Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.
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BTC price clears $41K as Bitcoin digests US macro data on FED FOMC day
Bitcoin traders eye BTC price levels of interest as U.S. PPI preserves declining inflation narrative ahead of Fed rates decision. Bitcoin (BTC) recovered above $41,000 at the Dec. 13 Wall Street open as eyes focused on the United States Federal Reserve.BTC/USD 1-hour chart. Source: TradingViewPPI target beat comes hours before Fed rate moveData from Cointelegraph
White House and SEC chair oppose FIT21 bill ahead of House vote
The House of Representatives is set to vote on H.R. 4763, but U.S. President Joe Biden and SEC Chair Gary Gensler oppose the crypto-focused legislation.
Nigerian activist receives local support in legal fight to use crypto
This lawsuit comes amid the Nigerian government’s increasingly hostile stance toward cryptocurrencies.
Linux-Targeting Cryptojacking Malware Disables Cloud-Based Security Measures: Report
A new cryptojacking malware has the ability to disable cloud-based security measures to avoid detection on Linux servers, research by information security company Palo Alto Networks Jan. 17 reveals.The malware in question mines Monero (XMR) and is reportedly a modified version of one used by the so-called “Rocke” group, originally discovered by cybersecurity firm Talos…
Here’s what SOC 2 compliance audits mean for crypto projects
While the audit demonstrates trust and transparency, Eric Lister from audit firm A-LIGN explained that it does not improve business systems. 190 Total views 1 Total shares While a series of global incidents severely damaged trust in the crypto space, some still hope to regain this trust by going through processes that assure compliance with…
Only Reporting Part of Your Crypto Addresses? The IRS Needs to Know
Just a few months ago in July 2019, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The letters detailed that recipients may not have reported their transactions properly, or failed to report income and pay taxes on their digital currency transactions. The IRS asked the recipients…
Ampleforth introduces ‘low-volatility’ alternative to fiat stablecoins
Coinbase Ventures provided $1 million in funding for the new digital asset that tracks the Consumer Price Index, offsetting inflation.
Bitcoin Falls Under $4,000 as United States Oil Rises
Tuesday, March 26 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time, as Bitcoin (BTC) has fallen under $4,000 again.Market Visualization Courtesy of Coin360Bitcoin is down over a percent on the day, trading at around $3,967, according to CoinMarketCap. Looking at its weekly chart, the current price…