Trade News

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  Wireless Carriers Accepting Bitcoin Make Big Push for SIM Swap Cell Phone Security Programs

  2024-03-09 Trade News

  Cloaked Wireless, a Mobile Virtual Network Operator (MVNO), has recently introduced strong measures against unauthorized SIM swapping and porting attacks, aiming to solve the SIM swapping problem by introducing robust measures against unauthorized SIM swapping and porting out attacks. It also stood out by accepting Bitcoin as a payment method,…

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  Uzbekistan and Tether Partner to Promote Cryptocurrency and Blockchain Development and Regulation

  2024-03-09 Trade News

  Stablecoin issuer Tether Coin ( Tether ) Ltd. has signed a memorandum of understanding (MoU) with the National Agency for the Future Project (NAPP) of the Republic of Uzbekistan, aiming to develop a regulatory and legal framework for digital assets in the country, according to a March 7 news release.…

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  Fed Chair Powell confirms regulators have no plans to recommend or adopt central bank digital currencies

  2024-03-09 Trade News

  Jerome Powell told lawmakers that the Federal Reserve has no plans to launch a central bank digital currency (CBDC) without explicit authorization from Congress. Federal Reserve Chairman Jerome Powell ( Jerome Powell ) told a March 7 Senate Banking Committee hearing on monetary policy that regulators are far from adopting…

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  Is China ready to lift its cryptocurrency ban?

  2024-03-08 Trade News

  Summary: -China has had a strict ban on cryptocurrency trading since September 2021, but interest in Bitcoin is on the rise. -Despite the ban remaining in place, China's underground cryptocurrency market is still heavily traded. -Hong Kong is open to digital assets and faces an economic downturn driving investors to…

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  Some longtime bitcoin holders have recently sold their bitcoins.

  2024-03-08 Trade News

  Bitcoin's record rise has prompted long-term investors to dramatically increase their sales. Long-term holders of the world's largest cryptocurrency, Bitcoin, have seen selling pressure from long-term holders increase significantly as the price of Bitcoin nears all-time highs, according to data from blockchain analytics firm Glassnode.Bitcoin Miner Bitcoin rally triggers massive…

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  Satoshi Nakamoto’s Prophecy: Another Bank Hits Rock Bottom While Bitcoin Soars

  2024-03-08 Trade News

  Summary: -Shares of New York Community Bank (NYCB) have plunged more than 40% amid concerns over its financial health, while Bitcoin has soared to a new high of $69,000. -The bank's woes, including a $2.4 billion loss and leadership changes, stand in stark contrast to Bitcoin's strong growth. -Despite possible…

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  Ether vs Solana: Latest Upgrade Intensifies Battle for Hegemony

  2024-03-07 Trade News

  Abstracts: - Solana's upgrade could challenge Ether's Layer-1 dominance by attracting developers to participate at a lower cost.Bitcoin Miner - Solana still retains over 50% of its developers, signaling its growing popularity and increasing competition with Ether. - Despite its potential, Solana faces a number of challenges, including network stability…

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  ITB: As OP breaks out to new all-time highs, all OP holders are making profits

  2024-03-07 Trade News

  The token has risen 44% over the past month and 82% for the year, with 24-hour trading volume reaching $782 million. According to data shared by crypto market intelligence platform IntoTheBlock, more than a million addresses holding OP, including wallets that acquired the token for $4.01, are now in profit.…

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  SEC Delays BlackRock, Fidelity Decisions on Spot Ether ETFs

  2024-03-07 Trade News

  The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on spot ethereum exchange-traded fund (ETF) applications filed by firms from BlackRock and Fidelity, as analysts continue to be bullish that May could be a pivotal time.Bitcoin Miner The latest delayed decision comes weeks after the agency…

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  Spot Bitcoin ETF Surpasses $10 Billion in Daily Volume, Breaking Records

  2024-03-07 Trade News

  ETF performance coincided with BTC hitting a new all-time high. This week, the Spot Bitcoin ETF continued its record-breaking performance, achieving over $10 billion in trading volume on March 5, the highest since its launch in January.Bitcoin Miner The previous record was set on Feb. 28, when the ETF's total…

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