Bitcoin Financial News

By Elizabeth Howcroft

Bitcoin Cash (BCH) is once again on the climb, after a strong consolidation period sets stage for latest push-up, but how high could BCH go - find out in BCH price analysis.

Tether (USDT) continues to increase its treasury reserve holdings backing circulating USDT tokens, according to its latest financial attestation for the second quarter of 2023.

“With the launch of Velar Dharma Mainnet, we continue to push the boundaries of financial innovation with DeFi on Bitcoin. Our emphasis on accessibility and ease of use opens up the gate for a broader audience into a more inclusive, efficient, and secure ecosystem. It’s an exciting milestone for Velar, keeping it at the forefront of DeFi innovation in Bitcoin.

After years of leaving 39,712 Ether (ETH) locked at the Ethereum Name Service (ENS) auction, a whale using the domain “darkmarket.eth” has reclaimed the digital assets and transferred over $119 million in ETH to a new wallet. 

Investing.com -- The U.S. Securities and Exchange Commission requested that Coinbase (NASDAQ:COIN) cease trading in all digital tokens except for Bitcoin prior to filing a lawsuit against the cryptocurrency exchange, according to the Financial Times.

The price of Shiba Inu (SHIB) has dropped by 1% in the past 24 hours, with its fall to $0.00000840 coming as the cryptocurrency market as a whole moves sideways today.

Authorities in the town of Miri on the island of Borneo shut down an illegal cryptocurrency mining operation and seized equipment following a tip-off from the public.

Bitcoin (BTC) heads into a new week, with a new monthly close still stuck in one of its narrowest-ever ranges.

The price of Bitcoin SV (BSV) has risen by 11% in the past 24 hours, with its jump to $39.83 making it one of the best-performing top-100 coins in the market today.

Bitcoin roars back after a year of crypto industry scandals and losses, Mike Novogratz says one man in particular gives him reason to stay bullish. “The most important thing that happened this year in Bitcoin is Larry Fink,” Novogratz said, referring to the investment titan who is chief executive officer at BlackRock Inc., the world’s biggest asset manager. BlackRock thrilled the crypto community in June when it applied to launch an exchange-traded fund to track the spot price of Bitcoin — a move that, if approved, could potentially spark a new wave of investment in the cryptocurrency. But it was Fink’s seeming conversion from crypto skeptic to Bitcoin believer — he now considers it an “international asset” — that really has Novogratz excited. “He got ‘orange-pilled,’ as we say. Orange pill is when you take a nonbeliever and you make them a believer in Bitcoin,” Novogratz, CEO of Galaxy Digital Holdings, told David Rubenstein in an interview this week for an upcoming episode of Bloomberg Wealth. “Larry was a nonbeliever. Now he says, ‘Hey, this is going to be a global currency.’ People around the world all trust it.”

cryptocurrency markets were trading mixed in Monday's trade. Bitcoin and BNB were trading with gains, while Ethereum, Tron, Dogecoin, and Polkadot were trading with cuts. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.19 trillion, rising 0.04% in the last 24 hours. «After an eventful weekend, Bitcoin’s value slightly rose to the $29461 level. Bitcoin continues to trade in a range between $29000 and $29500 as it has over the last week,» Edul Patel, Co-founder and CEO at Mudrex, said. «The market seems to have digested the news about Curve Finance being the victim of an exploit. Curve’s CRV token price fell by over 15.87% over the last 24 hours. Ethereum successfully breached the threshold level of $1850 and is now trading at around $1871,» Edul added.

Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates by winning a new license in Dubai.

On Monday, Bitcoin price is on the rise, up by nearly 0.50% to reach $29,447.

Crypto exchange Coinbase was once told by the United State securities regulator to delist all cryptocurrencies on its platform except for Bitcoin (BTC), according to CEO Brian Armstrong.

(Reuters) — The U.S. Securities and Exchange Commission (SEC) had asked Coinbase (NASDAQ:COIN) to stop trading in all cryptocurrencies other than bitcoin prior to suing cryptocurrency platform in June, the Financial Times reported on Monday, citing Chief Executive Brian Armstrong.

Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft of millions of dollars' worth of cryptocurrencies on July 30.

Dogecoin has shown significant performance, becoming the best-performing project of the day. 

Bitcoin (BTC) has been stuck in a narrow range for the past several days. A minor positive is that the range has formed near the recent local high. This suggests that the bulls are not rushing to the exit as they anticipate another leg higher.

Al-Qaeda is shaping its Indian subcontinent offshoot to spread its operations to Jammu and Kashmir, as well as to Bangladesh and Myanmar. The Al-Qaida core in Afghanistan remains stable at 30-60 members, while the number of Al-Qaeda fighters in that country is estimated to be 400, reaching 2,000 with family members and supporters included, according to the report prepared by the UN Security Council 1267 Sanctions & Associated Committee that deals with the ISIS and Al Qaeda. Al-Qaeda in the Indian Subcontinent (AQIS, which is not listed by the UN) has about 200 fighters, with Osama Mehmood being the emir, according to the report.

Galaxy Digital's founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he'd invest in the Chinese giant Alibaba, silver, gold, Bitcoin (BTC), and Ethereum (ETH).