Bitcoin Banned South Africa Cites Risk
The South African Reserve Bank adds crypto assets and stablecoins to a new risk category amid rising local adoption. #Update #Legal
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
The South African Reserve Bank adds crypto assets and stablecoins to a new risk category amid rising local adoption. #Update #Legal
Bitcoin ($BTC) is set to close November down nearly 16.9%, marking its worst loss since 2019, but analysts suggest this could present buying opportunities ahead of a promising new year. #Update #Crypto $BTC
South Korea’s largest exchange, Upbit, halted deposits and withdrawals due to suspicious activity linked to the Solana network, potentially tied to the North Korea-affiliated Lazarus group behind a $36M hack. #Breaking #Crypto $SOL
Upbit’s Solana-network hot wallet was hacked for $30.6M, suspected to be by North Korea’s Lazarus Group. Deposits and withdrawals are suspended; reimbursements pledged. #Breaking #Crypto $SOL
Crypto traders are increasingly betting on $BTC reaching $100,000 by year-end, with odds rising to 52% after reclaiming $90,000 amid expectations of a Fed rate cut. #Update #Crypto $BTC
Interpol designates scam-compound networks using crypto as a global threat linked to organized crime and human trafficking, complicating law enforcement efforts. #Update #Legal
Interpol designates crypto-related fraud as a transnational criminal threat, targeting scam centers using coerced labor across 60+ countries. $11B in crypto tied to these scams since July 2022. #Breaking #Legal
@BlackRock’s Bitcoin ETF approaches a milestone as Nasdaq seeks SEC approval for a 1M-contract IBIT options cap, enhancing liquidity and transparency in crypto derivatives. #Update #Crypto $BTC
A major Bitcoin whale has taken an 18x leveraged long position worth $56.7M after 18 months of inactivity, reflecting renewed confidence in $BTC’s future price trajectory. #Breaking #Crypto $BTC
Bitcoin advocate Max Keiser predicts a potential new all-time high for $BTC following Nasdaq’s filing to expand BlackRock IBIT’s options contracts by 40x, enhancing market liquidity. #Update #Crypto $BTC
A crypto analyst predicts $XRP will hit $100 before $BTC reaches $1 million, challenging long-term bullish forecasts by Michael Saylor. #Update #Crypto $XRP
U.S. market liquidity shows early recovery signs post six-week contraction, per @ARKInvest analysis; dovish Fed tone cited as catalyst for potential year-end bounce. #Update #Finance
Chainlink Reserve accumulates 973,753 LINK tokens over three months, nearing a 1 million milestone to support network growth. #Update #Crypto $LINK
Bitcoin rebounds above $90K amid easing institutional sell pressure, but the Coinbase Premium Index remains negative, indicating continued cautious sentiment. #Update #Crypto $BTC