World Liberty Financial, backed by the family of U.S. President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase’s (COIN) wrapped bitcoin, cbBTC, for rival WBTC. Wrapped bitcoin is a form of the world’s largest cryptocurrency that can…
Rich Dad Poor Dad author Robert Kiyosaki predicts bitcoin will hit $350K by 2025, emphasizing its inclusive design to build wealth even with small investments. Robert Kiyosaki, renowned author of Rich Dad Poor Dad, has reiterated his bullish stance on…
The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. The April 2024 halving, which slashed block rewards from 6.25 BTC to…
According to Bloomberg, Copper Technologies, a leading cryptocurrency custody provider supported by Barclays investment, has withdrawn its application for a crypto license in the United Kingdom. The decision follows increased scrutiny from the UK’s Financial Conduct Authority (FCA), which has…
Crypto traders initial worries about a hawkish Fed materialized Wednesday as Chairman Jerome Powell cut interest rates but expressed uncertainty about the speed and extent of future easing. And now the sentiment has deteriorated. Bitcoin’s seven-day call-put skew shows that…
Bitcoin (BTC) experienced a sharp decline today, dropping from $105,500 to $100,227 after the U.S. Federal Reserve announced a quarter-point reduction in the benchmark interest rate. The sudden market movement left many traders reeling as bitcoin’s value hovered between $100,900…
The crypto mining sector witnessed significant economic improvements in December, with mining profitability reaching its highest levels in seven months. The hashprice, a key metric for daily profitability of the publicly listed Wall Street Bitcoin Miners, increased by 5% since…
Bitget Wallet, a Web3 non-custodial wallet, has integrated the HyperEVM testnet, offering users access to the Hyperliquid platform. In a press release shared with CryptoNews, Bitget said a feature has been added to the network to their custom mainnets, users…
Crypto markets have danced to the tune of the Santa Claus rally effect eight times in the last ten years, according to an interesting report from Coingecko, penned by analyst Lim Yu Qian. The Santa Claus rally is all about…
Bitcoin mining is becoming an unexpected solution to Europe’s energy problems, according to a Forbes report. During the energy crisis, miners are helping stabilize electricity grids and use extra energy that would otherwise go to waste. Although Bitcoin mining is…