Crypto News Today
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From bitcoin futures ETF speculation to macro insecurity, the arguments for autumn being bitcoin season get stronger and stronger.
Tonga could be the next country to adopt BTC as a legal tender as a politician in the country as indicated interest in drafting a Bitcoin bil.
So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail.
Wences Casares: "I think that there's going to be more upside in percentage terms over the next five and 10 years than we've seen in the last five and 10 years. So people anchor and they look back and say, Oh my God, I missed that train.' No one has missed the train. Most people will wish they bought Bitcoin under half a million dollars.
Faced with an inherently unequal financial system, those who have the most to lose by continuing the status quo are acting in their self-interest to explore alternative options like Bitcoin.
A futures-based ETF, if approved, could bring more buying pressure for the CME futures.
Cardano price predictions are heating up as Grayscale calls the ADA coin 'undervalued' when compared to the blockchain network giant Ethereum.
Bitcoin surged on Wednesday to its highest level in five months, as market sentiment continued to improve due in part to news a hedge fund controlled by billionaire investor George Soros trades bitcoin. Bitcoin was last up 6.3% at $54,750. According to reports on Wednesday, Soros Fund management confirmed at a Bloomberg summit that the fund is trading bitcoin.
Mike Novogratz heralds the start of its '4th-quarter rally'.
Cryptocurrency is increasingly gaining in prominence as a payment method among a small yet growing set of businesses in the formal and informal economy in India.
JST, FTX say big move could have involved short squeeze. Fairlead still sees reasons to be cautious on Bitcoin price.
The results showed that most Indians who own cryptocurrency are in the age bracket of 21 to 35 and live in metro cities. Although Kantar claims that this is the first such survey in the country, registration data from crypto exchanges and service providers paints a slightly different picture.
El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano, in a first for the country. Bukele indicated in his tweet Friday that the mining project was still a work in progress and that they are in the process of "testing and installing" new mining equipment.
The Biden administration is considering ways to impose bank-like regulation on the cryptocurrency companies that issue stablecoins, according to people familiar with the matter, including prodding the firms to register as banks.
Powell comments, technical levels among reasons cited for move. Digital currency gains after its worst monthly drop since May.
Bitcoin bounced off 100-dma and is forming base around $40k. Powell says he had “no intention” on banning cryptocurrencies.
"I'm still pretty optimistic for a fourth quarter in crypto, but I think we have some more chop to go through," he told CNBC on Wednesday.
BeePool, the fourth-largest Ethereum mining pool will shut down operations following Beijing's anti-crypto posture.
The price of Cardano’s Ada soared this summer as it again became the third-largest cryptocurrency by market capitalization. WSJ explains what drove the surge.
It is a Nobel prize-winning diversification strategy.
Hoskinson cites projects like voting and payment systems. Cardano’s ADA is third-biggest crypto after Bitcoin, Ether.
Sponsors say stablecoins are safe, but regulators are concerned about potential risks to financial stability.
Driver 1: Risk-On/Risk-Off Appetite. Driver 2: Industry-Wide Factors. Driver #3: Asset-Specific Drivers.
China's central bank says crypto transactions are illegal. Officials vow to root out illegal mining of digital assets.
Concerned about the potential for a digital-era bank run, the Treasury Department is working on an oversight framework for the fast-growing sector.