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In the United States, the state of Wyoming passed a bill that will allow for cryptocurrencies to be recognized as money on Jan. 31, according to the state legislature website.On Jan. 18, Wyoming legislation presented the bill, which would help to clarify the classification of cryptocurrency.As reported by Cointelegraph earlier this month, the bill will…

Surging BTC outflows from centralized exchanges suggest the Bitcoin markets could be in an accumulation. 174 Total views 5 Total shares The number of Bitcoin held on centralized exchanges has consistently fallen since late May, with roughly 2,000 BTC (worth roughly $66 million at current prices) flowing out of exchanges daily.Glassnode’s July 12 Week On-Chain…

Bitcoin (BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sees flash dip below $23,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming off its latest highs at just below $24,000 on the day.These, while Bitcoin’s…

Bitcoin mining stocks usually follow BTC’s price because it directly influences the company's earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in the month of December. The downturn after FTX's collapse worsened with the bankruptcy filings of the largest U.S.-based Bitcoin mining company, Core Scientific.During this time, other mining…

Major United States cryptocurrency exchange Coinbase had bought blockchain intelligence startup Neutrino for $13.5 million, according to an acquisition contract reportedly obtained by Bitcoin Magazine on Wednesday, Mar. 6.The legal document, whose authenticity has not been independently verified by Cointelegraph, is dated Feb. 15, and it reportedly provides the exact amount of the two firms’…

Microsoft, Tencent and 16 other Web2 giants have partnered with Consensys on its mission to decentralize the Infura network — the key point of access to Ethereum for much of the decentralized finance (DeFi) sector.The partnerships aim to increase decentralization on the Infura network — key to preventing outages of the Web3 services that leverage

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.A lot of crypto investors have lost a staggering amount of…

Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of the Canadian gold miner Barrick Gold suggests that Warren Buffet is not confident about the future health of the U.S. and global economy.Morgan Creek Digital…

Changes made to the public Application Programming Interface (API) of major cryptocurrency exchange Binance seemingly reveal that the company is working on implementing margin trading.A Reddit user brought the API changes to public attention on March 20 after they were updated last week, noting that the Binance public API response differs from what it should…