Auto Added by WPeMatico

From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin

According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was…

Continue ReadingFrom $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin

Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market

After a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from…

Continue ReadingGalaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market

FBI Warns of Fake Firms Promising to Recover Lost Cryptocurrencies

The Federal Bureau of Investigation (FBI) has alerted the public to “an emerging criminal tactic” targeting investors who have already fallen victim to cryptocurrency scams and seek to recover their…

Continue ReadingFBI Warns of Fake Firms Promising to Recover Lost Cryptocurrencies

Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its…

Continue ReadingTencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm

A researcher with the Korean Institute of Finance has warned South Korea against introducing spot cryptocurrency exchange-traded funds (ETFs) because these may pose risks to financial stability. The introduction of…

Continue ReadingKorean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm

Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden

Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration…

Continue ReadingCrypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden

Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy

Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is “crashing.” However, he affirmed that he is waiting to…

Continue ReadingRobert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy

JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal

Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave.…

Continue ReadingJPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal