Bitcoin Financial News

09.02 / 14:39

business Twitter Bitfinex Ava Labs Bitcoin recovery Bitfinex hack recovery spurs crypto community responses

On February 1, there were movements of around $2.5 billion from the 2016 Bitfinex hack wallets. After reviewing the transactions, Cointelegraph reported that around 90,000 Bitcoin (BTC), worth $3.6 billion, consolidated into one wallet address. More than a week later, the hackers were caught.

09.02 / 14:11

Adoption Lightning Network lightning Bitcoin network bitcoin lightning Bitcoin Lightning Network growth capacity plateaus at 3,400 BTC

Following an exponential climb in capacity over 2022, the Bitcoin (BTC) Lightning Network made a lackluster start to the new year. According to a report by Arcane Research, growth in the Lightning Network capacity, or the number of BTC locked up in channels, has stuttered.

09.02 / 13:57

BTC FIVE Bitfinex Bitcoin 2016 Bitfinex hack: U.S arrests accused couple, seizes stolen Bitcoins worth $3.6B

The United States Government now controls one of the wealthiest Bitcoin wallets, as the Department of Justice seized $3.6 billion in stolen cryptocurrency from the 2016 hack of crypto exchange Bitfinex.

09.02 / 13:57

Ethereum BTC Digital Bitcoin recovery Support Fund inflows support Bitcoin’s recovery story, but this crypto continues to lag

The month of January was responsible was a downward spiral in the crypto-market. And, the downtrend was also responsible for reducing fund flows for all digital assets. However, for the third straight week, the trend seems to be reversing with recovery on the way.

09.02 / 13:55

business Adoption Bitcoin JPMorgan estimates ‘fair value’ of Bitcoin at $38K

AmidBitcoin (BTC) posting a significant price recovery since early February, JPMorgan analysts suggested that the “fair value” of BTC is actually lower than its market price on Tuesday.

09.02 / 13:21

coinbase Apple iphone Bitcoin Apple iPhone Upcoming Apple iPhone feature to give merchants a way to accept crypto payments

Apple announced plans to launch Tap to Pay for iPhone, a new feature that effectively turns the smartphone into a point of sale (POS) device for businesses and merchants. So, what’s in it for crypto?

09.02 / 13:19

Binance Digital Bitcoin Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report

Data collected from Russian authorities showed that the country could earn 1 trillion rubles ($13 billion) each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.

09.02 / 13:11

markets Bitcoin Bitcoin Price Bitcoin needs to reclaim these two levels to avoid another a $28K dip

Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed, new analysis suggests.

09.02 / 13:11

cryptocurrency Polkadot Maná Bitcoin After Bitcoin 'winter', investors hunt risk in virtual worlds

Bitcoin drifts towards mainstream maturity in 2022, daring crypto investors are eyeing up new sources of explosive action: "altcoins" that power online games and worlds. But, be warned, the foothills of the unformed metaverse are no place for the faint-hearted. Bitcoin, which like the rest of the market had been largely sinking since late 2021, has risen about 16% over the past two weeks to push above $41,000, prompting many market players to declare an end to the "crypto winter".

09.02 / 12:31

Ethereum cryptocurrency Hacking Bitcoin US couple arrested for alleged fraud after $3.6 billion stolen Bitcoin seized in a record haul

The FBI arrested a husband and wife on Tuesday morning, alleging they conspired to launder cryptocurrency stolen from the 2016 hack of virtual currency exchange Bitfinex, and said law enforcement has already seized over $3.6 billion (€3.1 billion) in cryptocurrency tied to the hack.

09.02 / 11:13

Digital Currency regulation Bitcoin Russian gov't and central bank agree to treat Bitcoin as currency

The government and central bank in Russia have reached an agreement on how to regulate cryptocurrencies, according to a Tuesday announcement.

09.02 / 10:27

cryptocurrency regulation Bitcoin Russian Government Set to Launch Bill that Calls Bitcoin & Crypto a Currency Analogue

The Russian cabinet has reportedly thrashed out an agreement with the Central Bank on the matter of cryptoassets. Widespread media reports from the likes of Kommersant, as well as CNet explained that the agreement would see a draft law rolled out by February 18.

09.02 / 09:49

cryptocurrency FBI Bitcoin The Bitfinex Crypto Heist: All you need to know about the scamster couple

In 2016, cryptocurrency exchange Bitfinex was robbed of about $70 million, with hackers making away with some 1,20,000 bitcoins. The treasure is worth a staggering $4.5 billion today!

09.02 / 08:47

cryptocurrency Digital Bitcoin hack Bitcoin "Bonny & Clyde" Of Crypto Arrested Over $4.5 Billion Bitcoin Hack

Heather Morgan (R) and Ilya Lichtenstein were detained on charges of conspiring to launder Bitcoins.

09.02 / 08:23

Ethereum Ether price Bitcoin Bitcoin Price 'Powder keg’: FSInsight report says a single spark could see BTC 5X

Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022.

09.02 / 07:35

Ethereum cryptocurrency Russia Ukraine Bitcoin Ukraine volunteer groups turn to bitcoin crowdfunding for the country’s military and logistics as Russian invasion looms

About 100 miles from the Ukrainian border, in the regions of Kursk and Voronezh, more than 1,00,000 Russian troops have already amassed ahead of an impending global fear that Russia might invade Ukraine.

09.02 / 06:45

cryptocurrency Digital CryptoExplainer Bitcoin Here's How You Can Invest In Cryptocurrencies In India

Bitcoin is the first name that comes to mind when we discuss cryptocurrency.

09.02 / 06:45

cryptocurrency ETF Bitcoin crypto futures Canada's Largest Stock Market Operator Plans Crypto Futures Product

TMX listed the world's first bitcoin ETF almost a year ago.

09.02 / 05:41

cryptocurrency NFT Bitcoin bitcoin rises Cryptocurrency Prices Today: Bitcoin rises as Ethereum, Cardano and Solana decline

The global cryptocurrency market capitalisation dipped 0.48 percent over the last 24 hours to $2.00 trillion while trading volumes were up 8.54 percent to $103.29 billion.

09.02 / 04:19

BTC CEO Gap Bitcoin These factors are causing a rise in BTC, ETH’s correlation with the stock market

Going mainstream is not always the best outcome for assets, and cryptocurrencies have lent proof to the same. While a rise in adoption had definitely brought legitimacy and capital to the market, it has also made it susceptible to macroeconomic changes.

09.02 / 02:27

Provident Digital Strategy Bitcoin FDIC Acting Chairman prioritizes crypto in 2022, here’s what might be coming

Federal Deposit Insurance Corporation (FDIC) Acting Chairman Martin J. Gruenberg announced the key priorities for the year ahead. Among other pressing issues that were included in the 2022 agenda, the evaluation of the risks around cryptocurrency has also been given priority.

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