Strongest US dollar since 2022 bear market: 5 Things to know in Bitcoin this week

Reports are trickling in via social media and mainstream news outlets, but so far, we haven’t seen any official confirmation.

Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000). 144 Total views 11 Total shares A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial…

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Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June. 625 Total views 14 Total shares Sequoia Capital China, the Chinese affiliate of cryptocurrency-friendly venture capital firm Sequoia Capital, is about to raise $9 billion for its four new funds focused on Chinese startups.In…

Sunday, Dec. 2: the top 20 cryptocurrencies are mostly in the red, according to data from Coin360, after a modest recovery yesterday, Dec. 1. Despite the mild losses, Bitcoin (BTC) is still holding just above the $4,000 mark.Market visualization from Coin360According to data by CoinMarketCap, Bitcoin is in the red, steadily descending below the $4,100…

A D.C. court ruled that Bitcoin is money during a recent legal case, although the classification in this context already exists under legal expectations in much of the country. 916 Total views 10 Total shares A recent Washington D.C. court case saw a man prosecuted on multiple counts for running a Bitcoin (BTC) tumbler —…

Some may argue that the Metaverse has been around for years, as demonstrated by early gaming platforms, yet virtual ecosystems are now being embraced by almost every industry. A recent report from consulting firm McKinsey & Company believes that the Metaverse has the potential to generate at least $5 billion in value by 2030. McKinsey…

The cryptocurrency exchange is looking to create a “culture of repeatable innovation” following the successful launch of its public offering last week. 2010 Total views 12 Total shares United States cryptocurrency exchange Coinbase has announced a new project aimed at increasing innovation in the nascent blockchain industry. Project 10 Percent will see Coinbase divert 10% of…

Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Chop then breakout "makes sense" for BitcoinData from Cointelegraph Markets Pro and TradingView tracked a swift decline for BTC/USD around the start of trading, with…