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The Latest Breaking News from Crypto

SEC drops key stablecoin investigation into Paxos in win for crypto industry

The Gary Gensler-led agency issued a Wells notice against Paxos in Feb. 2023, indicating an active investigation and possible enforcement action.

Fortune

Fireblocks Announces First 5 Global Custodian Partners

Fireblocks has announced the first five members of its Global Custodian Partner Program that aims to help customers streamline their crypto operations and connect securely with licensed custody partners worldwide.

International Business Times

Trump-Themed Memecoins Climb As Ex-President Confirmed To Speak At Bitcoin 2024

Donald Trump will speak at the Bitcoin 2024 conference later this month, and the crypto community on X is all for it – he joins another presidential candidate, key crypto figures, and two other Republican politicians in the speakers' list.

International Business Times

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Permissionless Funding: Marc Andreessen Gives Bitcoin Grant To AI Bot On X

Billionaire Marc Andreessen has made a mark in the crypto industry after he provided a "permissionless funding" grant to an AI bot on X Wednesday using Bitcoin to help with the bot's planned projects.

International Business Times

Biden Advisor Joins Crypto Leaders In Roundtable As First Dem Senator Urges POTUS' Withdrawal

An advisor for President Joe Biden attended a roundtable hosted by a Democratic leader for crypto leaders on Wednesday, raising hopes for more bipartisan efforts toward addressing the concerns of the emerging industry.

International Business Times

'Permanent' Holders Amass Nearly $5B In Bitcoin Amid Market Panic Selling

A Bitcoiner group that isn't among ETF holders has snapped up thousands of $BTC within 30 days, highlighting the trend in the crypto market wherein a buyer waits for a seller to dump when prices plunge.

International Business Times

Germany's sale of 0.25% of the world's Bitcoin adds to crypto market jitters

Bitcoin has tumbled by 19% since the German government accelerated its sales of almost 50,000 seized coins.

Fortune

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SkyBridge Capital's Anthony Scaramucci Explains Why Bitcoin Prices Could Reach $100K By Year-End

Despite mounting selling pressures on Bitcoin, Anthony Scaramucci sees multiple bullish factors for the coin and thinks it can reach a value of $100,000 by year-end.

International Business Times UK

Goldman Sachs to launch three tokenization projects by end of year, says digital assets chief

The banking giant sees a major uptick in demand for crypto services, from trading to Bitcoin ETFs.

Fortune

Is Bitcoin Failing The German Government's 'Liquidity Test'? Bitcoiners Clap Back

Since the German government started dumping its billions worth of Bitcoins, some financial analysts have suggested that the sell-off may be a "test" to determine the digital asset's liquidity – the big question is, has $BTC failed or passed the test?

International Business Times

GOP Senator Follows Trump's Lead, Accepts Bitcoin, $DOGE Donations

Sen. Marsha Blackburn, known for her embrace of Bitcoin, is now accepting crypto donations for her re-election campaign – at a time when cryptocurrency is gradually making a mark in the upcoming elections.

International Business Times

Texas leaders worry that Bitcoin mines threaten to crash the state power grid

Granbury residents are raising alarms over noise from a local Bitcoin mine, while state lawmakers warn that the energy-hungry facilities risk “crashing” the electrical grid.

The Texas Tribune

Tech Group Urges Biden To Seize 'Opportunity' In 'Positive' Crypto Regulation Before Elections

President Biden has yet to be vocally supportive of the crypto industry, and his administration has often been viewed as "hostile" by the crypto community, but a tech coalition believes he can still reverse this and see an opportunity in promoting a "positive" regulation.

International Business Times

Bitcoin Whale's 10-Year-Old 149 $BTC Stash Reawakens To $8M Amid Price Correction

Bitcoin prices have been climbing steadily since Monday, and a dormant whale must have felt the uptick, moving some $8.5 million in $BTC after more than a decade of no activity.

International Business Times

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International Business Times

GTA 6 Crypto Rumors Intensify as Rockstar Remains Tight-Lipped

Rumors are swirling that digital currencies might make their debut in Grand Theft Auto 6, and the gaming and crypto worlds are on fire.

International Business Times

US Spot Bitcoin ETFs Regroup, Buy German Dump To Haul In Nearly $295M

U.S. spot Bitcoin ETFs have reawakened their positive inflows vibe as they brought in a collective $295 million Monday following some two weeks of mostly negative net flows. The purchases were made when the German government was dumping its Bitcoins hard and prices were down.

International Business Times

Bitcoiners Need To Chill – Experts Say MtGox Activity Won't Affect $BTC Prices

MtGox has been at the center of negative sentiment in the Bitcoin community due to the fallen exchange's repayments to creditors that many Bitcoiners initially feared would have a significant impact on the digital currency's prices.

International Business Times

GOP 2024 Platform Highlights Bitcoin Mining, Broader Crypto Industry Focus

Republicans have released a 2024 platform that placed crypto on top of two other innovation causes it wants to prioritize – the four crypto facets mentioned were previously championed by GOP presidential frontrunner Donald Trump.

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Fortune

Bitcoin slumps 12% over past week as Mt. Gox repayments flood market

Bitcoin’s latest dip is largely due to an uptick in on-chain selling pressure as governments liquidate seized Bitcoin and the crypto exchange Mt. Gox begins to repay creditors.

Fortune

The House crypto bill could be the answer to America’s regulatory soul-searching. The ball is now in the Senate’s court

U.S. digital asset ownership jumped from 30% in 2023 to 40% in 2024. Congress must rise to the occasion and pass FIT21.

International Business Times

EXCLUSIVE: Bitget CEO Talks Bitcoin ETFs' Impact On Australia's Crypto Literacy

Australia has been in the news in recent weeks following the launch of the ASX's first spot Bitcoin ETF, and for an industry expert, the latest development could be a key driver in the country's crypto literacy bid.

International Business Times

Bitcoin Weekend Recap: $BTC Reclaims $57K As Hodlers, Maxis Help Drive Positive Sentiment

Bitcoin is back in the green after a weekend in the red – Bitcoin hodlers and maximalists are trying to keep sentiment on the positive end, but fears around the MtGox repayments and the German government's continuing dump continue to put pressure on the world's top digital asset.

International Business Times

'Scamming The Scammer': Wallet Linked To Retired Pink Drainer Reportedly Hit In Poisoning Attack

Pink Drainer, which recently "retired" from helping bad actors steal digital assets, has apparently been hit by an address poisoning attack – the amount taken is meager compared to the millions the notorious draining group took from the crypto industry, but it's still a taste of the draining service provider's…

International Business Times

$LINK: The Latest Craze Among Crypto Whales

Established in 2017, Chainlink has become a mainstay in the crypto industry, and while its native token's price has declined over the years, $LINK has recently become the go-to coin for some crypto whales.

Tom’s Hardware

Mt. Gox customers benefit from 3500 percent increase in value, recoup losses despite only 15 percent of coins being returned

Although only 15% of cryptocurrency has been recovered, the massive increase in bitcoin prices means customers are getting much more than they lost in 2014.

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