Crypto News
UseTheBitcoin Weekly News Roundup (APR 22nd – APR 26th, 2024)
Stay in the loop with our weekly crypto digest as we get you up to speed on the hottest trends and events in the crypto space. Here’s what happened in crypto this week: Runes Protocol Launches On Bitcoin, Sending Fees Sky High Bitcoin builder Casey Rodarmor launched a new creation called Runes, which allows people ...
UseTheBitcoin Weekly News Roundup (APR 15th – APR 19th, 2024)
Stay in the loop with our weekly crypto digest as we get you up to speed on the hottest trends and events in the crypto space. Here’s what happened in crypto this week: Less Than 100 Blocks Remain Until The Bitcoin Halving According to NiceHash‘s Bitcoin Halving Countdown page, Bitcoin’s next halving event is just ...
10X Research Projects Bearish Outlook After Calling New All-Time Highs For Bitcoin Before Halving
Key Takeaways 10X Research founder Markus Thielen, who accurately predicted Bitcoin’s surge to new all-time highs in February, has reversed his view of the leading digital asset. His latest observations suggest that high-risk assets such as cryptocurrencies and technology stocks could be approaching a significant price downturn. Inflation Data One of the main reasons for ...
Hong Kong’s SFC Approves Spot Bitcoin And Ethereum ETFs Ahead Of Halving
Key Takeaways According to WatchGuru’s post on X, on Tuesday, April 15th, Hong Kong granted approval for its inaugural spot Bitcoin and Ethereum exchange-traded fund (ETF). This approval comes after the US became the first major market to launch spot Bitcoin ETFs on January 10th, which has already attracted significant investment of around $12 billion. ...
US SEC Threatens Enforcement Action Against Uniswap, DEX’s Founder Says They Are ‘Ready To Fight’
Key Takeaways The US Securities and Exchange Commission (SEC) has signaled potential legal trouble for Uniswap, one of the leading decentralized exchange platforms in the DeFi sector. Through a Wells Notice, the securities regulator notified Uniswap of their intent to pursue a lawsuit. Uniswap Founder Says They Are Ready To Fight The decentralized exchange is ...
Gen Z And Millenials Are More Likely To Own Crypto Than Traditional Asset Classes, According To A Survey
Key Takeaways A surprising trend from Policygenius’s 2024 Financial Planning Survey reveals that Millennials and Gen Z are just as likely to hold cryptocurrencies as they are to own stocks or real estate. Crypto Over Traditional Investments According to the survey, over 20% of young Americans own crypto, with younger generations investing in it four ...
Major Chinese Fund Managers Eyes Spot Bitcoin ETFs In Hong Kong
Key Takeaways Two of China’s largest asset managers, Harvest Fund and Southern Fund, applied to launch a spot Bitcoin ETF in Hong Kong through their local subsidiaries. This announcement comes as a surprise for the crypto industry as both entities are recognized as major asset managers in China, particularly given their country’s recent stance against ...
Ripple CEO Brad Garlinghouse Predicts The Crypto Market Will Reach $5 Trillion In Market Cap By End Of 2024
Key Takeaways According to a recent report from CNBC, Ripple Labs CEO Brad Garlinghouse predicted that the cryptocurrency market’s total value could reach $5 trillion by the end of 2024. Garlinghouse expressed strong optimism regarding the macro trends in the crypto space, particularly highlighting the advent of spot Bitcoin exchange-traded funds (ETFs) and the fact ...
Terraform Labs And Its Founder Do Kwon Have Been Found Liable For Civil Fraud In SEC Trial
Key Takeaways Terraform Labs and its co-founder Do Kwon were hit with a fraud conviction in a New York court, causing investors to lose an estimated $40 billion. The seven jurors in Manhattan believed Terraform Labs and Do Kwon deceived investors with claims that “CHAI,” a well-known South Korean payment app, relied on their blockchain ...
Crypto Organizations Are Rallying For A Bitcoin Emoji To Convince The Unicode Consortium
Key Takeaways A movement led by Nexo aims to launch an official Bitcoin emoji, bringing together over 170 million community members worldwide. Major organizations such as Brink, Bitget, Chainalysis, Kraken, Polygon, Brave, and BTC Inc. are also supporting the campaign. Bitcoin Emoji Campaign Aiming for wider recognition, Nexo and over 35 other cryptocurrency organizations launched ...
Ripple To Launch A USD-Backed Stablecoin
Key Takeaways Ripple, creator of XRP Ledger (XRPL), announced the upcoming launch of its stablecoin pegged to the US dollar. This digital currency will be backed by a reserve of US dollars held by Ripple, including bank deposits, government bonds, and similar assets. While the cross-border payments company has yet to reveal the specific auditing ...
Coinbase Partners With Lightspark To Integrate Bitcoin Lightning Payments
Key Takeaways Coinbase is teaming up with Lightspark to bring the Lightning Network to its platform. This will allow users to make Bitcoin transactions much faster and for significantly lower fees. Coinbase To Integrate The Lightning Network In 2023, Coinbase CEO Brian Armstrong initially faced criticism from Jack Dorsey, the former CEO of X, for ...
US Government Moves $2B Of Silk Road’s Bitcoin To Coinbase
Key Takeaways The US Department of Justice (DOJ) reportedly tried to move some Bitcoin from a wallet containing $2 billion in seized cryptocurrency linked to Silk Road to Coinbase Prime. The first transfer was a small amount, likely just a test transfer of 0.001 BTC. US Government Transfer $130M Worth Of BTC After Test Transfer ...
Sam Bankman-Fried (SBF) Says He Never Thought His Actions Were Illegal
Key Takeaways The two-year saga of the FTX collapse finally reached its conclusion with Sam Bankman-Fried’s sentencing. Though prosecutors initially eyed a potential century-long sentence, the former CEO of the once-dominant crypto exchange will serve 25 years in prison. While the sentence fell short of initial expectations, 25 years is still a very long prison ...
Tether Adds 8,889 BTC To Its Reserves, Total Holding Are Now Over 75,000 BTC
Key Takeaways In the first quarter of this year, USDT stablecoin issuer Tether increased its holdings by nearly 8,889 Bitcoin (BTC), according to data from on-chain tracker Arkham Intelligence. The blockchain analytics firm revealed that a wallet linked to the world’s largest stablecoin issuer received 8,888.88 BTC, valued at roughly $627 million, from a Bitfinex ...
Bitcoin 
Ethereum 
Solana 
XRP 
Cardano 
Polkadot 
Polygon