Cryptocurrency

Comment on this storyCommentAdd to your saved storiesSaveU.S. Deputy Treasury Secretary Wally Adeyemo on Friday will warn cryptocurrency firms against allowing their platforms to be used to finance terrorist organizations, as scrutiny mounts of how Hamas may have used digital currency to fund its attack on Israel.In a speech at London’s Royal…

Ethereum rallied on Tuesday, as founder Vitalik Buterin confirmed a part of the “Merge” event was commencing today. In a tweet he stated: “What’s happening today is the Bellatrix hard fork, which prepares the chain for the merge.” Bitcoin was also higher, as it traded near $20,000. Bitcoin Bitcoin (BTC) briefly rose above $20,000 on…

Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead won't be without challenges.In an interview with Bloomberg on November 16, Belshe explained that based on the discussions…

3:59 p.m. ET, October 30, 2023 SBF's answers remain ambiguous…

The price of Bitcoin BTC has struggled to hold above $24,700 against Tether (USDT) after being rejected from that region.  Bitcoin in recent times has shown bullish signs after rallying to the $24,000 mark, with many investors speculating this could be the start of the bull run. The price of BTC was rejected from $25,200 and has struggled to…

Singapore will be piloting the live issuance and use of wholesale central bank digital currencies next year, said the city-state's central bank."I'm pleased to announce that MAS will pilot the live issuance of wholesale CBDCs to instantaneously support payments across commercial banks here," said Ravi Menon, managing director of the Monetary…

A new initiative has been launched by the United States Secret Service in an effort to raise awareness and prevent people from falling for "pig butchering" scams in the city of Philadelphia. The new effort is called "Operation Crypto Guard" and will be focused on financial scams in which criminals convince someone to join them…

A widely followed crypto analyst and trader is expressing short-term bearish sentiment for the leading digital asset Bitcoin (BTC). Pseudonymous analyst SmartContracter tells his 210,600 Twitter followers that Bitcoin is set to hit a new low, after which it will spark a rally. “On the lower time frames, I think we have at least…

Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during Friday’s Jackson Hole summit. Powell warned that “there will be some pain ahead,” as the Fed attempts to bring the rate of inflation down. Ethereum was below $1,500 on Saturday. Bitcoin Bitcoin (BTC) was…

Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid.In a Friday announcement, Core Scientific said its month-over-month Bitcoin production had increased from 1,106 in June to 1,221 in July — roughly 10.4%. The…