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Cryptocurrency News

Location American Cryptocurrency News for 12 February 2024
Spot Bitcoin ETFs Outpace MicroStrategy Holdings, Marking Significant Market Movement An unprecedented shift in the cryptocurrency market occurred on Monday as nine traditional asset management firms surpassed MicroStrategy’s Bitcoin holdings through spot Bitcoin ETFs, a report by HODL15Capital confirme...
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Digital Asset Investment Funds Record $1.1 Billion Inflows as AUM Taps $59 Billion Digital asset investment products recorded $1.1 billion in inflows in the last seven days following a price uptick in the market. A new CoinShares Digital Asset Funds Flow Weekly Report shows a positive swing in cryptocu...
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SEC Takes Cybersecurity United States and Securities Exchange (SEC) Chair Gary Gensler claimed the federal agency takes its "cybersecurity obligations seriously" in a February 6 letter following last month’s SIM swap attack. The letter was dr...
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Ethereum Co-Founder Vitalik Buterin on Tackling Deepfake AI Risks: 'Ask Security Questions' Vitalik Buterin, a co-founder of the cryptocurrency project Ethereum, has raised an alert on using deepfakes, videos created using artificial intelligence (AI) to try to impersonate human beings, to persuade others about...
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Franklin Templeton Joins Ethereum ETF Race

Coin Desk - 13 Feb 2024 01:22
Franklin Templeton Joins Ethereum ETF Race The asset manager is also one of the issuers of a spot bitcoin exchange-traded fund but hasn't seen the same success as frontrunners BlackRock and Fidelity.
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Jack Dorsey Evokes Bitcoin At Super Bowl Wearing Twitter co-founder and Block Head Jack Dorsey quietly brought Bitcoin to last night's celebrity-filled Super Bowl event - though most average viewers may not have noticed. The tech billionaire was photographed in one of ...
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Did President Biden Just Endorse Bitcoin?

Coin Desk - 13 Feb 2024 00:16
Did President Biden Just Endorse Bitcoin? The octogenarian politician is sporting laser eyes on Twitter, seemingly unaware it is a symbol of support for the cryptocurrency.
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Spain Sets Its Sights on Developing First Torrevieja, a coastal city in southeastern Spain, has launched an ambitious initiative to become Europe’s first “crypto-friendly” city, according to a February 6 statement. The Association of Small and Medium-sized...
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Over $11 Million in Liquidity Drained From SafeMoon by Unknown Individual An unknown individual drained over $11 million in liquidity from various pools associated with the controversial cryptocurrency project SafeMoon on Monday. The transaction triggered immediate speculation about a possible...
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Kraken Exec Questions Efficacy of Crypto Ads at Super Bowl Despite Global Reach Kraken’s Chief Marketing Officer, Mayur Gupta, believes the Super Bowl is no longer an effective avenue for crypto marketing. Speaking before Sunday’s US National Football League championship final, he told FOX Busin...
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Craig Wright Told by UK Court to Stop Making 'Irrelevant Allegations' as COPA Trial Continues Wright continued to blame a host of reasons and people for inconsistencies pointed out by opposing counsel on Monday as his cross-examination continued.
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Top Crypto Gainers Today on DEXTools - CSHIB, DADA, FERRET Bitcoin may be stealing the headlines after crossing above $50,000 for the first time since late 2021 on Monday, but investors looking to turn a quick profit will continue to turn to the top crypto gainers today on DEXTo...
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Tether and Circle Stablecoin Purchases Dominate in Argentina Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation.
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FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.
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Nigeria Faces Pressure to Tighten Crypto Regulations for Financial Crime Prevention Nigeria faces calls to go further in its efforts to clarify crypto regulation after a blockchain firm successfully finished training its fifth cohort of crypto compliance specialists last weekend. Blockchain intelligence...
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The FTX Hack: The Unsolved SIM Swap Mystery

Coin Desk - 12 Feb 2024 21:55
The FTX Hack: The Unsolved SIM Swap Mystery New rules from the SEC and FCC, and the former's own SIM swap incident, are likely to raise scrutiny on crypto firms to clamp down on a scourge of identity-hacks, says Andrew Adams, partner at Steptoe.
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Bitcoin Price Prediction as $20 Billion Pushes BTC Above $48,000 - $100,000 Incoming? Bitcoin‘s market position is bullish as it hovers near $48,000, amidst widespread anticipation of potential growth to $100,000. Glassnode’s analysis marks the current Bitcoin market as “high risk,” emphasizing th...
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Bitcoin Bears Take a Bruising as Price Powers Above $50,000 - Where is BTC Headed Next? Source: Dalle-3 Bitcoin (BTC) bears are taking a bruising on Monday as the price powers above $50,000, as BTC continues its momentum after posting its strongest weekly close since December 2021 on Sunday. According to Tr...
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Bitcoin Pushes Through $50K for First Time Since Late 2021 The world's largest crypto has now roughly tripled in price in 2023, surely signaling the end of the industry's long bear market.
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Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% incre...
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Philippines Central Bank Eyes Bank-Mediated Non-Blockchain CBDC in Next Two Years Governor Eli Remolona of the Philippines Central Bank (BSP) has disclosed the central bank’s plans to introduce a wholesale central bank digital currency (CBDC) in the coming years. The Bangko Sentral ng Pilipinas (BSP...
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Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.
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