Bitcoin price strength extends to AVAX, SUI, TAO and AAVE — Are altcoins back?

“I remember watching the hearings before the Energy and Commerce Committee with Mark Zuckerberg, and it was clear that a lot of my colleagues didn't really know a lot about technology,” recalls U.S. Representative Darren Soto.When Soto (D-FL) speaks about technology, it sounds personal. He references space launches at Cape Canaveral, which lies adjacent to…

Cryptocurrency exchange HitBTC appealed to the specificity of its cryptography in an ongoing dispute with the team behind altcoin Bitcoin Private (BTCP). The post was published on HitBTC’s blog on Tuesday, March 26.The dispute involves HitBTC’s delisting of the altcoin, whose team then accused the exchange of fraud.HitBTC, currently ranked by CoinMarketCap as the world’s…

Following another delay on Bitcoin exchange-traded funds (ETFs), asset managers VanEck and SolidX plan to sell a limited version of a Bitcoin ETF.VanEck Securities and SolidX Management want to start selling shares in a limited version of a crypto ETF, employing a rule that exempts the shares from securities registration, while shares can be sold…

Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.

Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by Japanese financial powerhouse SBI Holdings.Elliptic continues to expand in AsiaAccording to a press release shared with Cointelegraph on Sept. 3, the funding will be used to support continued expansion into Asia, with new offices opening in Japan and Singapore. The…

Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency.BNN Bloomberg reported the news on Aug. 22. The central bank is interested in offering digital currency as a means to increase transaction efficiency and foster economic growth, per the report. However, Financial Stability Director-General Peace Masozera Uwase remarked…

Bitcoin (BTC) created resistance at $37,500 on Friday amid an increasing consensus that a new dive was underway. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFunding signals dip expectationsData from Cointelegraph Markets Pro and TradingView revealed $37,500 as the ceiling which capped price action overnight into Friday.BTC/USD had recovered from a trip to local lows of $35,500 after…

In a note authored by Michael Saylor, Nic Carter and Darin Feinstein, the Bitcoin Mining Council alleges that lawmakers can't tell the difference between a data center and a power plant. 69 Total views 1 Total shares The Bitcoin Mining Council (BMC) has responded to a letter sent to United States Environmental Protection Agency (EPA)…

Venezuela will present its state-backed cryptocurrency Petro as a unit of account for crude oil trading to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, the country’s oil company PDVSA reports on its Twitter Nov. 7.The PDVSA has cited its president Manuel Quevedo, who also holds the position of Venezuela’s Minister of Oil…