The British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading platform for bitcoin and ethereum, Bloomberg sources reveal. Sources Say Standard Chartered Ready to Launch Bitcoin and Ethereum Trading Operations On June 21, Bloomberg’s Emily Nicolle cited sources knowledgeable about the plans, stating that Standard Chartered is on the […] Original
As first CEO and now executive chairman at MicroStrategy, Saylor has not only led that company to its acquisition of 226,331 bitcoin worth $15 billion over the past almost four years (the latest being the acquisition of 11,900 BTC just this week), but he’s also evangelized for other corporations to follow suit with their own balance sheets. Original
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…
An ICO spokesperson said: “While we are continuing to make enquiries into this matter, we recognise the sensitivity of some of the information in question and the worry this may have caused. “We would urge anyone concerned about how their data has been handled to check our website for advice… Source
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction, followed closely by Fidelity’s (FBTC) $51 million loss. U.S. Bitcoin ETFs Experience Sustained Outflows The 11 spot bitcoin ETFs reported $1.16 billion in trade volume […] Original
The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to decentralized applications (dapps), and first-class infrastructure tools and partners for developers and users. The Foundation is said to be […] Source CryptoX Portal
Bitcoin’s recent weakness could be signaling an upcoming correction in stocks, according to Stifel’s chief equity analyst Barry Bannister. Bitcoin reached its all-time high of $73,797.68 on March 14 before quickly correcting and it has struggled to hold the $70,000 mark since, barring a handful of blips. On Thursday, the S & P 500 briefly touched 5,500 for the first time ever after notching its most recent record close earlier in the week. Historically, the S & P 500 averages flat for about six months after bitcoin peaks and past…
Bitcoin is experiencing a significant decline today, dipping below the $64,000 mark to a low of $63,564. This drop represents a 2.5% decrease in the last 24 hours and an overall 12% decline over the past two weeks. Amidst this downward trend, Arthur Hayes, the co-founder of BitMEX, is not only maintaining his bullish stance on Bitcoin but actively encouraging investment, advocating a strategy to ‘buy the dip.’ His optimism and advice are deeply rooted in an analysis of global economic conditions and central bank policies, which he believes will…
Despite Bitcoin price struggling to break higher since the latest rejection from the $70k mark, the vast majority of BTC holders are still profitable. Although MicroStrategy purchased 11,931 BTC worth $786 million using the proceeds from a recent convertible notes offering, the slight uptick in Bitcoin price to above $65,000 has ended with the flagship cryptocurrency back under $64,000. Despite this, data from IntoTheBlock shows 87% of BTC holders are still in profit. Most holders are above water having acquired BTC at average prices that are relatively lower compared to…
A critical security flaw in cryptocurrency exchange Kraken’s platform has sparked a bitter dispute with security firm CertiK. The incident involved a $3 million theft of digital assets and accusations of extortion, media reports said. Kraken identified a critical vulnerability that allowed users to artificially inflate their account balances without completing deposits. This stemmed from a recent user interface change. An anonymous security researcher, later revealed to be affiliated with CertiK, alerted Kraken about the bug. However, instead of following ethical hacking practices, the researcher exploited the flaw with two…