BITCOIN PRICE NEWS

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April 23, 2024

PayPal proposes ‘cryptoeconomic’ rewards for sustainable Bitcoin miners

PayPal, in collaboration with Energy Web and DMG Blockchain Solutions, has put forth a proposal to incentivize sustainable Bitcoin mining by introducing cryptoeconomic incentives.   Incentivizing […]
April 23, 2024
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DeFi whales have millions ‘forgotten’ in bridge contracts: Arkham

Arkham, a blockchain intelligence firm, revealed that numerous crypto addresses, including those associated with Ethereum co-founder Vitalik Buterin, Coinbase, and DeFi whales, have significant sums of […]
April 23, 2024
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Bitcoin miners spreading sales dulled post-halving price drop: Bitfinex

Bitfinex, a crypto exchange, observed a decline in Bitcoin (BTC) tickers, down to $66,525, attributing it to miners selling their reserves before the halving event. This […]
April 23, 2024
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Bitcoin ‘no longer cheap’ — Fidelity revises medium-term outlook for BTC

Fidelity Digital Assets has adjusted its medium-term outlook for Bitcoin from “positive” to “neutral” following the first quarter, citing various metrics indicating a shift away from […]
April 23, 2024
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Vietnamese tech company to build $200M AI factory with Nvidia

The Vietnamese IT company FPT and Nvidia, a global leader in semiconductor chip production, have announced their collaboration to finance and construct a $200 million artificial […]
April 23, 2024
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‘Money-hungry VCs’ are bad for token launches in the long term — Analyst

Profit-seeking venture capitalists (VCs) may have detrimental effects on the long-term sustainability and price trajectory of newly-launched cryptocurrencies.   Despite providing initial liquidity for altcoin launches, […]
April 23, 2024
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Finland’s households turn to Bitcoin mining to heat homes

A groundbreaking project in Finland is harnessing energy from Bitcoin mining cryptocurrency to heat homes during the chilly Finnish winter.   Hashlabs Mining, an infrastructure firm […]
April 23, 2024
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Crypto.com’s South Korea launch hit by regulatory roadblock

Singapore-based cryptocurrency exchange Crypto.com has postponed its planned launch in South Korea following concerns raised by regulators regarding money laundering anomalies in the platform’s data.   […]
April 23, 2024
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Bitcoin FilmFest: Lights, camera, halving as Bitcoin cinema hits Warsaw

Bitcoin enthusiasts from across the globe converged in Warsaw, Poland, from April 18 to 21 for an eventful weekend featuring films, networking opportunities, group activities, and […]
April 22, 2024
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Hong Kong investment firm Victory Securities reveals Bitcoin and Ether ETF fees

Victory Securities, a Hong Kong-based investment firm, has revealed its proposed fees for Bitcoin and Ethereum exchange-traded funds (ETFs) following the recent approval of cryptocurrency ETF […]
April 25, 2024
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Biden’s 44.6% capital gains tax proposal likely a ‘nothing burger’

President Joe Biden’s proposal to raise the capital gains tax rate to 44.6% for certain individuals, marking the highest rate in United States history, may not […]
April 25, 2024
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Banks could flood into stablecoins if new bill passes: S&P Global

A new bill introduced to the United States Senate, known as the Payment Stablecoin Act, could potentially encourage U.S. banks to enter the stablecoin market, according […]
April 25, 2024
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39% of Canada’s institutional investors have exposure to crypto: KPMG

According to a survey conducted by accounting firm KPMG, institutional investors based in Canada significantly boosted their exposure to crypto assets last year compared to the […]
April 25, 2024
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Samourai Wallet mixer co-founders arrested on AML, licensing charges

The co-founders of the cryptocurrency mixer Samourai Wallet have been apprehended on charges of money laundering filed by the United States Justice Department (DOJ) and other […]
April 25, 2024
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Runes make up 68% of all Bitcoin transactions since launch

Runes, a new token standard on the Bitcoin blockchain, has quickly gained traction since its launch following the network’s halving event on April 20.   Runes […]
April 25, 2024
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Meta drops 15% on weak outlook and high AI and metaverse spending

Shares of Meta (META) experienced a 15% drop in after-hours trading following a disappointing outlook for Q2 revenue and plans for aggressive spending in artificial intelligence […]
April 25, 2024
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Manchester City to release digital collectibles through multi-year partnership with Quidd

The Premier League’s Manchester City Football Club has initiated a multi-year collaboration with Quidd, a subsidiary of Animoca Brands, to develop and release digital collectibles alongside […]
April 25, 2024
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Changpeng Zhao could serve time in the same facility as ‘crypto-anarchist’ Jim Bell

Former Binance CEO Changpeng “CZ” Zhao has requested probation as his sentence after pleading guilty to violating money laundering laws. His legal team, including Robert Palmquist, […]
April 24, 2024
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Worldcoin will increase WLD supply by up to 19% in the next 6 months

Worldcoin, a digital identity project, has announced plans to increase the supply of its WLD token by up to 19% over the next six months through […]

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