BTC price whipsaws to $106K as US strategic reserve rumors return

Bitcoin (BTC) stayed lower at the Feb. 9 Wall Street open as a sweep of local lows increased bets of a more serious comedown.BTC/USD 4-hour candle chart (Bitstamp). Source: TradingViewTrader: "Something feels off" about BTC strengthData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it traded around $22,700 on Bitstamp.The pair had dipped to…

Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network. 680 Total views 22 Total shares Police arrested a resident in Makhachkala, Russia, on June 9, who allegedly created an illegal massive crypto-mining structure that connects around 500 platforms to the local power supply…

The digital yuan continues to develop apace. 557 Total views 8 Total shares China has completed its first cross-border pilots of the digital yuan with Hong Kong.Wang Xin, director of the People’s Bank of China research bureau, said that the Hong Kong Monetary Authority and the PBoC have conducted technical tests on the cross-border use…

Republican Senator Tom Emmer has long been a critic of Gary Gensler and the U.S. Securities Exchange Commission’s cryptocurrency oversight strategy. 1414 Total views 12 Total shares Own this piece of crypto history Collect this article as NFTMinnesota Senator Tom Emmer has slammed United States Securities Exchange Commission (SEC) Chairman Gary Gensler for his flawed…

Turkey’s crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation.

Cryptocurrency forensics and analysis firm Elliptic has tied about $400 million worth XRP tokens to illegal transactions.In a press release published on Nov. 20, the firm indicated that “the $400m of illicit activity identified by Elliptic represents less than 0.2% of total XRP transactions, demonstrating that the vast majority of activity is legitimate.”Elliptic began analyzing…

AMD’s popular Radeon RX580 graphics processing unit (GPU), which has been widely used by crypto miners, is now being sold for $179.99, gaming magazine PC Gamer reported on Thursday, Dec. 19.This means that the GPU, which reached a peak average price around $550 in February 2018, has seen a 67 percent price drop throughout the…

Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with NFTs in all sorts of ways. However, the primary goal is to prove the authenticity and ownership of digital items, which had proven…

“Staying at the forefront of digital innovation is a key priority for Nomura,” said president and group CEO of Nomura Holdings Kentaro Okuda. 354 Total views 5 Total shares Nomura, one of the largest investment banks in Japan, has established a venture capital arm aimed at investing in companies focusing on crypto and blockchain.In a…