Month: February 2023

Bitcoin advocate Najah Roberts explains why BTC is a tool for empowerment

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If you ask 10 people what Bitcoin’s original purpose is, at least one person will say it’s meant to cut out the middleman, reduce the cost of transacting and empower those who might not have access to modern financial infrastructure.  While all of those boxes might be ticked, another phenomenon of financial technology, and technology in general, is that not everyone benefits equally from the revolutionary change it brings. Of course, this happens for a variety of unique reasons, some intentional and others unintentional, but the phenomenon of technological change…

Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance

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Bitcoin (BTC) preserved its active trading range into the Feb. 1 Wall Street open as markets looked to the day’s key macroeconomic data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,500 becomes the level to beat for Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in a narrow corridor around $23,000. An upcoming interest rate hike and commentary from the United States Federal Reserve preoccupied traders across risk assets, potentially sparking fresh volatility in line with previous months. Fed Chair Jerome Powell…

Judge Bans Sam Bankman-Fried From Contacting FTX Employees and Using Signal

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60 Organizations Launch Campaign Urging US Congress to Protect Privacy – Privacy Bitcoin News

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On Wednesday, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight for the Future, Electric Coin Co., and the Tor Project, insist that Congress needs to deliver policies dedicated to standing up for privacy. Campaign Urges Lawmakers to Take Bold Stance on Pro-Privacy Policies A new campaign, launched by 60 organizations, carries the slogan “Tell Congress to protect privacy.” The groups are calling for the United States…

Crypto VC Firm Arrington Capital Hires BitMEX Alum as Investment Head

“As the crypto markets mature and converge with traditional markets, it is critical to bring a mature and sophisticated perspective to our trading strategy. Representing just one pillar of how we deliver value to our investors, our liquidity and trading business will be elevated to a higher degree with Bhavik’s leadership and institutional knowledge,” said Arrington Capital founder Michael Arrington in a press release. Source AlumArringtonBitMEXCapitalCryptoFirmHiresInvestment CryptoX Portal

5 Ideas on How to Earn on Crypto Portfolio When High Volatile

A single tool for monitoring market changes with the ability to analyze all your assets quickly will allow you to reduce anxiety and make correct investment decisions. The first is that volatility is commonplace in financial markets to deal with. Volatility reflects the changes in the price of any particular asset, showing how much the price has risen or fallen over time. A more volatile asset is considered to be riskier as an investment. However, alongside possible higher losses, volatile assets also assume higher returns than relatively less volatile ones.…

Binance Launches New Community Feedback Initiative to Forge Product Roadmap 

Dominant crypto exchange Binance looks to draw on community feedback to shape products and services better in the future.  Binance has launched a new community feedback feature that would help shape new policies and products the exchange plans to offer. Aptly dubbed the “Feature Request & Feedback Board,” the new feedback platform serves to cull out opinions and suggestions from Binance’s user community. With the service, the leading crypto exchange implores its user base to participate in its product roadmap development. According to Binance, its Feature Request & Feedback Board makes it…

United Kingdom Outlines Plans to Regulate Digital Currencies

While the UK government is serious about the introduction of the new rules, if it becomes law, it will take some years to complement and implement its provision. The United Kingdom is advancing its role in the regulation of the digital currency ecosystem as it recently unveiled its new guidelines to oversee the industry. As reported by CNBC, one major highlight is to curb the activities of crypto trading platforms in a bid to curb the series of events that stirred the implosion of the FTX Derivatives Exchange. According to…