BTC’s shallow correction near the $25,000 level could lead to dip buying in FIL, OKB, VET and RPL. Source: https://cointelegraph.com/news/bitcoin-s-bullish-price-action-continues-to-bolster-rallies-in-fil-okb-vet-and-rpl
Month: February 2023
Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Fried – Bitcoin News
After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million, to the now-defunct crypto exchange. Of the total $1 million, the Democratic National…
Zambia tests technology for crypto regulation
Bank of Zambia and the country’s securities regulator are “testing technology” to enable the regulation of cryptocurrencies, said Technology and Science minister Felix Mutati on the ministry’s website. The country’s move aims to “achieve an inclusive digital economy.” Speaking in the city of Lusaka, Zambia’s capital, the minister claimed that “cryptocurrency is the future that the country desires to achieve”,…
San Fransisco Fed Hiring for Digital Currency Development
The Federal Reserve Bank of San Francisco is looking for software developers to help research and design a central bank digital currency (CBDC). One job listing posted to LinkedIn is for a “Senior Application Architect – Digital Currency.” It was posted to LinkedIn less than a day ago and, after capturing attention across the crypto space, already garnered 23 applicants.…
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange – Bitcoin News
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a token called “FUD (FTX User’s…
What is a crypto launchpad, and how does it work?
In the world of cryptocurrency, joining projects early may be beneficial. For example, investors who bought Bitcoin (BTC) in 2011 are now reaping the benefits of their investment. They discovered something new, saw its potential and stuck with it. With cryptocurrency’s growing worldwide adoption comes a new fundraising platform: the crypto launchpad. Launchpads allow crypto investors to discover and invest…
This Week on Crypto Twitter: SEC Crypto Crackdown Met with Colossal Criticism
Illustration by Mitchell Preffer for Decrypt Most leading coins grew in value this week, largely offsetting the losses inflicted last week—the first red week of 2023. Meanwhile, regulators in Europe and the Americas were having heated discussions about how to reign in crypto. The U.S. Securities and Exchange Commission (SEC) last week hit Kraken with a $30 million fine and…
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000 – Bitcoin News
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting along at $1.77 per transfer.…
Bitcoin continues to ‘mirror’ 2017 as weekend sees third attack on $25K
Bitcoin (BTC) tapped $25,000 for a third time on Feb. 19 as an all-important weekly close approached. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis warns over whale moves Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $25,038 on Bitstamp. Out-of-hours trading continued to see bulls pushing for a support-resistance flip of the key level, this marking the…
Helium Network sets migration to Solana for March
Communications protocol Helium Network has defined March 27 as the date for its migration to the Solana blockchain and deployment of Oracles, seeking to improve scalability and reliability. According to a blog post on Feb. 17, a 24-hour transition period will take place on March 27, during which the current Helium blockchain will be halted. Proof-of-Coverage and data transfer activities…