No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price
It’s a slow grind for long-term holders with no significant macro top or bottom in sight, the Reserve Risk metric suggests. Go to Source Powered by WPeMatico
Month: January 2022
Russian Finance Ministry submits crypto regulatory framework for review
The ministry envisions crypto users executing transactions through banks and proposes to distinguish between qualified and unqualified holders. Go to Source Powered by WPeMatico
Crypto infrastructure firm Fireblocks valued at $8B following $550M raise
Extreme market volatility for assets like Bitcoin and Ether hasn’t stopped venture capital from pouring billions into blockchain businesses. Go to Source Powered by WPeMatico
Crypto tax calculator CoinTracker valued at $1.3B following $100M raise
Crypto tax reporting was a contentious topic in the U.S. last year as Congress passed the Infrastructure Investment and Jobs Act. Go to Source Powered by WPeMatico
Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K
Bitcoin “isn’t shouting for bullishness” below $37,500, fresh analysis says, as the Federal Reserve’s latest comments deliver little direction. Go to Source Powered by WPeMatico
US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors
A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but did not provide them with the agreed-upon bitcoin. Fraudulent Bitcoin Seller Going to Jail The U.S. Department of Justice (DOJ) … Read more
SEC reportedly probing crypto lending products by Gemini and Celsius
The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services which are often considerably higher than most saving banks. Go to Source Powered by WPeMatico
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon, the central bank’s lead Jerome Powell said the committee … Read more
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity. Power Utility Takes Crypto Miners to Court … Read more
Dvision Network 2nd LAND Sale to Be Held on OpenSea and Their Native Marketplace
PRESS RELEASE. Not too long ago, Dvision Network had successfully initiated their LAND sale, and now it is time for the second sale to commence as the first month of 2022 nears its end. On January 27th, 11:00 AM UTC, the Polygon Ecosystem will witness the Dvision’s second LAND Sale via Dvision Marketplace and the … Read more