Following its victory in the state Senate, a piece of legislation pertaining to cryptocurrency mining rights and regulations that would prohibit discrimination against crypto miners is one step closer...
Tag: news
Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease – Bitcoin News
While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate co...
Circle CEO Criticizes SEC Stablecoin regulations
According to Jeremy Allaire, founder and CEO of Circle, the United States Securities and Exchange Commission is not the suitable institution to oversee stablecoins. The chief executive officer of Circ...
Coinbase Layer 2 Network | Blockchain News
The Ethereum community appears to have a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive confidence vote” and a “waters...
Block’s Cash App Bitcoin Revenue Falls 7%
The Cash App business section of Jack Dorsey’s payment startup, Block Inc., reported Bitcoin (BTC) revenue of $1.83 billion in the fourth quarter, which is a 7% decrease from the same period las...
Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder – Bitcoin News
On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, bel...
The Fed Rejects Custodia Bank’s Membership Application
Custodia Bank, a bank that deals in cryptocurrencies, asked the United States Federal Reserve to reconsider its membership application to the Federal Reserve System. However, the United States Federal...
Original Snow Crash Manuscript Goes Up for Auction
According to a page that can be found on the official website of Sotheby’s, the original manuscript of Neil Stephenson’s Snow Crash, the novel that is credited with coining the phrase R...
5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter – Market Updates Bitcoin News
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency...
An Aggressive S&P 500 Play: Get Long With Little Out-of-Pocket Expense
The E-mini S&P 500 tested its 200-day moving average and appears to be holding. Despite a rocky week for the stock indexes, the overall trend remains higher (daily trendlines are pointing up and t...
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency – The Weekly Bitcoin News
In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate...
Coinbase Launches Base And Other News
With Bitcoin at an interesting crossroads this week, it is imperative to look at all the contributing factors that could influence the market’s trajectory, especially the launch of a new Ethereum Laye...
Warren Buffett Muses on Berkshire Hathaway’s Future in Annual Letter
Berkshire Hathaway CEO Warren Buffett is looking to shape the company for when he’s gone. At a time when other famous conglomerates like General Electric (ticker: GE) are splitting up into multiple mo...
How the Ohio Derailment May Power a Company With Deep Roots in Train Safety
Derailments have plagued trains since their invention, sometimes driving change. This past week, Transportation Secretary Pete Buttigieg responded to the Feb. 3 Norfolk Southern derailment and toxic s...
Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners – Mining Bitcoin News
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on...
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges – Exchanges Bitcoin News
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continu...
India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy – Regulation Bitcoin News
India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on crypto assets as part of the G20 meeting of finance ministers and central ba...
New York Attorney General Letitia James Sues CoinEx
CoinEx, a cryptocurrency exchange, has been served with a lawsuit by New York’s Attorney General Letitia James, who contends that the company falsely represented itself as an exchange by failing...
Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards – Regulation Bitcoin News
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF standards” on crypto assets. The standard...
Frax Finance has voted to fully collateralizing
The community behind the decentralized financial stablecoin protocol Frax Finance has agreed to completely collateralize its native stablecoin Frax (FRAX), putting an end to the network’s previo...
Shiba Inu Token PawSwap (PAW) Spikes 154% on This News
Yuri Molchan PawSwap token has surged immensely on news of recent major listing Contents PAW price skyrockets, Gate.io promises airdrop Shytoshi rejects rumors of holding PAW Major crypto exchange Gat...
Blockchain Association Rejects Court’s Securities Ruling on Private Blockchains
Following the decision of a federal judge to allow a lawsuit against Dapper Labs’ NBA Top Shot nonfungible tokens (NFTs) to go forward, the chief legal officer of the Blockchain Association stat...
IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option – Regulation Bitcoin News
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or...
Celebrities asked to dismiss second amended complaint in class-action lawsuit
Kim Kardashian, Floyd Mayweather, and a number of other celebrities are attempting to persuade a court to reject an additional effort to hold them accountable for allegedly promoting EthereumMax (EMAX...
DZ Bank to Integrate Digital Currencies Into Asset Management Services in collaborated with Turkish technology company
Together with the digital asset company Metaco, Germany’s second-largest bank by asset size, DZ Bank, will completely incorporate digital currencies into its asset management services. This ende...
Circle Plans to Increase Workforce by 15-25%
According to a report from The Wall Street Journal, the issuer of USD Coin (USDC), Circle, intends to boost its employment by 15–25% in 2023 despite the widespread trend of layoffs throughout the sect...
Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns – Altcoins Bitcoin News
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident ...
Binance.US Could Be in Violation of Securities Law
Binance.plan US’s to buy over one billion dollars’ worth of assets that had belonged to the bankrupt cryptocurrency lending company Voyager Digital has been met with opposition from the Un...
Christoph Waltz Means Business In Killer Workplace Horror-Comedy ‘The Consultant’
Executive Producer and lead actor Christoph Waltz attends the Red Carpet Special Screening for New … [+] Prime Video Series ‘The Consultant’ at Culver Theater on February 13, 2023 in...