Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Tether Says USDT Market Cap Climbs Toward $100 Billion
Tether Says USDT Market Cap Climbs Toward $100 Billion
January 31, 2024  |  Cryptocurrency

Tether, issuer of USDT stablecoin, says its flagship digital asset is worth nearly $100 billion. The company on Wednesday (Jan. 31) released earnings showing that...

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FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
January 28, 2024  |  Cryptocurrency

FTX has reportedly been selling crypto assets and stockpiling cash as it looks to repay customers. Those customers’ accounts have been in limbo since the cryptocurrency...

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Bitcoin Falls Amid Investor Profit-Taking After Recent High 
Bitcoin Falls Amid Investor Profit-Taking After Recent High 
January 23, 2024  |  Bitcoin

Bitcoin continued its recent decline, falling below $39,000 on Tuesday.  This marks the world’s largest cryptocurrency’s lowest level since December and comes after a 2.5%...

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SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
January 22, 2024  |  Security & Fraud

The Jan. 9 hack of the Securities and Exchange Commission’s (SEC) account on the social media platform X (formerly known as Twitter) was apparently the result of...

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Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
January 18, 2024  |  Cryptocurrency

Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings...

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JPMorgan Dubious Bitcoin ETFs Will Draw New Capital
JPMorgan Dubious Bitcoin ETFs Will Draw New Capital
January 15, 2024  |  Cryptocurrency

J.P. Morgan analysts are doubtful about the promise of bitcoin exchange-traded funds (ETFs). The banking giant thinks bitcoin ETFs will draw substantial funds from other...

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Report: FTX Customers Feel Cheated by Bankruptcy Repayment Plan
Report: FTX Customers Feel Cheated by Bankruptcy Repayment Plan
January 11, 2024  |  Cryptocurrency

Some former FTX customers are reportedly unhappy with the bankrupt cryptocurrency company’s repayment plans. More than 80 customers have written to the federal bankruptcy judge...

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Stablecoin Issuer Circle Resurrects Plan to Go Public
Stablecoin Issuer Circle Resurrects Plan to Go Public
January 11, 2024  |  Cryptocurrency

Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the...

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SEC Authorizes Bitcoin ETF Without Endorsing Bitcoin
SEC Authorizes Bitcoin ETF Without Endorsing Bitcoin
January 11, 2024  |  Cryptocurrency

American regulators have approved bitcoin exchange-traded funds in a victory for the cryptocurrency sector. The Wednesday (Jan. 10) announcement by the Securities and Exchange Commission (SEC) came after years...

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