Michael Saylor snubs claims he doesn’t use Bitcoin Lightning Network

The executive chairman of MicroStrategy, Michael Saylor, does not like to be called out. He responded to a poll shared by Eric Wall, a crypto researcher, that suggested he had not used Bitcoin’s (BTC) layer-2 Lightning Network more than three times with a Twitter poll of his own. The correct answer is Yes, and I will make three more transactions of 1,000,000 sats each to the 3 posters of the most liked #Lightning⚡️ memes in the comments below. https://t.co/qXZ90q4Ly9 — Michael Saylor⚡️ (@saylor) October 4, 2022 Saylor replied to the…

Bitcoin still has $14K target, warns trader as DXY due ‘parabola’ break

Bitcoin (BTC) held $20,000 into Oct. 5 with trader targets still including a fresh high before rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $21,000 upside target to precede new lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $20,470 on Bitstamp overnight before returning lower. The pair succeeded in maintaining the 2017 old all-time high as support, something on-chain analytics resource Material Indicators had hoped would endure as a positive sign. “BTC is still in a congested range,” it summarized in comments the day prior. “The retest…

Federal Energy Agencies’ Unwillingness to Act on White House’s Crypto Mining Recommendations Miffs US Lawmaker – Regulation Bitcoin News

Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House’s call on them to do “reliability assessments of current and projected crypto-asset mining operations on electricity system reliability and adequacy.” However, a commissioner at the Federal Energy Regulatory Commission, Allison Clements, insists crypto mining should not be singled out from grid studies. Agencies Reviewing White House Recommendations Jared Huffman, a United States House of Representatives member, has reportedly queried…

Middle East and North Africa are fastest-growing crypto markets: Data

Emerging markets continue to forge their way into the crypto scene finding a plethora of use cases, especially in the combined Middle East and North Africa (MENA) region. A new report from Chainalysis reveals that the crypto market in the MENA region is the fastest growing in the world. Transaction volume in the MENA region reveals users received $566 billion in crypto in the time frame of July 2021 to June 2022. This is 48% more than the previous year. MENA is followed by Latin America and North America with…

Nasdaq needs clear regulations to launch crypto exchange, says VP

Nasdaq, the American stock exchange, has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president. In an interview with Bloomberg, Cohen said that the retail side of the crypto market is fairly saturated and there are enough crypto exchanges catering to the needs of retail investors. He added that his firm would continue its focus on crypto custody services that were launched on Sept. 20. Cohen also shed some light on other crypto-related services that the exchange…

this CEO is warning of 'Worldwide Recession'

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today let’s talk about Fedex CEO discussing his thoughts about the world entering a recession. Also let’s talk about US and Global Market news and Bitcoin. 🟪Buy Bitcoin & Crypto with IRA/401k w/ItrustCapital ($100 Bonus) 🔥Buy & Trade Crypto w/o KYC on MEXC ($4100 Bonus) ✅Earn Free Crypto on Every Trade over $10 + Portfolio Tracker: ✅Trade 300+ Crypto on Kucoin ($500 Bonus): 💳Get a Bitcoin Reward Credit Card (1.5% Back in BTC): 🔒Safeguard Your Bitcoin and Crypto w/ Ledger Wallet 🚨Protect…