Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’ – Finance Bitcoin News
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles...
Bitcoin
SBF pleads not guilty, layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7
Top Stories This Week Sam Bankman-Fried enters not guilty plea for all counts in federal court Former FTX CEO Sam...
Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase – Mining Bitcoin News
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at...
Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
Bitcoin (BTC) traded nearer $17,000 on Jan. 7 after the end of the year’s first trading week delivered a spike...
Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study – Fintech Bitcoin News
As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt...
Ethereum Classic (ETC/USD) breaks above descending trendline but exercise caution
Ethereum Classic is up 18% in the week The network has witnessed an increased hash rate Ethereum Classic still faces...
Macroeconomic data points toward intensifying pain for crypto investors in 2023
Undoubtedly, 2022 was one of the worst years for Bitcoin (BTC) buyers, primarily because the asset’s price dropped by 65%....
Crypto Is Here to Stay and ‘Becoming More Legitimate’ – Regulation Bitcoin News
A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s becoming more legitimate.” The official...
Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40% – Finance Bitcoin News
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8...
Vauld Rejects Nexo’s Latest Acquisition Proposal
Vauld rejected a renewed takeover proposal by crypto finance firm Nexo, citing concerns with the company’s financial health. According to...
Ethereum’s Shanghai upgrade could supercharge liquid staking derivatives — Here’s how
The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH)...
Square Enix to Deepen Its Blockchain Efforts in 2023 – Blockchain Bitcoin News
Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now...
NFP payrolls news and its impact on Bitcoin price
Bitcoin price has been in a consolidation phase in the past few weeks. The US will publish the latest non-farm...
Grayscale Ethereum Trust Discount Sinks to 60%, GBTC Down to 45%
The Grayscale Ethereum Trust (ETHE) has fallen to a record discount of -60% as fears over liquidations mount. The discount...
BTC/USD Struggles to Hold Above $16,800 Level
The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level...
Bonk Coin Sparks Interest Back into Solana Ecosystem
The price of Solana has been skyrocketing, whereas the rest of the market is quiet. Will the new dog coin,...
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto...
How to buy Bitcoin with Apple Pay?
Cryptocurrency exchanges are introducing various ways to buy Bitcoin (BTC) using the Apple Pay payment method. This comes as a...
Crypto in 2023 — Do bulls have a chance? Watch Market Talks on Cointelegraph
On this week’s episode of Market Talks, Cointelegraph welcomes Mohit Sorout, co-founder of Bitazu Capital, a proprietary algorithmic trading and...
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius – Mining Bitcoin News
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement...
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm – Regulation Bitcoin News
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending...
LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges
A class action lawsuit has been filed against password management service LastPass following a data breach from Aug. 2022.The class...
