Lightning Network value directly correlated to Bitcoin price: Report

United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. To illustrate, one prominent crypto personality bet big bucks on the future of the U.S. economy: the former Coinbase executive recently paid out $1.5 million to settle a Twitter wager…

The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit. 

The United States federal government is expected to raise its blockchain spending to $123.5 million by 2022 — an over 1,000% increase as compared with the $10.7 million it spent in 2017. The forecast was made in a report from IDC Government Insights, published on April 18.IDC states that blockchain spending among state and local…

Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated around $40 million. 2096 Total views 20 Total shares American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track.Released last week, “Sorry Not Sorry” features a collaboration with DJ…

The global equity markets are reeling under pressure as the coronavirus outbreak has spread outside China. While gold, the traditional safe haven, has been moving higher, Bitcoin has largely remained range-bound. This again puts focus on the frequently discussed perspective that Bitcoin is a completely uncorrelated to traditional markets. Sometimes it rallies with the equity…

The United States Securities and Exchange Commission has obtained a temporary asset freeze against Utah-based crypto company Digital Licensing Inc, accusing the firm of perpetrating a $50 million fraudulent crypto scheme.On Aug. 3 the SEC announced it had obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., which was…

Celsius is expected to grow its assets under management by 25% annually through 2025, according to Alpha Sigma Capital. 486 Total views 7 Total shares Using 2020 financials obtained from Celsius, Alpha Sigma Capital has determined that the crypto company has an implied value of $3.13 billion, which is approximately three times greater than its…

BTC derivatives show moderate bullishness, paving the way for further gains above $70,000.

Cathie Wood’s ARK and crypto investment firm 21Shares are tripling down on their attempt to get approval to create a spot Bitcoin ETF in the U.S. 176 Total views 13 Total shares Own this piece of history Collect this article as an NFTCathie Wood’s ARK Invest and European crypto investment firm 21Shares are seemingly unperturbed…