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Meanwhile, a crypto-focused life insurance startup that collects payments and pays life insurance policies in bitcoin has raised $40 million in its Series A funding round. Led by Framework Ventures and Fulgur Ventures, with the participation from Xapo founder Wences Casares, the round gives Meanwhile a valuation of $190 million. Zac Townsend, co-founder and CEO … Read more
More than $35,000 has been recovered after a bitcoin scam targeted an elderly victim, signaling a major win for cybercrime investigators in Ohio. $35K Recovered After Pop-up Bitcoin Scam Targets Victim and Sparks Statewide Probe Investigators with the Ohio Bureau of Criminal Investigation (BCI) helped recover more than $35,000 for a woman in Hamilton County … Read more
Financial markets shimmered with cautious optimism as U.S. equities closed positively Friday, with the Nasdaq Composite rising 2.06% and the digital asset sector vaulting 3.72% to a $2.63 trillion valuation. Publicly listed bitcoin miners likewise enjoyed a rebound, as nine of the top twelve leading firms by market capitalization advanced. Publicly Traded Bitcoin Miners Pop … Read more
The cryptocurrency soared above $84K on Friday as the U.S. dollar fell to a three-year low in the face of weakening confidence in USD-denominated assets. Flight from Fiat? Bitcoin Jumps While Dollar Nosedives Despite President Donald Trump touting the success of his aggressive tariff strategy, what appears to be a loss of confidence in American … Read more
Bitcoin ETFs marked their sixth consecutive day of redemptions, with a $150 million outflow, led by heavy withdrawals from Fidelity and Grayscale. Ether ETFs also saw no relief, shedding $38.79 million and slipping closer to the $5 billion net asset mark. Six-Day Slide: Bitcoin ETFs Lose $150 Million, Ether ETFs Drop $38 Million The heavy … Read more
James Toledano says bitcoin’s measured response to a significant sell-off, triggered by U.S. “reciprocal” tariffs, highlights its growing maturity as a macro asset. Bitcoin Is a Maturing Macro Asset After weeks of seemingly moving in tandem with equities and other traditional assets, bitcoin ( BTC) showed a measured reaction to a historic sell-off sparked by … Read more
Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into Wealth: Pakistan Leverages Excess Energy for Crypto Mining Pakistan is looking to bitcoin mining and artificial intelligence (AI) … Read more
Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives. Samson Mow Expects Bitcoin to Go ‘Much Higher’ Bitcoin advocate Samson Mow, who serves as chief executive officer of the bitcoin infrastructure firm JAN3, commented on social media platform X this … Read more
Bitcoin’s price stands at $79,630 as of April 10, 2024, with a market capitalization of $1.57 trillion. Over the last 24 hours, bitcoin has traded between $78,424 and $82,401, amassing a strong trading volume of $52.10 billion, reflecting strong participation and volatile market behavior. Bitcoin On the 1-hour chart, bitcoin has exhibited a short-term bullish … Read more
Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system with bitcoin and gold at the forefront. Bitwise Believes Trade War Will Push Bitcoin to … Read more