Could Bitcoiners embrace BlueSky, an X alternative that hit 25M users?
The social media platform roughly doubled its number of users since November, suggesting it may have pulled some US-based X users after the presidential election.
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Cryptocurrency News From Japan: April 5 – April 11 in Review
This week’s headlines from Japan included GMO Coin unveiling Basic Attention Token (BAT) lending, Nitori using blockchain for furniture logistics, blockchain solution outfit, Ginco, receiving funding from DBJ Capital, Japan's stay at home order impacting crypto businesses, and a representative from the Japan Restoration Association questioning crypto taxes. Check out some of this week’s crypto and…
Bitcoin battles 2-month resistance amid ‘most hated’ stocks rally
Bitcoin (BTC) pierced the top of a stubborn trading range on Aug. 11 as a decidedly awkward rally took hold of risk assets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin retracement warnings intensify near $25,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $24,750 on Bitstamp, marking its best performance since June 13.The…
Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis
As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country. Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a partnership…
First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows
There's little to smile about when it comes to institutional participation in Bitcoin as the end of the year, data shows. 335 Total views 13 Total shares Bitcoin (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the "underperformance" of the United States' first Bitcoin futures exchange-traded fund (ETF).As…
Bitcoin is 1 week away from ‘confirming’ new bull market — analyst
Bitcoin (BTC) has a matter of days to go before beginning a new macro uptrend, the latest analysis says.In his latest Twitter activity, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD.BTC price action closely mimics past cyclesDespite facing problems flipping $28,000 to support, BTC price action is…
British Army’s social media accounts hacked by crypto scammers
The British Army’s official Twitter, Facebook, and YouTube accounts were breached on July 3 for almost four hours, with scammers promoting rip-off non-fungible token (NFT) collections and cryptocurrency scams.Just after 2PM ET on July 3, the United Kingdom Ministry of Defence (MOD) Press Office tweeted it was aware the Army’s social media accounts were compromised…
France: Central Bank Does Not Endorse Plans for Tobacco Shops to Sell Bitcoin
France’s tobacco federation, the Fédération des Buralistes, has obtained permission to sell Bitcoin (BTC) at tobacconists from January 2019, privately owned French radio network Europe 1 reported Nov. 21.In a deal with French cryptocurrency wallet provider KeplerK, beginning early next year, up to 4,000 small shops will sell Bitcoin vouchers that customers can then exchange…
Russian Court: Theft Of 100 BTC Isn’t A Crime Because Bitcoin Isn’t Property
A Russian court turned down a request from a victim of a 100 Bitcoin theft seeking restitution, with the court arguing that cryptocurrencies have no legal status. 1841 Total views 22 Total shares On June 30, a Russian criminal court denied a motion to provide restitution to a victim of what would in many jurisdictions…