2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000
Data suggests $34,000 was the bottom and BTC’s recent performance could be a sign that traders are beginning to open fresh longs. Go to Source Powered by WPeMatico
Month: January 2022
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work to tackle the climate crisis — not to mention the harmful impacts cryptomining has on … Read more
Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. Go to Source Powered by WPeMatico
Altcoins rack up 30% gains as Bitcoin price chases after $39,000
DerivaDAO, TLOS and Bonfida rallied by 30% as traders view Bitcoin move above $38,000 as a signal to go long on BTC and select altcoins. Go to Source Powered by WPeMatico
Ariva (ARV) Announces Milestone Partnership With World Tourism Forum Institute (WTFI) and Global Tourism Forum (GTF)
PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, has announced a partnership with World Tourism Forum Institute and Global Tourism Forum. This is a significant development and will place Ariva at the forefront of the tourism industry. Ariva reveals key partnership Ariva will be leveraging its collaboration with World Tourism Forum Institute and … Read more
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: Report
Restricting the number of spectators at the major international sporting event will “likely further delay the mass adoption of the digital currency,” according to the Foundation for Defense of Democracies’ Craig Singleton. Go to Source Powered by WPeMatico
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion. FTX Series C Fundraise Brings Firm’s Valuation to $32 … Read more
Report: Bitcoin mining network accounts for 0.08% of world’s CO2 production
In addition to environmental metrics, the U.S. now accounts for 49% of the world’s Bitcoin cash rate. Go to Source Powered by WPeMatico
Indian parliament’s agenda includes crypto training session, leaves out bill banning digital assets
The Cryptocurrency and Regulation of Official Digital Currency Bill does not appear as one of the 15 bills the government body will consider during its next session. Go to Source Powered by WPeMatico
Is the bottom in? Institutional crypto funds record second week of inflows
Despite extreme fear in the market, institutional investors appear to be re-accumulating Bitcoin using dedicated funds. Go to Source Powered by WPeMatico
