Crypto Market Time

2024-02-18 22:59:59 Aussie cop accused of stealing 81 Bitcoin during raid: Report

The Australian federal police officer denies allegations of taking Bitcoin from a hardware wallet at the crime scene and transferring it to crypto exchange Binance. The National Anti-Corruption Commission (NACC) of Australia has accused a federal police officer of wiping a Trezor hardware wallet containing 81.62 Bitcoin at a crime scene. The authorities relied on crypto tracing software to allege that he transferred the Bitcoin into his own possession.

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2024-02-10 21:04:59 Ethereum to Launch Dencun Upgrade March 13, Introducing 'Blobs' for Layer Two Scaling

The Ethereum mainnet is gearing up for a significant upgrade as the long-anticipated Dencun update is scheduled for activation at slot 8626176, which should be Mar. 13 at approximately 1:55 pm UTC. Following a series of successful test deployments on various testnets, including the most recent on the Holesky testnet on Feb. 7, Ethereum core developers finalized the date for the mainnet rollout the next day during their bi-weekly “Consensus Layer Meeting.”.

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2024-02-10 08:55:01 Former BitMEX CEO Arthur Hayes Champions ‘Points’ Over ICOs in Crypto Fundraising

In a recent blog post titled ‘Points Guard,’ former BitMEX CEO Arthur Hayes made a compelling case for the emergence of “points” as a superior alternative to traditional initial coin offerings (ICOs) and yield farming with regard to crypto fundraising and user engagement. On the other hand, yield farming rewards users for interacting with the protocol but can lead to rapid inflation of token supply and a subsequent loss of user incentives.

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2024-02-09 20:36:45 Bitcoin heads to $50k as miners cut selling pressure

BTC price climbed above $47,661 on Feb. 9, with the much-anticipated fourth Bitcoin halving event now 70 days away, more bullish action could follow. Can the bulls capitalize on the momentum boost to reclaim $50,000? On Feb. 9, Bitcoin price hit a daily timeframe peak of $47,661. Per Coinmarketcap, this is the highest the pioneer cryptocurrency has traded since the market euphoria that heralded the BTC ETF approval verdict on Jan. 11.

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2024-02-09 10:40:46 Bankrupt Crypto Lender Genesis Global Settles NY Fraud Lawsuit

Genesis Global Holdco LLC has settled a lawsuit brought by New York’s top law enforcement official alleging the bankrupt crypto lender defrauded customers of its now-terminated Gemini Earn program, which was run jointly with Gemini Trust Co. The settlement with New York Attorney General Letitia James is structured so that assets that could have otherwise gone to state authorities will instead be returned to former Earn customers and other Genesis creditors.

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2024-02-08 22:54:59 Crypto Platform Haru Invest's Top Executives Arrested for Allegedly Embezzling $826 Million

South Korean authorities have arrested three executives of the crypto yield platform Haru Invest, including the CEO, for their alleged involvement in a massive embezzlement scheme. According to a local news outlet, the Seoul Southern District Prosecutors’ Office’s Joint Investigation Team for Virtual Asset Crimes announced the arrests, accusing the trio of misappropriating virtual assets valued at approximately 1.1 trillion Korean won, or $826 million.

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2024-02-08 07:29:59 MicroStrategy’s leverage scenarios show potential for astronomical returns on Bitcoin investments

In its Q4 earnings report, MicroStrategy disclosed its substantial Bitcoin investment in Q4 2023 of $1.25 billion, which is now worth a staggering $8 billion. The firm holds 190,000 BTC in its corporate treasury. MicroStrategy’s Q4 2023 Earnings Presentation shows that this strategic decision has paid dividends, as its stock has surged by 305% since it started investing in Bitcoin in August 2020.

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2024-02-07 19:36:47 Join the Elite Trading Community at @ChartsSignalsTrading!

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2024-02-07 19:34:59 CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval

Derivatives giant Chicago Mercantile Exchange (CME) witnessed a surge in trading volume in January as the U.S. saw spot bitcoin exchange-traded funds (ETFs) win Securities and Exchange Commission (SEC) approval. The total derivatives trading volume on CME rose 35% in January to $94.9 billion, according to data provided by CCData. This is the highest recorded trading volume for the exchange since October 2021.

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