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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
The Bitcoin market has entered a state of 'equilibrium,' with a notable decline in speculative activity and investor enthusiasm, according to Glassnode's latest report. This shift suggests a more stable phase in the cryptocurrency landscape as volatility decreases.
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The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in market volatility. Glassnode Analysis Shows Bitcoin Market Entering a Tranquil Phase Amid Decline in Speculative Activity […]
https://news.bitcoin.com/bitcoin-market-reaches-equilibrium-as-speculation-declines-glassnode-reports/
There’s a new meme coin making waves, and it’s caught the attention of industry experts. Crypto All-Stars (STARS) is trying to break the mold of typical meme tokens. Instead of just depending on a cute mascot, it’s aiming to bring something fresh to the table – a unique staking platform called the “MemeVault.” MemeVault – […]
https://news.bitcoin.com/crypto-expert-says-this-meme-coin-could-be-the-best-buy-for-the-next-bull-run/
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s Difficulty Jumps as Earnings Dwindle Bitcoin’s difficulty ticked up […]
https://news.bitcoin.com/bitcoins-latest-difficulty-rise-challenges-miners-already-facing-revenue-slump/
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong’s tokenization market. Testing Tokenized […]
https://news.bitcoin.com/hong-kong-regulator-launches-sandbox-to-test-tokenized-asset-transactions/
Decideai, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully onchain via the Internet Computer (ICP) blockchain. This development leverages ICP’s capabilities to support complex, compute-intensive applications, allowing Web3 developers to build, train, and improve specialized LLMs. The project aims to enhance AI training and […]
https://news.bitcoin.com/fully-onchain-ai-model-deployed-on-internet-computer-icp-blockchain/
A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent an extortion email on Nov. 25, 2023, claiming to have locked out or deleted the company’s IT administrators from its computer network and deleted server […]
https://news.bitcoin.com/missouri-man-arrested-for-extorting-former-employer-with-bitcoin-ransom/
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. Cybercapital […]
https://news.bitcoin.com/cybercapital-founder-justin-bons-l2s-are-parasitic-to-ethereum/
A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto market and attract foreign investors. The CSOs believe a regulatory framework specifically designed for cryptocurrency trading […]
https://news.bitcoin.com/nigerian-civil-society-groups-praise-crypto-tax-proposal/
Crypto exchange Coinbase supports the Australian government’s Scams Awareness Week, emphasizing the importance of consumer education to combat fraud. Coinbase APAC’s managing director offered tips for investors to protect themselves from scams, such as verifying URLs and using two-factor authentication. “Unfortunately, bad actors have been around for centuries and are not going away anytime soon,” […]
https://news.bitcoin.com/coinbase-shares-tips-to-protect-from-crypto-scams/
Telegram founder Pavel Durov was reportedly scheduled to dine with French President Emmanuel Macron on the day he was arrested, sparking controversy. French authorities detained Durov, and reports indicate that he had informed them about the planned meeting. The allegations led to a political backlash, with accusations against Macron for stifling free speech. Did Macron […]
https://news.bitcoin.com/outrage-grows-over-macrons-alleged-dinner-invite-luring-durov-to-france-on-arrest-day/
Telegram’s founder and CEO, Pavel Durov, is still in hot water in France, facing multiple criminal charges linked to activities on his messaging platform. The French court reportedly set his bail at €5 million, and he’s now prohibited from leaving the country. French Authorities Charge Telegram CEO Durov After Durov was taken into custody last […]
https://news.bitcoin.com/france-charges-telegrams-pavel-durov-sets-bail-at-e5-million/
Crypto trading platform Crypto.com has integrated Paypal as a payment method for U.S. users to buy cryptocurrencies, enabling transfers between Paypal and Crypto.com wallets. “Further integrating traditional and digital payment capabilities is critical to the continued mainstreaming of cryptocurrencies,” said Crypto.com’s president. Crypto.com Integrates Paypal for Crypto Purchases Cryptocurrency trading platform Crypto.com announced on Wednesday […]
https://news.bitcoin.com/crypto-com-adds-paypal-as-payment-option-in-us-for-crypto-purchases/
The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report information on reportable users’ transactions. Penalties are proposed for non-compliance by CASPs and […]
https://news.bitcoin.com/new-zealand-seeks-to-adopt-oecds-crypto-asset-reporting-framework/
The crypto market is heating up as PlayDoge (PLAY) nears the end of its presale. This new meme coin has raised over $6.3 million and is attracting investors’ attention with its Play-to-Earn (P2E) angle. With just one day left to participate in the presale, investors are jumping at the chance to buy PLAY tokens while […]
https://news.bitcoin.com/new-crypto-launch-to-watch-playdoge-goes-live-tomorrow-last-chance-to-invest/
A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction of crypto exchange-traded funds (ETFs) and a BTC rally surpassing $70,000. […]
https://news.bitcoin.com/study-bitcoin-millionaires-up-by-111-crypto-users-reach-560-million/
On Thursday, former President Donald Trump posted a video on X, where he announced his intention to chart a course for making the United States the “crypto capital of the planet.” As the video concludes, the logo of World Liberty Financial, a decentralized finance (defi) project founded by Trump’s sons, prominently appears. Trump Claims to […]
https://news.bitcoin.com/trump-set-to-share-bold-vision-turning-the-us-into-the-crypto-capital-of-the-planet/
On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $5.84 million in inflows. Spot Bitcoin ETFs Face $105M Outflow, Ethereum ETFs Bounce Back The biggest hit among spot bitcoin ETFs was ARKB, which saw a loss of $59.27 million. […]
https://news.bitcoin.com/bitcoin-etfs-lose-105m-in-outflows-as-ether-etfs-snap-losing-streak/
Sanctor Capital is a sanctuary where bright minds can find the support they need to maximize their impact on the industry. They have a long successful track record of guiding early-stage projects to Web3 market success. Ilya Abugov is a Partner at Sanctor Capital, a blockchain investment firm. He recently joined the Bitcoin.com News Podcast […]
https://news.bitcoin.com/navigating-the-web3-gaming-frontier-insights-from-ilya-abugov-of-sanctor-capital/
B2BROKER, a developer of the advanced copy trading platform B2COPY, has recently integrated its B2COPY platform with Spotware’s cTrader, the premium and first Open Trading Platform™. This integration enables cTrader’s brokers and traders to leverage both the platform’s and B2COPY’s innovative features for an elevated and more effective copy trading experience. B2COPY for cTrader: Expanding […]
https://news.bitcoin.com/b2brokers-b2copy-fully-integrates-with-spotwares-ctrader/
The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, […]
https://news.bitcoin.com/lightning-network-protocol-stacks-completes-nakamoto-upgrade-with-defi-features/
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company said. Located in the Pennsylvania-New Jersey-Maryland (PJM) grid, the site offers low-cost, flexible power ideal […]
https://news.bitcoin.com/bitfarms-takes-control-of-its-first-us-mega-site-to-expand-bitcoin-mining-capacity/
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth optimization. Solana Restaking Project Solayer Attracts $12 Million Investment According to […]
https://news.bitcoin.com/solayer-secures-12-million-to-enhance-solanas-restaking-capabilities/
The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry from exploitation by North Korea (DPRK) and disrupting its revenue generation. The event aimed to curb DPRK’s efforts to fund its weapons of mass destruction […]
https://news.bitcoin.com/40-nations-join-us-and-south-korea-in-combating-north-korean-crypto-crimes/
Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited […]
https://news.bitcoin.com/donald-trump-launches-4th-nft-collection-featuring-him-holding-bitcoin-says-they-call-me-crypto-president/
The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it could negatively impact innovation and creators’ livelihoods. The platform is prepared to contest the action and has committed $5 million to support NFT creators facing […]
https://news.bitcoin.com/sec-issues-wells-notice-to-opensea-alleging-nfts-on-the-marketplace-are-securities/
Binance CEO Richard Teng has said that Tigran Gambaryan, a former U.S. federal agent working for Binance, has been unjustly detained in Nigeria for six months. Teng reiterated claims that Gambaryan’s physical and mental health has deteriorated significantly while in detention. The CEO criticized the Nigerian government’s justification for detaining Tigran as baseless. He also […]
https://news.bitcoin.com/binance-ceo-calls-nigerias-detention-of-tigran-gambaryan-unjust/
Coinflip has officially launched its cryptocurrency ATMs across Mexico, marking a significant expansion in its services. The introduction of these digital currency kiosks is set to enhance access to cryptocurrencies for users in the region.
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Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian market in 2022. Coinflip Introduces Digital Currency Kiosks in Mexico Coinflip, a U.S.-based digital currency platform, has introduced its crypto ATM […]
https://news.bitcoin.com/coinflip-expands-cryptocurrency-atm-services-to-mexico/
A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says Weak Global Bitcoin Demand Persists Cryptoquant‘s report details how bitcoin’s price […]
https://news.bitcoin.com/cryptoquant-report-reveals-faltering-global-bitcoin-demand-despite-recent-spike/