Day: February 12, 2022

Redditor stashes away BTC worth $100 for 100 years in public library

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There’s never a dull day in Bitcoin (BTC) land. Despite that markets calling for a lull, the creative Bitcoin community always has cause for amusement. Yesterday, a Redditor by the name of Optimal-Dentistador (henceforth, OD) queried the longevity of the Bitcoin network with a time-lapse challenge. In a post made to the Bitcoin subreddit, OD “wrote a letter and also put the private keys for $100  worth in BTC.” In private communication with Cointelegraph, they disclosed they “put 0.003 BTC on a new address, put the private and public key together…

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SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler – Regulation Bitcoin News

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In addition, he said the SEC is “trying to work with various crypto platforms, exchanges, lending platforms” to ensure investor protection. SEC Chair Gary Gensler on Crypto Regulation SEC Chairman Gary Gensler talked about cryptocurrency regulation in an interview with Bloomberg this week. “We do have a broad agenda and crypto is part of that agenda,” he began. Commenting specifically on crypto…

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The evolution of DAOs and why they are expected to take hold in 2022

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In 2021, crypto has been one of the biggest trends shaping tech and finance, and according to mainstream news headlines, decentralized autonomous organizations (DAOs) are set to be a force to be reckoned with in crypto in 2022. Mark Cuban called them the “ultimate combination of capitalism and progressivism.” Yet, while DAOs are relatively easy to understand conceptually, they’re a segment of the crypto market in a state of rapid flux, with many innovative use cases emerging. However, setting up and running a DAO also comes with its own set…

Small Cap Index Lead Gains In February, But What Is Bitcoin Doing?

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Altcoins have been bigger winners than bitcoin in the recent recovery. Even though the latter led the recovery, the smaller cap coins have been making all of the waves in the space, outperforming other indexes and bitcoin included. All of this has pointed to an altcoin season after a purported ‘crypto winter’ and the gains recorded so far in February are additional proof of this. Small Cap Index Takes The Lead The whole of the crypto market had suffered from the downtrend that began in December. However, the second week…

Analysts say Bitcoin price is in the ‘profit-taking’ zone with a ceiling at $45K

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The price action for Bitcoin (BTC) continues to tantalize investors and once again, concerns over the state of the global economy and rising inflation have prompted warnings that the Fed’s upcoming interest rate hikes could do more damage then good to the state of the market. Data from Cointelegraph Markets Pro and TradingView shows that the price of BTC has hovered near the $43,000 support level in trading on Feb. 11 after rallying 20% from the $37,000 leve over the past week. BTC/USDT 1-day chart. Source: TradingView Here’s a look…

Coinbase Trading Vulnerability Exposed by White-Hat Hacker

Within two hours of the Tree of Alpha’s initial tweet, the Coinbase Support Twitter account announced that, due to technical reasons, Coinbase was disabling trading on its new Advanced Trading platform. While the service would still be accessible, users would be able to cancel existing orders but not place new orders. The Advanced Trading service is available only to a limited audience. Source

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Billionaire Bill Miller Has ‘Very Big’ Bitcoin Position — Calls BTC ‘Insurance Against Financial Catastrophe’ – Featured Bitcoin News

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Veteran investor and fund manager Bill Miller says he has “a very big position” in bitcoin and expects to see a lot of institutional adoption this year, particularly among endowments and foundations. “Bitcoin is insurance against financial catastrophe,” he opined. Bill Miller Says ‘Bitcoin Is Insurance Against Financial Catastrophe’ Famed value investor Bill Miller talked about bitcoin in an interview with CNBC Wednesday. He is the founder of Miller Value Partners and currently serves as its chairman and chief investment officer. He manages the firm’s Opportunity Equity and Income Strategy…