Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally

A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. 517 Total views 3 Total shares While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind…

With Tesla’s suspension of Bitcoin payments causing chaos in crypto markets today, critics have targeted CEO Elon Musk’s cavalier attitude to the dramatic effects his words and actions can have on the sector.On May 13, Tesla and Musk announced that it had ceased accepting BTC as payment for vehicles due to concerns regarding the “rapidly…

Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund

The Indian government will not be considering a cryptocurrency-related draft bill during the winter session of Parliament as was previously planned. The draft bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currencies” is not included in the session agenda issued in India’s lower house of parliament, Lok Sabha, on Nov. 14.In August 2019,…

How many Big Macs does 1 Bitcoin buy, and why is this important? 1915 Total views 4 Total shares Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation.The global Bitcoin purchasing power index, or PPI, which…

The new USDS stablecoin from Maker, now Sky, has a freeze function which the project's founder claims won't be part of the token at launch.

Bank of New York Mellon has been appointed to serve as transfer agent and administrator of  Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF). Bitwise amended the S-1 form that it submitted to the United States Securities and Exchange Commission (SEC) on Sept. 11. The amendment also lists major accounting firm Cohen & Company as…

People over 55 and under 64 years of age represent the largest age bracket who have fallen prey to scams. 279 Total views 3 Total shares Australians have continued getting duped by investment and crypto-related scams, losing 242.5 million Australian dollars to scammers so far in 2022, according to Scamwatch’s latest data. From January to July…