Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level.
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Craig Wright Challenges Court Order Requiring Him to Pay 500K Bitcoin
Self-proclaimed creator of Bitcoin (BTC) Craig Wright wants to challenge a recent court order requiring him to pay 500,000 Bitcoins to the Kleiman estate.Reinhardt did not have power to enter the order, Wright saysOn Aug. 30, Wright’s attorney Andres Rivero filed a document with the United States District Court for the Southern District of Florida,…
Silicon Valley Bank was the tip of a banking iceberg
Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in store at a given point in time — a concept known as fractional banking. On one hand, the difference between the interest on the loans and the interest paid to depositors…
Crypto millionaire loses $43 million in Ether-Bitcoin trading bet
Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.
US: Legislators Introduce Bill to Find Common Definition of Blockchain Technology
U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the "Blockchain Promotional Act 2018" in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. 1.The release notes that current definitions of blockchain technology in different draft bills differ. For this reason, the bill proposes that the U.S.…
Thailand to offer tax breaks for investment token issuers
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years. 520 Total views 17 Total shares Own this piece of history Collect this article as an NFTThe government of Thailand is moving to benefit from the digital asset industry growth by allowing tax-free issuance of…
Russian Tech Giant, Blockchain Platform Sign Agreement to Improve Operational Systems
A subsidiary of Rostec, a Russian state-owned high-tech conglomerate, has partnered with blockchain platform Vostok, major Russian news agency Tass reports on Feb. 14.The joint agreement was signed by Rostec subsidiary National Center for Informatization (NCI) and tech company Vostok, which provides a blockchain platform combining its own private blockchain and the Vostok system integrator.Global…
Ethereum Foundation Announces Details on $30 Million Network Development
The Ethereum Foundation has announced a three-pronged approach to allocating the $30 million it has designated for developing the Ethereum network over the next year, in an official blog post on May 21.The breakdown for the three categories is future projects at $19 million, current projects at $8 million, and developer supports at $3 million.…
BTC hodlers outperformed crypto funds by 69% in H1 2023: 21e6 Capital AG
The classic buy and hold, or HODL approach to Bitcoin (BTC) outperformed the majority of crypto funds by 68.8% in the first half (H1) of 2023. According to data from Switzerland-based investment adviser 21e6 Capital AG, on average, crypto funds generated returns of 15.2% in the first half of 2023 (Jan.1 to June 30) ,…