WazirX has implemented a Singapore-backed restructuring plan to recover from its July 2024 $235 million cyberattack. Source: https://cointelegraph.com/news/indian-crypto-exchange-wazir-x-charts-recovery-path-after-235-m-cyberattack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
El Salvador Aims to Purchase DOJ’s Seized Bitcoin at a Discount
Nayib Bukele, the President of El Salvador, who has continued to push forward with bitcoin policies in his country, announced that he aims to profit from the potential DOJ sales of bitcoin seized as part of the Silk Road market takedown. El Salvador Hints at Purchasing Silk Road-Seized Bitcoin, Presses Ahead With New BTC Acquisitions […] Source: https://news.bitcoin.com/el-salvador-aims-to-purchase-dojs-seized-bitcoin-at-a-discount/
Bitcoin speculators panic sell at $92K in 'good time for accumulation'
Bitcoin short-term holders are potentially giving the market a classic “buy the dip” signal, new research from CryptoQuant says. Source: https://cointelegraph.com/news/bitcoin-speculators-panic-sell-92k-accumulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfinex Derivatives Moves to El Salvador After Receiving License
Bitfinex, a cryptocurrency exchange, has recently moved its derivatives services division to El Salvador, transitioning customers to a new jurisdiction after receiving a Digital Asset Service Provider (DASP) license. Bitfinex Derivatives El Salvador S.A. de C.V., a Salvadoran local entity, will now provide these services. Customers must approve a new set of service terms to […] Source: https://news.bitcoin.com/bitfinex-derivatives-moves-to-el-salvador-after-receiving-license/
Fed officials lean ‘neutral’ on policy but expect clarity once Trump begins
US Federal Reserve officials are adopting a “neutral” policy stance, pointing to strong economic performance and awaiting more clarity on Donald Trump’s policies. Source: https://cointelegraph.com/news/federal-reserve-officials-policy-clarity-donald-trump-united-states-president?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pro-crypto CFTC boss, subcommittee rumored as Trump inauguration nears
New reports suggest the US Senate Banking Committee is looking to create its first crypto subcommittee, while Trump is reportedly eyeing a pro-crypto CFTC Commissioner to take the agency’s helm. Source: https://cointelegraph.com/news/pro-crypto-moves-amid-coming-trump-inauguration-reports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Investor Sentiment on Bitcoin Mining Stocks: Institutions Bet Big on CORZ, WULF, IREN and HUT
Gain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $CORZ, $WULF, $IREN, and $HUT recorded the largest increases in institutional ownership. Institutional Investment Shifts in Bitcoin Mining: Major Players and Emerging Trends in 2024 The following guest post comes from Bitcoinminingstock.io, the one-stop […] Source: https://news.bitcoin.com/investor-sentiment-on-bitcoin-mining-stocks-institutions-bet-big-on-corz-wulf-iren-and-hut/
Crypto sentiment index drops to October levels as Bitcoin dips under $92K
The market sentiment index score hasn’t been in the “Neutral” zone since Oct. 14, when Bitcoin was trading around $63,000. Source: https://cointelegraph.com/news/bitcoin-fear-greed-index-sentiment-falls-october-level?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Standard Chartered Brings Elite Crypto Custody to Luxembourg, Fuels EU Expansion
Standard Chartered’s launch of crypto custody services in Luxembourg strengthens its EU presence, leveraging regulatory stability to meet rising demand for secure digital asset solutions. Crypto Custody Takes Center Stage as Standard Chartered Expands to Luxembourg Standard Chartered, a leading international banking group known for its presence across Asia, Africa, and the Middle East, has […] Source: https://news.bitcoin.com/standard-chartered-brings-elite-crypto-custody-to-luxembourg-fuels-eu-expansion/
Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst
Real Vision CEO Raoul Pal says the next phase of the Banana Zone will be an altcoin season “when everything goes up” followed by a bigger consolidation. Source: https://cointelegraph.com/news/crypto-go-banana-singularity-everything-goes-up-real-vision-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound