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Russian miners keep running, may see pivot to Bitcoin in response to sanctions
25.2.2022
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, however, Russian crypto mining appears to be operating smoothly for the time being
US Bitcoin miners expanding operations despite price volatility
25.2.2022
Some BTC miners in the U.S. expect to double their capacity through 2022 while other global operations have been selling BTC to secure cash reserves
US Secret Service Launches Crypto Awareness Hub to Educate the Public on Digital Asset Security
25.2.2022
The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains...
Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners
25.2.2022
A number of Chinese provinces have increased the rate at which crypto miners must pay for electricity – despite the fact that mining has been outlawed in the nation....
Read More: Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners
First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall
25.2.2022
Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000
Block Tops Q4 Estimates, Posts Nearly $2B in Bitcoin Transactions
24.2.2022
The payments firm formerly known as Square took note of a slowdown in business in January due to the Omicron variant, but a growth recovery thus far in February
Chainalysis Study Shows ‘Criminal Whales’ Hold $25B in Digital Assets, Entities Represent 3.7% of All Crypto Whales
24.2.2022
According to research published by Chainalysis, criminal entities hold more than $25 billion in cryptocurrencies. The blockchain intelligence firm’s study shows that there was a significant increase in crypto balances held by criminals in 2021 as the metric jumped by 266% since the year...
How to Avoid the Five Most Common Crypto Tax Mistakes I Cointelli
24.2.2022
The 2022 U.S. tax season is upon us and cryptocurrency traders need all the help they can get. Here are five common crypto tax misconceptions you should look out for, courtesy of crypto tax software provider, Cointelli. “You don’t have to pay taxes on crypto” One very common...
Market Wrap: Bitcoin Stabilizes Amid Geopolitical Uncertainty
24.2.2022
Bitcoin (BTC) is attempting to pare earlier losses after Russia's unprovoked attack on Ukraine. Altcoins underperformed, and bitcoin's market cap continued to rise, suggesting a flight to safety among crypto investors
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
24.2.2022
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.”
People Are Sending Millions in Bitcoin to Aid Ukraine's Military as Russia Advances
24.2.2022
A digital wallet raising funds to support the Ukrainian army has received over $700,000 in bitcoin
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault
24.2.2022
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military...
Bitcoin Latest Price Drop Suggests It’s Not ‘Digital Gold’ for Everyone
24.2.2022
Bitcoin was cast by some investors as a potential "store of value." Instead, as geopolitical tensions rise, the cryptocurrency's price has fallen
'Bitcoin makes no sense for blockchain developers,' says 1inch Network co-founder
24.2.2022
Anton Bukov, the co-founder of 1inch Network, explains how Ethereum can overcome its scalability issue and why it could soon become more valuable than BTC
Canadian Police Begin Unfreezing Accounts Tied to Freedom Convoy as Trudeau Revokes Emergencies Act
24.2.2022
Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy trucker protest. The Canadian police have also instructed financial institutions to unfreeze accounts previously frozen. “The situation is no longer...
Bitcoin Shows Surprising Resilience Amid Russia Aggression-Provoked Selloff
24.2.2022
Although the price of nearly all risk assets, including bitcoin (BTC) and other major cryptassets tumbled on Thursday as Russia launched a full-scale invasion of Ukraine, some are surprised as BTC performed better than expected and even recovered some of its losses.
For now, BTC appears to have...
Bitcoin Miner Core Scientific Has More Than 100% Upside: BTIG
24.2.2022
Core came public last month via a SPAC deal, but has struggled alongside declines for the crypto
Bitcoin rises above $36K as 24-hour crypto liquidations pass $500M
24.2.2022
War fears do Bitcoin and altcoins no favors, with losses coming thick and fast followed by a modest recovery
Sotheby's Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News
24.2.2022
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: Sotheby's Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
24.2.2022
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value....