The number of crypto transactions has risen significantly in 2024 Interest in cryptocurrency has surged in 2024, with much of the excitement fueled by the introduction of Bitcoin exchange-traded funds (ETFs). These ETFs, particularly spot Bitcoin ETFs launched in the US in early 2024, have played a major role in boosting crypto activity across the
Tag: Bitcoin
Another Bitcoin Miner Has Claimed a $180,000 Reward for Mining a Block
Several Bitcoin miners have received huge payouts for their dedication A Bitcoin miner has recently secured a not-so-common and significant payday of around $180,000 after successfully mining a block on their own. On September 10, the miner solved block number 860749, which included 5,935 transactions. The reward for mining the block totaled 3.169 Bitcoin, valued
Chicago Mercantile Exchange to Launch New Bitcoin Futures
The new cryptocurrency trading options are coming at the end of September The Chicago Mercantile Exchange (CME) Group is set to introduce a new type of Bitcoin futures contract aimed at catering to the growing interest among retail investors. According to a report shared yesterday, CME will launch these new Bitcoin Friday Futures (BFF) on
FBI May Have Inside Information on Who Satoshi Nakamoto Really Is
An inquiry made to the FBI revealed cryptic details about Bitcoin’s potential creator The mystery surrounding Bitcoin’s (BTC) creator, Satoshi Nakamoto, has taken an interesting turn with recent developments involving the FBI. A Freedom of Information Act (FOIA) request filed by investigative journalist Dave Troy has led to speculation that the FBI may possess inside
Swan Bitcoin Calls off Pacific Bitcoin Festival Amid Company Downturn
The company has had to cut its workforce, leading to the removal of the annual event Financial services firm Swan Bitcoin has announced the cancellation of its upcoming cryptocurrency conference, the Pacific Bitcoin Festival, which was set to take place in Santa Monica, California, on October 18-19, 2024. This decision, disclosed by Swan Bitcoin CEO
Senator Introduces Bill for Mandatory Government Crypto Reserves
Senator Cynthia Lummis wants the government to ‘hodl’ millions in Bitcoin Senator Cynthia Lummis introduced yesterday the Bitcoin Strategic Reserve bill, aiming to establish a dedicated reserve fund for Bitcoin (BTC), a scarce decentralized asset. The proposed legislation would create a “decentralized network of secure Bitcoin vaults” managed by the US Treasury, ensuring that BTC
Bitcoin Core developers revamp bug reporting system
The goal is to make it easier to report and address issues to protect the blockchain The backbone of Bitcoin, Bitcoin Core, is undergoing a crucial upgrade – a revamped bug reporting system. This move signifies a growing focus on stability and security within the cryptocurrency’s core development team. Today we announce the new disclosure
Texas cop busts man running massive Bitcoin ATM scam
A man acting as a Chase Bank employee almost cost an elderly woman $40,000 An ongoing scam by a person claiming to be a Chase Bank employee was thwarted after a White Settlement, Texas, police officer intercepted the con as it was developing. The incident involved an elderly woman who was seen trying to deposit
Bitcoin ETFs are now worth almost $68 billion
Interest in cryptocurrency investments continues to gain ground Bitcoin exchange-traded derivatives are investment products that follow the price or give BTC more exposure and have recently exceeded one million in global Bitcoin reserves. The 11 ETFs have used up 855,619 Bitcoin since spot Bitcoin ETFs first became available in the US in January 2024, earning
pSTAKE Finance now has a Bitcoin liquid staking solution
The solution is another way decentralized finance is gaining momentum Liquid staking protocol pStAKE Finance has disclosed its staking solution for Bitcoin in the latest evolution of Bitcoin-based decentralized finance (DeFi). pSTAKE Finance’s Binance Labs-backed solution, constructed using Babylon’s Bitcoin staking protocol, seeks to simplify the Bitcoin staking process and offer more earnings opportunities for Bitcoin investors.
Asset management firm Vanguard could become Bitcoin-friendly as new CEO arrives
The firm’s outgoing boss was opposed to cryptocurrency, but his replacement could change the game Former Blackrock executive Salim Ramji has been announced as the new CEO of asset management firm Vanguard. Ramji was the Global Head of iShares and Index Investments at Blackrock and a member of the firm’s Global Executive Committee. Ramji supervised BlackRock’s recent launch
Bitcoin payments reach new single-day record
Over 1.6 million Bitcoin purchased were registered as crypto adoption increases Bitcoin’s (BTC) journey as a decentralized digital currency has been revolutionary, and its latest achievement is a testament to its growing acceptance and utility in the global economy. On April 23, the Bitcoin network set a new record by processing 1.6 million confirmed payments within a single day.