Fresh off a new all-time high price, Bitcoin is on its way to $150,000 per coin, according to global investment firm AllianceBernstein. In a Monday note, the firm said that the sheer volume of cash flooding into newly approved exchange-traded funds will ensure the value of Bitcoin will continue to rise. The firm predicted last year that Bitcoin would hit…
A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating that there was “absolutely nothing wrong with paying for the […] Source: https://news.bitcoin.com/arbitrum-proposal-to-fund-tornado-cash-developers-defense-withdrawn/
The crypto world is abuzz over the upcoming W governance token airdrop from cross-chain protocol Wormhole, with the eligible wallets spanning Solana, Ethereum, and beyond. But not everyone is happy about the wallet selection process, or how many tokens are being allocated to certain users or communities. In any effort to clear up confusion around the airdrop, Wormhole published an…
In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten player. Yet, despite the ongoing cryptocurrency market upswing, PYUSD has shown minimal activity […] Source: https://news.bitcoin.com/despite-crypto-uptick-paypals-pyusd-stays-quiet-in-the-top-ten-stablecoin-race/
Software company MicroStrategy’s stock is booming as the publicly listed firm continues to snap up Bitcoin at a rapid rate. MicroStrategy—which trades on the Nasdaq under the ticker MSTR—was trading for as much as $1,610 per share on Monday. That represented a rise of nearly 14% over the previous 24 hours. Even though it has since settled to $1,484 as…
KeychainX AG, a Swiss-based crypto recovery company, has been assisting people in accessing their lost crypto since 2017. The company also holds patents around the world for a keyless crypto wallet that utilizes biometrics, such as fingerprints or even DNA. Robert Rhodin is the CEO of KeychainX. He recently joined the Bitcoin.com News Podcast to […] Source: https://news.bitcoin.com/developing-a-keyless-crypto-wallet-utilizing-biometrics-keychainx-ceo-robert-rhodin/
Looking for a chill way to stack some satoshis while killing time? One of the best casual crypto games we’ve played so far is Bitcoin Sudoku, one of many such mobile games from Bling Financial that lets you earn points while you play—and you can then convert those points to Bitcoin or Ethereum. Bitcoin Sudoku, available on both iOS and…
While bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy is now valued at $2.72 trillion, up 3.62% over the past day. Crypto Economy Swells to $2.72 Trillion On Monday, over two dozen crypto assets […] Source: https://news.bitcoin.com/from-rbn-to-floki-this-weeks-crypto-winners-and-losers/
VanEck is waiving sponsor fees for its spot Bitcoin ETF, the New York-based investment firm said in a updated prospectus filed with the U.S. Securities and Exchange Commission on Monday. VanEck said the fee waiver follows a broader prospectus filed on March 1, 2024, and that they are executing their previously reserved right to waive fees. “During the period commencing…
In an unprecedented surge, global crypto investment products experienced a historic influx of $2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $2.7 Billion Flows Into Crypto Investments in a Historic Week The record-breaking week saw digital asset investment vehicles garner inflows of […] Source: https://news.bitcoin.com/report-global-crypto-investments-surge-to-record-2-7-billion-in-weekly-inflows/
