Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling. Market insight provider Glassnode explained: “Over 80% of t...
Tag: news
Allison Herren Lee Steps Down as US SEC Commissioner
Democrat Allison Herren Lee stepped down from her position as a Commissioner of the US Securities and Exchange Commission (SEC) on Friday after serving the regulator for three years. In a statement, h...
Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia
Russian President Vladimir Putin has signed a bill addressing the ban on the use of digital financial assets (DFA) for payments. The bill which was passed to the Russian Assembly also known as the St...
Ethereum 2.0: The Merge is Scheduled to go Live on Sept 19
Against the earlier projected August timeline, developers are in agreement on the much anticipated Ethereum (ETH) transition, the Merge to be inked on September 19. The date was suggested by Tim Bei...
Use of Crypto Mixers Reaches ATH in 2022: Chainalysis Report
Blockchain analysis firm, Chainalysis has released a report on the doubled use of crypto mixers this year with illicit addresses responsible for about 10% of the total usage. Based on the report, even...
‘World War III Has Begun,’ Says Gerald Celente; Plus, Long-Term BTC Predictions and Scorching US Inflation — Bitcoin.com News Week in Review – The Weekly Bitcoin News
Trend forecaster Gerald Celente told Bitcoin.com News that “World War III has begun,” weighing in on Covid-19, crypto, the Great Reset, and gold in an exclusive interview. Jordan Belfort, aka the Wolf...
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan – Regulation Bitcoin News
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implicati...
Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds – Bitcoin News
A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped...
Vietnam’s Blockchain Industry Faces Shortage of Talent – Blockchain Bitcoin News
The booming blockchain sector in Vietnam is having to deal with a serious deficit in specialists, local media revealed. Despite the large number of software engineers in the country, those with blockc...
Sri Lanka’s Central Bank Warns About Crypto Amid Severe Economic, Political Crisis – Regulation Bitcoin News
Sri Lanka’s central bank issued a warning regarding the use of cryptocurrencies amid a devastating economic and political crisis. The central bank stressed that it “has not given any license or author...
India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework – Regulation Bitcoin News
India’s finance minister has called on the G20 countries to bring crypto within the “Automatic Exchange of Information” framework. More than 100 countries have adopted the Common Reporting Standard un...
Billionaire Thomas Peterffy Plans to Buy Bitcoin Despite Concerns BTC Could ‘Become Worthless or Outlawed’ – Markets and Prices Bitcoin News
Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become wo...
Bank of England’s Cunliffe Warns Crypto Is ‘Prone to Collapse’ — Touts ‘Same Risk, Same Regulatory Outcome’ – Regulation Bitcoin News
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very vulnerable to sentiment and prone to collapse.” He urged regulators to “get on w...
Circle Publishes Inuagural USDC Reserve Treasury Report for June
Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June. Highlighting on Twitter, he affirmed the move as part o...
At least 70% of Global Finance Leaders Believe CBDCs Will Spur Financial Inclusion – Ripple Study
Central bank digital currencies (CBDCs) have triggered overwhelming consensus among global finance leaders, according to a survey by Ripple, a leader in enterprise crypto and blockchain solutions. The...
Bitcoin’s Balance on Exchanges Hits a 4-Year Low Amid Traders Becoming Overly Optimistic
As Bitcoin (BTC) continues hovering around the $20K area, the balance on exchanges is shrinking. Market analyst Ali Martinez explained: “The last time the BTC balance on exchanges was below 2.38...
Kia America Deploys NFTs in New Creative Campaign Debuting the New 2023 KIA Soul Model
Kia America, a leading automotive brand, has launched a new creative campaign featuring non-fungible tokens (NFTs) for its iconic 2023 Kia Soul model. Per the announcement: “The 30-second spot f...
CoinFlex to Allow Users to Withdraw up to 10% of their Balance
According to Bloomberg News, CoinFlex will allow users to later withdraw 10% of their balance after suspending withdrawals last month. On June 29, CoinFlex CEO Mark Lamb revealed on Twitter that crypt...
Paraguay Senate Passes Bill to Regulate Crypto Mining and Trading
The Senate of Paraguay, a South American nation, on Thursday, approved a bill to regulate cryptocurrency mining and trading in the country. The passage of the law is part of an approval made in Decem...
SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Decentralized Oracle Empiric Network Raised $7M Led by Variant
Decentralized oracle on StarkNet, an Ethereum Layer 2 network (a scaling solution) – Empiric Network has secured $7 million in funding led by Variant. Empiric Network integrates smart contracts ...
Central African Republic to Launch Sango Coin Cryptocurrency Next Week
The Central African Republic (CAR), a landlocked country in Central Africa, plans to launch its Bitcoin investment platform popularly known as “Sango Platform” on July 25. That is according to an emai...
EquitiesFirst Owes $439 Million In Debt to Celsius Network
EquitiesFirst, an Indianapolis-based specialist finance company best known for lending cash to institutions secured against their stock holdings, is identified as a debtor to the prominent crypto lend...
While the ‘Timeline Isn’t Final,’ Ethereum Could Implement The Merge on September 19 – Technology Bitcoin News
In roughly 65 days, there’s a chance Ethereum’s highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), otherwise known as The Merge, could be implemented. The information was ...
India Blockchain Week – IBW 2022! – Coinpedia – Fintech & Cryptocurreny News Media
Fasten Up Your Seat Belts! Global Cryptocurrency and Blockchain Community Is Kicking Up in India, Are You Excited? Introducing India Blockchain Week(IBW) 2022, brought to you by the organizers of Mala...
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto – Finance Bitcoin News
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for...
XMR Surges to 1-Month High, as ALGO Also Climbs on Saturday – Market Updates Bitcoin News
XMR was a notable mover in crypto markets to start the weekend, as prices rose to their highest level in over four weeks. Despite a large section of the market consolidating on Saturday, ALGO was also...
When the Market Is a Royal Pain, Go With These Dividend Kings
Inflation continues to rear its ugly head and interest rates are likely to continue rising, which makes for a broad headwind for the stock market. In times like this investors looking for safe income ...
BTC, ETH Consolidate on Saturday, Following Yesterday’s Gains – Market Updates Bitcoin News
BTC was marginally lower to start the weekend, as crypto prices consolidated following recent gains. After surges in price on Friday, both ETH and bitcoin were slightly lower, as bulls appeared to hav...