Author: BTCLFGTEAM

Kidnapped WonderFi CEO released after paying $720k ransom

Dean Skurka is the president and CEO of WonderFi, a Canadian crypto company Skurka was forced into a vehicle in downtown Toronto during rush hour He said that client funds and data remain safe and weren’t impacted by the kidnapping The kidnapped CEO of Canadian cryptocurrency company WonderFi has returned safely after electronically transferring CAD$1 […]

Bitcoin hits new ATH as Fed cuts interest rates by 25 bps

Bitcoin spiked to a new all-time high above $76,600 on Thursday amid bullish sentiment around Donald Trump’s election victory. The Federal Reserve’s decision to cut interest rates by 25 basis points and indicate further tightening also buoyed markets. Analysts say the influx of ‘cheap capital’ could strengthen the bull market. Bitcoin rose for the third […]

Bitcoin breaks $75k as crypto celebrates Donald Trump election win

Bitcoin spiked to above $75,400, a new all-time high. This came as Donald Trump clinched the US presidency, beating Kamala Harris. Bitcoin rose to new all-time high above $75,000 as world leaders began to congratulate Donald Trump as the winner and president-elect in the 2024 US election. As Trump took a decisive lead with key […]

Bitwise CIO: US election is going to be a speed bump or wind gust for crypto

Bitcoin’s value has risen over 400% between 2020 and 2024 Solana has increased in value by nearly 4,500% from $1.49 to around $166 in four years This trajectory of positivity will continue beyond the 2024 US elections, according to Matt Hougan Bitwise’s CIO has said while Washington can alter the trajectory of the crypto market […]

Mt. Gox moves $2.2 billion in Bitcoin as it works to repay creditors

Mt. Gox moved 32,371 Bitcoin to two wallets, amounting to $2.19 billion The movement follows the transfer of 500 Bitcoin worth more than $35 million In October, Mt. Gox announced it was pushing its repayment deadline to October 31, 2025 Defunct crypto exchange Mt. Gox has moved another $2.19 billion to two unmarked wallets, according […]

There’s another Bitcoin creator in town, but this one is Stephen Mollah

Stephen Mollah said he was Satoshi Nakamoto in front of a dozen journalists in London Bitcoin core developer Peter Todd was wrongly named as Nakamoto last month in an HBO documentary Another man has come forward claiming to be the mysterious creator behind Bitcoin, Satoshi Nakamoto. This time, he’s called Stephen Mollah. Taking to the […]

Ex-President Donald Trump wishes Bitcoin whitepaper a happy 16th anniversary

Trump wished a happy birthday to the anniversary of Bitcoin’s whitepaper and called on ending “Kamala’s war on crypto” Since Bitcoin’s initial days, its price has risen to over $72,000 and is accepted as legal tender in El Salvador Trump’s post comes less than a week before the US election results are in Former US […]

Tether increases its Bitcoin and gold holdings to $4.8B and $5B respectively

Tether (USDT) circulation surged to $120B, marking a 30% increase in 2024. Tether’s Bitcoin and gold holdings increased to $4.8B and $5B, respectively. Tether’s net equity doubled to $14.2B, while it faces ongoing legal challenges. Tether has announced a substantial increase in its Bitcoin and gold reserves, as detailed in its latest Q3 2024 Consolidated […]

NYSE Arca seeks regulatory nod for Grayscale crypto ETF

NYSE Arca is seeking regulatory approval to list an ETF of the Grayscale Digital Large Cap Fund Grayscale recently filed to convert the fund to a spot ETF Securities exchange NYSE Arca is seeking regulatory approval to list a new crypto exchange-traded fund (ETF) by Grayscale. The ETF is aimed at tracking the Grayscale Digital […]