Nigerian crypto community raises alarm over Davido meme token
Davido has remained silent amid criticism about pump-and-dump schemes and regulatory scrutiny.
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New Siberian Bitcoin mining center set to provide 100 jobs to locals
13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors. 658 Total views 9 Total shares The governor of the Republic of Buryatia, Russia signed a decree allowing for the construction of a 13.6 acre data center in Southeastern Siberia. The facility will become home…
Bitcoin bulls respond with a $150M short squeeze above $53K — Can BTC go higher?
Roughly $150 million worth of shorts were liquidated within a span of hours as the price of Bitcoin (BTC) rose from around $47,000 to over $53,000 on April 26.The cryptocurrency market as a whole saw a strong short squeeze, as Ether (ETH), Binance Coin (BNB), and other major cryptocurrencies also rose by around 15% in…
Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.
New bill proposes US Treasury to have full authority over fiat stablecoins
The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar. 221 Total views 46 Total shares A new bill introduced by United States House Democrat Don Beyer of Virginia has proposed a far-reaching regulatory and legal framework for digital assets across the board.Entitled "The Digital…
Analysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’
Bears remain in full control of the cryptocurrency market on Jan. 24 and to the shock of many, they managed to pound the price of Bitcoin (BTC) to a multi-month low at $32,967 during early trading hours. This downside move filled a CME futures gap that was left over from July 2021.Data from Cointelegraph Markets Pro…
European crypto regulatory framework goes to three-way consideration without PoW ban
The EU parliament didn’t use its option to block the current version of MiCA that does not contain the hostile clause. 40 Total views 28 Total shares The much-dreaded prospect of a ban on cryptocurrencies that use proof-of-work (PoW) consensus is making its way into a key European digital asset directive appears to have blown…
Is Bitcoin’s record-low volatility and decline in short-term holders a bull market signal?
The latest report from Glassnode Insights, titled "The Week On-Chain," emphasized that Bitcoin (BTC) has reached historically low levels of volatility. This has led to a mere 2.9% separation between the asset's Bollinger Bands, indicating an exceptionally narrow trading range. This situation has only been observed twice in Bitcoin's history: in September 2016, when BTC traded…
How liquid staking disrupts parachain auctions on Polkadot
A crowd loan is a Polkadot (DOT) crowdsourcing event in Polkadot that allows the community to support project bids in upcoming parachain slot auctions. Users contribute DOT, receive rewards in project tokens and get their DOT back in two years (a standard slot lease duration). This mechanic helps projects raise substantial capital in DOT tokens…