Bitcoin price CPI gains last just 1 hour as Mt. Gox sell-off fears linger

Bitcoin (BTC) is aiming for a new network record as its hash rate is just inches away from hitting three figures.Bitcoin hash rate nearing 100 quintillionData from statistics and wallet provider Blockchain published on Sept. 8 shows that as of that date, Bitcoin’s hash rate has topped 94 quintillion hashes per second. Bitcoin network hash rate.…

1,005 BTC valued at $29 million have been moved from an old Bitcoin wallet after 13 years, drawing parallels to recent dormant BTC movements. 353 Total views 6 Total shares A Bitcoin (BTC) wallet containing 1,005 BTC mined in 2010 has reawakened, with an anonymous user moving the long dormant coins to new addresses in…

Federal Reserve policy should mean markets see a long-awaited comedown of up to one fifth, says Bloomberg Intelligence's Mike McGlone. 168 Total views 16 Total shares Bitcoin (BTC) will soon no longer be a risk asset and investors should brace for a fresh price correction, says one of Bloomberg's best-known analysts.In an appearance on the…

Dubbed SQUID, the cryptocurrency had rallied by as much as 75,000% to cross over $2,850 but dropped to near zero on Nov. 1. 1957 Total views 26 Total shares A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug pull” scheme.Dubbed SQUID, the cryptocurrency plunged to…

Cointelegraph recently sat down for an interview with Charles Hoskinson, who is the co-founder of Ethereum and CEO and founder of IOHK — the company developing Cardano. During that interview, Hoskinson shared details about some of the crypto projects that he is most interested in.Ergo“It's one of the most revolutionary cryptocurrencies ever built. Got so…

But there is always a catch when it comes to Maduro’s government. Venezuela's National Superintendency of Crypto Assets and Related Activities, or SUNACRIP, has issued the first decree to officially regulate all crypto mining activities. In order to qualify, miners will need to meet specific requirements.An official announcement was first published in the Gaceta Oficial…

In advance:As Cointelegraph reported on Sept. 20, the United States House of Representatives Financial Services Committee is holding a hearing today, Sept. 24, with the Securities and Exchange Commission (SEC) Chairman Jay Clayton and four other SEC commissioners.At the time of the announcement, the published agenda included such critical topics for Cointelegraph’s readers as the…

Bitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000 Bitcoin options contracts expired across Deribit, CME and OKEx, having a notional value of over $740 million.Usually, major expiry events bring about a considerable change…