Bitcoin miner Riot Platforms reports record $211M Q1 net income
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.
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Bitcoin’s days below $70K are numbered as traders cite BTC’s swing low as the bottom
A bullish chart pattern has bulls setting $72,000 as the new Bitcoin price target.
Binance Coin hits all-time highs as BNB surpasses Bitcoin Cash by market cap
Bitcoin Cash is now in danger of being ejected from the top 10 cryptocurrencies by market cap. 2074 Total views 14 Total shares Binance Coin (BNB), the in-house token of cryptocurrency exchange Binance, saw its price hit a new all-time high this week, passing Bitcoin Cash (BCH) by market capitalization.BNB/USD 1-week candle chart (Binance). Source:…
Senator and Crypto Critic Elizabeth Warren Enters 2020 US Presidential Race
United States Senator and cryptocurrency critic Elizabeth Warren has announced her bid for President in 2020, the New York Times reported on Dec. 31. Following her announcement, Sen. Warren made plans to visit the state of Iowa, which hosts the first presidential caucuses in the country in February 2020.Warren is the senior U.S. senator from…
Swiss Federal Assembly Approves Instructions on Cryptocurrency Regulation
The legislative body of the Swiss government, the Federal Assembly, has approved a motion to instruct the Federal Council to adapt existing legislation for cryptocurrency regulation. Coitelegraph auf Deutsch reported on the development on March 20.The motion introduced by Liberal assemblyman Giovanni Merlini intends to instruct the Federal Council to adapt existing provisions on procedural…
Kazakhstan Seeks to Attract $740 Million Crypto Investment in Three Years
Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years. 908 Total views 23 Total shares The government of Kazakhstan has set a goal to attract $738 million from investments in cryptocurrency related mining activities over the next three years.According to the Astana Times…
Tron legitimized a project before it pulled an exit scam, community says
Tron’s primary DeFi project whitelisted what looks like a scam. The Tron (TRX) community is accusing the Just Foundation of whitelisting a “DeFi project” that eventually pulled an exit scam, pocketing about $2 million in TRX tokens.According to a post on Tron’s subreddit, the foundation created a token whitelist for its Uniswap clone, JustSwap, to…
Bitcoin price falls to $29.5K, but on-chain data reflects investors’ growing interest
Bitcoin (BTC) price dropped below the $30,000 level on July 18, which given the developments of the last month, retail investors may not have expected, but does today’s downside move represent an upcoming shift in the trend? Data suggests that over the longer-term it does not. To get to the positives first, Bitcoin price is still…
Coinbase Deposits for UK Users Now Take 10 Days, Must Be Over £1,000
United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16.Coinbase Suspends Faster Payments Deposits in U.K.Coinbase, which previously allowed U.K. users to deposit fiat funds via the country’s Faster Payments settlement system, has now suspended…