Bitcoin News
Bitcoin News

Bitcoin new high set for late 2024, Binance to lose top spot — VanEck

2024 will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck. Bitcoin BTC $43,827 will hit a new all-time high in late 2024 because of a long-feared United States recession and regulatory shifts after the next U.S. presidential […]

Read More
Bitcoin News Wallets

US CFPB proposes supervising digital app providers, including crypto wallets

The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading. The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend […]

Read More
Bitcoin News

Nayib Bukele steps down as El Salvador’s President ahead of re-election bid

Acting President Claudia Rodríguez de Guevara, the first female head of state for El Salvador, took office on Dec. 1 and is expected to serve until June 2024. El Salvador President Nayib Bukele, who was behind legislation recognizing Bitcoin BTC $41,744 as legal tender in the country, has stepped down from office to campaign. On […]

Read More
Bitcoin News

No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry

Binance picked the Bosphorus as the backdrop for Binance Blockchain Week, the flagship event in its 2023 calendar. Binance Blockchain Week Istanbul 2023 saw global crypto exchange Binance bringing its flagship event to Turkey on Nov. 8–9, where business is conducted in the Turkish lira — a top trading pair on its platform.  While Binance […]

Read More
Bitcoin News

Solana hoses down ‘inaccurate’ CertiK report on Saga phone security flaws

CertiK claims Solana’s Saga smartphone contains a critical “bootloader vulnerability”; Solana Labs says the claims are entirely inaccurate. A recent video from blockchain security firm CertiK has made a series of “inaccurate” claims about a potential security vulnerability in Solana’s crypto-enabled Saga phone, Solana Labs said. In a Nov. 15 post on X (formerly Twitter), […]

Read More
Bitcoin News

Owner of Hong Kong crypto exchange OSL secures $90M investment

BC Technology Group, the operator of Hong Kong’s publicly listed crypto exchange OSL, has raised $90 million in subscriptions for new shares from BGX. BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX. BC Technology partnered with BGX, which agreed to subscribe […]

Read More
Bitcoin News

Japanese exchange plans to start digital securities trading on Dec. 25

Ichigo, based in Tokyo, plans to offer over $20 million worth of digital securities backed by real estate on the Osaka Digital Exchange. Proprietary trading system operator Osaka Digital Exchange (ODX) is set to kickstart the trading of digital securities in Japan. In an announcement, ODX said that its trading system for security tokens commences […]

Read More
Bitcoin News

US lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain

The act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether. United States Representatives Zach Nunn and Abigail Spanberger have jointly introduced the Creating Legal Accountability for Rogue Innovators and Technology Act of 2023, or the CLARITY Act of 2023. The legislation aims to […]

Read More
Bitcoin News

Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation

Consensys’ senior counsel and director of global regulatory matters, Bill Hughes, spoke at the North American Blockchain Summit on crypto bills and their role in politics. Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity on aspects of the digital […]

Read More
Bitcoin News

Google to invest another $2B in AI firm Anthropic: Report

Google has already invested $500 million as part of the deal, while the outstanding $1.5 billion will be paid over time, according to The Wall Street Journal. Google has doubled down on its artificial intelligence (AI) bets by investing another $2 billion into AI startup Anthropic, according to a new report. Google has already invested […]

Read More
X