Longing for liquidity — 5 things to know in Bitcoin this week

May 22, 2023
The Last Cryptocurency
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The Generalitat de Catalunya (Government of Catalonia) has revealed a plan for blockchain tech implementation in its public administrative activity, according to the official press release July 24. The Generalitat de Catalunya, an official governmental institution of the Spanish autonomous community of Catalonia, will promote blockchain technology “with the aim of improving digital services to…

Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength

The relief rally in the United States equities markets took a breather this week as all major averages closed in the red. Traders seem to have booked profits before the busy economic calendar next week.The S&P 500 index dropped 3.37%, but a minor positive for the cryptocurrency markets is that Bitcoin (BTC) has not followed…

Crypto-friendly gaming giant Tencent considering Ubisoft buyout: Report

The Guillemot family and Tencent would likely take the company private if the deal happens.

US lawmaker proposes bill aimed at limiting Fed’s ability to issue CBDC

Having the Fed require users to open accounts to access the benefits of a digital dollar would put it "on an insidious path akin to China’s digital authoritarianism," according to Tom Emmer. 425 Total views 12 Total shares Minnesota Representative Tom Emmer has announced he will be introducing a bill intended to prevent the Federal…

Report: Crypto Industry Giants Bitmain and Huobi to Layoff Staff

Cryptocurrency mining giant Bitmain and major crypto exchange Huobi have reportedly confirmed plans to lay off staff amid the 2018 price rout of the crypto markets. Hong Kong English-language newspaper South China Morning Post (SCMP) reported on the layoffs on Dec. 26.Beijing-based Bitmain Technology, which has dominated the mining hardware manufacturing horizon this year, is…

Bitcoin Price Flash Crashes by $700 in Minutes Back Below $12K

The top 20 cryptocurrencies are seeing mixed movements as Bitcoin (BTC) suddenly flash crashed in minutes from $12,300 to as nearly $11,600.Market visualization. Source: Coin360Nevertheless, Bitcoin price is still currently up by 1.5% on the day, trading at around $11,813 at press time, according to Coin360. Looking at its weekly chart, the coin is up…

IBM Reveals Two Further Blockchain Patents for Security And Database Management

Multinational computing giant IBM is adding to its stack of blockchain patents with two new applications, the United States Patent and Trademark Office confirmed, publishing documents on March 5.According to one patent document, IBM now seeks to target network security using blockchain technology. A second patent focuses on database management using the tech.“Securing a data…

Keep dreaming! Options data suggest $560 Ethereum price won’t happen

This week Bitcoin (BTC) and Ether (ETH) prices reached new highs as a slew of bullish news continued to pump investors’ hope that the next crypto-bull market will mirror the one seen in 2017. Many novice traders simply follow spot prices on the major crypto exchanges to gauge the direction price might take. However, reviewing options…

UNESCO and Netherlands design AI supervision project for the EU

The United Nations’ UNESCO and the Dutch government launched a new project for supervising AI to help create a framework for the wider EU area. 55 Total views 1 Total shares The United Nations and the Dutch government announced plans for the creation of a framework for the ethical supervision of artificial intelligence (AI). On Oct.

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