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Bitcoin (BTC) broke below $16,800 on Dec. 16, reaching its lowest level in more than two weeks. More importantly, the movement was a complete turnaround from the momentary excitement that had led to the $18,370 peak on Dec. 14.Curiously, Bitcoin dropped 3.8% in seven days, compared to the S&P 500 Index's 3.5% decline in the…

Square Capital, a crypto-friendly payment firm founded by Twitter CEO Jack Dorsey, is purportedly among the first Bitcoin (BTC)-related companies joining the United States federal emergency lending program.The firm has received U.S. Treasury and Small Business Administration (SBA) approval to become a lender under the federal Paycheck Protection Program (PPP).Square to start rolling out PPP…

The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted two banking and securities dealer licences to crypto-focused banks.Two Swiss crypto-specializing firms, Seba Crypto AG and Sygnum have received banking and securities dealer licenses, the banks said in separate statements on Aug. 26.With the new license, Seba expects to officially launch its new trading platform…

Strategy acquired 3,459 BTC worth $285 million, boosting its total holdings to over $35.9 billion as institutional confidence wanes amid global trade tensions. Michael Saylor’s digital asset firm, Strategy, has purchased an additional 3,459 Bitcoin for $285.5 million, signaling continued confidence in Bitcoin even as global markets face trade-related headwinds. Strategy has acquired 3,459 Bitcoin

The Vice President of the crypto exchange would also be put on trial, but without preliminary detention. 22 Total views 1 Total shares The CEO of the crypto exchange Bitsonic, who was under investigation for stealing investments and deposits, was arrested by South Korean police. The Vice President of Bitsonic would also be put on…

“You will continue seeing us take that approach as we sort of, you know, try to shepherd companies into Web3,” said Animoca Brands chairman and co-founder Yat Siu. 180 Total views 10 Total shares Animoca Brands co-founder and chairman Yat Siu stated that his firm will continue to “shepherd companies into Web3” to speed up…

Back in June, I wrote that Wall Street remaining on the sidelines is not necessarily bad for our industry. While most traditional investors are still observing, Bitcoin’s (BTC) mainstream momentum has been building over the last four months. Currently, the Bitcoin price is hovering around $18,000, steadily approaching its historical all-time high.Bitcoin is a store…

Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day.

Bitcoin (BTC) benefiting from the Iran crisis has captured the imagination of internet users worldwide, with its Google search popularity up almost 5,000%.According to data from Google Trends, the search term “Bitcoin Iran” surged 4,450% in the seven days to Jan. 8. Bitcoin search popularity follows priceThe term “Bitcoin” itself also saw a significant uptick around…