Bitcoin Development Platform Tap Protocol Secures $4.2 Million in Funding

Bitcoin Ordinals-based development platform Tap Protocol has raised over $4 million in an oversubscribed round, promising more “big” news to come....

9 months ago

With the expectation of further rate cuts heading into 2024, analysts say this could be a “positive boost” for crypto stocks and investment products.

Fed pause is a ‘green light’ for investors — Here’s what it means for crypto

A decision from the United States Federal Reserve to pause and possibly lower interest rates in 2024 will likely serve as a “positive boost” for cryptocurrencies and crypto stocks.

9 months ago

Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.

CFTC Pushes FTX-Inspired Rule to Protect Customers' Money

The U.S. Commodity Futures Trading Commission took a step toward requiring derivatives clearing organizations, a key type of intermediary in the industry, to keep their customers' money...

9 months ago

Russia Seeks to Legalize Bitcoin Mining

Russian Ministry of Finance Proposes Exporting Cryptocurrencies as a Commodity, akin to Natural Gas

The Russian Ministry of Finance has presented the idea of exporting cryptocurrencies as a product of mining activities.  The move is intended to position digital currencies on an ...

9 months ago

Investors Worry About Upcoming Halving

Public Crypto Mining Firms Dropped Double Digits After Bitcoin’s Largest Decline in Four Months

Crypto mining firms have seen double-digit drops after Bitcoin (BTC) experienced its most significant decline in nearly four months.  Over the weekend, the value of Bitc...

9 months ago

Google will allow ads for U.S. based-crypto trusts from January, with the change seemingly coming in the same month that spot Bitcoin ETFs are predicted to be approved.

Google policy update allows ads for US crypto trusts

Tech giant Google has updated its cryptocurrency-related advertising policy to allow ads about crypto trusts from the end of January, the same month that spot Bitcoin BTC $42,382 ...

9 months ago

Bitcoin does the complete opposite of what the EU's central bank warned about in late 2022.

Bitcoin is up 170% since the ECB called its 'last gasp' at $16.4K

Bitcoin BTC $43,770 has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.” As noted by crypto proponen...

9 months ago

Russia’s Central Bank says there has been a drop in the number of citizens trading crypto – with citizens staying away from major overseas trading platforms.

Number of Russians Trading Crypto Is Falling, Says Central Bank

Per RBC, the bank’s data shows Russians’ crypto activity “decreased in the second and third quarters of 2023.” The bank said it had recorded a fall in Russ...

9 months ago

Asset manager BlackRock has updated its application to launch the first-ever spot Bitcoin ETF in U.S.

BlackRock and Bitwise amended applications for spot Bitcoin ETF yet again

The document appeared on the website of the U.S. Securities and Exchange Commission (SEC). Bitwise has also updated its application to launch a similar tool. Analys...

9 months ago

New Amendment Allows for Comingling of Assets

Grayscale Proposes GBTC Fund Amendment as Spot Bitcoin ETF Looms

Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has proposed amendments to the trust’s agreement in preparation for a potential uplisting to a spot Bitcoin (BTC) ex...

9 months ago