He claims to have spent millions of his own money, only to be tossed out of the company he co-founded. Jakov Dolic, co-founder of the U.S.-based Bitcoin (BTC) mining company Layer1, has filed a lawsuit against his former business partner, Alexander Liegl. According to court documents filed on October 30, Dolic claimed that Liegl had […]
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Virtual asset service providers in the country will not be allowed to handle “dark coins.” According to a Nov. 3 announcement from South Korea’s Financial Services Commission, or FSC, virtual asset service providers will no longer be able to handle any digital assets that present a high money laundering risk. These updates were made as […]
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Bitcoin dominance is climbing as altcoins search for a new bottom in what may be the perfect set up for a BTC rally to new all-time highs. Bitcoin (BTC) has been on a tear and there’s no escaping it. But the majority of high-cap altcoins are seemingly suffering at the hands of this bull run, […]
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Various on-chain data shows that Bitcoin whales are holding onto their funds and have little interest in selling in the short term. The price of Bitcoin (BTC) is experiencing a volatile time. After achieving $14,100 for the first time since 2017, a sharp pullback followed. Yet, key on-chain data and whale clusters show that high-net-worth […]
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Communication is key, especially when it comes to explaining Bitcoin to mainstream corporate entities. Earlier this year, business intelligence giant MicroStrategy put $425 million of its treasury funds into Bitcoin (BTC). The move was largely seen as a big step in the right direction for mainstream Bitcoin adoption. MicroStrategy, with its CEO and founder Michael […]
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The price of Bitcoin rose 2% in 30 minutes as the election causes massive volatility in the U.S. stock market. The price of Bitcoin (BTC) rose by 2% in just 30 minutes right as the United States’ stock market rang its opening bell on Nov. 3. During pre-market, the Dow Jones surged by over 350 […]
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Leading exchanges are tracing suspicious crypto transactions to combat human trafficking Cryptocurrency exchanges Coinbase, Paxful, Gemini and BitFinex have all joined the Anti-Human Trafficking Cryptocurrency Consortium, or ATCC. Launched in April 2020 by the Anti-Human Trafficking Intelligence Initiative, the consortium is a nonprofit focused on intelligence sharing, best practices and the development of tools to […]
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Jeffrey Gundlach argues that Bitcoin and gold could serve to protect investors from a weakening dollar in the long term. Bitcoin (BTC) is a recommended hedge against fiat currency inflation along with gold, one of its well-known critics now says. In an appearance on Rosenberg Research’s webcast series on Nov. 2, Jeffrey Gundlach, CEO of […]
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BTC price action remains relatively stable as the network automatically takes care of higher fees and slower block times. Bitcoin (BTC) saw its biggest negative difficulty adjustment in almost ten years on Nov. 3 as the network flawlessly takes care of itself. Data from monitoring resource BTC.com showed that Bitcoin difficulty automatically readjusted by 16% […]
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The price of Bitcoin fell by 3% so far this week amid growing regulatory pressure on cryptocurrency exchanges in China and Hong Kong. The price of Bitcoin (BTC) has declined by more than 3% in the past two days. The pullback of the dominant cryptocurrency comes amid growing regulatory pressure in China and Hong Kong. […]
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