Ether set for $3.2K breakout as ETH ETF inflows turn positive
Trump’s election victory has inspired more optimism among crypto analysts, with some expecting Bitcoin to breach $100,000 before the end of 2024, boosting Ether’s price along the way.
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Taiwan is Tightening Regulations on Crypto Exchanges, Possible Pressure From China?
On November 2, Taiwan officially tightened anti-money laundering (AML) policies targeted at crypto exchanges, requesting exchanges to monitor and prevent any illegal transaction processed using digital assets.According to the newly drafted Money Laundering Control Act and Terrorism Financing Prevention Act approved by the Legislative Yuan, one of the five branches of the Taiwanese government, the…
Price analysis 3/18: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin (BTC) is facing a challenging environment in 2022 due to the surging inflation and geopolitical turmoil. Although gold has outperformed Bitcoin year-to-date, Bloomberg Intelligence senior commodity strategist Mike McGlone believes that Bitcoin could make a strong comeback. McGlone expects the current circumstances to “mark another milestone in Bitcoin’s maturation.” Another bullish sign for the long…
Tom Brady and other celebrities named in class action lawsuit against FTX
Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit. 254 Total views 2 Total shares Former FTX CEO, Sam Bankman-Fried ‘SBF’, as well as a number of celebrities who endorsed FTX, have been named in a class action lawsuit filed on Nov.15 in Miami. Implicated in the class…
Thai Parliament Approves Amendments Allowing Issuance of Tokenized Securities
Thailand’s National Legislative Assembly has officially allowed the issuance of tokenized securities on blockchain, major newspaper The Bangkok Post reports on Friday, Feb. 22.The government will amend the Securities and Exchange Act, according to the article. As soon as the changes come into effect later in 2019, tokenized securities such as stocks and bonds can…
Bitcoin Starts Strongest Quarter Q2 With Price Down Just 10% YTD
Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion.That was according to the latest quarterly price data from monitoring resource Skew.com on March 31, which showed that for Q1 2020, BTC/USD is only down by around 10.7%. Bitcoin streets ahead of…
Northern Data to obtain 33K ASIC miners through Bitfield acquisition
Northern Data believes the acquisition will position it as a leading mining firm globally. 108 Total views 3 Total shares Blockchain and high performance computing firm Northern Data has announced it will acquire Bitcoin miner Bitfield. According to a Sept. 27 press release, all major shareholders signed a binding purchase agreement for the entire Bitfield…
El Salvador’s Bitcoin day: The first of many or a one-off?
On Sept. 7, in a historic first, the small Central American nation of El Salvador adopted Bitcoin as legal tender.The true significance of this day for how people all around the world exchange value and what meaning they ascribe to the concept of money will take quite some time to reify and be fully understood.…
Coinbase adds ‘ETH2’ despite tomorrow’s Ethereum upgrade postponing difficulty bomb
Cryptocurrency exchange Coinbase has added a mirrored version of the Ethereum blockchain's native token Ether (ETH) to its crypto price index, just ahead of a key network upgrade on Dec. 10.Dubbed "ETH2," the symbol appeared to have been tracking the original Ether market data synchronously. For instance, the cost to purchase ETH2 came out to…