COINTELEGRAPH.COM NEWS FEED:
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Bitcoin price may retest $20K on US CPI amid absence of soft landing — trader
Cointelegraph.com News - 5 February 2023, 11:01 amThe Fed will not save the U.S. from recession with rate hikes, and risk assets will suffer, Michaël van de Poppe warns. Bitcoin (BTC) could face a retest of $20,000 and the United States will fail in its plans for a “soft landing” on inflation, a new analysis says.In a YouTube update on Feb. 5,…Read More
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Is it possible to achieve financial freedom with Bitcoin?
Cointelegraph.com News - 5 February 2023, 10:40 amBitcoin aims to bring power back to the people. Beyond that, a calculated investment in Bitcoin can potentially bring one closer to financial freedom. But how does one do that? Over the last 14 years, investors have been attracted to Bitcoin (BTC) for many reasons — from being a potential solution to the economic woes…Read More
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Fantom’s 5-week winning streak is in danger — Will FTM price lose 35%?
Cointelegraph.com News - 5 February 2023, 8:20 amAs per technical data, the FTM market has turned overbought after rallying 230% in five weeks, with the coin’s momentum slowing down compared to the price boom. The price of Fantom (FTM) risks pulling back in February due to a growing divergence between its price and momentum in recent weeks.FTM price rallies 230% after Cronje’s…Read More
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Shiba Inu price rebounds 100% after record lows against Dogecoin — more upside ahead?
Cointelegraph.com News - 5 February 2023, 6:29 amSHIB price technicals hint at another possible 40% rally for Shiba Inu versus Dogecoin as Shibarium comes into focus. The Shiba Inu (SHIB) price was at the lowest versus its top rival, Dogecoin (DOGE), in November 2022. Three months later, the dynamics have flipped. SHIB price rises 100% versus DOGEOn Feb. 4, 2023, the SHIB/DOGE pair…Read More
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London emerges as world’s most crypto-ready city for business — research
Cointelegraph.com News - 5 February 2023, 5:52 amAn examination of eight key data points determined London to sport the highest crypto readiness to entice businesses and start-ups. Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and exposure to the ecosystem. When considering eight key indicators around taxes, ATMs, jobs and events…Read More
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Google invests $300M in AI firm previously funded by Sam Bankman-Fried
Cointelegraph.com News - 5 February 2023, 3:58 amMembers of Crypto Twitter are speculating whether Bankman-Fried and FTX will source the reported $530 million invested in Anthropic to pay off FTX creditors. Google Cloud reportedly invested $300 million into artificial intelligence (AI) startup firm Anthropic, which also received over $500 million in funds from former FTX CEO Sam Bankman-Fried about six months before…Read More
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New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers
Cointelegraph.com News - 5 February 2023, 1:00 amThese cybercriminals reach out to romance-seekers from dating apps like Tinder before convincing them to invest in their fraudulent cryptocurrency investment schemes. The New Jersey Bureau of Securities has ordered three website operators to stop luring romance-seeking victims into their fraudulent cryptocurrency investment schemes.The three firms hit with the cease and desist orders were Meta…Read More
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SBF bail guarantor to go public, UK crypto framework and Celsius news: Hodler’s Digest, Jan. 29 – Feb. 4
Cointelegraph.com News - 4 February 2023, 9:44 pmTop Stories This Week SBF’s $250M bail guarantors should be made public, rules judge The identities of two individuals who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could be revealed next month following a recent ruling by United States District Judge Lewis Kaplan. Bankman-Fried’s legal counsel has until Feb. 7…Read More
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UK is ‘likely’ to need digital currency, says BoE and Treasury: Report
Cointelegraph.com News - 4 February 2023, 9:16 pmThe digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation. The Bank of England (BoE) and His Majesty’s Treasury believe the United Kingdom is likely to need to create a central bank digital currency (CBDC) by 2030, according to a Daily Telegraph report on Feb. 4. The “digital pound”…Read More
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Genesis unsecured creditors’ committee appointed
Cointelegraph.com News - 4 February 2023, 7:20 pmThe seven-member committee will represent the creditors in court, having the right to participate in the reorganization plan. A seven-member committee has been appointed to represent the interests of unsecured creditors in the Genesis Global bankruptcy case, according to court filings on Feb. 4. The committee will represent the creditors in court, having the right to…Read More
BITCOIN.COM NEWS FEED:
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Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’
Bitcoin News - 5 February 2023, 10:00 amThe Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it has released a consultation paper that explores “which elements of the crypto…Read More
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Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn
Bitcoin News - 5 February 2023, 7:30 amProtocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasized in the blog post that it has been an “extremely challenging economic downturn, worldwide, and especially in the crypto industry.” Protocol…Read More
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Binance to Support Georgia’s Crypto Industry Through Blockchain Education
Bitcoin News - 5 February 2023, 5:00 amDigital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar projects in other countries. Binance and Georgian Tech Agency to Jointly Develop Country’s Crypto Economy The world’s largest cryptocurrency…Read More
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Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’
Bitcoin News - 5 February 2023, 3:00 amBillionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin won’t be a Sri Lanka reality ever.” Tim Draper Suggests Sri Lanka Adopts Bitcoin Billionaire investor and venture…Read More
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Billionaire Ray Dalio Says Bitcoin Isn’t an Effective Money, Store of Value, or Medium of Exchange
Bitcoin News - 5 February 2023, 1:00 amBillionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s “amazing” what bitcoin has accomplished but believes the cryptocurrency is not going to be an effective money, a store of value, or a medium of exchange. Nonetheless, he stressed that “we are in a world in which money as we…Read More
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Russia Expands Its Crypto Mining Capacity, Report Reveals
Bitcoin News - 4 February 2023, 11:00 pmThe total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major factors for the trend. Miners Prepare for Growth as Total…Read More
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Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened
Bitcoin News - 4 February 2023, 9:00 pmThe last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since…Read More
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Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain
Bitcoin News - 4 February 2023, 7:00 pmDuring the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain. Ordinal Inscriptions on Bitcoin Blockchain Spark Debate Among Crypto Community The controversial NFT concept…Read More
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Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder
Bitcoin News - 4 February 2023, 4:30 pmAs the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former…Read More
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Biggest Movers: SHIB Jumps 13% on Saturday, Hitting a 4-Month High
Bitcoin News - 4 February 2023, 3:05 pmShiba inu extended recent gains into the weekend, as the meme coin rose to its highest point in four months. Today’s surge saw prices climb by as much as 13%, and comes despite cryptocurrency markets mostly consolidating. Dogecoin also moved higher, breaking out of a recent ceiling in the process. Shiba inu (SHIB) Shiba inu…Read More
CRYPTONINGAS NEWS FEED:
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ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support
CryptoNinjas - 2 February 2023, 8:04 pmBlocknative, a real-time Ethereum (ETH) infrastructure platform, has newly introduced features including transaction bundle send, cancellation, and replacement support for the Blocknative Builder. Searchers can now submit MEV bundles privately to the Blocknative Builder to be included on-chain. This market utility builds upon Blocknative’s reliable, real-time infrastructure that is systematically important to the Ethereum ecosystem.…Read More
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Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus
CryptoNinjas - 24 January 2023, 2:29 pmEventus, a provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has chosen the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered in Panama City, Panama, Deribit is one of the largest cryptocurrency options exchanges by volume and open interest, with approximately 90%…Read More
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Crypto exchange Gemini launches new electronic OTC trading solution
CryptoNinjas - 19 January 2023, 4:53 pmGemini, the popular bitcoin & crypto exchange company, today announced the launch of electronic over-the-counter trading (eOTC), an automated crypto trading solution designed for institutions. The Gemini eOTC solution offers a variety of advantages to institutional traders including: Competitive Pricing & Execution: Liquidity is sourced from top-tier liquidity providers with deep liquidity pools, enabling counterparties…Read More
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Crypto securitization platform GenTwo links to all Coinbase assets
CryptoNinjas - 14 January 2023, 6:23 pmGenTwo Digital, the crypto-asset securitization platform based out of Crypto Valley in Zug, Switzerland, today announced a partnership with Coinbase, the publicly-listed cryptocurrency platform. This new partnership for GenTwo Digital allows all Coinbase crypto assets to be wrapped in bankable financial investment products and enables financial intermediaries to issue certificates such AMCs (Actively Management Certificates).…Read More
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Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion
CryptoNinjas - 5 January 2023, 5:51 pmThunderCore, a leading blockchain & web3 ecosystem announced today that they are making a new development push, partnering with new validators as the chain rolls out its new crypto staking model. The newest ThunderCore validators include the famous crypto-asset exchange Huobi and one of the earliest staking platforms in the space, MyCointainer. Users of both…Read More
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DeFi protocol Pods raises $5.6M to support its structured crypto products dApp
CryptoNinjas - 19 December 2022, 6:19 pmPods, creators of a DeFi platform, announced today that earlier this year, the team raised $5.6M in seed funding to create structured products for crypto-assets. The financing featured investors such as IOSG, Tomahawk, Republic, Framework Ventures, and more. The first strategy on Pods Yield is stETHvv (Ethereum Volatility Vault). stETHvv is a low-risk product focused…Read More
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Crypto derivatives exchange Deribit releases new client verification of assets tool
CryptoNinjas - 13 December 2022, 5:18 pmDeribit, the popular cryptocurrency derivatives exchange, announced today it has launched a new ‘Proof of Reserves‘ tool for clients using the trading platform. Now, clients are provided with the functionality to verify their assets to be included in Deribit’s overall reserves. How it Works Deribit provides all addresses for all on-chain assets and it delivers…Read More
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Tenderly introduces TXN simulations on its blockchain gateway for efficient dApp development
CryptoNinjas - 7 December 2022, 6:18 pmTenderly, creators of a blockchain development platform, today announced that it is the first web3 development platform to offer simulations through RPC on its Tenderly Web3 Gateway, the company’s production node as a service. Note, Tenderly already processes more than 50 million simulations per month through its Transaction Simulator. Now, the company is introducing the…Read More
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DFINITY brings new smart contract functionality to Bitcoin with Internet Computer integration
CryptoNinjas - 5 December 2022, 6:17 pmDFINITY Foundation, the not-for-profit organization contributing to the development of the Internet Computer (IC) — a high-speed, internet-scale public blockchain — has announced today the Internet Computer’s mainnet integration with Bitcoin, bringing smart contract functionality to the cryptocurrency. Now, the Internet Computer can serve as a layer-2 for Bitcoin where smart contracts on the Internet…Read More
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Crypto exchange Coinbase to support Easy Bank Transfers for UK users
CryptoNinjas - 17 November 2022, 5:18 pmCoinbase, the popular bitcoin & crypto exchange company, announced today it will be rolling out ‘Easy Bank Transfers’ for UK users. The new feature delivers an easy way to add funds to Coinbase accounts. Through a partnership with TrueLayer, one of Europe’s leading open banking platforms, Coinbase is able to support Easy Bank Transfers, which…Read More