We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
A Chinese national, Wen Jian, is reportedly facing trial in the UK over an alleged $6.5 billion Bitcoin (BTC) fraud. Jian is accused of converting BTC into cash and property to launder money from a scheme that occurred in China between 2014 and 2017. The fraud allegedly involved stealing funds from over 100,000 Chinese residents….
El Salvador’s enthusiastic governmental push for Bitcoin encountered a surprising setback in 2023 as cryptocurrency payments sharply declined, despite widespread promotion and Bitcoin’s price surge. The Central Bank of El Salvador reported a significant drop in remittances, with funds sent from Salvadorans abroad to local relatives plummeting from $116.4 million in 2022 to $82.93 million…
In a significant operation against commercial pirate websites, German law enforcement has announced the temporary confiscation of around 50,000 Bitcoins (BTC), valued at approximately $2.17 billion. Executed in mid-January 2024, this marks the most extensive Bitcoin seizure by German authorities to date. The operation was a collaborative effort involving the Dresden Chief Public Prosecutor’s Office,…
Ripple investor and Dizer Capital founder, Yassin Mobarak, has voiced dissatisfaction with the stagnation in XRP’s growth, suggesting that XRP holders might face losses due to unfulfilled promises. Mobarak, a shareholder in Ripple, criticized the departure of two significant validator operators in the XRPL ecosystem and expressed concerns about Ripple’s management. He clarified his desire…
GRIID Infrastructure (GRDI), a bitcoin mining company, recently commenced trading on the Nasdaq Global Market under the ticker symbol “GRDI” while maintaining its presence on Cboe Canada with the same ticker. Following its merger with a special purpose acquisition company (SPAC) Adit EdTech Acquisition Corp, GRIID shares faced a second-day decline on Nasdaq, trading at…
The Charles Schwab Corporation, a leading brokerage firm, is reportedly on the brink of introducing a spot Bitcoin exchange-traded fund (ETF), a development that could have significant implications for both retail investors and the broader financial landscape. Simplifying Entry, Mitigating Concerns: Experts in the industry view this move as a potential game-changer for retail investors…
Billionaire biohacker Bryan Johnson is reinforcing the intersection of cryptocurrency and longevity by actively sponsoring an NFT airdrop through his Blueprint project. This initiative involves a collaboration with DRiP and digital artist Degen Poet, leveraging the Solana blockchain. The Blueprint collection, comprising three pieces, was released as a free airdrop specifically for DRiP holders. Johnson…
Despite a significant slowdown throughout last week, Grayscale’s Bitcoin ETF (GBTC) continued to experience greater outflows than inflows into other funds, as reported by digital asset manager CoinShares on Monday. GBTC, acknowledged as the largest and longest-running Bitcoin fund, recently transitioned into an ETF from a closed-end structure. Despite this conversion, the fund faced substantial…
The Wen meme coin experienced a significant price drop on Monday as traders grappled with how to assess the news that 27% of the token’s airdropped supply would be burned. The Solana-based token found itself trading more than 30% below its daily high around the time of the announcement. This decline was largely attributed to…
Skybridge Capital founder and managing partner, Anthony Scaramucci, anticipates a significant surge in Bitcoin (BTC) prices, projecting a minimum of $170,000 after the upcoming halving in April. During an appearance on the Scott Melker podcast, Scaramucci drew attention to historical Bitcoin halving cycles, emphasizing that the price tends to increase fourfold 18 months after the…