press release PRESS RELEASE. Lester Green, known to millions of fans as Beetlejuice, has been a pop-culture icon through four decades. Having initially conquered radio, television, and movies, Beetlejuice has continuously evolved and is now also a social media superstar with over 2 million Instagram followers and featured on some of today’s most popular memes. “There has never been anybody…
Major crypto exchange Binance has reportedly halted activities and marketing to Israelis following a request from one of the country’s financial regulators over licensing. According to a Thursday report from Israel-based news outlet Globes, the Capital Market, Insurance and Savings Authority requested Binance provide information on the services it was providing to Israelis as well as any licenses under which…
Bitcoin (BTC) fell further with stocks on the Wall Street open Thursday as nervous markets awaited further U.S. economic policy cues and battled geopolitical tensions. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Macro conditions stay grim for stocks, crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing the $42,000 mark for the first time in several days at the…
The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching a value of 27.97 trillion. The mining difficulty has increased six times in a row since…
An uptick in Bitcoin (BTC) supply to whales’ addresses witnessed across January appears to be stalling midway as the price continues its intraday correction toward $42,000, the latest data from CoinMetrics shows. Whales, fishes take a break from Bitcoin The sum of Bitcoin being held in addresses whose balance was at least 1,000 BTC came to be 8.10 million BTC as…
In brief The new protocol is open source and will let artists sell subsets of NFTs to fans. It is offering NFTs from select visual artists and will be available to everyone in March. NFTs have gone from curiosities to mainstream collectibles in the last year and are coming to be seen as a new way for artists to connect…
As the ETHDenver developer conference gets underway, the incubator ConsenSys Mesh told Cointelegraph that it’s planning a Friday announcement regarding a new addition to its portfolio. Joseph Lubin, Ethereum co-founder, will debut details about TreeTrunk, a nonfungible token, or NFT, platform that aims to eliminate the risk of centralized platforms failing to pay royalty payments from secondary sales correctly or…
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment. Following a high of $44,309.03 on Wednesday, BTC/USD fell below $43,000…
Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities. The proposal includes a 30% income tax on crypto returns and a 1% tax deducted at source (TDS) by crypto exchanges on transactions above 10,000 Indian rupees ($133). The announcement came during the…
In roughly six months, Circle has essentially doubled its valuation. Announced today, the latest $9 billion valuation comes after the firm announced new terms with the special-purpose acquisition corporation (SPAC) Concord Acquisition Corp. A SPAC, sometimes also called a “blank check company,” is erected with the sole purpose of raising capital via an IPO to acquire or merge with an…
