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Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors

Crypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the end of a decade-long process. Kraken CEO David Ripley…

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Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says

Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business…

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US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains

Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds…

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Robert Kiyosaki Forecasts $105,000 Bitcoin and $3,300 Gold if Trump Wins

Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and…

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Ethereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch

Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday…

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SEC Extends Review Period for Bitcoin Trust Options Trading Proposals

The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on…

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Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision

On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced…

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Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience

While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and…

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Veteran Trader Peter Brandt Identifies Bitcoin’s Down Channel Pattern

Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.” Brandt’s recent analysis also indicates a potentially significant long-term upside for bitcoin, contrasting…

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US Senator Highlights Bitcoin as Currency Unaffected by Widespread Cyber Outages

U.S. Senator Cynthia Lummis has emphasized bitcoin’s resilience as a form of currency unaffected by widespread cyber outages. Her remarks followed major system failures linked to Crowdstrike, which impacted multiple…

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