One of the first depictions of the Mickey Mouse character has finally entered the public domain, and it is now immortalized in a non-fungible token collection. A limited edition of 2,000 NFTs featuring the famous mouse in one of its first animated shorts, “Steamboat Willie,” was minted during New Year’s Eve to commemorate the occasion. […]
Solana Tops $100 After Monumental 764% Growth This Year
On Saturday, the smart contract platform Solana’s token, solana (SOL), eclipsed the $ 100 threshold, achieving a weekly growth exceeding 36% against the U.S. dollar. Throughout the year, investor sentiment toward solana (SOL) has remained overwhelmingly positive, intensifying following the conviction of ex-FTX chief Sam Bankman-Fried on multiple charges on Nov. 2, 2023. Solana’s …
Galaxy Digital CEO Mike Novogratz Expects Spot Bitcoin ETF Approval by January 10, Regulatory Progress After Election
Galaxy Digital CEO Mike Novogratz expects the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF) by Jan. 10 next year. Subsequently, he foresees the cryptocurrency reclaiming its all-time high of $ 69,000 and wouldn’t be surprised if it surpasses that price level. The executive also predicts progress in …
ETHW Core Team Dissolved Just Weeks After Pleading for Funds to Maintain Servers
The Ethereum Proof of Work (ETHW) core development organization has been dissolved to help the protocol achieve full autonomy. In late November, the ETHW team pleaded for $ 200,000 in funding to maintain servers and recruit part-time engineers. ETHW Core team’s development approach has been criticized. Upholding PoW as the Chain’s Consensus On …
Goldman Sachs: Don’t Expect Immediate BTC Spike After Spot Bitcoin ETF Approvals
Global investment bank Goldman Sachs has advised investors against anticipating a sudden and immediate surge in the price of bitcoin upon the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Nonetheless, Goldman Sachs highlighted that the “ability to actually transact a product that people are familiar with and […]
Lesotho’s Entire Payment System Reportedly Goes Offline After Cyberattack
The Central Bank of Lesotho recently confirmed that its payment system was attacked by unknown cybercriminals. The bank also acknowledged that the resulting downtime is making it “impossible for all local banks to honor inter-bank transactions in the country.” No Financial Loss Suffered The Central Bank of Lesotho (CBL) has stated that the cyber security […]
Salvadoran Bitcoin Volcano Bonds Target Q1 2024 Launch After Getting Regulatory Approval
Discussion on the Volcano Bonds, a series of digital debt instruments that would be used to finance the creation of Bitcoin City, has resurfaced after their regulatory approval in El Salvador. The Bitcoin Office in the country revealed that it anticipated a launch date of Q1 2024 for these bonds. Volcano Bonds Might Be Issued […]
Vaneck Expects Bitcoin Price to Reach All-Time High After Donald Trump Wins US Presidency
Asset management firm Vaneck has predicted that bitcoin’s price will reach an all-time high on Nov. 9, following a “combative election that saw Donald Trump win 290 electoral votes and regain the presidency, raising optimism that the SEC’s hostile regulatory approach will be dismantled.” Vaneck further predicted that Satoshi Nakamoto could be named Time Magazine’s […]
Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned EntitiesÂ
Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily freeze tether-holding wallets linked to the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List marks a […]
Satoshi Era Bitcoin Awakens: 2010 Block Reward Moves 3 Days After Mega Whale Activity
After the notable appearance of a mega whale on December 4, another block reward from the Satoshi era was moved on December 7, at a block height of 820,156. This transaction marks the 21st block reward from 2010 to be spent in the initial week of December. Sleeping Bitcoin Stash Stirs After a Decade On […]
Novogratz Expects Bitcoin Price to Be ‘Significantly Higher’ After SEC Approves Spot Bitcoin ETFs
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to be significantly higher when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “We will see a pretty successful shift of psychology … when the government says ‘you are allowed to buy bitcoin,’” he described. Mike Novogratz’s Bullish Bitcoin Prediction […]
Ethereum Technical Analysis: ETH Momentum Stops Short After Hitting $2,100 Barrier
Similar to bitcoin prices, the second leading crypto asset in terms of market capitalization has risen on Friday, jumping 2% against the U.S. dollar. The 24-hour price range of ether has been recorded between $ 2,024 and $ 2,111, reflecting a volatile yet upward trajectory. Ether now stands with a market capitalization of …
Treasury Asks Congress for More Authorities to Go After Illicit Actors in Digital Asset Space
The U.S. deputy secretary of the Treasury has revealed that the Treasury Department has asked Congress for more tools and authorities “to go after illicit actors in the digital asset space.” Moreover, he stressed: “We need to update our illicit finance authorities to match the challenges we face today, including those presented by the evolving […]
Slumbering Bitcoin Cache Awakens After More Than a Decade, Transacting $3.77 Million
In September and October 2023, a surge in activity was observed as numerous dormant bitcoin wallets from 2012 reawakened, transacting millions in bitcoin after lying inactive for more than ten years. Despite this flurry of activity, there were no further movements from these wallets for the majority of November, following a modest transfer of ten […]
BRC20 Token ORDI Dips 10% in a Week After a 319% Monthly Surge, Nears Record High
The price of the BRC20 token ordi (ORDI) slid more than 10% this week against the U.S. dollar after recording substantial gains over the three weeks prior. Despite the recent downturn, ORDI has risen over 300% during the last 30 days and it’s a touch over 25% away from surpassing its all-time price high. ORDI […]