The Democratic People’s Republic of Korea (DPRK)-backed hackers have stolen at least $659 million in 2024 through various crypto heists. The USA, Japan and South Korea released a joint statement Tuesday, detailing North Korea-linked crypto thefts and their targeted entities.…
Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy’s largest bank by assets, Intesa Sanpaolo, has bought 11 BTC for over $1 million, according to a Reuters report. Reuters saw an internal message that said, “As…
The stateside demand for regulated crypto products is real. The U.S. SEC-approved options tied to BlackRock’s spot bitcoin (BTC) exchange-traded fund (IBIT), which debuted on Nov. 19, are already almost half the size of Deribit’s eight-year-old bitcoin options market. On…
Bitcoin and Ether options trading platform Deribit is reportedly working with a financial adviser to explore strategic acquisition opportunities. The platform has received acquisition offers from interested investors, a Bloomberg report noted. Deribit has hired Financial Technology Partners (FT Partners)…
The pressing question on crypto traders’ minds is: Has bitcoin’s (BTC) price weakness run its course, or is there more to come? The former appears to be the case as Monday’s price action, characterized by a swift recovery from intraday…
One of the largest investment companies in the world with more than $2.3 trillion in assets under management, Los Angeles-based Capital Group has become one of the biggest shareholders in Metaplanet. Based in Japan, Metaplanet was a hotel industry investor…
Disclaimer: The analyst who co-wrote this piece owns shares of MicroStrategy (MSTR) and Semler Scientific (SMLR). Michael Saylor’s MicroStrategy (MSTR) has increased its bitcoin (BTC) holdings for the tenth consecutive week. In the week ending Jan. 12, MicroStrategy purchased 2,530…
New records continue to be set in the bitcoin (BTC) ecosystem, which has seen the mining difficulty adjustment rise to a new all-time high of 110.45T (trillion). 110.45 trillion means that the difficulty is approximately 110.45 trillion times harder than…
JPMorgan CEO Jamie Dimon has criticized Bitcoin again, claiming it has no intrinsic value and is often misused by bad actors. He also compared Bitcoin to smoking, saying people may have the right to do it, but that doesn’t make…
Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate cuts following Friday’s strong jobs report. The leading cryptocurrency by market value dipped below $93,000 during the European…