Bitcoin Cash (BCH) pioneer and early crypto adopter Roger Ver claims the US government was attempting to subvert Bitcoin (BTC) as far back as 2011. Ver says in a new interview with Tucker Carlson that Bitcointalk.org, an early BTC forum, was flooded with bots the same week Bitcoin started to get worldwide media attention for …
Yearly archives: 2024
Glassnode Co-Founders Break Down Bitcoin’s Latest Breakthrough, Say Solana (SOL) Is Next
The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin’s (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week’s BTC rally to over $100,000. “With inflation data meeting expectations, Bitcoin has surged back above $100,000! Next steps: Flip …
US Bank Regulator Terminates ‘Legal Loophole’ That’s Draining $5,000,000,000 From Customer Accounts Per Year
A US bank regulator says it’s shutting down a “legal loophole” that’s costing customers $5 billion in fees per year. The Consumer Financial Protection Bureau (CFPB) says a new rule will force large banks to either limit overdraft fees to $5, align them to actual costs and losses, or treat overdraft loans like other credit …
Binance and Stablecoin Issuer Circle Announce Strategic Partnership To Boost Adoption of USDC
Leading crypto exchange Binance and stablecoin issuer Circle are teaming up to expand the adoption of USDC. In a statement, Binance says the strategic partnership, which was announced at the Abu Dhabi Finance Week on Wednesday, will make USDC more available across its suite of products and services. The exchange says the collaboration will enable …
Eigen Foundation commits 1% of EIGEN supply to ETH Protocol Guild
According to data from CoinMarketCap, there are approximately 210 million EIGEN tokens in circulation, with a total supply of 1.68 billion.
Goldman Sachs CEO David Solomon Says Bank Needs Regulations To Change Before Looking at Crypto: Report
The CEO of Wall Street titan Goldman Sachs reportedly says the investment bank is not diving into crypto without regulatory permission. According to Reuters, David Solomon says US regulations need to change before the bank can start holding and trading crypto assets. Says Solomon during an interview at the Reuters NEXT conference in New York, …
AVAX rises 10% after Avalanche Foundation raises $250M in preparation for blockchain upgrade
The Avalanche Foundation announced raising $250 million through a private token sale to support its blockchain platform, according to a Dec. 12 statement. The funding round had around 40 participants, including leading firms such as Galaxy Digital, Dragonfly, and ParaFi Capital. The announcement spurred a 10% surge in Avalanche’s AVAX token, pushing its price to …
Binance dominates 2024 with $21.6 billion deposits and record 250 million users
Binance has cemented its position as the leading crypto exchange by reporting customer deposits totaling $21.6 billion in 2024, according to a Dec. 12 report. This achievement places Binance significantly ahead of its competition, with data from DeFi Llama revealing that the exchange’s deposits surpass the combined total of the next ten largest exchanges tracked …
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Trump reaffirms plans to do ‘something great with crypto’ under new administration
Donald Trump signaled plans for crypto reserve during remarks to Jim Cramer at the New York Stock Exchange. He indicated a goal to position the United States ahead of other nations, naming China as a point of reference. He described the need for substantial power generation to support related infrastructure and mentioned Lee Zeldin as …
Australia’s ASIC fines Kraken operator Bit Trade $5M for regulatory breaches
The Australian Securities and Investments Commission (ASIC) has fined Bit Trade—the operator behind the Kraken exchange—$5 million for unlawfully issuing a credit facility, according to a Dec. 12 statement. The penalty follows a federal court ruling that found the company in breach of regulatory obligations. Per the statement, Bit Trade offered a “margin extension” product …
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BlackRock recommends 2% starting allocation to Bitcoin in investment portfolios
According to a paper released Dec. 12, BlackRock suggests that a 1% to 2% Bitcoin allocation in multi-asset portfolios matches the risk levels found in portfolios holding technology stocks. The asset manager, which oversees trillions of dollars, frames this range as a strategic starting point for investors seeking diverse sources of risk. Bitcoin is proposed …
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Push Protocol launches Push Chain to unify blockchain communication and transactions
Push Protocol has announced the launch of Push Chain, a layer 1 blockchain that connects chains and integrates communication protocols with on-chain transactions. The platform’s architecture supports interactions across EVM and non-EVM ecosystems, allowing developers to access wallet states from distinct networks without relying on fragmented infrastructure. Transactions can be executed from any chain, and …
Texas Representative Proposes Strategic Bitcoin Reserve Act
On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management. Giovanni Capriglione Introduces Bill for State Bitcoin Reserve The legislation, titled the Texas Strategic Bitcoin Reserve Act, outlines the creation …
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Trump Rings NYSE Bell, Promises to Do Something Great With Crypto
Donald Trump declared, “We’re going to do something great with crypto,” after opening the NYSE, emphasizing U.S. leadership to outpace China and other countries in digital assets. Cryptocurrency Leadership: Trump’s Pro-Bitcoin Stance Sparks Market Optimism President-elect Donald Trump commenced Thursday’s trading session at the New York Stock Exchange by ringing the opening bell, signaling his …
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Altcoins Pumping as Sui, Uniswap Rise 20%+, Expert Tips Best Wallet Token to Explode
The crypto market is on fire again – with “altcoin season” potentially here. Bitcoin has pushed back above $100,000, although smaller coins are making the biggest moves. Layer-1 project Sui and DeFi staple Uniswap are both up over 20% in the past day. And they’re not alone – with one crypto expert tipping the new …