Deutsche Bank, one of the largest banking institutions in Germany, is making significant strides in the world of blockchain technology. According to a recent report by Bloomberg, the bank is in the process of building a Layer 2 on the Ethereum network …
President-elect Trump has taken a significant step towards integrating Bitcoin into the U.S. financial landscape by meeting with crypto industry leader Kris Marszalek to discuss the creation of a Bitcoin reserve. The meeting, which took place at Mar-a-Lago on December 16, focused …
In a recent cyber attack, hackers managed to drain $12.4 million worth of Ethereum (ETH) from over 100 wallets linked to the popular password management service LastPass. The attack, which took place between December 16 and December 17, was uncovered by blockchain …
December is proving to be a pivotal month for the cryptocurrency market, with Bitcoin reaching new all-time highs. The leading token is currently hovering around $107,000 and is aiming to break the $110,000 mark. If Bitcoin successfully reaches this milestone, it could …
Ohio House Republican leader Derek Merrin has introduced a groundbreaking bill that could potentially revolutionize the state’s financial strategy. The bill, known as HB 703 or the Ohio Bitcoin Reserve Act, aims to establish a Bitcoin fund within the state’s treasury. If …
MicroStrategy chairman Michael Saylor is doubling down on his belief in Bitcoin, likening the cryptocurrency to the iconic real estate of New York City. In a recent CNBC interview with Money Movers, Saylor referred to Bitcoin as the “Cyber Manhattan” of the …
As financial markets eagerly await the upcoming decisions of the U.S. Federal Reserve, the cryptocurrency market is experiencing a significant transformation. The current dynamics, driven by technical signals and a reconfiguration of liquidity, are indicating a potential rise in altcoins. With hopes …
In a surprising turn of events, Mark Longo, the original owner of Peanut the Squirrel (PNUT), has taken legal action against cryptocurrency exchange Binance for listing the PNUT meme coin. Longo’s legal team has sent cease and desist letters to Binance, alleging …
The United Kingdom is set to implement strict regulations on the cryptocurrency industry, with a new paper by the UK’s financial watchdog signaling a ban on public crypto offers by non-regulated entities. The Financial Conduct Authority (FCA) published a report on December …
As the year 2024 comes to a close, the cryptocurrency market is experiencing a surge in activity, with Ethereum at the forefront of the excitement. Currently trading around $3.9K, Ethereum ($ETH) has been showing strong performance, maintaining an upward trajectory above key …