3 key reasons of why Bitcoin hit $100K
The price of Bitcoin has soared above the highly anticipated $100,000 mark, prompting speculation about how much higher it could go and whether it can overcome its infamous volatility. Shortly after 4:00 GMT on Thursday, the biggest cryptocurrency in the…
ZA Bank, Hong Kong’s largest digital bank to launch crypto trading
The biggest virtual bank in Hong Kong, ZA Bank, has introduced a new service that lets regular people purchase and sell Bitcoin and Ethereum with fiat money. Residents of Hong Kong must have an account with the bank and complete…
Anti-crypto Gary Gensler, Chair SEC, to step down!
The U.S. Securities and Exchange Commission Chair Gary Gensler has announced his resignation, which will take effect on January 20, 2025. Appointed by Biden Gensler has been outspoken in his opposition to crypto regulation. Following the House’s passage of the…
What is a crypto airdrop and how does it work?
Key take aways: Types of crypto airdrops: How crypto airdrops work? As part of its marketing strategy, a project usually offers to send free tokens to your wallet address at the start of a crypto airdrop. Here is a general…
Bitcoin goes up to $94K after the launch of ETFs are being heavily traded
Bitcoin surged to a fresh high above $94,000 on Wednesday after BlackRock’s iShares Bitcoin Trust (IBIT) made history as the first spot Bitcoin ETF approved for options trading. Nasdaq launched options trading for the IBIT ETF on Tuesday, recording nearly $1.9b…
Spot Bitcoin ETF options have begun trading at NASDAQ!
A significant development shook the cryptocurrency industry on November 18 when the Options Clearing Corporation announced that it was preparing to sell options linked to Bitcoin exchange-traded funds (BTC 0.6%). Its acceptance by the Commodities Futures Trading Commission preceded this…
Founder of Binance, Changpeng Zhao Gets 4 Months in Prison
During a hearing in Seattle, Federal Judge Richard Jones cast doubt on the Justice Department’s request for a “years-in-prison” sentence, arguing that there is no proof that the defendant “was ever aware” of any illegal activities at Binance. “I cannot…
Bitcoin Could Jump to $120K
The rise of bitcoin (BTC) in the coming months is likely to be driven by international politics and the hunt for an investment hedge, even after a 10% weekly decline in confidence in the biggest cryptocurrency, according to some traders….
Miners of Bitcoin may dump $5B worth of BTC
An analyst estimates that following the halving, bitcoin miner sales could total up to $5 billion over the course of four to six months. A market analyst believes that, similar to past cycles, there may be a significant withdrawal of…
