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El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 million Bitcoin (BTC) or Tether (USDT) investment in the country. The Central American country’s price tag for citizenship, however, appears far more expensive than those in neighboring Caribbean countries […]
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The Swiss city of Lugano has taken a big step into the financial future by implementing Bitcoin for use in city transactions. Announced on December 5, this innovative project enables the city to accept Tether and Bitcoin as payment for taxes. This action is a component of Lugano’s “Plan B,” a partnership with Tether to […]
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A new feature from Coinbase Wallet allows for the transfer of crypto through a link that can be sent through some of the most popular social media sites and messaging apps as the crypto exchange looks to make its service accessible to a wider market. “Users can now send money on any platform that they […]
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MicroStrategy has become one of the top gainers of the recent Bitcoin bullish trend, and the analytics provider has secured billions in gains after disregarding naysayers to make a long-running bet on Bitcoin. MicroStrategy Massive Bitcoin Bet Hits Gold Leading provider of enterprise analytics and mobility software, MicroStrategy is riding the early wave of the […]
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Crypto-friendly trading platform Robinhood has reported a 75% month-on-month increase in digital asset trading volume in November. In an 8-K filing to the Securities and Exchange Commission on Dec. 4, Robinhood noted that “November Crypto Notional Trading Volumes were roughly 75% above October 2023 levels.” The activity however equity trading volumes and options contracts traded […]
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Bitcoin (BTC) held closer to the $40,000 mark on Dec. 3 after weekend gains reinforced a “strong” uptrend. BTC/USD 1-hour chart. Source: TradingView Bitcoin leaves $60 million in shorts hanging Data from cryptodirectories Markets Pro and TradingView tracked a fresh BTC price surge, which took BTC/USD to new 2023 highs of $39,730. These built on […]
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The attention of the crypto community has been drawn to a particular whale that has been accumulating Bitcoin for some time now. The magnitude of the whale’s holdings has left many wondering who it might be and the reason for the accumulation. Bitcoin Whale Accumulates Over 10,000 BTC In November In a post on his […]
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The Chicago Mercantile Exchange (CME) has long been the home of crypto for traditional finance investors, and this is unlikely to change — even with the approval of a Bitcoin spot ETF. Activity on the CME has expanded significantly over the past 12 months. The CME now sees more Bitcoin (BTC) futures trading than the […]
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Bitcoin investors seem to be gearing up for action with an interesting timing of withdrawal from exchanges. Serious money has been on the move from exchanges in the past two weeks, as shown by on-chain data. Over the last two weeks, nearly 25,000 BTC worth over $1 billion have been withdrawn from major crypto exchanges. […]
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The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward which is expected to accelerate early next year, say the heads of Australia’s largest crypto exchanges. Independent Reserve CEO Adrian Przelozny told cryptodirectories he expects market activity to see an uptick in early 2024 […]
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