Bitcoin

According to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume. Exchanges Dominate Bitcoin Volumes A new study called “Blockchain Analysis of the Bitcoin Market” has found that illegal transactions, scams, and

Flori Marquez, the co-founder of cryptocurrency custodian BlockFi, says that upwards price action, new talent and regulatory clarity combine to create a bubbling FOMO atmosphere for crypto adoption in 2022. In an interview with Yahoo on Dec. 19, Marquez also shared insights regarding industry growth in 2021. While the number go-up technology of Bitcoin (BTC)

A cryptocurrency bill introduced in July to the Senate of Paraguay has been approved. The text, which defines several important concepts including virtual assets, and establishes the need for licenses to mine cryptocurrencies, will now advance to the Deputy Chamber to be discussed. Paraguay Could Approve Crypto Law by Next Year A new cryptocurrency bill

Tokyo’s biggest finserv firm, SBI Group, will now allow general Japanese investors to purchase cryptocurrencies via its newly launched ‘crypto asset fund’. The fund is composed of seven cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP, Bitcoin Cash (BCH), Chainlink (LINK) and Polkadot (DOT).  The crypto-asset fund, to be traded and operated by the

Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state, another high-ranking parliamentarian has added. Unauthorized Use of Power

Bitcoin (BTC) is back in fashion for regular investors at $48,000 as data confirms the biggest buying spree since March 2020. In a tweet on Dec. 14, statistician Willy Woo eyed a key trend that had previously been absent from the Bitcoin market for over 18 months. Retail adds BTC like it’s March 2020 After

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The official Twitter account of Indian Prime Minister Narendra Modi got compromised earlier today, which was then used to share misleading information about the mainstream adoption of Bitcoin (BTC) and redistribution of 500 BTC among the Indian citizens.  On Dec. 10, Modi said in a virtual event virtual summit hosted by US President Joe Biden

The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago. It’s the largest rise in close to forty years, and U.S. policymakers are backing away fast from saying inflation is transitory. Inflation Accelerates in the

Bitcoin (BTC) kept $50,000 as a focus on Dec. 9 as consolidation on BTC/USD continued to avoid last week’s lows. Bitcoin “appears on track” Data from Cointelegraph Markets Pro and TradingView showed the pair acting within a small range around the $50,000 mark overnight, this yet to become firm support. “A crucial area to hold is

Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic Crypto exchange Huobi Global is going to discontinue

Alameda Research, a cryptocurrency trading firm founded by crypto billionaire Sam Bankman-Fried, has led a $35 million investment in the automated crypto trading app Stacked. On Dec. 9, the startup officially announced the successful completion of a Series A funding round co-led by Alameda and Mirana Ventures, a venture partner of Bybit exchange and BitDAO.

Two days ago on December 2, the Ross Ulbricht Genesis Collection auction of non-fungible token (NFT) assets kicked off at Art Basel Miami via the Superrare platform. The Ulbricht NFT collection auction ends on December 8, and so far the auction has seen a bid of 666 ether or roughly $2.6 million. Additionally the project

Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes. 2-week predicts “crazy” ETH move Data from Cointelegraph Markets Pro and TradingView shows ETH/BTC sitting near three-year highs — but its next move should be even stronger. Ethereum against Bitcoin is one of the few bullish narratives

Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional Currencies and Stocks in Russia Alternative investments like crypto, real estate, and antiques constitute more

Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000. RSI sees “bullish engulfing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows of $55,920 on Bitstamp overnight. The pair then recovered to circle $56,500 at the time of writing, with analysts keeping

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative will become mainstream in the future, as leading companies are already taking advantage and retrofitting these cooling devices to existing mining operations. Immersion

Bitcoin (BTC) has stabilized at around $55,000 after dropping by $6,000 in a single day — but crypto market sentiment is still in shock. According to the Crypto Fear & Greed Index, as of Nov. 27, emotions are now at the most fearful since late September. Crypto sentiment dives into “extreme fear” Fear & Greed,

Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens Restrictions on Domestic Crypto Trading Uzbekistanis will be able to trade digital currencies

Bitcoin (BTC) continued its pattern of sudden price spikes on Nov. 24 as sudden momentum produced a brief trip above $57,400. Analyst: 2021 still conforms to bullish pattern Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making skittish moves within a familiar range during Wednesday. The pair reached highs of $57,875 on Bitstamp over the