In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to...
Tag: news
The full A to Z of MATIC’s performance since the Reddit news
This year so far has been marked by social networking platforms coming up with different ways to immerse various elements of NFT technology as service offerings. The latest platform to try this is Red...
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows – Emerging Markets Bitcoin News
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To count...
Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner – Interview Bitcoin News
Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, eve...
Miner Reserves Decline By 4300 BTC! What does This Mean For Bitcoin Price? – Coinpedia – Fintech & Cryptocurreny News Media
The hopes of miners of a recovery might have increased due to the increase in the price of the largest cryptocurrency by market capitalization. With BTC hovering around the $22,000 mark, the crypto ma...
Investigation on Voyager and Celsius Intensifies By The US State Regulators – Coinpedia – Fintech & Cryptocurreny News Media
Texas and Alabama securities regulators are expanding their inquiries into Voyager and Celsius. Voyager’s disclosure of the manner in which it used customer funds is currently being looked into by the...
Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says – Regulation Bitcoin News
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to ...
Fed’s Brainard Calls for Sound Regulation of Crypto Financial System to Be Established ‘Now’ – Regulation Bitcoin News
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnecte...
Bitcoin Is Cheap — Ethereum Could Be Near Bottom – Markets and Prices Bitcoin News
Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he ...
US Treasury Delivers Crypto Framework to Biden as Directed in Executive Order – Regulation Bitcoin News
The U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in Mar...
Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower – Mining Bitcoin News
Bitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (E...
Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits – Technology Bitcoin News
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13...
Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’ – Interview Bitcoin News
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding...
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company – Bitcoin News
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Te...
Bitcoin Price Analysis: Short-Term BTC Breakout Imminent In Coming Week – Coinpedia – Fintech & Cryptocurreny News Media
Over the past few weeks, the price of bitcoin has had difficulty maintaining the $20,000 support level, but in the last two days, it has managed to surpass the $22,000 level. Analysts and traders are ...
Banking Circle Adopts USDC as Currency on its Payment Rails
Banking Circle, an European Union (EU) regulated payments bank has announced that it has integrated the USD Coin (USDC) stablecoin into its payment rail. According to the startup, the integration of t...
South Korean Car Dealer Launches NFTs to Reduce Paperwork Costs
Han Sung Motor, a South Korean imported car dealer, has rolled out non-fungible tokens (NFTs) to offer customers a secure and convenient experience based on the option of checking car details using th...
Tron Founder Justin Sun Wants to Spend $5B to Save Distressed Crypto Firms
Tron blockchain founder Justin Sun is as empathetic about the current crypto firms that are distressed as he is willing to bail many out. While there has been no news of Tron bailing out any crypto fi...
Bitcoin Looks Set to Make the Highest Weekly Surge Since March
Bitcoin (BTC) has been sluggish for the past couple of weeks, but this might change because it is on course for its highest weekly gain since March. This trend change can be attributed to a risk appet...
GameStop Sacks CFO, Lays Off Multiple Employees in A Fresh Turnaround Plan
GameStop, the largest video game retailer worldwide based in Texas, US, has sacked its Chief Financial Officer, Mike Recupero, and laid off several employees across departments. The layoffs, which wer...
Russia Mulling the Idea to Build a Crypto Platform on the Moscow Stock Exchange
Russian lawmakers are mulling the idea that the government could create a cryptocurrency trading platform that will be an offshoot of the Moscow Stock Exchange. Anatoly Aksakov, the head of the State...
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners – Mining Bitcoin News
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies w...
ATOM, DOT Hover Below Key Resistance Levels on Saturday – Market Updates Bitcoin News
ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as...
BTC, ETH Consolidate on Saturday, Following Recent Gains – Market Updates Bitcoin News
Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the world’s largest token rose above $22,000 earlier in the session, whilst ETH c...
These 3 Dividend Stocks Offer Surprisingly High Yields
Investors around the world are feeling some pain. But periods of turmoil like this also generate significant opportunity to put capital to work. Valuations across most sectors have fallen, which incre...
Russia’s Finance Ministry Supports Circulation of Stablecoins in Country – Finance Bitcoin News
The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurre...
South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M – Bitcoin News
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initia...
XRP Price Analysis: This is How XRP Will Hit $0.37 in Coming Days – Coinpedia – Fintech & Cryptocurreny News Media
XRP has been increasing in price for the last two days showing a significant sign of it being bullish. The bears might take control over the price if it falls below $0.3350 and push it towards $0.3250...
Altcoin Season On Horizon? On-Chain Data Suggests A Positive Outcome For Altcoins – Coinpedia – Fintech & Cryptocurreny News Media
Though Bitcoin has regained its $20,000 range and is trading slightly above the $21,000 level, the lead cryptocurrency is still down by 75% from its all-time high. On the contrary, there are a few pos...
US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils – Bitcoin News
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial i...
Elon Musk Cancels $44 Billion Twitter Deal – Here’s What Went Wrong? – Coinpedia – Fintech & Cryptocurreny News Media
Elon Musk announced that he was withdrawing his $44 billion bid to acquire Twitter, alleging a “material violation” of the contract due to the company’s failure to disclose sufficient details regardin...