Tag : Cryptocurrency.

Bitcoin and crypto markets react to global $17.3 trillion oil shock
Business

Global markets face disruption amid $17.3 trillion oil shock warning

manamalive.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South...
Top crypto executives to attend White House regulatory summit
News

Top crypto executives to attend White House regulatory summit

manamalive.com
The White House Crypto Summit is set to take place on March 7, 2025, with President Donald Trump hosting the event to address the future of digital asset regulation in the United States. The summit...
MicroStrategy spends billions on bitcoin while reducing staff
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MicroStrategy’s bitcoin holdings top $45 billion in market value

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MicroStrategy, now operating under the name Strategy, has significantly reduced its workforce while aggressively expanding its bitcoin holdings. The company disclosed in its audited 2024 annual report, filed Tuesday, that it cut 20.7% of its...
Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash
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Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash

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Argentine President Javier Milei is facing significant political fallout after endorsing a cryptocurrency token that quickly skyrocketed in value before crashing, leading opposition lawmakers to threaten an impeachment trial. The token, $LIBRA, was promoted by...
Satoshi Nakamoto’s bitcoin wealth now ranks among world’s richest
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Satoshi Nakamoto’s bitcoin wealth now ranks among world’s richest

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The mystery surrounding the identity of Bitcoin’s elusive creator, Satoshi Nakamoto, has deepened as new research identifies a vast crypto fortune linked to Nakamoto. Blockchain analytics firm Arkham Intelligence has traced 1.096 million BTC to...
Brazilian exchange B3 to enhance crypto offerings with new derivatives
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Brazilian exchange B3 to enhance crypto offerings with new derivatives

manamalive.com
Brazil’s primary stock exchange, B3, is set to expand its cryptocurrency offerings by launching bitcoin (BTC) options and futures contracts for ether (ETH) and solana (SOL). The move, expected to take place this year, was...
Banks to enter crypto sector as FDIC relaxes regulatory stance
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Banks to enter crypto sector as FDIC relaxes regulatory stance

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In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the Federal Deposit Insurance Corporation (FDIC), are expected to revise guidelines,...
Court rejects Coinbase defense in lawsuit over crypto asset sales
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Court rejects Coinbase defense in lawsuit over crypto asset sales

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A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging it illegally sold unregistered securities. The court rejected Coinbase’s argument that it was not a "statutory seller" because it did...
Nobel economist says Bitcoin will go bust, questions its utility
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Nobel economist says Bitcoin will go bust, questions its utility

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Nobel Prize-winning economist Eugene F. Fama has made a bold prediction about the future of Bitcoin, suggesting that the world’s most popular cryptocurrency may become worthless within the next decade. Speaking on the podcast Capitalisn’t...
Bitcoin at $105,000 as Powell backs banks serving crypto customers
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Bitcoin at $105,000 as Powell backs banks serving crypto customers

manamalive.com
Bitcoin surged past $105,000 following the Federal Reserve's decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve cryptocurrency clients, provided they effectively manage associated risks. On Thursday,...