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FBI Crypto Unit, Sequoia Doubles Down on Tokens, Universal Music NFTs + More News
17.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: FBI Crypto Unit, Sequoia Doubles Down on Tokens, Universal Music NFTs + More News
Correlation Between Bitcoin and Traditional Markets Might Break This Spring - Pantera
17.2.2022
The correlation between traditional macro assets and digital assets that has been seen in recent months could soon break, with what assets in the decentralized finance (DeFi) space possibly leading the way higher, executives at the crypto hedge fund Pantera Capital said in a recent call with...
Late Drama Threatens to Disrupt Russian Crypto Regulation Plans
17.2.2022
Friday is supposedly D-Day for Russian parliamentarians, who are set to unveil their much-talked-about draft crypto regulation bill – but the drama continues to rumble on, leading some to questions whether the law will indeed pass as quickly as some have hoped....
Read More: Late Drama Threatens...
Inflation Is 'Huge Danger' as the US Government 'Overdid It a Little' - Charlie Munger
17.2.2022
While Berkshire Hathaway’s Vice Chairman Charlie Munger continues to voice his usual criticism of crypto, he also warns that inflation "is a very serious subject, you could argue it is the way democracies die" and "a huge danger."
He was speaking during an interview with Yahoo Finance....
Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests
17.2.2022
The Royal Canadian Mounted Police (RCMP), the country's federal and national police service, has reportedly asked several crypto exchanges to halt transactions to over 30 crypto wallet addresses that are considered to be tied to the ongoing trucker protests....
Read More: Canada Asks Banks...
Bitcoin Mining Difficulty Hits Its 3rd All-Time High in a Row
17.2.2022
Bitcoin (BTC) mining difficulty has made another jump, hitting a new all-time high (ATH) – the third one in a row.
Further cutting into the miners' profit margins, the mining difficulty (the measure of how hard it is to compete for mining rewards) just went up 4.78%, reaching almost 27.97...
US Senators Call for El Salvador Bitcoin Adoption Probe, Bukele Responds with ‘OK Boomer’ Barb
17.2.2022
Weeks after memeing the International Monetary Fund (IMF), El Salvador’s outspoken President Nayib Bukele has upped his Twitter game by responding “OK boomers” to a group of United States senators moving to block his bitcoin (BTC) adoption plans....
Read More: US Senators Call for El Salvador...
Bitcoin and Ethereum Consolidate Below Key Hurdles, NEO and DASH Outperform
17.2.2022
Bitcoin price is consolidating below the USD 44,500 resistance zone. It is currently (04:21 UTC) showing bearish signs near USD 43,600 and is almost unchanged in a day.
Similarly, most major altcoins are stuck below key hurdles. ETH is down over 1% and it must clear the USD 3,200 resistance...
French Presidential Candidate Pushes For Tax Reform On Crypto, NFTs
16.2.2022
Crypto and blockchain are becoming an important element of the French political narrative, as indicated by recent statements by political newcomer Éric Zemmour, a popular pundit who is running in this year’s presidential election.
The far-right candidate recently tweeted his proposals on crypto...
Bitcoin Miners Get Creative as Mining Difficulty Set for New All-Time High
16.2.2022
Bitcoin (BTC) miners are increasingly turning to creative methods to become more efficient, while at the same time attempting to improve the image of the electricity-guzzling industry. The new initiatives come as the difficulty of mining new BTC is already at it its highest level ever, and...
Colorado to Accept Crypto for Taxes, Travel Rule & TRUST, Criminal Whales + More News
16.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Colorado to Accept Crypto for Taxes, Travel Rule & TRUST, Criminal Whales + More News
‘Optimism’ for South Korean Crypto Exchanges as Gopax Makes Banking Breakthrough
16.2.2022
South Korean crypto observers are predicting a “tectonic change” in the crypto exchange sector after a fifth trading platform struck a banking deal that will allow it to resume crypto-to-fiat trading.
Yonhap reported that Gopax, one of the largest of the non-“big four” exchanges (Upbit...
Global Watchdog Points at Growing Force of Crypto with Another Usual Warning
16.2.2022
The Financial Stability Board (FSB), an international body that monitors and prepares recommendations about the global financial system, is increasingly ringing the alarm about crypto. The institution’s latest report claims that cryptoasset markets are rapidly evolving and could reach a point...
Bitcoin at Ethereum Correct Gains, MANA and AVAX Rally
16.2.2022
Bitcoin price climbed above the USD 44,200 resistance zone, even spiked above USD 44,500, but it failed to continue higher. It is currently (04:05 UTC) correcting gains near USD 44,000 and might find bids near USD 43,500....
Read More: Bitcoin at Ethereum Correct Gains, MANA and AVAX Rally
China Says it Has Closed all Crypto Exchanges – But Traders, Miners May Still Be Active
16.2.2022
The Chinese central bank – the People’s Bank of China (PBoC) – says that all crypto exchanges and peer-to-peer (P2P) trading platforms have now been closed down on the Mainland. But it appears the authorities are still fighting an ongoing struggle against crypto mining, with many advocates...
Bitso Going All-in on Football Crypto Transfers, Sponsorships in LATM as World Cup Approaches
15.2.2022
The link between Latin American football and crypto is continuing to deepen this year – with a flurry of activity surrounding some of the region’s biggest football teams, star players, and its most heavily backed crypto exchanges.
Early this month, Tigres Femenil – the women’s football club...
Bitcoin ETFs Remain Popular Among Investors Despite Price Slump
15.2.2022
Exchange-traded funds (ETFs) backed by bitcoin (BTC) futures contracts traded in the US largely retained their trading volumes last week, despite a slump in the bitcoin price over the course of January.
According to exchange data, the ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin...
Russian Central Bank & Government Fail to Agree on Crypto Regulation; New Limits Proposed
15.2.2022
Senior officials from the Russian government and the Bank of Russia, the country’s crypto-skeptic central bank, did not manage to reach an understanding on the means to regulate the Russian cryptoasset market -- while the Deputy Finance Minister now proposes a buying limit for "unqualified...
Coinbase Plans to Increase its Workforce by Around 70% This Year
15.2.2022
Major US-based crypto exchange Coinbase said it plans to hire up to 2,000 employees this year, increasing its total workforce by around 70%.
The firm aims to grow its Product, Engineering, and Design teams, according to L.J Brock, Chief People Officer of the company. Coinbase says it had over...
Canadian Rapper Drake Nets USD 300,000 From His Bitcoin Bet on the Super Bowl
15.2.2022
Massively popular Canadian rapper Drake has profited USD 300,000 from his three bets cumulatively worth USD 1.26m worth of bitcoin (BTC), on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals.
The 35-year-old rapper first posted screenshots of his wager...