Crypto Biz: Bitfarms gets new board after months of power struggles

The price of Bitcoin (BTC) is showing signs of a newfound rally as it breaks the $40,000 resistance area. There is a combination of optimistic on-chain data points and a favorable market structure that is leading analysts and traders to anticipate an impending Bitcoin breakout to a new all-time high.In the short term, the $38,000…

In a calendar year, the total crypto market capitalization more than quadrupled from $361 billion to more than $1 trillion in January — reaching an all-time high of around $2.6 trillion in May. Just weeks later, more than $800 million was wiped off of the total crypto market cap, representing a decrease of over 33%.Volatility…

Quantum Economics founder Mati Greenspan has sounded the alarm over the damage the SEC’s case against LBRY could do to crypto. 2230 Total views 24 Total shares Quantum Economics founder Mati Greenspan has warned the SEC’s latest action against decentralized content platform LBRY could threaten the future of all cryptocurrencies. According to the complaint filed…

Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet.According to an announcement on April 9, the solution aims to solve the challenges of expensive and unreliable global payments. They state that…

Seasoned crypto enthusiasts will remember Didi Taihuttu as the man who went all-in on Bitcoin (BTC) in 2016. He sold his and his family’s possessions. camping out in the Netherlands while he waited for Bitcoin to the moon.In an interview with Cointelegraph, Taihuttu recalls how it felt to own almost nothing but Bitcoin, 6 years ago:“I…

Tokenized portfolios are gaining momentum as an effective way for everyday consumers to gain exposure to major cryptocurrencies without owning them directly. Instead, they own shares in a fund in the form of tokens.Here, Tokenbox.io co-founder and managing partner Vladimir Smerkis explains a little bit more about how they work.1. What makes tokenized portfolios so…

On Sept. 6 Bitcoin (BTC) price crumbled below $20,000 and the asset looks ready to undergo further decline in September due to a strong U.S. dollar and an ominous technical analysis pattern.Bitcoin eyes $15,000 nextFrom a technical perspective, Bitcoin risks dropping to $15,000 or below in the coming weeks after breaking out of its prevailing…