Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Cointelegraph Consulting: New stimulus checks may push Bitcoin price toward $12K
Will USA’s second round of proposed stimulus checks impact the global crypto market? 1919 Total views 14 Total shares The latest research by Cointelegraph Consulting suggests that financial stimulus packages bolster the stock market and cryptocurrencies. The first round of checks worth $1,200 were deposited directly into bank accounts on April 11. A week later,…
President of Paraguay vetoes crypto regulation law
The bill was approved by the nation's Senate in July as low-energy costs continue to boost mining activities in the country. 299 Total views 16 Total shares Paraguay's president, Mario Abdo Benítez, vetoed a bill that sought to recognize cryptocurrency mining as an industrial activity on Monday. He reasoned that mining's high electricity consumption could…
New report says Bitcoin price in ‘more sustainable uptrend’ than 2019
Bitcoin (BTC) hitting its highest in over a year was different from the 2019 bull run because exchange balances fell, a new report says.Published on Sep. 21 and seen by Cointelegraph, Delphi Digital’s Bitcoin Outlook highlights unique trends in BTC price action.Report: Bitcoin hodlers now have “longer time horizons”According to the three researchers who compiled…
Tether signs MoU to promote crypto freedom in Turkey
Stablecoin giant Tether is eager to learn about the possibilities of introducing new business lines into Turkey's banking in cooperation with the local crypto firm BTguru.
Bitcoin miners hedging with recent sell-offs – Bitfinex report
All-time high hashrates and mining difficulty indicates that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions. 41 Total views 1 Total shares Bitcoin (BTC) mining companies are employing derisking strategies by offloading Bitcoin to exchanges, according to a market report from Bitfinex.The cryptocurrency trading platform’s latest newsletter addresses…
Hong Kong Bitcoin ETF launch in ‘top 20%’, STRK scam suspect busted: Asia Express
The Hong Kong Bitcoin ETF launch was in the top 20% of launches, and 77% of local crypto holders still plan to invest: Asia Express.
Kraken CCO will join crypto exchange Bitstamp to run US operations
“We doubled our U.S. team in 2021 and expect to triple the team by 2022,” said Robert Zagotta. 299 Total views 4 Total shares Cryptocurrency exchange Bitstamp has hired Robert Zagotta, chief commercial officer of Kraken, to be the first CEO of its business in the United States. In an announcement today, Bitstamp said Zagotta would…
Blockchain.com gets regulatory nod from Singapore’s central bank
Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub. 221 Total views 43 Total shares