eToro, the Israeli trading platform, has agreed to a $1.5 million settlement with the SEC and will restrict most crypto trading for US customers, while maintaining access to Bitcoin, Ethereum, and Bitcoin Cash.
Bitcoin’s hashrate has reached a new all-time high of 692.28 exahash per second (EH/s), approaching the 700 EH/s milestone. This surge represents a 76.15% increase over the past year, coinciding with rising mining difficulty and decreasing miner revenue.
Maria Corina Machado, leader of Venezuela’s opposition coalition, suggests establishing a national Bitcoin reserve to combat hyperinflation and restore the country’s wealth. She also launches a Bitcoin donation campaign to support democratic efforts.
The cryptocurrency market is experiencing a period of volatility as investors await crucial US employment data.
21.co launches 21BTC, a new Bitcoin wrapper on Ethereum, focusing on institutional-grade security and best practices in asset management.
Charles Hoskinson’s recent comments questioning Bitcoin’s future relevance have drawn criticism, while Cardano (ADA) faces its own market challenges.
Several altcoins, including SATS, Dogwifhat, FET, and Bonk, have experienced significant price increases as Bitcoin surpasses $64,000, driven by potential Federal Reserve rate cuts.
Bitcoin reached a peak of $64,853, driven by Federal Reserve Chair Jerome Powell’s hints at potential rate cuts, leading to a broader crypto market rally.
Bitcoin’s volatility has surpassed levels seen during its all-time high in March, with traders speculating this could signal the end of its consolidation phase and trigger a significant price movement.
Bitcoin and the broader cryptocurrency market experienced a significant downturn on Sunday, with BTC dropping below $59,000 and the total crypto market value declining by 3.18%. The dip triggered substantial liquidations in the derivatives market, totaling $132.49 million.
