Day: June 24, 2022

We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off – Regulation Bitcoin News

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Federal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a better crypto regulatory framework. Fed Chair Powell Says Crypto Needs Better Regulation Federal Reserve Chairman Jerome Powell testified before the Senate Committee on Banking, Housing, and Urban Affairs on “the semiannual monetary policy report to congress” Wednesday. Senator Kyrsten Sinema (D-AZ) asked him whether the Fed has been tracking crypto activities given the recent market volatility, and what implications crypto…

How to start mining Cryptocurrency and Bitcoin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I am going to walk you through how to start mining cryptocurrency and bitcoin from your home. I am going to walk you through everything you need to set up both a GPU miner as well as an ASIC miner and I am going to show you my personal mining rig so that you can see what it looks like and what it cost to setup. If you want to try and calculate any of your profitability, you can…

ETHEREUM DIFFICULTY BOMB DELAYED!!! More Profits Coming

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETHEREUM DIFFICULTY BOMB Well the Ethereum Core Devs had there metting after to Ropsten test net merge things went good but looks like they arnt close enough to be where they want to be. The end result is for us GPU miners the bomb is getting delayed and the block times should drop again within the next 2-3 weeks. CPU MINING Profit Calculator: Belay Mining: Code “RM25OFF” Is $25 USD off Belay Mining Link: ✅ ipollo v1 ETC Mini: ✅ JASMINER LINKS…

Hong Kong’s OSL Sees Strong Institutional Interest in Crypto, Despite Luna-Induced Volatility; Bitcoin and Ether Surge

Bitcoin was recently trading at about $21,100, a more than 5% increase over the past 24 hours that helped the largest cryptocurrency regain much of the ground lost the previous day. Ether, the second largest crypto by market cap, was changing hands over $1,140, an 8% gain. Other major altcoins assumed various shades of green with STORJ and POLY assuming two of the darkest hues, rising more than 30% and 20%, respectively at one point. Source

Canadian Regulator OSC Takes Action Against Crypto Trading Platforms Kucoin and Bybit – Regulation Bitcoin News

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The Ontario Securities Commission (OSC) has taken action against two cryptocurrency trading platforms. Kucoin is permanently banned from participating in Ontario’s capital markets. Bybit has promised to take steps to comply with regulations and register with the OSC. OSC Sanctions 2 Crypto Trading Platforms The Ontario Securities Commission (OSC) announced Wednesday the outcome of enforcement actions against two foreign cryptocurrency trading platforms operating in its jurisdiction. The first is Bybit, a crypto trading platform operated by Bybit Fintech Ltd., incorporated in the British Virgin Islands. The other is Kucoin, operated…

Chainalysis tips Australia will crack down on misleading crypto ads

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Chainalysis’ head of international policy Caroline Malcolm expects Australia’s new rules governing crypto advertising, promotion and consumer safeguards to follow a similar path to the United Kingdom when they come into place within the next year.  “I think we’re more likely to see something along the lines of the UK model which is really focusing on a crackdown on misleading advertising or advertising which doesn’t present the risks alongside the opportunities.” During the Chainalysis Links event in Sydney on June 21, Malcolm told Cointelegraph that this meant treating crypto products…

“Play to Earn” to Own Remitano Network’s RENEC Token – Press release Bitcoin News

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press release PRESS RELEASE. “Play & Earn” is no longer a strange term for most GameFi believers. Recently, Remitano Network, Remitano’s blockchain network, has launched a novel airdrop in the format of “Play to Earn”, allowing users to own the network’s RENEC token in the form of “group mining”. Starting from the free daily RENEC solo mining at Remitano.com, users can now mine together in groups to receive a larger amount of RENEC token airdrop as a reward. Each mining pool is called a mining room, and after 24 hours,…

Bitcoin Perpetual Open Interest Suggests Short Squeeze Led To Crash

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The Bitcoin crash of last week was a brutal one for the market. It saw the digital asset lose its footing from where it had been trending just below $30,000 to crash to the mid $17,000s before a recovery had begun. With the new week, the market had started to emerge into the green. But as bitcoin struggles to hold above $20,000, the question remains what had triggered such a crash. A Short Squeeze The bitcoin open interest in perps had been up over the last couple of weeks. This…