BTC average change in retail demand falls to 5-month low, could a 75% rally be next?
The average monthly change in Bitcoin retail demand has waned over the last month, with one analyst noting it could be a precursor to a price surge seen earlier this year.
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Built to fall? As the CBDC sun rises, stablecoins may catch a shadow
There’s a ferment brewing with regard to central bank digital currencies (CBDCs), and most people really don’t know what to expect. Varied effects seem to be bubbling up in different parts of the world. Consider: China’s e-CNY has already been used by 200 million-plus of its citizens and a full rollout could happen as early as…
XMR workgroup says IRS should study Monero — not try to break it
The United States Internal Revenue Service has better ways to spend taxpayer dollars than offering bounties to break Monero’s (XMR) privacy, a Monero working group says.After the IRS announced it is offering up to $625,000 to anyone who can break Monero, a major Monero-focused workgroup expressed their take on the matter.A spokesperson for Monero Outreach…
Tim Draper Stands by His Bitcoin Price Prediction of $250K in 2022
Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6Draper initially predicted that the BTC price will surge up to $250,000 in April of this year. “Believe it, it’s going to happen – they’re going…
Swyftx launches ‘Earn and Learn’ — paying Aussies to learn about crypto scams
Australian crypto exchange Swyftx is launching a new “Earn and Learn” crypto education platform, aimed at rewarding its users for completing courses covering an array of crypto scams. The new educational platform will launch on Sept. 6 and comes amid heightened attention over crypto-related scams in Australia. Swyftx’s head of corporate affairs, Tom Matthews, said the
The last Bitcoin: What will happen once all BTC are mined?
Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin (BTC) in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the fate of miners after the last coins are issued is unclear. Bitcoin is created through mining, a…
8 ways crypto companies can improve their financial compliance in the US
The U.S. presents many obstacles to crypto companies, with a multiplicity of federal and state regulatory agencies having real or potential jurisdiction over the industry. Its unique political environment has contributed to more governmental skepticism toward crypto than is seen in other countries, and high-profile punitive actions by the Securities and Exchange Commission are making…
Ethereum Classic Name Change Would Get Other Cryptos ‘Rekt,’ Says Dev
Ethereum Classic Labs’ Stevan Lohja says that many top cryptos would be “rekt” by Ethereum Classic (ETC) if it removed “Ethereum” from its name.In a tweet posted on Aug. 11, Lohja — who works as technology coordinator at Ethereum Classic Labs — wrote:“Opinion: Many #cryptocurrency in the top market cap would be absolutely #Rekt by…
Carbon-neutral Bitcoin? New approach aims to help investors offset BTC carbon emissions
Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest in the asset.The “Third Annual…