Low Bitcoin and Ethereum fees may not necessarily be good news

Bitcoin (BTC) starts a new week in all-too-familiar territory with all-time highs just out of reach.After a positive weekend, the largest cryptocurrency has avoided a deeper price dip than that seen last week, and $50,000 has stuck as support. What next?Cointelegraph takes a look at five factors which may shape Bitcoin price action in the…

Christie’s to auction its first purely digital work by Mike “Beeple” Winkelmann through an NFT marketplace. 2214 Total views 12 Total shares British auction house Christie’s has announced the auction of its first ever “purely digital work of art." Announcing the news Tuesday, Christie’s said that the NFT artwork will be issued in partnership with…

The government of Kazakhstan shut down the internet after the cabinet resigned amid major anti-government protests. 1269 Total views 25 Total shares Kazakhstan, which boasts the second-largest (BTC) mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests.Network data provider NetBlocks reported Wednesday that Kazakhstan was “in the midst of…

“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP. 1832 Total views 5 Total shares Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart…

Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry. 2160 Total views 5 Total shares Seattle-based mining software company Luxor has closed a Series A funding round led by institutional Bitcoin technology and financial services firm NYDIG.Luxor announced the $5 million funding round on June 9, adding that…

CleanSpark announced it had increased its treasury holdings by 567% when compared to the same period last year.

For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.

Does Bitcoin finally have an advocate at the highest levels of government? 2115 Total views 28 Total shares In an interview with the ABC News program GMA3: What You Need To Know on Friday, senator-elect Cynthia Lummis again voiced her support for the popularization of Bitcoin, going so far as to say that she does…