Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares
Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion....
Month: February 2024
Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has...
Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase...
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m....
Crypto Fear and Greed Index Touches ‘Extreme Greed’ as Bitcoin Soars, Echoing 2021’s Highs
Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering...
Bitcoin Technical Analysis: BTC’s Bullish Momentum Signals Strong Market Confidence on Valentine’s Day
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of...
Former Binance CEO Changpeng Zhao’s Sentencing Delayed to April 30, Court Notice Reveals
A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April...
Torrevieja to Become the First Crypto Friendly City in Spain
Torrevieja, a city of almost 90,000 inhabitants, aims to become one of the first crypto-friendly locations in Spain. The city,...
1.3 Milllion Wallets Eligible: Starknet Reveals Details on Upcoming STRK Token Airdrop
Starknet, an Ethereum layer-2 scaling solution utilizing zero-knowledge proofs for low-cost transactions, has revealed that its much-anticipated STRK token airdrop...
Voyager Investors Sue the NBA and New Jersey’s Oldest Law Firm
Investors in the bankrupt cryptocurrency exchange Voyager Digital are suing the National Basketball Association (NBA), and New Jersey’s oldest law...
Sushi Partners With Layer N to Launch High-Speed Derivatives Exchange
Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling...
B2BinPay v19 Introduces Instant Swaps and Expands Blockchain Support in a New Big Update
PRESS RELEASE. B2BinPay, a leading blockchain payment system, has announced the release of its new v19 update. This latest update...
Philippines to Develop Blockchainless Wholesale CBDC in Two Years
The Central Bank of the Philippines will develop a central bank digital currency (CBDC) in the next two years, according...
Zimbabwe to Launch ‘Structured Currency’ Linked to Gold, Says Finance Minister
The Zimbabwean government plans to launch what it calls a “structured currency.” Some commentators and social media users have expressed...
Bitcoin Has Become World’s ‘Most Popular Investment Asset,’ Says Microstrategy Chairman
Microstrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that...
