Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days

September 19, 2024 Bitcoin.com

Bitcoin

On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000 Bitcoin Removed From Digital Currency Trading Platforms […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner

September 19, 2024 Bitcoin.com

AI Infrastructure

Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8 and Bitmain Partner on Innovative Miner to Boost Bitcoin Mining Infrastructure The […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

‘Cheating Is Bad:’ Hamster Kombat Enforces Anti-Cheating Mechanism Before Airdrop

September 19, 2024 Bitcoin.com

Airdrop

Hamster Kombat, one of the hottest clicker games on Telegram, introduced an undefined anti-cheating mechanism that penalizes users who try to game its reward system. The team highlighted the relevance of “doing everything right,” protecting members and players who have not used these techniques to gain an unfair advantage for the upcoming airdrop. Hamster Kombat […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

China’s Anti-Crypto Policies Threaten to Ripple Through Its Gaming Market

September 19, 2024 Bitcoin.com

bitcoin.com

Chinese authorities’ recent actions to define crypto as a money laundering tool could influence the performance of its billion-dollar gaming industry. SCMP’s Hugh Harsono argues that these measures may affect games like Metacene, which has introduced cryptocurrencies as in-game currency. In addition, games that include play-to-earn components and non-fungible tokens (NFTs) could also be impacted […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

Crypto Exchange Bitget Secures Multi-Million Dollar Partnership With La Liga

September 19, 2024 Bitcoin.com

bitcoin.com

Bitget, a leading cryptocurrency exchange, has announced a multi-million dollar partnership with La Liga, the popular Spanish football league. This deal establishes Bitget as the official crypto partner for La Liga across Eastern Asia, Southeast Asia, and Latin America. Bitget and La Liga Join Forces The collaboration was revealed at the Token2049 event in Singapore […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

September 19, 2024 Bitcoin.com

Altcoins

East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major hub due to its unique regulatory framework. Both regions reflect shifting attitudes […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops

September 19, 2024 Bitcoin.com

airdrops

Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance of airdrops in decentralizing networks and shaping the future of blockchain, criticizing the SEC’s approach under […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

Robert Kiyosaki: Bitcoin Price ‘About to Explode’ as Fed Cuts Rates

September 19, 2024 Bitcoin.com

Assets

Rich Dad Poor Dad author Robert Kiyosaki believes that bitcoin’s price is “about to explode” as the Federal Reserve cuts interest rates. He predicted that as interest rates drop, investors should abandon “fake assets” and turn to real ones like bitcoin, gold, and silver. Kiyosaki also highlighted rising inflation, warning of its impact on retirees […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

Lawmaker Flags Concerns Over SEC’s Crypto Approach

September 18, 2024 Bitcoin.com

Banks

Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized approach. The lawmaker highlighted his subcommittee’s legislative successes but expressed frustration with the SEC’s broad and unclear regulations, which he argued burden digital asset […]

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

SEC Charges Defi Platform Rari Capital and Founders

September 18, 2024 Bitcoin.com

bitcoin.com

The U.S. Securities and Exchange Commission (SEC) has announced charges against decentralized finance (defi) platform Rari Capital and its co-founders for misleading investors and operating as unregistered brokers. The settlement involves penalties, injunctions, and bars against the individuals involved, with violations stemming from unregistered securities offerings and deceptive practices. SEC Charges Defi Platform Rari Capital […]

Cryptocurrency