As the 2024 presidential election approaches, the cryptocurrency landscape is poised for significant change depending on the policies and ideologies endorsed by the candidates. Alex Thorn, the head of research at Galaxy Digital, has put forth a ‘policy scorecard’ that evaluates the positions of leading candidates on key issues affecting the crypto industry. In doing
Bitcoin
In a defining moment for the Australian cryptocurrency landscape, Monochrome Asset Management is set to debut the nation’s first-ever spot Ethereum exchange-traded fund (ETF) on the Cboe exchange. The Monochrome Ethereum ETF, known by its ticker symbol IETH, is scheduled to commence trading on October 14, following the green light given to similar products in
As the cryptocurrency market navigates the complex waters of October, investors are left pondering whether Bitcoin will experience a surge in volatility or continue its trend of lackluster performance. Analyst CrypNuevo recently voiced optimism for the upcoming week, suggesting that despite the tumultuous price action, a positive shift in BTC’s trajectory is on the horizon.
In an unprecedented legal battle, a man is pursuing nearly £500 million ($646.4 million) from Newport Council in an attempt to retrieve 8,000 Bitcoin (BTC) he alleges were lost during a hard drive disposal incident back in 2013. James Howells, the plaintiff, claims that a simple mix-up led to his hard drive being thrown away
As the US presidential election approaches, the political terrain is growing increasingly complex, with significant implications for the cryptocurrency sector. With only days remaining, analysts have noted a pivotal shift in prediction markets favoring Republican candidate Donald Trump—an individual whose agenda resonates more closely with crypto advocates. This shift not only reflects public sentiment but
The cryptocurrency market recently experienced a welcome lull, stabilizing at a total market capitalization of approximately $2.29 trillion. This pause in volatility presents an intriguing juxtaposition to the significant price fluctuations that have characterized the market in recent months. On most weekends, trading volumes tend to diminish, leading to flattening price movements, and this weekend’s
Marat Tambiyev, once a prominent figure within Russia’s Investigative Committee, has been sentenced to 16 years in prison for his involvement in a monumental bribery case. This case shines a light on the intertwining worlds of law enforcement and cybercrime, as Tambiyev accepted an astounding bribe of 1,032 bitcoins, valued at approximately $65 million, from
In a significant turn of events, Bitcoin’s price surged past the $63,000 mark, peaking at an impressive $63,400 before settling around $62,700—still reflecting a solid 4% increase within just 24 hours. This rapid movement places Bitcoin in a favorable position compared to its cryptocurrency peers, which have only experienced marginal gains during the same period.
In the evolving landscape of cryptocurrency, stablecoins are expressing remarkable dynamics that are positively influencing the broader market. Recent data indicates that the combined market capitalization of major USD-backed stablecoins has surged to approximately $169 billion, reflecting an impressive 31% increase, or $40 billion, since the year commenced. This uptick in stablecoin valuation is vital
Bitcoin has once again captured the attention of both seasoned investors and newcomers alike, having reclaimed the psychological barrier of $62,000. This resurgence demonstrates a robust recovery following a dip to approximately $58,000 earlier this week. As volatility continues to play a significant role in the cryptocurrency landscape, analysts suggest that a bullish phase might