Former President and Republican Presidential Candidate Donald Trump reportedly inquired about solving the U.S. national debt problem using bitcoin. Audio recorded by the Bitcoin.com News team confirmed that on an X space held on Sunday night, Bitcoin Magazine CEO David Bailey revealed that Trump asked if bitcoin could solve the $35 trillion U.S. national debt …
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A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The Battle against AI-driven Identity Fraud,” found that 42.5% of detected fraud …
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More US voters are showing an interest in Bitcoin (BTC) and crypto due to geopolitical and economic uncertainty, according to a new Harris Poll survey conducted on behalf of Grayscale. Harris Poll surveyed 1,768 adults in the US between April 30th and May 2nd, after conducting a similar “Phase 1” survey between November 27th and …
The co-founder of blockchain oracle Chainlink (LINK), Sergey Nazarov, is saying that the crypto industry is in the “early to mid-stage” phase of growth. According to Chainlink co-founder, the total crypto market capitalization could soar by nearly four times from the current level. “The crypto industry in my opinion when it crossed $200 billion got …
Several new funds are expected to launch in the US in the coming weeks or months. Here’s what you should know. Spot Ethereum ETFs are exchange-traded funds offered by an asset manager. Each fund invests directly in the cryptocurrency Ethereum (ETH). Traditional and retail investors can buy shares of an ETF in order to own …
For seasoned forex traders looking to enhance their skills, advanced strategies are essential for achieving greater success. This article explores sophisticated forex trading techniques, such as understanding market sentiment, mastering technical analysis, and leveraging algorithmic trading. It also covers refining risk management practices, exploring carry trading, utilizing hedging techniques, analyzing cross-currency pairs, and embracing psychological …
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Real Vision analyst Jamie Coutts believes the altcoin market is gearing up for a massive breakout against Bitcoin (BTC). The former Bloomberg analyst tells his 18,100 followers on the social media platform X that the altcoin season index, which measures the profitability of digital assets relative to BTC, could soon start flashing bullish for alts. …
TLDR Vanguard has confirmed that it will not offer spot Ethereum ETFs on its platform, despite the SEC’s approval of such products. The firm maintains its stance that cryptocurrency products do not align with its focus on traditional asset classes like equities, bonds, and cash for long-term investment portfolios. Bloomberg ETF analyst Eric Balchunas criticized …
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TLDR BlackRock’s updated Form S-1 for its iShares Ethereum Trust (ETHA) suggests that the launch of U.S. spot Ether ETFs could be imminent, with analysts predicting a potential late June launch. The updated filing provides details about the ETF’s seed capital investor, a BlackRock affiliate firm that purchased $10 million worth of shares on May …
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Ethereum co-founder Vitalik Buterin donated 30 ETH, approximately $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm. Etherscan data shows that Buterin donated to the “Free Pertsev and Storm” defense fund on the decentralized fundraising platform Juicebox early today, May 30. The fund had raised 591 ETH worth $2.2 …
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The latest data from Farside reveals slowing inflows into Bitcoin (BTC) exchange-traded funds (ETFs), totaling $28.3 million on May 29. Six of the 11 ETF issuers experienced positive inflows, with BlackRock’s IBIT leading the pack. BlackRock IBIT saw a $24.6 million inflow, bringing its total net inflow to $16.5 billion. Fidelity’s FBTC followed with a …
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Paxful, the peer-to-peer cryptocurrency platform, has announced a significant reduction in transaction fees for gift cards. The company has slashed its fees by 80%, from the industry standard of 5% to just 1%. This has already resulted in a surge in gift card volumes and trader interest according to the company. The fee reduction applies …
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Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization of Bitcoin mining across the globe,” according to a press release. The company looks towards leveraging the …
The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capital and crypto markets to defend the local currency. Nigeria’s Ambiguous Stance on Crypto The Nigerian Senate …
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PRESS RELEASE. The Kinetex team is thrilled to announce its integration with Gnosis Pay, the world’s first on-chain self-custodial account that connects the traditional payment rails to Web3 rails. This collaboration provides a straightforward and fast way to top up balances from Bitcoin, Ethereum, and other EVM-compatible tokens by swapping them to EURe via Kinetex’s …
