Bitcoin’s recent 1.4% spike in value this weekend has stirred interest among investors, prompting discussions around Bitcoin price prediction for the coming week. Currently trading at $63,559, Bitcoin demonstrates robust market activity with a trading volume of $17.73 billion and maintains its dominant position with a market cap of approximately $1.25 trillion. Bitcoin Price Prediction...
Circle stablecoin USDC has achieved an important milestone in the stablecoin market, surpassing Tether’s USDT in transaction volume, according to data released by Visa on April 29 through a partnership with Allium Labs. USDC Stablecoin Recorded $456 billion in transaction volume The adjusted stablecoin metric data reveals that Circle’s USDC stablecoin has been gaining market...
The North Korean Lazarus Group laundered $200 million worth of crypto into fiat currency between August 2020 and October 2023, according to an April 29 investigative report by crypto sleuth ZachXBT. The investigation examined over 25 exploits across various blockchains and traced illicitly gained funds through mixers, peer-to-peer marketplaces, and centralized exchanges to show how...
Russian lawmakers are poised to legalize the nation’s burgeoning industrial crypto mining sector, but could impose strict limits on home-based “private” miners. Per the media outlets Finam and RBC, Deputy Chairman of the State Duma Committee on Information Policy Anton Gorelkin confirmed that the State Duma will debate a new mining law in the current...
In today’s financial landscape, Bitcoin price predictions have become increasingly relevant as the cryptocurrency navigates through volatile market conditions. Currently priced at $64,226, Bitcoin shows a minor decrease of 0.75% within the last 24 hours, yet maintains its dominance with a robust market cap of approximately $1.25 trillion. Bitcoin Price Prediction Looking at the technical...
Cardano Blockchain founder Charles Hoskinson reminded the cryptocurrency community of digital currencies’ true purpose and ethos in a sentimental April 25 X post, emphasizing that their use case extends far beyond trading. Hoskinson drove his point home with a powerful quote from the 1938 song “I Don’t Want to Set the World on Fire” by...
Monolithic Blockchain firm Movement Labs secured $38 million in Series A funding from Polychain Capital on April 25. The investment will support Movement Labs’ mission to introduce Facebook’s Move Virtual Machine to the Ethereum ecosystem. According to co-founder Rushi Manche, the $38 million capital raise underscores the immense potential investors see in Movement Labs’ ability...
Eternal gold bug Peter Schiff’s Bitcoin take isn’t good. He had a fierce warning for Bitcoin’s faithful on Wednesday, claiming the digital asset is on the verge of losing substantial and precarious technical price support. The popular economist and financial commentator tweeted that it’s “a long way down” if Bitcoin’s price drops below $60,000 again....
A South Korean prosecutor was jailed for leaking sensitive information in a high-profile crypto fraud case, domestic media outlets reported on April 25. Per Segye Ilbo, Gwangju District Court’s Criminal Division sentenced an unnamed prosecution investigator (aged 56) in the city of Mokpo to a year in prison. The court heard that the prosecutor took...
The United States Securities and Exchange Commission (SEC) initiated a new phase of discussions on April 24 regarding a proposed rule alteration for the trading of options on Bitcoin exchange-traded funds (ETFs) while also inviting public input on the matter. Multiple exchanges are looking to trade options on the newly approved spot bitcoin ETFs, though...