A Bloomberg report said that Dubai regulators asked Binance for more information after the collapse of crypto exchange FTX. According to the April 5 report Dubai’s Virtual Assets Regulatory Authority has in recent weeks asked Binance for more information about its ownership structure, governance and auditing procedures. As reported by Bitcoin.com News previously, Binance was not granted an FMP…
Author: Penny White
According to U.S. Bureau of Labor Statistics, initial jobless claims rose to 211,000 in February according to their most recent data. This is significantly more than the 190K claims reported in January. However, analysts predicted that it would be much higher. Market expectations were for approximately 195K claims per month. Fear Of Recession Gains Steam The latest…
Catherine Wood’s ARK Investment Management LCC (aka ARK Invest), has revealed that Bitcoin’s price could rise to $1.4 million per coin in future based on their bullish case. This is because the cryptocurrency’s long-term opportunity for strengthening’. The investment firm published a long report on “Big Ideas 2023”, where it noted that Bitcoin’s features have…
One of the most prominent developers of Bitcoin blockchain stated that he had asked the FBI for assistance in recovering $3.6 Million worth of digital coins stolen from his storage wallets during New Year’s Eve. Luke Dashjr, a Bitcoin Core developer, is responsible for running 97 percent the nodes that make up the Bitcoin blockchain. Bitcoin Core is…
Since Nov. 29, 2022, Bitcoin’s market capitalization has risen to more than $325 billion. At the time this article was written, bitcoin’s overall market value ( BTC ) is approximately $328 billion. This represents 38.3% of the total crypto economy’s $856,947.917.107 market capital. The market cap of ethereum ( ETH) is currently around $155.38 Billion, or 18.1% of the…