Day: December 3, 2021

Russia to Decide Fate of Crypto Exchangers in 2022 – Regulation Bitcoin News

Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in Moscow would have to either regulate or ban such platforms. Decision on Digital Currency Exchangers in Russia Expected Next Year Considerations regarding the regulatory treatment of online exchangers working with cryptocurrencies must come to an end in 2022. That’s according to a statement by the Deputy Director of Russia’s Federal Financial Monitoring Service (Rosfinmonitoring) Herman Neglyad, quoted by Tass. At…

BITCOIN & ETHEREUM REACH NEW PRICE RECORDS | IS IT TOO LATE TO BUY?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin is trading at $68K, Ether has reached $4.8K and the total cryptomarketcap is almost at $3 trillion. The surging crypto market is driven by record-breaking inflows from institutional investors who put almost $10B in crypto last week. In other news: Discord might integrate with Ethereum, Robinhood shares fall after data security breach, New York City welcomes ‘City Coins,, Singapore to try Central Bank Digital Dollar for retail, BlockFi files a Bitcoin ETF proposal, and how crypto can ruin the stock trader’s…

Ethereum Holds Key Support, What Could Spark A Fresh Rally

Ethereum is facing resistance near the $4,600 zone against the US Dollar. ETH must stay above $4,450 to start a steady increase in the near term. Ethereum is consolidating above the key $4,450 support zone. The price is now trading above $4,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $4,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally as long as it is above the $4,450 level and the 100…

Coinbase Users Get their Crypto Stolen

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io More and more reports continue to come out about the lack of security, customer support, and problem resolution at Coinbase. This is nothing new, and has been going on for a long time. There are a few very simple preventative measures that anyone can take to ensure they don’t fall victim to the same theft that has left so many with their holdings gone forever. Swan Bitcoin: (Get $10 BTC) Ledger Wallet: My other Coinbase Videos: My Courses and Guides🍎🍎 💰My Options…

Digital dollar needs broad consensus among authorities, says US Treasury Secretary

U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. Yellen said on Thursday that she had not formed a view on whether the Federal Reserve should create a digital version of the dollar, but such a move would require broad consensus among Congress, the U.S. central bank and the White House.  This follows the recent reports that the Federal Reserve is currently researching whether an electronic version of the greenback…

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Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables – Bitcoin News

Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining machines in Texas. Now, the new partnership secures hosting for all of these machines, to be powered with renewables. Marathon Expands Mining Operations Marathon, one of the largest bitcoin mining companies in the U.S., has announced it will expand its prior…

NFT music platforms to disrupt Spotify in 2022, Saxo Bank predicts

As popular music streaming services like Spotify cut much of musicians’ revenues, new technologies like nonfungible tokens (NFTs) are likely to help artists grab back their fair share, Saxo Bank predicted. According to one of Saxo Bank’s Outrageous Predictions 2022: Revolution, music creators would benefit from NFT-based streaming platforms as they allow distributing music directly to listeners without centralized middlemen charging a fee. Saxo Bank’s cryptocurrency analyst Mads Eberhardt argued that mainstream music streaming platforms like Spotify and Apple Music take a substantial cut, which together with the cut paid…