Proton Management responds to Swan Bitcoin’s lawsuit, claiming Swan never owned the mining business in question, which belongs to a separate entity, 2040 Energy. In a recent court filing, Proton Management responded to allegations by Swan Bitcoin that it had conspired to steal Swan’s mining business. According to Proton’s legal team, Swan Bitcoin does not
Despite a September rally, Bitcoin faces a dip with expectations of a potential breakout delayed until after the U.S. election. Bitcoin’s (BTC) remarkable performance in September ended with a surprising dip, as the leading cryptocurrency dropped by 3.7% over the past 24 hours, reflecting broader market volatility. Other major altcoins, including Ripple (XRP), Cardano (ADA),
Bitcoin’s first three-week winning streak since February has sparked significant bullish sentiment, with call options activity pointing to a potential breakout above $75K. If BTC breaches this key level, analysts predict a swift rally toward $100K by late 2024. Bitcoin (BTC) is making waves once again, registering its first three-week winning streak since February. The
Matrixport’s acquisition of Crypto Finance AG in an all-cash deal expands its footprint in Europe, tapping into the Swiss market’s regulatory framework. The acquisition underscores Matrixport’s focus on offering institutional-grade digital asset solutions and working closely with regulators to shape the future of crypto finance in Europe. In a major move aimed at expanding its
MicroStrategy could soon surpass Grayscale as the largest institutional Bitcoin holder, with over 252,220 BTC and an additional $1 billion for future acquisitions. Grayscale’s holdings have been declining, partly due to competition from new spot ETFs and high fees. MicroStrategy, the self-proclaimed Bitcoin development company, may soon hold more Bitcoin (BTC) than Grayscale, one of
The T-REX 2X Long MSTR Daily Target ETF has seen $72 million in inflows in its first week, showcasing strong interest in leveraged Bitcoin exposure. MicroStrategy’s stock is outperforming Bitcoin and tech stocks, indicating its unique market position. In a notable debut, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has captured substantial investor
Small-scale bitcoin holders are increasing their positions, adding 35,000 BTC in 30 days, while exchange outflows of 40,000 BTC signal reduced liquidity, potentially setting the stage for future price growth. Recent data from the Bitcoin market reveals an intriguing trend of retail investor accumulation and significant exchange outflows, sparking optimism among traders and analysts alike.
Huddle01, a blockchain-powered video conferencing platform, aims to challenge Zoom and Google Meet by offering lower latency, privacy, and decentralization through a $37 million node sale, with its first sale starting in early November. Huddle01, a blockchain-based video conferencing project, is gearing up to compete with platforms like Zoom and Google Meet by leveraging decentralized
Sky, formerly MakerDAO, is reconsidering its plan to offboard Wrapped Bitcoin after BitGo CEO Mike Belshe clarified that Tron’s Justin Sun has limited influence over WBTC’s custody arrangements. Sky, the decentralized finance (DeFi) lender formerly known as MakerDAO, is reconsidering its recent plan to remove Wrapped Bitcoin (WBTC) as collateral following a dialogue with BitGo
The hacker behind the $230 million WazirX heist has nearly finished laundering the stolen funds using Tornado Cash, while WazirX struggles with recovery efforts amidst criticism for its crisis management. The hacker behind the infamous July hack of the WazirX cryptocurrency exchange, which resulted in the theft of over $230 million worth of tokens, is
