Bitcoin

Metaplanet Rewards Shareholders With 30 Million Yen Worth Bitcoins

A Japanese firm popular for BTC acquisition, Metaplanet is planning to reward its shareholders with Bitcoins worth 30 million yen in collaboration with Japan crypto exchange SBI VC Trade. Metaplanet is often called Japan’s Microstrategy, referring to its Bitcoin acquisition similar to Microstrategy. 【SBI VCトレード×METAPLANET】総額3,000万円相当分のBTCプレゼントキャンペーン🎁 当社とメタプラネット(@Metaplanet_JP… pic.twitter.com/bhlHxPZ3Hm — SBI VC

December 2, 2024 2 mins read

Will the December Rally Push Bitcoin (BTC) to $100K?

The largest cryptocurrency, Bitcoin (BTC), has registered a gain of over 37% in November. This notable surge and the entire crypto market rally followed Donald Trump’s victory in the US presidential elections. BTC brought in an anticipation of hitting the long-term goal, trading at $99K a few days back, hitting

December 2, 2024 2 mins read

Japan Exchange DMM Bitcoin to Liquidate Assets Through SBI Group

A prominent crypto exchange platform in Japan, DMM Bitcoin is liquidating its assets through SBI Group. The exchange will completely cease its operations after the liquidation. The liquidation is caused by a $320 million fraud which occurred in May, 2024 and affected over 450,000 accounts of DMM Bitcoin. As per

December 2, 2024 2 mins read

Michael Saylor Sparks “Transparency Vs. Security” Debate Over Proof-of-Reserves

Michael Saylor Advocates for Bitcoin Adoption to the Microsoft Board

As investors step gingerly into December expecting a modest price dip, the crypto market has held on to its bull run so far. In addition, it has also wavered off the weekend slump with fresh activity in the past day. On the regulatory end, the SEC has filed a new

December 2, 2024 2 mins read

Euro-Backed Stablecoins Hit €800M Volume Amid MiCA Boost

New Report Highlights Stablecoins Could Capture 10% of US Dollar Supply

Stablecoins, which have a present market valuation of less than $200 billion, are a negligible part of the world’s monetary transactions, accounting for less than one percent of the US currency supply and FX operations. Nevertheless, according to a report that was co-authored by Standard Chartered and Zodia Markets, there

December 1, 2024 2 mins read

US SEC Sues Touzi Capital Over Allegedly Defrauding Investors

US authorities have sued investment firm Touzi Capital, claiming the company misled investors over the fund’s profitability and liquidity of its cryptocurrency asset mining fund. The US Securities and Exchange Commission (SEC) released a statement on November 29 alleging that Touzi Capital raised about $95 million from more than 1,200

December 1, 2024 2 mins read

Ripple CTO Criticizes Operation Chokepoint 2.0 as Threat to Crypto Sector

Operation Chokepoint 2.0 is a government-run debanking campaign targeting the cryptocurrency sector, as per David Schwartz, chief technical officer of Ripple, is among the industry executives who have spoken out against it. According to Schwartz, the government is “addicted to indirect regulation.” And de-banking causes the rule of law to

December 1, 2024 2 mins read

South Korea Postpones Crypto Gains Tax Implementation to 2027

South Korea’s Democratic Party has agreed to postpone the implementation of the country’s cryptocurrency gains tax for another two years, reversing its previous position on the matter. Korea Democratic Party (KDP) floor leader Park Chan-dae revealed on December 1st that the KDP has agreed to a two-year suspension on the

December 1, 2024 2 mins read

Bitcoin Holds Near $96K as Technical Indicators Signal Potential Volatility

Bitcoin Falls to $96K Support After Re-Testing $98K Resistance

On the last day of the month, the crypto market showed mild activity as leading currencies crawled towards higher levels. However, they have remained bullish, as indicated by the 0.92% increase in the overall market cap. Meanwhile, Justin Sun’s eating the banana he purchased for $6.2 million caused a frenzy.

November 30, 2024 2 mins read

Robert Kiyosaki Warns Don’t Be Left Behind As Bitcoin Could Break $100K

Rich Dad Poor Dad author Robert Kiyosaki made another post on X reconfirming his belief in Bitcoin. He says FOMO is good as Bitcoin is on the verge to reach $100K. Kiyosaki has multiple times endorsed Bitcoin investments and calls “Cash is Trash,” as he stated in his book. THE

November 30, 2024 3 mins read