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Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
18.10.2021
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter...
ProShares Bitcoin ETF to debut on NYSE on Oct. 19
18.10.2021
The first Bitcoin futures-linked ETF is finally launching in the United States after years of effort
Cardano Subsidiary Emurgo in Partnership With Pan-African Venture Studio
18.10.2021
Emurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably. Financial and Educational...
88% of Investments Flows Into Bitcoin, NY Attorney General Strikes Again + More News
18.10.2021
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: 88% of Investments Flows Into Bitcoin, NY Attorney General Strikes Again + More News
CoinFLEX AMM+ Arena: Bring Your Competitive Edge to the AMM Experience
18.10.2021
PRESS RELEASE. CoinFLEX, a crypto futures exchange, is the first centralized exchange to launch a hybrid Automated Market Maker called AMM+. CoinFLEX will be hosting an ‘AMM+ Arena’ competition where users will be rewarded based on their ranking and weekly trading volume. The past...
RBC Proposes Options Bet on Bitcoin-Linked Tesla and MicroStrategy
18.10.2021
Options traders could right now take advantage of a rare divergence in options metrics between the two bitcoin (BTC)-holding companies MicroStrategy and Tesla, a strategist at investment bank RBC Capital Markets has suggested....
Read More: RBC Proposes Options Bet on Bitcoin-Linked Tesla...
Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners
18.10.2021
Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting...
Toddler Earns 6,500% Profit as Bitcoin Crosses $62,000
18.10.2021
Bitcoin has yet again proved why it is the top cryptocurrency. Recently, the crypto surged above 62,000 dollars amid the SEC’s speculations to release a US Bitcoin ETF. Ethereum, the second-largest crypto, also reached 3,885 dollars recently. The incident delighted every crypto investor while...
Bitcoin Futures ETF to Start Testing Market on Tuesday Amid Pullback Talks
18.10.2021
The first bitcoin (BTC) futures exchange-traded fund (ETF) to be approved by regulators in the US is said to start trading this week. And although it is only backed by “paper bitcoins” in the form of futures contracts, the ETF is still expected to serve a purpose in the market. Meanwhile,...
Liquidator of Defunct South African Crypto Exchange Says He Found a 54 BTC Discrepancy in Ice3’s Accounts
18.10.2021
A court-appointed liquidator, Dewald Breytenbach of National Liquidators, recently claimed that out of the 76 bitcoins that belonged to the now-defunct South African cryptocurrency exchange, Ice3, his firm can only account for 22. Ice3’s Abrupt Shut Down The liquidator adds that the crypto...
Bitcoin and Ethereum Correct Lower, DOGE Rallies
18.10.2021
Bitcoin price made an attempt to clear the USD 62,500 resistance. However, BTC failed to extend gains above USD 62,500 and started a downside correction. It is currently (11:52 UTC) correcting lower, but the bulls might remain active above USD 60,000.
Besides, most major altcoins are also moving...
All-time high weekly close — 5 things to watch in Bitcoin this week
18.10.2021
An exciting week begins with Bitcoin back challenging all-time highs and ETFs seeing a potential U.S. launch
Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year
18.10.2021
Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since January....
Can Portal Unlock Bitcoin’s Potential to Truly Decentralized Finance?
18.10.2021
Decentralized finance (DeFi) protocols and platforms have become increasingly popular during the past few years. One of the main value propositions of DeFi is to provide seamless lending, borrowing, and digital asset staking services without requiring the assistance of third parties to finalize...
As Bitcoin’s Price Spikes Pods of BTC Whales Begin to Shrink in Size
18.10.2021
Recent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates that the leading crypto asset has been distributed quite a bit since the price run-up started. Pods of Bitcoin Whales Shrink — Addresses...
Grayscale hints at plans to convert Bitcoin trust into BTC-settled ETF
18.10.2021
Grayscale looks to be seeking to restructure its Bitcoin Trust into a physically-backed fund after the SEC approved a Bitcoin futures ETF
Popular BTM Operator: Bitcoin of America Adds Ethereum to Its Bitcoin ATMs
18.10.2021
PRESS RELEASE. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. Bitcoin of America...
‘Big Short’ Investor Michael Burry Not Shorting Bitcoin, Warns ‘Cryptocurrencies Are in a Bubble’
18.10.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has confirmed that he has not been shorting cryptocurrencies, including bitcoin, despite speculations that he may have. His confirmation came after he recently asked how to short crypto. Michael Burry Says He Is...
Bitcoin Above USD 62K, Ethereum and Altcoins Remain In Uptrend
18.10.2021
Bitcoin price started a steady increase above the USD 60,000 zone. BTC even cleared the USD 62,000 resistance to move further into a positive zone. It is currently (04:27 UTC) gaining pace and it might attempt a break above USD 62,500.
Besides, most major altcoins are showing positive signs....
Rich Dad Poor Dad’s Robert Kiyosaki Sees ‘Very Bright’ Future for Bitcoin, Plans to Buy More BTC After Next Pullback
18.10.2021
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, now says bitcoin’s future is “very bright,” after predicting a “giant stock market crash” that could also tank the crypto market. He further revealed that he is waiting for the next pullback before...