The key misunderstanding with China's purported BTC hashrate dominance

Bitcoin (BTC) charged above $22,000 on July 27 after the United States Federal Reserve enacted another major interest rate hike.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed: "Appropriate" to keep hiking after JulyData from Cointelegraph Markets Pro and TradingView showed BTC/USD reacting positively to confirmation that the Federal Open Markets Committee (FOMC) had unanimously voted to hike…

The company behind USDC has added a new face that could help further institutional adoption. Centre Consortium, the company behind USD Coin, has hired former State Street and JPMorgan executive David Puth as its new chief executive officer, or CEO. Centre made the announcement early Tuesday in a Medium post that praised Puth for his leadership…

The price of Bitcoin (BTC) has headed north over the last 24 hours, up over 1% at $7,272. As a result, each of the major cryptocurrencies has followed the market leader with the total cryptocurrency market cap reaching $198 billion and BTC dominance remaining steady at 67% of the total market. In other words, Bitcoin’s…

Indian police have arrested a man who was allegedly involved in promoting the Bitconnect investment scam, Financial Express reported August 18. The suspect, Divyesh Darji, is said to have been the India head of Bitconnect, the high-yield investment program that ceased its operations in January 2018 after coming under scrutiny for appearing to be a…

Wednesday, Feb. 20: following the recent wave of green, crypto markets are trading sideways today, with top 20 coins by market cap seeing mixed signals, according to CoinMarketCap.Market visualization from Coin360After briefly touching the $4,000 threshold twice over the past 24 hours, Bitcoin (BTC) is slightly down at press time. Trading at $3,971, the largest…

According to Grayscale, the Volatility Shares ETF was an “even riskier" product than Bitcoin futures ETFs, suggesting the SEC should allow its spot crypto ETF to begin trading. Digital asset manager Grayscale has filed a letter in its lawsuit against the United States Securities and Exchange Commission (SEC) over the rejection of a spot Bitcoin…

Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022. 

Just one week before the election, President Donald Trump's website was briefly defaced by crypto scammers. 980 Total views 10 Total shares One of United States President Donald Trump’s re-election campaign websites was briefly defaced yesterday, according to an Oct. 28 article on TechCrunch.Hackers managed to replace donaldjtrump.com’s usual campaign rhetoric and request for donations…

Whether a potential sell-off of shares tied to a multi-billion dollar Bitcoin (BTC) investment fund could crash the cryptocurrency's spot prices has turned into a hotly debated topic among the analysts in the space.Grayscale's premium remains negative for months The argument concerns Grayscale Bitcoin Trust, the world's largest digital assets manager that allows institutional investors to…