Auto Added by WPeMatico

Bitwise CEO: Bitcoin Should Move on From ‘Digital Gold’ Narrative as It Reaches Mainstream Adoption

Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that,…

Continue ReadingBitwise CEO: Bitcoin Should Move on From ‘Digital Gold’ Narrative as It Reaches Mainstream Adoption

El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies

Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be…

Continue ReadingEl Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies

Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days

According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC,…

Continue ReadingInvestors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days

Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty

Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto asset’s market capitalization is $1.31 trillion, and the 24-hour trading…

Continue ReadingBitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty

Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round

Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in…

Continue ReadingPermissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round

Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto

Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and…

Continue ReadingBinance CEO Sees 2024 as a ‘Landmark Year’ for Crypto

Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court

The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi…

Continue ReadingLandmark Ruling: Crypto Dealings Not Illegal in India, Says High Court

Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds

The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin…

Continue ReadingAttorney Disbarred After Misappropriating $4 Million in Bitcoin Funds

Coinbase CEO Engages US Senators to Push Clear Crypto Regulations

Coinbase CEO Brian Armstrong said on Wednesday that he engaged with over a dozen senators from both Democratic and Republican parties in Washington, D.C., over the past 48 hours. The…

Continue ReadingCoinbase CEO Engages US Senators to Push Clear Crypto Regulations