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Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence
28.1.2022
The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, money laundering, computer fraud, tampering with records, documents, and other objects, and destruction of records in...
Bitcoin to Hit USD 93K This Year, According to Less Optimistic Survey
28.1.2022
Bitcoin (BTC) could rise to a high of USD 93,000 or more this year, and close to USD 193,000 by the end of 2025, a panel of industry players gathered by comparison website Finder predicted. However, they were less optimistic than in October.
By averaging out responses from the panelists, Finder...
Clampdown on crypto ads: A one-off or a new phase of global regulation?
28.1.2022
Intensified scrutiny of digital asset ads is a growing trend, but it's not clear if it is inextricable from crypto regulation’s evolution
CoinFLEX’s New AMM+ and the Rise of Crypto Yield 2.0
28.1.2022
CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors. AMM+: Leveling up the AMM model on a CeFi platform AMM+...
Bitcoin Mining CO2 Footprint Is Below 0.08% Of Global Total - CoinShares
28.1.2022
The Bitcoin (BTC) mining network contributed less than 0.08% to the world’s total carbon dioxide (CO2) emissions, according to digital asset investing firm CoinShares. Data obtained by the company suggests that BTC mining is responsible for a marginal share of the global CO2 emissions,...
Ministries Queried About Missing 200,000 Bitcoins as Bulgaria Explores Crypto Payments
28.1.2022
The recently elected government of Bulgaria has found itself in the position of answering questions about the fate of billions of dollars’ worth of cryptocurrency reportedly confiscated by the country’s law enforcement five years ago. Meanwhile, the new finance minister has revealed...
Pandemic Has Accelerated Crypto Market’s Transformation Into Commodity Market - Research
28.1.2022
The cryptocurrency market is beginning to consolidate and is increasingly similar to a commodity market, with an increased correlation between cryptos coinciding with the early stages of the COVID-19 pandemic, according to researchers from the Institute of Nuclear Physics of the Polish Academy...
Bitcoin and Ethereum Face Strong Resistance, LUNA, ATOM Dive
28.1.2022
Bitcoin price climbed above the USD 37,000 level but there was no upside continuation. BTC trimmed gains and traded below USD 36,500. It is currently (11:56 UTC) consolidating near this level.
Similarly, most major altcoins are consolidating below resistance. ETH failed to surpass the USD 2,500...
Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network
28.1.2022
Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted. Binance Resuming SEPA Transfers in Phases Cryptocurrency...
Bitcoin dodges 'sub-$30K liquidity grab' — levels to watch now
28.1.2022
Bitcoin derivatives markets are finally seeing a long-awaited sustainable reset, increasing the prospects of a "relief bounce" to come, a new market report says
BTC Dips as Federal Reserve Prepares for Interest Rate Surge
28.1.2022
Bitcoin recently dipped in market value as the Federal Reserve confirmed what everyone has been speculating for over a month. The central bank recently announced that it would increase the US interest rates from March. Similar to other financial tools, the largest crypto in the market suffered from...
Bitcoin 'Doji' points to bullish reversal scenario as BTC holds $36K support
28.1.2022
BTC is more than 50% down from its $69,000 all-time high and traders seem to have no clue about the digital asset’s next direction
‘Broader Range’ of Institutions Seeking Crypto Exposure Beyond Just Bitcoin - Coinbase
28.1.2022
There was “a broader range” of investors that wanted exposure to crypto last year, with many of them seeking access to new products such as bitcoin (BTC)-backed exchange-traded funds (ETFs), decentralized finance (DeFi), and non-fungible tokens (NFTs), a new report from Coinbase...
Crypto hodlers may not get richer from mainstream adoption — Goldman Sachs
28.1.2022
More demand could just mean bigger correlations to traditional markets, the bank's researchers say
Belgian MP becomes first European politician to accept salary in Bitcoin
28.1.2022
The Belgian MP will convert his monthly salary of EUR 5,500 to Bitcoin using the country’s popular cryptocurrency trading platform Bit4You
Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens
28.1.2022
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall of supply worldwide has disrupted major industries, and manufacturers like...
'Bull or bear market?' Bitcoin losses from panic selling mount in 2022
28.1.2022
Curious behavior sees investors selling coins for less than they purchased them for, with Bitcoin still notionally in a bullish uptrend
Goldman Sachs Claims Adoption Won’t Boost Crypto Prices, Talks Down Stablecoin Plans
28.1.2022
Goldman Sachs has warned crypto buyers that increased token adoption will no longer drive up prices, and that macroeconomic factors are now exerting a greater influence on the markets. And the firm appears to have tempered its interest in launching a stablecoin.
The crypto price warning came...
Bitcoin analysts fear new BTC price dip as funding rates drop post Fed
28.1.2022
Concerns over possible U.S. regulation add to nerves as market sentiment calls for losses, not gains, to form the next moves of Bitcoin
UAE Based Money Transfer Firm Announces Partnership With Ripplenet
28.1.2022
Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders. Al Fardan’s Reasons for Joining Ripple A United Arab Emirates (UAE)-based money transfer platform, Al Fardan...