Barclays-backed Copper withdraws UK crypto license application
The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September.
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Ether bulls eye resistance at $3K as the network prepares to undergo ‘The Merge’
A new week in the cryptocurrency market has brought more of the same sideways price action that the wider ecosystem has experienced in recent months, as Bitcoin (BTC) continues to hold support near $41,000 while some analysts warn that high inflation and rising interest rates could see the top cryptocurrency fall to $30,000. On the altcoin…
Bitcoin Hashrate Increases ⅓ in 2 Days — Will BTC Price Follow?
Bitcoin (BTC) hashrate has increased 33% in just two days while the price of Bitcoin trails behind.BTC price & hashrateBitcoin hashrate has exploded from 91,290,582 TH/s on April 4 to 121,029,181 TH/s on April 6. Historically, Bitcoin hashrate and price have exhibited a very close relationship, with a 0.77 correlation.This relationship makes sense considering that…
Court blocks ‘Faketoshi’ Craig Wright’s appeal in Bitcoin creator case
The UK Court of Appeal suggested that Craig Wright’s appeal grounds contained “multiple falsehoods,” including reliance upon some “fictitious authorities.”
AI deepfake crypto scammers ramp up operations in Q2: Gen Digital
Gen Digital’s Siggi Stefnisson warned users that scammers are adept at using what is already on their target’s minds, including love, financial security and elections.
Ethereum supply shock: Exchange ETH reserves continue to fall after a 26% drop in 2021
The amount of Ether (ETH) held by all cryptocurrency exchanges has declined dramatically in the previous 12 months.Blockchain analytics firm CryptoQuant reported that Ethereum reserves on trading platforms dropped 26.29 million ETH to 19.22 million ETH year-on-year (YoY), indicating that traders' preference to hold their tokens increased.At least the Ether price performance in the same…
Glassnode predicts BTC break-out as investors refuse to realize losses
Despite on-chain metrics indicating Bitcoin investors will soon face losses, Glassnode believes BTC is ready to bounce. On-chain metrics are indicating that continued downward pressure on the price of Bitcoin would result in many investors facing losses.A Jan. 25 report published by crypto data aggregator Glassnode has noted that Bitcoin’s adjusted Spent Output Profit Ratio,…
Major Swiss Stock Exchange SIX Developing Stablecoin Pegged to the Franc
Financial service provider SIX is developing a stablecoin pegged to the Swiss franc, a company spokesman confirmed to Cointelegraph on May 23.The company is also planning to launch a blockchain-powered exchange for digital tokens in the second half of 2019, but the spokesman said he was currently not at liberty to discuss further details concerning whether the stablecoin…
It’s time for Hollywood to move to blockchain. Yes, you read that right
The greatest empires over the course of history have come and gone — the Romans, Greeks, Babylonians, Mongols, Persians, Egyptians, Ottomans and, most recently, the British. Much in the same way that history has recycled the powers of the world, so do cultural and economic institutions around us fall to the same fate. Like these empires…