Crypto markets continue to tumble as Bitcoin slips below $33K.
Summary: CoinShares’ Chief Strategy Officer has warned that governments are going to try to ban Bitcoin and other cryptocurrencies Evidence of such attempts can be seen in the EU’s sentiment against Proof-of-work networks The same applies...
Summary: Bitcoin could find a floor at $28k based on its correlation to the S&P 500 $28k also happens to be close to Bitcoin’s current Metcalfe value of $29k Bitmex’s Arthur Hayes had previously warned of...
Summary: The US Treasury Department has sanctioned a cryptocurrency mixer for the first time Blender.io has been added to the OFAC’s SDN list for assisting in illicit transactions that pose a threat to the United States...
Summary: Robinhood has listed the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE) Yesterday, Grayscale filed Form 10 registration statements with the SEC for Grayscale Horizen Trust, Grayscale Stellar Lumens Trust, and Grayscale Zcash...
Summary: The head of crypto at Revolut has left the firm less than six months into the role The move comes as Revolut is gearing up to push new crypto products into the market The vacant...
IMF raises concerns over the adoption of BTC in the Central African Republic.
Quick summary: Microstrategy CEO, Michael Saylor, has said that the proposed Bitcoin and crypto regulation based on energy use in New York is damaging to the environment, reputation, and economy of the state Mr. Saylor sees...
Summary: Michael Saylor’s Microstrategy could face a margin call on its debt if Bitcoin drops below $21k However, the company is prepared to add funding to their existing position Microstrategy recently secured a loan of $205...
The United States Securities and Exchange Commission seems willing to approve a spot ETF if adequate surveillance measures are in place. A footnote in a recent letter said as much, saying that it would overcome concerns...
Summary: Crypto twitter member @cryptofelon has narrated how he bought a website domain for $16 and later sold it for $500k to a crypto exchange He purchased the domain in 2017 and sold it in September...
Quick take: Riot Blockchain has announced that it plans to develop a 1 GigaWatt Bitcoin mining facility in Navarro County, Texas The facility is part of its Bitcoin mining and hosting expansion plans, aptly named ‘The...