Tag: News

Tigran Gambaryan, a Binance executive who had been detained since February, has been officially cleared of all charges by the Nigerian government. The Economic and Financial Crimes Commission (EFCC) requested the withdrawal of the case at the Federal High Court in Abuja during a court session on October 23,...

El Salvador president Nayib Bukele donated Bitcoin (CRYPTO: BTC) to well-known philanthropist Shin Fujiyama to help raise funds to build schools in the Central American nation of Honduras. What Happened: On Wednesday, Stacy Herbert, Director of El Salvaodor’s National Bitcoin Office, shared that President Bukele personally donated 2 BTCs...

Leading cryptocurrencies joined stocks in a broader sell-off on Wednesday as the market lost momentum seen at the beginning of the week. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. EDT) Bitcoin (CRYPTO: BTC) -1.54% $66,584.09 Ethereum (CRYPTO: ETH)                -4.50% $2,515.92 Dogecoin (CRYPTO: DOGE)           -1.84% $0.1384 What Happened: Bitcoin...

After years of refinement, Ethereum, the world’s largest smart contracts platform, is scaling. However, it does not scale in the way most decentralization purists desire. The network, trying to accommodate all its users, now relies mainly on off-chain solutions using roll-up techniques to process more transactions and relieve the...

Electric vehicle juggernaut Tesla Inc. (NASDAQ:TSLA) revealed none of its Bitcoin (CRYPTO: BTC) holdings were sold in the third quarter, extending its HODLing period for the fifth successive quarter. What happened: Tesla’s balance sheet denoted $184 million in digital assets, as per the company’s earnings report released Wednesday after...

Following the Federal Reserve’s decision to cut interest rates in September, Bitcoin has been volatile yet predominantly bullish. Analysts and investors are now waiting patiently for the next leg up, as BTC recently stopped at the $69,400 mark and is finding strong support around $66,000. This level is key,...

The remarks made by a popular executive from a Bitcoin development company, advocating for large financial institutions to take custody of Bitcoin, disappointed the cryptocurrency community. MicroStrategy CEO Michael Saylor is now at the center of strong criticisms after saying that it would be better for Bitcoin to be...

Jeff Park, Head of Alpha Strategies at Bitwise, has projected that Bitcoin (CRYPTO: BTC) could skyrocket to $92,000 in the event of a Donald Trump election victory. What Happened: In a post on X on Tuesday, Park used a merger arbitrage-style probability model, tying Bitcoin’s price fluctuations to Trump’s...

As a response to the latest anti-Bitcoin paper by the European Central Bank (ECB), a new academic paper titled “Challenging Bias in the ECB’s Bitcoin Analysis” has been published. Authored by Murray A. Rudd, along with co-authors Allen Farrington, Freddie New, and Dennis Porter, the paper offers a comprehensive...

Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors....