Tag: NYSE: BTCM
Experts Discuss How Public Trust, Transparency Can Be Bolstered in Cryptocurrency Markets – CryptoCurrencyWire
Recent disclosures about money laundering, dishonesty and fraudulent activity by Binance, FTX and other organizations have seriously damaged public trust in the crypto asset...
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Report Says Global Crypto Users Reached 580M Last Year – CryptoCurrencyWire
The global count of crypto owners experienced an upswing in 2023, surging by 34% to reach a massive 580 million by December, according to...
New U.S. Law on Crypto Tax Reporting Comes into Force – CryptoCurrencyWire
A new tax legislation, the Infrastructure Investment & Jobs Act, ratified in late 2021, now requires individuals or businesses obtaining at least $10,000 in...
BlackRock Opens Door to Institutions to Invest in Its Bitcoin ETF – CryptoCurrencyWire
BlackRock’s proposed Bitcoin (BTC) spot ETF is undergoing a key adjustment in its mechanics, opening up possibilities for Wall Street financial institutions to play...
The Cryptocurrency Industry Reacts to Bankman-Fried’s Fraud Conviction – CryptoCurrencyWire
The recent conclusion of Sam Bankman-Fried’s trial has sparked contemplation on the future trajectory of the cryptocurrency industry. The verdict, which found Bankman-Fried, the...
Top Bitcoin Mining Stocks for 2024
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A foundational part of the bitcoin architecture is participation through mining. This process of sharing processing power to verify transactions provides...
EU Passes Resolution to Strengthen Regional Cooperation on Crypto Tax Information Sharing – CryptoCurrencyWire
The European Union’s Council has enacted a directive to improve coordination between national tax agencies, specifically concerning crypto asset transactions. The Oct. 17, 2023,...
Singapore Arrests Collapsed Crypto Hedge Fund Cofounder – CryptoCurrencyWire
Authorities in Singapore have apprehended Three Arrows Capital (3AC) cofounder Su Zhu as he attempted to leave Singapore. Teneo, the liquidator in charge of...
FTX Asks Court to Allow Conversion of Assets into Fiat Currency – CryptoCurrencyWire
The insolvent cryptocurrency exchange, FTX, is actively exploring avenues to rejuvenate its operations and settle its debts. Recent court documents reveal its intention to...
JPMorgan Report Shows Crypto Miners Are Diversifying Business Interests – CryptoCurrencyWire
Bitcoin mining companies are branching into fresh business domains, diversifying into high-performance computing services for the rapidly expanding artificial intelligence sector. The objective behind...
SEC Wanted Coinbase to Trade Only Bitcoin Before Suing Exchange, FT Report – CryptoCurrencyWire
According to a report by the Financial Times, Coinbase’s CEO Brian Armstrong revealed that the U.S. SEC had advised Coinbase to cease trading in...
Standard Chartered Expects Bitcoin to Climb to $120,000 Next Year – CryptoCurrencyWire
According to Standard Chartered, the main cryptocurrency, Bitcoin, has the potential to rise to $50,000 in value this year and an impressive $120,000 in...
Bitcoin Jumps 10% Amid Bullish Investor Sentiment – CryptoCurrencyWire
Last week, Bitcoin surged to its highest point since April, fueling excitement among traders who are hopeful for the approval of a spot Bitcoin...
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