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Bitcoin Miner Phoenix Group Debuts with a Surge on Abu Dhabi Securities Exchange
December 5, 2023
Middle East's foremost Bitcoin miner, Phoenix Group, has marked its debut on the Abu Dhabi Securities Exchange (ADX), becoming one of the first crypto-focused entities to go public on the …
Read moreBitwise and BlackRock Amend Submissions in Effort for First US Spot Bitcoin ETF
December 5, 2023
Asset management firms, Bitwise and BlackRock have updated their filings with the U.S. Securities and Exchange Commission (SEC) as part of a bid to launch the first spot Bitcoin ETF …
Read moreLearn Concept: Understanding the Role of Short Liquidation in Cryptocurrency Market Fluctuations
December 5, 2023
In the context of the cryptocurrency market, short liquidation is a sudden buying event that occurs when traders exit short positions or cover shorted assets. This phenomenon can exert an …
Read moreBitcoin Soars Beyond $41,000 Amid Surge in Short Liquidations
December 4, 2023
The cryptocurrency market witnessed a significant boost as Bitcoin surged past the $41,000 mark. This new high is reported to be bolstered by the liquidation of around $166 million worth …
Read moreBitcoin Skyrockets In Market Cap, Outdoes Berkshire Hathaway and Tesla
December 4, 2023
Bitcoin Solidifies Its Position Among Top 10 Assets Bitcoin has reached a remarkable financial milestone by achieving a new year-to-date high of $41,700. With its market capitalisation touching $813 billion, …
Read moreCoinbase Actions Advance Crypto Influence: CEO Armstrong Advocates for Bitcoin, Visa Continues Experiments
December 4, 2023
Coinbase CEO Brian Armstrong recently stressed the potential role of Bitcoin in advancing Western civilization through currency innovation in a discussion on social media. Armstrong highlighted Bitcoin's capacity to combat …
Read moreEl Salvador's Bitcoin Portfolio Returns Profit
December 4, 2023
El Salvador's Bitcoin investments have rebounded, showing a net profit according to an announcement by the country's president. Despite widespread skepticism and a challenging crypto winter, the country's investment in …
Read moreCrypto Investment Products Surge to $46B, Institutional Interest in Bitcoin and Ethereum Grows
December 4, 2023
The total value of assets under management for crypto-related investment products has surged remarkably to $46.2 billion, marking a 107% increase. This leap was triggered by the tenth consecutive week …
Read moreFrench Court Absolves $8.5M Platypus Hackers, Labelled as 'Ethical Hackers'
December 4, 2023
In a surprising turn of events, two brothers implicated in a heist involving $8.5 million from the Decentralized Finance (DeFi) protocol Platypus have been set free by a French court. …
Read moreSwiss Banks Issue First wCBDC-backed Digital Bonds as UK Government Favors More CBDC Tests
December 4, 2023
The Cantons of Basel-City and Zurich, two Swiss banks, have taken a significant step forward in financial operations by successfully issuing the first-ever digital bonds on the SIX Digital Exchange …
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