More and more people are discovering Bitcoin (BTC) and other cryptocurrencies, which is good for the adoption of digital money on the blockchain. Interest in Bitcoin is also growing in Australia and companies are responding positively. For example, there are various ways to buy Bitcoin in Australia. Trading Bitcoin is more than just buying and selling. So, what is the…
Month: December 2022
‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023 – Economics Bitcoin News
Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 and $85 per unit, Goldman Sachs analysts think oil will reach $110 per barrel for Brent oil, and strategists from Morgan Stanley also believe oil will…
Bitcoin Jack’s BTC trading is based on a list of risks and components
Well-known Twitter personality Bitcoin Jack, who tweets as @BTC_JackSparrow, joined Cointelegraph’s Crypto Trading Secrets podcast for an interview, which was recorded on Dec. 19. Jack covers many topics in the episode, including how he looks at the crypto space and prioritizes timing over price levels — “when” over “where.” Jack analyzes the crypto market based on a self-made list of…
What to expect from the crypto market in 2023: Watch The Market Report
This week on The Market Report, the resident experts at Cointelegraph discuss what investors can expect from the cryptocurrency market in 2023. Will this bear market carry on, or will we see the beginning of the bull market? Also up for discussion is what projects have the potential to make a splash in 2023. We start off this week’s show…
Japan Mulls Reversing Ban on Foreign-Issued Stablecoins: Report
Japan’s Financial Services Agency (FSA) has announced a draft system and guidelines for the circulation of stablecoins whose value is tied to legal currencies such as the U.S. dollar, according to a Nikkei report on Monday. The new framework will be applied in conjunction with the revised Payment Services Act coming into force in 2023, allowing domestic distributors to handle…
BTC price dips 1% on Wall Street open as Bitcoin miners worry analysts
Bitcoin (BTC) saw a fresh hint of volatility at the Dec. 27 Wall Street open as United States equities began the final trading week of the year. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin ekes out fresh volatility Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped around 1% at the opening bell. Despite involving a…
BitKeep CEO says some users’ private keys remain at risk after exploit
According to a letter posted on Chinese blockchain news publisher Odaily.com on Dec. 27, Kevin Como, anonymous CEO of BitKeep, warned that users’ private keys are still at risk after a security incident on Dec. 26 led to over $13 million in losses at the time of publication. BitKeep is one of the more popular non-custodial, decentralized finance multi-chain wallets…
Bitcoin Miner Argo Blockchain Suspends Trading on NASDAQ
Bitcoin mining company Argo Blockchain has requested that trading of its shares and unsecured notes on the NASDAQ stock exchange be suspended until Wednesday. The embattled company, which trades on both the NASDAQ and the London Stock Exchange (LSE), said it is set to make a significant announcement before the start of Wednesday trading. Only its shares on the NASDAQ…
Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack – Mining Bitcoin News
A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of digital assets belonging to the pool and its clients worth a combined total of $3 million. Chinese Authorities Launch Investigation Into Crypto Mining Pool Hack A subsidiary of the coin…
Busting Crypto Myths: “It’s Too Late to Invest in Bitcoin”
The bitcoin market has evolved dramatically since its launch in 2009. What was once an intimately small group of tech enthusiasts has grown into a global community of investors. Some 40 million crypto wallet addresses now reportedly hold bitcoin in varying amounts; a percentage of which belong to major institutional investors that were once too wary to dip their feet…