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Italy’s Central Bank Calls for Framework to Prevent Stablecoin Runs
Introduction The Bank of Italy, the country's central bank, has called for a "robust, risk-based" regulatory framework for stablecoins. The bank's governor, Ignazio Visco, said...
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Bitcoin ETF Race Gets Hotter as ARK Invest Adds Surveillance Agreement to Application
The race to launch the first Bitcoin exchange-traded fund (ETF) in the United States is heating up, with ARK Invest adding a surveillance sharing...
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MicroStrategy Buys $347M Worth of Bitcoin Amid Market Thaw
Introduction On June 28, 2023, software analytics firm MicroStrategy announced that it had purchased an additional 12,333 Bitcoin (BTC) for a total of $347 million....
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CFTC Issues $54M Default Judgment Against Trader in Crypto Fraud Scheme
Introduction The Commodity Futures Trading Commission (CFTC) has issued a default judgment against Michael Ackerman, a resident of Alliance, Ohio, for operating a fraudulent digital...
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Will Bitcoin Ever Trade Below $27,000 Again?
Bitcoin has been on a wild ride in recent years, with its price soaring to record highs in 2021 before crashing back down in...
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Bitcoin Miners Send Record $128M in Revenue to Exchanges
What Happened? On June 27, 2023, Bitcoin miners sent a record $128 million in revenue to exchanges. This is equivalent to 315% of their daily...
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Will $30K be a new springboard for Bitcoin bulls?
Bitcoin has been trading sideways for the past few months, after a sharp decline from its all-time high of $69,000 in November 2021. However,...
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Cathie Wood’s ARK Reportedly ‘First in Line’ for a Spot Bitcoin ETF
Introduction The Securities and Exchange Commission (SEC) has been reviewing applications for spot Bitcoin exchange-traded funds (ETFs) for several years. In recent months, there has...
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Bitcoin Bulls Grill $31K as Fidelity ETF Move Fuels BTC Price Strength
Bitcoin (BTC) challenged $31,000 again after the June 27 Wall Street open as traders hoped for upside continuation. Data from Cointelegraph Markets Pro and TradingView...
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Bitcoin Price Drivers for Remainder of 2023
Introduction Bitcoin has been on a wild ride in recent years, with its price soaring to all-time highs in 2021 before crashing back down in...
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Kalshi Partners with Zero Hash to Enable Instant USDC Funding
Kalshi, a regulated exchange overseen by the Commodity Futures...
Sui Token Surges 13% Amid Expanding Market Share and Bullish Indicators
Sui, a rising competitor to Ethereum and Solana, experienced...
Coinbase Integrates Visa Direct for Real-Time Account Funding
Coinbase users can now fund their accounts in real-time...
Bitcoin Hits $72,000; Crypto Stocks See Modest Gains
Bitcoin's rise to nearly $72,000, approaching its March peak...
Brazil’s Crypto Imports Surge 60.7% in 2024, Driven by Stablecoins
Brazil's net imports of cryptocurrency surged by 60.7% in...