The Seoul High Court Civil Division has reportedly ruled that Bitcoin should not be treated as money. As such, the primary cryptocurrency is not subject to the local lending business legislation, and interest rate rules […]
Bitcoin (BTC) made a new 52-week high on June 23, indicating that bulls are on fire. Buyers have managed to hold onto a large part of the gains made during the week, signaling that they […]
The crypto market liquidated short and long positions worth over $100 million in the last 24 hours following a brief rise of Bitcoin to $31,000, marking its first such increase this year. Short traders suffered […]
Bitcoin (BTC) blasted back above $31,000 on Friday, resuming a week of bullish gains following BlackRock’s Bitcoin spot ETF application last week. The asset, which touched a high of $31,400 at 16:13 UTC, now trades […]
As Bitcoin’s mainstream acceptance rises, financial institutions are reevaluating their stance on crypto. A prime example of this is Banco Santander. The leading Spanish bank recently appeared to endorse the Bitcoin Lightning Network. The bank’s […]
Following through on its promise in May, crypto exchange giant Binance confirmed on Tuesday that it has begun running multiple nodes on Bitcoin’s lightning network. The exchange plans to leverage the layer-2 scaling solution to […]
On June 19, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” revealing that cryptocurrency investment products experienced outflows totaling $5.1 million last week. The outflows contributed to the continuation of a […]
Bitcoin miners transferred more BTC to exchanges over the past week than at any point in the past five years, according to data from Glassnode. The blockchain analytics firm reported that the 7-day moving average hourly chart […]
Lux Vending – doing business as Bitcoin Depot – has reportedly filed a lawsuit against the sheriff’s office of McLennan County, Texas, accusing it of unlawfully seizing $15,000 from a BTC automated teller machine (ATM). […]
Proof-of-work coins that had a fair distribution at their launch are the most likely to avoid being labeled as securities by the U.S. SEC, according to Bitcoin OG and educator Dan Held. Last week, the […]
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