Czech $7B Bitcoin reserve proposal sparks criticism over BTC volatility

Researchers from Carnegie Mellon University have released a study into the privacy features of Monero (XMR) and Zcash (ZEC) — arguably the two most-popular crypto assets purporting to offer users anonymity.The report finds that Monero’s introduction of strict security and anonymity requirements on its broader ecosystem has maintained the asset’s status as “effectively untraceable.”Transversely, the…

Ethereum ETFs in the US face significant outflows, contrasting Bitcoin ETFs, which continue to attract investments.

The price of Bitcoin suddenly dropped below $60,000 days after the Coinbase public listing. 3928 Total views 15 Total shares The price of Bitcoin (BTC) declined below $60,000 on April 17 after a strong rally throughout the past week in anticipation of the Coinbase public listing on Nasdaq.However, after the COIN listing, which is the…

Ethereum Classic (ETC) reached its highest level in almost three weeks Wednesday, buoyed by Barry Silbert-backed Digital Currency Group's $50 million investment and by an overall cryptocurrency market recovery led by Bitcoin (BTC).The 17th-largest cryptocurrency by market value traded as high as $63.19 — a nearly 98% rise from its June 22 low of $31.91.…

The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades. 674 Total views 41 Total shares The United States Federal Open Market Committee (FOMC) concluded two days of meetings Wednesday with a widely anticipated announcement of an interest rate hike of 50 base points, or 0.5%.…

Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain. 47 Total views 2 Total shares Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, contributing capital investment, expertise and parts.  As part of the joint venture, Bitmain will contribute to…

Prediction can be a bit of a gamble. And when cryptocurrency and blockchain are involved, it wouldn’t be surprising to see people shying away from scrying experiments of any sort. Blockchain gets a bad rep because of its relation to Bitcoin (BTC), the cryptocurrency that many love to hate due to its apparently volatile value. But…

More than 7,000 people have signed a new petition against drafted cash restrictions in Australia, different drafts of which include and exclude digital currencies from proposed limits.Earlier this week, Robert Barwick, director at the Citizens Electoral Council of Australia, initiated a petition against the proposed "Currency (Restrictions on the Use of Cash) Bill 2019" recently…

Thailand’s financial regulator has told a cryptocurrency exchange to cease advertising and warned citizens not to use it due to legal uncertainty, the Thai Securities and Exchange Commission (Thai SEC) reported Tuesday, Nov. 13.In the release, the Thai SEC said it had not officially endorsed Q Exchange, a joint Thai and South Korean venture, within…