International Daily Finance News
Senator Cynthia Lummis recently took a significant step in pushing her vision for cryptocurrency legislation forward. On March 11, she announced the reintroduction of the Bitcoin Act, formally known as the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide…
Earlier this week, Bitcoin (BTC) saw a significant decline, briefly slipping to a four-month low of just under $77,000. This downturn didn’t escape the notice of Peter Schiff, the vocal gold advocate and cryptocurrency critic, who wasted no time in…
The bullish sentiment following Donald Trump’s win in the November 5 Presidential elections appears to be dissipating, as indicated by the spread between continuous next-month and front-month Bitcoin (BTC) futures traded on the CME. This narrowing spread has reached $495,…
Bitcoin buyers are currently facing significant losses, particularly those who entered the market at or near its all-time high of $109,000 in January. Recent data from on-chain analytics firm Glassnode reveals that this surge of buying activity has led to…
The US Securities and Exchange Commission (SEC) has once again delayed its decision on a number of exchange-traded funds (ETFs) associated with popular cryptocurrencies like XRP, Solana, Litecoin, and Dogecoin. In a series of filings released on March 11, the…
Bitcoin experienced a notable 7% surge within 24 hours, achieving a trading price of $82,910, up from a low of $79,356, as recorded by CoinMarketCap. Despite this rally, various valuation metrics suggest a bearish outlook for the cryptocurrency market, as…
A significant disruption occurred on the social media platform X on Monday, impacting users globally. The outage led to widespread connectivity issues, with users reporting numerous error messages. During its peak, Downdetector noted over 40,000 complaints about the service’s instability,…
U.S. Senator Cynthia Lummis has reintroduced the BITCOIN Act, a significant legislative move aimed at establishing a strategic reserve for Bitcoin within the U.S. government. This proposal, which seeks to enable the government to acquire and manage over 1 million…
Bitcoin’s (BTC) recent volatility has left many in the cryptocurrency space anxious, pondering whether the downturn will deepen or if a recovery is on the horizon. Insights from market analytics firm Santiment suggest that current on-chain metrics could provide valuable…
In a significant move, the U.S. House of Representatives has voted overwhelmingly to overturn an IRS rule that classified crypto entities as brokers. This rule mandated that these entities collect specific taxpayer and transaction information, which included requirements for decentralized…
Bitwise recently announced the launch of the Bitwise Bitcoin Standard Corporations ETF (OWNB), which is designed to provide investors exposure to publicly traded companies that hold significant Bitcoin assets. The ETF, introduced on March 11, aims to track the Bitwise…
Broader economic concerns, including recession fears and stubborn inflation, have rattled the crypto market, leading to a sharp downturn. Bitcoin has struggled under these conditions, which, in turn, has forced miners to sell more BTC to sustain operations. As a…
Paraguay is on the brink of significant developments in the cryptocurrency sector, as regulatory frameworks are poised for implementation. This sentiment was echoed by Juan Carlos Reyes, the president of the Comisión Nacional de Activos Digitales (CNAD) of El Salvador,…
Bitcoin (BTC) recently hit a four-month low at $76,700 on March 11, coinciding with a substantial 6% decline in the S&P 500 index. This stock market correction has pushed the index to its lowest point in six months, as market…
Speculation surrounding the potential listing of Cardano’s native cryptocurrency, ADA, by the US-based exchange Gemini is gaining momentum. Co-founder Tyler Winklevoss recently hinted that an announcement could be imminent, which, if confirmed, has the potential to invigorate liquidity and generate…
Draconian regulatory measures in the cryptocurrency space have significantly impacted U.S. citizens’ ability to capitalize on airdrops, which are promotional initiatives designed to reward community members by distributing free tokens. A recent analysis by the venture capital firm Dragonfly has…
Bitcoin (BTC) experienced a significant cooling off, retreating approximately 7% after a momentarily encouraging surge on March 11, following the opening of Wall Street. Price action data from Cointelegraph Markets Pro and TradingView revealed that BTC/USD initially soared to local…
Yescoin is set to make waves in the blockchain landscape with its upcoming public sale, exclusive to the Yescoin Foundation website, on March 11, at 17:00 UTC. With a first-ever valuation of 35 million FDV, this innovative platform aims to…