A Fundstrat investor note has said BTC could hit $180,000 before the upcoming block reward halving in April 2024, and an Indian analyst thinks World War III has already begun, expecting the BRICS economic bloc to merge with the Shanghai Cooperation Organization (SCO). In other news, the United States Securities and Exchange Commission (SEC) is seeking permission to file an interlocutory appeal in…
French Regulator Revises Crypto Rules to Align With EU’s MiCA Law – Regulation Bitcoin News
August 14, 2023
France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services…
The world’s leading cryptocurrency exchange, Binance, has selected Liquid as an identity verification partner for its Japanese platform. The services of the Tokyo-headquartered biometrics firm will allow Binance Japan to ensure its know-your-customer (KYC) procedures…
NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections – Markets and Prices Bitcoin News
August 14, 2023
In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $60.23 million, a modest 0.98% climb from the week before.
The past week marked a small uptick in NFT sales, rising…
Former SEC Official Warns 'Crypto Regulatory Onslaught Will Never End' – Regulation Bitcoin News
August 14, 2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that “crypto regulatory onslaught will never end.” He claimed that cryptocurrency trading platforms, like Binance and Coinbase, are simply playing “a short game of regulatory…
Bitcoin was back in the green to start the weekend, after bulls rejected a breakout below $29,000 during Friday’s session. The cryptocurrency continues to hover around a key support level, without either bulls or bears taking control. Ethereum was also marginally…
Latam Insights — Argentine Peso Touches Historic Lows, Tether Dominated the Brazilian Market – Bitcoin News
August 14, 2023
The Argentine peso sank to historic lows this week, reaching an exchange rate of 605 pesos per U.S. dollar. Economic analysts linked this accelerated devaluation with the uncertainty surrounding the general ballotage held on Sunday, where Argentines elected their candidates for the next elections.
Mateo Reschini, a research analyst for Inviu, explained that big capitals preferred to secure their…
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On January 3, 2009, Satoshi Nakamoto mined the Genesis Block on a small server in Helsinki, Finland, and received a reward of 50 bitcoins, which marks the beginning of crypto mining.
From CPU to ASIC
In Satoshi Nakamoto’s initial vision, mining could be…
Report: Biden Administration 'Crypto Tsar' Says DOJ will Target Digital Asset Exchange Platforms
May 17, 2023
According to Eun Young Choi, the head of the crypto unit at the U.S. Department of Justice (DOJ), the United States has resolved to target digital platforms because they are making it easy for criminals and money launderers. Choi said the DOJ hopes taking action against…
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The global crypto market is expanding steadily despite recent bearish sentiments. Over 119 million people worldwide started owning cryptocurrencies in 2022, marking a 39% rise in total ownership. It reflects a growing demand for alternative payment methods and investment instruments.
More people now believe in the potential of futuristic asset classes like crypto. Particularly since…
