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Nalezeno "Bitcoin news": 10932

USD 100M Jury Verdict in Craig Wright Case Brings More Confusion

7.12.2021
  The man known to many of his detractors as “Faketoshi” – the Australian computer scientist Craig Wright – has been celebrating victory after he was forced to pay USD 100m in damages by a jury in Miami. His 'win' has been questioned by the wider crypto community and some legal professionals,...

Bitcoin and Ethereum Clear Key Hurdles, AVAX and MATIC Rally

7.12.2021
  Bitcoin price started a steady recovery wave above the USD 48,000 level. BTC even cleared the USD 49,500 and USD 50,000 resistance levels. It is currently (04:32 UTC) showing positive signs and it could continue to rise towards USD 52,000.... Read More: Bitcoin and Ethereum Clear Key Hurdles...

Grayscale Finds Rising Interest in Bitcoin as it Pushes for Spot BTC ETF

6.12.2021
  The US-based major cryptoasset management firm Grayscale turned to a survey to show the rising interest in bitcoin (BTC) among investors as the company is working hard to convince the US Securities and Exchange Commission (SEC) to launch the first bitcoin spot-based exchange-traded fund (ETF)...

Bitcoin Price Plunges; Crypto Market Loses $500 Billion

6.12.2021
Bitcoin price drops significantly on Saturday. More precisely, it loses 10% of its value within one hour. Overall, the world’s largest cryptocurrency is down by almost 18%. The cryptocurrency market cap dipped almost $500 billion, whereas BTC’s market cap crashed by almost $200 billion. Besides...

Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

6.12.2021
  Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations.... Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

Bitcoin and Ethereum Consolidate, BAT and ALGO Rally

6.12.2021
  On Saturday, bitcoin price started a major decline from well above USD 52,000. BTC dived over USD 10,000 before recovering losses. It is currently (04:41 UTC) consolidating losses, with a major hurdle near USD 50,000. Besides, most major altcoins traded below important supports. ETH dived below...

Chinese Crypto Mining Crackdown Turns Focus to PC Rooms and ‘Home Miners’

4.12.2021
  Having effectively eliminated its industrial crypto mining sector, China is now going after the small fry: internet café and PC gaming room operators – and even those mining on rigs and cards at home – as Beijing moves to squash the mining industry once and for all.... Read More: Chinese Crypto...

KYC Drive Causes Bithumb Disruption: Logins, Transactions Affected

3.12.2021
  The South Korean crypto trading platform Bithumb has been hit by disrupted transactions, with deposits and withdrawals requests encountering “errors” – with customers rushing to complete new know-your-customer (KYC) procedures. Bithumb users reported disruptions as the number of users trying...

Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report

3.12.2021
  As India’s authorities are advancing their work on new crypto-related legislation, a document released by the Indian government indicates that private cryptocurrencies will be regulated rather than banned, contrary to earlier suggestions. A cabinet note on the proposed cryptocurrency bill says...

Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax

3.12.2021
South Korean MPs have finally overturned the government on its proposed crypto tax plans, ending a long saga that pitted lawmakers against the large crypto-skeptic administration of President Moon Jae-in.... Read More: Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax

Bitcoin and Ethereum Remain At Risk, ADA Starts Fresh Rally

3.12.2021
Bitcoin price failed to gain pace above USD 57,500. As a result, there was a fresh decline below the USD 56,500 level and BTC is currently (04:30 UTC) trading around this level. Besides, most major altcoins are still above key supports. ETH could decline more if there is a clear break below...

Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’

2.12.2021
  Paraguay is inching closer to legalizing Bitcoin (BTC) and crypto mining – and potentially opening up its huge hydroelectric power capacity to industrial miners – with more senators lending their support to a key proposal. The bill has been in the pipelines for several months, and was...

‘Time Has Come to Embrace Crypto,’ Says South Korea Stock Exchange Chief

2.12.2021
South Korea’s securities exchange operator, the Korea Exchange (KRX), is “studying” ways to “embrace cryptoassets,” its Chairman has stated. According to Chosun and Seoul Shinmun, the KRX chief Sohn Byung-du told attendees at a financial conference that “it is time to explore how we can embrace...

Bitcoin Competing with the US Banking System

2.12.2021
The Securities and Exchange Commission (SEC) Chairman Gary Gensler stated on Wednesday, 1st December that Bitcoin is a rival to the US financial system and its global consensus. Gensler spoke at the DACOM Summit 2021, a live-streamed regulatory and marketplace integrity event on Wednesday. The...

No, Facebook Has Not Reversed Its Crypto Ad Ban

2.12.2021
Meta, the parent company of social media giants Facebook and Instagram, has recently updated its eligibility criteria for running crypto ads, adding a total of 24 more regulatory licenses to its list of accepted licenses. While the move marks progress in Facebook's long-standing policy that barred...

Post-Twitter Dorsey Moves Deeper into Bitcoin 'Spiral' as Square Goes 'Block'

2.12.2021
The Twitter founder Jack Dorsey’s payments firm Square has taken on an extra dimension – likely a crypto-themed one – as the company has changed its name to Block. In a press release, the firm announced that “as a result of the name change,” its Square Crypto unit, a “separate initiative of...

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