Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now? After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%. Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and punishing shorters to the tune…
The anticipation of the next Bitcoin (BTC) halving will be the main catalyst that sparks a new crypto rally as soon as the second quarter of 2023, according to hedge fund manager Mark Yusko. The halving mechanism, which reduces Bitcoin’s block rewards by half every four years, has historically been a major catalyst for crypto rallies. The next halving is…
This is an opinion editorial by Kevin Murcko, CEO and founder of Coinmetro. On October 12, 2022, I was honored to speak at Bitcoin Amsterdam’s panel session titled “FATF And The Threat To Bitcoin Privacy.” With my fellow speakers, we dove into the evolving role of the Financial Action Task Force (FATF), and its relationship to Bitcoin. It’s so important…
The White House has clarified that the Biden Administration is not discussing subjecting Elon Musk’s ventures to national security reviews. The Tesla CEO is reportedly preparing to close the $44 billion Twitter buyout deal by Friday to avoid a court trial. No National Security Reviews on Elon Musk’s Ventures The White House has reportedly clarified that reports of national security…
This “Crypto City” guide looks at the San Francisco Bay Area’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. You really might leave your heart in San Francisco with all the projects in the Bay Area. Fast facts City: San Francisco Country: United States Population:…
This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.” Fundamentals are fundamentals. They are pure, simple, straightforward and true. Complexity, on the other hand, is often the enemy of truth, and also of beauty and of progress. We live in a world…
The Brønnøysund Register Center, a Norwegian governmental agency, partnered with the Big Four accounting firm Ernst & Young (EY) to step into the metaverse with a new virtual office location. The center is responsible for managing numerous public registers for Norway, along with systems for the government’s digital exchange of information. According to the announcement, the agency is choosing to…
Major cryptocurrency firm BitPay is expanding the scope of supported blockchain networks, preparing to debut payments in ERC-20 tokens on the Polygon network. BitPay and Polygon jointly announced on Oct. 26 the integration of Polygon on the BitPay app, allowing customers to spend Polygon-bridged ERC-20 tokens. The BitPay app is specifically preparing to support payments in tokens like Polygon-based USD…
The Bitcoin mining industry continues to face a challenging year as the price of Bitcoin (BTC) hovers below $20,000, coupled with rising energy costs in North America and Europe. Regulators have also recently started clamping down on crypto mining, as a recent report from the Bitcoin Mining Council (BMC) found that Bitcoin has seen a 41% increase in energy consumption…
Ethereum’s native token Ether (ETH) recorded better gains than Bitcoin (BTC) over the past 24 hours despite the latter finally rising above the key $20,000 level. Ethereum beats Bitcoin in risk-on rally On the daily chart, Ether jumped approximately 14% to reach its weekly high of $1,554 (data from Binance) on Oct. 26. Bitcoin underwent a similar rally but its…
