Has Russia really ‘legalized’ cryptocurrency mining?

Bitcoin (BTC) hit $40,000 on Jan. 7 in the latest psychologically significant milestone for cryptocurrency bulls.BTC price crushes the $30,000 corridor in record timeData from Cointelegraph Markets and TradingView confirmed BTC/USD officially hitting dizzying new highs during trading on Thursday, bringing weekly gains to more than 40%.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewIn just one of…

This week’s cybersecurity news from around the crypto space covers bug fixes, phishing scams, crypto exchange hacks and more.

It seems $600,000 a coin is the minimum target for analysts over at Ark Invest, who believe Bitcoin will match and then surpass the market capitalization of gold. 3895 Total views 17 Total shares Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably eclipse” that of gold, and exceed $10 trillion, reports the…

Crypto investors are scratching their heads this week, as a key indicator suggests that Bitcoin is about to take center-stage once more — even as Cointelegraph Markets Pro subscribers had the opportunity to take major profits on altcoins such as Rally (RLY), Polygon (MATIC) and Ampleforth (AMPL).Since Markets Pro was launched in January, the Altseason…

A transaction on the Ethereum blockchain is technically initiated by an external account owner (not a contract). For example, if User A sends 1 Ether (ETH) to User B, the action of debiting from one account and crediting to another changes the blockchain’s state.The change specifically takes place on the Ethereum Virtual Machine (EVM). Ethereum…

The Manhattan district attorney has indicted a group of individuals with allegedly selling drugs and laundering millions of dollars with bitcoin (BTC). The development was announced in a press release published on April 16.Manhattan District Attorney Cyrus R. Vance, Jr., the United States Secret Service, the U.S. Postal Inspection Service (USPIS), and U.S. Homeland Security…

As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation. 703 Total views 14 Total shares This week, United States lawmakers and regulators have stolen much of the spotlight once more. The cryptocurrency-related provisions of the infrastructure bill, a tiny grain of sand in the grand scheme of…

The International Monetary Fund (IMF) said it plans to use its ongoing research and experimentation with blockchain as an “anchor” for its future policy on the technology in comments Nov. 12.Speaking on a panel with Ripple CEO Brad Garlinghouse during the Singapore Fintech Festival 2018, IMF Deputy General Counsel Ross Leckow highlighted three areas the…

On this week’s episode of The Market Report, Cointelegraph’s resident experts explain what is going on with banks collapsing, stablecoins depegging and what you should do to stay safe. 2730 Total views 5 Total shares Own this piece of history Collect this article as an NFTThis week on The Market Report, the resident experts at…