A mysterious Bitcoin address is amassing BTC as the race to a new all-time high continues. According to data from Bitinfocharts, the whale’s wallet now holds over 54,164 BTC–worth around $3.2 billion. A “whale” is an investor who hoards large amounts of cryptocurrency. Because of the size of their Bitcoin holdings, a whale’s moves garner a lot of attention among…
Marathon Digital Holdings, one of the world’s largest public Bitcoin mining companies, has announced its work on Anduro, a multichain, layer two platform on top of Bitcoin. With Anduro, Marathon proposes the creation of several sidechains designed to expand Bitcoin’s standard functionality and attract activity previously directed to other chains. Marathon Announces Anduro to Expand […] Source: https://news.bitcoin.com/marathon-announces-anduro-layer-two-platform-to-advance-bitcoins-capabilities/
Illustration by Mitchell Preffer for Decrypt. Bitcoin to the moon? It certainly seems like it. The biggest and oldest cryptocurrency is closing in on its all-time high, the price of Bitcoin flying as high as $64,000 on Tuesday. It is $62,101 at time of writing—weekend trading being typically subdued—a more than respectable seven-day jump of more than 21%. Continued ETF…
Bayo Onanuga, a special adviser to the Nigerian president, has leveled accusations against Binance, blaming it for exacerbating the local currency’s depreciation against major currencies. Onanuga called for immediate action against Binance, warning that its activities could potentially undermine the economy. Binance, however, has refuted these allegations, attributing the naira’s depreciation to “complex factors” that […] Source: https://news.bitcoin.com/nigerian-presidential-adviser-assails-binance-calls-for-measures-against-the-crypto-exchange/
Toncoin, a top 20 cryptocurrency project, will be used by Telegram, the messaging platform, as a payment tool for its new advertisement strategy. Pavel Durov, founder and CEO of Telegram, stated that toncoin would facilitate payments for customers of its advertising platform, announcing that it would share 50% of any profit from these ads with […] Source: https://news.bitcoin.com/toncoin-to-be-at-the-center-of-telegrams-new-ad-monetization-strategy/
PRESS RELEASE. In the Bitcoin ecosystem, projects typically fall into two categories: ‘Asset Issuance Protocols’ and ‘Scalability Solutions’. Project teams usually focus on developing products and solving issues within one of these domains. ZKBase is introducing a comprehensive scalability solution tailored for asset issuance protocols, aimed at addressing two major challenges currently faced by the […] Source: https://news.bitcoin.com/the-innovative-approach-to-address-demand-for-zkbase-in-the-market/
The House Financial Services Committee of the U.S. Congress has advanced a resolution that seeks to disavow SEC SAB 121, a bulletin that leaves banks and financial institutions out of the cryptocurrency custody provider market. However, the resolution, advanced with bipartisan support, is unlikely to be passed at a vote on the House floor, according […] Source: https://news.bitcoin.com/house-financial-services-committee-advances-bill-to-repeal-sec-bulletin-preventing-banks-from-offering-crypto-custody-services/
Rich Dad Poor Dad author Robert Kiyosaki has thanked bitcoin for “kicking the fake U.S. dollar’s butt and bringing integrity back to money.” Kiyosaki has recently been more vocal in urging investors to buy bitcoin. He expects the price of the cryptocurrency to reach $100,000 by June of this year, cautioning that gold may experience […] Source: https://news.bitcoin.com/robert-kiyosaki-thanks-bitcoin-for-challenging-us-dollar-and-restoring-integrity-to-money/
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S. […] Source: https://news.bitcoin.com/bloomberg-strategist-sees-bitcoin-as-global-alternative-currency-warns-stock-market-drawdown-could-impact-btc/
U.S. Securities and Exchange Commissioner Hester Peirce used her opportunity on stage at ETH Denver to sustain her criticisms of her own agency, expressing frustration over “regulating by enforcement” and lambasting the SEC for dragging its heels on approving spot Bitcoin ETFs. “The Grayscale case basically gave us the option of approving a Bitcoin exchange-traded product, and it’s remarkable to…
