Bitcoin Financial News

07.12 / 13:11

UPS Twitter Bitcoin Craig Wright ‘wins’ multi-billion dollar Bitcoin lawsuit on all grounds except one

Self-proclaimed Satoshi Nakamoto, Craig Wright, just won a major lawsuit where the Miami jury ruled in his favor. He was pitted against the family of his ‘former business partner’ with 1.1 million Bitcoin worth around $54 billion at stake. This was the amount of Bitcoin mined and held by Satoshi, the value of which has gone up multifold since.

07.12 / 12:55

business Ethereum NASDAQ Bitcoin Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes

Nasdaq Stockholm has announced that 21Shares has listed their first two physically backed exchange-traded notes (ETNs) on the Swedish trading platform.

07.12 / 12:41

Digital Bitcoin Jury in Satoshi Nakamoto case reject claims of partnership to create bitcoin

A Florida jury rejected claims that Craig Wright and David Kleiman formed a partnership to launch bitcoin, ending a high-profile case that revolved around the identity of the digital currency’s anonymous creator Satoshi Nakamoto and the disposition of a multibillion-dollar fortune.

07.12 / 12:35

cryptocurrency Digital Bitcoin What Next For Crypto In India? Deadline To Declare Crypto Assets: Report

New Delhi: India is considering appointing its capital markets regulator to oversee cryptocurrencies, according to people with knowledge of the matter, as authorities look to classify them as financial assets.

07.12 / 12:17

Legal Bitcoin USD 100M Jury Verdict in Craig Wright Case Brings More Confusion

The man known to many of his detractors as “Faketoshi” – the Australian computer scientist Craig Wright – has been celebrating victory after he was forced to pay USD 100m in damages by a jury in Miami. His 'win' has been questioned by the wider crypto community and some legal professionals, as well as denied by the plaintiff's lawyers – who also claim victory.

07.12 / 12:05

Blockchain white house Bitcoin Crypto tumblers, exchanges under microscope as DOJ launches new task force

The White House, under the Biden-Harris administration, introduced a five-pillar strategy to counter corruption as a part of the core United States national security interest. The strategy involves establishing a new task force to address potential illicit activities on crypto exchanges and other services that can serve as avenues for money laundering.

07.12 / 12:01

cryptocurrency Ether Bitcoin Bitcoin Price Weekend Bitcoin back over $50,000 as market calms after weekend turmoil

Bitcoin rose 1.5% in early Asia on Tuesday, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday's sharp and sudden plunge. The world's largest cryptocurrency was last around $50,800, having closed a choppy day on Monday 2.2% higher.

07.12 / 11:41

markets Bitcoin Bitcoin Price Time This Bitcoin price metric just hit 'oversold' for only the 7th time in 8 years

A Bitcoin (BTC) price metric which made BTC “look seriously cheap” at $56,000 is now in rare oversold territory.

07.12 / 09:01

cryptocurrency Current Affairs Bitcoin BitMart to compensate victims after hackers steal $150 million worth of cryptocurrencies

Crypto exchange BitMart has said it will compensate victims of a mega security breach after hackers stole cryptocurrencies worth around $150 million.

07.12 / 08:55

Ethereum cryptocurrency Bitcoin week Cryptocurrencies post net inflows last week, but outflows seen on Friday: CoinShares

Cryptocurrency products and funds received $184 million in net inflows as of last week, data from digital asset manager CoinShares showed on Monday. Friday's price weakness, however, did lead to $40 million outflows that day, CoinShares said.

07.12 / 08:19

Bitcoin news Bitcoin Bitcoin Price Power A Bitcoin boom fueled by cheap power, empty plants and few rules

bitcoin mining operation is opening northeast of Niagara Falls this month on the site of the last working coal plant in the state of New York. Across the state, a former aluminum plant in Massena, already one of the biggest cryptocurrency sites in the United States, is expanding. And in Owego, a metal-recycling mogul with 11.3 million Instagram followers is making a gritty startup with banks of computers in shipping containers next to a scrapyard.

07.12 / 07:11

Lightning Network Bitcoin bitcoin lightning Jack Dorsey's Spiral demos Bitcoin Lightning Development Kit

The crypto arm of the recently rebranded Square (now Block) has demonstrated its Lightning Development Kit (LDK) as it aims to turbocharge the Bitcoin network.

07.12 / 07:03

cryptocurrency Man Bitcoin US court Self-Described Bitcoin Creator Asked To Pay $100 Million By US Court

The jury rejected most claims against Craig Wright.

07.12 / 06:19

cryptocurrency Edison Bitcoin Weekend Bitcoin Back Over $50,000, As Market Calms After Weekend Turmoil

Bitcoin fell as much as 22% to just under $42,000 on Saturday.

07.12 / 06:09

cryptocurrency ETF Bitcoin Cryptocurrency Prices today on December 7: Markets in green as Bitcoin, Solana,Ethereum rises

The global crypto market capitalisation rose 4.46 percent over the last 24 hours to stand at $2.37 trillion. Bitcoin, currently trading at $50,785.67 saw a fall in its market dominance by about 0.22 percent over the last day to stand at 40.51 percent.

07.12 / 04:55

cryptocurrency Ether Bitcoin Bitcoin Price Weekend Monday blues? Bitcoin tumbles 5% after weekend battering

Bitcoin tumbled almost 5 per cent on Monday as the start of the week offered little respite to the world's largest cryptocurrency after a bruising weekend where at one point it lost over a fifth of its value. The rout sent bitcoin's price and the amount invested in bitcoin futures back to where they were in early October, before a massive price surge that sent the token to an all-time high of $69,000 on Nov. 10. It was last down 3.9 per cent at $47,567.

07.12 / 04:19

UPS Ethereum Bitcoin Advisors keep Bitcoin in their portfolio despite steep corrections

The crypto market saw somewhat of a blood bath over the weekend, on the back of a 22% Bitcoin plunge. While some recovery is on the way, advisors have been keeping large-cap Bitcoin constant in their portfolios.

07.12 / 02:41

BTC ETF CEO Bitcoin Bitcoin futures ETF has under-performed spot prices since 2018, is it still viable?

A new type of exchange-traded fund sprang into the public markets with the arrival of ETFs tied to Bitcoin futures. These ETFs invest in contracts used to speculate on future BTC prices. They can be purchased and sold like a stock and don’t require buyers to hold an account at a cryptocurrency exchange or to have a crypto wallet. The SEC chairman, Gary Gensler struck a similar tone, igniting a rush in tailor-made ETF filings.

07.12 / 02:41

UPS Lowe's Target Bitcoin network Growing network, sloppy price – Where next for Cardano

Once the third-ranked crypto by market cap, Cardano had given its HODLers and the larger market hopes of hitting $5 by the end of 2022. In fact, ADA’s >150% price rally from July-end to September, when the alt touched an ATH of $3.1, made the price target of $5 by December look rather achievable.

07.12 / 01:43

markets Tether Bitcoin Bitcoin and altcoins took a hit, but derivatives data reflects a calmer market

Looking at the winners and losers of the past week clearly shows that traders endured some serious heat as the total crypto market capitalization dropped by 12.7% when Bitcoin fell to $41,000. This sharp downside move knocked the figure from $2.37 trillion to $1.92 trillion on Dec. 3 and a total of $2 billion long future contracts were liquidated.

07.12 / 00:39

UPS Digital Bitcoin compensation U.K: New proposal excludes crypto investors from its compensation program

Digital currencies, like Bitcoin, have been left largely unregulated by major governments across the globe up to this point. That said crypto traction has also been increasing at an exponential rate over the years.

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