Ether.fi launching ‘crypto-native’ credit card on ZK-rollup Scroll
The degen-branded card is non-custodial and lets users pay by borrowing against crypto collateral, Ether.fi said.
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Galaxy Digital Founder Michael Novogratz: BTC Will Consolidate in $7,000-$10,000 Range
Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, has said that he expects bitcoin (BTC) to consolidate in the $7,000-$10,000 range, Bloomberg reports on May 30.Per the report, during a conference call discussing his company’s quarterly earnings, he noted that “on a go-forward basis, bitcoin probably consolidates somewhere between $7,000 and $10,000.”…

Republic of Georgia Exempts Cryptocurrencies From Value-Added Tax
Republic of Georgia has exempted cryptocurrencies from value-added tax (VAT), as Bitcoin.com reported on July 13.Per the report, Georgia’s finance minister Nodar Khaduri recently signed a bill aimed at regulating the taxation of entities that trade or mine cryptocurrencies. The bill entered into force at the end of June. The definition of decentralized currency that…

Flower powered: Bitcoin miner heats greenhouses in the Netherlands
A greenhouse in the Netherlands warmed with Bitcoin miner waste heat brings new meaning to the word “Dutch oven.” 1543 Total views 35 Total shares Bitcoin (BTC) mining generates a lot of “waste” heat. As energy prices spiral out of control in Europe, miners have come up with creative ways of recycling the heat generated…

FBI: Crypto Is A ‘Significant Problem That Will Get Bigger And Bigger’
Director for the Federal Bureau of Investigation (FBI) Christopher Wray testified before the Senate Homeland Security Committee at a hearing on security threats facing the United States.On Nov. 5, during the hearing before the U.S. Senate Committee On Homeland Security And Governmental Affairs, senators asked leaders from the FBI, Department of Homeland Security and the…

Top Analysts Lay Out Compelling Case for $12K Bitcoin Within a Month
The price of Bitcoin (BTC) could rise to as high as $12,000 within the next month, some traders say. Predictions for an extended uptrend emerged as the dominant cryptocurrency steadied amid declining volatility for about five days.Historically, Bitcoin tends to see large price movements following a long period of stability. For over 100 hours, the…

Barclays Leads $5.5 Million Funding Round for Blockchain-Based Invoice Exchange
United Kingdom-based international bank Barclays and technology investment firm Bold Capital Partners have led a $5.5 million funding round for fintech firm Crowdz's blockchain-based global invoice exchange, according to a press release on May 28.According to the report, the blockchain-based technology will purportedly make invoice processing more efficient by digitizing and automatizing what are traditionally…

Cryptocurrency and Blockchain News From Brazil: Oct. 28-Nov. 3 in Review
Brazil has seen another tumultuous week in the cryptocurrency industry, as the alleged pyramid scheme Atlas Quantum upsets it customers yet again, another six individuals linked to the Unick Forest crypto scheme are arrested, and the founder of A2 Trader challenges Brazilian regulators to shut down his trading website.Here is the past week of cryptocurrency…

10,000 BTC moves off crypto wallet linked to Mt. Gox hack
The crypto was dormant in the account for over seven years and with the move, a majority found its way to personal wallets. 1153 Total views 46 Total shares A crypto wallet belonging to the shutdown crypto exchange BTC-e has just moved 10,000 Bitcoin (BTC), currently worth over $165 million, to various exchanges, personal wallets,…