US Bitcoin reserve has pundits in tailspin as Trump inauguration looms

Institutional demand for Bitcoin and other crypto assets has waned due to the bear market. 880 Total views 8 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDigital asset manager Osprey Funds has reportedly laid off most of its staff since the summer, underscoring the ongoing operational challenges posed by crypto’s enduring…

On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has reached its highest level since early November, hitting $9K for the first time in 2020. BTC USD daily chart. Source: TradingViewThe upside move brought the price above the…

The republic still allows the import of crypto mining rigs despite the ban. 1264 Total views 16 Total shares The Republic of Abkhazia is witnessing a surge in crypto mining activities despite crypto-related activities being illegal since 2018. Customs have reported that mining hardware worth over $589,000 has crossed the border over the past six…

European Union doubles down on commitment to investing in blockchain technology. 1615 Total views 12 Total shares The European Commission is inviting tenders for the European Union blockchain pre-commercial procurement, or PCP.In general, a PCP is a public sector purchase of research and development services to adapt new or emerging technology to its needs.This PCP…

Allaire also sees political moderation as the best scenario for continued crypto development. 1466 Total views 16 Total shares One of the leaders in U.S. crypto is optimistic that the space will grow under the administration of Joe Biden governing from the middle. Jeremy Allaire, CEO of Circle, took to CNBC's Squawk Box on Monday to…

2022 has been an exceptionally rough year for the crypto market, and the last few months of Bitcoin’s (BTC) price action could be a sign that bears aren’t even close to being ready to let up. Crumbling crypto prices also equate to diminishing profits for Bitcoin miners and this week’s regulatory action by the United…

The funding will be used to further develop zkSync v2, which is currently live on testnet. 64 Total views 10 Total shares Matter Labs has announced a major new funding round to further develop the second version of its Ethereum-based rollups, zkSync.On Nov. 9, Matter Labs announced it had secured $50 million in a Series…

Memes and fan tokens were the order of the day after a Coinbase Pro listing sent SHIB and CHZ to significant gains. 1427 Total views 4 Total shares The token prices of Shiba Inu (SHIB) and Chiliz (CHZ) jumped 33% and 26% respectively on Wednesday, following the announcement of the pair’s listing on Coinbase Pro.Inbound…