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Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3

This week, United States lawmakers and regulators have stolen much of the spotlight once more. The cryptocurrency-related provisions of the infrastructure bill, a tiny grain of sand in the grand scheme of the omnibus legislation, had all laser eyes glued to the fateful House of Representatives vote — which never happened. There is a sense, however, that the bill will…

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Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction – Economics Bitcoin News

While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and the country’s 10-year Treasury yields slid in value this past week. An ounce of fine gold exchanged hands this weekend for $1,760 per unit, up 1.32% since September 29. Gold…

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$200K BTC price ‘programmed’ as Bitcoin heads toward 2nd RSI peak

Bitcoin (BTC) is headed to what is arguably a mathematically “programmed” all-time high of $200,000 or more, the latest data hints.In a series of tweets on Oct. 4, popular Twitter commentator TechDev highlighted familiar bullish behavior in Bitcoin’s relative strength index (RSI).2021 Bitcoin RSI simply follows the patternWhile still lingering below targets such as those of stock-to-flow, BTC/USD is not…

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Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally

AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks paring a portion of its recent gains as a key technical indicator, dubbed the relative strength index (RSI), flashes its…

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China Crypto Ban Sheds Light on Over 15 Countries That Restrict or Ban Cryptocurrency – Press release Bitcoin News

press release PRESS RELEASE. October 2021, leading Crypto service comparison site – Cryptowisser, take an in-depth look at the recent crypto ban in China as well as several other countries who legally restrict crypto currency in some way and why. As the Cryptowisser report states, there are over 15 countries where Crypto currency is restricted or outright banned, however some…

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Bitcoin got stronger despite government crackdowns, says Edward Snowden

Edward Snowden has touted the antifragility of Bitcoin (BTC) despite increasing regulatory scrutiny on cryptocurrencies around the world.Tweeting on Sunday, the former United States Central Intelligence Agency agent stated that Bitcoin has gotten stronger on the back of government bans and anti-crypto policies.Snowden’s tweet referenced remarks made back on March 13, 2020, amid the throes of the Black Thursday decline…

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Korean crypto exchange Upbit to halt withdrawals for unverified users

South Korean cryptocurrency exchange Upbit will soon halt services for unverified users.On Oct. 2 the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money Laundering (AML) requirements.According to the announcement, Upbit will start gradually limiting services for unverified users this week, restricting unverified customers from transacting more than 1 million Korean…

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Colin McRae’s long-lost rally car reportedly sold for Bitcoin at auction

Bitcoin (BTC) adoption is growing in the auction world, where privacy is a key concern. An anonymous buyer purchased a legendary rally car driven by iconic rally figures Colin McRae and Carlos Sainz, which was thought to be long-lost in an auction for half a million Australian dollars ($360,000) and reportedly used Bitcoin as a payment method.Australian auction house Lloyds…

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BitOasis crypto exchange to help Dubai Police spread fraud awareness

BitOasis, a cryptocurrency exchange from the United Arab Emirates, has partnered with the Dubai Police Force to raise awareness about frauds related to crypto investment and trades.The exchange’s partnership with the Dubai Police is intended to help build regulations that will make crypto safe for investors in the region, BitOasis CEO Ola Doudin said. Speaking to Cointelegraph, Doudin stated:“The BitOasis team…

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South African University to Commence Blockchain and Digital Currency Education in November – Blockchain Bitcoin News

A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes starting in November. According to the institution, students that enroll and complete the $693 six-week course will be issued a legal certificate. Better Understanding of Blockchain As explained on UCT’s website, students that successfully complete the short course will walk…

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