News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Nwani Mishael

American business intelligence company MicroStrategy has just added another tranche of BTCs to its portfolio. In its latest purchase, 16,130 BTCs have been added to the company’s stash, bringing its total holdings to 174,530 BTCs. MicroStrategy has acquired an additional 16,130 BTC for ~$593.3 million at an average price of $36,785 per #bitcoin. As of ... Read more

MicroStrategy Adds 16,130 BTCs to Bitcoin Stash, Brings Portfolio Above 170,000 BTCs

https://coinfomania.com/wp-content/uploads/Bitcoin-reserve-asset.webp

Home

Best Crypto to Buy Now | New Coins &amp; Presales | Next Crypto to Explode

Coinfomania

Gideon Geoffrey

Gideon Geoffrey is an enthusiastic writer. He admires everything about cryptocurrencies and their underlying blockchain technology.

Bitcoin is currently trending on X for several reasons. Nonetheless, the most glaring thing is that the coin turned fifteen years old. To celebrate this proponents, traders, and enthusiasts took to social media to show appreciation for the founder Satoshi Nakamoto. Adding to the celebrations, researchers at Bernstein Research said that a bitcoin ETF is ... Read more

Market Wrap: Bitcoin Closes October Positive As it Turns 15 Years

https://coinfomania.com/wp-content/uploads/Bitcoin-21.webp

https://secure.gravatar.com/avatar/32392456f696437d60176fce03835647?s=96&r=g

WilfredMichael

Elendu Benedict

Italian luxury sports car manufacturer Ferrari will start accepting crypto payments for its exquisite rides.

Want a Ferrari? Now You Can Buy It With Crypto

https://coinfomania.com/wp-content/uploads/Ferrari-Accepts-Crypto.webp

Bitcoin mining company Iris Energy has declared plans to step up its mining capacity. Through a partnership with the Bitcoin mining hardware manufacturing company Bitmain, Iris Energy announced that it would be increasing its self-mining capacity from 5.6 exahashes per second (EH/s) to 7 EH/s, representing a 25% increase. Iris Energy to Step Up Mining ... Read more

Bitcoin Miner Iris Energy to Increase Mining Capacity by 25%

https://coinfomania.com/wp-content/uploads/Binance-mining-pool.webp

Crypto Wallet News

Financial services provider MoneyGram announced on Tuesday its plans to launch its own non-custodial digital wallet in 2024. Set to debut in the first quarter of next year, the wallet will allow users to send Bitcoin and other digital currencies from one wallet to another and convert them back into fiat. MoneyGram stated that the ... Read more

MoneyGram Announces Plans to Launch Non-Custody Wallet in 2024

https://coinfomania.com/wp-content/uploads/Bitcoin-wallets.webp

Asset management giant Franklin Templeton has joined a cohort of institutional companies filing for approval of a spot Bitcoin exchange-traded fund (ETF). The application, dated September 12th, was submitted to the United States Securities and Exchange Commission (SEC) while awaiting approval. Franklin Templeton Files for a Bitcoin ETF The asset company, which manages around $1.5 ... Read more

Fund Manager Franklin Templeton Files for a Spot Bitcoin ETF

https://coinfomania.com/wp-content/uploads/Bitcoin-ETF.webp

Coinbase CEO Brian Armstrong stated that the US&#8217;s top regulator, the Securities and Exchange Commission (SEC), told the exchange to delist all cryptocurrencies on its platform except Bitcoin before it sued it last month, the Financial Times first reported on Monday. According to the report, the SEC made the recommendation to Coinbase, in what was ... Read more

SEC Asked Coinbase to Delist All Crypto Assets Except Bitcoin Before Suing the Exchange

https://coinfomania.com/wp-content/uploads/2019/05/finhub_sec.original.webp

Since the Bitcoin Ordinals brought a significant breakthrough for the global NFT ecosystem, the Bitcoin network has struggled to keep up the pace as it experiences rising transaction fees and network congestion. The Bitcoin Ordinals launchpad Luminex seeks to resolve the issue through its latest proposal dubbed the BRC-69 standard. Bitcoin Ordinal is a protocol ... Read more

Bitcoin Ordinals' Platform Luminex Proposes BRC-69 Standard to Lower Fees

Bitcoin Ordinals&#8217; Platform Luminex Proposes BRC-69 Standard to Lower Fees

https://coinfomania.com/wp-content/uploads/BTC-bitcoin.webp

Lucky Ebosele

The iShares unit of BlackRock, the world's largest asset manager with over $10 trillion in assets has filed paperwork for a spot Bitcoin

World's Largest Asset Manager BlackRock Files For a Spot Bitcoin ETF

World&#8217;s Largest Asset Manager BlackRock Files For a Spot Bitcoin ETF

https://coinfomania.com/wp-content/uploads/Blackrock-Bitcoin.webp

A recent study shows that Norwegian electricity service provider Salten Kraftsamband (SKS) dumped 340 Gigawatts hours (GWh) of hydropower last year. If this wasted energy had been channeled into Bitcoin mining, 1,800 BTCs (worth $48.6 million) would have been generated. SKS Misses Out on 1,800 BTCs Throughout 2022, the electricity-producing company produced a record-high 2,577 ... Read more

Norwegian Energy Company Wastes 340 GWh, Misses Out on 1,800 BTC ($48.6M) Revenue

https://coinfomania.com/wp-content/uploads/Ukriane-electricity-crypto-mining.webp

On Sunday, the Bali Provincial Government stated that it would duly punish tourists violating its crypto ban by using Bitcoin and other digital assets as legal tender. Bali’s governor, Wayan Koster, conveyed the decision of the state in a tourism development press conference, according to report. “Foreign tourists who behave inappropriately, do activities that are ... Read more

Bali to Punish Tourists Who Spend Cryptocurrencies

https://coinfomania.com/wp-content/uploads/Bitcoin-investment-sites.webp

Florida Governor Ron DeSantis has pledged to protect Bitcoin if elected president of the United States in 2024.

US Presidential Aspirant Ron DeSantis Promises to "Protect" Bitcoin

US Presidential Aspirant Ron DeSantis Promises to &#8220;Protect&#8221; Bitcoin

https://coinfomania.com/wp-content/uploads/Ron-DeSantis-Bitcoin.webp

Online payment giant PayPal revealed in a 10-Q SEC filing on Tuesday that it holds nearly $1 billion in crypto assets in its custody. The voluminous crypto assets held by PayPal came as a surprise to investors because the financial services company is a relatively new player in the crypto space, having allowed digital asset ... Read more

PayPal Discloses Near $1B Crypto Holding in 10-Q SEC Filing

https://coinfomania.com/wp-content/uploads/Paypal-Bitcoin-crypto.webp

Peer-to-peer Bitcoin trading platform Paxful has finally resumed its operations after an abrupt halt last month. A wave of legal battles between the founders of the exchange led to the platform’s closure. What Happened? In January, Artur Schaback, the co-founder and COO of Paxful, sued his business partner, Ray Youssef, Paxful’s CEO and co-founder, over ... Read more

P2P Bitcoin Marketplace Paxful Resumes Operations After Sudden Closure

https://coinfomania.com/wp-content/uploads/viktor-forgacs-LNwIJHUtED4-unsplash.webp

Standard Chartered&#8217;s top analyst, Geoff Kendrick, predicted in a research note released on Monday that Bitcoin would reach $100,000 before the end of 2024. According to the economist, the crypto winter is over, and recent events in the banking sector have proven the importance of the digital asset. The crypto winter saw Bitcoin and other ... Read more

Bitcoin to $100,000? Analyst Predicts BTC Will Triple Before the End of 2024

https://coinfomania.com/wp-content/uploads/rocket.webp

It is all bullish for tech firm MicroStrategy as its Bitcoin portfolio moves into profit after almost a year of unrealized loss. Following Bitcoin&#8217;s rally above $30,000, Michael Saylor&#8217;s MicroStrategy saw its average Bitcoin price surpassed, all thanks to the firm’s consistent dollar-cost averaging (DCA). In its last Bitcoin acquisition last week, MicroStrategy stated that ... Read more

MicroStrategy's Bitcoin Portfolio Turns Green for the First Time in 307 Days

MicroStrategy&#8217;s Bitcoin Portfolio Turns Green for the First Time in 307 Days

Bitcoin and the broader crypto market stuttered after the United States Federal Reserve (FED) hiked interest rates by 25 basis points (bps) or 0.25%.

Bitcoin Rally to $30k Stalls as FED Hikes Interest by 25bps

https://coinfomania.com/wp-content/uploads/Bitcoin-bull.webp

Itau Unibanco's Ion Platform Now Offers Crypto Trading for All Clients

Smartphone,With,Bitcoin,Trading,Chart,On,The,Screen.,Holding,In

Crypto Regulation News

A new report reveals Vietnam has over 16 million crypto investors, highlighting the country's growing interest in digital assets...

Vietnam Has Over 16 Million Crypto Investors: Report

Vietnam Surpasses 16 Million Crypto Investors: Report

https://coinfomania.com/wp-content/uploads/Bitcoin-trading-1.webp

Digital Currency Group (DCG), the New-York based conglomerate that owns troubled crypto broker Genesis and digital asset manager Grayscale, witnessed a staggering loss of $1.1 billion in 2022 due to the decline in crypto asset prices and financial troubles at Genesis. According to a recent report, citing DCG&#8217;s fourth-quarter investor report, Three Arrows Capital (3AC) failed ... Read more

Crypto Giant DCG Reports Staggering $1.1B Loss in Turbulent 2022

https://coinfomania.com/wp-content/uploads/Market-crash.webp

Press Release

PR Desk

This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.

Valley West Mall now features a Bitcoin ATM from Crypto Dispensers, making crypto transactions easier for shoppers. Learn more here...

Valley West Mall Welcomes New Bitcoin ATM from Crypto Dispensers

Valley West Mall Installs New Bitcoin ATM by Crypto Dispensers

https://coinfomania.com/wp-content/uploads/Crypto-dispensers-1.webp

The United Kingdom Financial Conduct Authority (FCA) is cracking down on unregistered crypto ATM operators across several locations in the city of Leeds. Crypto ATMs are electronic kiosks that allow investors to purchase crypto assets, such as Bitcoin (BTC) and Ether (ETH), using cash or a debit card. FCA Goes After Crypto ATM Operators In ... Read more

UK's FCA Crackdowns on Unregistered Crypto ATM Operators in Leeds

UK&#8217;s FCA Crackdowns on Unregistered Crypto ATM Operators in Leeds

https://coinfomania.com/wp-content/uploads/Bitcoin-ATM.webp

Chimamanda Marcel

Bitcoin peer-to-peer trading platform LocalBitcoins has joined a growing list of crypto companies exiting the industry in the aftermath of the 2022 market crash, which forced many firms into bankruptcy.  According to an official announcement on Thursday, the P2P exchange, which actively serviced its customers for the past ten years, is shutting down its services ... Read more

LocalBitcoins Shutdown Operations After 10 Years of Service

https://coinfomania.com/wp-content/uploads/Binance-Jersey.webp

Crypto millionaire Tim Draper had his offer for Bitcoin adoption rejected by Sri Lanka. The Silicon Valley investor received a hostile reception from the country&#8217;s president for his decentralized currency advocacy. Draper, who traveled to Sri Lanka for one of his TV episodes of &#8220;Meet the Drapers,&#8221; advocated crypto adoption in the troubled country. He ... Read more

Sri Lanka Rejects Tim Draper's Offer to Adopt Bitcoin

Sri Lanka Rejects Tim Draper&#8217;s Offer to Adopt Bitcoin

https://coinfomania.com/wp-content/uploads/Bitcoin-trading.webp

A new analysis from a famous trader and market commentator has shown that Bitcoin might soon see $50,000 if it continues trending with gold.

Bitcoin Might See $50k If Gold Correlation Continues: Analyst

https://coinfomania.com/wp-content/uploads/Bitcoin-Gold.webp

BCH Figure Craig Wright Threatens To Crash Bitcoin To $1000

Crypto Exchange News

Before Sam Bankman-Fried (SBF) was arrested and charged with fraud, he claimed Alameda had been profitable until the recent cryptocurrency crash. However, with new reports from the Wall Street Journals, Alameda’s predicaments were inevitable even before the recent cryptocurrency crash.  Alameda engaged in risky bets with the company’s funds. Some were lucrative, but most were ... Read more

Alameda Research Was Set for Doom Even Before Crypto Crash

https://coinfomania.com/wp-content/uploads/2018/11/Lamborghini-Crash-4.webp

Popular cryptocurrency exchange OKX has released its second proof of reserves (PoR) report. The crypto exchange also promised to release monthly reports showing its PoR audits. Proof of Reserves (PoR) is an audit system through which a crypto exchange or custodian shows the public that the total assets it has are sufficient to back the ... Read more

Crypto Exchange OKX Releases Second Proof of Reserves, Promises Monthly Reports

Cryptocurrency mining company Bitfarms announced Wednesday that it had received a warning from Nasdaq Stock Market LLC that it was not in compliance with its minimum bid price requirements.  The Canadian-based publicly traded company became non-compliant with the Nasdaq Listing Rule 5810(c)(3)(A) when its shares, BITF, dropped below the $1 closing mark for common equities listed ... Read more

Bitcoin Mining Company Bitfarms Receives Delisting Warning From Nasdaq

https://coinfomania.com/wp-content/uploads/2018/08/Bitffarm-min-1.webp

Ray Youssef, the CEO and founder of crypto peer-to-peer marketplace Paxful, recently confirmed that the platform is working on delisting Ether (ETH). Youssef further acknowledged that while ETH revenues are nice, he is focused on the integrity of the cryptocurrency. Paxful is a peer-to-peer platform that allows users to buy and sell cryptocurrencies globally. The US-based ... Read more

Paxful CEO Says Working to Remove ETH from Platform

https://coinfomania.com/wp-content/uploads/Ethereum-price-.webp

Crypto Mining News

New York State Governor Kathy Hochul has signed a new moratorium seeking to ban the use of fossil fuels to power Bitcoin and other crypto-mining activities in the U.S. state.   The just-approved bill was proposed in March to curb the growing interest in mining activities in upstate New York due to its sufficient hydroelectric and ... Read more

New York Approves Law to Temporarily Ban Bitcoin Mining for Two Years 

https://coinfomania.com/wp-content/uploads/BITCOIN-BTC-mining.webp

Prominent cryptocurrency exchange CryptoCom has shared details of its cold wallet addresses with a total balance of $3 billion in crypto assets, as a show of transparency.  CryptoCom CEO Kris Marszalek said the company worked with data blockchain analytics platform Nansen to put together a simple dashboard tracking these addresses. CryptoCom Holds $3B Crypto Reserve According ... Read more

CryptoCom Discloses Wallet Addresses of $3 Billion Crypto Reserve

https://coinfomania.com/wp-content/uploads/Vault.webp

BTC