Cryptocurrency News

Bitcoin surged past $81,800 following stronger-than-expected third-quarter U.S. GDP data, briefly reversing losses triggered by the Federal Reserve’s decision to hold interest rates steady ahead of the U.S. midterm elections. Strong GDP Growth Drives Temporary Rally Bitcoin rallied Thursday after new data from the U.S. Bureau of Economic Analysis showed U.S. gross domestic product (GDP)…Read More

Utah prosecutors have charged Kalshi and its co-founders, CEO Tarek Mansour and COO Luana Lopes Lara, with 13 felonies and a misdemeanor after an undercover state investigator placed a dozen sports bets on the platform. An Undercover Agent’s 12 Sports Bets The Utah Attorney General’s Office filed the charges on Wednesday in state court in…Read More

Bitcoin Magazine Franklin Templeton Officially Launches 2 Bitcoin DRIP ETFs That Turn Dividends Into Bitcoin Franklin Templeton’s two Bitcoin DRIP ETFs, FBEQ and FIBT, started trading today on the Nasdaq. This post Franklin Templeton Officially Launches 2 Bitcoin DRIP ETFs That Turn Dividends Into Bitcoin first appeared on Bitcoin Magazine and is written by Micah…Read More

Bitcoin’s derivatives market is carrying $54.78 billion in futures open interest, while options traders are stacking bullish bets around $90,000, $95,000, and $100,000 with bitcoin trading between $79,262 to $81,939 this week. On Thursday, the market’s speculative machinery is humming, although not everyone agrees on which direction the next move takes. Bitcoin Futures Open Interest…Read More

New research from quantum computing company Alice & Bob suggests that breaking the cryptography protecting the Bitcoin network could require far fewer quantum computing resources than previously believed, adding urgency to efforts to prepare the cryptocurrency for a post-quantum future. Bitcoin’s ‘Q-Day’ Threat Draws Nearer The Paris- and Boston-based company announced Thursday that its researchers…Read More

Bitcoin Magazine Russia Approves Securities Group to Oversee Crypto Exchanges The Bank of Russia approved NAUFOR as the country’s first self-regulatory organization for crypto exchanges and digital depositories. This post Russia Approves Securities Group to Oversee Crypto Exchanges first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More

Prediction-market operator Kalshi has secured another $1 billion in funding, lifting its valuation to $40 billion, nearly 82% above its $22 billion valuation in May. The Sequoia Capital and Wellington Management-led investment marks the company’s second billion-dollar capital raise in roughly five months. Now, Kalshi is preparing to challenge established derivatives exchanges while a bitter…Read More

Bitcoin Magazine U.S. Treasury Sanctions Crypto Launderers Behind North Korea’s Fake Workers The U.S. Treasury sanctioned ten people and one entity, including two Russian crypto middlemen, for laundering money from North Korean fake IT worker schemes that fund its weapons programs. This post U.S. Treasury Sanctions Crypto Launderers Behind North Korea’s Fake Workers first appeared…Read More

Bitcoin Magazine Crypto Exchange HTX Agrees to Leave UK in Settlement With FCA  HTX is leaving the UK under a confidential FCA settlement that ends its first crypto marketing case, while sanctions from the UK and EU remain in place. This post Crypto Exchange HTX Agrees to Leave UK in Settlement With FCA  first appeared…Read More

Bitcoin Magazine Understanding the Various Bitcoin Per Share Metrics Bitcoin per share, Bitcoin per assumed diluted shares, Net Bitcoin per share, and what to make of it all. This post Understanding the Various Bitcoin Per Share Metrics first appeared on Bitcoin Magazine and is written by Allard Peng.Read More