Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury ...
Tag: news
Riot Blockchain’s Texas Mining Operations Disrupted by Winter Storms
The cryptocurrency mining company Riot Platforms, previously known as Riot Blockchain, has announced that 17,040 rigs that were installed at its facilities in Texas have been rendered inoperable as a ...
Investment Manager Predicts Gold Could Hit $3,000 This Year – Markets and Prices Bitcoin News
Investment management and advisory firm Goehring & Rozencwajg expects gold to hit record highs this year. “I wouldn’t be surprised to see a $3,000 price this year,” said an executive of the firm. ...
Revolut Introduces Crypto Staking to UK and EEA
Customers in the United Kingdom and the European Economic Area (EEA) may now participate in crypto staking thanks to the neo-banking platform Revolut, which is headquartered in the United Kingdom and ...
Reddit User Discovers 7zip File Possibly Linked to Julian Assange Hidden in Bitcoin Blockchain – Bitcoin News
According to a post on the Reddit community r/bitcoin, an old file was discovered that may be linked to Julian Assange, the whistleblower and founder of Wikileaks. The encrypted 7zip file is in the ou...
FTX CEO Describes ‘Pure Hell’ Leading Up to Exchange’s bankruptcy case
John Ray, who recently took over as chief executive officer of the cryptocurrency exchange FTX after the business declared bankruptcy, has revealed some of the chaotic incidents that have occurred at ...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal – Bitcoin News
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and ...
Tether (USDT): ultime news sulla stablecoin
Tether (USDT), the asset-backed cryptocurrency stablecoin, is among the three crypto companies that have pledged 5 million TRY to help Turkey after the earthquake. Joining it, Bitfinex, Keet and Synon...
Investors Interested in Digital Assets Despite Volatile Market
The European cryptocurrency investment company CoinShares released its “Digital Asset Fund Flows Report” on February 6. The report revealed that investors are demonstrating a strong intere...
Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns – Bitcoin News
Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millio...
Total value locked in Ethereum-based Decentralized exchange
The Uniswap community cast their votes in support of implementing Uniswap v3 on Boba Network’s layer-2 protocol on Ethereum, and the majority of those votes were positive. The proposal to implem...
GRT Hits Highest Point in 9 Months, LTC Snaps Losing Streak – Market Updates Bitcoin News
The graph token surged by over 35% so far on Tuesday, as markets continued to be buoyed by the growth of its ecosystem. Since allowing integrations to new blockchains, prices of the indexing protocol’...
HKSFC to Hire 4 More Staff to Supervise Crypto
When it comes to monitoring the operations of the cryptocurrency business, the authorities in charge of regulation in Hong Kong are ramping up their game. According to a report that was submitted by t...
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market – Defi Bitcoin News
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido hol...
BTC Rebounds, as Bulls Reject Breakout of Key Support Level – Market Updates Bitcoin News
Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500 and instead pushed prices high...
Korean Regulator Approves Issuance and Distribution of Security Tokens – Regulation Bitcoin News
South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’...
Safe and Simple Crypto Trading With the First no Fund Holding CEX – Press release Bitcoin News
press release PRESS RELEASE. As the popularity of cryptocurrency continues to rise, more and more individuals are entering the market. However, a common issue faced by many newcomers is the lack of ed...
Makerdao Co-Founder Proposes $14 Million Fund to Combat Climate Change; Crypto Supporters Mock Idea – Bitcoin News
Cryptocurrency advocates have been discussing a proposal by the founder of Makerdao, Rune Christensen, to fund a Scientific Sustainability Fund. An idea that aims to combat climate change and misinfor...
Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising – Economics Bitcoin News
The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little m...
StarkWare partners with Chainlink | Blockchain News
An impending agreement between the blockchain scaling technology firm StarkWare and Chainlink Labs will result in the addition of Oracle services, data feeds, and price feeds to the StarkNet ecosystem...
Hodlnaut Seeks to Sell Business
According to recent reports, the struggling bitcoin lending company Hodlnaut is collaborating with a number of prospective buyers in an effort to sell its business as well as its other assets. Accordi...
The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer – Economics Bitcoin News
The host of Mad Money, Jim Cramer, says the market has already decided that the Federal Reserve “will tighten and create a recession no matter what.” Cramer also recently said that we are in a bull ma...
The Bitcoin price surge has led to a market FOMO among small BTC addresses
Fear of missing out (FOMO) was prevalent in the market during the second week of January as a result of the rise in price of Bitcoin (BTC) over $20,000, particularly among holders of a modest amount o...
South Korea Establishes Guidance for Regulating Digital Assets as Securities
South Korea has issued guidelines that specify the categories of digital assets that will be treated as securities in the nation and subject to the country’s securities regulations. The Financia...
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million – Markets and Prices Bitcoin News
Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case w...
Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations
Because the tax season is just around the horizon for many nations, businesses in the cryptocurrency sector will need to be ready to assist their customers in complying with the requirements that are ...
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the cry...
Binance-native blockchain BNB Chain continued to show steady activity growth
According to new study, the native Binance blockchain known as BNB Chain continues to demonstrate consistent rise in activity during the fourth quarter of 2018, despite the larger bear market in the c...
Former Bitcoin Dev Gavin Andresen Revises 2016 Blog Post, Calls Trust in Craig Wright a ‘Mistake’ – Bitcoin News
During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency ...
CBDC Activity Subsidizes Consumption During Lunar New Year
Over the course of the Lunar New Year holiday, the Chinese central bank distributed an amount of its digital currency (CBDC) worth millions of dollars around the nation in an effort to encourage more ...