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Coinbase Fined $4.5 Million by UK Authorities for Onboarding High-Risk Customers

July 26, 2024

The UK's Financial Conduct Authority (FCA) has imposed a substantial fine of $4.5 million on a subsidiary of Coinbase for what it termed as serious lapses in the company's anti-money …

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US GDP Growth Exceeds Expectations While Bitcoin Slips Below $64,000

July 25, 2024

The recent economic data revealed that the US GDP Growth Rate for Q2 climbed by an impressive 2.8% quarter-over-quarter (QoQ), surpassing both the previous quarter's 1.4% increase and the consensus …

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Bitcoin Price Could Reach $52 Million By 2050 According To VanEck

July 25, 2024

In a groundbreaking analysis, VanEck, a leading investment firm, forecasted that Bitcoin's price might skyrocket to a staggering $52.38 million per coin by 2050. This forecast comes from a detailed …

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Marathon Digital Acquires $100 Million in Bitcoin, Reinstates 'Full HODL' Strategy

July 25, 2024

Bitcoin miner Marathon Digital has made headlines by acquiring $100 million worth of Bitcoin, increasing its total holdings to over 20,000 BTC. This move positions Marathon as the second-largest Bitcoin-holding …

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Bitcoin and Ethereum Suffer Major Dip Triggering $250M in Liquidations

July 25, 2024

In a significant event for the cryptocurrency market, both Bitcoin and Ethereum experienced substantial price dips leading to large-scale liquidations. Bitcoin dropped sharply from over $65,500 to $64,100 in a …

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Ethereum Market Sees Massive Shifts With The Launch Of Spot ETFs

July 25, 2024

Ethereum's spot ETFs recorded a robust trading debut in the US on July 24 after months of speculation and regulatory uncertainty. The ETFs registered an impressive volume of $1.11 billion …

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Learn Concept: Polymarket’s Impact on US Election Prediction Markets

July 25, 2024

Polymarket, a decentralized prediction market platform operating on the Polygon network, has gained prominence by allowing users to engage in betting on the outcomes of US political elections. This platform's …

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Riot Platforms Acquires Block Mining in Strategic Move, Says JPMorgan

July 24, 2024

Riot Platforms has confirmed the acquisition of Block Mining, a strategic move that will place Riot among the largest bitcoin miners in the United States. The deal, worth $92 million, …

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Bitcoin Firm Fold Plans to Go Public in $365 Million SPAC Deal

July 24, 2024

Fold, a prominent Bitcoin services firm, is gearing up to go public through a merger with a Special Purpose Acquisition Company (SPAC) in a deal valued at $365 million. The …

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Polymarket’s Impact on US Election Prediction Markets

July 24, 2024

Polymarket, a decentralized prediction market platform operating on the Polygon network, has gained prominence by allowing users to engage in betting on the outcomes of US political elections. This is …

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