Coinbase will ‘happily defend’ staking in U.S. courts, says CEO
Coinbase executives claim that staking is not a security under the US Securities Act or Howey test. Go to Source Powered by WPeMatico
Month: February 2023
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal inscriptions has risen as … Read more
MATIC, HBAR, LDO and BIT gather strength as Bitcoin price rebounds
BTC price could remain range-bound in the near term, but MATIC, HBAR, LDO and BIT could continue higher. Go to Source Powered by WPeMatico
Crypto bank Silvergate ranks as the second most-shorted stock on Wall Street
Over 72% of Silvergate Capital Corp stocks were shorted as of Jan. 31, shows FINRA’s latest data. Go to Source Powered by WPeMatico
Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning
Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars. Anton Shkurenko, who was questioned in Moscow, denies the French charges against him that became the reason for his brief detention. Shkurenko Says Potential Case Against Him in Russia Won’t Interfere With … Read more
House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest
On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of FTX co-founder Sam Bankman-Fried prior to his scheduled testimony before the House Financial Services … Read more
Public miners increased Bitcoin production, hash rate in January
Core Scientific, Riot, and CleanSpark led the way in increasing Bitcoin production in January helped by better weather conditions and stable electricity prices. Go to Source Powered by WPeMatico
Bitcoin Network Experiences Slight Dip in Difficulty After Record High
Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after the network recorded a 14.94% increase in the last month. Bitcoin Difficulty Drops 0.49% Lower; Top Five Mining Pools Continue … Read more
Monetary policy: Definition, types and tools
Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. Go to Source Powered by WPeMatico
Ark Invest on $1.4M BTC, Possible Julian Assange-Linked File on Bitcoin Blockchain — Week in Review
Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin could reach $1.48 million per coin. In other news, a 7zip file possibly linked to activist Julian Assange was reportedly discovered in the Bitcoin blockchain, and billionaire investor Tim Draper has encouraged the government … Read more