Bitcoin & Altcoins
CryptoWire, SEOUL, South Korea, Feb. 7: A South Korean cryptocurrency exchange said it accidentally distributed more than $40 billion worth of bitcoin to customers due to a…
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CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on…
CryptoWire, BEIJING, Feb 8, 2026: Chinese financial regulators have broadened the country’s sweeping restrictions on digital assets, extending enforcement measures to stablecoins and the tokenization of real-world assets, according to a joint regulatory notice issued on Friday. The move marks the most comprehensive update to China’s cryptocurrency framework since the nationwide ban on crypto mining and trading activities imposed in 2021. In the notice, authorities including the People’s Bank of China and the China Securities Regulatory…
CryptoWire, NEW YORK: Bitcoin rebounded above $70,000 on Friday after sliding to about $60,018 earlier in the session, a sharp swing that underscored renewed volatility in the cryptocurrency market. The world’s largest digital asset traded as high as roughly $71,465 during the rebound. By Saturday, Bitcoin was trading around $69,000, off the day’s highs but well above the prior session’s low. The move followed a broad selloff that hit a range…
CryptoWire, NEW YORK: Bitcoin fell back toward $73,000 this week, giving up gains built after the November 2024 U.S. presidential election and marking one of its sharpest pullbacks since last year’s peak. The largest cryptocurrency briefly dipped below $73,000 on Tuesday, February 3, and later rebounded above $76,000 by the end of U.S. trading, after sliding to levels last seen in November 2024, according to market and crypto data services. The…
CryptoWire, SAN MATEO, California: Global investment firm Franklin Templeton has said that stablecoins are likely to overtake Bitcoin in practical use, signaling a shift in how digital assets may function within financial systems. According to Roger Bayston, Head of Digital Assets at Franklin Templeton, the company sees stablecoins as emerging leaders in transactional utility across the cryptocurrency ecosystem, offering efficiencies that Bitcoin cannot match due to its volatility and network limitations. Bayston noted that…
