Bitcoin

Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months

According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark. If bitcoin’s value drops by...

Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card

Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated...

Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years

The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S....

Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground

Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for...

Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures

A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023,...

7 Events That Could Shift the Crypto Market Landscape in an Instant

The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could influence its future positively....

Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact

In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal...

German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset

A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s...

Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed

Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent...

Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months

Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at...