Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO

Bitcoin (BTC) price has been showing impressive strength in the previous weeks and today the price made a new 2020 high at $13,666.This momentum was made alongside weakness in the U.S. dollar and many analysts believe that as long as the dollar remains weak, Bitcoin and other safe-haven assets will do well. However, as Bitcoin…

M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets. 85 Total views 1 Total shares The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted financial services permission (FSP) to virtual assets firm M2 to operate a multilateral trading…

A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met. Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are met. The central…

The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year. 944 Total views 32 Total shares According to The Nihon Keizai Shimbun (Nikkei), one of the world's largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan's Financial Services Agency,…

The country decided to act in advance of upcoming EU regulations that could effectively ban non-custodial wallets 61 Total views 10 Total shares In its efforts to fight money laundering risks and the possible schemes of Russian elites circumventing financial sanctions, the 2.8-million nation of Lithuania is planning to tighten its scrutiny over crypto. As the…

Analysts are speculating that the Bitcoin hash rate has seen a big spike recently as miners come back online to reap the rewards of the BTC price hike. 178 Total views 3 Total shares Own this piece of history Collect this article as an NFTBitcoin's (BTC) hash rate spiked to all-time highs of 398 exahash…

The growing number of speculators taking out Ether (ETH) loans to maximize their potential to earn forked Ether Proof-of-Work tokens (ETHPoW) has been causing headaches for decentralized finance protocols. The issue has been gaining traction over the past month or so, given that a significant number of Ether miners are expected to continue working on…

Bitcoin (BTC) miners remain under stress at current price levels as data shows large outflows from miner wallets returning.According to on-chain analytics firm Glassnode, monthly miner sales totaled up to around 8,000 BTC in September.Bitcoin miners see heavy salesIn contrast to the June lows, when BTC/USD hit its current multi-year floor of $17,600, miners are…

Bitcoin (BTC) price remains jittery and throughout this week, every relief rally is being sold into. This is a classic bear market reaction and may not end in a hurry. However, the current price action should not worry investors because the longer the time spent in a bottoming formation, the stronger the base for the…