River introduces Bitcoin interest on cash deposits feature
River has announced a new feature dubbed, ‘Bitcoin Interest on Cash’ The product allows customers to get BTC for interest earned on their cash deposits. The US-based platform will offer a 3.8% interest on the cash deposits. User funds are FDIC-insured via its partnership with Lead Bank, the exchange said in a press release. River, […]
Interview: NoOnes visionary mission for Bitcoin adoption and empowerment in the Global South
Since its founding two years ago, NoOnes, a peer-to-peer (P2P) platform, has achieved a lot in a short space of time. As a visionary entrepreneur, Ray Youssef, NoOnes CEO, is helping lead the way in the evolving world of crypto. Using Bitcoin as a tool, Youssef and his team believe it’ll bring empowerment to the […]
Tap Protocol delays TAP token distribution event
Tap Protocol has delayed its TAP token launch date from October 21, 2024 to October 23, 2024. TAP, with a total supply of 21 million, will go live on Bitcoin and Ethereum Tap Protocol, a decentralized finance platform on Bitcoin, has announced that its anticipated token distribution will now occur on October 23, 2024. The […]
Stripe acquires stablecoin platform Bridge for $1.1 billion
Stripe has closed a $1.1 billion acquisition of stablecoin firm Bridge The company re-established support for crypto payments in April, adding USDC on Ethereum, Solana, and Polygon in October 2024 Stripe has completed the acquisition of Bridge, a stablecoin platform that helps companies and businesses accept payments in stablecoins. According to TechCrunch founder Michael Arrington, […]
Bitcoin steadies at $68k, meme coins surge as focus shifts to Poodlana
Bitcoin price has recorded its second week of consecutive gains; ending the week steady above the resistance-turn-support zone of 68,000. On Friday, it hit a level last recorded in late July after rallying by 17% in about a week. At the time of writing, BTC was trading at $68,440.47. Risk-on sentiment continues The risk-on mood […]
Italy set to raise Bitcoin capital gains tax to 42%
Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%. The new policy reflects a trend among European countries tightening crypto regulations. PM Giorgia Meloni assures no new taxes for citizens despite the proposed increases. Italy is set to increase its capital gains tax on Bitcoin and other cryptocurrencies from 26% […]
US prosecutors urge judge to hand Bitfinex hack mastermind five-year sentence
The Bitfinex crypto hack resulted in the theft of 120,000 Bitcoin Ilya Lichtenstein used a series of sophisticated methods to hide the stolen funds between 2016 and 2022 He told his wife and co-conspirator about the hack in 2020 who then helped him to hide the stolen assets US prosecutors have told a judge that […]
Grayscale wants to convert its mixed-crypto fund into an ETF
Grayscale filed to convert its $524M Digital Large Cap Fund into an ETF The fund includes BTC, ETH, Solana, XRP, and Avalanche among its holdings This is Grayscale’s third ETF conversion after its Bitcoin and Ethereum funds Grayscale Investments has taken a significant step toward expanding its suite of cryptocurrency-based financial products by filing with […]
Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses
Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses. This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022. Tesla remains the third-largest Bitcoin holder among public companies after MicroStrategy. Tesla, the electric vehicle giant led by Elon Musk, has recently relocated its entire Bitcoin (BTC) treasury, consisting of 11,509 bitcoins […]
Bitcoin Dogs (0DOG) price prediction: a potential surge in ‘Uptober’
October, known as “Uptober,” historically boosts Bitcoin prices significantly. Bitcoin Dogs (0DOG) could surge alongside BTC, with predictions of 100X growth. Upcoming catalysts include a Telegram game and NFT collection driving demand. As October unfolds, the cryptocurrency market is buzzing with excitement, and Bitcoin Dogs (0DOG) is emerging as a prominent player in this landscape. […]