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The Latest Breaking News from Crypto

Bitcoin Nosedives Below $41K, Erasing Nearly A Week's Gain As Holders Take Profit

As the king of crypto briefly sunk below the $41,000 price level, it caused over $270 million worth of long positions to be liquidated.

International Business Times

MicroStrategy's Michael Saylor Reveals How Bitcoin Bet Helps MSTR Compete With Magnificent Seven

Bitcoin was trading in the red zone at $43,950, which means the software and business intelligence company is now sitting on an unrealized profit of $2.390 billion.

International Business Times

Binance's CZ Could Be Deposed In Billion-Dollar Class-Action Lawsuit

The court filing comes a few days after a court sided with the U.S. Department of Justice and prohibited the crypto mogul from leaving the U.S. until his sentencing.

International Business Times

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Bitcoin ETF News: VanEck Files Fifth Amended Prospectus, Reveals Ticker

After BlackRock submitted another amended prospectus last week, VanEck followed suit with its fifth amendment, showing a unique Bitcoin ETF ticker, HODL.

International Business Times

Are Bitcoin and Crypto-Related Assets Heading for New Highs?

Bitcoin exploded in 2023 after closing last year below the $17,000 level; the price was over $44,000 on Friday, December 8. Bitcoin has been a leading asset this year, and the technical action could support a challenge of the late 2021 high.

Barchart

Crypto’s return puts no-coiner critics in an awkward spot

The recent crypto collapse produced a cottage industry of “no coiners” whose position looks less convincing as of late.

Fortune

X Less Known Gambling Games to Try

When you think of online gambling few games come to mind right away. Slots, roulette, and poker are the most well-known and well-liked casino games, and there's a reason for it. However, countless other games are a lot of fun and can bring big ...

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El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’

The Central American nation led by Nayib Bukele is partnering with the controversial stablecoin Tether on the initiative.

Fortune

Fidelity's Spot Bitcoin ETF Ticker Listed On DTCC's Active And Pre-Launch List

While BlackRock's Bitcoin ETF listing pushed the value of Bitcoin to a new high, Fidelity's listing did not have the same impact on the price of the "king of crypto."

International Business Times

Court Rules Binance's CZ Should Stay In US Until Sentencing

District Judge Richard Jones of the Western District of Washington sided with the Department of Justice on Thursday and decided not to allow Zhao to return to UAE until his sentencing.

International Business Times

How Solana Blockchain Can Stay In The Sun With Sam Bankman-Fried Gone

Solana's renaissance may come as a surprise to some crypto pundits who predicted at the end of 2022 that the collapse of FTX and Alameda would trigger the demise of the ultra-fast blockchain so often praised by Sam Bankman-Fried before his disgrace as being the only blockchain that had the…

International Business Times

Bitcoin Rally Shines Spotlight On Investor Risks

Bitcoin this week reached above $44,000 for the first time since April last year, yet still remains far from a record-peak of almost $69,000 in 2021.

Latin Times

Montenegro's Extradition Plan Might Not Bode Well For Do Kwon's Legal Odyssey

During closed-door discussions, Montenegro's Justice Minister Andrej Milovic reportedly mentioned his plans to extradite Do Kwon to the U.S., where is facing multiple criminal charges.

International Business Times

Beyond Bitcoin, This Company is Here to Fortify Your Fiat

A resurgence in Bitcoin has lit a fire in the crypto market recently, with the coin jumping toward the half century mark for the first time since early 2022. But even its staunch advocates admit Bitcoin is a long way from replacing fiat currency, if it ever does. So, don’t…

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inkl

How To Build Automated Trading System

In the dynamic world of cryptocurrency trading, the emergence of automated trading systems marks a significant evolution.

Fortune

Tether CEO defies his critics—and he has a point

Paolo Ardoino points out his firm has remained steady even as once respectable banks and crypto rivals have collapsed.

Fortune

Swan raises $40 million to build out institutional offerings such as Bitcoin-backed lending

The company led by Cory Klippsten has quietly become one of the largest in crypto through its Bitcoin-only approach.

International Business Times

Bitcoin Rally Shines Spotlight On Investor Risks

A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility.

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International Business Times

'Banks Should Stay Silent,' Crypto Community Lashes Out At Jamie Dimon's Anti-Crypto Tirade

Not everyone was pleased with the latest development in the cryptocurrency industry and Dimon was one among them. He said he would close the industry down if he had the power.

Fortune

Robinhood launches crypto trading in the EU, adds Solana and other tokens delisted in the U.S.

The online brokerage had delisted Solana, Polygon, and Cardano in the U.S. in June after the SEC named them in its lawsuits against Binance and then Coinbase.

Fortune

Elizabeth Warren and Wall Street just declared a truce: ‘I am not usually holding hands with the CEOs of multibillion-dollar banks’

The Massachusetts senator known for being tough on the financial industry has a new target in her sights.

International Business Times

El Salvador's Bitcoin Investment Sees Over $3M Gains Amid Crypto Rally

Bukele said that it has never been El Salvador's objective to sell its Bitcoin and while he confirmed that they are well aware the crypto asset's price will fluctuate, he underlined that it does not impact the country's long-term strategy.

Fortune

Jamie Dimon blasts crypto, tells Senate he would ‘close it down’—even as JPMorgan pushes forward with blockchain payments

The JPMorgan CEO's comments to the Senate are just his latest tirade against crypto. His position is a bit ironic given the bank's own embrace of technology.

International Business Times

Dogecoin Celebrates 10th Anniversary With An All-Time High Price Of $0.10 For 2023

Dogecoin, the crypto asset officially introduced on Dec. 6, 2013, also marked a new all-time high for this year at its current price and secured the ninth-largest crypto asset by market capitalization at $14.62 billion.

International Business Times

Montenegro Court Of Appeal To Review Decision On Do Kwon's Extradition

Late last month, the Montenegrin High Court announced that it has "approved the extradition" of Kwon as requested by his home country South Korea and the U.S.

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