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Bitcoin transaction fees briefly doubled yet remain exceptionally low
9.3.2022
The cost of sending Bitcoin from one address to another has stayed exceptionally low since July 2021 despite spiking in price last week
Ukraine Deputy Minister Praises Crypto Efficiency; Donations Spent on Military Necessities
9.3.2022
Ukraine's deputy minister of digital transformation Alex Bornyakov has noted crypto's efficiency, stating that blockchain clearing and settlements are conducted in near real-time, which enabled the country to deliver a "very quick" response.
Bornyakov detailed that by leveraging crypto's...
Bitcoin returns to $42K as markets await potential 7.9% CPI inflation data
9.3.2022
The run-up to the latest snapshot of just how bad U.S. inflation is sees Bitcoin break through range low resistance
Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas
9.3.2022
On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive...
US Treasury Issued Then Deleted Announcement Saying New Crypto Regulatory Measures Are Incoming
9.3.2022
Washington said in a now-deleted announcement that it was set to change the way it regulates cryptoassets – following speculation and leaks claiming that intensified policies are on their way. Observers have responded by warning that short-term volatility may ensue in the crypto markets, with...
$95M of Shorts Liquidated as Bitcoin, Ether Rise 8%
9.3.2022
Short trades accounted for an overwhelming majority of all liquidation losses in the past 12 hours
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide
9.3.2022
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, trafficking of people, money laundering, and many other things.” Pakistani...
AdaLend: The World’s Leading Cardano-Based Lending Protocol
9.3.2022
BSCPad and ADAPad Public Sale On March 14th. Cryptocurrencies and DeFi are experiencing a period of blistering growth: The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains. Over $2.5 trillion in cryptocurrencies was traded in January 2022...
Bitcoin Tops $41K as Yellen's Leaked Comments Signals Friendlier Stance in Biden's Crypto Order
9.3.2022
Prospects of constructive regulation seems to have injected optimism in the market
Griffin Gaming Partners Launches $750 Million Gaming and Web3 Fund
9.3.2022
Griffin Gaming Partners, a venture capital firm specializing in gaming-related investments, has revealed the launch of its second gaming-related fund. The fund, which was reportedly oversubscribed, managed to raise $750 million to support gaming initiatives, including Web3-based and blockchain...
Bitcoin Jumps Above USD 41K, Ethereum Accelerates, LUNA and Monero Rally
9.3.2022
Bitcoin price started a steady recovery wave above the USD 38,800 resistance, rallied above USD 41,000, and is currently (04:18 UTC) trading above USD 41,500. BTC jumped more than 7% in a day and trimmed its weekly losses to less than 7%.
Similarly, most major altcoins are attempting an upside...
Goldman Sachs’ Blankfein Asks Why Crypto Isn’t Having a Moment Despite Inflating US Dollar, Freeze Orders
9.3.2022
A Goldman Sachs senior chairman has asked why crypto is not having a moment despite “the inflating U.S. dollar” and governments demonstrating that they can and will freeze accounts under certain circumstances. “Not seeing it in the price, so far,” he said. Goldman...
Crypto Vote Could Be Key as South Korea Chooses its Next President
9.3.2022
South Korea goes to the polls on March 9 to elect its next President – and crypto is likely to play a major role in determining the outcome.
After a tense and bitter campaigning period, the former prosecutor-general Yoon Suk-yeol, of the main opposition People’s Power Party is hoping...
US Lawmakers Introduce Bill to Sanction Russia’s Gold
9.3.2022
Four U.S. senators are introducing a bill to place sanctions on Russia’s gold. “This legislation would deter the purchase of Russian gold and close this loophole that allows the Russian Federation to soften the financial impact of sanctions,” the senators explained. “By...
El Salvador's Bukele Says 52 Bitcoin Reforms Are ‘In the Oven', Critics Hit Out at Lack of Adoption Benefits
9.3.2022
On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come.
The reforms are likely to center on ways the state can issue bitcoin bonds – which...
First Mover Asia: Singapore's Strict Approach to Crypto; Bitcoin Rises Despite Investors' Jitters About War, US Executive Order
9.3.2022
Singapore's high standards may be discouraging some crypto companies from establishing operations in the nation state; investors were wrestling with the latest developments in Ukraine and await the order by President Joe Biden on Wednesday
FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency
9.3.2022
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it has not seen “widespread evasion” of its sanctions using cryptocurrency. FinCEN Warns...
Proč už Steam nepřijímá bitcoiny? Polovina transakcí byla podvod
9.3.2022
Gabe Newell, šéf studia Valve, které provozuje největší digitální obchod s hrami Steam, vysvětlil, proč již před čtyřmi roky přestali akceptovat platby v kryptoměnách a nehodlají na tom nic měnit ani do budoucna
Bitcoin’s sub-$40K range trading and mixed data reflect traders’ uncertainty
8.3.2022
The market gave up last week’s gains from Bitcoin’s surge to $45,000, but derivatives metrics suggest retail traders are more bullish than market makers and whales
Cointelli Makes It Easy to Report Coinbase, Binance, and Kraken Transactions to the IRS
8.3.2022
Many crypto exchanges send tax forms to the IRS, each with their own list of supported tokens and info that doesn’t necessarily match up. This can create a lot of confusion for U.S. taxpayers. Luckily, Cointelli can swiftly and reliably create a unified tax report with the push of a button....