Egypt Ezine

Tag : cryptocurrency

MicroStrategy’s bitcoin holdings top $45 billion in market value
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MicroStrategy’s bitcoin holdings top $45 billion in market value

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MicroStrategy, now operating under the name Strategy, has significantly reduced its workforce while aggressively expanding its bitcoin holdings. The company disclosed in its audited 2024 annual report, filed Tuesday, that it cut 20.7% of its...
Franklin Templeton’s Solana ETF filing highlights blockchain growth
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Franklin Templeton’s Solana ETF filing highlights blockchain growth

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Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of Solana, marking a significant move by asset managers to expand beyond Bitcoin in the cryptocurrency market. The filing, submitted...
SEC lawsuit against Coinbase faces dismissal, signaling policy shift
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SEC lawsuit against Coinbase faces dismissal, signaling policy shift

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Coinbase announced that the U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against the cryptocurrency exchange, pending final approval by the commission’s leadership. The move signals a potential shift in...
Bybit loses over $1.4 billion in Ethereum as hackers strike
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Bybit loses over $1.4 billion in Ethereum as hackers strike

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Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have...
Crypto analysts puzzled as Bitcoin fails to break key price barriers
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Crypto analysts puzzled as Bitcoin fails to break key price barriers

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Bitcoin’s recent price movements have raised suspicions among market analysts, with some questioning whether its trading behavior is being artificially influenced. Despite substantial institutional inflows, the cryptocurrency has remained locked in a tight range between...
Cyber and Emerging Technologies Unit replaces SEC’s crypto squad
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Cyber and Emerging Technologies Unit replaces SEC’s crypto squad

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The U.S. Securities and Exchange Commission (SEC) has announced a restructuring of its crypto enforcement efforts, renaming and downsizing the unit previously dedicated to digital assets. The move signals a shift in the agency’s approach...
Bitcoin drops 7.3% since Trump’s inauguration amid weak sentiment
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Bitcoin drops 7.3% since Trump’s inauguration amid weak sentiment

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Bitcoin continued its downward trajectory on Monday, declining 0.8% to $96,197, as the cryptocurrency market remained subdued amid the U.S. Presidents Day holiday. With stock and bond markets closed, significant price movements appeared unlikely, extending...
Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash
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Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash

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Argentine President Javier Milei is facing significant political fallout after endorsing a cryptocurrency token that quickly skyrocketed in value before crashing, leading opposition lawmakers to threaten an impeachment trial. The token, $LIBRA, was promoted by...
SEC’s lawsuit against Binance faces pause amid regulatory shift
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SEC’s lawsuit against Binance faces pause amid regulatory shift

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The U.S. Securities and Exchange Commission (SEC) has requested a 60-day pause in its ongoing lawsuit against Binance and its founder, Changpeng Zhao, in a move that could signal a shift in regulatory policy on...