Tags: currencies

A company or a government might attempt to buy a significant amount of Bitcoin, but it would likely get tricky pretty fast, as the price will only continue to rise, analysts say.

The Africa Stablecoin Consortium said the cNGN stablecoin complies with the regulatory requirements and standards of the Central Bank of Nigeria and the Nigerian SEC.

Marathon Digital mined a whopping 1,853 Bitcoin in December, its most ever in a month.

“Buy the dip” mentions on social media soared as Bitcoin’s price dropped to nearly $40,000 on Jan. 3, with price action suggesting traders took their own advice.

Professional Bitcoin traders were unaffected by the recent 9.6 price correction, and derivatives data reflects a healthy market.

The SEC has until Jan. 10 to rule on the ARK 21Shares Bitcoin ETF application.

Revolut Suspends Crypto Services for UK Business Clients Due to New FCA Rules

BlackRock, Cathie Wood’s ARK and WisdomTree are the latest spot Bitcoin ETF applicants to revise their filings with the U.S. SEC.

The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May.

The regulations will take effect on Jan. 8, with the Bank of England and U.K. Financial Conduct Authority operating the sandbox.

The neobank will halt crypto purchases by businesses while it sorts out new ad requirements.

Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.

“We are still investigating & we should be able to share an update soon,” wrote a Zilliqa community moderator.

A hard fork proposed by Arweave’s largest layer-2 solution, Irys, is allegedly in the making.

The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025.