Strategic Bitcoin reserve: Not only for countries but for protocols

Bitcoin (BTC) was trending higher on Nov. 4 as sideways behavior gave way to more purposeful upward momentum across markets.Cryptocurrency market daily overview. Source: Coin360Bitcoin seeks to break out of trading rangeData from Coin360 reveals BTC/USD tackling $9,300 on Monday, rising to a 24-hour high of $9,310 on exchanges after dipping as low as $9,080.The…

3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April. 669 Total views 4 Total shares Canada’s largest digital asset investment fund manager, 3iQ, is expanding its reach to global investors by listing its public Bitcoin (BTC) fund on a major market in the Middle East.3iQ rolled…

Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments.A watershed for Bitcoin in ChinaAccording to investor Dovey Wan, who linked to local media coverage, the Hangzhou Internet Court formally described Bitcoin as virtual property on July 18. The second such court…

Cryptocurrency and ransomware have had a long history together. They are so closely intertwined, in fact, that many have blamed the rise of cryptocurrency for a parallel rise in ransomware attacks.Ransomware attacks are certainly increasing — they rose by 118% in 2018 — but it’s not clear that this is due to cryptocurrency. While the…

The “e-CNY (Pilot Version)” app was made available for download in the Chinese Android and Apple app stores on Tuesday. 1382 Total views 32 Total shares As China’s central bank steps up its effort to create a digital currency, the country has released a pilot edition of its digital yuan wallet application on mobile phone…

The company claimed that no members of the BlockFi management team had withdrawn any crypto from the platform since October 2022. 336 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCrypto lending firm BlockFi has announced it will disclose information on its assets and liabilities as well as payments…

Bitcoin (BTC) opened the day at $7,600 and began a sharp decline to find lows of $6,800 — a loss of just over 10%. Price has since been pushed back across $7,000 with buyers showing interest in prices below the $7K handle.The loss in Bitcoin valuation has dragged the entire market down with notable loser…

Bitcoin (BTC) has been on an impressive price run since the announcement of the United States Securities and Exchange Commission’s approval of ProShares’ Bitcoin futures exchange-traded fund (ETF) early in October, hitting a new all-time high of over $69,000 on Nov. 10, as per data from TradingView. However, the financial watchdogs soured the mood by rejecting…

Acting Federal Deposit Insurance Corporation chairman Martin Gruenberg said the agency needs more information about crypto, and the crypto industry needs to understand the FDIC better. 225 Total views 3 Total shares Acting United States Federal Deposit Insurance Corporation chairman Martin Gruenberg spoke on Oct. 20 about possible applications of stablecoins and the FDIC’s approach to…