According to a recent report, members of the Saudi government and crown prince Mohammed bin Salman have been privately mocking U.S. president Joe Biden by questioning his keenness of thought and mental acuity. The report follows Biden’s recent trip to the region in July, when the U.S. president pressed the Saudis for more oil production, but the Saudi government refused…
Bitcoin (BTC) returned to local highs at the Oct. 25 Wall Street open as nervous analysts kept an eye on miners. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY provides instant relief for BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising to offer a modest challenge to resistance, still unable to escape an established trading range. United…
Dogecoin rose to a one-week high on Tuesday, as the meme coin rebounded from recent losses. The token rose by as much as 3% earlier in today’s session, moving away from a recent point of support in the process. Monero was also higher, as bulls pushed it closer to a key resistance level. Dogecoin (DOGE) Dogecoin (DOGE) was trading higher…
The Bitcoin ATM operator RockItCoin announced the acquisition of Tao Bitcoin on Oct. 25. Tao Bitcoin is a regional ATM operator with 56 machines, mostly located in the south of the United States. According to the company, the acquisition was part of they company’s strategy to find value and synergies among smaller and regional players in the Bitcoin ATM space.…
This is an opinion editorial by Austin Mitchell, the co-founder and CEO of Synota. A Disconnected Industry Energy is the life-blood of humanity. Modern society is built on cheap, abundant energy. Current economic, political and humanitarian crises demonstrate how energy affects everything we do, how we live and how we envision the future. However, energy prices continue to increase, messages…
BitMEX has named chief financial officer Stephan Lutz interim CEO after Alexander Hoeptner left “with immediate effect.” “Together with the rest of the management team and our talented staff members, I will make sure that BitMEX continues to deliver great, innovative crypto trading products and a secure and stable trading environment for our clients,” Lutz told Decrypt in an email. The company…
Massachusetts Senator Elizabeth Warren and New York representative Alexandria Ocasio-Cortez have asked regulators to clarify their rules around ex-employees seeking jobs in the crypto industry. The letters, published by news site Punchbowl, were sent to the heads of seven agencies including the two main regulators with responsibility for crypto, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading…
While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since the last 2010 block subsidy transfer. Meanwhile, 2011 block…
Bitcoin continues trading well off its record highs as the latest bear market continues, thanks to a variety of macroeconomic shocks and strains. Bitcoin miners are especially feeling the pain of a depressed market, with hash rate climbing and hash price dropping. Against this backdrop of doom and gloom, a growing cohort of investors are pooling capital with the intent…
There’s no denying that the world is currently facing an unprecedented energy crisis, one that has compounded severely in the aftermath of the COVID-19 pandemic so much so that countries across the globe — especially across Europe and North America — are witnessing severe shortages and steep spikes in the price of oil, gas and electricity. Limited gas supplies, in…
