Donald Trump silent on World Liberty Financial, team unveils WLFI token
Donald Trump didn’t share any details about his family’s new crypto platform during his 45-minute talk on X, but the team later revealed that a token would be launched.
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Signs the Bitcoin hashrate is starting to move away from China
The U.S. is slowly increasing its share of the Bitcoin hashrate. 2172 Total views 27 Total shares Although the majority of Bitcoin mining is still based in China, there are signs it is beginning to shift elsewhere.Chun Wang, the co-founder of one of Bitcoin’s largest mining pools, F2Pool, reported that China represented less than half…
Bitcoin Price Drops Sharply Below $10K, Marking New Weekly Low
The price of Bitcoin (BTC) has dropped dramatically today, falling by $600 at 6:00 p.m. UTC on Aug. 28.In the course of an hour, the Bitcoin price sank from $10,269 to $9,630, but is currently attempting to stage a recovery. At press time the coin is trading at $9,721.Bitcoin price. Source: Coin360Bitcoin’s current position marks…
South Korean Presidential Committee Recommends Allowing Bitcoin Derivatives
The South Korean Presidential Committee on the Fourth Industrial Revolution (PCFIR) has recommended the government to allow financial institutions to launch cryptocurrency-based financial products.Local English-language news outlet BusinessKorea reported on Jan. 6 that the committee recommended products such as Bitcoin (BTC) derivatives to be allowed as part of a strategy for the institutionalization of cryptocurrencies.Crypto…
CTFC slammed for ‘blatant regulation by enforcement’ over Ooki DAO case
The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics. 181 Total views 11 Total shares The Commodities Futures Trading Commission (CFTC) has sparked strong criticism from the community after filing a federal civil enforcement action against members of…
US Court Dismisses SEC’s Claims That Blockvest Sold Unregistered Securities
A U.S. court has dismissed claims from regulator Securities and Exchange Commission (SEC) against decentralized blockchain-based assets exchange Blockvest, court documents released Nov. 27 confirm.The SEC suspended Blockvest’s Initial Coin Offering (ICO) via an emergency court order in October, with a subsequent legal battle ensuing over whether or not the firm’s BLV tokens were in…
Mainnet launch and NFT sale lift Aavegotchi (GHST) to a new all-time high
Non-fungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin creator Charlie Lee comparing the current spike in NFT interest to the ICO mania of 2017. The recent pullback in the cryptocurrency market hit decentralized finance tokens (DeFi) pretty hard but as Bitcoin price recovered the $50,000, DeFi…
Bitcoin’s compound annual growth is ‘an unheard-of’ 200% CAGR
Bitcoin (BTC) has delivered returns which are “unheard of” in history and ultimately leaves Tesla stock in the dust. That’s according to fresh data from on-chain monitoring resource CaseBitcoin, which this week delved into Bitcoin’s astonishing compound annual growth rate (CAGR).BTC hodling: 10 years, 5,200,000% returnsA familiar phrase among crypto and traditional investors alike, CAGR is…
Market Overly-Focused on Ethereum’s Constantinople Hard Fork, Says Report
The market was too focused on the Ethereum’s (ETH) Constantinople and Serenity (Ethereum 2.0) hard forks, overshadowing more important upgrades, according to a recent report by cryptoassets trading firm Cumberland Research shared with Cointelegraph.The Constantinople hard fork is an update to the ETH network, which encloses separate Ethereum Improvement Proposals (EIPs) in order to pave…