3 reasons why $65K marks the bottom for Bitcoin

Bold plans for a non-fungible token linked restaurant and private members lounge in San Francisco have come to an abrupt end, after the company behind the project halted construction due to challenging macroeconomic factors. The two venues were being built on Salesforce Park, and were going to be dubbed the “Sho Restaurant” and “Sho Club

In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces. However, in an interview with Cointelegraph, an anonymous cyber vigilante shares insights into how he went about…

According to Matba Rofex, the trading platform behind the investment vehicle, the first Bitcoin futures contract in Latin America has begun trading. 1795 Total views 2 Total shares Argentina welcomed its first Bitcoin futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda.According…

The Ethereum ecosystem has seen only 226 validators slashed since the launch of the Beacon Chain on Dec. 1, 2022 — amounting to just 0.04% of 524,060 validators, according to an Ethereum core developer.Slashing is a process where a validator breaches the proof-of-stake consensus rules, which often results in the removal of that validator from the…

Venezuela has been living with hyperinflation since at least 2014. Its national currency — the Venezuelan bolívar — hit an official inflation rate of 57.3 percent in February 2014, while independent currency analysts were reporting that, by that September, the real inflation rate had already topped 100 percent. In other words, the bolívar (VEF) was…

Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company. 3664 Total views 27 Total shares The Bitmain power struggle continues as Micree Ketuan Zhan, one of the co-founders of the crypto mining giant and its largest shareholder, has reportedly made an offer to…

Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.” 2457 Total views 19 Total shares Brian Brooks, former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, has claimed that cryptocurrencies like Bitcoin (BTC) have some backing, while the U.S. dollar…

Fidelity Digital Assets, the digital currency wing of United States financial services giant Fidelity, is now live with a select group of clients, the firm announced on March 8.In a tweet, the firm wrote:“We are live with a select group of eligible clients and will continue rolling out slowly. Our solutions are focused on the…

On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued — which many industry experts appraised as a meaningful educational experience for the lawmakers — touched upon a range…