The ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web …
Yearly archives: 2021
FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86M, Attorneys Claim Fed’s Raid ‘Unconstitutional’
The Federal Bureau Investigation (FBI) is under fire for an alleged unconstitutional seizure of 800 safety deposit boxes in Beverly Hills. According to reports, the FBI confiscated $86 million in cash, jewelry, and thousands of gold and silver bars. Box holders and their lawyers are calling out the federal law enforcement agency for lacking sufficient …
A new milestone for Bitcoin, COVID hits conference, Buterin’s DOGE payday: Hodler’s Digest, June 6–12
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bill to make Bitcoin legal tender passes in El Salvador …
Nexo in Miami: Crypto interest account giant talks DeFi, institutional adoption
Nexo believes that in the long run, regulation will help crypto more than hurt. While decentralized finance has stolen the show with big-number headlines over the past year — the closely-watched Total Value Locked (TVL) figure notably growing nearly 800%, rising from $20 billion at the start of 2021 to $157 billion at May peaks …
Continue reading “Nexo in Miami: Crypto interest account giant talks DeFi, institutional adoption”
VORTECS Report: When this indicator lights up, LUNA, MATIC and EGLD usually gain 10%
Compounding modest gains is a key strategy for successful crypto traders — LUNA doesn’t have to go to the moon to help profits rocket. Consistency is not generally a hallmark of crypto asset price movements. In a market characterized by volatility, outliers often become the norm — while even macro analysis of large cap assets …
GME and AMC stock surge may impact crypto meme coins, BTC not so much?
GME and AMC push to greater highs on the back of memes as correlations with crypto begin to emerge. This year, stocks like the movie theater chain AMC Entertainment and video game retailer GameStop (GME) have been the vehicle for individual retail traders to show their dissent against the so-called “free market.” Starting in late …
Continue reading “GME and AMC stock surge may impact crypto meme coins, BTC not so much?”
Tron (TRX) Hits a New Milestone of 5.26M Daily Active Users
Tron’s daily active users have hit a new all-time high of 5.26 million At the same time, Tron’s total daily transaction count has also hit a new all-time high of 6.22 million Unique addresses on Tron have also reached an all-time high of 38.58 million The 200-day moving average is currently providing TRX with adequate …
Continue reading “Tron (TRX) Hits a New Milestone of 5.26M Daily Active Users”
Internet Computer (ICP) Community Now Controls 60% of its Voting Power
Internet Computer (ICP) is in the hands of the community which controls 60% of the network’s voting power The DFINITY Foundation and the Internet Computer Association will never hold more than 50% of the network’s voting power The community will gather more voting power as more tokens are distributed ICP has dropped out of the …
Continue reading “Internet Computer (ICP) Community Now Controls 60% of its Voting Power”
Basel Committee Proposes Differentiating Regulation of Crypto Assets Based on Risks to Banks
The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational risks to banks. Cryptocurrencies, such as bitcoin, will be subject to “a new conservative prudential treatment.” Crypto Regulation Proposed by Basel Committee on Banking Supervision The Basel Committee has proposed …
Texas Announces State-Chartered Banks Can Provide Cryptocurrency Custody Services
The Texas Department of Banking has announced that state-chartered banks can provide cryptocurrency custody services. “The Texas Department of Banking believes that the authority to provide these services with respect to virtual currencies already exists,” the banking authority said. Texas State-Chartered Banks Officially Authorized to Offer Crypto Custody Services The Texas Department of Banking issued …
Continue reading “Texas Announces State-Chartered Banks Can Provide Cryptocurrency Custody Services”
Thailand Bans Meme Coins, Fan Tokens, NFTs From Trading on Crypto Exchanges
The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens (NFTs), are prohibited to trade on crypto exchanges. Thailand Sets New Rules for Crypto Exchanges, Banning Certain Types of Cryptocurrencies The Thai Securities and Exchange …
Continue reading “Thailand Bans Meme Coins, Fan Tokens, NFTs From Trading on Crypto Exchanges”
Ethereum Price Prediction: ETH/USD Breaches Southward Slightly
Breaches Southward Slightly – June 12The market operation between Ethereum and the US Dollar breaches southward slightly at the recent lower range zone of $2,500 to now trade around $2,334 line at a reduction of -0.84 percent. Breaches Southward Slightly: ETH MarketKey Levels:Resistance levels: $3,000, $3,500, $4,000Support levels: $2,000, $1,800, $1,600 ETH/USD – Daily Chart …
Continue reading “Ethereum Price Prediction: ETH/USD Breaches Southward Slightly”
$288K BTC price ‘still in play’ says PlanB as Bloomberg champions Bitcoin halving
Bitcoin would “surprise” the stock-to-flow creator if it fails to return to its forecast trajectory, with three years still to go until crunch time. Bitcoin (BTC) can still hit an average price of $288,000 in the next three years, confident analyst PlanB has said after BTC/USD shed 7% on June 12. In a tweet on …
Continue reading “$288K BTC price ‘still in play’ says PlanB as Bloomberg champions Bitcoin halving”
Forecasting Bitcoin price using quantitative models, Part 4
An intellectual attempt to estimate Bitcoin’s price, corrected according to the hash rate metric. This is Part Four of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value of scarcity, Part Two — the market moves in bubbles, Part Three — …
Continue reading “Forecasting Bitcoin price using quantitative models, Part 4”
Bitcoin Taproot upgrade finally locked-in, activation set for November
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November. The Taproot upgrade has achieved the first significant milestone on the road to activation as 90% of the Bitcoin (BTC) mining hash rate signaled for the protocol improvement within the current difficulty …
Continue reading “Bitcoin Taproot upgrade finally locked-in, activation set for November”