On Tuesday, the crypto payments processor based in Atlanta, Bitpay, revealed its collaboration with Moonpay. The partnership, Bitpay emphasized, enables users to sell bitcoin and other crypto assets directly through the Bitpay app. Bitpay Now Allows Direct Sales via Moonpay Partnership Users of the Bitpay app can now sell their crypto assets through Bitpay’s integration […]
https://news.bitcoin.com/bitpay-partners-with-moonpay-to-enhance-crypto-selling-experience-on-app/
https://news.bitcoin.com/bitpay-partners-with-moonpay-to-enhance-crypto-selling-experience-on-app/
Bitcoin News
Bitpay Partners With Moonpay to Enhance Crypto Selling Experience on App – Bitcoin News
On Tuesday, the crypto payments processor based in Atlanta, Bitpay, revealed its collaboration with Moonpay.
PRESS RELEASE. May 7, 2024, Austin, TX – In less than four weeks, independent presidential candidate Robert F. Kennedy Jr. will take the stage in Austin, TX, at Consensus 2024, the world’s largest, longest-running, and most influential gathering that brings together all sides of the crypto and Web3 community. As an environmental lawyer, scion of […]
https://news.bitcoin.com/independent-presidential-candidate-robert-f-kennedy-jr-joins-consensus-as-a-headline-speaker/
https://news.bitcoin.com/independent-presidential-candidate-robert-f-kennedy-jr-joins-consensus-as-a-headline-speaker/
Bitcoin News
Independent Presidential Candidate Robert F. Kennedy Jr. Joins Consensus as a Headline Speaker – Press release Bitcoin News
PRESS RELEASE. May 7, 2024, Austin, TX - In less than four weeks, independent presidential candidate Robert F. Kennedy Jr. will take the stage in Austin,
In a recent interview on Bloomberg Television, Steve Eisman of Neuberger Berman, who gained prominence from “The Big Short,” shared insights on the impending U.S. election and his investment strategies. Eisman identified three significant current themes, including cryptocurrency, about which he expressed skepticism. Steve Eisman’s Take: Trump’s Re-Election and the So-Called Crypto Conundrum Steve Eisman, […]
https://news.bitcoin.com/big-short-investor-calls-crypto-one-of-the-great-themes-of-our-time-but-hes-not-a-believer/
https://news.bitcoin.com/big-short-investor-calls-crypto-one-of-the-great-themes-of-our-time-but-hes-not-a-believer/
Bitcoin News
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer – Featured Bitcoin News
Steve Eisman identified three significant current themes, including crypto, about which he expressed skepticism.
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase. Bitcoin L2 Projects Gain Momentum With New Financing Rounds Throughout […]
https://news.bitcoin.com/2-bitcoin-l2-projects-secure-investments-to-enhance-bitcoins-defi-capabilities/
https://news.bitcoin.com/2-bitcoin-l2-projects-secure-investments-to-enhance-bitcoins-defi-capabilities/
Bitcoin News
2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities – Defi Bitcoin News
On May 7, two Bitcoin L2 initiatives, Botanix Labs and ZKM, successfully acquired funding to enhance the BTC ecosystem.
Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from the securities regulator. “The SEC’s continued attack on crypto, […]
https://news.bitcoin.com/robinhood-prepares-to-fight-sec-in-court-over-crypto-ceo-reveals/
https://news.bitcoin.com/robinhood-prepares-to-fight-sec-in-court-over-crypto-ceo-reveals/
Bitcoin News
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals – Legal Bitcoin News
Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business.
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it is “an outsized piece of the scams […]
https://news.bitcoin.com/sec-chair-gary-gensler-calls-crypto-outsized-piece-of-scams-frauds-and-problems-in-our-markets/
https://news.bitcoin.com/sec-chair-gary-gensler-calls-crypto-outsized-piece-of-scams-frauds-and-problems-in-our-markets/
Bitcoin News
SEC Chair Gary Gensler Calls Crypto 'Outsized Piece of Scams, Frauds, and Problems in Our Markets' – Regulation Bitcoin News
SEC Chair Gary Gensler has emphasized that crypto is "an outsized piece of the scams and frauds and problems in our markets."
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the digital rupee’s ease of use. RBI Governor Updates Digital Rupee Progress During an event hosted by the […]
https://news.bitcoin.com/india-working-on-offline-transferability-of-digital-rupee-says-central-bank-governor/
https://news.bitcoin.com/india-working-on-offline-transferability-of-digital-rupee-says-central-bank-governor/
Bitcoin News
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor – Regulation Bitcoin News
India's central bank, the Reserve Bank of India (RBI), is in the process of enabling offline transfers for its CBDC.
Purchases from foreign cryptocurrency exchanges, considered imports, have broken records in Brazil, putting some weight into the nation’s trade balance. During the last 12 months, cryptocurrency purchases reached $14.84 billion, after reaching $12.3 billion last year. Likewise, crypto imports reached $4.69 billion in Q1 2024, rising by 118% compared to the numbers registered in Q1 […]
https://news.bitcoin.com/cryptocurrency-imports-in-brazil-break-records-and-begin-to-affect-trade-balances/
https://news.bitcoin.com/cryptocurrency-imports-in-brazil-break-records-and-begin-to-affect-trade-balances/
Bitcoin News
Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances – Bitcoin News
Cryptocurrency purchases, considered imports, have broken records in Brazil, putting some weight into the nation's trade balance.
In a recent announcement, Localmonero/Agoradesk, a popular platform for trading monero (XMR), has decided to wind down its operations after nearly seven years. The decision, influenced by a mix of internal and external factors, initiates a six-month winding-down process starting from May 7, 2024. Effective immediately, all new signups and ad postings are disabled, and […]
https://news.bitcoin.com/p2p-xmr-exchange-localmonero-agoradesk-announces-closure-after-seven-years-of-operation/
https://news.bitcoin.com/p2p-xmr-exchange-localmonero-agoradesk-announces-closure-after-seven-years-of-operation/
Bitcoin News
P2P XMR Exchange Localmonero/Agoradesk Announces Closure After Seven Years of Operation – News Bytes Bitcoin News
In a recent announcement, Localmonero/Agoradesk, a popular platform for trading monero (XMR), has decided to wind down its operations after nearly seven
Elon Musk, the billionaire entrepreneur and CEO of Tesla and Spacex, called to invest in Argentina after meeting with Argentine President Javier Milei. Musk and Milei met for the second time in less than a month after Milei participated in the Milken Institute Forum, an event that gathers important entrepreneurs, bankers, CEOs, and investment funds. […]
https://news.bitcoin.com/elon-musk-meets-president-milei-reccomends-to-invest-in-argentina/
https://news.bitcoin.com/elon-musk-meets-president-milei-reccomends-to-invest-in-argentina/
Bitcoin News
Elon Musk Meets President Milei, Reccomends to Invest in Argentina – News Bytes Bitcoin News
Elon Musk, CEO of Tesla and Spacex, called to invest in Argentina after meeting with Argentine President Javier Milei.
The Director General of Nigeria’s Securities Regulator has announced plans to delist the local currency from peer-to-peer cryptocurrency trading platforms in the coming days. He insisted that the decision to delist the naira aims to eliminate the manipulation of the local currency by P2P cryptocurrency traders. P2P Crypto Transactions Ban The Nigerian Securities and Exchange […]
https://news.bitcoin.com/nigerian-sec-to-delist-local-currency-from-p2p-crypto-trading-platforms/
https://news.bitcoin.com/nigerian-sec-to-delist-local-currency-from-p2p-crypto-trading-platforms/
Bitcoin News
Nigerian SEC to 'Delist' Local Currency From P2P Crypto Trading Platforms – Africa Bitcoin News
The DG insisted that the decision to delist the naira aims to eliminate the manipulation of the local currency by P2P cryptocurrency traders.
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly two years after Mash successfully closed a $6 million seed round in June 2022 to build out its usage-based revenue model for content creators. All products and services will cease to function […]
https://news.bitcoin.com/bitcoin-lightning-network-infrastructure-provider-mash-is-shutting-down-its-current-version/
https://news.bitcoin.com/bitcoin-lightning-network-infrastructure-provider-mash-is-shutting-down-its-current-version/
Bitcoin News
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version – News Bytes Bitcoin News
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly
On May 7, the U.S. announced sanctions against Dmitry Yuryevich Khoroshev, a key figure in the Lockbit ransomware group. The U.S., alongside international allies including the UK and Australia, has taken coordinated measures to curb the activities of this prominent cybercriminal group. Khoroshev, responsible for developing and deploying Lockbit ransomware, is now facing an indictment […]
https://news.bitcoin.com/us-sanctions-lockbit-leader-in-ransomware-crackdown/
https://news.bitcoin.com/us-sanctions-lockbit-leader-in-ransomware-crackdown/
Bitcoin News
US Sanctions Lockbit Leader in Ransomware Crackdown – News Bytes Bitcoin News
On May 7, the U.S. announced sanctions against Dmitry Yuryevich Khoroshev, a key figure in the Lockbit ransomware group.
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others are intentionally avoiding payment. Australian Tax Office Targets 1.2 Million Cryptocurrency Users The Australian […]
https://news.bitcoin.com/australian-tax-office-seeks-personal-transaction-details-from-1-2-million-cryptocurrency-users/
https://news.bitcoin.com/australian-tax-office-seeks-personal-transaction-details-from-1-2-million-cryptocurrency-users/
Bitcoin News
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users – Taxes Bitcoin News
The ATO recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others are doing this intentionally.
Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials of President Milei’s administration. The objective behind these meetings would be to clarify this project’s objectives given that it has found opposition from local regulators who allege Worldcoin is violating the Argentine citizens’ rights. Worldcoin […]
https://news.bitcoin.com/worldcoin-ceo-met-with-argentine-government-officials-amidst-ongoing-probes/
https://news.bitcoin.com/worldcoin-ceo-met-with-argentine-government-officials-amidst-ongoing-probes/
Bitcoin News
Worldcoin CEO Met With Argentine Government Officials Amidst Ongoing Probes – Bitcoin News
Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials.
PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate protocol, has raised $3 million through a direct investment from Bitscale Capital, a top international VC fund. The agreement will see Bitscale Capital acquire equity worth $3 million, in the shape of GOMINING, […]
https://news.bitcoin.com/gomining-secures-bitscale-capital-backing-to-accelerate-its-nft-based-bitcoin-mining-operation/
https://news.bitcoin.com/gomining-secures-bitscale-capital-backing-to-accelerate-its-nft-based-bitcoin-mining-operation/
Bitcoin News
GoMining Secures Bitscale Capital Backing to Accelerate Its NFT-Based Bitcoin Mining Operation – Press release Bitcoin News
PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites. The Halving Effect Hut […]
https://news.bitcoin.com/hut-8s-bitcoin-mining-output-drops-36-to-148-btc-in-april/
https://news.bitcoin.com/hut-8s-bitcoin-mining-output-drops-36-to-148-btc-in-april/
Bitcoin News
Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April – Mining Bitcoin News
Hut 8 attributes the drop in mined BTC to the relocation of its proprietary miners previously hosted at the Kearney and Granbury sites.
As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to $64,413, with a trading volume of $17.91 billion and a market capitalization of $1.22 trillion. Despite a decline of 2.1% over the past 24 hours, bitcoin has gained 9.3% over the last seven days. Bitcoin […]
https://news.bitcoin.com/bitcoin-technical-analysis-btc-faces-growing-uncertainty-amidst-market-fluctuations/
https://news.bitcoin.com/bitcoin-technical-analysis-btc-faces-growing-uncertainty-amidst-market-fluctuations/
Bitcoin News
Bitcoin Technical Analysis: BTC Faces Growing Uncertainty Amidst Market Fluctuations – Markets and Prices Bitcoin News
As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to $64,413.
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda Research. This fund will ensure payments of 118 cents on the dollar for 98% of creditors with […]
https://news.bitcoin.com/most-ftx-creditors-to-receive-over-100-repayment-court-document-shows/
https://news.bitcoin.com/most-ftx-creditors-to-receive-over-100-repayment-court-document-shows/
Bitcoin News
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows – News Bytes Bitcoin News
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court.
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […]
https://news.bitcoin.com/mixed-fortunes-for-us-bitcoin-funds-as-gbtc-losses-offset-other-gains/
https://news.bitcoin.com/mixed-fortunes-for-us-bitcoin-funds-as-gbtc-losses-offset-other-gains/
Bitcoin News
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains – Finance Bitcoin News
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting.