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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily tradable, given their use in international payments. Swiss National Bank on […]
https://news.bitcoin.com/swiss-national-bank-chief-raises-concerns-about-adding-bitcoin-to-currency-reserves/
The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 2023, involves five banks in Russia and is expected to run until April, but can be extended. […]
https://news.bitcoin.com/bank-of-russia-and-rosfinmonitoring-reveal-fiat-to-crypto-tracking-system-pilot/
Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely […]
https://news.bitcoin.com/contrary-to-crypto-influencer-hype-data-reveals-it-is-not-altcoin-season/
PRESS RELEASE. Solama, one of the most captivating Solana meme coin 2024 craze, is partnering up with two essential platforms for a crypto project, such as BingX and AssetDash, as BingX mentioned on their X (Twitter) account. As a result of this team-up, all $SOLAMA enthusiasts could benefit from extensive accessibility, catering to all investors […]
https://news.bitcoin.com/unlocking-new-possibilities-solama-teams-up-with-bingx-and-assetdash/
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105 BTC per block, between a blend of new BTC and transaction fees, following a peak in the hashprice. However, the average yield per […]
https://news.bitcoin.com/bitcoin-miners-average-revenue-per-block-dips-25-in-3-days-falling-to-3-83-btc/
As of April 26, 2024, bitcoin continues to exhibit fluctuating fortunes, with the latest trading session closing at $64,095. Amid a wider range between $62,923 and $65,069 over the last 24 hours, traders are grappling with mixed signals across various technical charts and indicators. Bitcoin Bitcoin’s oscillators are predominantly neutral with the relative strength (RSI) […]
https://news.bitcoin.com/bitcoin-technical-analysis-btc-sees-subdued-trading-amid-bearish-signals/
The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan […]
https://news.bitcoin.com/kenya-establishes-working-group-to-draft-rules-governing-crypto-entities/
Pantera Capital is planning to launch Pantera Fund V in April 2025, aiming to raise over $1 billion for investment in a diverse range of blockchain-based assets, representing a consolidation of its investment strategy into an ‘all-in-one’ fund. The new fund will include startup equity, early-stage tokens, and liquid tokens among its assets, and seeks […]
https://news.bitcoin.com/pantera-capital-targets-1-billion-for-new-all-in-one-blockchain-fund-set-for-2025-launch/
Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise additional capital. The company’s growth includes purchasing a 200 megawatt Bitcoin mining center and two additional […]
https://news.bitcoin.com/marathon-digital-ramps-up-bitcoin-mining-goals-targets-50-eh-s-hash-rate-for-2024/
Standard Chartered, which was previously optimistic about the U.S. Securities and Exchange Commission (SEC) approving spot ether exchange-traded fund (ETF) applications in May, has now revised its prediction. The bank still sees a positive long-term future for spot ethereum ETFs. Standard Chartered on Spot Ether ETFs Standard Chartered, previously optimistic about a May approval for […]
https://news.bitcoin.com/standard-chartered-updates-prediction-doubts-sec-will-approve-spot-ether-etfs-in-may/
Morgan Stanley, a leading global investment bank, is reportedly considering expanding access to bitcoin spot exchange-traded funds (ETFs). The firm may soon authorize its approximately 15,000 brokers to actively solicit customer purchases. Morgan Stanley to Widen Access to Spot Bitcoin ETFs Global investment bank Morgan Stanley is contemplating broadening access to spot bitcoin exchange-traded funds […]
https://news.bitcoin.com/morgan-stanley-to-broaden-availability-of-spot-bitcoin-etfs-report/
In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask functions as an “unlicensed broker-dealer.” Consensys Confronts SEC Following Receipt […]
https://news.bitcoin.com/eth-should-not-be-treated-as-a-security-consensys-sues-sec-over-ethereum-regulations/
On Wednesday, the U.S. Department of Justice from the Southern District of New York brought charges against the creators of Samourai Wallet for running an unlicensed money transmission service and for engaging in money laundering activities. This development has left the cryptocurrency community in dismay, with many expressing their displeasure over the aggressive measures employed […]
https://news.bitcoin.com/privacy-is-not-a-crime-samourai-indictment-provokes-strong-reactions-from-crypto-advocates/
PRESS RELEASE. GEORGE TOWN, CAYMAN ISLANDS — APRIL 25, 2024 Pulsr, an AI-powered search engine for NFTs, is launching a new token. The genesis of $PULSR is taking place on Thursday, April 25 at 11.30am EST — and will fuel the project’s ambition to make on-chain assets across the Web3 ecosystem more visible. Established in […]
https://news.bitcoin.com/ai-powered-discovery-network-for-nfts-launches-pulsr-token/
On Thursday, the newly launched Runes protocol token named “DOG•GO•TO•THE•MOON” climbed to the pinnacle of Runes-based tokens in trade volume across non-fungible token (NFT) marketplaces, including Okx’s NFT market and Magic Eden. In 24 hours, the token amassed approximately $13.20 million in trade volume between these two platforms and now boasts a market capitalization of […]
https://news.bitcoin.com/marketplaces-see-surge-in-runes-based-dog-token-trading-market-cap-now-at-319m/
PRESS RELEASE. Excitement is brewing in the heart of Asia as Hong Kong regulators pave the way for a new era of innovation with the recent approval of spot Bitcoin exchange-traded funds (ETFs). This groundbreaking development underscores Hong Kong’s commitment to becoming a regulated hub for Bitcoin. At the same time, the Bitcoin Conference is […]
https://news.bitcoin.com/bitcoin-conference-to-bring-star-studded-lineup-of-speakers-to-hong-kong-on-dawn-of-historic-etfs/
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]
https://news.bitcoin.com/acinq-to-withdraw-phoenix-wallet-from-us-markets-amid-regulatory-concerns/
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […]
https://news.bitcoin.com/deutsche-bundesbank-president-on-digital-euro-the-eurosystem-has-no-interest-in-monitoring-peoples-payment-patterns/
On Friday, the cryptocurrency trading platform crypto.com unveiled a new advertisement set to debut at the forthcoming Lakers NBA playoff game in Los Angeles. Additionally, the ad was highlighted on the social media site X by the hip-hop icon Marshall Mathers, also known as Eminem. Marshall Mathers Amplifies Crypto.com Ad Ahead of NBA Playoff Showcase […]
https://news.bitcoin.com/eminem-promotes-crypto-coms-latest-nba-playoff-ad-to-his-22-million-followers/
Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign against non-custodial wallets is now underway. Debate Over Crypto Wallet Regulation […]
https://news.bitcoin.com/the-non-custodial-conflict-us-government-actions-stir-crypto-community-concerns/
As the prospect of quantum computers breaking today’s cybersecurity standards edges ever closer, Johann Polecsak, co-founder of the QAN blockchain platform, argues that public blockchains such as Bitcoin, Ethereum, and Solana are still ill-equipped to adopt post-quantum cryptography without significant user impact. Post-Quantum Migration Risks Polecsak, an advocate for heightened awareness of imminent quantum attacks, […]
https://news.bitcoin.com/existing-blockchains-cant-adopt-post-quantum-cryptography-without-significant-user-impact-says-johann-polecsak/
Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving customer flexibility by offering a more stable and better user experience with […]
https://news.bitcoin.com/stripe-re-enters-crypto-payments-with-usdc-on-ethereum-polygon-and-solana/
Nubank, a Brazilian neobank, has introduced new features for its cryptocurrency customers. The Sao Paolo-based organization recently enabled deposits and withdrawals of bitcoin, ether, and solana in its cryptocurrency service, broadening the use cases of its platform. Before, the company only allowed users to purchase, hold, and sell cryptocurrency assets. Nubank Enhances Cryptocurrency Features: Opens […]
https://news.bitcoin.com/brazilian-neobank-nubank-introduces-new-crypto-wallet-features-for-bitcoin-ether-and-solana/
BNB Chain, one of the largest smart contracts-enabled ecosystems in the crypto environment, has announced the inclusion of native liquid staking in its BSC blockchain. The new feature aims to allow validators to secure the network and maintain the liquidity of its assets while the ecosystem abandons the Beacon chain. BNB Chain Evolves Into a […]
https://news.bitcoin.com/bnb-announces-native-liquid-staking-addition-in-bsc/
PRESS RELEASE. When it comes to crypto casinos, Hugewin leads the charge in transforming the online gambling landscape with its innovative approach to cryptocurrency gaming. Offering a diverse array of games, generous promotions, and unmatched customer service, Hugewin stands as the ultimate destination for players seeking an immersive and rewarding gaming experience. Diverse Cryptocurrency Options […]
https://news.bitcoin.com/the-rise-of-hugewin-new-face-of-crypto-casino/
While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever done anything close to that,” observed Eric Balchunas, Bloomberg’s senior ETF analyst, on […]
https://news.bitcoin.com/no-etf-has-ever-done-anything-close-analyst-highlights-record-gbtc-outflows-surpassing-all-etfs/
Amid the excitement of Bitcoin’s new Runes protocol, Blackrock’s exchange-traded fund (ETF) wallets now contain over $20,000 worth of RSIC•GENESIS•RUNE tokens. Blackrock’s IBIT Benefits From Airdropped Runes Tokens On Thursday, Arkham, an onchain intelligence firm, revealed on social media platform X that two of Blackrock‘s IBIT bitcoin addresses possess tokens based on the Runes protocol. […]
https://news.bitcoin.com/blackrocks-bitcoin-etf-wallets-hold-over-20000-in-runes-tokens-arkham-data-shows/
On Thursday, a Cryptopunk NFT with an alien theme changed hands for 4,000 ether, equivalent to $12.41 million. This particular Cryptopunk, #635, ranks as the sixth priciest in the Cryptopunks collection. Cryptopunks Collection Sees Another Major Sale With $12.41M Transaction In 2024, another significant transaction involving Cryptopunk #635 took place on Apr. 25, fetching 4,000 […]
https://news.bitcoin.com/cryptopunk-635-achieves-12-41m-sale-joins-ranks-of-top-priciest-nfts/
The renowned ‘epic satoshi’ from the fourth halving block, also known as Sat # 1,968,750,000,000,000, fetched a price of 33.3 bitcoins, valued at just over $2.13 million on Thursday afternoon Eastern Standard Time. This satoshi, the smallest denomination of BTC, was sold for an astonishing 338 billion percent more than the typical value of a […]
https://news.bitcoin.com/epic-satoshi-from-bitcoins-4th-halving-fetches-over-2-13-million-at-coinex-auction/
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial activities constituted only 18.8% of the transactions processed. As Runes […]
https://news.bitcoin.com/despite-runes-transaction-dominance-bitcoin-miners-see-continued-revenue-drop/