Bitcoin

JPMorgan: Bitcoin Still Overbought Despite Price Drop

Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure...

Report: China Could Be Hoarding Over 5,300 Tonnes of Gold, Might Create Price ‘Perfect Storm’

A recent report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves held by the...

Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate

According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against...

Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved

In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years,...

Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision

Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the...

Bitcoin’s Dormant Giants: March Sees Unprecedented Movement of Vintage BTC

In recent times, bitcoin has consistently remained above the $60,000 mark throughout the entire month of March. With its value soaring, many long-standing...

Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash

In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late...

TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was...

El Salvador Keeps Buying BTC, Top BTC Mining Rigs, Blackrock’s New ‘BUIDL’ Fund, and More — Week in Review

El Salvador continues its daily bitcoin purchases, aiming to keep buying until the cryptocurrency becomes too expensive. The top 10 bitcoin mining rigs...

EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts

A new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and providing custody to...