Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
Bitcoin is at a critical junction; if it fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken. Some aren’t so pessimistic.
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Major Australian bank to decline ‘certain’ payments to crypto exchanges
James Roberts, Commonwealth Bank General Manager of Group Fraud Management Services cited a huge scale of "investment scams" involving crypto exchanges. 222 Total views 1 Total shares Commonwealth Bank (CBA), the largest bank in Australia, has said it will decline or temporarily hold certain payments to cryptocurrency exchanges, citing the risk of scammers. The move…
Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira
The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians towards Bitcoin and crypto adoption. 515 Total views 4 Total shares Peer-to-peer (P2P) Bitcoin (BTC) volume in Nigeria continues to rise as Africa’s largest economy remains a bastion for crypto adoption. According to Quartz Africa, data from the Bitcoin P2P marketplace Paxful show…
Scammer returns $9.3M DAI to victim 10 months after phishing them
In a strange turn of events, a phishing scammer has returned a large portion of funds it stole from a victim last September.
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models.
Ferrari’s Bitcoin acceptance is major market win, says CoinFlip CEO
It’s not a question of if big-name companies follow Ferrari’s lead to adopt Bitcoin, but when, according to CoinFlip CEO Ben Weiss. 712 Total views 14 Total shares Ferrari’s decision to allow U.S. residents to buy its cars in exchange for cryptocurrencies like Bitcoin (BTC) has become one of the biggest market wins in 2023
US SEC seeks to expand its Crypto Assets and Cyber Unit
A new job posting reveals an open position for general attorneys in New York, San Francisco, and Washington D.C. in the SEC crypto assets and cyber unit division. 146 Total views 11 Total shares Own this piece of history Collect this article as an NFTRegulators in the United States have been piling on the pressure…
BitFuFu boosts Bitcoin mining with first physical facility in Ethiopia
BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.
Japan considers implementing tax reforms to prevent capital flight of crypto startups
Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector. 368 Total views 7 Total shares According to local news outlet Yomiuri, Japan's Financial Services Agency is considering amending the virtual currency taxation system for corporate entities ahead of the country's 2023 tax reform. The proposed change includes removing…