Tag: News

US State Regulator Launches Crypto Scam Tracker – Featured Bitcoin News

boss

The California Department of Financial Protection and Innovation (DFPI) has launched a cryptocurrency scam tracker to help residents “spot and avoid crypto scams.” The regulator stated: “As reports of new crypto scams emerge, the DFPI will continually update this tracker to promptly alert and protect the public.” California Regulator’s Crypto Scam Tracker The Department of Financial Protection and Innovation (DFPI) of the U.S. state of California announced last week the launch of its Crypto Scam Tracker to help people in the state “spot and avoid crypto scams.” The financial regulator…

Next Crypto Bull Run Will Start From the East, Says Gemini Co-Founder – Markets and Prices Bitcoin News

boss

Gemini’s co-founder believes that the next crypto bull run will come from the East. “It will be a humbling reminder that crypto is a global asset class,” he said. “The West, really the U.S., always only ever had two options: embrace it or be left behind. It can’t be stopped.” Gemini Co-Founder on Next Crypto Bull Run Cameron Winklevoss, co-founder of the U.S.-based cryptocurrency exchange Gemini, believes that the next crypto bull run will come from the East. He tweeted Sunday: My working thesis [at the moment] is that the…

Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’ – Featured Bitcoin News

boss

Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,” the fund’s co-founder told investors. Crypto Hedge Fund Shuts Down Due to FTX Collapse Crypto hedge fund Galois Capital is shutting down as nearly half of its assets are trapped on FTX, the collapsed cryptocurrency exchange which filed for bankruptcy in November last year. “Galois Capital is a…

Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar – Economics Bitcoin News

boss

Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that since 2022, de-dollarization “seems to be spinning much, much faster.” De-Dollarization and CBDCs: Monetary Historian Suggests a Great Reset Is Imminent In an interview published on Feb. 16, 2023, Miles Franklin executive Andy Schectman discussed his economic predictions with Michelle Makori, the lead anchor and editor-in-chief at Kitco News. Schectman expects a…

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results – Altcoins Bitcoin News

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to date. Ethereum’s Negative Annual Issuance and Unlocked Ether in March Could Shift Equilibrium Statistics from the analytics website ultrasound.money show that the Ethereum network is deflationary these days. More than 1.023 million ether is removed…

TOTHESMART Is Transitioning to Its Own Token What Is the TTS Token Phenomenon? – Press release Bitcoin News

boss

press release PRESS RELEASE. TOTHESMART is a PlayToEarn mining farm built on Binance Smart Chain blockchain. The project works on decentralization principles and believes that the best way to develop community and promote blockchain industry in Mass Adoption is a game engine with open rules of the Game prescribed in blockchain. The project was released more than 200 days ago. We’ve already wrote about it in a previous press release. TOTHESMART uses stable BUSD token to interact with smart contract mining farm, but due to a series of high-profile negative…

Bitcoin Flips Visa Again | Blockchain News

Since the beginning of the year, the price of Bitcoin (BTC) has increased by 48%, which has caused its market valuation to once again surpass that of the payment processing behemoth Visa. According to CoinMarketCap, with the price of Bitcoin sitting at $24,365 at the moment, its market size of $470.16 billion is now only slightly more than that of Visa, which has a market cap of $469.87 billion at the moment. Companies Market Cap reports that this is the third time Bitcoin has “flipped” Visa’s market cap, meaning that…

Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens – Altcoins Bitcoin News

boss

Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week against the greenback. Core Helium Devs Reveal Network Migration Date to Move to Solana The Helium Network, a chain dedicated to the internet of things (IoT), plans to migrate with the Solana blockchain network, according to a blog post published by…

SOL 11% Higher, BCH Hits Strongest Point Since July  – Market Updates Bitcoin News

boss

Solana rose by as much as 11% to start the week, as the token moved higher for a fourth consecutive session. Market sentiment has mostly been bullish in the past two weeks, leading to prices hitting a multi-month high on Monday. Bitcoin cash also surged, climbing to its strongest level since July. Solana (SOL) Solana (SOL) rose by over 11% in Monday’s session, as the token raced to a multi-month high earlier in the day. Following a low of $24.04 on Sunday, SOL/USD surged to an intraday peak of $26.93…

Paxos Takes on SEC as Asian Crypto Trading Volume Increases by 80% – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  After Bitcoin’s incredible rally to $25,000 last week, Bitcoin is currently consolidating around $24,500. Amongst the regulatory onslaught in the US that has occurred recently, crypto investors have been unphased. The SEC issued a Wells Notice for Paxos (the issuer of BUSD) last week, who have a direct relationship with global digital asset platform Binance. The SEC told Paxos that they are planning to sue them for their issuance of BUSD, supposedly because BUSD is a security. However, it…