Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal

All fan tokens across Socios and Chiliz’s fan token ecosystem have sold for $250 million so far, founder and CEO said. 439 Total views 30 Total shares The fan token market has been growing in value this year, surging around $157 million in terms of total market capitalization since June.According to data from major fan…

Too many make strong claims without evidence. Emin Gün Sirer, founder and CEO of the blockchain protocol, Avalanche, took to Twitter to explain why he considers that many blockchain projects keep applying dubious strategies in the industry.Sirer considers that some projects are based on “lots of hype, lots of technical-sounding claims,” partnership with companies “too…

Today in crypto, Utah’s senate has passed a Bitcoin bill without the Bitcoin reserve provision, CZ asks Elon Musk to ban automated bots on X, and disappointment over the US Strategic Bitcoin Reserve announcement signals unrealistic investor expectations, according to regulatory experts. Utah’s Senate passes Bitcoin bill — but scraps key provision Utah’s Bitcoin (BTC)

SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal. 958 Total views 6 Total shares Japanese financial conglomerate SBI Holdings is reportedly planning to set up a joint cryptocurrency venture with foreign financial companies.SBI CEO Yoshitaka Kitao said that the Japanese company is in talks with other financial…

BlockFi’s eventful 2021 has continued in the second half of the year as state regulators in the United States began to crack down on the company’s crypto interest-bearing accounts. The move likely marks another operational headache for the non-bank lender in a year of substantial fundraises and public listing plans interspaced by controversy and technical…

Avalanche (AVAX) prices recovered on Sept. 22, paring a portion of losses that hit cryptocurrencies at the beginning of this week, led by worries about potential contagion in China’s housing market.The AVAX/USD exchange rate surged by as much as 12.05% to log an intraday high at $66.08. The pair’s gains came as a part of…

A Georgia state senator has reported to jail over allegedly lying about the theft of cryptocurrency mining equipment worth $300,000, The Guardian reported Dec. 27.Republican Michael Williams, who originally reported the alleged theft in May, made a false police report and gave a false statement, court documents claim.Williams had said servers with a value of…

A 24-year-old hacker infiltrated AT&T systems — and accessed data on more than 100 million people. Decentralizing data could limit similar risks in the future.

Since the start of the summer, a series of measures from Chinese authorities to curb cryptocurrency trading and mining have dominated the crypto news cycle. From urging financial service providers to throttle cryptocurrency-related transactions to ordering a crypto trading software provider shut down, the initiatives coming out of Beijing and their repercussions are widely believed to…