Cryptocurrencies

Australian regulators open to Bitcoin ETF with ‘rules in place’

The Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds.  According to a Feb. 12 report by the Australian Financial Review, the commission addressed the subject after previously rejecting a Bitcoin ETF initiative by local company Cosmos Capital. Per the report, Cosmos CEO James Manning claimed that ASIC “have a …

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Europol Arrests 10 Members of a Sim Swapping Criminal Gang That Stole Cryptocurrencies Worth $100 Million

<div class=”featured_image_container”> </div> <strong>The European law enforcement agency, Europol, has arrested 10 people believed to be members of the criminal gang that stole cryptocurrencies with an estimated value of $100 million. The arrests follow an international investigation into a series of sim swapping attacks that occurred in 2020. According to Europol, this criminal gang had …

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Ethereum killers and layer-2 tokens rally despite 5% Bitcoin price drop

On Feb. 10, Bitcoin (BTC) price pulled back 5% from its newly established $48,220 high and a number of altcoins also underwent slight corrections.  Data from Cointelegraph Markets and TradingView shows Bitcoin has declined 4.96% since yesterday’s highs and currently trades at $44,900. The pullback to the $45,000 level could simply be the result of …

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3 reasons why Binance Coin (BNB) hit a new all-time high at $148

On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week.  Data from Cointelegraph Markets and TradingView shows that BNB rose from $35.37 on Jan. 11 to $148, a 256% increase in less than a month. BNB/USDT 4-hour chart. Source: …

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Cryptocurrency market cap hits $1.4T and surpasses Google stock

Cryptocurrency markets have hit a significant milestone shortly after Elon Musk’s Tesla officially announced their investment in Bitcoin (BTC). For the first time in history, the crypto market has surpassed Alphabet’s GOOG and GOOGL in terms of market capitalization. On Feb. 10, the total crypto market cap hit $1.413 trillion, overtaking the market cap levels …

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Former British MP says central banks should ban Bitcoin

Nick Boles, a former Member of Parliament for Grantham and Stamford from 2010 to 2019, took to Twitter Tuesday to criticize Bitcoin over its negative environmental impact. He retweeted a post from BBC correspondent Rory Cellan-Jones showing that Bitcoin has overtaken Argentina in annual energy consumption. The data was compiled by the University of Cambridge …

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Shift to DeFi and cross-chain integration back Elrond’s (EGLD) 700% rally

Elrond (EGLD) price has increased by 700% since Feb. 1 as new partnerships and protocol upgrades bolster investor confidence in the project. Elrond is a blockchain protocol designed to offer fast transaction speeds through the implementation of sharding for use with dapps, enterprise use cases and the new internet economy.  The most recent price surge …

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Bitcoin price hits $46,794 as altcoins, stocks rally to new highs

On Feb. 8 Bitcoin (BTC) price broke out to a new all-time high at $46,794 after documents from Tesla revealed that the company had allocated 7.7% of its gross cash position to BTC. The purchase gives Tesla a sizable $1.5 billion position in the top-ranked digital asset.  Data from Cointelegraph Markets and TradingView shows Bitcoin …

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DOGE is ‘not a bad look’ for crypto users, says Mark Cuban as price surges another 8%

Amid recent endorsements from celebrities and people in tech, the price of the meme-based cryptocurrency Dogecoin has surged more than 700% in the last month. Now even billionaire Mark Cuban says he understands the appeal. In a tweet today from the Shark Tank star and Dallas Mavericks owner, Cuban said Dogecoin (DOGE) is the “best …

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First Mover: Tesla Sends Bitcoin Mooning Past $44K as Snoop Wins #dogebowl

CoinDesk TV is here! Regular programming starts Monday as we roll out three daily and three weekly shows, including “First Mover,” hosted by Christine Lee, Lawrence Lewitinn and Emily Parker, airing every weekday at 9 a.m. U.S. Eastern time. Today’s debut episode features guests: Brian Brooks, former U.S. comptroller of the currency; Tim McCourt, global …

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