Improving Bitcoin price metrics highlight bears’ dwindling confidence in sub-$95K BTC

The day the crypto traders have long-awaited is almost here. At the opening bell on Oct. 19, a ProShares futures-based BTC ETF is scheduled to launch and analysts are predicting that additional ETFs will rollout over the coming week. Data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt by bears to drop…

After United States President Donald Trump first mooted a $1 trillion stimulus package for the U.S. economy in the wake of the coronavirus outbreak, people were shocked at what seemed like a gargantuan amount.As Cointelegraph reported a few days later on March 25, a bipartisan deal has been agreed for twice that figure and it…

The Bank of Japan insists it has no immediate plans to issue a digital yen, but research into the potential of CBDCs continues apace. The Bank of Japan has appointed its top economist to lead a team tasked with accelerating its research into central bank digital currencies (CBDC).According to a July 31 Reuters report, Kazushige…

Blockchains have relied on proof-of-work (PoW) validation since their inception. Yet the PoW consensus proved to be unsustainable with its high energy usage and its need for fast, powerful hardware creating high barriers to entry. That’s why blockchains are adopting proof-of-stake consensus algorithms (PoS), where those wanting to earn rewards don’t have to compete against…

The firm claims it will be able to identify XMR used for illicit purposes to support criminal investigations. 646 Total views 12 Total shares Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin Monero.In a Nov. 20 blog from CipherTrace, the firm…

In talks with stakeholders, Minister Ashwini Vaishnaw aims to finalize the Indian government’s AI deepfake regulations in the coming weeks. 804 Total views 4 Total shares India is formulating regulations to oversee deepfakes, the country’s Minister for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw said on Nov. 23, expanding on Prime Minister Narendra Modi’s

KPMG’s new tools should help crypto services firms in complying with regulations. 652 Total views 19 Total shares Big four auditing firm KPMG launched a cryptocurrency management suite with analytic features.According to a June 22 announcement, the new KPMG Chain Fusion suite is meant to allow financial technology companies to more easily offer crypto asset…

Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule. 1347 Total views 21 Total shares BitGo, one of the world’s largest Bitcoin (BTC) transaction processors, is integrating a new API into its crypto wallet service to support the Financial Action Task Force’s travel rule.BitGo told Cointelegraph on July…

The diversified location of Bitcoin mining facilities following China’s crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says. 376 Total views 2 Total shares China’s regulatory crackdown on cryptocurrencies continues to alienate major miners. Dubai-based investment company IBC Group reportedly plans to end Bitcoin (BTC) and Ether (ETH) mining…