Massive BTC Market Turbulence, Analyst Predicts $650K BTC Price, and More — Week in Review
Last weekend witnessed a significant decline in Bitcoin prices that continued throughout the week, resulting in a $4,500 drop and...
Month: April 2024
Nigerian Blockchain-Based Payment Startup, Ivorypay, Partners With Stablecoin Issuer, Tether
A Nigerian startup specializing in blockchain-based payments and remittances has entered into a partnership arrangement with the stablecoin issuer Tether....
FTX Founder Bankman-Fried Agrees to Settlement, Aids Legal Action Against Celebrities
In a significant turn of events, former FTX CEO Sam Bankman-Fried has agreed to a settlement with investors, providing crucial...
JPMorgan CEO Jamie Dimon: Bitcoin Is a Fraud, There’s No Hope for BTC as a Currency
JPMorgan Chase CEO Jamie Dimon has doubled down on his anti-bitcoin stance, emphasizing that the crypto is a fraud with...
IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’
The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker...
Deutsche Bank Expects Bitcoin Price to ‘Stay High’ After Halving — JPMorgan Disagrees
JPMorgan Chase and Deutsche Bank have weighed in on potential price movements for bitcoin following the halving. “We continue to...
Bitcoin Market Update: Post-Halving Price Dynamics and Market Movements
Bitcoin’s market value has experienced significant shifts following the recent halving event at block height 840,000, which saw onchain fees...
New Stablecoin Bill Faces Criticism for Stifling Innovation and Breaching First Amendment
A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially...
93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving
Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely...
Bitcoin Halving, Runes Proliferation Results in Historic Fee Increases, Crypto Community Reacts
Following the Bitcoin halving event, onchain fees climbed to over $240 per transaction just an hour later, and as of...
Bitcoin Halving Sparks Next Bull Run: Cogwise Leads the Charge in Financial Prediction
In the ever-evolving landscape of cryptocurrencies and financial markets, few events generate as much anticipation and excitement as the Bitcoin...
Runes Proliferate on Bitcoin, Sparking New Token Sales on Specific Markets
In the 12 hours following the introduction of the Runes protocol, bitcoin miners have collected substantial fees as the rush...
Bitcoin Miners Smash Previous Revenue Records Post-Halving; Over $54M Collected in 60 Blocks
Since the halving, 63 blocks have been mined, and bitcoin miners have accumulated substantial fees following a dramatic increase in...
Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency
The Nigerian central bank governor has refuted claims that the bank is using the country’s foreign exchange reserves to shore...
Reserve Bank of New Zealand Releases Digital Currency Consultation Paper
The Reserve Bank of Zealand has said the proposed digital version of the country’s physical cash would provide universal access...
