Bitcoin set for sub $50K correction in September: Analysts

The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond of security issuance firm Fundament Group. The company announced the news in a press release shared with Cointelegraph on July 23. Regulated real estate bonds on the Ethereum blockchainThe given bond backed by a portfolio of properties in major German cities with an…

The company indicated that the device is designed, in part, for energy-efficient blockchain hashing. 761 Total views 20 Total shares On Monday, semiconductor manufacturing titan Intel unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption.As told by Intel, Blockscale…

The new Samsung smartphone, the Galaxy S10, will include storage for private cryptocurrency keys, according to an official press release on Feb. 20.Samsung announced the launch of its new phone today in Seoul, San Francisco and London, which includes the Samsung Knox function. Per the press release:“Galaxy S10 is built with defense-grade Samsung Knox, as…

Thailand’s securities regulator has approved the first initial coin offering (ICO) portal in the country,  local daily news outlet the Bangkok Post reported on March 12.The Thai Securities and Exchange Commission's (SEC) board of directors has reportedly authorized the first ICO portal that allows to screen ICOs, perform due diligence, confirm smart contract source codes…

Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of

A commissioner from the Commodity Futures Trading Commission (CFTC) has called on Congress to stop allowing cryptocurrency exchanges to “self-certify” and list tokens without oversight.CFTC commissioner Christy Goldsmith Romero told an audience at a Jan. 18 University of Pennsylvania event focused on FTX that the current process wasn't adequate to ensure proper oversight, saying:“I urge Congress…

Circle’s merger with Concord Acquisition Corp, a special purpose acquisition company, or SPAC, values Circle at $4.5 billion, and the combined entity is expected to debut on the New York Stock Exchange under the ticker CRCL before the end of the year.The merger/offering was generally applauded within the crypto industry. Vladimir Vishnevskiy, director and co-founder…

Senator Elizabeth Warren appeared to have softened her stance on the crypto industry in recent remarks. 728 Total views 6 Total shares Senator and former United States presidential candidate Elizabeth Warren believes that the digital asset industry may be a tool to tackle some challenges in the traditional financial system.A known skeptic of cryptocurrencies like…

A crypto lawyer believes the Mango Markets exploiter Avraham Eisenberg could still face consequences despite users supposedly agreeing not to pursue legal action. 173 Total views 5 Total shares The $117 million Mango Markets exploiter has defended that their actions were ‘legal,’ but a lawyer suggests that they could still face consequences. Self-described digital art…