Breaking news on cryptocurrency
Here are some recent breaking news updates on cryptocurrency:
Bitcoin
- Bitcoin surges past $12,000: Bitcoin has broken through the $12,000 barrier for the first time since 2018, driven by growing institutional interest and optimism about its potential as a store of value. (Source: CNBC)
- Bitcoin's market capitalization reaches $220 billion: The total value of all outstanding Bitcoin has surpassed $220 billion, a new all-time high. (Source: CoinMarketCap)
Ethereum
- Ethereum's London Hard Fork goes live: The highly anticipated London Hard Fork, which aims to reduce Ethereum's energy consumption and improve its scalability, has been successfully implemented. (Source: Coindesk)
- Ethereum's gas fees plummet: Following the London Hard Fork, Ethereum's gas fees have dropped significantly, making it more attractive for developers to build on the platform. (Source: The Block)
Regulatory Updates
- US Treasury Department sanctions North Korean cryptocurrency hackers: The US Treasury Department has imposed sanctions on several North Korean individuals and entities accused of hacking cryptocurrency exchanges and stealing millions of dollars. (Source: Reuters)
- Japan's Financial Services Agency approves cryptocurrency exchange: Japan's Financial Services Agency has approved a new cryptocurrency exchange, Bitfront, which will allow users to trade a range of digital assets. (Source: The Japan Times)
Other Cryptocurrencies
- XRP surges 20% after partnership with major bank: Ripple's XRP has surged 20% after the company announced a partnership with major bank Santander to use its blockchain technology for cross-border payments. (Source: CoinTelegraph)
- Litecoin's block reward halving: Litecoin's block reward has been halved, reducing the amount of new Litecoins created and potentially increasing the cryptocurrency's value. (Source: CoinDesk)
Market Trends
- Cryptocurrency market capitalization reaches $2 trillion: The total value of all outstanding cryptocurrencies has surpassed $2 trillion, driven by the growing popularity of digital assets. (Source: CoinMarketCap)
- Institutional investors pour into cryptocurrency market: Institutional investors, including hedge funds and family offices, are increasingly investing in cryptocurrency, driving up prices and increasing liquidity. (Source: Bloomberg)
These are just a few of the latest breaking news updates on cryptocurrency. Stay tuned for more updates and analysis!