Sunday, December 3, 2023

Cryptocurrency

SEC to Sue BUSD, Risking Stablecoin Market

The entire Stablecoin market could be shaken if U.S. regulators decide to prosecute Binance USD (BUSD), a stable coin issuer, CNBC reported on the 20th (local time). Stablecoin is a cryptocurrency designed to be fixed to the value of the...

Why is There Compensation for Bitcoin Mining?

Compensation for block mining is a key element of the Bitcoin system. Without compensation, the system itself does not work. A cryptocurrency researcher who uses the pseudonym Hasu explained that the working principle of Bitcoin is largely divided into two....

SEC Accuses Kwon Do-hyung of Terra for Fraud

Kwon Do-hyung, co-founder of cryptocurrency Terra and Luna issuer Terraform Labs, is reportedly depositing more than 10,000 bitcoins in a Swiss bank after cashing them. Bloomberg reported on the 17th (local time) that the U.S. Securities and Exchange Commission (SEC)...

Bitcoin Fell Back to $23,000 Line

Bitcoin, which soared the previous day, turned sharply and fell back to $23,000 again. As of 9:30 a.m. on the 17th, Bitcoin has plunged 3.65% from 24 hours ago to $23,735 on CoinMarketCap, a global coin market broadcasting site. On...

How Bitcoin Soared Over $24,0000

Bitcoin soared 11.31% from 24 hours ago to $24,661 on CoinMarketCap, a global coin market broadcasting site. Bitcoin soared to $24,769 on the same day, attempting to surpass $ 25,000. If Bitcoin surpasses $25,000, it will be the first time...

Bitcoin Surpassed The $24,000 Mark

Bitcoin, the leading cryptocurrency player, surpassed USD 24,000 on the 15th (local time), the highest level in six months. According to CoinDesk, a virtual currency information site, the price per bitcoin jumped 11.63% from 24 hours ago to USD 24,690...

5 Reasons Why Bitcoin Might Rise in 2024

Experts believe that bitcoin might rise a lot by 2024. There are 5 reasons including weak dollar, the lowest volatility in history, whale hunting,  the increase in difficulty of mining, bitcoin halving in 2024. First of all, the 'weak dollar'...

Bitcoin Sees Longest Increase in 10 Years

Bitcoin sees the longest increase in 10 years since November 2013 by rising for 13 consecutive days until yesterday. According to the U.S. cryptocurrency exchange Coinbase, the price of Bitcoin was around $21,000 as of the 17th (local time), recovering...

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