Cryptocurrency news today
Here are some of the top cryptocurrency news stories from today:
Bitcoin
- Bitcoin (BTC) price surges above $12,000 for the first time since June, driven by growing institutional interest and optimism around the upcoming halving event. (Source: CoinDesk)
- The Bitcoin futures market has seen a significant increase in open interest, with over $1.5 billion worth of contracts traded on the CME Group. (Source: Coindesk)
Regulatory Updates
- The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) has issued new guidance on the reporting requirements for cryptocurrency transactions. (Source: CoinTelegraph)
- The Japanese government has announced plans to introduce a new tax on cryptocurrency transactions, with the aim of generating revenue and reducing tax evasion. (Source: The Japan Times)
Blockchain and Technology
- A new blockchain-based platform has been launched to help small businesses and individuals access affordable and secure financial services. (Source: Forbes)
- Researchers at the University of California, Berkeley have developed a new blockchain-based system for secure and efficient data sharing. (Source: Science Daily)
Market Analysis
- The total cryptocurrency market capitalization has surpassed $300 billion for the first time since June, driven by the rally in Bitcoin and other major cryptocurrencies. (Source: CoinMarketCap)
- Analysts at Fundstrat Global Advisors have predicted that Bitcoin could reach $20,000 by the end of the year, driven by growing institutional interest and optimism around the halving event. (Source: CNBC)
Other News
- The popular cryptocurrency exchange, Binance, has announced plans to launch a new decentralized exchange (DEX) called Binance DEX. (Source: Binance Blog)
- The cryptocurrency-focused investment firm, Grayscale Investments, has launched a new fund focused on the investment potential of decentralized finance (DeFi) assets. (Source: Grayscale Investments)