Bitcoin’s price tumbled Monday evening around 6 p.m. ET after news spread that U.S. President Donald Trump announced plans to impose a 25% tariff on Canadian and Mexican imports, set to take effect March 4, 2025. The development aligned...

Source: (Bitcoin News ) 1 year ago 36

The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division of financial services firm Robinhood, announced on Monday that...

Source: (Bitcoin News ) 1 year ago 49

Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour...

Source: (Bitcoin News ) 1 year ago 37

Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks...

Source: (Bitcoin News ) 1 year ago 38

KIP Protocol has released an official statement denying any involvement in the controversial LIBRA token launch. The company clarified that it did not initiate or profit from the project and is prepared to take legal action to protect its...

Source: (Bitcoin News ) 1 year ago 57

Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims...

Source: (Bitcoin News ) 1 year ago 35

A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing...

Source: (Bitcoin News ) 1 year ago 58

Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the...

Source: (Bitcoin News ) 1 year ago 42

The Nasdaq Stock Market LLC, on behalf of Canary Capital, submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list a spot exchange-traded fund (ETF) focused on the native asset of the Hedera Network, HBAR....

Source: (Bitcoin News ) 1 year ago 42

BTC retreated to $95K, mostly due to the Bybit hack and Fed rate jitters, both of which shook market confidence. Crypto Market Reels as Bitcoin Drops to $95K Following Bybit Hack and Fed Speculation Bitcoin (BTC) is navigating a...

Source: (Bitcoin News ) 1 year ago 43