The Bitcoin price prediction shows that BTC is trading at $16,837 as the coin seems to be preparing for another upward movement. Bitcoin Prediction Statistics […] Go to Source
Yearly archives: 2023
Core Scientific To Sunset 37,000 Celsius Bitcoin Mining Machines
Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto asset prices in 2022. Bitcoin …
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Three Arrows Capital Co-Founder Su Zhu Says Digital Currency Group and FTX Conspired To Attack Terra (LUNA)
The co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC) has launched a flurry of accusations despite facing legal scrutiny of his own. Zhu Su claims that the Digital Currency Group (DCG) “conspired with FTX to attack LUNA,” the native algorithmic stablecoin of Terra, that collapsed in May 2022. “They took substantial losses in the …
Analyst Predicts Rallies for Chainlink, Polkadot, Binance Coin and Two Additional Altcoins – Here Are His Targets
Popular crypto analyst Michaël van de Poppe is predicting rallies for Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Cosmos (ATOM) and SKALE (SKL). In a new YouTube strategy session, Van de Poppe tells his 163,000 subscribers that Chainlink is likely to rally after the decentralized oracle network first dips by as much as 20%. “We’re probably …
Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023
After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts. Bitcoin mining cost minimization will likely lead public miners to either go private or merge with other companies in 2023, Hash Rate Index’s Bitcoin analysts Jaran Mellerud and Colin Harper predicted. …
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Israeli securities regulator moves to establish crypto legal framework
The Israeli Securities Authority (ISA) proposes a framework for regulating digital assets as an increasing number of Israeli investors are exposed to digital assets, and over 150 companies operate in Israel, according to the regulator. The regulator released a proposal in January 2023, outlining its purpose to achieve the “double value” of responding to the …
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Bitcoin analyst identifies new key levels as Ethereum price nears 3-week high
Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $17,000 “possible” thanks to CPI print Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $16,906 on Bitstamp, up $300 from the previous day’s low. The …
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DeFi auditor nets $40,000 for identifying Uniswap vulnerability
Uniswap’s recently launched bug bounty program has led to the discovery of a now-fixed vulnerability of the protocol’s Universal Router smart contract. The automated market maker released two new smart contracts to its platform in November 2022. Permit2 allows token approvals to be shared and managed across different applications, while Universal Router unifies ERC-20 and nonfungible …
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Founder of Goobers NFTs ‘completely broke’ after gambling away life savings, investor funds
Twitch Streamer and Goobers NFT founder DNP3 confessed in a twit longer that he is now completely broke after gambling away his life savings and all funds received from investors. Earlier in September 2021, DNP3 launched Goobers NFT as a collection of 15,000 collectibles on Ethereum. So far, the collection has recorded about 968 ETH …
Celsius files motion to extend the Bar Date
Celsius filed a motion on Dec. 30, 2022, to extend the Bar Date — the deadline for all customers to file a claim. The hearing will be held remotely via Zoom for Government on Jan. 10, at 11:00 am ET. Parties that wish to appear at the hearing must make an electronic appearance through the …
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SEC files charges against CFO who embezzled money to invest in crypto
The accused depleted the stolen funds by investing in crypto and “meme stocks.” 1 min read Updated: January 4, 2023 at 7:55 am Cover art/illustration via CryptoSlate The U.S. Securities and Exchange Commission has filed fraud charges against a CFO who embezzled funds to invest in crypto, according to a Jan. 3 press release. The …
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World Economic Forum Believes Crypto Will Remain Key Technology
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a terrible year, the building blocks of the industry will continue to be “integral parts” …
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Square Enix to Deepen Its Blockchain Efforts in 2023
Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain tech, and also pondered several situations which surrounded blockchain in …
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Bitcoin Positioned for Major Move Up As BTC Could Soon Flash Big Reversal Signal: Crypto Strategist
A closely followed crypto strategist says one crucial technical indicator could signal the end of Bitcoin’s (BTC) bear market. Crypto analyst Kevin Svenson tells his 118,900 Twitter followers that Bitcoin’s weekly relative strength index (RSI), which measures the ratio of down-moves to up-moves is close to taking out its diagonal resistance, indicating that BTC bulls …
Indonesia to launch national crypto exchange in 2023: Report
As a part of its reform of crypto regulation, Indonesia will create a crypto exchange in 2023, according to reports. The platform is planned to be launched prior to a shift of regulatory power from commodities to securities authority. On Jan. 4, the head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), Didid …
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