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Bitcoin mining revenue lowest in two years, hash rate on the decline
27.11.2022
The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s trading price was around $13,500
Bitcoin Price and Ethereum Trade Sideways, Huobi Token Storms 58%
27.11.2022
The leading cryptocurrency, Bitcoin, failed to break above the $16,800 level on November 27 and began to fall toward the 38.2% Fibonacci retracement level.
Similarly, the second most valuable cryptocurrency, Ethereum, has followed Bitcoin's lead and is trading bearishly above $1,200.
Major...
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies
27.11.2022
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA:...
Elon Musk Plans to Launch Alternative Phone if Apple, Google Boot Twitter off Their App Stores
27.11.2022
Tesla CEO and Twitter boss Elon Musk says he will make an alternative phone if Apple and Google boot Twitter from their app stores. Many people want him to go ahead with a phone launch even if Apple and Google do not deplatform Twitter. Elon Musk Could Launch Alternative Phone to Compete With Apple...
Robert Kiyosaki: I’m Still Bullish on Bitcoin — Crypto Cannot Be Blamed for FTX Collapse
27.11.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, is still bullish on bitcoin despite the collapse of crypto exchange FTX. He stressed that the cryptocurrency cannot be blamed for the actions of former FTX CEO Sam Bankman-Fried. Robert Kiyosaki Still Bullish on Bitcoin...
It’s time for crypto fans to stop supporting cults of personality
27.11.2022
From Sam Bankman-Fried to Bitboy, cryptocurrency fans have been too quick to support divas who gained notoriety on social media. It's a phenomenon that needs to end
After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market
27.11.2022
On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took...
Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless
27.11.2022
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized. Binance’s CEO on Crypto Regulation...
New York's mayor seeks balance with regulators after PoW mining moratorium
26.11.2022
Adams said New York is still focused on becoming a crypto hub, but statewide efforts to reduce emissions can be combined with this goal
El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’
26.11.2022
After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which...
Enter the Tora Inu presale before the token launch to become a forerunner
26.11.2022
The Tora Inu project has begun the presale of its TORA coin. The coin is currently available for presale at a reduced price; the full market launch won’t take place until 2023. This meme coin is anticipated to skyrocket next year as a result of a fresh bull run. In reality, the current...
Report: State Securities Regulators Probe Crypto Lender Genesis
26.11.2022
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have...
Forget Dogecoin and Shiba Inu with no use case, backed staking token Oryen Network is here
26.11.2022
Despite their lack of use, Shiba Inu and Dogecoin alternatives are growing daily. As the Oryen Network project shows, progress happens with utility. In the course of the current presale, the value of the ORY tokens has more than doubled. With a sharp eye for lucrative prospects, investors are...
Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year
26.11.2022
This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962...
Alameda Research withdrew $204M ahead of bankruptcy filing - Arkham Intelligence
26.11.2022
According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in US pegged stablecoins
Biggest Movers: DOGE Hits 3-Week High on Saturday
26.11.2022
Dogecoin surged to a three-week high to start the week, as the token rallied for a second consecutive session. Overall, the meme coin has now traded higher for four of the last five days. Quant was another notable gainer in today’s session, moving to an eight-day peak. Dogecoin (DOGE) Dogecoin...
How low can the Bitcoin price go?
26.11.2022
Bitcoin is a "buy the dip" opportunity with the BTC price at $16,000 or a bear market capitulation waiting to happen, depending on who you ask
Top cryptocurrencies to invest in 2023: Cronos (CRO), Near Protocol (NEAR), and Orbeon Protocol (ORBN)
26.11.2022
As the FTX saga unfolds, Crypto.com’s native token, Cronos, has remained relatively stable. Now, the CRO/USD pair is tending towards recovery. Meanwhile, NEAR Protocol was traded at a Fibonacci extension level, but it is doubtful that prices will see a noticeable bounce. Notably, Orbeon...
Dogecoin Price Prediction as DOGE Shoots Up 13% - Can it Reach $1 by 2023?
26.11.2022
Dogecoin price prediction is positive, as it has risen above $0.0870 and is now trading at $0.0910. Dogecoin, on the other hand, is struggling below the $0.0965 resistance level, which is extended by a 38.2% Fibonacci retracement level and a double top resistance level.
Let's take a closer look...
Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar
26.11.2022
The first and the last major attempt to encourage a comprehensive crypto framework was buried in the House of Commons on Nov. 23