Bitcoin, ETH and major altcoins briefly lost value following news that the founders of Samourai Wallet were arrested by the U.S. Department of Justice (DOJ) amid ongoing tensions in the Middle East and post-halving volatility. Samourai Wallet cryptocurrency CEO Keonne Rodriguez and Chief Techno...

Published at: 2024-04-25

The BlackRock iShares Bitcoin Trust (IBIT) has recorded its first day of $0 inflows since launching bitcoin ETFs in the United States in January. Since its launch on January 11, IBIT has consistently attracted investments worth millions of dollars per day, reaching nearly $15.5 billion in just...

Published at: 2024-04-25

Meta (META) shares fell 15% in after-hours trading after the company's weak second-quarter revenue outlook and plans to "aggressively" increase spending on artificial intelligence this year - while its Metaverse division is expected to continue making losses.The tech giant's chief financial officer,...

Published at: 2024-04-25

Electric car maker Tesla and its CEO Elon Musk unveiled new details on Tuesday about a long-awaited autonomous passenger transportation service, allowing passengers to summon supposedly autonomous vehicles via an Uber-like service. During the company's first-quarter earnings presentation on Apr...

Published at: 2024-04-24

BlackRock's money market fund has been tokenized on the Hedera blockchain, sending Hedera up 96% in the past 24 hours, but the world's largest asset manager had nothing to do with the switch to the chain, although many thought so.A widely misinterpreted April 23 post by HBAR Foundation X - the organ...

Published at: 2024-04-24

Cosmos developers have fixed a "critical" security bug in the inter-block communication (IBC) protocol that put at least $126 million at risk, according to a blockchain security firm that privately alerted Cosmos to the problem."We privately disclosed the vulnerability as part of the Cosmos HackerOn...

Published at: 2024-04-24

Cryptocurrency stocks in the United States saw gains on Monday in tandem with a broader market recovery just days after Bitcoin was listed halving - with some double-digit percentage gains.The country's five largest Bitcoin miners listed by market capitalization, Marathon Digital (MARA), CleanSpark...

Published at: 2024-04-23

The Canadian province of Manitoba has extended a moratorium on new applications to government agency Manitoba Hydro to provide electric service to cryptocurrency operations. British Columbia (BC) had a similar service suspension and chose a different, but also restrictive, path forward.Manitoba's ex...

Published at: 2024-04-23

Two lawyers for the U.S. Securities and Exchange Commission (SEC) have reportedly resigned after a district court sanctioned the agency for "gross abuse" of power and acting in "bad faith" in a cryptocurrency case.  According to an April 22 Bloomberg report, Michael Welsh and Joseph Watkins, t...

Published at: 2024-04-23

Blockchain-based gambling project, ZKasino, is being sharply criticized by X for moving $33 million worth of investor and user funds to the Lido staking protocol - an abrupt change from its original plan to return the funds.In an April 20 blog post, ZKasino announced that its network had been launch...

Published at: 2024-04-22

Several Swiss Bitcoin users are renewing their attempts to persuade the Swiss National Bank to keep Bitcoin (BTC) in its reserves by holding a referendum on changing the country's constitution - but first they will have to convince more than 100,000 residents to sign a petition.Adding Bitcoin to the...

Published at: 2024-04-22

The average fees paid for Bitcoin fell sharply just one day after reaching a record average of $128 on April 20 - the day of Bitcoin's fourth halving.According to mempool.space, since April 21, fees for Bitcoin (BTC) have fallen to an average of $8-10 for medium-priority transactions .Just the day b...

Published at: 2024-04-22

Meta CEO Mark Zuckerberg suggested that his company is making progress on the first "consumer neural interfaces," or non-invasive wearable devices that can interpret brain signals to control computers. "One of the things I'm very excited about - I think we're going to start making consumer neur...

Published at: 2024-04-19

Blockchain network Ethereum is on its way to $1 billion in annual profits after it achieved net income of $365 million in the first quarter, accompanying quarterly revenue growth of 155% year-on-year. According to an April 17 report by The DeFi Report analyst Michael Nadeau, the network's first-quar...

Published at: 2024-04-19

BTC holders added a record $1.7 billion worth of BTC to "accumulation" wallet addresses in a single day, as Bitcoin's price fell below $63,000 earlier this week. More than 27,700 BTC - worth $1.75 billion at current prices - were sent to accumulation addresses in a single 24-hour period between...

Published at: 2024-04-19

The five largest Bitcoin mining companies are not selling Bitcoin despite a 50% cut due to Bitcoin's impending halving.According to an April 10 Bitwise report, Bitcoin sales by the five largest mining companies fell to their lowest level in two years in the first quarter of 2024, when the five large...

Published at: 2024-04-18

The level of interest in "halving Bitcoin" on Google has risen to its highest level ever, with projected data indicating that it is more than double that of the last halving in 2020. According to Google Trends data, search interest in the search term "halving Bitcoin" has already reached a scor...

Published at: 2024-04-18

Bitcoin's price briefly dipped below $60,000 just days before Bitcoin's long-awaited halving. However, many traders remain optimistic about Bitcoin's long-term price prospects based on historical chart patterns and institutional inflows.Despite the recent price correction, Bitcoin has regained the k...

Published at: 2024-04-18

The U.S. dollar is expected to see its "best five-day run" since February 2023, while Bitcoin has fallen over the period as interest rates are expected to remain high and the cryptocurrency has seen volatility leading to its halving on April 20.According to trading source The Kobeissi Letter, the do...

Published at: 2024-04-17

For bitcoin ETFs, zero-day inflows are perfectly normal and should not be misinterpreted as a failure of the products themselves, says James Seyffart, a Bloomberg ETF analyst. On most days, the "vast majority" of all U.S. ETFs see zero inflows - which is perfectly normal for all ETFs in the sec...

Published at: 2024-04-17

Investor confidence in Bitcoin's profitability in the mining sector after the cryptocurrency halved its profits has caused Bitcoin mining shares in the United States and abroad to fall - but these fears are not well-founded, says an industry analyst."Investors will realize that their fears were most...

Published at: 2024-04-17

The National Security Agency (NSA) is just days away from "taking over the Internet" with a massive expansion of its surveillance powers, according to NSA whistleblower Edward Snowden. Posting to X on April 16, Snowden pointed to a thread originally published by Elizabeth Goitein - co-director...

Published at: 2024-04-16

Cryptocurrency exchange OKX has joined Coinbase in launching an internal Ethereum-based Layer 2 network to provide lower fees and interoperability for users using decentralized applications.On April 15, OKX's launched the X Layer public core network, its zero-knowledge network. The network was built...

Published at: 2024-04-16

The Reserve Bank of Fiji (RBF) has issued a warning to the public against using cryptocurrencies for payments or investments. This represents a reversal of the Fijian Prime Minister's perceived stance on cryptocurrencies.Fiji residents could even face criminal charges for investing in cryptocurrency...

Published at: 2024-04-16

There could be a large outflow of Bitcoin from miners in the months following a halving, as in previous cycles, according to a market analyst.Bitcoin miners could potentially liquidate $5 billion worth of BTC after halving, according to calculations by 10x Research head Markus Thielen in an April 13...

Published at: 2024-04-15