Bitcoin’s price has reached a new all-time high, surpassing the $71,000 mark with the rally still in progress. Over a period of six days, the world’s leading cryptocurrency has seen a more than 40% increase in value, bringing it close to surpassing the $72,000 threshold. The milestone comes approximately 39 days before the anticipated Bitcoin […] Source: https://news.bitcoin.com/bitcoin-pushes-past-71000-to-make-a-new-all-time-high/
The Central Bank of the Philippines revealed that it aims to conclude the ongoing wholesale CBDC pilot, Project Agila, later this year. The pilot, which currently includes the participation of six local financial institutions, might be the gate for democratizing access to securities according to Deputy Governor for Payments and Currency Management Sector Mamerto Tangonan. […] Source: https://news.bitcoin.com/central-bank-of-the-philippines-to-complete-wholesale-cbdc-pilot-this-year-hints-at-securities-focused-use-case/
Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance of AI-related tokens can be attributed to AI headline […] Source: https://news.bitcoin.com/performance-of-ai-related-crypto-tokens-driven-by-news-and-memetic-speculation-coinbase/
Scott Melker, also known as the “Wolf of All Streets,” believes that we are at the start of a major bull run for both bitcoin and the broader crypto market. “We will likely see a huge bubble and that coins with no fundamental value will also skyrocket before it inevitably pops,” he warned, adding that […] Source: https://news.bitcoin.com/wolf-of-all-streets-sees-start-of-major-bull-run-for-bitcoin-and-broader-crypto-market-warns-of-a-huge-bubble/
The United States Court of Appeals has reversed a lower court’s ruling dismissing U.S.-based users’ damages claim against Binance. Aggrieved users will once again attempt to prove that their claims do not constitute an “impermissible extraterritorial application” of U.S. securities law. ‘Impermissible Extraterritorial Application’ of Securities Law The U.S. Court of Appeals has revived a […] Source: https://news.bitcoin.com/us-court-of-appeals-reverses-lower-courts-ruling-in-favor-of-binance/
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in the last two months. LSD Market Flourishes: Ethereum Holdings Cross $54 Billion Milestone In […] Source: https://news.bitcoin.com/ether-locked-in-liquid-staking-platforms-skyrockets-to-54-34b-with-a-26-85b-rise-in-64-days/
As bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions, after letting the bitcoins remain untouched for more than eight years. 2015 Bitcoin Cache Comes Alive On March 10, 2024, a […] Source: https://news.bitcoin.com/bitcoin-whale-from-2015-moves-sleeping-bitcoins-worth-163m-as-historic-wallets-wake-up/
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: $400 million cryptocurrency Ponzi scheme founders were arrested in Argentina, the Central Bank of Brazil established cryptocurrency regulation as a priority, and the Argentine Fintech Chamber proposed crypto tax exemptions in Argentina. $400 […] Source: https://news.bitcoin.com/latam-insights-argentina-arrests-400-million-cryptocurrency-ponzi-scheme-founders-brazil-defines-crypto-regulation-as-a-priority/
Prominent crypto tokens tied to video games and gaming chains have skyrocketed in value so far this weekend, with some hitting new all-time high prices and others rising to their highest point in years—all while Bitcoin briefly returned to the $70,000 mark. The Gala ecosystem’s GALA token is the biggest winner in this weekend’s surge for gaming and metaverse coins,…
