Financial News

Bitcoin halts volatility at $23K as BTC hodlers see mass return to profit

Visa believes Central Bank Digital Currencies (CBDCs) and private stablecoins may play a “meaningful role” in the next generation of payments, with the company confirming it has several initiatives underway.

Blockstream is deploying more capital toward expanding its hosting services.

First Mover Asia: Bitcoin Seesaws Above and Below $23K Again The largest cryptocurrency has been holding steady near this threshold as investors remain hopeful about inflation and the economy.

By Hannah Lang (Reuters) - Crypto asset manager Grayscale Investments is gearing up for a prolonged legal fight with the U.S. Securities and Exchange Commission to create a spot bitcoin exchange-traded fund, the company’s chief executive officer said.

The overall crypto market valuation tumbled by 3.26 percent in the last 24 hours. Most cryptocurrencies including Bitcoin, Ether, Cardano, Solana, and Polygon opened with value dips on Wednesday, January 25.

Grayscale would appeal lawsuit against SEC if court rejects case, CEO says

Bitcoin and Ether fell in Wednesday morning trading in Asia, along with the other top 10 non-stablecoin cryptocurrencies as investors seemed to be taking profits after the strong gains in crypto prices since the start of the year.

Vaccine misinformation spawns 'pure blood' movement

Binance, the world's largest crypto exchange, was among Bitzlato's top three counterparties by the amount of bitcoin received between May 2018 and September 2022.

As Grayscale awaits a court ruling on a June lawsuit against the SEC, CEO Michael Sonnenshein said he was prepared to appeal if the court backed the SEC's decision to reject the bitcoin ETF proposal.

IMF visit in focus after El Salvador bond payment