🔸️ Bitcoin News

2024-05-01 20:44:59 Changpeng Zhao says crypto has entered new phase where ‘compliance is super important’

Former Binance CEO Changpeng Zhao said the crypto industry has entered the next phase where “compliance is super important.” Last year, Zhao admitted guilt to federal money laundering charges. Prosecutors spotlighted a corporate culture at Binance that neglected fraud prevention in pursuit of expansion, resulting in his departure from the company and a hefty $150 million fine. This sentencing arrives at a critical juncture for the emerging industry, which is witnessing intensified regulatory scrutiny worldwide.

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2024-05-01 07:29:58 NEW: Bitcoin spot ETF recently went live in Hong Kong

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2024-04-30 22:04:58 US spot bitcoin ETF outflows continue with $51.5 million more exiting

Spot bitcoin exchange-traded funds in the United States saw more than $51.5 million in net outflows yesterday. Notably, the Grayscale Bitcoin Trust was not the biggest culprit. The ARK 21Shares Bitcoin ETF saw $31.34 million leave the product on April 29, while GBTC experienced $24.66 million in net outflows, per data from SoSoValue. The Fidelity Wise Origin Bitcoin Fund also saw a net outflow of $6.85 million.

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2024-04-30 10:15:18 MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, Founder & Chairman Michael Saylor announced today. The company initially entered the Bitcoin market in August 2020, making a significant initial investment of $250 million into BTC.

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2024-04-29 21:20:26 Ethereum Gas Fees Six-Month Low Suggests Impending Altcoin Rally: Santiment

Gas fees on the Ethereum network have dropped to a six-month low. The average cost is $1.12 per transaction, marking the lowest figure since October 18. Analysts from Santiment noted that this drop in gas fees could be the start of an upcoming altcoin rally. According to Santiment, traders typically cycle between periods of extreme optimism, often characterized by the belief that a certain asset is set for exponential growth, and periods of pessimism, marked by the sentiment that it is declining.

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2024-04-29 09:45:18 ‘Buy Bitcoin’ Sign Held at Janet Yellen’s 2017 Speech Sells for $1M

Christian Langalis is anticipated to receive roughly $875,000, equivalent to 13.6 BTC, after Scarce.City deducts its 15% fee. A piece of notebook paper featuring the phrase “Buy Bitcoin,” famously seen in the background during a broadcast featuring then-United States Federal Reserve Chair Janet Yellen in 2017, has been sold for 16 BTC, equivalent to approximately $1.027 million. The auction, held at PubKey, a Bitcoin-themed bar in New York City, was organized and facilitated by the auction house Scarce.City.

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2024-04-28 10:30:24 The greatest Bitcoin explanation of all time.

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2024-04-27 19:59:58 Bitcoin Breaks Daily Transaction Record Days After Halving

The new record comes three days after the Bitcoin Halving, coinciding with the launch of Runes. The launch of Runes sparked a rapid increase, demonstrating growing interest and utility in cryptocurrencies, setting a new all-time high in Bitcoin’s transaction activity. Runes, a new token standard on the Bitcoin blockchain, has dominated transactions since its launch following the halving on April 20, accounting for over two-thirds of all Bitcoin transactions. With more than 2.38 million transactions processed, Runes make up 68% of the total.

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2024-04-27 07:29:58 Arkham Intel finds wallets associated with Wisdomtree's Physical Bitcoin ETP WBIT

The blockchain data tracking firm Arkham Intel found wallets associated with WBIT, a physical Bitcoin exchange-traded product (ETP) from the asset manager WisdomTree. "WisdomTree Physical Bitcoin is a physically backed exchange-traded product (ETP) designed to offer shareholders a simple, secure and cost-efficient way to gain exposure to the price of Bitcoin,” according to WBIT’s website. “The ETP provides for easy investor access, tradability, transparency and institutional custody solutions with a robust physically backed structure."

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2024-04-26 08:30:17 The buy Bitcoin sign shown behind Janet Yellen at a congressional testimony in 2017 sells for 16 $BTC (+$1 Million) at auction

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