Bitcoin drops after Trump signs crypto and ‘national digital asset stockpile’ executive order

The US government says they have broad extraterritorial jurisdiction over crypto-related businesses. 521 Total views 10 Total shares The Cryptocurrency Enforcement Framework issued by the U.S. Department of Justice stipulates a number of cases where it will exert its authority over foreign actors: “where virtual asset transactions touch financial, data storage, or other computer systems…

Bitcoin (BTC) and Ether (ETH) are attempting to bounce off their critical support levels as bulls try to thwart attempts by the bears to deepen the correction.Tesla CEO Elon Musk said at the Code Conference in California recently that governments cannot “destroy crypto,” due to its decentralized nature but can “slow down its advancement.”Data shows…

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Microsoft-backed video game developer Wemade plans to further continue the legal battle against South Korea's largest crypto exchanges. 117 Total views 55 Total shares Own this piece of crypto history Collect this article as NFTA court in South Korea has supported the decision of local exchanges to delist Wemade’s Wemix (WEMIX) tokens, dismissing Wemade’s request…

A Twitter survey of whether Williams should buy Bitcoin attracts the likes of Elon Musk as bull run publicity mounts. 296 Total views 11 Total shares Bitcoin (BTC) will hit $65,000 due to a combination of low supply and “tons of new buyers,” major investor Mike Novogratz says.In an increasingly popular Twitter debate on Nov.…

Digital currency mining firm Riot Blockchain has begun deploying around 3,000 new units of S17 Pro Antminers as part of the full upgrade of its Oklahoma City mining facility.Per a Jan. 8 press release, Riot now operates nearly 3,000 more S17 Pro Antminers it purchased from Chinese mining giant Bitmain. The new mining machines are…

Bitcoin (BTC) is at 17-month highs with just 164 days until the next Bitcoin halving event, alongside anticipation of a spot Bitcoin exchange-traded fund (ETF) approval in the coming months.Yet, amid Bitcoin’s 106.38% year-to-date gains, the stablecoin supply rate oscillator (SSRO) has raised a major flag despite suggesting the beginning of a new bull cycle.Stablecoin buying power weakens ahead

An economist of the Bank for International Settlements (BIS) has proposed new ways of supervising financial risks through distributed ledger technology (DLT).In a recently released working paper, economist Raphael Auer made the case for so-called embedded supervision, which would automatically monitor tokenized markets. This would purportedly eliminate the need for the collection, verification and delivery…