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Wells Fargo's Top Analyst Predicts End of Stocks Bear Market – What Does This Mean for Cryptos?
14.2.2023
A top analyst at the major US bank Wells Fargo has predicted that the bear market in stocks is over for now – a prediction that could also be good news for crypto.
According to Chris Harvey, a highly respected equity strategist at Wells Fargo, the latest pullback seen in the yield...
Paxos and Binance end their partnership for BUSD, halting its minting
14.2.2023
Paxos has published a media statement to announce that it will soon halt the minting of BUSD. The development comes after the blockchain and tokenization infrastructure platform announced that it would end its relationship with Binance for the issuance of BUSD. This goes into effect on February...
Steam's biggest Next Fest demos? We rank 'em!
13.2.2023
Also: detail on Switch's end of life conundrums, and more
Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
10.2.2023
BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin
PayPal held $604M in Bitcoin and other crypto by the end of 2022
10.2.2023
Bitcoin and Ether have the largest share in PayPal’s crypto assets, accounting for $291 million and $250 million in the asset breakdown, respectively
PayPal Held $604M of Customers' Crypto as of Year-End 2022
10.2.2023
The payments company held $291 million of bitcoin and $250 million of ether, with the rest comprising litecoin and bitcoin cash
Coinkite Launches ‘Higher-End’ Coldcard Bitcoin Wallet With QR Code Scanner
10.2.2023
The bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1, which features a QWERTY keyboard and QR code scanner. Coinkite details that the battery-powered device utilizes the same security model as the Coldcard Mk4. Coinkite Introduces the Coldcard...
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
8.2.2023
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number...
End of bull run? The Graph awaits correction after a 200% GRT price rally
8.2.2023
GRT has turned technically overbought, but its long-term potential remains skewed to the upside, thanks to healthy network fundamentals
FTX seeks to claw back political donations by the end of February
5.2.2023
FTX's new management is sending messages to politicians and political groups to return donations by the end of the month
Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March
2.2.2023
The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism...
60 Organizations Launch Campaign Urging US Congress to Protect Privacy
1.2.2023
On Wednesday, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight for the Future, Electric Coin Co., and the...
Bankrupt Crypto Exchange FTX had Around $1.4B Cash at 2022-End
1.2.2023
The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy
Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million
1.2.2023
Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment...
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals
31.1.2023
Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Following the bitcoin price prediction report, Finder released another survey focused on ethereum...
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
31.1.2023
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan...
Crypto Custodian Prime Trust to Cease Operations in Texas at End of January
27.1.2023
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly."
Tech’s Money Woes: Beginning of the End for Web2?
27.1.2023
Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised "Big Tech" over the past year. But that doesn't automatically portend the end of Web2. For Web3 to emerge, we have to address key questions about AI and decentralization
Crypto Thaw May Be Premature but Advisors Should Prepare for Winter’s End
26.1.2023
When crypto winter ends and investment activity blossoms once again in the digital assets space, financial advisors should be prepared to hear a new litany of questions from clients about the risks and opportunities in cryptocurrencies
ChatGPT learns Bitcoin will end central banking and fiat currency
26.1.2023
A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise of fiat currency