Ukrainian authorities have raided an allegedly illicit crypto farm in the country. According to an official announcement from the Security Service of Ukraine, the facility was located on the former premises of JSC Vinnytsiaoblenergo, an electricity supply company. The illegal crypto miners concealed their activities by manipulating electricity meters to steal electricity from JSC Vinnytsiaoblenergo. …
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Following its approval for a Nasdaq listing, Canadian Hive Blockchain Technologies has bought more than 3,000 Bitcoin (BTC) mining rigs to get involved in the Bitcoin mining shift from East to West. Purchased from Digital Currency Group subsidiary Foundry Digital LLC, the 3,019 MicroBT M30S miners acquired as part of the deal are already located …
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Young British investors are taking on large financial risks to get their hands on Bitcoin (BTC) and Dogecoin (DOGE), according to a new poll by market research firm Opinium. Opinium surveyed 1,000 UK citizens between 18 and 29 years old from June 21st to June 25th. ADVERTISEMENT The results of the survey show that …
Widely followed Bitcoin (BTC) analyst Will Clemente says the leading cryptocurrency is gearing up for a massive move. The emerging analyst tells his 136,000 followers that he’s looking at an indicator which suggests that Bitcoin is about to escape its tight range, just above $30,000, in the coming days. ADVERTISEMENT “Bitcoin Volatility Index – …
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Bitcoin (BTC) starts a new week in familiar territory — crucial support is back, but bulls have not yet got their breakout. Could that soon change? After reclaiming $33,000 on Friday, BTC/USD has held on to the trading corridor it had been in before last week’s brief volatility. That involved a dip to $32,000 on …
Continue reading “Countdown to Grayscale’s big BTC unlock: 5 things to watch in Bitcoin this week”
According to a July 11 report from The Korean Economic Daily, the group’s banking unit, Woori Woori Financial Group has become the latest major South Korean financial institution to announce it will launch digital asset custody services. Bank, is partnering with Bitcoin-based fintech solution firm, Coinplug, to establish a digital asset custody joint venture, dubbed …
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A Russian expatriate and former professional sailboat racer, Katie Ananina, Plan B Passport — a firm that brokers citizenship through investment schemes for tax-haven nations that don’t impose capital gains on crypto holdings to wealthy investors. According to a July 11 report from CNBC, Plan B brokers hundreds of passports for predominantly western clients each …
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Popular crypto analyst and trader Michaël van de Poppe is mapping out bullish scenarios for Ethereum, Litecoin and two additional altcoins as Bitcoin continues to trade in a narrow range. Van de Poppe tells his 351,900 followers in a new tweet that he’s keeping a close watch on Ethereum against Bitcoin (ETH/BTC). ADVERTISEMENT According …
Last week Axie Infinity’s AXS token went on an impressive parabolic run and hit a new all-time high at $19.60. Small Love Potion (SLP), a token in the Axie Infinity (AXS) ecosystem that is minted through gameplay as a reward to users, also broke out with a triple digit gain. SLP can then be used …
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A recently formed cryptocurrency company with $10 billion in capitalization is gearing up to go public. Bullish Global, a subsidiary of blockchain software company Block.one, launched in May with $10 billion in funding from high-profile investors that include billionaire Peter Thiel’s Thiel Capital and Founders Fund, hedge fund manager Alan Howard, and crypto investment firm …
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Crypto trader and influencer Lark Davis says he’s bullish on Bitcoin, Ethereum and one more large-cap altcoin. In a new video, Davis says that despite Bitcoin being 50% away from its all-time high of $64,804, his outlook on the flagship digital asset hasn’t faltered, and he remains bullish on the king crypto. ADVERTISEMENT “…my …
Senator Elizabeth Warren (D-MA) says that the lack of regulation in the cryptocurrency markets is ‘unsustainable’. The Massachusetts Democrat says in a letter to the Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, that cryptocurrency exchanges should be regulated similarly to securities exchanges. ADVERTISEMENT “As the cryptocurrency markets continue to grow …
Bitcoin (BTC) price is still range-bound and traders are searching for signs that may provide insight about the next directional move. Philip Swift, the creator of analytics resource LookIntoBitcoin, pointed out on July 9 that the Puell Multiple rebounded “out of the green zone of this week” only for the fifth time in history. Swift …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, CAKE, FTT”
Top crypto analyst and influencer Nicholas Merten is predicting when the Bitcoin bull market will top out. In a new video, Merten tells his 463,000 subscribers that when taking a look at previous Bitcoin bull markets, it does not appear that we are anywhere close to a top for the flagship cryptocurrency this cycle. “Eleven …
Crypto analytics firm Santiment is revealing some of the behavior of Bitcoin’s largest whales, and what it could mean for the market as it trades sideways. Santiment tells its 78,000 Twitter followers that Bitcoin’s biggest whales, or entities with more than 100,000 Bitcoin (BTC), now own 3.64% of the total supply, which is a 27-month …
