US Treasury and UAE target North Korean digital asset launderers
Two Chinese citizens and a UAE trading company have been sanctioned by the United States for their roles in money laundering for North Korea.
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How Michael Saylor uses the time value of money to combat fiat devaluation
Michael Saylor combats fiat devaluation by investing in Bitcoin, leveraging its deflationary nature and long-term growth potential, while cash loses value due to inflation.
BTC price drops to fill Bitcoin futures gap as focus turns to $46.5K bull target
Bitcoin (BTC) traded at crucial support near $33,000 on July 5 after a weekend of gains disappeared in hours. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin futures mark fresh price targetsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing bullish performance at $35,900 to drop just over 5% on the day.The U-turn leaves Bitcoin firmly…
Swiss court gives green light for FTX to sell its European arm
The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11. 85 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to bankruptcy cryptocurrency exchange FTX, a court in Switzerland has…
Ethereum miners plot hash-power ‘show of force’ against EIP-1559
In protest of the upcoming implementation of EIP-1559, some Ethereum miners are organizing to redirect hash power to a 1559-opposed pool for 51 hours. 1725 Total views 17 Total shares Some Ethereum miners are trying to drum up support for a demonstration of force to show their opposition to the impending implementation of EIP-1559.Amid the…
Top 5 Cryptos This Week (Feb 23): XTZ, HEDG, ATOM, MKR, LTC
After numerous big companies exited Facebook’s Libra project and several regulators voiced their concerns, news about the project had taken a back seat. However, this week, the Libra Association announced that E-commerce giant Shopify had joined the network.The Libra Foundation said that Shopify, an online marketplace hosting more than one million merchants, would be an…
Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap
As the U.S. dollar challenges March 2020 highs, all bets are off when it comes to fresh Bitcoin price strength. 116 Total views 2 Total shares Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"All assets suffer" at…
Bitcoin ETF decision delayed, SEC Commissioner wonders why
In a blow for bruised Bitcoin bulls, the long-awaited NYDIG Bitcoin ETF has suffered another setback. 355 Total views 14 Total shares The United States Securities and Exchange Commission has postponed its decision to approve NYDIG’s spot exchange-traded fund (ETF) for Bitcoin (BTC), delaying until March 16.In a notice published on Tuesday, the SEC found…
Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges
From a historical perspective, the loss in value realized across the cryptocurrency market over the past several months has been one for the record books and the total cryptocurrency market cap has declined from $3 trillion to $991 million. June was especially painful for investors after the price of Bitcoin (BTC) fell nearly 40% to mark…