Crypto markets are in an absolute state of euphoria after Bitcoin (BTC) caught a bid and hit a new all-time high at $67,000. Bitcoin’s surge to $67,000 also helped to spark double-digit gains for multiple altcoins as the age-old adage of a rising tide lifting all boats appears to be in full effect. Top 7 coins with the highest 24-hour price…
The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury Department explained. Treasury Says Crypto Threatens Efficacy of U.S. Sanctions The U.S. Department of the…
Watch This Episode On YouTube Listen To This Episode: In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and I got listeners up to speed on Jerome Powell’s reappointment as chairman of the Federal Reserve, the recent leaks as an attempt to sabotage that reappointment, and news on the current state of monetary policy at the European Central…
After dipping below $30,000 in June, Bitcoin (BTC) went on a nearly four-month rally, appreciating by more than 100%. On Oct. 15, it was able to recapture the $60,000 level after closing the day with a 7.56% spike. The ensuing rally was attributed to the excitement around the SEC giving the green light on the ProShares Bitcoin Futures ETF. Bitcoin…
At the time of writing, Bitcoin has surpassed the Swiss Franc (CHF) in market capitalization as the world’s thirteenth largest currency, according to data from Fiatmarketcap.com. There are only 12 world currencies left for Bitcoin to overcome. Fiatmarketcap.com takes a Bitcoin standard approach to analyze currencies. It measures the world’s biggest currencies in terms of market capitalization as priced in…
Chinese online retail giant JD.com is diving into the nonfungible tokens, or NFTs, industry by introducing a special NFT series for its annual JD Discovery conference.Using its proprietary blockchain platform, JD.com will be distributing commemorative NFT certificates to attendees of the JDD 2021 event in Beijing, the Chinese new agency Sina Finance reported Oct. 20.JD.com will specifically issue one NFT…
Changelly announces the addition of yet another token to the platform — the CELR token. From now on, users can effortlessly exchange CELR tokens at floating rates. The Celer Network (CELR) is a smartly designed layer-2 scaling solution that provides off-chain transactions handling. The Celer platform offers fast, simple, and secure off-chain transactions for both payments and smart contracts. The…
In brief The first U.S. Bitcoin futures ETF, from ProShares, launched on Tuesday. ARK Invest has made many crypto-related investments, but isnt ready to buy into the first futures ETF. ARK Invest CEO and Chief Investment Officer Cathie Wood is big on cryptocurrency, investing in Bitcoin as well as crypto-related stocks like Coinbase and the Grayscale Bitcoin Trust. But ARK…
On Wednesday, just before bitcoin surpassed the digital asset’s all-time high (ATH), the crypto analyst known as “Techdev” says the “2-week chart looks strong and ready for much higher highs.” Just 26 days ago, Techdev said that “$200-300K bitcoin looks almost too programmed” and this week, the analyst noted that we are “nowhere near a top.” Bullish Forecasters Rejoice Over…
The Australian Senate’s Select Committee on Australia as a Technology and Financial Centre (ATFC) has today presented its final report outlining its recommendations for a clear regulatory framework for the digital assets sector in Australia. The report includes a total of 12 recommendations, including the establishment of legal structures to recognize decentralized autonomous organizations (DAOs). Based on advice from crypto…
