On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduc...
Tag: news
Paraguayan Cryptocurrency Law Shelved After Presidential Veto – Regulation Bitcoin News
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Parag...
Costco Misses Earnings and Revenue Expectations
Costco Wholesale got a sluggish start to its new fiscal year, missing earnings and revenue expectations and sending the stock lower in after-hours trading on Thursday. Investors had been wary headed i...
Kevin O’Leary Reveals FTX Paid Him $15 Million to Become a Spokesperson for the Exchange – Featured Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that the collapsed crypto exchange FTX paid him about $15 million to become its spokesperson. “I put about $9.7 million into crypto. I th...
Big Surprises In Shiba Inu Fireside Chat?: What News To Expect
Shiba Inu News: The Shiba Inu (SHIB) Metaverse team is holding a holiday fireside chat as the end of year 2022 approaches. While there could be some big surprises, the chat could predominantly be cent...
US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research – Bitcoin News
Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX ...
TKO Soars 100% On Binance News
Join Our Telegram channel to stay up to date on breaking news coverage When the right moment comes, you can make big gains within the crypto industry thanks to positive news around the underlying proj...
3 Top REITs That Are Exceptionally Cheap Right Now
REITs have been hit especially hard in the ongoing bear market. While the S&P 500 has declined 18% this year, the Real Estate Select Sector SPDR ETF (XLRE) has shed 26%. The main reason behind the...
‘Wolf of Wall Street’ Jordan Belfort Expects Bitcoin and Ethereum to Be ‘Substantially Higher’ Despite FTX Collapse – Markets and Prices Bitcoin News
Jordan Belfort, aka the Wolf of Wall Street, expects bitcoin and ethereum to be “a lot higher” than they are now. Noting that the collapsed crypto exchange FTX is a scam, he stressed that its implosio...
FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres – Bitcoin News
After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specifi...
Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform – Bitcoin News
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda a...
LTC, ATOM Extend Declines, Hitting 10-Day Lows – Market Updates Bitcoin News
Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a ...
Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments – Bitcoin News
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Ala...
Buy the rumor, sell the news? Chainlink (LINK) price drops after staking launch
Chainlink has a busy start to December when it comes to development launches. The Chainlink (LINK) staking program opened up for early access on Dec. 6 and will expand entry on Dec. 8. According to C...
BTC Nears 10-Day Low, as Bears Regain Market Sentiment – Market Updates Bitcoin News
Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment curren...
Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program – Blockchain Bitcoin News
The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this ...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day – Bitcoin News
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash...
ETH Price to Fall to $922 by December 10, Coincodex Predicts – Markets and Prices Bitcoin News
The U.S. dollar price of ether, which presently hovers around $1,200, is expected to fall to $922.66 by Dec. 10, a Coincodex prediction chart has shown. Ethereum is nonetheless projected to close the ...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill – Mining Bitcoin News
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers...
Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage – Mining Bitcoin News
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a b...
Winners, News And Notes On December 7, 2022
AEW Dynamite Diamond Battle Royale. Credit: AEW AEW Rampage advertised a Dynamite Diamond Battle Royale, Samoa Joe vs. Darby Allin, Jade Cargill and The Baddies vs. Madison Rayne, Skye Blue and Kiera ...
JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation – Featured Bitcoin News
JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe f...
Bitcoin․com Completes VERSE $50M Token Sale, Launches Token on Verse DEX – Press release Bitcoin News
press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, announced completion of the pre-sal...
Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’ – Markets and Prices Bitcoin News
The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trad...
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa – Fintech Bitcoin News
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently ...
Telegram Introduces No-SIM Sign-ups With Blockchain-Powered Numbers – Bitcoin News
Popular messenger Telegram now allows users to open accounts without the need to provide their mobile phone numbers. With the app’s latest update, they can log in using blockchain-based numbers instea...
FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal – Bitcoin News
According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pus...
DeSci the Future of Crypto after the FTX Fiasco? – Sponsored Bitcoin News
sponsored It’s no surprise that the news about FTX has dominated the headlines over recent weeks. Since the debacle was made public, several other dominoes have started to fall including the announcem...
Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years – Bitcoin News
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during ...
DOGE, LINK Fall to 10-Day Lows on Wednesday – Market Updates Bitcoin News
Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s sessi...