Bitcoin Could Usher In December Near $18,000 If It Moves Past This Resistance
Bitcoin’s price increases have brought some sunshine to the cryptocurrency sector. Each of CoinGecko’s three timeframes—daily, weekly, and biweekly—showed BTC in a positive light. This is fantastic news for the cryptocurrency market as…
IntroductionSurprisingly, the first time the term “credit card” was used to describe a card for spending was back in 1887, mentioned several times in the utopian science fiction novel “Looking Backward” by Edward…
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and…
CAKE Not Looking Delectable For Investors Despite PancakeSwap’s Progress
As of late, PancakeSwap has been working with Hashflow to offer HFT payouts on its staking platform. The Tweet implies that this will make it possible for someone to utilize PancakeSwap to “farm” HFT tokens for profit. For a decision to…
Chainlink (LINK) Is About To Launch Staking – These Are The Next Target Zones
While Chainlink staking v0.1 will go live on the mainnet on December 6, the LINK price has shown a strong performance over the past week. At press time, LINK was trading at $7.58, and thus up 13.5% over the last week. Still, Chainlink has been…
Turning Garbage Into Digital Gold: The Rise Of Landfill Bitcoin Mining
Powering bitcoin mining operations with landfill waste is the latest trend in sector growth as miners capitalize on wasted and stranded energy resources.Powering bitcoin mining machines with literal garbage is an emerging trend within the mining…
MATIC attack: How smart crypto traders “got out” before a 35% price drop
Polygon (MATIC) and Green Satoshi Token (GST) provide the perfect examples of how quant analysis can help cryptocurrency investors shield themselves from volatile markets.
Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France
Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian…
Bitget Takes on World Cup 2022 with Messi to Inject Confidence in Social Trading
The leading exchange expands the team globally as Messi leads Argentina to the round of 16. World Cup 2022 in Qatar is one of the most expensive World Cups in history, with an estimated cost of $US 220 Billion invested, more than 15 times spent…
US Institutional Investors Flocking Back To Bitcoin – Is The Bottom In?
The Bitcoin price has seen a minor rally after yesterday’s speech by US Federal Reserve chairman Jerome Powell. The price rose above $17,000, driven by the statement that smaller rate hikes are likely imminent and could begin in December…
Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023
On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According…
CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse
CFTC has faced a lot of scrutiny in the wake of FTX collapse due to its ties with the crypto exchange and SBF’s efforts to put the committee as the key oversight body for crypto.
Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’
On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the crypto exchange’s downfall. SBF told the Dealbook
ApeCoin Falls Below $4 Again As Its Treasury Sells Its Own Token Holdings
ApeCoin (APE) seems to be ignoring the push that the broader crypto market is making that enabled many cryptocurrencies record significant price increases during the previous 24 hours. In fact, the digital currency that currently ranks 35th in…
National Bank of Ukraine Unveils E-hryvnia Concept
The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail…
Collapsing Crypto Yield Offerings Signal ‘Extreme Duress’
The leverage-fueled mania in crypto is over with yield arbitrage opportunities collapsing. How can companies still offer yield products above risk-free rates? The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin…
Polygon Surges 12%, Edging Bitcoin And Ethereum, In Last 24 Hours
Polygon (MATIC) posted the highest 24-hour gains today and surpassed Bitcoin and Ethereum in that department as the altcoin mounts a bounce back following the crashing effects of the FTX implosion. MATIC is nursing a 12% intraday increase The…
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it…
BlackRock CEO: FTX Token caused downfall, but tech still revolutionary
Despite taking issue with tokens created by centralized exchanges, BlackRock’s CEO sees securities tokenization as the next evolution of the financial market.
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