Bitcoin could see a steady price increase after its halving event on lower selling pressure and new interest in native Bitcoin-based applications.
Adedeji Owonibi, the Co-founder of A&D Forensics, a blockchain intelligence service provider, highlighted the need for Nigeria to regulate cryptocurrency activities in order to combat financial crimes, particularly money laundering.
The recently launched Bitcoin exchange-traded funds (ETFs) have reached $10 billion in assets under management (AUM) within their first month.
Bitcoin (BTC) crossed $46,000 early Friday as the CoinDesk 20 Index (CD20) jumped over 2%. This rise coincided with the start of the Chinese New Year, which is believed to be a lucky period for crypto traders.
New York Attorney General Letitia James has amplified its civil fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing.
With the introduction of bitcoin ETFs, Wall Street is entering a new era of bitcoin investments. As companies launch their own ETFs, they will need to find ways to differentiate their products.
Bitcoin surged to a new four-week high of over $44,000, driven by increased accumulation by large holders and new all-time highs in U.S. equity indices.
The Biden administration is now requiring some cryptocurrency producers to report their energy use following rising concerns that the growing industry could pose a threat to the nation’s electricity grids and exacerbate climate change.