Bitcoin price dip fails to squeeze leverage as $92.5K becomes 'pivotal'
BTC price retracement expectations hinge on bulls protecting new local lows as Bitcoin traders stick to high-leverage bets.
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US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape
Representatives from U.S.-based financial giants and cryptocurrency startups will meet with Washington lawmakers this Tuesday to discuss the regulatory landscape, CNBC reported September 24.The roundtable dubbed "Legislating Certainty for Cryptocurrencies" will reportedly be hosted by Rep. Warren Davidson (R-Ohio). The attendees will address the issue of policy-making regarding the new asset class in the run-up…
Celestia Foundation secures $100M capital led by Bain Capital Crypto
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million.
NFT LA: Attract the mainstream, focus on Web3 and use cases
Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the total value of all NFT transactions worldwide surpassed more than $17 billion in 2021, up from $82.5 million in 2020. The report also pointed out that “NFT” was selected as Collins Dictionary’s word of the…
Customs Agents Seize Crypto Mining Units Smuggled Out of Mongolia
The Federal Customs Service of the Russian Federation stopped the illegal import of four crypto mining devices from Mongolia into Russia.Crypto mining equipment confiscatedOn Oct. 1 Coinspot reported that a Mongolian citizen was trying to smuggle the mining devices with fans and connected microcircuits across the Russia-Mongolia border into Russian territory.The custom services explained that the…
Canada: Birks Group Jewelry Retail Giant Begins Accepting Bitcoin in Eight Locations
Major Canadian-based jewelry manufacturer and retailer Birks Group has begun accepting Bitcoin (BTC) through a partnership with U.S. payment processor BitPay, the company confirmed in a press release Nov. 28.Birks, which has operated since 1879, will initially accept the largest cryptocurrency in eight of its 30 domestic stores in Canada.Seven are already servicing Bitcoin payments,…
Even Vitalik Buterin is surprised at just how long Eth2 is taking
Ethereum co-founder cites people problems as one of the obstacles to progress. 3558 Total views 6 Total shares Ethereum’s visionary co-founder Vitalik Buterin has commented on the obstacles on the roadmap to Eth2 at a conference in Hong Kong.Speaking partly in Mandarin at the Virtual Fintech Forum at this week’s StartmeupHK Festival 2021, Buterin said…
CoinLaunch Reaches $50,000 Settlement With Ontario Securities Commission
Initial coin offering (ICO) consultant CoinLaunch has agreed to pay $50,000 to the Ontario Securities Commission (OSC), according to documents published on the regulator’s website dated July 24.According to commercial litigator and former programmer Evan Thomas, CoinLaunch was consulted on two ICOs, BCZERO (raising funds for a Czech off-road truck racing team) and ECOREAL (raising…
Winklevoss Twin: Next Bitcoin Bull Run Will Be ‘Dramatically Different’
Cameron Winklevoss, the billionaire founder of cryptocurrency exchange Gemini, believes the next Bitcoin (BTC) bull run will be much different. When compared to previous bull markets, Winklevoss noted that there is substantially more capital, infrastructure, and better projects.Winklevoss said:“The next Bitcoin bull run will be dramatically different. Today, there’s exponentially more capital, human capital, infrastructure,…