Finance
In a move that has stirred significant debate within the cryptocurrency sector, the Biden administration has proposed a 30% tax on the electricity consumption of bitcoin mining operations. If approved, these new regulations would come into effect on January 1, 2025, marking a significant shift in the U.S. government&
Finance
In a recent statement that caught the attention of both the financial and political worlds, Donald Trump has articulated his position against the idea of banning bitcoin. Trump, looking ahead to the possibility of reclaiming the presidency, shared his vision for a future where the cryptoasset industry flourishes free from
Finance
The Dogwifhat memcoin community, known for its engaging and vibrant online presence, has recently unveiled an ambitious advertising strategy that is turning heads in both the digital currency and marketing worlds. With a goal to prominently display their memcoin logo on the colossal 54,000-square-meter LED screen at the MSG
Finance
In a groundbreaking move signaling further integration of cryptocurrency into mainstream financial strategies, BlackRock has officially submitted a new filing with the Securities and Exchange Commission (SEC) to expand its Bitcoin Exchange-Traded Fund (ETF) holdings. This initiative aims to bolster the investment portfolio of its Global Allocation Fund, showcasing a
Europe
In a significant development, Spain has imposed a temporary ban on Worldcoin's activities within its jurisdiction. The Spanish Data Protection Agency (AEPD) has issued a directive to Worldcoin, demanding an immediate halt to the collection of personal information and the use of data previously gathered on Spanish soil,
Finance
In an era marked by rapid digital transformation, the realm of cryptocurrency investments has witnessed a monumental shift. Recent data reveals that assets managed under Bitcoin Exchange-Traded Products (ETPs) have soared to an astonishing $67 billion, reflecting a growing institutional embrace of digital assets. This significant milestone highlights the evolving
IT
In an unprecedented move within the cryptocurrency sector, Tether has launched a state-of-the-art asset recovery tool, marking a significant advancement towards ensuring the resilience of blockchain technology and safeguarding user investments. This development comes at a time when Tether's market capitalization has impressively exceeded the $100 billion mark,
Finance
This week, the stocks of mining companies experienced a significant 27% drop, an event that unfolded despite a concurrent rally in Bitcoin prices. The downturn in the shares of major mining corporations is attributed to growing concerns over the upcoming Bitcoin halving event, prompting investors to hastily divest their holdings.
Finance
In a significant move that could potentially reshape the landscape of cryptocurrency investments in the United States, Morgan Stanley, one of the country's largest brokerage firms, is reportedly conducting due diligence to explore the possibility of launching spot Bitcoin ETF (Exchange-Traded Fund) trading on its platform. This development
Finance
In a dramatic turn of events on the evening of February 28, 2024, the Bitcoin price soared past the $63,000 mark, marking a significant milestone in the cryptocurrency market. This surge represents an approximate 9% increase in value over a 24-hour period, culminating in more than a 20% rise
Finance
On February 27, Bitcoin tested the $57,000 level, marking an impressive surge of over 10% within a single day. The crypto community has been buzzing with speculation and analysis, attempting to unravel the catalysts behind this significant price movement. Incrypted has compiled insights from various experts to shed light
Finance
In a shocking revelation, HSBC Bank is facing allegations of mortgage fraud, highlighting a sophisticated money laundering scheme that has been operating within Toronto's bustling real estate market. This scheme involves the acquisition of properties through mortgages obtained with falsified income, purportedly verified by fraudulent remote work overseas.