BITCOIN PRICE NEWS

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December 29, 2023
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FTX debtors propose $16,871 Bitcoin price for creditor claims

Many online objected to the proposed pricing, based on the U.S. dollar value of cryptocurrencies when FTX filed for bankruptcy in November 2022.   The debtors […]
December 29, 2023
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China calls for crackdown on Tether stablecoin in illegal forex trading

China’s Supreme People’s Procuratorate has warned that using Tether as a medium of exchange between local and foreign currency is illegal.   Chinese authorities are taking […]
December 29, 2023
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Celsius scraps Fahrenheit consortium, gets court approval for Bitcoin mining company

According to bankruptcy Judge Martin Glenn, the deviation from the previously approved plan is permissible since creditors will not be adversely affected.   Celsius Network has […]
December 29, 2023
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Binance says it’s ‘truly compliance-led’ in positive year-end report

The world’s largest crypto exchange made progress on a number of fronts in 2023 and only has one U.S. regulator still pursuing it.   Binance highlighted […]
December 29, 2023
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Avalanche Foundation is about to start buying memecoins for the ‘culture’

Avalanche says it will utilize its $100 million NFT incubator initiative to start investing in select memecoins, which it says encourages the “culture and fun” brought […]
December 29, 2023
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ARK Invest kicks off Bitcoin ETF ‘amendment-athon’ ahead of deadline

ARK Invest and 21Shares were the first to submit their spot Bitcoin ETF filing update ahead of the Dec. 29 deadline set by the SEC.   […]
December 29, 2023
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ZachXBT alleges Gamegear dev ‘scaredofboobs’ is scammer NFT Machine

In a Telegram post, the on-chain sleuth warned users to beware of X account scaredofboobs.   Allegedly, the X user scaredofboobs is said to be the […]
December 29, 2023
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Vitalik Buterin wants to ‘make Ethereum cypherpunk again’

Ethereum co-founder Vitalik Buterin says the blockchain’s “cypherpunk” vision was largely swept under the carpet when cryptocurrencies began to over-financialize the network around 2017.   Vitalik […]
December 29, 2023
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Solana retraces back to pre-Xmas prices as BNB retakes 4th spot

Solana has lost its place as the fourth-largest cryptocurrency by market cap after being overtaken by BNB.   The value of Solana’s token, SOL, declined to […]
December 28, 2023
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Vitalik Buterin proposes to make Ethereum PoS ‘lighter and simpler’

The Ethereum co-founder suggested reducing validator signatures to lighten the load and make predicting future loads more accurate.   Vitalik Buterin, co-founder of Ethereum, has put […]
January 17, 2024
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Multiple US Senate bills object to CBDC’s definition of ‘money’

Several states in the United States are actively proposing bills to exclude central bank digital currencies (CBDCs) from their legal definition of money. This movement could […]
January 17, 2024
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Microsoft partners with Vodafone on generative AI integration

Microsoft and the UK-based telecommunications company Vodafone have announced a new 10-year strategic partnership. This collaboration focuses on integrating generative artificial intelligence (AI) capabilities among other […]
January 17, 2024
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Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF

Grayscale’s spot Bitcoin exchange-traded fund (ETF) has experienced substantial outflows, with an estimated $1.1 billion withdrawn in just three days of trading. This rush by investors […]
January 17, 2024
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Bitcoin ETFs top 3X daily volume of all 500 ETFs launched in 2023 combined

On January 16, the combined trading volume of 10 newly approved spot Bitcoin ETFs surpassed the total volume of all 500 ETFs launched in 2023 by […]
January 17, 2024
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$383B worth of crypto projects based in Switzerland and Liechtenstein: Report

The crypto industry in Switzerland and Liechtenstein has witnessed remarkable growth, with the total value of projects based in these countries increasing by 107% year-over-year, reaching […]
January 16, 2024
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Tether responds to UN report about ‘illicit activity’ of USDT

Tether, a major player in the stablecoin market, has responded to a United Nations (UN) report that implicated its USDT stablecoin in illegal activities. On January […]
January 16, 2024
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OpenAI attempts to dispel fears of AI meddling in political elections

OpenAI, the organization behind the renowned ChatGPT chatbot, recently published a blog post detailing its strategy for the 2024 global elections.   The primary focus is […]
January 16, 2024
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Indian crypto exchanges lure in Binance, OKX investors after FIU ban

Indian cryptocurrency exchanges are stepping up to offer smooth transitions for users looking to transfer their crypto assets from foreign exchanges, following a ban by India’s […]
January 16, 2024
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FUNToken becomes a deflationary token with its Q4 2023 Token Burn event

This landmark achievement reflects the project’s commitment to reducing the overall supply of FUNTokens, thereby potentially increasing their value and scarcity.   Token burning is a […]

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