Tether CEO to take ‘cautious’ approach to US expansion, eyes larger profits
“For the moment we need regulatory clarity and guidance,” says Tether CEO Paolo Ardoino.
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Bitcoin just regained a key price trendline after its longest absence since March 2020
Bitcoin (BTC) may be consolidating at $47,000, but longer timeframes show just how significant this week's mini bull run has been.According to the Golden Ratio Multiplier (GRM) metric, on March 27, BTC/USD reclaimed an essential support zone for securing further upside.Bitcoin exits trendline slump that beat March 2020GRM is a long-term observational metric for Bitcoin…
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Crypto lender Nexo wants to sue Bulgaria after office raids
Nexo platform has reportedly experienced massive outflows amid the news on office raids and an ongoing investigation against the firm. 282 Total views 16 Total shares Own this piece of history Collect this article as an NFTTroubled cryptocurrency firm Nexo is planning to sue the Bulgarian government in the aftermath of massive raids at the…
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Experts: Gold outflows are pushing Bitcoin higher
Gold's prospects seem to dim as Bitcoin's glitter 1229 Total views 7 Total shares According to multiple experts, one possible reason for Bitcoin’s remarkable recent price rise are massive investor outflows from another popular inflation hedge: gold. Spot gold swooned over the past week, falling 4.62% to $1,857. The asset previously had been surging in unison…
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Japan’s Financial Watchdog Seeks to Regulate Unregistered Crypto Investment Firms
Japan's Financial Services Agency (FSA) is considering the regulation of unregistered firms that solicit investments in cryptocurrencies, Cointelegraph Japan reports on Jan. 8.The development is reportedly a bid to close a loophole in the country’s existing regulatory framework, in which unregistered firms that collect funds in crypto rather than fiat currencies remain in a gray…
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Chinese blockchain project BSN expands to Turkey and Uzbekistan
The Chinese government-backed blockchain project, the Blockchain-based Service Network (BSN), continues expanding its global presence by setting up two new portals in Turkey and Uzbekistan.Red Date Technology, the architect behind the BSN project, has signed an agreement with Turkish consultancy firm, Turkish Chinese Business Matching Center (TUCEM), to launch two international BSN portals in Turkey…
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Binance to suspend ETH and ERC-20 deposits and withdrawals during Merge
The cryptocurrency exchange will look to provide stability during Ethereum's Merge with the Beacon Chain by instituting a number of temporary measures. 134 Total views 27 Total shares Cryptocurrency exchange Binance will suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens during the blockchain's transition to its proof-of-stake (PoS) Beacon chain in September.The world's…
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‘Libra Is so Screwed’ — Should Have Used Bitcoin, Says Samson Mow
Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook should have used Bitcoin (BTC) instead of developing its own stablecoin in a series of tweets published on July 16.‘Libra Can’t Be Everything for Everyone’In his tweets, Mow noted that — after watching the entirety of today’s senate banking…
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Bitcoin Cash Hard Fork Completed as First Invalid Block Detected
The planned hard fork of the Bitcoin Cash network has been completed, as the first block considered invalid by the older client version was noted by BitMEX Research in a tweet on Nov. 15.Fork Monitor detected that the block at height 609,136 was considered invalid by the Bitcoin ABC 0.19.0 client. The block was accepted…