Court gives Coinbase the green light to delist Wrapped Bitcoin (WBTC)
A US federal judge has allowed Coinbase to delist WBTC despite BiT Global’s objections. Judge Martínez-Olguín denied BiT Global’s TRO, citing lack of evidence of harm. Despite the delisting and Coinbase launching cbBTC, WBTC dominates the wrapped digital assets market with an 85% share. In a pivotal legal decision, a California federal judge has ruled […]
El Salvador to ‘confine’ its Bitcoin activities in $1.4bn loan deal with the IMF
The IMF said “potential risks” of El Salvador’s Bitcoin project will be “diminished significantly” A Bitcoin podcaster questioned the true cost of the IMF’s monetary assistance to El Salvador El Salvador will receive additional funding from other major banks in a financial package totaling over $3.5 billion El Salvador will receive a $1.4 billion loan […]
Bitfinex: Bitcoin could hit $200k by mid-2025 with mild price corrections
Bitfinex analysts believe Bitcoin could reach between $140,000 – $200,000 by mid-2025 “Consistent buying pressure” with ETFs will see future Bitcoin price correction “shorter in duration” If Bitcoin follows the 2021 cycle, it has the potential to reach $339,000 Bitcoin could surge to $200,000 under “favorable conditions,” according to a new report from Bitfinex analysts. […]
US lawmakers cancel vote to renominate SEC Commissioner Caroline Crenshaw
The original vote was scheduled for December 11, but was postponed by Sherrod Brown, the Senate Banking Committee Chair Congress is due to stop on December 20, so it’s unlikely that Crenshaw will be renominated before President-elect Donald Trump enters the White House The crypto industry has openly opposed the renomination of Crenshaw A US […]
Bitcoin holds above $107 despite $172m Mt. Gox BTC transfer
Mt. Gox moved over $172 million in BTC to new wallet addresses. The price of Bitcoin held strong despite bankrupt crypto exchange’s wallet activity. Bankrupt crypto exchange Mt.Gox has notably transferred about 1,620 Bitcoin to new unknown addresses. The value of the Bitcoin transfer stood at over $172.5 million, and was sent to new addresses. […]
MicroStrategy acquires 15,350 Bitcoin, now holds 439,000 BTC valued at over $45B
MicroStrategy bought its latest Bitcoin between December 9, 2024, and December 15, 2024 Last week, the company purchased 21,550 Bitcoin for $2.1 billion and the week before it bought 15,400 Bitcoin for $1.4 billion The Bitcoin buying spree comes as MicroStrategy will be added to the Nasdaq-100 Index on December 23 MicroStrategy has acquired an […]
Bitcoin reaches new all-time high of above $106,000
Bitcoin hit $106,400 in the early hours of December 16 Crypto trader believes the next three to four weeks are going to be significant for Bitcoin if history repeats Investors believe Bitcoin reaching $120,000 by the end of 2024 is achievable Bitcoin set a new all-time high above $106,000 following news that President-elect Donald Trump […]
Gate.io to list CYBRO token on Dec 14 after $7M presale success
CYBRO token ($CYBRO) will be listed on Gate.io on December 14. Gate.io is also conducting a 500,000 CYBRO token airdrop for subscribers holding at least 10GT. CYBRO has earned a spot among the Top 50 apps on Blast. Following a highly successful presale which raised $7 million between April and December 2024, CYBRO, an AI-driven […]
Microsoft shareholders reject Bitcoin treasury proposal
Microsoft shareholders have voted against the proposal that sought to have the tech giant add Bitcoin to its balance sheet. The vote on Tuesday, December 10, 2024, followed the proposal by the National Center for Public Policy Research, and came after MicroStrategy founder and Chairman Michael Saylor added to the call for Microsoft to adopt […]
Eric Trump praises Bitcoin, predicts it will hit $1M at Bitcoin MENA 2024
Eric Trump has predicted Bitcoin will hit $1M, citing its scarcity and potential. Eric compared Bitcoin’s adoption to email, emphasizing early adopter advantages. Eric lauded Bitcoin as a hedge against inflation, instability, and global risks. Eric Trump, executive vice president of the Trump Organization and son of US President-elect Donald Trump, delivered a stirring keynote […]