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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier and more secure peer-to-peer (P2P) cryptocurrency transactions. The service, which allows users to transfer cryptocurrencies using simple aliases, has gone live across several exchanges in Europe and Latin America. Mastercard Launches Crypto Credential, Aiming for […]
https://news.bitcoin.com/mastercard-launches-crypto-credential-service-for-simplified-cross-border-transactions/
The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index (XBX), are currently in the planning stage and awaiting regulatory approval. NYSE and Coindesk Indices Forge New Path With Bitcoin Options Contracts The proposed New […]
https://news.bitcoin.com/nyse-partners-with-coindesk-for-bitcoin-tracking-financial-products/
The new PlayDoge ($PLAY) presale has kicked off with a bang, having raised $250K in its opening day. With the project introducing a new Play-to-Earn (P2E) game to the meme coin market, PlayDoge is well-positioned between two hot crypto narratives, hinting a successful run is on the horizon. Its native $PLAY token hosts numerous utilities, […]
https://news.bitcoin.com/is-this-the-next-big-p2e-meme-coin-playdoge-ico-starts-with-a-bang/
Ripple has announced a $25 million contribution to the pro-crypto Fairshake PAC, on top of a similar investment made last year. This funding aims to support political candidates in the 2024 elections while promoting favorable crypto policies and countering the SEC's regulatory stance.
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May has emerged as a notable month for ‘sleeping bitcoin’ transactions, with a long-dormant address, inactive for ten years and six months, awakening on May 28 to move 145.89 BTC, valued at $9.8 million. Over $109 Million in Bitcoin From 2013 Moved in May After a much quieter April, May has witnessed numerous dormant bitcoin […]
https://news.bitcoin.com/dormant-bitcoin-address-awakens-after-a-decade-moves-9-8-million-in-btc/
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and the possibility of future movements. Bitcoin Bitcoin’s 1-hour chart reveals a high of […]
https://news.bitcoin.com/bitcoin-technical-analysis-btc-shows-consolidation-phase-amid-recent-volatility/
The Dash team has announced the integration of Dash into Wizarbit, a Lithuania-regulated cryptocurrency exchange and card provider. This development allows users to purchase Dash instantly with euros at competitive rates using a credit card. Wizarbit’s unique offering includes a debit cryptocurrency card, both virtual and physical, enabling users to spend their Dash anywhere cards […]
https://news.bitcoin.com/dash-now-available-on-wizarbit-for-purchase-and-use-on-debit-cards/
Nomura, a global financial services group, Laser Digital, a digital asset-based business, and GMO Internet, the parent company of stablecoin issuer GMO-Z, have partnered to explore the issuance of U.S. dollar and yen based stablecoins in Japan. The partnership also contemplates the development of a platform to offer stablecoin issuance services to other companies. Nomura, […]
https://news.bitcoin.com/nomura-laser-digital-and-gmo-internet-partner-to-explore-the-issuance-of-stablecoins-in-japan/
The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The initiative aims to foster the development of innovative payment solutions using the digital shekel, leveraging its Application Programming Interfaces (APIs). Participants are expected […]
https://news.bitcoin.com/bank-of-israel-launches-digital-shekel-challenge/
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that Argentine companies are using cryptocurrency to protect from crippling inflation numbers. Ripio CEO Sebastian Serrano: […]
https://news.bitcoin.com/ripio-ceo-brazilian-companies-are-paying-chinese-suppliers-with-cryptocurrency/
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest. […]
https://news.bitcoin.com/ethereum-futures-open-interest-hits-all-time-high-following-etf-approvals/
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support. As the $PENGU token gains traction on the market, […]
https://news.bitcoin.com/solanas-penguiana-pengu-token-launch-on-raydium-surpasses-1m-valuation-sets-stage-for-guiana-nft-minting/
PRESS RELEASE. Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s cross-chain interoperability protocol. This significant development allows TRON ecosystem developers to seamlessly expand their applications to over 70 other networks supported by LayerZero. LayerZero […]
https://news.bitcoin.com/tron-network-officially-supported-by-layerzero/
The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline Cryptocurrency-Related Bank Transfer Requests London-based digital bank Kroo has barred its customers from […]
https://news.bitcoin.com/uk-digital-bank-blocks-clients-from-performing-crypto-transactions/
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South Korean exchanges has now climbed to 2.23%. Bitcoin Premium in South Korea Grows Bitcoin (BTC) saw […]
https://news.bitcoin.com/south-korean-bitcoin-premium-rises-to-2-23-amid-market-volatility/
PRESS RELEASE. Importance of Being SRC20: The recent report published by Universelle, covered first by bitcoin.com highlights the superiority of the SRC20 ecosystem despite being undervalued due to limited awareness. This comprehensive analysis demonstrates SRC20’s unmatched data permanence and resilience, positioning it as a superior choice over other protocols like BRC20 and Runes. For more […]
https://news.bitcoin.com/srcpad-the-powerhouse-token-redefining-src20-capabilities/
While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH Increases In the realm of decentralized finance (defi), liquid staking derivatives (LSDs) have finally recorded positive deposits after […]
https://news.bitcoin.com/liquid-staking-derivatives-see-110000-eth-inflow-over-12-days/
U.S. spot bitcoin exchange-traded funds (ETFs) saw another day of inflows on Tuesday, marking the 11th consecutive day of gains. Despite reports suggesting Blackrock’s IBIT holds more bitcoin than Grayscale’s GBTC, IBIT’s official website shows the fund still needs 322.28 BTC to surpass GBTC. While the web portal was updated on May 28, there may […]
https://news.bitcoin.com/us-bitcoin-etfs-achieve-45-million-inflows-blackrocks-ibit-still-trails-gbtc-in-btc-holdings/
PRESS RELEASE. Toronto [May 29, 2024] Blockchain Futurist Conference is coming together with Emerald, America’s largest producer of business-to-business trade shows, and their associated conferences, content and commerce, to grow the Canadian show and expand to the US Market. As Canada’s largest and longest-running Web3 event, Blockchain Futurist Conference has been a cornerstone of the […]
https://news.bitcoin.com/blockchain-futurist-conference-coming-together-with-emerald-to-elevate-canadian-show-and-expand-to-us-in-2025/
Ripple announced a $25 million contribution to Fairshake, a federal super Political Action Committee (PAC) supporting pro-crypto political candidates in the 2024 elections. This follows a similar $25 million contribution made in 2023. The investment is part of a broader industry effort to promote policies fostering financial innovation in the U.S. Ripple criticizes the Securities […]
https://news.bitcoin.com/ripple-doubles-contribution-to-fairshake-pac-to-promote-crypto-in-2024-elections/
Bitcoin Well Inc., a non-custodial bitcoin platform, has announced the integration of the Lightning Network into its platform, enabling customers in Canada to instantly sell bitcoin from any personal Lightning Wallet. Bitcoin Well’s founder & CEO, Adam O’Brien, stated that this innovation enhances the speed, security, and cost-effectiveness of selling bitcoin, making it more user-friendly […]
https://news.bitcoin.com/bitcoin-well-launches-payments-via-lightning-network-in-canada/
PRESS RELEASE. Singapore, May 29, 2024 – To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network. From 00:00 (UTC) June 25, 2024, the daily rewards for storage miners on the BTFS network will be […]
https://news.bitcoin.com/halving-of-btfs-storage-rewards/
The South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study and will release a report once it is satisfied with the progress made in […]
https://news.bitcoin.com/south-african-central-bank-opts-against-publishing-cbdc-study-findings/
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names “King Odua” and “Alagbada726,” converting cryptocurrencies to traditional currency. Sentencing is scheduled for August. The jury […]
https://news.bitcoin.com/us-jury-convicts-two-in-8m-crypto-linked-dark-web-drug-scheme/
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will […]
https://news.bitcoin.com/tokyo-listed-metaplanet-to-buy-additional-bitcoin-for-its-treasury/
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly presented to shareholders. Riot asserts that the acquisition will establish a vertically integrated, geographically […]
https://news.bitcoin.com/riot-proposes-acquisition-of-bitfarms-to-create-the-worlds-largest-publicly-listed-bitcoin-miner/
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral activity. Conversely, Blackrock’s IBIT saw inflows on most of the ten trading days. Blackrock’s IBIT and Grayscale’s GBTC Neck and Neck in […]
https://news.bitcoin.com/blackrocks-ibit-nears-grayscales-gbtc-in-bitcoin-reserves/
The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency. In a recent post on its official X page, the Nigerian anti-graft agency urged residents to respect the naira and avoid ridiculing it. The EFCC […]
https://news.bitcoin.com/spraying-naira-notes-causes-depreciation-warns-nigerian-anti-graft-body/
PRESS RELEASE. Road Town, BVI, May 28, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Artdollar (AD) on May 28, 2024. Users of LBank Exchange can brace themselves for the AD/USDT trading pair, which went live already. […]
https://news.bitcoin.com/artdollar-ad-is-now-available-for-trading-on-lbank-exchange/
Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful political influence campaign and operating an unlicensed money transmitting business. Salame, who once […]
https://news.bitcoin.com/former-ftx-executive-ryan-salame-sentenced-to-7-5-years-for-criminal-charges/