to Bitcoin trading, reflecting a strategic adjustment that responds to increasing customer interest despite executive reser...
Read Full Article →Ripple launches cross-border blockchain payments in UAE
Ripple’s introduction of blockchain-based international payment solutions in the UAE aims to reduce transaction costs and settlement times, potentially enhancing efficiency in one...
Read Full Article →Does Cloud Mining Really Pay? HashFly Makes It Possible with Cutting-Edge Mining Solutions
Emerging technologies in remote cryptocurrency processing offer investors potential avenues for revenue generation through efficient resource utilization and reduced operational co...
Read Full Article →XRP futures debut on CME as Garlinghouse hails key ‘milestone’
The introduction of regulated XRP futures by CME Group represents a notable development in cryptocurrency markets, potentially enhancing trading options and increasing institutiona...
Read Full Article →Chinese printer maker spread Bitcoin stealing malware — Report
The incident resulted in financial losses exceeding $950,000 as cybercriminals exploited compromised software to redirect cryptocurrency transactions from unsuspecting users worldw...
Read Full Article →Strategy and Metaplanet add over 23k BTC in 2 weeks while Strategy faces potential lawfare
Over the past two weeks, two major corporate investors have collectively increased their Bitcoin holdings by more than 23,000 units, investing close to $870 million amidst emerging...
Read Full Article →Bitcoin Taps $106,000 Before Tumbling as Ethereum Dips
Bitcoin briefly reached a notable peak exceeding $100,000, reflecting heightened market activity, before experiencing a rapid decline alongside Ethereum's downward movement, signal...
Read Full Article →Strategy adds 7,390 BTC for $765M, gets hit with class-action lawsuit
The recent acquisition of 7,390 bitcoins for nearly $765 million significantly increased the company’s digital asset holdings amid ongoing legal challenges concerning its public di...
Read Full Article →Revolut eyes French license and $1.1B expansion amid EU growth
Revolut’s planned investment in France and pursuit of local regulatory approval aim to strengthen its market presence, support workforce growth, and enhance service offerings withi...
Read Full Article →Australian federal police seizes $4.5M in assets tied to 2013 crypto theft
Authorities in Australia have recovered assets valued over $4.5 million connected to a high-profile cryptocurrency theft that occurred in 2013, reflecting ongoing efforts to reclai...
Read Full Article →Can AI finally kill Bitcoin? The collision of two digital titans
The rising concerns over cryptocurrency’s environmental impact may influence its future value and adoption as alternative technologies emerge with potentially lower ecological cost...
Read Full Article →Crypto drainers as a service: What you need to know
Crypto drainers-as-a-service enable criminals with limited technical skills to carry out automated cryptocurrency theft by providing ready-made malicious tools, significantly incre...
Read Full Article →Russia-focused darknet crypto sales jump 68% as global revenue falls: Chainalysis
Despite an overall decline in worldwide cryptocurrency transactions on darknet platforms, digital asset trading associated with Russian markets experienced a substantial increase,...
Read Full Article →Coinbase sued in Illinois over biometric data practices tied to KYC checks
The lawsuit against Coinbase could result in substantial legal expenses and potential compensation payouts, impacting the company's financial stability and investor confidence amid...
Read Full Article →Arthur Hayes: Bitcoin must break through 110K for altseason to begin, Ethereum to outperform Solana
According to Arthur Hayes, significant increases in Bitcoin’s value are essential to trigger a period where alternative cryptocurrencies gain substantial market momentum.
Read Full Article →Bitcoin notches record weekly close after highest-ever daily close candle
Bitcoin’s recent sustained weekly gains and record daily closing prices indicate growing investor confidence and suggest potential for continued upward momentum in the cryptocurren...
Read Full Article →Tornado Cash dev's attorneys say prosecutors hid exculpatory evidence
The outcome of this case could significantly impact the regulatory landscape for cryptocurrency services, potentially influencing investor confidence and the future enforcement of...
Read Full Article →XRP News: XenDex Currently In Its last Presale Phase As Users Expect Its First DEX Launch And Exchan...
XenDex’s final presale phase highlights growing investor interest ahead of its anticipated decentralized exchange launch and potential listing, reflecting increased market momentum...
Read Full Article →Retired artist loses $2M in crypto to Coinbase impersonator
The loss of more than $2 million in cryptocurrency highlights the risks investors face from sophisticated social engineering attacks targeting digital asset security and personal i...
Read Full Article →UK to require crypto firms to report every customer transaction
The upcoming requirement for crypto firms to report detailed customer transaction data aims to enhance tax compliance and transparency, potentially increasing regulatory costs and...
Read Full Article →Creator of over 100 memecoins says rug pulls are the ‘easiest way to make money’
Sahil Arora, a Dubai-based developer, revealed that executing deceptive cryptocurrency schemes has generated him substantial financial gains within the memecoin market, highlightin...
Read Full Article →Bitcoin to $120,000? Here's What Must Happen First, per Analyst
An analyst suggests that for Bitcoin to reach a valuation of $120,000, specific market conditions and investor behaviors need to align in the coming months.
Read Full Article →Everstake defends non-custodial staking as SEC weighs industry input
With over $193 billion currently staked on major proof-of-stake networks, regulatory clarity on non-custodial staking could significantly impact institutional participation and inn...
Read Full Article →New Zealand man arrested in $265M crypto scam tied to FBI probe
Authorities have disrupted a major cryptocurrency fraud scheme involving international cooperation, with suspects allegedly laundering millions through high-value purchases and fac...
Read Full Article →Sequoia Capital exec also a victim in Coinbase data breach — Report
The recent cyberattack on a major cryptocurrency platform resulted in significant financial repercussions, including stock declines and potential multimillion-dollar costs for cust...
Read Full Article →Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices
Basel Medical Group aims to enhance its financial stability and support growth in Asia by investing $1 billion in Bitcoin, collaborating with institutional investors and affluent c...
Read Full Article →SEC hacker sentenced to 14 months in prison
The sentencing highlights the financial impact of cybercrimes targeting regulatory agencies, resulting in unauthorized profits and undermining trust in market oversight and investo...
Read Full Article →CFTC commissioner to leave agency on May 31
The upcoming vacancies at the CFTC may shift the agency's leadership balance, potentially influencing its regulatory approach amid evolving legislative efforts surrounding digital...
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