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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
Solana validators have voted to pass Solana Improvement Document number 96 (SIMD-0096), which proposes that 100% of priority transaction fees will be awarded to validators. This breaks the current model that passes only 50% of these funds to validators, while the other half gets burned. According to early estimations, this will increase inflation by 4.6% […]
https://news.bitcoin.com/solana-passes-proposal-to-assign-100-of-priority-fees-to-validators/
It’s been another volatile 24 hours in the meme coin market. Dogwifhat (WIF) and Bonk (BONK) have cooled off from their recent rallies as traders opted to take profits. Meanwhile, the new seal-themed token Sealana (SEAL) is in the spotlight after passing the $3 million milestone in its limited-time presale phase. WIF Takes a Breather, […]
https://news.bitcoin.com/dogwifhat-bonk-prices-pull-back-but-sealana-presale-hits-3m-mark/
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy in 2020, another company has reportedly begun holding bitcoin on its […]
https://news.bitcoin.com/medical-tech-firm-semler-scientific-invests-in-bitcoin-acquires-581-btc/
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache reveals that the funds have been allocated […]
https://news.bitcoin.com/mt-gox-moves-141686-btc-to-three-addresses-consolidates-142846-bch/
The Financial Intelligence Centre (FIC) in South Africa has issued a directive tightening regulations on crypto asset transfers.
This follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority, aiming to enhance the detection of illegal transactions while raising concerns over data privacy and centralization.
The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding Bitcoin’s Impact on the Financial System The Zurich University of Applied Sciences (HWZ), a Swiss institution, has said it is […]
https://news.bitcoin.com/swiss-university-introduces-16-day-bitcoin-course-critics-question-exorbitant-fee/
PRESS RELEASE. On April 21st, MetaToken, a casino project on Ethereum and TON, announced the successful closure of its private funding round. The project attracted $5 million in just one week, establishing itself as a powerful new player and highlighting the growing interest in innovative gaming platforms. Now the project is in the presale stage […]
https://news.bitcoin.com/from-web3-casino-to-vr-gambleverse-metatoken-successfully-closes-5-million-private-round/
David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national debt problem. During an X space on Sunday night, Bailey revealed that the first time he met Trump, he asked if Bitcoin could do anything […]
https://news.bitcoin.com/trump-inquired-if-bitcoin-could-aid-in-solving-the-35-trillion-us-national-debt-problem/
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest crypto exchanges increased by 16.4%, reaching 104.6 million visits. Russian Share of Global Traffic […]
https://news.bitcoin.com/russian-traffic-to-global-crypto-exchanges-surges-central-bank-warns-of-western-sanctions-risk/
Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC might be good for Bitcoin. In “What Bitcoin Did,” Peter McCormack’s podcast, Saylor stated this approval gives rise to a crypto asset class, including several use cases like tokens, NFTs, and defi, with Bitcoin at […]
https://news.bitcoin.com/microstrategys-michael-saylor-states-spot-ether-etf-approval-may-be-better-for-bitcoin/
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday morning, according to crypto analytics firm Arkham’s onchain tool. The bulk of Trump’s holdings, $7.3 million, is in the TRUMP coin. Trump has pledged to support the crypto industry, promising to halt President Joe Biden’s anti-crypto initiatives and protect bitcoin. […]
https://news.bitcoin.com/donald-trumps-crypto-holdings-top-10-million-arkham-says/
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether ethereum should be classified as security or not,” said […]
https://news.bitcoin.com/jpmorgan-doubts-sec-will-approve-solana-or-other-crypto-etfs/
On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested by onchain sleuth Zachxbt. Prior to the hack, an address linked to CAT’s team used funds from a manipulated token launch to open long positions in ORDI and ETHFI, accumulating over $30,000 […]
https://news.bitcoin.com/gcrs-hack-possibly-tied-to-solanas-cat-coin-team-onchain-sleuth-zachxbt-reports/
Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance) funds, Bernstein notes that attention is expected to shift towards cryptocurrency as a significant driver of hypergrowth. According to Bernstein, there will […]
https://news.bitcoin.com/bernstein-predicts-crypto-arms-race-among-asset-managers/
PRESS RELEASE. Apu Apustaja, a new memecoin making waves in the industry, has announced impressive support from its rapidly growing community, including over 11,650 coin holders and more than 13,000 Telegram channel members. Leading a revolution in the sector, which sees frog memecoins replacing dog-themed coins. Behind its sudden surge in popularity are a highly […]
https://news.bitcoin.com/apu-memecoin-soars-reaching-11600-token-holders-with-strong-community-support/
Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s Following a significant drop post-halving, much of the hashrate has returned to the […]
https://news.bitcoin.com/bitcoin-hashrate-hits-record-high-surpasses-pre-halving-levels/
Dogwifhat (WIF) and Bonk (BONK) have cooled off from their recent rallies as traders opted to take profits.
Meanwhile, the new seal-themed token Sealana (SEAL) is in the spotlight after passing the $3 million milestone in its limited-time [...]
https://news.bitcoin.com/dogwifhat-bonk-prices-pull-back-but-sealana-presale-hits-3m-mark/
Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a continuous three-week rise, signaling strong investor confidence and a landmark year for digital assets. Bitcoin Leads Digital Asset Inflows Coinshares‘ […]
https://news.bitcoin.com/record-breaking-inflows-digital-assets-surge-as-investment-products-hit-new-highs/
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest Layer 2 networks on Ethereum, […]
https://news.bitcoin.com/aave-network-set-to-launch-following-aave-v4-protocol/
https://news.bitcoin.com/riding-a-wave-of-positive-news-crypto-markets-turn-bullish__trashed/
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In a series of positive developments, the cryptocurrency market appears to be entering a bullish phase, marked by significant regulatory approvals and an apparent shift in political relevancy. The U.S. Securities and Exchange Commission’s unexpected approval of spot ether ETFs, coupled with former President Donald Trump’s pro-crypto stance and pledges, signals a growing acceptance and […]
https://news.bitcoin.com/riding-a-wave-of-positive-news-crypto-markets-turn-bullish/
In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update on the recent situation. He assured followers that “everything is fine with MtGox” and revealed that the trustee is currently moving coins to a different wallet in preparation for a distribution that is expected […]
https://news.bitcoin.com/former-mt-gox-ceo-mark-karpeles-assures-no-imminent-bitcoin-sale-everything-is-fine/
The price of bitcoin (BTC) fell sharply after Mt. Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt. Gox’s first bitcoin transfers in five years. So far the transactions total at least $9 billion worth of bitcoin. Bitcoin’s value dropped below […]
https://news.bitcoin.com/crypto-markets-spooked-as-mt-gox-moves-over-9b-in-bitcoin/
The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC aims to tighten regulations by requiring CASPs to implement more detailed and stricter requirements for digital transactions. The directive’s […]
https://news.bitcoin.com/south-africas-regulator-tightens-rules-for-crypto-asset-transfers-via-latest-directive/
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF placed Turkey on its “grey list” due to inadequate oversight of […]
https://news.bitcoin.com/turkish-parliament-committee-to-review-crypto-bill-this-week/
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks. He predicts that gold prices could reach $5,000 to $7,000 per ounce, supported by unprecedented central bank purchases, […]
https://news.bitcoin.com/analyst-predicts-prolonged-and-substantial-gold-bull-market-eyes-7000-price/
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the second between these two institutions and hints at a possible regulation agreement between the two countries. […]
https://news.bitcoin.com/argentine-officials-met-with-salvadoran-regulators-to-discuss-bitcoin-adoption-and-regulation/
The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar Liquidations Bitcoin (BTC) is up 2.1% today and 3% over the past seven days. The price has also risen […]
https://news.bitcoin.com/bitcoin-breaks-70k-barrier-leading-to-27-75m-in-liquidations/
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more challenging to keep deficits and interest expense under control,” Yellen told Bloomberg […]
https://news.bitcoin.com/us-treasury-secretary-yellen-warns-of-challenges-in-controlling-deficits-and-interest-expense/
Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain scheduled for July. Dabba’s Depin Initiative Targets India with 10,000 Wifi Hotspots The initiative, dubbed season […]
https://news.bitcoin.com/dabba-announces-expansion-of-10000-new-wifi-hotspots-in-india-through-depin-program/