New US bill to require firms to report off-chain transactions to CFTC
A new bill in the United States aims to require cryptocurrency service providers to report all blockchain transactions to a government repository. On Sept. 28,...
Tag : bitcoin mining
Enter the Ether: VanEck releases two ETF ads ahead of possible Monday launch
Investment manager VanEck has fired up the marketing engine for its “upcoming” Ether (ETH) futures exchange-traded fund (ETF), which some analysts expect could be launched...
China dev fined 3 yrs’ salary for VPN use, 10M e-CNY airdrop: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese worker fined $145K over VPN An unnamed individual in China...
SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise
The United States Securities and Exchange Commission has delayed its decision on several proposals for spot Bitcoin (BTC) exchange-traded funds (ETFs), including BlackRock, ahead of an anticipated...
3 reasons why Bitcoin miners are selling BTC — and why it’s not capitulation
Crypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do with their block rewards as...
Valkyrie will offer exposure to Ether futures as SEC delays spot Bitcoin ETF
Asset management firm Valkyrie will begin offering exposure to Ether (ETH) futures to United States investors through its existing Bitcoin Strategy exchange-traded fund, or ETF....
Bitcoin to $27K next? 1-week BTC price highs precede speech by Fed’s Powell
Bitcoin (BTC) hit new weekly highs after the Sept. 28 Wall Street open as markets awaited fresh cues from the United States Federal Reserve. BTC/USD...
Ethereum futures ETFs could start trading next week — Bloomberg analyst
Ether (ETH) futures exchange-traded funds (ETFs) could start trading for the first time in the United States as early as next week, according to Bloomberg...
Bitcoin miner Marathon mines invalid block in failed ‘experiment’
Bitcoin (BTC) mining firm Marathon Digital has confirmed it mined an invalid Bitcoin block during an “experiment” aimed at optimizing the firm’s operations. In a Sept. 27...
Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer
Pull your sats out of Minecraft now Back in our July edition, we announced Satlantis, an independent Minecraft server run by the game’s fans, enabled...
SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications
The United States Securities and Exchange Commission (SEC) has delayed deciding whether to approve or disapprove spot Ether (ETH) exchange-traded fund (ETF) applications from ARK...
Bitcoin price holds steady as S&P 500 plunges to 110-day low
On Sept. 20, the United States Federal Reserve delivered a message that reverberated through financial markets: Interest rates are expected to remain at their highest...
UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter
In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British...
IBM, Microsoft, others form post-quantum cryptography coalition
IBM Quantum and Microsoft have formed a coalition to tackle post-quantum cryptography alongside not-for-profit research tank MITRE, United Kingdom-based cryptography firm PQShield, Google sibling company...
Price analysis 9/27: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin (BTC) managed to stay above the $26,000 level even as the S&P 500 tumbled to a three-month low and the US dollar index (DXY)...
Blockchain detectives: Mt. Gox collapse saw birth of Chainalysis
It’s been more than a decade since 850,000 BTC went missing from Mt. Gox, yet the collapse of the former exchange remains one of the...
Ethereum OFAC compliance dips to 45% post-Merge upgrade
The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in...
Binance fully exits Russia with sale to CommEX
Cryptocurrency exchange Binance has announced its full exit from Russia by selling its firm to a newly launched crypto exchange business known as CommEX. Binance...
Will Bitcoin price hold $26K ahead of monthly $3B BTC options expiry?
The upcoming $3 billion in Bitcoin (BTC) monthly options expiration on Sept. 29 could prove pivotal for the $26,000 support level. BTC price faces serious...
Bitcoiner who tried to trade his way to Alaska shares his ‘humbling’ experience
A Bitcoin (BTC) proponent’s recent attempt to crypto trade his way from New York to Alaska has come to a sudden and bitter end —...
Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode
Despite concerns that Bitcoin Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away from higher-value Bitcoin (BTC) monetary transfers....
Crypto mining ‘Ponzi’ co-founder sentenced to 12 years in prison
The co-founder of AirBit Club — a cryptocurrency Ponzi scheme that swindled investors of over $100 million — has been sentenced to 12 years in...
Crypto lender BlockFi gets court nod for plan to repay customers
The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States Bankruptcy Court in New Jersey...
Circle launches native euro stablecoin on Stellar
Stablecoin issuer Circle has launched a Stellar-based version of its euro-backed stablecoin, EURC, according to a Sept. 26 announcement. EURC was previously only available on...
Immunefi launches on-chain bug bounties through ‘Vaults’ system
Blockchain security platform Immunefi has launched an on-chain system for bug bounties, according to a Sept. 26 announcement. The new system, called “Vaults,” allows Web3...
US gov’t messed up my $250K Bitcoin price prediction: Tim Draper, Hall of Flame
Tim Draper is a prominent venture capitalist, the founder of Draper University and the creator of the Meet The Drapers television series. He invested early...
Bitcoin price at risk? US Dollar Index confirms bullish ‘golden cross’
The Dollar Strength Index (DXY) achieved its highest level in nearly 10 months on Sept. 22, indicating growing confidence in the United States dollar compared...
Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’
The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard. The BRC-20 standard...
MetaMask ‘glitch’ caused opBNB recommended fees to be too high: Report
A “glitch” in MetaMask that caused it to overestimate opBNB gas fees has now been fixed, according to a social media post from BNB Smart...
Price analysis 9/25: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL
Bitcoin’s (BTC) weakness on Sept. 24 shows that the bears remain in control. Sellers are trying to pull the price below $26,000, but the bulls...
Bitcoin price fights for $26K as US dollar strength hits 10-month high
Bitcoin (BTC) hugged $26,000 at the Sept. 24 Wall Street open as a weekly close “nosedive” brought lasting consequences. BTC/USD 1-hour chart. Source: TradingView Bitcoin...
MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC
MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big...
Crypto sees outflows for 6th consecutive week, XRP and SOL gain investor confidence
Crypto investment products registered their sixth consecutive week of outflows for the week ending Sept. 24. According to data from CoinShares, digital asset outflows from...
Arbitrum DAO takes $56M of unclaimed ARB as airdrop deadline ends
Arbitrum, a major Layer 2 solution for the Ethereum blockchain, has officially added the unclaimed tokens from the Arbitrum airdrop to its network’s treasury. The...
US gov’t shutdown looms — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the last week of September with a retest of $26,000 as a stubborn range persists. An unimpressive weekly close sets the tone...
Vitalik wallet sends 400 ETH worth $600K to Coinbase
Blockchain sleuths have flagged several Ether (ETH) transactions from a wallet associated with Ethereum co-founder Vitalik Buterin in September 2023, totaling over $3.9 million. Separate...
North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals
North Korean hacking collective Lazarus Group holds a whopping $47 million in cryptocurrency, most of which is in Bitcoin (BTC), new data shows. According to...
From walls to wallets: Barcelona graffiti artists share their love for Bitcoin
From skate parks and construction sites to train stations and bus stops, a pair of Bitcoin-loving graffiti artists from Barcelona, Spain have been working tirelessly...
Crypto traders shift focus to 4 altcoins as Bitcoin price flatlines
Bitcoin (BTC) has been trading in a tight range for the past three days, even with the S&P 500 falling for the last four days...
How to buy Bitcoin in Dubai
Dubai is a magnificent city to live and work in. But how can someone buy Bitcoin in Dubai? Is it legal to buy Bitcoin in...
BTC price tracks $26.5K as Bitcoin speculator supply hits 12-year low
Bitcoin (BTC) stuck to $26,500 into the Sept. 24 weekly close as exchange trader accumulation continued. BTC/USD 1-hour chart. Source: TradingView Analysis: BTC price “not...
Binance.US scores against SEC, Mt. Gox delay repayments, and other news: Hodler’s Digest, Sept. 17-23
Top Stories This Week SEC sees temporary setback in request to access Binance.US software The United States Securities and Exchange Commission has failed to win...
What are Bollinger Bands, and how to use them in crypto trading?
A technical analysis tool called Bollinger Bands uses price volatility to provide probable entry and exit opportunities in trading. They are made up of two...
Coinbase holds 5% of all Bitcoin in existence: Data
Blockchain intelligence platform Arkham recently identified that crypto exchange Coinbase holds almost 1 million Bitcoin (BTC) in its wallets. The coins are worth more than...
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Bitmain rolled out its next-generation Antminer S21 and S21 Hydro ASIC miners at the World Digital Mining Summit (WDMS) in Hong Kong on Sept. 22,...
Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’
Google Cloud’s BigQuery service just added 11 blockchain networks to its data warehouse, according to a Sept. 21 blog post. The new networks include Avalanche,...
Real estate or Bitcoin: Which is more reliable?
On this week’s episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the real estate markets, highlighting stagnant mortgage demand, attributed to rising rates. With...
Price analysis 9/22: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
The Federal Reserve did not hike interest rates in its meeting on Sept. 20 but hinted that rates could remain higher for longer. At the...
Bitcoin fails to recoup post-Fed losses as $20K BTC price returns to radar
Bitcoin (BTC) circled lower after the Sept. 21 Wall Street open as $20,000 BTC price predictions resurfaced. BTC/USD 1-hour chart. Source: TradingView Bitcoin analysis: Hype,...
Bitcoin mining can help reduce up to 8% of global emissions: Report
A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy...
Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains
Argentina has grappled with hyperinflation for several decades due to failed policies that have led to budget deficits. As time marches on, the likelihood of...
Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run — Concordium founder
The next crypto bull run will look nothing like the last one, and investors should tame their expectations of an imminent rocketing of cryptocurrency prices....
Nic Carter doubles down on theory Bitcoin was invented by NSA
Bitcoin advocate Nic Carter has come out to reiterate his support for the theory that the United States National Security Agency (NSA) had something to...
China suffers worst capital flight in years, but could it pump Bitcoin?
Bitcoin (BTC) could see “substantial inflows” from China within the next few months amid a weakening Chinese yuan and one of the country’s biggest capital...
JPEX staff flee event as scandal hits, Mt. Gox woes, Diners Club crypto: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. JPEX scandal grows to over $166M Last week’s Token2049 conference in...
PancakeSwap integrates Transak for fiat onboarding on multiple chains
Decentralized exchange PancakeSwap now offers Transak as a provider in its “buy crypto” tab, giving PancakeSwap users an additional option when shopping for crypto, according...
Farmville co-creator-led company raises $33M to create Web3 games
Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan...
Chainlink hits Ethereum layer-2 Arbitrum for cross-chain DApp development
Blockchain oracle network Chainlink has tapped into Ethereum layer-2 scaling protocol Arbitrum to drive cross-chain decentralized application development. The two protocols announced the mainnet launch...
Binance wallet spends almost $1M in ETH gas fees in one day
Update Sept. 22, 2023 – 7AM UTC: This article has been updated to include Binance’s comments. A crypto wallet belonging to trading platform Binance has...
William Mapan’s Distance sells out, NFT float in Macy’s Parade, Nouns DAO forks: NFT Collector
Generative artist William Mapan’s latest collection, “Distance,” sold out in less than 24 hours despite launching in the middle of a very weak NFT market. ...
ETH developer programs AI-generated memecoin AstroPepeX using ChatGPT
An Ethereum developer has managed to get ChatGPT to launch its own ERC-20 token, AstroPepeX (APX), modeled off data from the top traded tokens on...
Friend.tech look-alike ‘Alpha’ emerges on Bitcoin network
The Bitcoin network got its own community-based social token ecosystem, after a new project emerged overnight called Alpha. Alpha is similar to the widely-known, Ethereum-based...
What volatility? Bitcoin price dismisses FOMC, Mt. Gox with $26.7K dip
Bitcoin (BTC) slipped from $27,000 on Sep. 21 as the dust settled on the latest United States macroeconomic events. BTC/USD 1-hour chart. Source: TradingView Bitcoin:...
Mt. Gox Bitcoin repayment: The day that never comes
Mt. Gox’s infamous 2014 security breach — that lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending,...
Crypto payment firm Alchemy Pay wins money transmitter license in US
Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a...
Busan is developing an Ethereum-compatible mainnet to become a ‘blockchain city’
South Korea’s second-largest city, Busan, is developing a public blockchain network compatible with mainstream blockchain platforms, such as Ethereum and Cosmos. The aim is to integrate...
Optimism to sell $160M in OP tokens to 7 purchasers via private sale
Ethereum layer-2 scaling solution Optimism has disclosed plans to sell 116 million OP tokens to seven private buyers for treasury management purposes. At current prices,...
Breaking: Mt. Gox trustee changes repayment deadline to October 2024
Mt. Gox trustee Nobuaki Kobayashi has officially changed the deadline for paying back the exchange’s creditors from Oct. 31, 2023, to Oct. 31, 2024. In...
Evmos, Swing, Tashi, Wormhole team up to solve Cosmos’ liquidity issues
A group of decentralized finance (DeFi) protocols have teamed up to solve liquidity problems in the Cosmos ecosystem. The teams involved include cross-chain bridging protocol...
Price analysis 9/20: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin’s (BTC) recovery is facing selling above $27,000, indicating near-term nervousness due to the Federal Reserve’s meeting on Sept. 20. However, long-term investors are unfazed,...
‘AI has killed the industry’: EasyTranslate boss on adapting to change
The launch of generative AI products over the past nine months has the world talking about how it will change the future. Many are frightened....
Grayscale files for new Ether futures ETF — Official
Digital currency investment company Grayscale is the latest firm to file with the Securities and Exchange Commission for a new Ether (ETH) futures exchange-traded fund...
Wormhole integrates native USDC transfers for four blockchain networks
Wormhole has integrated Circle’s Cross-Chain Transfer Protocol (CCTP), allowing USD Coin (USDC) to be transferred between Ethereum, Avalanche, Arbitrum and Optimism via Wormhole-based bridges, according...
Grayscale officially abandons post-Merge PoW Ethereum tokens
Major cryptocurrency investment firm Grayscale has finally taken a decision to abandon all the rights to the post-Merge proof-of-work (PoW) Ethereum tokens (ETHPoW). Announcing the...
Bitcoiners are stacking ’em up: Inactive BTC supply hits all-time highs
On-chain data suggests that Bitcoin (BTC) holders are accumulating BTC with exchange holdings down to yearly lows and the percentage of inactive BTC supply at...
Cross margin and isolated margin in crypto trading, explained
Cross-margin trading is a risk management tactic in cryptocurrency trading whereby traders utilize the whole balance of their accounts as collateral for their open positions....
Bitcoin analysis predicts ‘spicy’ BTC price into FOMC as $27K holds
Bitcoin (BTC) held $27,000 into Sep. 20 as the key macroeconomic date of the cryptocurrency trading week arrived. BTC/USD 1-hour chart. Source: TradingView Market “set...
Crypto makes up 70% of South Korea’s reported overseas assets: Tax agency
Cryptocurrencies like Bitcoin (BTC) accounted for the largest share of South Korea’s reported overseas assets in the latest report by the country’s tax organization. South...
Bitcoin Ordinals creator proposes to change inscription numbering system
Bitcoin Ordinals’s creator and chief coder, Casey Rodarmor, has recently proposed changing the protocol’s numbering system with the aim of simplifying the project’s codebase. Since...
Token2049 captivates Singapore, Huobi rebrands on 10th Anniversary: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Token 2049, one of the largest crypto conferences of the year,...
AI Eye: Real uses for AI in crypto, Google’s GPT-4 rival, AI edge for bad employees
AI and crypto isn’t just a buzz phrase AI Eye has been out and about at Korean Blockchain Week and Token2049 in Singapore over the...
Bitcoin Bollinger Bands hit key zone as BTC price fights for $27K
Bitcoin (BTC) could see fresh upside volatility as BTC price strength revisits key levels, a classic metric suggests. In an X (formerly Twitter) post on...
CoinEx hack: Compromised private keys led to $70M theft
Hong Kong-based cryptocurrency exchange CoinEx has revealed that compromised private keys allowed hackers to steal over $70 million of tokens as the team looks to...
Canto, Astar blockchains plan expansion to Ethereum ecosystem as layer 2s
Updated to clarify that Astar Network is expanding to Ethereum, not leaving the Polkadot ecosystem Cosmos-native layer-1 blockchain Canto has become the latest chain to...
Bitcoin investors are bullish on the US Fed’s $100B loss
The U.S. Federal Reserve made a significant announcement on Sept. 14, revealing accumulated losses of $100 billion in 2023. What’s more, this situation is expected...
Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin
Canadian fintech corporation WonderFi, a firm backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM. The...
Price analysis 9/18: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL
The failure of the bears to sink Bitcoin’s price below $25,000 support ignited buying interest last week. The positive momentum picked up further at the...
FOMC versus BTC price ‘local bottom’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the new week with optimism as traders greet the first green weekly candle in over a month. BTC price strength appears to...
Idealistic Ethereum community-built zkEVM Scroll launching in weeks
After two years of development, a group of Ethereum idealists are close to launching their zero-knowledge EVM (Ethereum Virtual Machine) — Scroll — developed with...
3 steps crypto investors can take to avoid hacks by the Lazarus Group
Cryptocurrency users frequently fall prey to online hacks, with Mark Cuban being just the latest high-profile example of how nearly a million dollars can quickly leave...
Bitcoin price holds $26K as MKR, AAVE, RUNE and RNDR flash bullish signals
After forming successive Doji candlestick patterns on the weekly chart for the past three weeks, Bitcoin (BTC) is on target to end the week on...
Bitcoin price settles at $26.5K as key Fed inflation week dawns
Bitcoin (BTC) circled $26,500 into the Sep. 17 weekly close after new September highs gave way to calmer conditions. BTC/USD 1-hour chart. Source: TradingView Bitcoin...
Paxos’ $500K Bitcoin fee, FTX tokens sales set to begin and other news: Hodler’s Digest, Sept. 10-16
Top Stories This Week Paxos confirms it’s responsible for paying a $500K Bitcoin transaction fee The Bitcoin miner who received 19.8 BTC in fees from...
What a US government shutdown would do to Bitcoin
On the latest episode of Macro Markets, analyst Marcel Pechman examines the current state of the American economy. He references a headline from Barron’s that...
3 key Ether price metrics suggest that ETH is gearing up for volatility
Ether’s price has been dealing with some strong headwinds, and on Sept. 11, the price of the altcoin endured a critical test when it plunged to...
Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs
Ethereum developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according...
BitGo, Swan unveil plans for Bitcoin-only trust company
The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sept. 15. The joint venture...