BITCOIN PRICE NEWS

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April 19, 2024
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Bitcoin ransomware Akira drains $42M from more than 250 companies: FBI

A year-old ransomware group known as Akira has breached over 250 organizations, extracting approximately $42 million in ransomware proceeds, as per alerts from top global cybersecurity […]
April 19, 2024
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Bitcoin hodlers moved $1.7B into ‘accumulation’ wallets during the BTC dip

Hardcore Bitcoin holders demonstrated their confidence in the cryptocurrency by adding a record $1.7 billion worth of BTC to ‘accumulation’ wallet addresses in a single day, […]
April 19, 2024
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Bitcoin fees top Ethereum for 3 days in a row as halving approaches

Bitcoin transaction fees have exceeded those of Ethereum for three consecutive days as miners and traders gear up for the upcoming Bitcoin halving and the introduction […]
April 19, 2024
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Binance exec remains in jail as bail appeal fails again

A Federal High Court in Abuja, Nigeria, has once more delayed the hearing for the bail application of Binance executive Tigran Gambaryan, who remains incarcerated at […]
April 18, 2024
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Gary Gensler’s resignation ‘troll’ post disappoints Crypto X

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), caused a stir among X users with a misleading post hinting at his resignation, […]
April 18, 2024
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Former Ethereum dev Virgil Griffith asks for resentencing in North Korea case

Former Ethereum developer Virgil Griffith, convicted in 2022 for aiding North Korea in utilizing blockchain technology, has filed a request for a reduction in his 63-month […]
April 18, 2024
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Ernst & Young taps ZK-proofs on Ethereum to automate contracts

Ernst & Young, a leading accounting firm, has introduced an Ethereum-based solution called EY OpsChain Contract Manager (OCM), leveraging zero-knowledge proofs to aid private business clients […]
April 18, 2024
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Elizabeth Warren supports enhanced U.S. sanction options for stablecoins

Senator Elizabeth Warren recently addressed Treasury Secretary Janet Yellen in a letter, echoing her concerns voiced during Deputy Treasury Secretary Wally Adeyemo’s testimony before the Senate […]
April 18, 2024
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Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest cryptocurrency exchange, Binance, has converted its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC), a stablecoin pegged to $1.00, now […]
April 18, 2024
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Yuga Labs offloads 2 NFT games amid effort to ‘unshackle’ BAYC team

Yuga Labs, the entity behind the renowned NFT collection Bored Ape Yacht Club (BAYC), has divested the intellectual property rights for two of its games, HV-MTL […]
April 24, 2024
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Mt. Gox’s $9B overhang could ‘spook the market,’ pressure Bitcoin: K33

Analysts at K33 Research suggest that the potential return of over $9 billion worth of Mt. Gox-era Bitcoin in the coming weeks could exert negative price […]
April 24, 2024
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Hedera’s HBAR token pumps 96% on misinterpreted BlackRock announcement

A BlackRock money market fund has been tokenized on the Hedera blockchain, leading to a remarkable surge of 96% in the price of the Hedera token […]
April 23, 2024
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X payments details released: App to become your bank account

Christopher Stanley, X’s head of payments, announced plans to broaden the platform’s functionality beyond simple tipping. Users will soon be able to send money to other […]
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, […]

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