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Bitcoin, Ethereum and Major Altcoins Trim Gains, THETA and SLP Rally
11.2.2022
Bitcoin price climbed above the USD 45,500 resistance level. However, BTC failed to continue higher and started a fresh decline below USD 44,000. It is currently (04:17 UTC) trading near USD 43,200, with a bearish angle.
Similarly, most major altcoins also declined. ETH traded below the...
Crypto Bank Avanti Steps Closer to Fed, 2021 Total Crypto M&A Value Up 4,846%, New Hampshire Crypto Commission, Sport Deals With Tezos and Terra + More News
10.2.2022
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: Crypto Bank Avanti Steps Closer to Fed, 2021 Total Crypto M&A Value Up 4,846%, New Hampshire Crypto Commission, Sport...
Russia Plans to Allow ‘Non-Residents’ Access to Crypto Platforms, Helping Bitcoin Miners Sell BTC
10.2.2022
The Russian government appears to be preparing the ground for the legalization and regulation of the Bitcoin (BTC) and crypto mining sector – and is already planning what looks like a way for miners to sell their tokens to overseas buyers even after the nation begins policing crypto...
Binance Invests USD 200M in Forbes
10.2.2022
Major crypto exchange Binance has made a USD 200m strategic investment into the global media company Forbes.
The news was announced today by Forbes and publicly traded special purpose acquisition company Magnum Opus Acquisition Limited.
Per the announcement,...
Read More: Binance Invests...
US Inflation Hits 7.5%, More Than Expected
10.2.2022
Inflation in the world’s largest economy reached 7.5% year-over-year for January, coming in well above analysts’ expectations.
The change in consumer price index (CPI) since last month came in at 0.6%, above the 0.4% expected. Meanwhile, the so-called Core CPI, which excludes food and beverages...
NYC Mayor Supports 'Crypto But Not Crypto Mining,' While Billionaire Bashes BitLicense
10.2.2022
The US Mayor who became known in the Cryptoverse as a Bitcoin (BTC) supporter and industry ally is now opposing crypto mining, citing high energy consumption. Meanwhile, a billionaire urges the state to get rid of BitLicense "right away."...
Read More: NYC Mayor Supports 'Crypto But Not Crypto...
Senator Rages Over Bitcoin's Less Than 0.08% Carbon Footprint
10.2.2022
The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining...
Bitcoin and Ethereum Stuck in a Range Again, ETC and FLOW Jump
10.2.2022
Bitcoin price attempted a fresh rally above USD 44,500, but there was no upside continuation. It is currently (04:18 UTC) trading in a key range near USD 43,900.
Similarly, most major altcoins are also trading in a range. ETH is stuck between USD 3,050 and USD 3,250. XRP is facing a strong...
N Korea Says It Doesn’t Hack Crypto, Calls the US the World’s ‘King of Hacking & Theft’
10.2.2022
Days after the United Nations claimed that North Korea had plundered crypto exchanges last year in hacks on targets based in multiple continents, Pyongyang has hit back – accusing the United States of “covertly stealing” funds and specializing in underhand cybercrime....
Read More: N Korea Says...
5 Crypto Trading Platforms and 1 DAO are Set to Air Ads During Super Bowl
9.2.2022
The upcoming Super Bowl in the USA, the annual playoff championship game of the National Football League (NFL), will be inundated with crypto ads as at least five crypto trading platforms and one decentralized autonomous organization (DAO) have paid up to USD 7m each to reserve a 30-second...
Polish Miner Commercializes Tech Using Solar Panels To Mine Bitcoin, Heat Houses
9.2.2022
Determined to reduce the carbon footprint of his Bitcoin (BTC) mining operations and cut his electricity bill, Polish miner Paweł Wojciechowski started using photovoltaic (PV) modules to mine the crypto, allocating the excess heat to warm the water in his household. Amid surging demand for...
Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News
9.2.2022
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: Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News
El Salvador Eyes Bitcoin Bond Issuance in March, Mulls BTC Loans for SMEs
9.2.2022
El Salvador could be set to unveil its much-talked-about bitcoin (BTC) bond offerings as early as next month – and could also unveil new bitcoin loan offerings for small and medium-sized enterprises (SMEs) and micro-industries.
The latest bonds development was unveiled by a key ally...
Bitcoin’s Current Fair Price Is Around USD 38,000 - JPMorgan
9.2.2022
US investment bank JPMorgan estimates that the “fair value” of bitcoin (BTC) is around USD 38,000, basing its valuation on the crypto’s volatility in comparison with gold.
The estimate, developed by a team of strategists led by Nikolaos Panigirtzoglou, was published yesterday in a note,...
Russian Government Set to Launch Bill that Calls Bitcoin & Crypto a Currency Analogue
9.2.2022
The Russian cabinet has reportedly thrashed out an agreement with the Central Bank on the matter of cryptoassets. Widespread media reports from the likes of Kommersant, as well as CNet explained that the agreement would see a draft law rolled out by February 18....
Read More: Russian Government...
Bitcoin and Ethereum Rally Stalls, Superhot LEO Trims Gains
9.2.2022
Bitcoin price spiked above the USD 45,000 resistance zone before the bears appeared. BTC topped near USD 45,300 and started a downside correction. It is currently (04:23 UTC) trading near USD 43,500 and might test the USD 42,750 support.
Similarly, most major altcoins are also moving lower....
Hong Kong Needs to Respond to Crypto Market Changes with New Rules - Treasury Chief
9.2.2022
Hong Kong regulators and senior members of the government have spoken about their willingness of introducing new rules to police the crypto sector, with a new set of guidelines already formulated for crypto brokerages.
According to RTHK, Hong Kong’s Secretary for Financial Services and...
Is It Early or Too Late to Invest in Bitcoin: Wells Fargo Has 3 Tips for New Crypto Investors
8.2.2022
US-headquartered banking giant Wells Fargo has three tips for new cryptoasset investors, with a recent report released by the bank’s Investment Institute answering the question that many ask themselves: is it too early or too late to jump on the crypto train? The report's authors advise...
US Arrests Two Suspects in Bitfinex Bitcoin Hack, Seize USD 3.6B in Crypto
8.2.2022
Two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, presently valued at approximately USD 4.5bn, the US Department of Justice said.
According to them, thus far, law enforcement has seized...
'Powerful' Resistance Money Gets Traction as Bitcoin & Crypto Donations Soar in Ukraine Amid Conflict With Russia
8.2.2022
Hacker groups and traditional resistance movements in Ukraine are increasingly using cryptoassets as a way to fund their activities and bypass traditional financial services providers.
Donations to groups involved in the conflict with Russia have totaled several hundred thousand dollars, with...