News

US Sanctions BitBank Crypto Platform for IRGC Bitcoin Transfers

The US Department of the Treasury has sanctioned the Iranian cryptocurrency exchange BitBank and financier Babak Zanjani for facilitating Bitcoin transfers to bypass economic restrictions.

Grayscale Says Rate Hikes Unlikely to Impact Bitcoin Price

Grayscale research suggests that the Federal Reserve's recent interest rate hike will likely have little impact on the price of bitcoin, viewing the move as a mid-cycle adjustment rather than a cyclical change.

Crypto Analyst Predicts Bitcoin ETFs Will Eclipse Gold Funds

A Bloomberg senior ETF analyst predicts that Bitcoin exchange-traded funds will eventually surpass gold funds in asset size by three times as younger generations mature and adopt the digital asset.

TOKEN2049 Singapore Returns as the Largest Industry Gathering of the Year

25,000 attendees, 500 exhibitors, 300 speakers and 1,000 side...

SEC Approves Tokenized Stocks Despite Clarity Act Stall

The SEC has approved a five-year Innovation Exemption allowing platforms to facilitate tokenized stock trading on the blockchain, moving forward despite the failure of the Clarity Act in Congress.

Mexican Billionaire Ricardo Salinas Recommends Bitcoin To Fight Inflation

Mexican billionaire Ricardo Salinas warns against fiat inflation, calling it a hidden tax, and urges his followers to buy and hold bitcoin to protect their savings from government currency devaluation.

Cornell Index Shows Bitcoin Rises When Banks Fail

A recent Cornell University Bitcoin Adoption Index report reveals that Bitcoin usage surges in countries with unstable currencies and failing banks, such as El Salvador, Venezuela, and Nigeria, serving as a practical financial workaround.

Capital B Secures €7.6M From Adam Back for New Bitcoin Purchase

Capital B has secured €7.6 million from Blockstream CEO Adam Back to purchase additional bitcoin, aiming to strengthen its corporate treasury and increase long-term reserve assets.

Strategy Chief Stands By Bitcoin Sale as Correct Move

Strategy CEO Phong Le defended the company's recent digital asset sales as the right trade to build cash reserves and strengthen its balance sheet, as the largest corporate holder of bitcoin resumes purchases.

Bitcoin Defies Seasonal Slump With Third-Best August on Record

Bitcoin defied traditional summer slumps by recording its third-best August in history, generating 25% in returns driven by shifting U.S. Treasury policies, ETF inflows, and regulatory developments.

BlackRock Bitcoin ETF Surpasses Top S&P 500 Fund

BlackRock's iShares Bitcoin Trust has surpassed Vanguard's S&P 500 fund in total returns since launching in January 2024, climbing 71 percent despite experiencing significant market volatility.
spot_imgspot_img

Popular articles

US Sanctions BitBank Crypto Platform for IRGC Bitcoin Transfers

The US Department of the Treasury has sanctioned the Iranian cryptocurrency exchange BitBank and financier Babak Zanjani for facilitating Bitcoin transfers to bypass economic restrictions.

Grayscale Says Rate Hikes Unlikely to Impact Bitcoin Price

Grayscale research suggests that the Federal Reserve's recent interest rate hike will likely have little impact on the price of bitcoin, viewing the move as a mid-cycle adjustment rather than a cyclical change.

Crypto Analyst Predicts Bitcoin ETFs Will Eclipse Gold Funds

A Bloomberg senior ETF analyst predicts that Bitcoin exchange-traded funds will eventually surpass gold funds in asset size by three times as younger generations mature and adopt the digital asset.

TOKEN2049 Singapore Returns as the Largest Industry Gathering of the Year

25,000 attendees, 500 exhibitors, 300 speakers and 1,000 side...

SEC Approves Tokenized Stocks Despite Clarity Act Stall

The SEC has approved a five-year Innovation Exemption allowing platforms to facilitate tokenized stock trading on the blockchain, moving forward despite the failure of the Clarity Act in Congress.