While being exempt from the Money Transmitter License requirement, crypto firms in Hawaii will still have to comply with any federal licensing laws. Source: https://cointelegraph.com/news/hawaii-crypto-money-transmitter-license
Month: July 2024
Was sub-$60K a bear trap? 5 things to know in Bitcoin this week
Bitcoin teases a return of the bull market as the monthly and quarterly close save BTC price action from a major trend loss. Source: https://cointelegraph.com/news/sub-60k-bear-trap-5-things-bitcoin-this-week
CertiK migrates blockchain applications to Alibaba Cloud
CertiK’s migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia. Source: https://cointelegraph.com/news/certik-migrates-blockchain-apps-alibaba-cloud
Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency’s Depreciation
Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency’s woes, will not solve the underlying problems. Proactive preparation for consequential innovations is far preferable to reactive measures. The blockchain and crypto industry is still young, and there’s time for Nigeria to establish regulatory frameworks to govern its participants. Nigeria’s Currency […] Source: https://news.bitcoin.com/designating-crypto-as-the-bogeyman-will-not-halt-the-nigerian-currencys-depreciation/
Gamestop Whale Roaring Kitty Sued for Securities Fraud
Keith Patrick Gill, also known as “Roaring Kitty,” an investor in Gamestop stock, has been sued in the Eastern District of New York for allegedly committing securities fraud. The lawsuit alleges that Gill, using social media posts on X and Reddit, orchestrated a pump-and-dump scheme by manipulating the public to purchase Gamestop (GME) and then […] Source: https://news.bitcoin.com/gamestop-whale-roaring-kitty-sued-for-securities-fraud/
Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange
Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial market of Chile. The leading spot bitcoin exchange-traded fund (ETF) instrument, which was approved this year by the U.S. Securities and Exchange Commission (SEC) will now allow Chilean investors to acquire an “accessible and efficient digital asset to include […] Source: https://news.bitcoin.com/blackrocks-bitcoin-etf-starts-trading-in-chilean-stock-exchange/
Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms
In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain with the integrity and trust that underpin several of today’s leading digital currencies. Understanding Proof-of-Work and Its Variants Proof-of-work […] Source: https://news.bitcoin.com/unveiling-the-titans-of-crypto-mining-a-deep-dive-into-5-consensus-algorithms/
Major Bitcoin Price Swings Predicted for July as Traders Eye US Economy
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin could be in for a rocky start this month as traders look to divine U.S. economic activity amid a climate of persistent inflation and a…
NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2
Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of. Source: https://cointelegraph.com/news/nft-sales-plummet-44-percent-memecoins-steal-mind-share
History suggests Bitcoin poised for rebound in July
Bitcoin tends toward strong performance in July, but Mt. Gox is weighing on hopes of a rebound. Source: https://cointelegraph.com/news/bitcoin-price-rebound-july-historical-data-suggests