Exxon Mobil – a major multinational oil and gas corporation – is considering leveraging Bitcoin mining to make an even greater profit from excess oil production. The company may take its gas-to-Bitcoin pilot to multiple countries, after already using 18 million cubic feet of gas per month for this purpose. A Clever Use for Bitcoin...Read More
Fidelity Exchange Traded Products GmbH has listed two new Bitcoin exchange-traded products (ETPs) in the US dollar and Swiss franc on the Swiss stock exchange, SIX. Fidelity Lists Two Bitcoin ETPs on SIX With the new listing, investors using SIX now have access to 133 crypto ETPs and a total of 208 products based on...Read More
As the war between Russia and Ukraine continues and Western sanctions loom over the former, the country might accept Bitcoin for oil payments, according to some reports. Pavel Zavalny, deputy for the United Russia party in the 7th State Duma of the Russian Federation, was quoted saying that the country might accept Bitcoin for oil...Read More
Bitcoin 2022 has released another high-profile speaker to its A-list of business, industry, and political leaders who will address the tens of thousands of anticipated Bitcoin Experience attendees. Best-selling author, Dr. Saifedean Ammous will address and engage the Bitcoin faithful at the Miami Convention Center this April 6-9. Dr. Saifedean is known for his engaging...Read More
Bitcoin made another large move above $42,000 gaining huge bullish momentum, but still lag an inch to attain the required levels. It is not the first time the star crypto has ranged high, but each time failed to sustain. Despite breaking through these levels for the ‘nth’ time in a row, the set still appears...Read More
Today, the Central Bank of Honduras (CBH) assured that for now, the country has no intention of following in the footsteps of El Salvador, extinguishing the FOMO sparked by rumors about the possible adoption of bitcoin as a legal tender in the Latin American country. According to the statement, The Central American country maintains a...Read More
Retail and institutional investors will have to wait further for the $1 billion Bitcoin Bonds as El Salvador has postponed its planned offering. Amidst geopolitical turmoil, the country’s Finance Minister Alejandro Zelaya said they would wait for favorable conditions in the financial market, and the hold-up be could be as late as September. Unfavorable Market...Read More
Bitcoin price is currently showcasing a huge potential of breaking through the consolidation as the asset may breakout anytime from now. With the breakout, the BTC price is expected to surge beyond $45,000, maybe before the end of Q1 2022. Therefore, expecting a bullish start for the next quarter, the BTC price is primed to...Read More
The crypto market has started off the week, in a rather sluggish way. BTC fails to make further gains but is holding ground above $41K. ETH too is trying to inch towards $3K resistance level. Most other coins follow the same trend. The charts show that Bitcoin (BTC) and Ethereum (ETH) are about to end...Read More
Sophie Gilder – Head of Blockchain and Digital Assets at Commonwealth Bank of Australia (CBA) – revealed that the financial institution could start offering more cryptocurrency services to clients. She further disclosed that the organization seeks to double the size of its blockchain team in the months to come. ‘Crypto is Here to Stay’ Australia...Read More
Following the launch of Russia’s “special military operation” against Ukraine, which turned out to be an all-out war, NATO, the EU, and other countries decided to take a different approach and impose sanctions against Russia’s leaders and its economy instead of getting directly involved in the conflict. But it wasn’t just governments that went in...Read More
Bitcoin went on the offensive yesterday, hitting $42,000, a near 10-day high, after dropping to $40,000 the day before. Today’s altcoins have also turned green, with Ethereum aiming for $3,000 and Avalanche surging by more than 9%. While updating his forecast on top cryptos Bitcoin (BTC) and Ethereum (ETH), a leading crypto expert claims that...Read More
The worldwide cryptocurrency market capitalization increased 0.16 percent to $1.88 trillion in the last 24 hours, but trading volumes declined 14.95 percent to $82.43 billion. The overall volume in DeFi is currently $14.37 billion, accounting for 17.43% of the entire 24-hour volume in the crypto market. The overall volume of all stablecoins is now $68.30...Read More
Bitcoin price, throughout the past week, maintained a significant uptrend after flipping from the lower support. Currently, testing one of the crucial levels from the last trading day, the asset may witness a slight pullback. These levels are also important because the resistance level around $41,900 is also the neckline for the formed double-bottom pattern....Read More
Last week, global investment bank Credit Suisse made a radical prediction: that the dollar’s era as the world reserve currency is coming to an end and that commodity money – such as gold – will rise to replace it. This week, BitMEX co-founder Arthur Hayes builds on those predictions. He, too, believes that hundreds of...Read More
The cryptosphere’s yearn for a bull run, now finds possibilities, as the industry tends to recover from its setbacks. Wherefore, investors now eye on the star crypto Bitcoin, in hope of it retracing its path to the bulls. Successively, folks from the crypto town are analyzing the foot movements of Bitcoin and its price projections...Read More
Examining crypto’s usage in Ukraine, sanctions, and the Biden Executive Order Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey There’s a gravitational shift taking place within our industry. Since Russia’s shocking invasion of Ukraine, crypto has been: used to crowdfund tens of millions for the Ukrainian...Read More
The global cryptocurrency market has gained traction in the last 24 hours, with no recent bearishness, breaking the recent trend. The worldwide cryptocurrency market has continued to rise, with gains of 5 percent in the last 24 hours. BTC is currently near the upper confines of the $33,000-$44,000 band that it has been trading inside...Read More
US Attorney Dena J. King announced that law enforcement seized $547,000 worth of bitcoin from a criminal who conned an elderly person last year. The officials will return all funds to the victim. Cracking Down a Crypto Scam In its latest efforts to fight fraudulent activities involving cryptocurrencies, American officials confiscated more than $500,000 in...Read More
Deloitte believes Bitcoin and cryptocurrencies can help deliver a payment system that is fast, secure, effective, can facilitate efficient cross-border transactions, but there are challenges to overcome first. In the latest study called ‘State-sponsored cryptocurrency,’ Deloitte provided a fresh perspective of a central bank’s digital currency by revamping the traditional fiat system and adapting Bitcoin’s...Read More
After weeks of debates and delays, the EU has voted against banning the use and mining of proof of work digital assets, such as bitcoin and ether. CryptoPotato reported earlier the Markets in Crypto Assets (MiCA) framework developed by the European Union, which had one rather threatening note that sought the de facto ban of...Read More
Some regulatory bodies worldwide are becoming more oppressive and hostile towards Bitcoin and digital assets. This has been exacerbated by the Russian invasion of Ukraine, as policymakers mistakenly think that the former will suddenly switch to using cryptocurrencies. Other watchdogs are growing concerned about the excessive energy demands of proof-of-work Bitcoin mining (though it still...Read More
Santiment, a popular on-chain data provider, tweeted that trader mood is improving for three of the top ten digital currencies: Bitcoin, BNB, and XRP. However, according to the research, trading sentiment for Polkadot (DOT) has deteriorated even worse. Advertisement XRP, BNB, BTC Price are Expected to Rise Sentiment that has been weighed as of late,...Read More
The world’s richest man – Elon Musk – took it to Twitter to reveal that the company he spearheads – Tesla – is coming under pressure from the increasing inflation. He also shared his opinion on what assets it’s better to own when inflation goes up. In a recent tweet, the man behind Tesla and...Read More
As the Quarter-end is approaching very close, huge volatility may be expected to record either a bearish or bullish close. The star crypto, Bitcoin has diminished price variations to a large extent from the past couple of days. Moreover, the asset is unable to clear the mandatory levels along with $39,500, despite multiple attempts. Therefore,...Read More
Advertisement Proponent expects BTC price breaking out of the wedge for a leg-up by mid April. Industry foresees the possibility of launch of Bitcoin spot ETFs amidst optimistic executive order. The global crypto market is now curious over what the second quarter of the year holds for the business. As the business now sails in...Read More
The Lower House of Russia’s Parliament – State Duma – has reportedly called upon establishing a regulatory framework on cryptocurrencies rather than imposing a blanket ban on them. The authorities joined the likes of the Finance Ministry, which urged for the same thing. The Never-Ending Saga Earlier this year, the Bank of Russia – the...Read More
According to a recent report, some of the notorious Mexican drug cartels are increasingly using bitcoin for their illicit operations. Among these organizations are Jalisco New Generation Cartel and Sinaloa Cartel. Drug Kingpins Turn to Bitcoin Despite their various merits and numerous proponents, cryptocurrencies have their opponents, too. Those often claim that criminals use bitcoin...Read More
The Financial Conduct Authority (FCA) of Britain has ordered that all Bitcoin cashpoints in the country be shut down. ATM providers recently received an order from the watchdog to cease operations, or risk facing enforcement action. Weeding Out Money Laundering Bitcoin ATMs allow holders of cash to independently convert their cash into Bitcoin, or vice...Read More
The crypto market yet flipped viciously when a strong bullish path was about to be set up. Bitcoin which was on the verge to rise above $40,000 was pulled back close to $38,000 yet again. No doubt the price quickly regained its position above $39,000. But still lags a strong push which may escort the...Read More
