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Bitcoin mining stocks tracked by JPMorgan have enjoyed a strong start to the year, with 12 of the 14 companies outperforming the world's largest cryptocurrency in the first two weeks, the Wall Street bank said in a research report Thursday.The network hashrate has risen 2% month-to-date to an avera…
On Wednesday, bitcoin briefly exceeded $100,000 for the fourth time, with trader sentiment switching to greed from fear as the price ranges between $90,000 and the six-figure level.The largest cryptocurrency may take several attempts to push through $100,000, as previous CoinDesk research showed.Si…
Malaysia may introduce crypto and blockchain legislation to regulate the sector and keep pace with other jurisdictions, Prime Minister Datuk Seri Anwar Ibrahim said during a visit to Abu Dhabi."I proposed several months ago how our agencies, including security, treasury and Bank Negara study how Mal…
Payments-focussed cryptocurrency XRP, which failed to set new price highs during the 2020-21 bull run due to regulatory struggles, is chalking out its fastest ascent in years, with derivatives tied to the token seeing record activity.The cryptocurrency's price has surged 50% to seven-year highs abov…
While headline inflation came in faster than hoped in December, investors for the moment are in buy mode after an unexpected decline in the year-over-year core rate.The closely-watched Consumer Price Index (CPI) increased 0.4% in December, slightly higher than analyst consensus and the previous mont…
Huione, a Telegram-based illicit marketplace that offers personal data and money laundering services has rolled out its own stablecoin, according to report by blockchain security firm Elliptic.The stablecoin (USDH) was created to “avoid the common freezing and transfer restrictions of traditional di…
The stateside demand for regulated crypto products is real.The U.S. SEC-approved options tied to BlackRock's spot bitcoin exchange-traded fund , which debuted on Nov. 19, are already almost half the size of Deribit's eight-year-old bitcoin options market.On Monday, there were 2.16 million open or a…
Sigma Capital, an early-stage venture firm, has unveiled a $100 million fund focused on Web3 startups.The Dubai-based company is attempting to capitalize on the United Arab Emirates' (UAE) reputation as a crypto hub, according to an emailed announcement on Tuesday.The fund will focus on decentralize…
Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance the world's oldest blockchain's interoperability. In partnership with Bitcoin developers Fiamma, Babylon is using the BitVM2 computing paradigm, which is desig…
The EU's MiCA regulations, which came into effect on Dec. 30, will likely boost euro denominated stablecoins, JPMorgan said in a research report on Wednesday."Under MiCA, only compliant stablecoins can be used as trading pairs in regulated markets, prompting EU exchanges to adjust their offerings,"…
Rep. Mike Johnson (R-Louisiana) will get to keep the big gavel after his fellow Republicans voted to re-elect him House Speaker on Friday afternoon.Johnson, who has been publicly backed by President-elect Donald Trump, was able to garner the minimum 218 votes needed to win the job in the first round…
The largest public fund tracking bitcoin recorded its highest outflows on Thursday, nearly one year after going live.BlackRock’s Nasdaq-listed IBIT, which holds over $53 billion in net assets, saw over $332 million leave the fund on Thursday, according to data source SoSoValue. These exceed a short…