UK Supreme Court denies Craig Wright’s plea for an appeal in his libel case against podcaster Peter McCormack. Wright, who asserts he is Satoshi Nakamoto, the mastermind behind Bitcoin, took legal action against McCormack for disputing his Nakamoto identity. The court’s decision in July awarded Wright a symbolic 1-pound compensation, a verdict that withstood two […]
Matrixport research predicted that Bitcoin would drop to the support level of $36,739 in a January 26 report. The report also stated that the price is expected to rebound from this support level, given the overall supportive liquidity and macro environment. Bitcoin actively seeks market momentum after securing Exchange Traded Fund (ETF) approval. Matrixport’s Forecast […]
Bitwise, an asset management firm, received significant BTC contributions and praise from the crypto community following the public disclosure of its Bitcoin ETF Trust (BITB) on-chain address. The move, announced on Jan. 24, made Bitwise the first of the 10 spot Bitcoin ETF issuers to share its holdings’ addresses publicly. According to the company, this […]
BitMEX co-founder Arthur Hayes recently predicted that Bitcoin prices would go under $35,000. The nearing quarterly refunding statement of the U.S. Treasury and a long-term target of up to $5,000 in Ethereum (ETH) and $200 in Solana (SOL) have combined for the shift in sentiment. On January 22, the billionaire and co-founder of the crypto […]
Mt. Gox, the crypto exchange that faced a major hack, is making significant progress toward reimbursing its creditors in Bitcoin (BTC) and Bitcoin Cash (BCH). Mt. Gox Rehabilitation Trustee has been actively contacting affected parties to verify their identities and confirm account details necessary for repayment. Many creditors have received emails from the company confirming […]
A Bitcoin-based stablecoin will challenge its competitors in speed and cost, which are huge competitive advantages for Bitcoin. A cryptocurrency investment firm, Coinshares, predicted that in 2024, a Bitcoin-based stablecoin will emerge, challenging competitors in speed and cost. According to the firm’s analysts, Christopher Bendiksen and Matthew Kimmel, the forecast is described in the latest outlook […]
Johnny Ng, a Hong Kong lawmaker leading in the crypto field, took to the social media handle and expressed his opinion on spot Bitcoin-based ETFs getting a nod in the United States. In a recent X post, he expressed that Hong Kong should also take the initiative and lead this area. The Bitcoin conference, the […]
Nasdaq and Cboe submitted 19b-4 filings with the United States Securities and Exchange Commission (SEC) to amend listing rules, seeking approval to trade options on Bitcoin (BTC) exchange-traded funds (ETFs). The SEC acknowledged these proposals on Jan. 19, marking a significant step toward expanding the crypto investment landscape. Nasdaq applied for a rule change to […]
Bitcoin’s famed economist and outspoken cryptocurrency critic, Peter Schiff, has expressed a significant warning about its future path. Through several recent social media posts, Schiff conveyed his concerns about potential regulatory changes that could profoundly affect the cost and functionality of Bitcoin transactions. His emphasis is specifically on the regulatory direction led by Securities and […]