Former FTX CEO Sam Bankman-Fried’s legal battle with the U.S. Department of Justice took a new turn this week as his defense team argued against the government’s push for a lengthy prison sentence. The DOJ has recommended a sentence of 10 to …
Bitcoin slipped 5% below $65,000 on Thursday as the U.S. dollar surged amid the Swiss central bank’s interest rate cut. Despite this, some cryptocurrencies like XRP, FIL, and ICP defied the slump, while others like SOL and AVAX declined. According to Swissblock …
Bitcoin pioneer Adam Back, a key figure in the early days of cryptocurrency and a prominent cypherpunk, has made a bold prediction regarding the future price of Bitcoin. Back believes that the leading cryptocurrency is on track to reach $100,000, a milestone …
Today, a groundbreaking movement has been launched by over 25 leading Bitcoin organizations, coming together to advocate for the creation of an official Bitcoin emoji. Spearheaded by Nexo, this global initiative aims to highlight the significance of Bitcoin as a revolutionary technology, …
In a groundbreaking ruling that has sent shockwaves through the cryptocurrency community, a judge at London’s High Court has officially declared that Craig Wright, the Australian self-proclaimed ‘computer scientist’ who has long asserted himself as the mysterious creator of Bitcoin, is not, …
Floki developers are making strides in the world of digital banking by working on offering regulated banking accounts that can be funded with FLOKI tokens and used to transact in USD, EUR, and GBP. This development marks a significant step for the …
Ark Invest CEO Cathie Wood has labeled bitcoin (BTC) as a “financial super highway,” highlighting the significant use cases for the cryptocurrency in emerging markets. Wood, whose company recently became one of the issuers of a spot bitcoin exchange-traded fund (ETF), ARKB, …
XCoinDesk Indices (CDI) has released its bi-weekly market update, shedding light on the performance of key players and underperformers in the benchmark CoinDesk 20 Index (CD20) and the broader CoinDesk Market Index (CMI). According to the report, eighteen out of the 20 …
El Salvador Doubles Down on Bitcoin: President Nayib Bukele Announces Daily Bitcoin Purchases El Salvador’s commitment to cryptocurrency, particularly bitcoin (BTC), has reached new heights with President Nayib Bukele’s recent announcement of the country’s plan to buy one bitcoin every day. This …
Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund managing over $1.5 trillion in assets, has made waves in the financial world with its announcement that it will explore diversifying a portion of its portfolio into Bitcoin. This move marks …