Dubai, United Arab Emirates, November 28th, 2024, Chainwire Bybit, the world’s second-largest crypto exchange by trading volume, is celebrating six transformative years with its most exciting event yet: #Super6Bybit. This milestone anniversary highlights Bybit’s focus on innovation, featuring the continued…
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CHILLGUY Price Slides Amid Legal Dispute but Catslap Could be the Next Meme Coin to Explode
The massive hype around Chill Guy (CHILLGUY) from last week is dying down. CHILLGUY has taken another 12% hit in the past 24 hours as legal troubles mount over its use of the “chill guy” character. But while this token…
Bitcoin ETFs Reel in $103M in a Day, Pushing Cumulative Inflows to $30.38B
The 12 spot bitcoin exchange-traded funds (ETFs) had a standout Wednesday, capitalizing on BTC’s latest price climb. Collectively, these funds attracted $103.09 million in inflows, pushing their cumulative net inflows since Jan. 11 to an impressive $30.38 billion. Bitcoin and…
Bitcoin Holds Above $90K – On-Chain Data Reveals Key Demand Levels
Bitcoin recently saw a 9% retrace from its all-time high of $99,800, narrowly missing the psychological $100K milestone. The pullback brought BTC down to a low of $90,700 on Tuesday, sparking concern among some investors. However, the price has since…
Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns
Investors have expressed apprehension regarding the recent price fluctuations of Bitcoin, particularly in light of analysts’ predictions of a 20-25% decline in the global M2 money supply. At $92,864, bitcoin is down nearly 9% from its recent high of just…
Some Bitcoiners Need To Grow Up And Focus On Their Own Shit
Too much of the discussions around Bitcoin in the last year have been focused on how to use it. Or how it should be used. The entire Ordinals/Inscriptions mania over the last year has created a mob of Bitcoiners essentially…
Bitcoin is Neither Racist, Xenophobic, nor Misogynistic: A Response to Ideological Stereotyping
Just hours after the U.S. election results were announced, I received messages from friends filled with striking assumptions. Some congratulated me, mockingly saying, “Congrats, your side won for Bitcoin.” Others expressed disapproval with remarks like, “It’s pathetic!” and “I’m shocked…
Tether Halts EURT Issuance Amid Regulatory Changes in the EU
Tether has ceased issuing EURT, its Euro-backed stablecoin, citing compliance with the EU’s MiCA regulation. EURT holders have until November 27, 2025, to redeem their assets, as Tether shifts focus to MiCA-compliant initiatives like EURQ and USDQ. In a significant…
Russia’s Digital Ruble Rollout Faces Critical Setback
Russia’s Ministry of Industry and Trade proposes delaying the digital ruble rollout by two years to address technical and operational challenges. The digital ruble, central to Russia’s de-dollarization strategy, faces resistance due to unprepared infrastructure and industry concerns. Russia’s ambitious…
Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council,…