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Veteran Trader Peter Brandt Labels Bitcoin ETF a ‘Classic Buy the Rumor, Sell...

According to the veteran trader Peter Brandt, the current bitcoin exchange-traded funds (ETF) hype which has seen the “average guy on the street” clamoring to get may be a signal to experienced traders that it is time to sell...

Bitcoin Transaction Fees See Sharp Decline Since December Peak, Network Congestion Persists

On Jan. 10, 2024, the fee for high-priority transactions is set at 42 satoshis per virtual byte (sats/vB), amounting to $2.66 per transaction. The average transaction fee stands at 98.9 sats/vB, equivalent to $11.17 per transfer. Although there has...

Ethereum Bounces Back: Surpasses 2-Year Low Against Bitcoin Following Erroneous SEC Announcement

On Jan. 9, 2024, ethereum’s value relative to bitcoin plummeted to its lowest level since November 2021. Yet, in the past 24 hours, ether has rallied, gaining 3.66% against bitcoin, recovering from this two-year low. Ether Rebounds Strongly in...

Bit.Store Leads with a First: BRC20 Token Integration for Crypto Card Recharges

PRESS RELEASE. Lithuania, 10th Jan 2024: In a groundbreaking move, Bit.Store has become the first crypto card service to integrate BRC20 tokens (Bitcoin Originals) for card recharges. This pioneering step demonstrates Bit.Store’s commitment to innovation in the cryptocurrency space,...

UAE-Based Phoenix Group Bolsters Mining Capabilities With $187M Bitmain Deal Amidst Global ASIC...

Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $187 million in application-specific integrated circuit (ASIC) bitcoin mining rigs. The purchase was made from Bitmain, one of the leading ASIC manufacturers in the industry. Phoenix...

North Korea-Affiliated Hackers Stole $600 Million in 2023 — Ten Times More Damaging...

North Korea-affiliated hackers stole digital assets worth $600 million in the past year. According to a TRM Labs report, this figure will likely rise to $700 million if additional attacks which occurred at the tail end of the year...

Australian Government Official to Question Regulator Over Its Failure to Warn Crypto Investors

The Australian government’s assistant treasurer, Stephen Jones, has stated his intention to query the country’s securities regulator over its failure to warn investors about the risks of investing in the now-collapsed crypto investment firm Hyperverse. Jones stated that a...

Nigerian Payments Fintech Startup Cleva Secures $1.5 Million in Pre-Seed Funding

The Y Combinator-backed Nigerian fintech startup has reportedly raised $1.5 million in pre-seed funding. Tolu Alabi, the CEO of Cleva, expressed confidence in her and fellow co-founder Philip Abel’s ability to navigate the competitive fintech market, citing their background...

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Bitcoin Reclaims $90K After Trump’s Davos Speech, but Gains Quickly Evaporate

Bitcoin briefly surged again above $90,000 on Jan. 21 after President Donald Trump eased tensions over Greenland. The rally,...