Bitcoin could drop 20% if moves stay tied with M2 money supply: Analyst
An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree.
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Bitcoin battles whales above $22K as BTC price faces US CPI data
Bitcoin (BTC) continued to battle major resistance on Sep. 13 as markets prepared for United States inflation numbers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Serious" whales present new BTC price hurdlData from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it sought to push through $22,500.Bulls had attempted to vanquish a wall of seller interest in…
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EOSIO 2.0 Released but Vote-Buying and Centralization Concerns Persist
Earlier in January 2020, Block.one released EOSIO 2.0 as an upgraded set of protocol improvements for the software underlying the $3.2 billion EOS blockchain. Following the release of the new version of EOSIO, some crypto exchanges like Coinbase have raised issues with the performance of the network, temporarily halting deposits and withdrawals.Meanwhile, the EOS community…
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Indian Police Can’t Move Seized Crypto Due to India’s Anti-Crypto Law
The police of Pune, a city in the western Indian state of Maharashtra, have sought a court's directive to transfer 85 million Rupees seized from a Bitcoin (BTC) ponzi scheme last year.$1.2 million frozen In an Oct. 3 article by the Times of India, Pune cyber police explained that the value of 244 cryptocurrency units (worth…
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Crypto donations fund ATVs and gas masks for Ukrainian military
Ukraine's ministry of digital transformation has utilized cryptocurrency and nonfungible tokens, even CryptoPunks, in an effort to fund its military and humanitarian aid. 162 Total views 3 Total shares Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with…
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CoinEx crypto exchange sued by New York for failing to register with state
The NY Attorney General is looking for a court order to remove the exchange from the state and wants it to block all internet addresses originating from New York. 155 Total views 3 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange CoinEx has been sued by the New York…
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FTX-Binance standoff highlights the need for clear rules — Sen. Lummis
Market manipulation, lending activity and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address in the coming days. 1880 Total views 48 Total shares The feud between the CEOs of crypto exchanges FTX and Binance — Sam Bankman-Fried (SBF) and Changpeng “CZ” Zhao — not only crashed…
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Apple rolls out Apple Intelligence, but fails to wow AI crowd, for now
Several Apple users complained about having to join a waitlist before accessing Apple’s new AI features.
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Digital bank Anchorage offers Ethereum-backed loans to institutions
Institutional investors can get USD on credit without liquidating their ETH. Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors.Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with U.S. commercial bank BankProv.Anchorage Financing will introduce a simple way for investors…