Bitcoin.com News

2023-05-19 05:20:36 Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay

The Hong Kong Monetary Authority HKMA has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the… read more:
https://news.bitcoin.com/hong-kong-launches-digital-currency-pilot-with-16-firms-including-hsbc-bank-of-china-alipay/ Open / Comment

2023-05-19 03:15:36 Venezuela’s President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push

Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-dollarization process is “inevitable.” He described: “This is the path… read more:
https://news.bitcoin.com/venezuelas-president-declares-inevitable-shift-away-from-us-dollar-in-de-dollarization-push/ Open / Comment

2023-05-19 01:10:35 Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows

Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central bank revealed in a study. While smaller than in the United States,… read more:
https://news.bitcoin.com/rate-hikes-affecting-housing-markets-in-eurozone-united-states-ecb-study-shows/ Open / Comment

2023-05-19 00:20:35 Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume

Based on recent data, the Litecoin LTC network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value… read more:
https://news.bitcoin.com/litecoin-network-surges-with-activity-as-ordinal-inscriptions-drive-transaction-volume/ Open / Comment

2023-05-18 23:05:35 FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project

Court documents filed on May 17, 2023, reveal that current executives overseeing FTX and its subsidiary, Alameda Research, have initiated a lawsuit against Sam Bankman-Fried, the former CEO of FTX,… read more:
https://news.bitcoin.com/ftx-executives-sue-co-founders-amidst-failed-ftx-stocks-project/ Open / Comment

2023-05-18 21:25:34 US Bitcoin Corp Secures Hosting Agreements for 150,000 Bitcoin Miners

On Thursday, the bitcoin mining company U.S. Bitcoin Corp revealed the firm has successfully secured hosting agreements with five different companies to install 150,000 application-specific integrated circuit ASIC bitcoin miners.… read more:
https://news.bitcoin.com/us-bitcoin-corp-secures-hosting-agreements-150000-bitcoin-miners/ Open / Comment

2023-05-18 20:10:34 Unidef Introduces Decemount to Expedite Global Shift to Decentralization

PRESS RELEASE. Dubai, UAE — May 18, 2023 – Today, Unidef unidef.org, a global network of organizations focused on hastening the global shift to a decentralized future, proudly unveils its… read more:
https://news.bitcoin.com/unidef-introduces-decemount-to-expedite-global-shift-to-decentralization/ Open / Comment

2023-05-18 19:20:34 Biggest Movers: XRP Extends Bull Run, Jumping 5% on Thursday

Xrp rose for a fifth straight session on Thursday, as the token moved close to a two-week high. The rise comes as cryptocurrencies rebounded from recent losses, with the global… read more:
https://news.bitcoin.com/biggest-movers-xrp-extends-bull-run-jumping-5-on-thursday/ Open / Comment

2023-05-18 17:40:33 Regulatory Battle: Grayscale Challenged by SEC’s Designation of Filecoin as Security

Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission SEC.… read more:
https://news.bitcoin.com/regulatory-battle-grayscale-challenged-by-secs-designation-of-filecoin-as-security/ Open / Comment

2023-05-18 16:50:33 Bitcoin, Ethereum Technical Analysis: BTC Sees Strong Rebound, as Biden Holds Debt Ceiling Talks

Bitcoin rebounded on Thursday, as markets responded to news that U.S. President Joe Biden held positive talks regarding the debt ceiling. Biden reportedly met with Republican House Speaker Kevin McCarthy,… read more:
https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-btc-sees-strong-rebound-as-biden-holds-debt-ceiling-talks/ Open / Comment