Sen. Lummis proposes US government purchase 5% of total Bitcoin supply

Bitcoin (BTC) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI prints classic bull signalData from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly overnight into Tuesday, going on to pass $44,000.A classic relative strength index (RSI) breakout, this…

Avalanche (AVAX) price is down more than 30% in April, but despite the negative price move, the smart contract platform remains a top contender for decentralized applications due to its scalability, low-cost transactions and its large footprint in the decentralized finance (DeFi) landscape.AVAX token/USD at FTX. Source: TradingViewThe network is compatible with the Ethereum Virtual…

The report highlights the merits of EIP-1559 as a tool for making ETH a deflationary cryptocurrency and potentially better store of value than Bitcoin. 878 Total views 24 Total shares Australian university researchers have questioned Bitcoin’s reputation as the best store of value network in cryptocurrency, with Ethereum on track “to becoming the world’s first…

While it’s encouraging to see that the number of female crypto investors is on the rise, women participation within the blockchain technology sector remains low. This was recently confirmed in a report from the World Economic Forum, which found that the COVID-19 pandemic has pushed back gender parity by an entire generation. Vesselina Ratcheva, new economy…

Soramitsu CEO Makoto Takemiya described blockchain companies as the “barbarians at the gate,” storming the World Economic Forum 2022. On the second day of Global Blockchain Business Council's (GBBC) Blockchain Central Davos 2022, Cointelegraph’s editor-in-chief, Kristina Lucrezia Cornèr moderated a panel discussion focusing on the direction that the financial industry is going. Panelists included the co-founder…

The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $6.5 billion on Dec. 17. That figure represents a three-fold increase from 90 days ago and is proof that the market has grown significantly in the past 6-months. Bitcoin options total open interest. Source: cryptorank.ioInvestors must keep in mind that even…

Head of international policy at Chainalysis explains why crypto is not a silver bullet for evading international sanctions. 213 Total views 9 Total shares As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to…

In an interview filmed during the World Economic Forum in Davos, Daniela Barbosa gives the floor to enterprise blockchains and the future of currencies. 176 Total views 5 Total shares For Daniela Barbosa — general manager of blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger — digital currencies and cryptocurrencies…

The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition. 452 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe United States Securities and Exchange Commission (SEC) has filed a “limited objection” to…