Tag Archives: Increased

Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a …

In a recent Bloomberg report, it was revealed that the US Treasury Department is urging lawmakers to grant it additional enforcement powers in its fight against foreign providers of cryptocurrency services. The primary objective behind this request is to safeguard national security interests. Growing Hurdles In Tracing Illicit Crypto Transactions …

Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT. The United Nations (UN) has warned that Tether’s USDT stablecoin has become the preferred cryptocurrency for money …

Matrixport, a leading digital finance platform, today, November 22, released a comprehensive research note focusing on the significant implications of yesterday’s developments in the crypto industry, particularly regarding the prospects of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States. Following the guilty plea of Binance CEO Changpeng Zhao …

Austin Jewish Film Festival director David Finkel was hosting a visiting Israeli student in his home when Hamas terrorists infiltrated Israel and murdered more than 1,300 people on Oct. 7. The student learned the next day that his grandfather had been killed, and his grandmother and uncle were kidnapped. It’s …

Amid strengthening market conditions, several prominent Ethereum-based protocols have seen surging whale activity, indicating a potential reversal amid a bearish trajectory. Meanwhile, the new token Bitcoin Minetrix ($BTCMTX) has surged past $1.5 million as it enters its second presale round, as traders back it to be another altcoin to have …

Market participants have been particularly attentive to any signals that the Federal Reserve may continue to raise interest rates. A recent report from the Labor Department has revealed that initial filings for jobless claims or unemployment benefits for the week ended September 30th reached a seasonally adjusted 207,000. While this …

Tokens related to AI all rose after Nvidia’s report, and are likely to continue reaping from institutional interest in artificial intelligence. Cryptocurrencies related to artificial intelligence (AI) have advanced quite well following chipmaker Nvidia Corp’s (NASDAQ: NVDA) impressive fiscal 2024 Q2 earnings report. Several AI tokens climbed in response, adding to the general …

According to the analyst, Bitcoin has a better chance of being valuable and stable as it has a fixed and constant supply compared to other forms of money. Luke Broyles, a Bitcoin analyst, has made a series of bold statements about the future of Bitcoin. In some recent tweets, he …

According to recent hedge fund Ark Invest data, a historical amount of the Bitcoin supply has remained dormant for at least a year, with roughly 70% of the circulating supply unmoved in June 2023. Despite looming economic uncertainty, this dynamic occurs alongside a surge in institutional interest in the cryptocurrency.  …

When providing his opinion on the regulatory environment for cryptocurrencies in Canada compared to the United States, Anthony Scaramucci stated that Canada had learned from the US. Anthony Scaramucci, Skybridge Capital’s founder, voiced his opinion on the increased regulatory environment in the United States, attributing it to the actions of …

Ordinals have triggered a frenzy in memecoins and NFTs on the Bitcoin network, with mining revenue riding high.  The explosive popularity of memecoins and non-fungible tokens (NFTs) on the Bitcoin (BTC) network has induced a surge in mining revenue. However, how long this positive development will last remains to be …