In a significant move that reflects the evolving landscape of cryptocurrency, Coinbase has announced the discontinuation of Wrapped Bitcoin (WBTC) trading pairs on both its exchange and Prime platforms effective December 19. This decision underscores the challenges that WBTC faces in meeting the rigorous standards imposed by the exchange. While users will retain the ability
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Heather Morgan, famously known in the rap world as “Razzlekhan,” has recently been sentenced to 18 months in prison for her involvement in a significant money laundering scheme connected to the notorious 2016 Bitfinex hack. Morgan and her husband, Ilya Lichtenstein, were embroiled in a conspiracy that siphoned approximately 120,000 Bitcoins, valued at $71 million
In a landscape where the intersection of technology and politics continually evolves, the anticipated private meeting between Brian Armstrong, CEO of Coinbase, and President-elect Donald Trump has captured the interest of both the cryptocurrency community and political analysts. As reported by the Wall Street Journal, this engagement is reportedly initiated by Trump’s transition team and
In an unprecedented move, Major Jason Lowery of the U.S. Space Force is seeking to bridge the divide between cryptocurrency and national security. His application to serve as a military advisor on the National Security Council (NSC) and the White House Office of Science & Technology Policy (OSTP) has sparked discussions about the implications of
The cryptocurrency landscape has witnessed remarkable fluctuations, particularly within the realm of meme coins, which have become wildly popular among investors. Recently, Bonk (BONK), a Solana-based meme currency, has captured attention with its meteoric rise in value, reaching a new all-time high. While traditional investors might advise caution, the enthusiasm from the crypto community surrounding
In an ambitious step towards enhancing its cryptocurrency investments, Tokyo-based Metaplanet has taken a bold move by announcing a new debt issuance. This decision, revealed during a Board of Directors meeting on November 18th, 2024, reflects a strategic alignment with current trends in corporate treasury management, particularly those observed in the cryptocurrency sphere. Metaplanet plans
A recent analysis by crypto expert Trader Tardigrade has shed light on a positive bullish pennant formation in the Bitcoin price chart, suggesting that significant upward momentum may be on the horizon. This pattern is particularly intriguing as it traditionally indicates a potential continuation of an upward trend following a minimal phase of consolidation. Trader
The upcoming Polish presidential elections in May 2025 have taken a significant turn with the announcement from Sławomir Mentzen, a 37-year-old libertarian politician and the leader of the New Hope party. His recent pivot toward cryptocurrency, especially his proposal for a “Strategic Bitcoin Reserve,” underscores a growing trend in global politics where digital assets are
The cryptocurrency market has showcased a notable resilience over the weekend, with Bitcoin holding its ground above the $90,000 threshold. With its price hovering just below the $92,000 mark, Bitcoin is once again rallying, eyeing a potential breakout that could challenge its all-time highs. This stable movement comes as Bitcoin’s total market capitalization eclipses $3.2
The U.S. presidential elections last week spurred a remarkable shift in the cryptocurrency markets, particularly with spot Bitcoin and Ethereum ETFs. Initially marked by hesitancy in investment, the post-election landscape unveiled a turnaround, with Bitcoin ETFs experiencing a surge in demand that saw inflows exceeding $5 billion in just a week. This substantial influx highlights