Tether plans major expansion into BTC mining with $500M investment: Report
Tether has ambitions to reach 1% of BTC mining computing power under new CEO Paolo Ardoino. New facilities in South America will be part of the push.
Posts published on November 16, 2023 go to media archive 2/4
FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto
Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian Williams said Thursday in a statement.
German Parliament Member Wants To Make Bitcoin Legal Tender
A member of the German Bundestag (federal parliament), Joana Cotar, has expressed her support for making Bitcoin a legal tender in Germany, in an exclusive interview with Cointelegraph. Cotar told the publication that she wants to…
Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial
Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.
Dogecoin Begins Climb: Key Price Targets Set Following Breakout From $0.08
The king of the memecoins, Dogecoin (DOGE), has been following the general sentiment in the crypto market as it breaks out from a critical level. The token experienced selling pressure on low timeframes but seems poised for further profits. As of…
Brazil's crypto regulatory environment is driving competitiveness — CEO of Coinext
Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext, spoke with Cointelegraph at the Web Summit about Brazil's cryptocurrency landscape.
Shiba Inu Price Prediction: Analyst Forecast 2X By Mid-December
Popular cryptocurrency market analyst Captain Faibik has recently shed more light on his predictions toward the price of Shiba Inu (SHIB) and revealed where the cryptocurrency ought to be by mid-December. Crypto Analyst Optimism On Shiba Inu The…
The Primary Issue: Letter From The Editors
“This letter is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to subscribe now.”First things first, the primary function of Bitcoin is to remove the State’s special privilege of debt pardoning through monetary printing. Bitcoi
Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’
Liquidity protocol Aave’s parent company has been rebranded to Avara as it looks to streamline its suite of infrastructure products to attract a broader Web3 user base.
This Week’s Crypto Snapshot: TIA and YFI Soar; GAS, TRB, MKR Struggle
Thursday, November 16, 2023, marks a steady phase in the crypto economy, maintaining a value of $1.4 trillion with a modest increase of 0.44% in the last 24 hours. Concurrently, despite the seven-day downturn experienced by both bitcoin and…
Polygon Network Metrics Explode: Is It Time For MATIC Price To Reach $2?
It’s been a relatively quiet period of price action for Polygon (MATIC) in the past few weeks. On this day last month, MATIC was trading around its October bottom of $0.5154 before the inflows into the crypto market. Although the…
Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round
Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money."
255M Pyth Tokens to Be Airdropped to 90K Wallets Next Week
The Claim Process for the Pyth Network Retrospective Airdrop will open on Monday, Nov 20 at 2 PM UTC.
Crypto for Advisors: Cryptocurrency Transparency Truths vs. Myths
Darwood Khan from Alix Partners looks at on-chain analytics, tracing tools and just how much illicit activity leverages crypto and discusses why advisors should learn about blockchain technology.
CoinShares Secures Option to Buy Valkyrie's ETF Unit
The option, which expires at the end of March, gives the company a foothold in the U.S. ETF market as speculation whirls around the approval of a spot bitcoin product.
Bitcoin Bulls Are Back! Latest Signal Confirms Bullish Trend is Brewing
Those burned by the last big Bitcoin bull run are rightfully skeptical that another one is here so soon. However, a trend strength indicator is now confirming the existence of a new bullish trend emerging. Are bulls finally back in control over…
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
BTC price dips 4% as Bitcoin analysis reveals low liquidity above $33K
Bitcoin remains prone to volatility, while further downside offers the "path of least resistance" for BTC price next, analysis warns.
UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say
The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto.
Altcoin Delight: Solana Balloons To 50%, Nearly Triples In A Month – Here’s Why
SOL, the native token of Solana, has demonstrated exceptional performance once again, surpassing all other prominent cryptocurrencies in the market. The proof-of-stake blockchain platform had a notable increase of nearly 18% in value on the day…
Trump, Tucker, and Bitcoin: A Winning Ticket for America
If you want to trigger the establishment right and left in American politics, mention these two names together and see what happens: Donald Trump & Tucker Carlson. Now run the mental model of a Trump-Tucker ticket for a 2024 presidential bid and…
Boosting blockchain adoption by keeping tech on the back end
Builders are increasingly looking to streamline their applications with more familiar interfaces to onboard new users.
AI identity platform combats ownership and deep fakes
The new AI identity platform Hollo.AI takes on key topics of transparency, ethical use and content sovereignty in the age of rampant AI-generated deep fakes.
Dubai’s crypto regulator VARA switches leadership as it ramps up operations
Outgoing head Henson Orser will remain a consultant after Matthew White takes over as the new CEO of Dubai’s Virtual Asset Regulatory Authority.
Bitcoin NVT Remains Bullish, All-Clear Signal For Rally?
On-chain data shows the Bitcoin Network Value to Transactions (NVT) ratio is above the bear zone, implying the recent price growth might have been healthy. Bitcoin NVT Ratio Has Remained Outside Red Since October According to data from the on-chain…
Crypto Market Cap To $25 Trillion: Cathie Wood Reveals The 2 Coins To Buy
Cathie Wood, CEO of Ark Invest, has reiterated her bullishness on the crypto industry. In a recent interview with CNBC’s “Squawk Box,” Cathie Wood argued that the crypto industry is poised to reach a $25 trillion valuation, given a regulatory…
Ramaswamy Shares Crypto Plan, Making Him the Only GOP Candidate Who Has One
Republican presidential candidate Vivek Ramaswamy has a message for most of the employees at the U.S. Securities and Exchange Commission (SEC) if he's elected to the White House: You're fired. And everybody still left at their desks would need to…
German parliament member ’staunch opponent’ of digital euro, all in on Bitcoin
European Union lawmakers anticipate the arrival of the digital euro, but German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin.