Tag: News

Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea – Bitcoin News

boss

Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of the market share. Blur NFT Marketplace Captures 30% of Market Share in Sales Volume An NFT marketplace called Blur has seen an increase in market share over the past 30 days. According to statistics from Dune Analytics, Blur holds 30% of the NFT market’s…

FTX Publishes Creditor List, Owes Millions to Well-Known Institutions and Government Agencies – Bitcoin News

boss

The now-defunct crypto exchange FTX has published its list of creditors, with the names unredacted. The comprehensive list, which is over 100 pages long, shows that FTX owes a lot of money to well-known institutions, including Binance, Airbnb, Apple, Amazon, Linkedin, Coindesk, the Wall Street Journal (WSJ), and more. U.S. government entities, such as the Internal Revenue Service (IRS) and the Treasury’s Financial Crimes Enforcement Network (FinCEN), are also included. FTX Creditor List Reveals Wide Range of Businesses Owed Money On Jan. 24, 2023, FTX published the bankrupt firm’s creditor…

ADA Climbs to 11-Week High, as Crypto Markets React to US GDP Data – Market Updates Bitcoin News

boss

Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The token rose by as much as 5% earlier in the day, climbing to its strongest point since November. Monero was also in the green, nearing a key resistance level in the process. Cardano (ADA) Cardano (ADA) rebounded on Thursday, with prices moving to an eleven-week high in the process. Following a low of $0.3537 on Wednesday, ADA/USD rose to an intraday high of $0.3866 earlier…

Tesla’s Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million – Featured Bitcoin News

boss

Tesla’s latest balance sheet shows the company’s bitcoin holdings worth $184 million. Tesla did not sell any digital assets in the fourth quarter of 2022 despite the crypto winter and contagion in the crypto ecosystem. Tesla’s Digital Assets Valued at $184 Million Tesla Inc. (Nasdaq: TSLA) released its earnings results for Q4 2022 on Wednesday. The company’s balance sheet shows net digital assets of $184 million, down from $218 million in the previous quarter. According to its other financial statements, no digital assets were bought or sold during the fourth…

Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250 – Economics Bitcoin News

boss

Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per ounce. However, Harry Dent, founder of HS Dent Investment Management, believes that this trend may not continue in the near future. Dent predicts that gold may lose value to the range of $900 to $1,000 over the next 18 months. HS Dent Founder’s ‘Everything Bubble’ Theory and Its Potential Impact on the Economy On Tuesday, Harry Dent, founder of HS Dent and financial author, spoke…

BTC Back Above $23,000 Following Tesla Q4 Earnings Report – Market Updates Bitcoin News

boss

Bitcoin rallied back above $23,000 on Thursday, following the release of Tesla’s quarterly earnings report. The report showed that Tesla was holding 9,720 bitcoin, worth $223 million. Ethereum was also higher, as prices were back above $1,600, rebounding from recent losses in the process. Bitcoin Bitcoin (BTC) moved to a fresh five-month high earlier in the session, as markets reacted to Tesla’s latest quarterly earnings report. The report, which was released after yesterday’s closing bell, showed that the electric vehicle maker did not sell any of its bitcoin. Following the…

Where Are the Crypto OGs? — Taxation Is Theft, but Joe Biden Needs Ice Cream Money – Op-Ed Bitcoin News

boss

Bitcoin was once viewed as a means to opt out of violent, legacy financial systems. Now, it is being co-opted by the very same, and zealous newcomers to crypto think that’s a good thing, while still giving lip service to peer-to-peer values. Ignoring the problems with fiat money, they beg political interests and bad actors to regulate Satoshi’s digital innovation. One such actor, Joe Biden, has been in the news recently complaining about not getting enough tax money from struggling Americans. To Biden and his elitist ilk, the destruction of…

Several Crypto Exchange Websites Taken Down in Kazakhstan – Exchanges Bitcoin News

boss

Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After Unlicensed Crypto Exchange Services The Financial Monitoring Agency (FMA) of the Republic of Kazakhstan has dismantled a group involved in the illegal exchange of cryptocurrencies. Its members organized the trading through several websites such as kzobmen.com, 1wm.kz, kazobmen.ru, wm007.kz, and kz-exchange.com. As part of the operation in Kostanay region, searches were…

PAYB․IO Makes Shopping Easier for Cryptocurrency Holders and Significantly Saves Their Time – Press release Bitcoin News

boss

press release PRESS RELEASE. (London, United Kingdom) – The operator of cryptocurrency purchases on the e-commerce market, PAYB.IO improves and expands its international operations. Their innovative solution allows cryptocurrency holders from around the world to use a multi shopping cart to place orders in multiple online stores simultaneously, saving time and streamlining the shopping process. With PAYB.IO and its new multi-basket, users in one transaction can place an order in up to 10 different stores in various countries and pay for them all with just one cryptocurrency transaction. This eliminates…

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament – Finance Bitcoin News

boss

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) supported a bill on Tuesday designed to enforce the latest global bank capital rules. Reuters noted in a report that the lawmakers have also incorporated…