"Crypto Winter" Cancelled? . . . Crypto Stocks BOOM! | $7 Stock Up 72% This Month!

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Crypto Lender Celsius’ Collapse Into Bankruptcy Should Be Probed, US Says

“There is no real understanding among customers, parties in interest, and the public as to the type or actual value of crypto held by the Debtors or where it is held. An independent examiner is necessary here to investigate and report in a clear and understandable way on the Debtors’ business model, their operations, their investments, their lending transactions, and the nature of the customer accounts to ensure public confidence in the integrity of the bankruptcy system and to neutralize the inherent distrust creditors and parties in interest have in…

US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption

Four members of the United States House of Representatives from the Energy and Commerce Committee have demanded answers from four major crypto mining firms in regards to the potential effects of their energy consumption on the environment. In letters dated Wednesday to Core Scientific, Marathon Digital Holdings, Riot Blockchain, and Stronghold Digital Mining, U.S. lawmakers Frank Pallone, Bobby Rush, Diana DeGette, and Paul Tonko requested the companies provide information from 2021 including the energy consumption of their mining facilities, the source of that energy, what percentage came from renewable energy sources,…

Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US – Bitcoin News

A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam last November. Alleged Russian Money Launderer Handed Over to U.S. Custody by Dutch Authorities Denis Dubnikov, a 29-year-old Russian citizen, has been extradited this week from the Netherlands to the United States, where he is to face charges of money laundering in the District of…

The 'Halftime Report' Investment Committee weighs in on the crypto crash

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The ‘Halftime Report’ Investment Committee discusses the crypto crash. With CNBC’s Scott Wapner and the traders, Jenny Harrington, Josh Brown, Jon Najarian and Jim Lebenthal. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily…

Strength In U.S. Dollar May Have Killed Bullish Momentum In Crypto?

The crypto market has been losing momentum as the price of Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) start trading in the red. The largest cryptocurrencies by market cap might experience further losses as macro-economic factors keep exercising a negative influence on risk-on assets. At the time of writing, the crypto total market cap stands at $1.09 trillion after experiencing rejection at the $1.2 trillion mark. This has led to minor losses for Bitcoin (2.2%), and Binance Coin (7%), only Ethereum has been able to preserve some of its…

House Lawmakers Send Letters to 4 US Crypto Miners Asking for Details on Environmental Impact

“Blockchain technology holds immense promise that may make our personal information more secure and economy more efficient,” the letters said. “However, the energy consumption and hardware required to support [Proof-of-Work]-based cryptocurrencies may, in some instances, produce severe externalities in the form of harmful emissions and excess electronic waste (e-waste).” Original Source CryptoDetailsEnvironmentalHouseImpactLawmakersLettersMinersSend CryptoX Portal

House Lawmakers Send Letters to 4 U.S. Crypto Miners Asking for Details on Environmental Impact

“Blockchain technology holds immense promise that may make our personal information more secure and economy more efficient,” the letters said. “However, the energy consumption and hardware required to support [Proof-of-Work]-based cryptocurrencies may, in some instances, produce severe externalities in the form of harmful emissions and excess electronic waste (e-waste).” Source

Market Wrap: Bitcoin Pauses Losing Streak but the Trend Is Still Not Bullish

BTC was slightly higher on the day, but ETH was outpacing the largest cryptocurrency by market cap. Bitcoin’s price (BTC) increased 0.3% on Thursday, ending a streak of four consecutive negative days. Average trading volume was larger than average. Prices initially declined 0.5% as U.S. equity markets opened.Ether’s (ETH) price rose 1.5% as the second-largest cryptocurrency by market capitalization, outperformed bitcoin. Altcoins were mixed, with EOS falling 7%. while SOL and ATOM increased 0.1% and 4%, respectively. Original