CPI meets $60K BTC price battle — 5 things to know in Bitcoin this week

The Bank of Russia’s new stock exchange recommendations do not apply to central bank digital currencies and authorized digital assets issued in Russia. 787 Total views 6 Total shares As global cryptocurrency companies increasingly consider going public, the Russian central bank has officially recommended local exchanges to avoid crypto-related listings.The Bank of Russia issued an…

Author Don Tapscott’s latest book Supply Chain Revolution highlights opportunities for transformation that blockchain can bring to what the book calls a $50 trillion supply chain industry issue. Tapscott, who is also co-founder of the Blockchain Research Institute, told Cointelegraph that Supply Chain Revolution is the second book in the series being produced by the BRI,…

IOHK wants to see at least 75% of new blocks coming from upgraded nodes, along with two other "critical indicators" before implementing the Vasil hard fork. 344 Total views 6 Total shares Input Output Hong Kong (IOHK), the blockchain company behind the Cardano network says the much anticipated Vasil hard fork is “ever closer” after…

The United States Internal Revenue Service is blinded by its desire to defeat cryptocurrency. It rushes to enforcement without first thinking how best to get there. It has spent millions of taxpayer dollars training its personnel and procuring private contractors to uncover noncompliance by crypto users. The IRS is arming its people to aggressively enforce…

The crypto community has emerged as one of the leading aid providers for Ukrainians, as crypto donations surged over $50 million. This week, many in the decentralized finance, or DeFi, community have come forward to donate and make it simpler for other people to donate to Ukraine. LUNA continued its price dominance with another double-digit surge…

Bitcoin (BTC) continues to struggle below $50,000 on March 5 as a spike in the 10-year Treasury yield to 1.62%, its highest level in over a year, has taken a toll on global financial markets and hit risk-assets especially hard. At the time of writing the S&P 500 and Dow are up 0.46% and 0.64% but…

“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said. 961 Total views 5 Total shares Cryptocurrency lending platform Celsius Network has raised $400 million in a new equity funding round amid United States regulators increasingly cracking down on crypto lending.Announcing the news on Tuesday, Celsius…

Bitcoin (BTC) figures could gain an unlikely new convert after the former chief financial officer of PayPalappears to have abruptly lost access to the banking system.In an ongoing Twitter debate on Nov. 18, Roelof Botha revealed that Bank of America (BoA) had chosen to close his account. The reason was not stated in the bank’s…