Bitcoin (BTC) kicked off the trading week with a 3% decline, dipping below the $58,400 mark. Over the weekend, BTC managed to stay above $60,000, buoyed by positive U.S. economic data that triggered a rally late on Friday. Meanwhile, U.S.-listed Bitcoin exchange-traded funds (ETFs) saw significant interest, with net inflows exceeding $263 million, the highest […]
Former President Trump has been confirmed as “safe” after gunshots were reportedly heard “in his vicinity.” Steven Cheung, a spokesperson for Trump, released a statement on September 15, stating: “President Trump is safe following gunshots in his vicinity. No further details at this time.” Reports indicate that the former President was playing golf at the […]
Bitcoin has once again surpassed the significant $60,000 mark for the first time since August 30, and growing interest from institutional investors suggests this time might be different, according to a crypto market analyst. On September 13, crypto analyst Rajat Soni shared on X (formerly Twitter), “This time is different.” Soni highlighted that Bitcoin has […]
In a significant move for the digital asset industry, the High Court of Justice in England has officially recognized Tether’s USDT stablecoin as property. This ruling marks an important step as the UK continues to define and solidify property rights for digital tokens. Just a day before, a new bill was presented in the UK […]
In a continued demonstration of its unwavering dedication to Bitcoin, MicroStrategy has added another $1.11 billion worth of the cryptocurrency to its reserves. The software intelligence firm, under the leadership of Michael Saylor, remains steadfast in its strategy of accumulating the world’s foremost digital asset. Michael Saylor has long been a vocal proponent of Bitcoin, […]
Grayscale Investments, a prominent player in the cryptocurrency investment space, has unveiled a new trust dedicated to the XRP cryptocurrency. On September 12, Grayscale made a public announcement about the launch of the Grayscale XRP Trust, designed to offer investors a pathway to invest in XRP. The Grayscale XRP Trust is now accepting daily subscriptions […]
The SEC had accused eToro of functioning as an unregistered broker and clearing agency due to its cryptocurrency trading operations. To resolve these accusations, eToro will pay a $1.5 million fine as part of its agreement, which was disclosed by the SEC on September 12. Under the terms of the settlement, eToro will limit its […]
Republican members of the U.S. House have initiated an inquiry into claims that SEC Chairman Gary Gensler may be appointing staff based on their political leanings, potentially breaching federal regulations. In a letter dated September 10 addressed to Gensler—a member of the Democratic party—Republican Representatives Jim Jordan, Patrick McHenry, and James Comer leveled accusations against […]
2024 has marked a significant milestone in the realm of Bitcoin and cryptocurrencies, as these digital assets gain further traction in the mainstream financial landscape. Early this year, the United States made headlines by approving the first crypto-based ETF, setting a precedent that saw Bitcoin’s value peak at an unprecedented $73,000 three months later. Amidst […]
A significant advancement has occurred in the UK as the government introduces a bill aiming to classify cryptocurrency as personal property. The proposed legislation, now before parliament, seeks to redefine the legal standing of cryptocurrencies, NFTs, and other tokenized assets. According to a government press release, this bill is designed to provide Bitcoin owners and […]