US Bitcoin reserve has pundits in tailspin as Trump inauguration looms

Encrypted instant messaging service Telegram has officially released a test client for its Telegram Open Network (TON), according to files posted on test.ton.org.The newly introduced archive of files available for download is a distribution of a preliminary version of the TON Blockchain Network Lite Client along with the relevant portions of the TON Blockchain Library,…

Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets. 208 Total views 5 Total shares With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’…

With Bitcoin (BTC) continuing to hold ground above the all-important $60,000 psychological threshold for two weeks running, a growing chorus of voices seems to be echoing the sentiment that the market may be in the midst of another “Bitcoin season.” This basically refers to a window of time where money flows from various altcoins back into…

A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2.Tito Mboweni — the South African finance minister — declared:“It is anticipated that, following broad industry comment and participation, the crypto assets regulatory working…

FOMO has grabbed hold of crypto speculators who have been loading up on Omicron tokens following the WHO’s naming of the latest COVID-19 variant. 2141 Total views 31 Total shares A relatively obscure cryptocurrency called Omicron (OMIC) has surged to an all-time high today as a new fast-spreading COVID-19 variant got christened with the same…

A large part of the current crypto bull run has been driven by institutional demand. But for the first time, the institutions may be stepping back. According to CryptoQuant, the Coinbase Premium Index — the difference in Bitcoin’s (BTC) price on Coinbase Pro and Binance — has turned negative, which suggests that pro traders may…

Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt. 159 Total views 35 Total shares Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi and its CEO Jason Stone on Tuesday in the…

The Chinese entrepreneur in charge of a $1.5 billion blockchain fund will seek to create up to three new stable cryptocurrencies (stablecoins) pegged to various fiat currencies, South China Morning Post reports Tuesday, September 18.Yao Yongjie, whose Grandshores Blockchain Fund has the backing of well-known Chinese Bitcoin investor Li Xiaolai and the local government of…