Bitcoin dip under $65K is not ‘likely’ due to Mt. Gox sell-off

U.S. Presidential candidate Donald Trump wants the future of Bitcoin to be red, white and blue.

Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas' energy grid would not receive an abatement on state taxes. 67 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Texas Senate Committee on Business and Commerce has passed legislation…

Decentralized derivatives protocol Synthetix is the latest project aiming to close the usability gap between centralized and decentralized exchanges — with a Q4 slated launch of the Synthetix V3 protocol and its decentralized exchange front-end, called Infinex.Speaking to Cointelegraph, Synthetix founder Kain Warwick said the Q4 slated launch of Infinex — a decentralized perpetual futures

Bitcoin has dropped below $54,000 on April 20 while whale clusters suggest that the key areas for BTC to reclaim in the short term are $56,274 and $55,172.The cryptocurrency market began to drop once again after an initial relief rally on Monday. Bitcoin dropped from $57,400 to sub-$54,000, losing the $55,172 whale cluster support level.Bitcoin whale…

Major mining hardware manufacturer TSMC has announced plans to build a $12 million facility in Arizona. 1664 Total views 45 Total shares The world’s largest semiconductor manufacturer and third-largest chip manufacturer, Taiwan Semiconductor Manufacturing Co., or TSMC, has announced plans to build a $12 factory in Arizona.The move comes after TSMC suffered significant disruptions across…

Some cryptocurrency exchanges continue onboarding Russian nationals despite the latest Western sanctions against Russia, but not without certain restrictions.In late September, Kazakhstan’s President Kassym-Jomart Tokayev witnessed the nation’s first regulated fiat-to-crypto purchase by a local commercial bank, the Eurasian Bank.The transaction involved a local crypto exchange called Intebix, which allows retail clients to buy crypto…

The European stock markets fell on March 24 on renewed fears that the banking crisis could rear its ugly head once again. The latest selling was triggered after Deutsche Bank’s credit default swaps, which offer protection to the buyer against specific risks, soared on March 23 without any known catalyst. That pulled down the shares…

South Korea’s top financial regulator established dedicated crypto investigation teams across the country last week. 440 Total views 7 Total shares Several South Korean financial authorities are planning to join forces to combat illegal operations involving cryptocurrencies like Bitcoin (BTC).The interagency crackdown comes in response to growing concerns over speculative investments and potentially illegal activities…

The role of governance in the booming decentralized finance industry is a nascent one, and there are ongoing conversations from key figures in the industry around its purpose and what governance may look like in the future.Sam Bankman-Fried of FTX recently shared that his firm’s involvement in DeFi will be “motivated by short-term profits and…