Bitcoin
Wall Street Bank CEOs Tell Congress They’re Unlikely to Finance Crypto Miners
The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing. Source link
Month: September 2022
Market Analysis
Market Tumbles After Russia-Ukraine War Escalation & U.S. Interest Hike
The Federal Open Market Committee (FOMC) announced a 75 basis points (bps) rate hike on Sept. 21. The Bitcoin (BTC) price fell sharply as a result. The FOMC began a two-day meeting on Sept. 20, […]
Regulation
Crypto-Linked Stocks Rally After Fed Rate Hike
Cryptocurrency-exposed stocks rose as Bitcoin and Ethereum advanced following Wednesday’s Federal reserve meeting which included a rate hike. Source link
Ethereum
Ethereum PoW Forks Fall 66% In Just Days
Data shows the Ethereum Proof-of-Work forks have sharply fallen down in the few days following the merge. Ethereum PoW Forks Have Fallen 66% In Just Five Days According to the latest weekly report from Arcane […]
Bitcoin
Why Bitcoin Price Could Bounce After Today’s FOMC Meeting
The Bitcoin price has been moving sideways over the past few days bound solely to macroeconomic factors. The benchmark cryptocurrency was rejected north of $20,000 after “The Merge” and seems poised to face volatility over […]
Market Analysis
Laguna Labs CEO slams SEC Chair Gensler’s Ethereum comments
The US Securities and Exchange Commission (SEC) Chair Gary Gensler’s recent comments about Ethereum following its switch from Proof-of-Work to Proof-of-Stake were “disappointing” and akin to ‘living in the past’. That’s how Stefan Rust, CEO […]
Politics
EU MiCA Bill Takes One More Step Towards Adoption
The European Union’s Markets in Crypto Assets (MiCA) bill has reportedly been finalized and left open for comments. While the bill has largely focused on stablecoins and has been largely silent on the non-fungible token […]
Regulation
Kraken’s Jesse Powell to Step Down as CEO of Crypto Exchange: Report
The exchange’s COO Dave Ripley will take over as CEO. Source link
Ethereum
Amid Market Rout, Crypto Miners Are Still Building
Crypto miners are still developing innovative data centres, despite a souring market that has some of them struggling to survive. Source link
Bitcoin
Nasdaq Joins BlackRock as TradFi Defies the Bear Market and Embraces Crypto
One of the main hurdles preventing mass adoption among the TradFi crowd is uncertainty around regulations. Many crypto services are already waiting on regulators for any indications of what legislation to adhere to, but the […]