Federal agencies are missing the mark on celebrity crypto endorsements

Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines. Local sources report that authorities from the city of Baoshan in the Chinese province of Yunnan are escalating efforts to crack down on Bitcoin miners, ordering electricity producers to cease…

The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second-largest blockchain after Ethereum (Terra), the depeg contagion seems to be spreading wider. While UST has completely depegged from the U.S. dollar, trading at sub $0.1 at the time of writing, other stablecoins…

BTC price dipped below $46,000 after seeing highs north of $48,500 earlier in the day. Leading altcoins also turned lower. 2240 Total views 32 Total shares Bitcoin (BTC) and the broader cryptocurrency market turned lower later in the day on Dec. 31, erasing intraday gains to cap off a highly successful year on a weaker…

Evolve Funds Group Inc has received approval to list its Bitcoin ETF. The new asset will trade under the ticker symbols “EBIT” and "EBIT.U" and provide direct exposure to BTC. 1355 Total views 9 Total shares North America’s second Bitcoin (BTC) exchange-traded fund received regulatory approval on Tuesday, offering another potential entry point for institutional investors…

Despite an eventful year fraught with crypto collapses and price drops, Steven Goulden, a senior research analyst at crypto trading firm Cumberland has pointed to several “green shoots” to break the surface in crypto in 2023. In a 14-page “Year in Review” report released on Dec. 24, Goulden said he saw four “emerging narratives” in…

On Oct. 14, Wilshire Phoenix investment firm released its Efficient Price Discovery report, which detailed how CME Bitcoin (BTC) futures impact Bitcoin price discovery.The firm concluded that "CME Bitcoin futures contribute more to price discovery than its related spot markets." And the researchers also suggested that:"CME Bitcoin futures have grown to become significant, this is…

Medical professionals have developed ways to track and store personal health data securely within the blockchain. 226 Total views 4 Total shares Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way…

Brian Armstrong urged crypto proponents to "contact their congressman, donate to pro-crypto candidates, show up at town halls" in an effort to achieve clear rules for crypto. 324 Total views 5 Total shares Own this piece of history Collect this article as an NFTBrian Armstrong, the chief executive officer of United States-based cryptocurrency exchange Coinbase,…

“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains.Despite that, the incumbent CEO of Binance cuts the figure of a man reveling in the challenges ahead. Speaking to Cointelegraph just two weeks after taking over from outgoing CEO Changpeng 'CZ' Zhao, Teng seems to