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Bitcoin Mining Survey Shares Improved Results in the 2nd Quarter of 2022

20.7.2022
The Bitcoin Mining Council published the findings of its survey with a core focus on technological efficiency, electricity consumption, and sustainable power mix. The results are impressive enough to reaffirm that the Bitcoin Network will continue to grow with higher efficiency in the times...

US SEC Chief Gensler Says Crypto Sector Rife with ‘Non-compliance’

20.7.2022
The head of the US Securities and Exchange Commission (SEC), Gary Gensler, has said that his agency will “do what we can” to ensure crypto operators fall into line, but opined that many are refusing to abide by the rules governing securities. Speaking during an interview with Bloomberg TV, Gensler...

Bitcoin Gains Bullish Momentum While Ethereum Consolidates, ADA Rallies

20.7.2022
Bitcoin price remained well bid above the USD 22,000 zone and was able to spike above the USD 23,000 resistance. It is currently (04:04 UTC) trading near USD 23,400 and is up 7% in a day and 21% in a week. Similarly, most major altcoins are trading in a positive zone. ETH is now consolidating...

Andorra Taking Baby Steps Toward Crypto Adoption

19.7.2022
The microstate of Andorra is looking to make crypto and central bank digital currency (CBDC)-related moves with a legislative proposal that could eventually see the country issue its own token – and despite an initial setback, could push to adopt crypto-friendly policies in the near future.... Read...

South Korean Regulators Close the Net on Opportunistic Kimchi Premium Traders

19.7.2022
A South Korean financial regulator is set to go on the warpath in search of kimchi premium traders – and is vowing to bring suspected offenders to justice. As previously reported, the kimchi premium is a phenomenon in the crypto trading markets whereby bitcoin (BTC) and altcoins trade on domestic...

Crypto Winter Will End Before 2022 Is Out - Korbit

18.7.2022
South Korean researchers say that crypto winter will end before the financial year is over, but think that the US Federal Reserve’s attempts to bolster the United States economy could continue to influence crypto markets in the meantime.... Read More: Crypto Winter Will End Before 2022 Is...

Bitcoin Attempts Positive Breakout Above $22k; BTC’s Good Times Await!

18.7.2022
Bitcoin, the market leader, directs the entire crypto market sentiment simply out of its sheer dominance. BTC is moving with a tremendous buying-focused scenario capable of putting it beyond the grasp of immediate resistances. There has been a huge spike in the last five days, which could turn...

Bitcoin Tests USD 22K, Ethereum Inches Higher, Altcoins Rally

18.7.2022
Bitcoin price was able to start a more robust increase above the USD 21,200 level and cleared the key USD 22,000 resistance zone. BTC is currently (11:52 UTC) trimming gains near USD 22,100 and is up more than 3% in a day and 6% in a week. Similarly, most major altcoins are moving higher....

COVID-19 is the Biggest Threat to Markets in the Next Decade - FTX CEO

18.7.2022
Sam Bankman-Fried (SBF), founder and CEO of major crypto exchange FTX, argues that the world didn't learn many lessons from the COVID-19 outbreak, which is the biggest issue that could potentially threaten the markets in the next 5 to 10 years.... Read More: COVID-19 is the Biggest Threat...

Here’s Why Russia Has Issued a New ‘Crypto Payments Ban’

18.7.2022
Vladimir Putin, the president of the aggressor state of Russia, has signed a new law that will ban the use of cryptoassets and other “digital assets” in the payments space – even though crypto pay is already illegal in the country. The use of cryptocurrencies as a means of payment was prohibited...

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