Bitcoin’s price return ‘stands apart from the crowd’ — NYDIG

Bitcoin (BTC) is on track to close the week with gains of more than 23%. The banking crisis in the United States and Europe seems to have boosted buying in Bitcoin, indicating that the leading cryptocurrency is behaving as a safe haven asset in the near term.All eyes are on the Federal Reserve’s meeting on…

A holy oath was taken to try to ensure the region’s power grid would work at its most efficient level, as crypto miners are blamed for drawing off too much juice. 657 Total views 31 Total shares Residents of Svaneti, Georgia, have reportedly been made to pledge a holy oath they will not mine cryptocurrency…

Federal judge Victor Marreo reviewed the Howey Test, which determines whether the NFTs qualified as an investment contract subject to U.S. securities laws. Upon denying the motion, the court authorized the case to proceed. Own this piece of history Collect this article as an NFTNBA Top Shot Moments nonfungible tokens (NFTs) may be considered a…

Professional esports organization Team SoloMid (TSM) (previously TSM FTX) has suspended its $210 million sponsorship deal with the now-bankrupt FTX crypto exchange “effective immediately” following the cryptocurrency trading platform’s shock collapse last week.The United-States-based esports organization made the announcement in a Nov. 16 tweet to its 2.2 million followers, adding that the decision was made after…

A new blockchain platform believes it is a “more attractive and accessible destination” for hosting tokens than the likes of Ethereum’s ERC20 platform, as it gives developers the support they need to build, market and launch custom tokens successfully.LindaX says it wants give entrepreneurs an opportunity to sculpt “absolutely unique tokens with exclusive features for…

OKEx Korea announced that it's shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday. 4118 Total views 22 Total shares The South Korean branch of global cryptocurrency exchange OKEx is shutting down operations next month, OKEx Korea officially announced Tuesday.Users will have to withdraw their…

Despite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane. 363 Total views 2 Total shares While key Bitcoin (BTC) metrics don’t paint a pretty picture, the bears could be running on fumes. Contrary to analysts warning that Bitcoin could dip to $38,000 “before an eventual breakout”, CoinShares and Arcane…

Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears of a Chinese digital yuan.The planned digital yen would be jointly developed by the government and private companies, and would follow many similar initiatives around…

Howard Marks hints that he is becoming the latest Bitcoin naysayer to change his tune completely in a new memo to investors of Oaktree Capital. 396 Total views 4 Total shares Bitcoin (BTC) at $34,000 may have gained a new convert after billionaire investor Howard Marks admitted that he needed to change his "skeptical view."In…