Crypto News

Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy

Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% increase over the past day and a notable 15.6% rise throughout the week. Bitcoin Breaks $49K Barrier, Bulls Seek to TackleSource link

The FTX Hack: The Unsolved SIM Swap Mystery

New rules from the SEC and FCC, and the former’s own SIM swap incident, are likely to raise scrutiny on crypto firms to clamp down on a scourge of identity-hacks, says Andrew Adams, partner at Steptoe.Source link

Gaming Tokens Are Riding the Bullish Bitcoin Wave

Immutable spiked to a two-year high and the Heroes of Mavia token is skyrocketing as Bitcoin hit $50,000 for the first time since 2021.Source link

BEAM and KAS Rise This Week Snagging Double-Digit Gains; XMR, FXS, and RON Face Sharp Declines

In the past week, bitcoin has risen over 10% and ethereum has seen a growth of more than 7%. Meanwhile, several cryptocurrency assets have posted significant double-digit increases. Notably, beam (BEAM) experienced a surge of over 49%, and kaspa (KAS) enjoyed a 37% uptick in its value within the same timeframe. 7-Day Crypto Gainers andSource link

Bitcoin Breaks $50K for First Time Since Hitting All-Time High in 2021

BTC has gained more than 15% over the past seven days and is now the highest it's been since December 2021.Source link