Long-term Bitcoin holder buys hit $10B mark as price slips below $60K

Washington’s Chelan County Public Utility District (PUD) has proposed a new electricity pricing structure for cryptocurrency miners meant to pass down the cost of increased electricity demand, Central Washington radio station KPQ reported Nov. 14.The article cites Lindsey Mohns, the Customer Utilities Rate Adviser, explaining the difference between the current and proposed electricity pricing systems,…

Secretary-general Ruenvadee Suwanmongkol said the commission will be offering a free training course for investors who have no experience trading in cryptocurrencies. 515 Total views 11 Total shares Thailand’s Securities and Exchange Commission has clarified its guidelines to stipulate that those trading cryptocurrencies in the country should have some foundational knowledge.In a Facebook Live video…

Bitcoin (BTC) treaded water below $28,000 on May 9 as markets prepared for macroeconomic data releases.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin stays muted on eve of CPIData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting near $27,700 at the day’s Wall Street open.The pair had seen deeper losses the day prior, with a…

The two most traded nonfungible token collections vie for the top spot in sales with BAYC in the lead, according to OpenSea. 1984 Total views 26 Total shares The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69…

The launch of cBridge Version 1.0 comes with a user interface and node software. 242 Total views 3 Total shares Layer-two scaling platform Celer Network has officially launched the mainnet version of cBridge, a multi-chain network that gives users the ability to more easily swap assets across multiple blockchains. With cBridge, users can instantly transfer tokens…

Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet. 202 Total views 38 Total shares Trading volume on three major Indian crypto exchanges plummeted 72.5% on average since July 1, when a 1%…

Coinbin, the South Korean cryptocurrency exchange that took over hacked exchange Youbit, has filed for bankruptcy owing users almost $30 million, correspondence from the company confirmed on Feb. 20.Coinbin, which acquired Youbit in 2017, is closing operations as the result of embezzlement from a senior executive, local media including English-language resource Business Korea subsequently reported.“We…