Bitcoin Halving Sparks Layer 2 Surge
Welcome to “Epoch V” of Bitcoin. The fourth successful halving of Bitcoin occurred on April 20, marking a programmed reduction in the amount of...
Wasabi Wallet and Phoenix Exit US Amid Crypto Wallet Crackdown
In response to mounting regulatory pressure, Wasabi Wallet and Phoenix have ceased operations for customers in the United States. The companies behind these wallets,...
Stablecoin Adoption Surges with Payment Use Cases
The global stablecoin market has surged past $150 billion, indicating a growing demand for digital assets with relative stability. Competition in the stablecoin space...
MicroStrategy Shares Plummet 17% Amid Crypto Stock Selloff
Major U.S. crypto stocks, including bitcoin stockpiler MicroStrategy and leading exchange Coinbase, experienced significant losses in Tuesday’s trading session. MicroStrategy reported a 5% year-over-year...
Coinbase Stock Declines as Court Allows SEC Lawsuit to Proceed
Coinbase’s Chief Legal Officer, Paul Grewal, affirmed the exchange’s readiness for the ongoing legal battle with the US Securities and Exchange Commission (SEC) after...
Oppenheimer Boosts Coinbase’s Share Price Target to $276
Oppenheimer, a New York-based financial firm, has revised Coinbase’s share price target to $276, marking a notable increase from the previous target of $200,...
US Bitcoin ETFs: Daily Outflow Hits $120M
Total net outflows from 11 U.S. spot bitcoin ETFs reached $120 million on Wednesday, with eight products recording zero flows, a trend deemed normal...
British Columbia Regulates Electricity for Crypto Miners
The Canadian province of British Columbia is taking steps to regulate electricity usage by crypto miners, citing concerns over their unchecked growth and its...
US Sanctions Crypto Firms Linked to Russia for Sanctions Evasion
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions on 13 entities and two individuals involved in the...
Bitcoin Hits Record 1.6M Confirmed Daily Transactions
On April 23, three days after the Bitcoin halving event, an impressive 1.6 million unique Bitcoin transactions were recorded, according to data from Blockchain.com...