Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin could reach $1.48 million per coin. In other news, a 7zip fil...
Tag: news
If Stocks Zap Your Portfolio, Follow the Path of Least Resistance
I’m charged up about energy. I have increased my exposure here over the past couple of weeks, despite the likelihood of a recession. Several reasons exist for my outlook for the sector. For one,...
The IRS Has New Tax Rules for State Payments. What They Could Mean for You.
The Internal Revenue Service on Friday gave the green light to taxpayers in 21 states who had been waiting for the agency to clarify the taxability of certain state payments before filing their federa...
Seoul Sanctions North Korea Over Crypto Theft – Bitcoin News
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the...
Stock Market Has Worst Week of 2023. No News Is Bad News.
It’s the middle of February, and the stock market finally seems caught in the winter doldrums. There may be more gray days ahead. Even the most optimistic investors will admit that January’s blisterin...
Risks Averted, but Transparency Needed – Bitcoin News
According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks ...
Sandbox Crypto Pumping Price Prediction – Saudi Arabia News
Join Our Telegram channel to stay up to date on breaking news coverage The Saudi Arabia announced a partnership with The Sandbox. The Sandbox’s SAND token climbed 30% within hours of the agreement. Th...
Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown – Mining Bitcoin News
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s a...
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are current...
Economist Peter Schiff Warns of Financial Crisis and ‘Much More Severe Recession’ Than the Fed Recognizes – Bitcoin News
Economist and gold bug Peter Schiff has warned of a financial crisis and a much more severe recession than the Federal Reserve recognizes. “The economy is not only going to weaken, but weaken much mor...
Rich Dad Poor Dad’s Robert Kiyosaki Warns ‘Everything Will Crash’ — Plans to Buy More Bitcoin – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that “everything will crash,” including gold, silver, and bitcoin. However, he sees crashes as buying opportun...
Web2 and Web3 tools are merging as crypto-backed debit cards
As the use of crypto-backed debit cards becomes more widespread, there is an ongoing consolidation of Web2 and Web3 solutions. Bit2Me, the most important cryptocurrency exchange in Spain, made a state...
SEC Chair Gary Gensler Warns Crypto Companies
After the United States Securities and Exchange Commission revealed that it had reached a settlement with the cryptocurrency exchange Kraken, the chair of the SEC, Gary Gensler, issued a warning to cr...
Chinese Government Launching National Blockchain Innovation Center – Bitcoin News
The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to ...
News Corp. (NWS): Sales down 7.2%, Layoff 5% staff, Recuperation?
Company to lay off 5% staff or 1250 employees. The last earnings date was on February 9, 2023, and the street did not like it. News Corp., the media and information service company, was formed on Ju...
Mississippi State Senate Passes Bill to Protect Crypto Miners
The Mississippi Digital Asset Mining Act was approved by the state senate on February 8, 2019, bringing the state of Mississippi, which is located in the United States, one step closer to safeguarding...
Ethereum staking service Rocket Pool reaches $1 billion in total value
On February 9, according to information provided by DefiLlama, the Ethereum staking service Rocket Pool surpassed a total value locked (TVL) of one billion dollars. This development takes place a litt...
The SEC’s Latest Crackdown on Crypto Innovation – Op-Ed Bitcoin News
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what doe...
Kraken Agrees to Cease Staking Services for U.S. Clients
The United States Securities and Exchange Commission and the cryptocurrency exchange Kraken have come to an agreement that will result in Kraken no longer providing staking services or programs to cus...
Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry – Bitcoin News
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would wor...
Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round
The digital asset security business Coincover, which has its headquarters in London, raised a total of $30 million in funding in a round that was headed by Foundation Capital and included a follow-on ...
Bit2Me Debit Card Launch Gives Users up to 9% Cashback on All Purchases – Sponsored Bitcoin News
sponsored Bit2Me, the biggest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain has just launched a long-awaited debit card. The Bit2Me debit ...
The U.S. government’s regulatory strategy towards crypto firms
According to Nic Carter, co-founder of venture firm Castle Island and crypto intelligence firm Coin Metrics, the alleged strategy involves isolating the traditional financial system from the cryptocur...
Over 50,000 Added to the Bitcoin Blockchain in 2023 – Bitcoin News
As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, vid...
Former FTX CEO Sam Bankman-Fried Restricted from Using encrypted messaging apps
It has been reported that a federal court has ruled against oral arguments asking that a former CEO of FTX, Sam Bankman-Fried, be permitted to use some chat applications. As a condition of his release...
NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the m...
Bitfarms Settles Debt with BlockFi
Bitfarms, a company that mines for Bitcoin (BTC), has fulfilled its financial obligations to BlockFi, putting an end to the short-lived commercial agreement that it had with the now-defunct cryptocurr...
3 High-Yielding Monthly Dividend Stocks
While most dividend stocks pay out dividends on a quarterly basis, there are some that pay out dividends monthly. The nice thing about monthly dividend payments is that they come much more frequently ...
SHIB, LTC Rebound From Recent Losses on Saturday – Market Updates Bitcoin News
Shiba inu continued to move away from a recent one-week low on Saturday, as the meme coin rebounded to start the weekend. Although overall sentiment remains bearish, prices are starting the weekend re...
ETH Nears $1,500 Level to Start the Weekend – Market Updates Bitcoin News
Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.9...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons – Bitcoin News
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing date...