Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion

Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders Continue The cryptocurrency mining firm Bitdeer Technologies Group is reportedly seeking […]

‘Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist Goddess

Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation situated between Serbia and Croatia. Zhimin Qian’s Digital Diary Zhimin Qian, the alleged mastermind behind […]

‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2

The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual Machine (EVM), aiming to spur creativity across the network and […]

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […]

Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ Coin

The teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named “artificial superintelligence (ASI).” 3 Top AI Tokens to Combine Into a Single Coin Called ‘ASI’ In a communication dispatched to Bitcoin.com News, the […]

CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities

The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets. Kucoin’s Legal Battles Shine a Bright […]

Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto

Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said Goldman Sachs’ Asia Pacific head of digital assets. Goldman Sachs’ Clients Getting Active […]

Hashdex Bitcoin ETF Begins Trading — US Now Home to 11 Spot BTC ETFs

Hashdex Bitcoin ETF, one of the 11 spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) in early January, has launched. The fund converted from Hashdex Bitcoin Futures ETF and is trading on the NYSE Arca exchange. US Now Has 11 Spot Bitcoin ETFs Hashdex Asset Management has completed converting […]

US Spot Bitcoin ETFs Rebound With $418 Million Inflow

On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $887.6 million. The momentum continued into Tuesday, with the ETFs amassing $418 million in inflows, building on the $15.4 million gained the previous day. Bitcoin ETFs’ Fortunes Flip The week prior […]

$20 Million in Bitcoin Long Positions Liquidated as Price Tumbles From Intraday High

The price of bitcoin saw a significant fluctuation after remaining fairly consolidated over the past two days. After bulls managed to see bitcoin’s price rise to $71,754, the value dropped to a low of $68,557 per unit shortly after reaching the daily high. Liquidations Rise Following Bitcoin Price Drop Over the past 48 hours, bitcoin […]