In a significant development, an American mother who was taken hostage by Hamas in Gaza, along with the relatives of two men who lost their lives in a terrorist attack, has filed a lawsuit against cryptocurrency exchange Binance.  According to a Bloomberg report, the lawsuit filed in a federal court in Manhattan alleges that Binance

The “most famous man alive” had his Bitcoin seized, but is mulling minting his own token.

A recent analysis shows that while Bitcoin’s price has been declining since January 14, three alternative cryptocurrencies (altcoins)—Chainlink…

The XRP community is once again buzzing with fresh hopes. Santiment, a well-known intelligence platform, has revealed an optimistic insight for the crypto asset, which might lead to a firm price rebound.  XRP Is Poised For Significant Rebound Santiment took to X (formerly Twitter) to share its latest optimistic overview of XRP. The intelligence platform’s

In a recent development, Polygon Labs announced a workforce reduction, eliminating 60 roles, accounting for approximately 19% of its staff. The decision was communicated by Marc Boiron, CEO of Polygon Labs, in an update shared with the Polygon Labs team.  Strategic Changes?  According to the statement released Thursday, the company has changed to “accelerate its

In their latest annual research report titled ‘Big Ideas 2024,’ ARK Invest, a renowned investment management firm, has put forth a compelling case for including Bitcoin in institutional portfolios. Drawing upon an extensive analysis of the crypto’s performance, the report recommends a significant allocation of “19.4%” to Bitcoin. This figure is not arbitrary but is

Vaklyrie Investments and BitGo have entered into a custodianship agreement, according to an announcement from the latter company on Feb. 1. Mike Belshe, CEO of BitGo, said: “… [Valkyrie] took a new step forward with their newest ETF to help investors around the world get access to Bitcoin. It’s a privilege to be their custodian
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The United States Department of Energy recently announced it will collect energy use data from crypto miners next week. Related Reading: Bitcoin Mining Boom: Inscription & Monetary Transfers Both Hit ATHs Crypto Miners Required To Give Their Energy Use Details On January 31, The US Energy Information Administration (EIA) announced the initiation of a provisional

As Bitcoin’s short stint below $40,000 caused quite a stir in the market, one could expect that its recovery to $42,000 would have caused a spike in retail trading activity. With short-term holders making up the majority of what we call “retail” traders, a quick jump in Bitcoin’s price would usually cause a notable spike in
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Quick Take The 15th day in the evolving landscape of Bitcoin ETFs displayed a rather moderate pace with only $38.5 million in net inflows, according to BitMEXResearch. The Grayscale Bitcoin Trust (GBTC) observed its lowest amount of outflows since day one of the trading period, recording a drop to $182 million. Despite reduced net inflows,
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