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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and the Digital Operational Resilience Act (DORA), will only begin to unfold in 2025. To delve deeper into these […]
https://news.bitcoin.com/2025-eu-crypto-landscape-micar-trf-and-dora-explained/
Unbound Fund has announced a new opportunity for individuals to acquire Portuguese/EU citizenship by indirectly holding bitcoin worth about $542,000 (€500,000). The fund is said to be the first of its kind to be eligible for the Golden Visa, providing exposure to bitcoin. Unbound Fund’s features include 100% passive bitcoin holding, investment in Blackrock ETFs […]
https://news.bitcoin.com/unbound-fund-offers-a-new-path-to-eu-citizenship-with-bitcoin-investment/
Kamala Harris, Vice President of the U.S. and favorite to be nominated as a Democratic candidate for the presidency, is mulling making an appearance at the upcoming Bitcoin 2024 Conference where former President Donald Trump will also appear. David Bailey, CEO of BTC Inc., the institution behind the event, stated they were in talks to […]
https://news.bitcoin.com/us-vice-president-kamala-harris-reportedly-mulling-bitcoin-2024-conference-appearance/
A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a large-scale energy supplier with Marathon, which had agreed not to bypass him. However, Marathon circumvented Ho and engaged directly with […]
https://news.bitcoin.com/marathon-digital-ordered-to-pay-138m-for-contract-breach/
Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen ($6.4 million) bitcoin purchase plan, which was initially disclosed on June 24. With this final purchase, Metaplanet’s total bitcoin holdings now stand at 245.992 BTC. […]
https://news.bitcoin.com/tokyo-stock-exchange-listed-metaplanet-completes-1-billion-yen-bitcoin-purchase/
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more companies in the industry are waiting to enter the […]
https://news.bitcoin.com/paraguays-president-dismisses-complaints-about-power-fee-hikes-from-bitcoin-mining-companies-asserts-high-interest-remains/
Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds about 200,000 units of bitcoin so the United States is the largest holder of bitcoin, and so they could easily just move that over to […]
https://news.bitcoin.com/us-government-could-hold-bitcoin-as-reserve-asset-diam-ceo-explains/
A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that a sharp uptick in ethereum price from the ether ETFs could lead […]
https://news.bitcoin.com/altcoin-resurgence-expected-if-ether-etfs-drive-sharp-uptick-in-eth-says-two-primes-blume/
Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary policy. Stonex Analyst Rhona O’Connell: Gold Poised for Gains Amid U.S. Political and Economic Changes In recent weeks, […]
https://news.bitcoin.com/stonex-bullions-analyst-predicts-gold-increase-due-to-heightened-political-confusion/
Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to approximately $3,406 by 12:55 p.m. in the afternoon. Ether’s Bearish Sentiment Dominates Trading Day Amid ETF […]
https://news.bitcoin.com/ethereum-market-stagnation-marks-tepid-trading-day-despite-etf-launch/
On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily verify the firm’s net assets. Bitwise Leads in Transparency by Publishing Ethereum ETF Addresses At 7:50 a.m. EDT on Tuesday, […]
https://news.bitcoin.com/bitwise-reveals-ens-subnames-for-ethereum-etf-reserve-wallets/
Following U.S. President Joe Biden’s withdrawal from the 2024 election, many Americans are curious about his whereabouts since he has not spoken to the nation following his letter posted to X on Sunday. On Tuesday, a Polymarket bet is predicting whether Biden will “make an appearance today” after his campaign resignation. The betting odds on […]
https://news.bitcoin.com/speculation-grows-on-joe-bidens-whereabouts-polymarket-bets-57-chance-of-tuesday-address/
Solana meme coins are back in the headlines again, with new tokens making notable gains throughout the week. $TEA, the latest entry in this niche market, is making quite the impression with over three million community members and significant presale success within just a month of its launch. The popularity of $TEA has exploded in […]
https://news.bitcoin.com/solana-meme-coin-tea-is-brewing-success-with-unique-staking-and-swap-features/
Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows On Monday, U.S. spot bitcoin ETFs attracted $533.57 million, the highest […]
https://news.bitcoin.com/us-spot-bitcoin-etfs-see-record-533-57m-inflows-ahead-of-ether-etf-launch/
PRESS RELEASE. 23rd July, 2024 – Mhaya Brands is thrilled to announce the launch of the ‘Monopoly Mhaya’ airdrop, a revolutionary project poised to transform users into blockchain ‘tycoons’ through relentless clicking and the pursuit of profit. Since its debut on Telegram in July 2024, ‘Monopoly Mhaya’ has taken the platform by storm, attracting a […]
https://news.bitcoin.com/why-the-monopoly-mhaya-airdrop-is-a-massive-opportunity/
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies, combined with its innovative banking solutions, continues to disrupt the financial sector, underscoring […]
https://news.bitcoin.com/crypto-friendly-revolut-targets-45-billion-valuation-in-upcoming-share-sale/
The 99Bitcoins Token (99BTC) presale is heating up. With over $2.5 million raised, investors are jumping in left and right before the final price increase on July 30th. And with a DEX listing also on the horizon, the countdown is on for those wanting to snag 99BTC at the lowest possible price. Last-Minute Rush for […]
https://news.bitcoin.com/final-99bitcoins-token-presale-stage-nears-as-2-5m-milestone-prompts-last-minute-rush/
The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs meeting, will see the first transfer of funds […]
https://news.bitcoin.com/eu-to-send-ukraine-1-4-billion-euros-from-frozen-russian-assets/
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300 million. Institutional Investment Advances Bitlayer’s Bitcoin L2 Development Bitlayer […]
https://news.bitcoin.com/bitlayer-secures-11m-in-series-a-funding-led-by-franklin-templeton-and-abcde/
A multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of the beneficiaries, finding that most of the money was spent on basic needs. The study, which gave $45 million to thousands of Americans, also determined that the stipend increased the ability and willingness of recipients […]
https://news.bitcoin.com/sam-altman-sponsored-study-found-ubi-increases-spending-on-basic-needs-and-philanthropy/
A survey by the All-Russian Public Opinion Research Center reveals high awareness of cryptocurrency among Russians but limited knowledge of the Telegram game Hamster Kombat. Despite 87% being aware of cryptocurrency, only 42% know of Hamster Kombat. The game’s popularity is mainly among young, tech-savvy Telegram users, with a significant gap between awareness and active […]
https://news.bitcoin.com/87-of-russians-aware-of-cryptocurrency-42-familiar-with-hamster-kombat-survey-shows/
Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and other assets. He forecasts gold will rise from $2,400 to $3,300 an ounce, silver from $29 to $79 an ounce, and bitcoin from $67,400 to […]
https://news.bitcoin.com/robert-kiyosaki-forecasts-105000-bitcoin-and-3300-gold-if-trump-wins/
Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with local dealers preparing for regulatory changes, while in China, discounted prices reached […]
https://news.bitcoin.com/asian-markets-cashed-out-during-recent-gold-rally/
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit Opportunities Fund (SCOPE) available to a wider range of investors. Hamilton Lane Leverages Solana for […]
https://news.bitcoin.com/multi-billion-dollar-asset-manager-hamilton-lane-pioneers-private-credit-fund-launch-on-solana/
The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out of nine ether ETFs. Gabor Gurbacs, founder of Pointsville and former strategy […]
https://news.bitcoin.com/single-entity-risk-questioned-as-coinbase-dominates-eth-and-btc-etf-reserve-storage/
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India. Industry leaders emphasize the need for ongoing dialogue with regulators to foster a supportive environment […]
https://news.bitcoin.com/india-maintains-crypto-tax-regulations-in-2024-25-budget/
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian rupee (INR) funds are secure and that efforts to recover the […]
https://news.bitcoin.com/wazirx-claims-inr-funds-unaffected-by-cyberattack-platform-secure/
Nayib Bukele's recent policy in El Salvador aims to combat inflation by introducing a controversial import duty exemption for over 116 basic products, a move that could benefit consumers in the short term but poses risks to local producers. Additionally, Bukele is promoting his "Bean of Fire" coffee brand by offering free coffee to businesses, further intertwining economic strategy with local entrepreneurship.
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The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s platform, choose a vice-presidential candidate with expertise in digital asset policy, and engage with industry leaders. Digital Chamber […]
https://news.bitcoin.com/kamala-harris-urged-to-embrace-digital-assets/
NPC Labs, an onchain product distribution platform founded by former members of Base, has successfully raised $18 million in a Seed Round led by Pantera Capital. The funding round saw participation from prominent investors such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle Ecofund. This latest funding round brings the total […]
https://news.bitcoin.com/npc-labs-secures-18-million-in-seed-round-to-bring-gamefi-to-non-crypto-native-users/