Bitcoin finance news
Here are some recent Bitcoin finance news articles:
Market Updates
- Bitcoin Price Surges Above $12,000 as Global Markets Rally (Coindesk) - Bitcoin's price surged above $12,000 on July 27, driven by a broader rally in global markets.
- Bitcoin's Market Cap Hits $230 Billion as Price Rises 10% (The Block) - Bitcoin's market capitalization reached $230 billion on July 28, as the price of the cryptocurrency rose 10% in a single day.
- Bitcoin's Price Volatility Increases as Market Sees 10% Daily Swing (CCN) - Bitcoin's price volatility increased on July 29, with the cryptocurrency experiencing a 10% daily swing.
Regulatory Updates
- US Treasury Department Proposes New Rules for Cryptocurrency Transactions (The New York Times) - The US Treasury Department proposed new rules on July 24 to require cryptocurrency exchanges and other financial institutions to report transactions to the government.
- Japan's Financial Regulator Approves First Cryptocurrency ETF (Coindesk) - Japan's Financial Services Agency (FSA) approved the country's first cryptocurrency ETF, which will track the price of Bitcoin.
- South Korea's Financial Regulator Warns of Cryptocurrency Risks (The Korea Times) - South Korea's Financial Services Commission (FSC) warned of the risks associated with cryptocurrency investments, including market volatility and hacking.
Business and Investment
- MicroStrategy Buys $250 Million Worth of Bitcoin, Becomes Largest Corporate Holder (Coindesk) - MicroStrategy, a business intelligence company, purchased $250 million worth of Bitcoin, making it the largest corporate holder of the cryptocurrency.
- Square's Cash App Now Allows Users to Buy and Sell Bitcoin (The Verge) - Square's Cash App, a popular mobile payment app, now allows users to buy and sell Bitcoin.
- Grayscale Investments Raises $250 Million for Bitcoin Fund (The Block) - Grayscale Investments, a digital currency asset manager, raised $250 million for its Bitcoin fund, which will invest in Bitcoin and other cryptocurrencies.
Technology and Development
- Bitcoin's Lightning Network Now Has Over 10,000 Nodes (Coindesk) - The Lightning Network, a scaling solution for Bitcoin, now has over 10,000 nodes, making it a more robust and secure platform.
- Ethereum's Vitalik Buterin Proposes New Consensus Algorithm (The Block) - Vitalik Buterin, the co-founder of Ethereum, proposed a new consensus algorithm for the network, which aims to improve its scalability and security.
- Ripple's XRP Now Available on Coinbase's Pro Platform (The Block) - Ripple's XRP, a popular cryptocurrency, is now available on Coinbase's Pro platform, allowing users to buy, sell, and trade the cryptocurrency.
These are just a few examples of recent Bitcoin finance news articles.