Page 9 - Latest Updates on Bitcoin
Bitcoin bulls take heart from smaller token Litecoin's market, beating jump
Litecoin was created in 2011 and aims for faster transactions than Bitcoin
 "Bitcoin bulls take heart from smaller token Litecoin's market, beating jump")
Crypto wrap: Market highly volatile amid mixed signals from macro data
In the last few weeks, the market was witnessing a bull run after the news emerged of several big entities showing their interest in Bitcoin but in the later part of the week, the market saw a sell-of
 "Crypto wrap: Market highly volatile amid mixed signals from macro data")
Karnataka govt forms SIT to probe Bitcoin scam surfaced during BJP regime
The prime suspect, Srikrishna Ramesh alias Sriki, was accused of hacking the state government's e-procurement website and siphoning over Rs 11.5 crore
 "Karnataka govt forms SIT to probe Bitcoin scam surfaced during BJP regime")
Crypto wrap: Bitcoin continues to stay over $30,000, Ethereum above $1,800
Among the most important developments in crypto markets was the King of England's assent to the UK's Financial Services and Markets Act
Karnataka govt to reopen Bitcoin scam, to get it probed thoroughly
"A new team has been constituted. So there should not be any surprise if the case is handed over to the CID," Parameshwara said
 "Karnataka govt to reopen Bitcoin scam, to get it probed thoroughly")
Bitcoin soars 20% in 11 days after BlackRock files application for spot ETF
BlackRock filed for a prospective spot bitcoin ETF on June 15, undeterred by the Securities and Exchange Commission's (SEC) past record of rejecting every such application
 "Bitcoin soars 20% in 11 days after BlackRock files application for spot ETF")
Crypto wrap: Market seeing bull run as institutions jump into industry
BlackRock's application for spot Bitcoin ETF and Deutsche Bank's interest in crypto custody services have kept investors motivated in the last week
Bitcoin breaches $30k-mark fuelled by Powell's comments, spot ETF filings
US Fed chair Jerome Powell on Wednesday said they see 'payment stablecoins as a form of money'
 "Bitcoin breaches $30k-mark fuelled by Powell's comments, spot ETF filings")
Bitcoin hits six-week high as financial titans step up crypto initiatives
The largest digital asset rose as much as 6.1% and traded at $29,789 as of 11:26 am in New York on Wednesday, lifting the token's rebound this year to almost 80%. Smaller coins such as Ether, Cardano
 "Bitcoin hits six-week high as financial titans step up crypto initiatives")
Crypto wrap: Fed's rate hike comment, SEC cases drag Bitcoin to 3-month low
Bitcoin fell to its lowest in three months on Wednesday after US Fed's statement hinted that it may increase the rates in the upcoming policy announcements
 "Crypto wrap: Fed's rate hike comment, SEC cases drag Bitcoin to 3-month low")
Re-examining the Bitcoin scam case unveiled in 2021: Karnataka Minister
There were also charges of cryptocurrency theft, drug peddling and cyber fraud relating to the case
US charges two Russian men over 2014 Mt Gox Bitcoin hack of $400 mn
Starting in 2011, Bilyuchenko and Verner stole a massive amount of cryptocurrency from Mt. Gox, contributing to the exchange's ultimate insolvency
 "US charges two Russian men over 2014 Mt Gox Bitcoin hack of $400 mn")
Crypto wrap: Markets resilient amid SEC action against Binance, Coinbase
Despite the cases against two big crypto exchanges by the US SEC throughout the week, the crypto market cap was largely trading flat on Friday
 "Crypto wrap: Markets resilient amid SEC action against Binance, Coinbase")
Coinbase CEO hits back at SEC chair after lawsuit, says user funds are safe
Crypto companies, including Coinbase, dispute that crypto tokens are securities and have repeatedly called for the SEC to create clear rules
 "Coinbase CEO hits back at SEC chair after lawsuit, says user funds are safe")
Crypto market cracks 5%, Bitcoin at 3-month low after US SEC sues Binance
In its complaint, the SEC alleged that Binance and Zhao had "free reign" over billions of dollars of crypto assets from the US
 "Crypto market cracks 5%, Bitcoin at 3-month low after US SEC sues Binance")
Crypto wrap: US debt ceiling negotiations keeping market on the toes
The negotiations around the US debt ceiling have been slow, but media reports suggest that US President Biden and US House of Representatives Kevin McCarthy appeared to be nearing a deal on Thursday
Crypto wrap: High fluctuation in market due to US debt ceiling crisis
Bitcoin options expiry on Friday is crucial for Bitcoin's price, given concerns about regulations and the US debt ceiling, experts said
US investors eye gold, treasuries, Bitcoin as debt-limit default risk peaks
Traditional haven currencies like the Japanese yen and the Swiss franc had some fans, but each were less popular than the US dollar or, perhaps more strikingly Bitcoin
 "US investors eye gold, treasuries, Bitcoin as debt-limit default risk peaks")
Bitcoin sinks to lowest since March after falling for a second straight day
The largest digital asset fell as much as 3.2% on Friday to around $26,100, and is staring down its first back-to-back weekly losses since March
 "Bitcoin sinks to lowest since March after falling for a second straight day")
Crypto wrap: Market in the red, total m-cap falls to $1.1 trillion
During the week, the prices of crypto tokens dropped sharply after news broke of the US government selling 9.8K BTC worth $277 million
