The bear market wonโt scuttle Bitcoinโs (BTC)ย adoption plans in the United Kingdom.ย From Oct. 21โ22 this year, internationally recognized Bitcoin experts, authors and content creators will take part in the United Kingdomโs largest Bitcoin conference to date. Organized by the Bitcoin Collective, a newly formed Bitcoin company, and in partnership with Bitcoin and crypto exchange OKX, the event takes place at the Assembly Rooms on Edinburghโs George Street. Edinburgh, Scotland’s capital city. Source: Telegraph.co.uk Jordan Walker, CEO of the Bitcoin Collective, told Cointelegraph, โthe conference is solely Bitcoin related, as this…
Day: July 12, 2022
Bitcoin’s Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
On Wednesday, the U.S. Labor Department is scheduled to release June’s consumer price index figure. The data is likely to show the cost of living rose 1.1% month-on-month, bringing the annualized figure to a new four-decade high of 8.8%. The CPI stood at 8.6% in May. The core inflation, which strips out the volatile food and energy component, is seen rising 0.6% month-on-month, amounting to an annualized growth of 5.8%. Source
Bitcoin Erases Last Week Gains As Price Sinks Below $20,000
According toย CoinGecko, the most prominent cryptocurrency in the world plummeted by 3.5% in the last 24 hours. Bitcoin gave up all of its gains from last week as it fell below $20,000. BTCโs price on the market right now is $19,750, and the weekly gain is in the red with a 2.6% loss. BTC moved toward a gradual and steady recovery last week. The leading cryptocurrency posted its biggest weekly gain in the previous nine weeks. It increased by 12% last week after experiencing its worst quarter in June. Related…
Spain to Offer Grants for Metaverse Companies โ Metaverse Bitcoin News
The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of grants will be dedicated to the gaming and entertainment sector. Spain Acknowledges Relevance of the Metaverse Countries from all over the world are now considering the metaverse and its related technologies as important…
BitMEX Delays BMEX Listing Citing ‘Market Conditions’
โWe have made the decision to postpone the listing of the BMEX Token on our spot exchange,โ it said. โThe reason is quite simple. Although we are ready to list BMEX, the present market conditions are not ideal, and we want to list the token in an environment that gives it the best chance to reward you, its holders.โ Source
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Are North Korean IT Remote Workers Targeting Crypto Firms? Hereโs What We Know
According to the US Government, North Korean IT workers are flooding the freelance market. Itโs illegal for US businesses to employ them, but, what if they have no idea theyโre doing it? In this new remote work world weโre living in, itโs completely possible. The North Korean workers are targeting all kinds of technology-focused businesses, but of course, the CNN report on the matter focused on cryptocurrency firms. โItโs an elaborate money-making scheme that relies on front companies, contractors and deception to prey on a volatile industry that is always…
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Bitcoin and Crypto Mining BAN – WTF?!
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Bitcoin and Crypto Mining BAN – WTF?! Governments are scared, banks are scared, Bitcoin and cryptocurrencies are putting the power of money back into the hands of the people and now they are resorting to BANNING BTC and Crypto MINING?! Subscribe to VoskCoin – Learn more about Algogems GEMS – Get $250 for free* mining Bitcoin into BlockFi! Compass sells Bitcoin mining rigs – Review the BEST Helium hotspot miners – Bobcat Miner 300 is the BEST mining rig to buy! This…
Helium network team resolves consensus error after 4-hour outage
The Internet of Things (IoT) blockchain Helium shut down for about 4 hours on July 11 due to validator outages from a software update, causing delayed transaction finality. During the outage, devices transferring data over the network were not affected, but miner rewards and token transfers were left pending. The team resolved the issue by skipping the blockchain forward by one block and resuming normal functions. At 10:20 am EDT, the Consensus Group stopped producing blocks at block height 1435692 on the Helium (HNT) blockchain, according to a status update.…