Regulatory pressures continue to have an effect on the most popular countries to mine cryptocurrencies. A move by the Iranian government to cut off the power supply to local Bitcoin (BTC) miners grabbed headlines in June amid a soaring price gain by the preeminent cryptocurrency. As Bitcoin surged to prices not seen since 2017, a […]
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Bitcoin vs. altcoins: Why some cryptocurrencies are more overpriced than others. The cryptocurrency community is no stranger to accusations of crypto being a bubble. As far back as 2014, media pundits were referring to the bursting of the Bitcoin (BTC) bubble, with a Financial Times article from September of that year even containing the ill-fated […]
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Most of the top 20 cryptocurrencies are reporting moderate gains on the day as Bitcoin approaches the $11,500 mark once again. Saturday, July 6 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $11,500 mark. Market visualization courtesy of Coin360 […]
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Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain. Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain in a blog post published on July 5. Per the announcement, users of the wallet can now store, send […]
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Iranian Assistant Minister of Trade says that US Congress is trying to stop BTC mining in Iran. Saeed Zarandi, Iranian Assistant Minister of Industry, Trade, and Supply, said that US Congress is working to stop Iran’s access to cryptocurrencies and Bitcoin (BTC) mining, as reported by local news service Al-Fars on July 6. According to […]
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Jeremy Allaire, CEO of payments company Circle, said that Facebook’s Libra will run in a closed-loop permission scheme, requiring a different regulatory approach. Jeremy Allaire, co-founder and CEO of payments company Circle, said that Facebook’s Libra will run in a closed-loop permission scheme that has its own requirements for regulation during an interview with Bloomberg […]
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A trading bot has stolen over $1 billion from synthetic asset platform Synthetix, but the error was quickly fixed, with no users affected… When Ethereum-based synthetic asset issuance platform Synthetix, which allows users to mint and trade synthetic currencies in a peer-to-peer fashion, lost track of more than 37 million synthetic Ether (sETH) on June […]
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American investor Anthony “Pomp” Pompliano explains his investing strategy and skepticism towards fiat currency. American investor and co-founder of Morgan Creek Digital Assets Anthony “Pomp” Pompliano explained his investing strategy and skepticism towards fiat currency in an interview with Cointelegraph on July 5. When asked whether he thought that putting 50% of his wealth into […]
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Crypto markets are down on the day, with almost all coins in the top 20 down from 1% to 5% and bitcoin trading below $11,000. Friday, July 5 — the top-20 digital currencies by market capitalization are trading in the red zone, with only Chainlink (LINK) seeing daily gains, according to data from Coin360. Market […]
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What are the critical levels to watch on bitcoin? Let’s study the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided […]
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