Crypto News

You Can Buy Bitcoin At A Discount, If You Trust The SEC To Be Rational

The clock is ticking on a limited-time offer to get bitcoin on the cheap. Whether it turns out to be a bargain or a bad deal depends on the actions of an intransigent regulator. By Steven Ehrlich, Forbes Staff After more than two years of unintentionally offering a way to buy bitcoin for less than its market price (sometimes a lot less), the world’s most popular cryptocurrency investment fund is advancing in an attempt to change its format—tha...

‘Alarm Bells For Crypto’—Leak Reveals Joe Biden Could Be About To Issue a Game-Changing Executive Order And Trigger Bitcoin Price Chaos

Bitcoin BTC and crypto have been hit by severe uncertainty this year, with a U.S. crypto crackdown followed by the Federal Reserve creating a bitcoin price nightmare. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year's historical bitcoin halving! The bitcoin price is languishing under $30,000 per bitcoin, in part due to fears the U.S. is ...

It’s ‘War’—CEO Of ChatGPT Developer OpenAI And AI Pioneer Issues Stark Bitcoin Warning Amid Crypto Price Swings

Bitcoin BTC and cryptocurrencies have struggled under the weight of a U.S. government crackdown this year that could be about to get a whole lot worse. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year's historical bitcoin halving! The bitcoin price has lost momentum after surging higher through the first half of 2023 (though a BlackRock ...

This Is ‘Not Priced In’—A ‘Huge Shift’ Just Happened That’s About To Blow Up The Bitcoin, Ethereum, XRP And Crypto Market

Bitcoin BTC and cryptocurrency traders are on the edge of their seats as Wall Street giants quietly lay the ground work for the next bitcoin price bull run. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year's historical bitcoin halving! The bitcoin price this week touched $30,000 per bitcoin for the first time since August as the ethereum...

Web3 Travel Guides: The Parisian Crypto Art Scene

Paris, the City of Light, has long been a magnet for the cultural avant-garde. In the case of Web3 innovators, the same holds true. Summer, fall, spring, even winter, the Parisian crypto art scene sizzles. Here are a few NFT-friendly spots to add to your French séjour. L’Avant Galerie Vossen: Founded by visionary gallerist Caroline Vossen in 2018, this small but mighty Marais enclave has hosted far-reaching exhibitions featuring local pionee...

Marketing And Product Teams Hit Hardest As Blockchain Analytics Firm Nansen Lays Off 30% Of Workforce

Nansen’s marketing and product teams bore the brunt of layoffs totaling 30% of the company’s workforce, which the blockchain analytics firm blamed on “brutal” conditions in the cryptocurrency market and expansion beyond its main business. “This will allow us to focus on our core products with data, analytics and research,” the company said in an email to Forbes. It plans to focus on an updated Nansen information dashboard (Nansen V2), and Na...

Coinbase Narrows Loss But Trading Revenue Plunges 50%

Coinbase’s second-quarter loss narrowed and revenue exceeded estimates, according to an earnings report released Thursday, but the cryptocurrency exchange no longer gets the lion’s share of its revenue from trading. Sales came in at $707.9 million, down 12% from the similar period last year but above the $631.2 million consensus of analysts surveyed by Bloomberg. Net loss decreased to $97.4 million—significantly less the expected $172.9 mill...

Bitcoin Dives 7.6% As Spot ETF Arrival Estimates Are Pushed Back And China’s Growth Outlook Darkens

Cryptocurrencies extended a slide Friday morning as investors reassessed the timeline for introduction of spot-market bitcoin exchange-traded funds in the United States and global economic issues weighed on sentiment. Forced liquidations in the futures market on Thursday afternoon helped steepen a decline that began earlier in the week. Bitcoin BTC was trading at $26,219 at 10:30 a.m. in New York, according to CoinGecko, down 7.6% over ...

Bankman-Fried, Claiming To Be Overwhelmed By Prosecution Evidence, Has Just Hours To Seek Trial Postponement

Sam Bankman-Fried has until Friday to request a postponement of his October 3 trial, a federal judge said after the jailed FTX founder's lawyers complained about his inability to “adequately prepare” for it. A jury for the trial has to be requested by September 7. Negotiations between the two sides have intensified since mid-August, when Judge Lewis Kaplan sided with a request by federal prosecutors to revoke Bankman-Fried’s $250 million ba...

Bitcoin’s Layered Design: The Key To Greater Utility

Bitcoin's BTC robust and decentralized design has made it a remarkable store of value, likened by many to digital gold. Its capacity to process transactions, however, is inherently limited. This isn't a weakness, but rather a design trade-off. With a rigorous focus on robustness, Bitcoin is designed to be a secure and immutable base layer - and it is optimized for that function. To serve a broader range of financial use cases, we need a ...
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