Watch these BTC price support levels as Bitcoin tumbles below $64K
Bitcoin’s short-term holder cost basis is crossed in a rare show of weakness as BTC price action fails to find support.
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Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO
Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November.
Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of funds
Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million ($215 million Canadian) owed to creditors. According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim distribution of funds tied to bankruptcy proceedings will be scheduled "in…
UAE regulators pave way for crypto and blockchain adoption, says legal expert
While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently enacting its vision of becoming a blockchain capital by providing frameworks to guide crypto businesses on how to operate in accordance with the laws.Jurisdictions…
Bitcoin Hash Rate Tag Hits New Record 8 Days From Halving
Bitcoin’s hash rate has set a new record just eight days from the halving and six weeks after crashing by 40% over two weeks. 1826 Total views 50 Total shares After the mid-March price crash led to a brief exodus of miners operating older hardware, the Bitcoin (BTC) hash rate posted a new all-time high…
‘Buy Bitcoin’ Says Expert as Argentina Imposes $10K Limit for Citizens
Argentina has reimposed capital controls, limiting citizens’ and businesses’ freedom to buy foreign currency.As Bloomberg reported on Sep. 1, the increasingly troubled South American nation took the step as the Argentine peso (ARS) suffers overwhelming losses against major fiat currencies such as the U.S. dollar.Argentina puts $10K limit on dollar accessArgentina has shown an affinity…
New York Assemblyman Announces Creation of ‘First’ US Cryptocurrency Task Force
An assemblyman of the New York state (NYS) legislature announced in a Facebook post on Jan. 3 that the state will have the nation’s “first” cryptocurrency task force.In the post, Clyde Vanel, an NYS assemblyman and Chair of Subcommittee on Internet and New Technologies, stated that New York became the first state in the United…
Top Coins Trading in The Green After Major Drop-Off Yesterday
Wednesday, Nov. 21: It seems as if the recent drop-off in markets has slowed, with almost all the top 20 cryptocurrencies seeing green today.Market visualization from Coin360Bitcoin’s (BTC) losses yesterday totalled more than 15 percent, though the coin has managed to bounce back into the green today, up 3.12 percent on the day and trading…
Decentralizing the grid: Operators test blockchain solutions
The world’s energy market is rapidly evolving, moving from hydrocarbon plants to a future centered around clean energy enabled by wind and solar power. As such, today’s energy market is shifting to an increasingly decentralized, real-time model based on distributed energy resources (DERs) including battery energy storage systems, solar arrays, natural gas generators and more. Recent findings…