Cryptocurrency

Bitcoin (BTC) and ether (ETH) began the trading week fairly flat, as many major financial centers around the world remained closed for the long easter weekend.“BTC and ETH showed relatively calm movement last week compared to other weeks in March, with weekly realized volatility hitting below 50%,” Jun-Young Heo, a derivatives trader at…

Panelists at global fintech company Finder have relayed a series of projections on the Cardano native token ADA. Despite the cryptocurrency’s slow growth recently, various crypto experts have predicted the price of ADA to surge to record highs soon. Cardano Expected To Rise Above $3 by 2030A recent survey of panelists at Finders has revealed the…

Concerned that computer scientist Craig Wright might attempt to evade the financial judgment levied against him after a UK court determined that he is not the creator of Bitcoin, the judge issued an order Thursday freezing a significant chunk of his assets. In a court document shared by the Bitcoin Legal Defense Fund, the “worldwide freezing…

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.Though he described…

The Bitcoin (BTC) halving in April will only be one small part of why the cryptocurrency could see phenomenal gains this year, according to multiple industry analysts.Next month, the Bitcoin halving will reduce daily BTC production by about 450 BTC from the current average daily amount of 900 BTC, investment researcher Lyn Alden told…

Hong Kong’s financial regulator, the Hong Kong Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year, according to a report from Bloomberg Intelligence.In January, Chinese asset manager Harvest Global applied for a spot bitcoin ETF and another firm,…

By Marc JonesLONDON (Reuters) - Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to the existing finance system, it has told Reuters.The move, which would be one of the most significant yet for the nascent CBDC ecosystem given…

In an intriguing twist, the co-founder of Dogecoin, Billy Markus, known for his playful and often satirical takes on the crypto industry, has made a statement that has caught the attention of the crypto community.In a whimsical call to action, Markus urged Bitcoin, the first and largest cryptocurrency by market capitalization, to reach the…

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BlackRock has registered an Ethereum trust in the American state of Delaware, which is possibly a first step toward a spot Ether (ETH) exchange-traded fund (ETF). BlackRock registered its Bitcoin (BTC) trust in June, shortly before filing with the United States Securities and Exchange Commission for a Bitcoin ETF. BlackRock has made first step…