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

The nominee to be the next president of the European Central Bank (ECB), Christine Lagarde, has said central banks and financial bodies should protect consumers but be open to innovations such as cryptocurrencies.Changes are opportunitiesLagarde, who is currently head of the International Monetary Fund, told the Economic and Monetary Affairs Committee of the European Parliament…

Bitcoin sees a giant $30,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway's Apple sale takes on new meaning as stocks dive worldwide.

U.S. authorities have accused a man of securing COVID-19 relief funds to invest in cryptocurrency. 2295 Total views 23 Total shares A Texas resident was charged by the U.S. Attorney for the Southern District of Texas on July 14. Allegations suggest that he fraudulently filed loan applications for $1.1 million through the Paycheck Protection Program,…

On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. 84 Total views 1 Total shares The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee…

Crypto is currently languishing like the internet did in 1996 with slow speeds and few practical use cases, says Steve Newcomb, chief product officer of Matter Labs. But a major increase in bandwidth and security soon after saw the internet become a crucial part of daily life across the globe — and we’re right on…

The Tezos (XTZ) class-action lawsuit from law firm Block & Leviton will likely conclude in a $25-million settlement on August 27. Tezos, like many initial coin offerings (ICO) from 2017, has come under scrutiny from both investors and regulators alike alleging that its token sale constituted an illegal offering of securities.Indeed, the U.S. Securities and…

With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 Bitcoin. 591 Total views 3 Total shares Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the…

IoTeX's project uses "verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time," said Larry Pang. 813 Total views 9 Total shares The latest product from IoTeX, a privacy-focused platform for the Internet of Things, reportedly brings the concept of a smartphone’s trusted execution environment with real-world…

Billionaire finance mogul Masayoshi Son also said that AI will be 10,000X smarter than humans by 2035.