Bitcoin mining bans may lead to 'unintended consequences' for environment

United States-based cryptocurrency exchange Bittrex has responded to the New York Department of Financial Services’ (NYDFS) denial of the company's BitLicense application in a press release published on April 10.Earlier today, NYDFS denied Bittrex’s application for a BitLicense — which is required to conduct virtual currency related business in the state of New York —…

Almost an even split between fiat and USDT Chainalysis contends that the new issuance of Tether (USDT) may dampen Bitcoin's (BTC) bull run. In a weekly Market Intel newsletter, company's chief economist Philip Gradwell said:Newly issued Tether arriving at exchanges can be used to buy Bitcoin just as much as existing Tether can be. But making…

While mainstream coverage of cryptocurrency has been overwhelmingly negative in the wake of the collapse of the Terra ecosystem, the bankruptcy of Celsius and the fall of Three Arrows Capital, these events ultimately show why more of the financial system should operate on-chain, bringing more transparency and information to market participants.In all three cases, the…

AUSTRAC's latest report highlights a rise in criminal use of cryptocurrencies, urging stricter regulations and international cooperation to combat money laundering.

Cointelegraph’s resident experts discuss which NFT marketplace offers the best features. 654 Total views 17 Total shares “The Market Report” with Cointelegraph is live right now!On this week’s show, Cointelegraph’s resident experts discuss which nonfungible token (NFT) marketplace has the most to offer its customers.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC)…

The price of Bitcoin (BTC) could rise to as high as $12,000 within the next month, some traders say. Predictions for an extended uptrend emerged as the dominant cryptocurrency steadied amid declining volatility for about five days.Historically, Bitcoin tends to see large price movements following a long period of stability. For over 100 hours, the…

Losses due to crypto scams are on the rise in Belgium. 1069 Total views 20 Total shares Belgium’s financial watchdog has reported scammers stole up to $12 million from investor in the country using fraudulent ads. In an Oct. 5 warning from the Financial Services and Markets Authority (FSMA), the watchdog estimated that investors in…

The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement actions. Hester Peirce, one of five commissioners with the United States Securities and Exchange Commission (SEC) and an outspoken proponent of crypto, has urged lawmakers

Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%.