Media reports showed that Bitcoin – the global powerhouse in virtual tokens – was down 3% at one stage and even dipped below $55,000 during Friday trading. This was the first time since the end of February 2024 that Bitcoin has slumped this low. Ether, another popular cryptocurrency, dropped by approximately 5%. CNBC said that,…
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DMM, Japan’s largest crypto exchange, said roughly 4,503 BTC, valued at about $308m, were illegally siphoned from a primary wallet. According to BITCOIN Magazine, the incident occurred around 13:26 local time and was orchestrated via “unauthorised access.” To date, the company has not divulged how the breach was done. It did, however, confirm that the…
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This is reportedly the largest sell-off of the world’s most prominent crypto asset experienced in over a year. Despite falling below $62,000 at one stage during Saturday’s trading, BTC gained back 3.9%, which pushed it past the $64,000 mark on Sunday, 14 April 2024. At one point, this virtual currency spiked as much as 8.3%.…
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Founder Michael Saylor posted on X that the firm made this purchase “using proceeds from convertible notes & excess cash.” He said more institutional investors are considering owning BTC as it gets incorporated into ETFs. Saylor also believes that the halving process to be carried out in April this year will keep demand for the…
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The world’s largest cryptocurrency, which currently has a market value of just over $1tn, ended Tuesday trading at $57,071. From the start of February, bitcoin gained 32%, putting it on track for its most significant monthly gain since January 2023. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Rallies exceeding 10% were influenced…
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The US government claimed 51,680 bitcoin in the now-known Silk Road dark net operation on 21 November 2021. This recovery totalled a value of $3.4bn at that time. The latest Arkham data shows the US government possesses an estimated $9.26bn in bitcoin. In an April 2023 announcement, the US Attorney’s Office Southern District of New…
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HBUS, operators of U.S. digital asset marketplace, Huobi.com, has just announced that it has launched fiat-to-crypto trading. HBUS has announced the rebranding of their retail trading service from HBUS.com to Huobi.com last month. Huobi.com clients can now make USD deposits and withdrawals ($100 USD minimum), and trade against bitcoin (BTC), ethereum (ETH) and Tether (USDT).…
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Crypto startup Ternio, ranked 436th on market cap listings and valued at $4 million, has introduced its first consumer related product – a debit card with a “twist”. Not only can it be used in existing global payment card networks at the point-of-sale and ATMs, but each cardholder will be able to designate which of…
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Since the release of bitcoin in 2009, cryptocurrencies have been making waves in the finance industry. Finder has asked fintech specialists to give their 2018 cryptocurrency predictions. For January, four panelists threw their hats into the ring to predict the movements of some of the top-trending cryptocurrencies: bitcoin (BTC), Bitcoin Cash (BCH/BCC), Cardano (ADA), Ethereum…
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Along with the addition of a new instrument, Global forex broker Admiral Markets has made several more announcements following their previous news regarding the possibility of a hard fork in Bitcoin's blockchain. The hard fork did happen! Starting from 1 August, 2017, the blockchain has split in two: Bitcoin (BTC) and Bitcoin Cash (BCH) – with the…
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