Spacecoin XYZ unveils plans for first-ever blockchain network in outer space
Spacecoin XYZ has unveiled its plan to launch a decentralized physical infrastructure network in outer space, which it believes will be the foundation for off-world data centers and the space economy.
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Price Analysis 6/15: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, CRO, ADA
Bitcoin (BTC) futures daily trading volume plunged sharply from about $20 billion on June 11 to about $5 billion on June 13. This is a negative sign because the volume increased during the sharp fall on June 11 but reduced during the rebound on June 12 and 13.On June 14, the top-ranked cryptocurrency on CoinMarketCap…
With crypto mining banned in Iran, local authorities seize 7K rigs
The police chief of Tehran said authorities had raided 50 locations across the Iranian capital in the last 48 hours, discovering 3,000 illegally operating crypto miners. Iranian provincial police are continuing their crackdown on crypto miners big and small, with news surfacing that they have confiscated more than 7,000 rigs at a farm operating in…
Pro traders don’t expect Bitcoin to break and hold $20,000 anytime soon
One hundred and eleven days have passed since Bitcoin (BTC) posted a close above $25,000 and this led some investors to feel less sure that the asset had found a confirmed bottom. At the moment, global financial markets remain uneasy due to the increased tension in Ukraine after this week’s Nord Stream gas pipeline incident. The…
Australian banks claim 40% of scams ‘touch’ crypto as it defends restrictions
Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto.During a panel at the Australian Blockchain Week on June 26, Sophie Gilder, managing director of blockchain and digital assets at Commonwealth Bank (CBA) shed light on the bank's restrictions on…
Blockchain Tech Could Help Tackle Coronavirus, Says Expert
An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. Syren Johnstone — executive director of the master in laws (compliance and regulation) program at the University of Hong Kong — published a post for the Oxford University Faculty of Law…
Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ICP, AAVE
In a recent CNBC survey of a group of portfolio managers and equity strategists, only 6% of respondents expect Bitcoin (BTC) to reach $60,000 in 2021. A large portion, 44% of the participants, predict Bitcoin to remain below $30,000 this year. From the remaining, 25% expect the recovery to reach $45,000 and the rest 25%…
Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee
It's not yet clear how the alleged criminal misconduct of a former employee led to a law enforcement freeze on users' funds. 396 Total views 19 Total shares On Thursday, cryptocurrency exchange Hotbit said it "suspended trading, deposit, withdrawal and funding functions," with no timeframe for resumption. In explaining the decision, Hotbit stated:"A former Hotbit…
Winklevoss Twins Believe Stablecoins, Tokenized Securities Are Future of Crypto Innovation
Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the cryptocurrency trading platform Gemini, have said stablecoins and tokenized securities will usher in a bright future for the digital currency space. The twins made their remarks during an interview on Fortune's crypto-focused news segment The Ledger on Jan 14.The twins’ air time comes as…