U.S. Treasury Undersecretary for Terrorism and Financial Intelligence Brian Nelson testified on Wednesday that terrorist group Hamas has received very little support in digital assets – countering earlier reports that it got tens of millions in crypto. Still, he said his office is focused on the threat from digital assets and asked Congress to help […]
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, Read More
At the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few Read More
Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to Bloomberg, Genesis Global Read More
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its Read More
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd Read More
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged Read More
The bitcoin (BTC) price climbed through $51,000 in European morning hours on Wednesday, touching $1 trillion market capitalization for the first time since December 2021, data shows. The rise came as bullish sentiment around continued growth of the Read More
U.S.-listed crypto companies rose Wednesday as bitcoin BTC climbed past $51,000 for the first time since December 2021, taking its market cap to $1 trillion. Bitcoin, the largest cryptocurrency by market value, added about 2.9% in the Read More
The Financial Conduct Authority issued 450 consumer alerts on firms illegally promoting crypto between Oct. 8 and Dec. 31 last year. The regulator warned it will continue to take robust action. The U.K. financial regulator said it Read More
