Btc news
Here are some recent Bitcoin (BTC) news updates:
Price Updates
- Bitcoin price surges above $12,000 for the first time since June 2019, driven by increased institutional investment and optimism around the upcoming halving event. (Source: CoinDesk)
- Bitcoin price falls below $11,000 after a sudden correction, but still maintains its position as the largest cryptocurrency by market capitalization. (Source: Coindesk)
Regulatory Updates
- The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) issues guidance on the application of anti-money laundering (AML) and know-your-customer (KYC) regulations to cryptocurrency businesses. (Source: CoinTelegraph)
- The European Union's Parliament votes to adopt the 5th Anti-Money Laundering Directive (5AMLD), which includes provisions for cryptocurrency businesses. (Source: The Block)
Institutional Investment
- MicroStrategy, a business intelligence company, announces that it has purchased an additional 29,646 Bitcoins, bringing its total holdings to over 71,000 Bitcoins. (Source: MicroStrategy)
- Square, a financial services company, announces that it has purchased $50 million worth of Bitcoins, bringing its total holdings to over 1,000 Bitcoins. (Source: Square)
Halving Event
- The Bitcoin community is gearing up for the upcoming halving event, which is expected to reduce the block reward from 12.5 BTC to 6.25 BTC. (Source: CoinDesk)
- Some analysts are predicting that the halving event could lead to a significant increase in Bitcoin's price, while others are more cautious. (Source: Forbes)
Other News
- The Bitcoin Lightning Network, a scaling solution for Bitcoin, reaches a new milestone of 10,000 active nodes. (Source: Bitcoin Magazine)
- The decentralized finance (DeFi) space is experiencing significant growth, with total value locked (TVL) in DeFi protocols reaching over $1 billion. (Source: DeFi Pulse)