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Michael Saylor Bitcoin Ether

Michael Saylor Says Bitcoin Is Stronger After the Ethereum Merge


Michael Saylor, co-founder of the business analytics company MicroStrategy finds that Bitcoin is becoming stronger after the upgrade of the Ethereum blockchain. The Ethereum Merge was finalized on Sept. 15, moving the blockchain from the Proof of Work consensus mechanism to Proof of Stake. With the...

Celsius Network stablecoin holdings

Celsius Files for a Court Approval to Sell Its Stablecoin Holdings


Bankrupt cryptocurrency lender Celsius submitted a filing with the aim to receive a court approval to sell its stablecoin holdings to receive liquidity that will help fund operators. A court filing discloses that Celsius owns 11 forms of stablecoins worth around $23 M. In a case, the judge approves...


CCI CEO backs US government plans for crypto regulation


Representatives of the American crypto business insist on the speedy legalization of the blockchain industry. Companies use a variety of channels to communicate with the government and Congress, including lobbying groups. According to the CEO of the Crypto Council for Innovation, Sheila Warren,...

Nassim Taleb crypto

Author Nassim Taleb Says Bitcoin Is a Tumor


Nassim Taleb, the author of Black Swan, said in a recent interview that creating tumors like Bitcoin hurts the economy. During Squawk Box, he expressed an opinion that we've had 15 - 14 and a half years of Disneyland that has destroyed the economic structure. According to Taleb, anyone who's...


Cryptocurrencies drop in price after successful Ethereum upgrade


The developers have successfully upgraded Ethereum, however, the network’s underlying asset, Ether (ETH), is reacting negatively to the Merge fork. The largest altcoin has fallen over 8% to $1459 in the last 24 hours. Every week, ETH's capitalization fell by almost 14% to $178.884 billion....

White House cryptocurrencies

White House Released a Report on Crypto Regulations


The Biden administration issued a framework on crypto regulations in the US. The report explores ways how the financial services industry should evolve to make borderless transactions easier and how to fight crypto crimes. It considers existing regulators like the SEC and the CFTC, but there isn't...

Gary Gensler

The SEC will offer a flexible format for registering cryptocurrencies


The SEC recommends a flexible approach to registering digital tokens as securities. A similar statement is contained in the transcript of the forthcoming speech of the head of department Gary Gensler before the US Senate. "I instructed the team to devise a technique to permit the trading of...

Ethereum Classic

Ethereum Classic hashrate soared by 200% in a month


The computing power of the Ethereum Classic network has been growing over the past few weeks. Analysts attribute this trend to the connection of miners who left Ethereum before the Merge fork. Within a month, the ETC hash rate soared over 200% from 30 terahesh per second (Th/s) to 66 Th/s....

China crypto adoption

China Is Among the Top 10 Countries by BTC Usage Despite the Ban


According to the 2022 global crypto adoption report by the blockchain data platform Chainalysis, crypto adoption slows worldwide in a bear market. However, it is still above the pre-bull market levels. Growing constantly since mid-2019, this year the total crypto adoption has leveled off. Based on...

Thailand crypto lending

Thai SEC Bans Crypto Staking and Lending Services


Thailand’s Securities and Exchange Commission has banned crypto companies from providing staking and lending services. According to the official statement, the regulator prohibits digital asset businesses to offer or support crypto depository services, including the payment of returns to...

Ethereum Merge Finalized

Ethereum Merge Completed, a New Era for the Blockchain Starts


Ethereum Merge happened on September 15, Google says. The big update was finalized a few hours ago. Ethereum co-founder Vitalik Buterin congratulated the community on Twitter, saying everyone who helped the process to come true should feel very proud today. And we finalized!Happy merge all. This is...

Robert Kiyosaki cryptocurrencies

Kiyosaki Says It's Time to Get Into Crypto Before Markets Crash


Robert Kiyosaki, the author of "Rich Dad Poor Dad," says it’s the time to join the crypto space as the biggest economic crash in history is expected. He told “Rich Dad Community” mailing list subscribers that we're going to see a catastrophic market collapse, and we need to buy...

Do Kwon arrest warrant

South Korea Released Arrest Warrant Against Terra Founder Do Kwon


A South Korean court released an arrest warrant against Terraform Labs co-founder Do Kwon, according to the Financial Crimes Unit of the Supreme Prosecutors Office. Bloomberg published a report citing an official message, which reveals the warrant included five other individuals who are accused of...


Canadian opposition led by supporter of bitcoin legalization


Over the past few years, the Canadian authorities have been considering options for the phased legalization of the cryptocurrency market. Last summer, the country's central bank announced that it was impossible to ignore the blockchain industry. It has accumulated large capital and needs...

Bitcoin mining difficulty

Bitcoin Mining Difficulty Achieved a New All-Time High


Data reveals that Bitcoin mining difficulty reached a record all-time high hitting 32.05 trillion hashes. This means that miners need to perform more than 32 T hashes to solve a mathematical puzzle and add a new block to the blockchain. After the previous estimation, the difficulty increased by...


Bitcoin has shown its biggest drop since June


Last Tuesday, Bitcoin (BTC) lost more than 10% in value - this is the strongest drop since mid-June. Sales in the stock markets did not bypass digital currencies. On the night of Wednesday, September 14, the BTC rate fell to $20,344. The capitalization of bitcoin over the past 24 hours has...

Bahrain OpenNode

Bahrain Central Bank to Test Bitcoin Payment Solution


Bahrain's Central Bank intends to release a Bitcoin payment implementation and payout solution in collaboration with the Bitcoin payment processor OpenNode. Today, OpenNode released a statement saying that it intends to provide the infrastructure to help Bahrain to grow its economy and develop...


Norway's central bank to test digital krone


Norway is on the list of countries that are developing a national digital currency (CBDC). However, unlike China, the authorities of this European state decided to initially study the potential of the token and test it within a separate economic zone. The Central Bank announced large-scale tests of...

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