Tag: News

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Polygon-Based Prediction Market Shows Michelle Obama Rising to Third in 2024 Election Odds, Challenging Trump and Biden

February 11, 2024

24 days ago, Bitcoin.com News delved into Polymarket’s decentralized prediction market odds for the 2024 U.S. elections, with former President Donald Trump at the forefront, closely trailed by the sitting President Joe Biden, and the ex-U.S. Ambassador to the U.N., Nikki Haley. Since that report, the dynamics have shifted significantly, with Michelle Obama, former President…
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UN Sanctions Inspectors Probe Alleged North Korean Cyberattacks Targeting Crypto Firms

February 11, 2024

United Nations (UN) sanctions monitors are reportedly investigating specific cases of hacking attacks allegedly carried out by North Korea-affiliated hackers between 2017 and 2023. Besides attacking decentralized finance platforms, the UN monitors alleged that North Korea-affiliated hackers are targeting defense companies and supply chains. Hackers Rake in $3 Billion in Six Years The United Nations…
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Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute

February 11, 2024

After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding “fraudulent schemes” associated with its lending platform. Genesis and NYAG…
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Craig Wright Denies Forging Documents in High-Profile Bitcoin Lawsuit

February 11, 2024

In the ongoing court battle over the identity of Bitcoin’s creator, Craig Wright continues to face accusations that he forged documents to support his claim of being Satoshi Nakamoto. However, Wright maintains the documents were faked by others to frame him. Wright vs. COPA: ‘Industrial Scale’ Forgery Accusation Clouds Craig Wright’s Claim as Bitcoin’s Founder…
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Bitcoin Price Prediction as BTC Reaches ETF Highs of January – $50,000 Possible This Week?

February 10, 2024

Bitcoin Price Prediction On Saturday, Bitcoin‘s price ascends, nudging the $47,450 mark with an impressive 3.25% uptick. This momentum heralds the most significant weekly surge Bitcoin has experienced in a quartet of months, aligning with a substantial climb past the $46,000 milestone. Concurrently, Bitcoin ETFs are riding this wave of exuberance, recording their third most…
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Bitcoin Price Prediction as Bitcoin ETFs Record Third Largest Daily Inflows – $100,000 BTC Possible?

February 10, 2024

  Bitcoin Price Prediction In the dynamic world of cryptocurrency, Bitcoin continues to capture headlines with its recent surge to $46,000, propelled by significant developments in exchange-traded funds (ETFs) and economic warnings that have caught the attention of investors worldwide. Amidst a landscape where economic indicators and market sentiment can pivot rapidly, Bitcoin’s price trajectory…
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Australian Federal Court Rules Against Block Earner for Unlicensed Financial Services Conduct

February 9, 2024

An Australian federal court has determined that fintech company Block Earner engaged in unlicensed financial services conduct by offering its crypto-backed Earner product. The Federal Court finds fintech company Block Earner engaged in unlicensed financial services conduct when offering its crypto-backed Earner product https://t.co/TS7Xf8emuf pic.twitter.com/XOrxvZsEft — ASIC Media (@asicmedia) February 9, 2024 https://platform.twitter.com/widgets.js The court…
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Recent Approvals of Spot Bitcoin ETFs May Prompt Release of Third Iteration of ‘Token Safe Harbor Proposals’ – Hester Pierce

February 9, 2024

Approval of spot bitcoin exchange-traded funds may necessitate the release of a third iteration of the Token Safe Harbor Proposal, Hester Pierce, a commissioner with the U.S. Securities and Exchange Commission, has said. The commissioner argued that it’s illogical to subject a nascent token project to the same disclosure rules applicable to a company with…
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Bitcoin ETF Reserves Rise: Over 200,000 BTC Worth $9.56 Billion Gathered Since January Debut

February 9, 2024

At 10:00 a.m. EDT on Feb. 9, 2024, the nine recently launched spot bitcoin exchange-traded funds (ETFs) collectively possess 202,868.61 bitcoin, valued at $9.56 billion according to current exchange rates. New ETFs Command Over 200,000 Bitcoin In the last 28 days, spot bitcoin ETFs introduced by Blackrock, Fidelity, Ark Invest, Bitwise, Invesco, Vaneck, Valkyrie, Franklin…
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DeFi Market Forecast: A $18.28 Billion Explosion by 2027

February 9, 2024

Key Findings: In 2024, the DeFi sector is projected to record a 47.5% revenue increase to $26.15 billion. Between 2023 and 2027, DeFi market revenue is projected to rise to $18.28 billion, representing a 103% increase. The DeFi user base in the USA will increase by 95%, from 8,673,000 in 2023 to a whopping 16,920,000…
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