Tag: News

Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout – Bitcoin News

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Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spouse has requested protection from the Seongdong police in Seoul after the unknown person broke into the apartment building and rang the doorbell asking for Kwon. Unidentified Person Breaks Into Do Kwon’s Apartment Building Seeking Terra Founder’s Whereabouts, Kwon’s Spouse Seeks Help From Police Not too long ago, on May 1, 2022, the Terra blockchain token LUNA was…

ETH Back Below $2,000, BTC Down 6% to Start the Weekend – Market Updates Bitcoin News

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Following a strong rebound on Friday, crypto prices moved back into the red today, with BTC falling below $30,000 to start the weekend. ETH also moved lower, as its own price slipped below the $2,000 level during Saturday’s session. Bitcoin On Saturday, bitcoin’s price fell below $30,000, as crypto bears returned to action to start the weekend. Following a rise of nearly 10% during Friday’s session, BTC/USD fell to an intraday low of $28,860.79 earlier today. Saturday’s decline comes after prices hit a peak of $30,924.80 yesterday, as LUNA appeared…

Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High – Mining Bitcoin News

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Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high on May 02, at block height 734,577. Moreover, while bitcoin miners continue to search for blocks, the network recorded another difficulty increase following the last hike on May 10, at block height 735,840. Bitcoin’s Security Has Never Been Stronger — Difficulty Reaches 31.25 Trillion Over the last 12 months, Bitcoin’s hashrate has continued to proliferate,…

2 out of 5 Survey Respondents Hid Their Crypto Purchases – Bitcoin News

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A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a cryptocurrency purchase from their partner. The crypto-cheating partners believe disclosing the purchase would damage their relationship. Reasons for Not Disclosing Purchases A Circuit survey study that sought to determine the extent of financial infidelity among Americans has found that two out of five respondents hid cryptocurrency purchases from their partners. According to the survey findings, respondents that confessed to concealing crypto purchases from partners believe revealing such acquisitions would damage…

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Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel – Finance Bitcoin News

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A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank of Israel Releases Results From Consultations on Digital Shekel Project Israel’s monetary authority has recently published a paper detailing the outcome of public consultations held to gather opinions from interested parties on its central bank digital currency (CBDC) project. The regulator announced it had received…

Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto – Regulation Bitcoin News

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The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrencies. The purpose of the legistlation would be to collect more funds to pay the $45 billion debt that Argentina has with the International Monetary Fund (IMF). Asset Tax Bill Approved by the Argentinian Senate The Argentinian Senate has approved a new bill that would allow the government to tax assets held by citizens in foreign countries. The…

Chainalysis Reaches $8.6 Billion Valuation In $170 Million Series F Funding Round – Bitcoin News

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Chainalysis, a cryptocurrency security and blockchain auditing firm, has announced it has completed a new funding round for its operations. The company raised $170 million in its Series F funding round, which was led by GIC — the Government of Singapore Investment Corporation — and also had the participation of earlier investors. With this capital influx, the company reached a valuation of $8.6 billion. Chainalysis Gets Investment From GIC Chainalysis, a cryptocurrency and blockchain auditing firm, has announced it raised $170 million in its latest funding round, with…

Veteran Investor Mark Mobius Expects Bitcoin to Fall Further — Cautions Crypto Traders Against Buying the Dip – Markets and Prices Bitcoin News

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Veteran investor Mark Mobius, the founder of Mobius Capital, has cautioned cryptocurrency traders against using the “buy the dip strategy.” He expects the price of bitcoin to plunge further with some temporary relief happening at $20K. Mark Mobius’ Warning and His Bitcoin Price Prediction The founder of Mobius Capital Partners, Mark Mobius, warned crypto traders about buying the dip in an interview with Financial News Friday. He also shared his price prediction and future outlook for bitcoin. Prior to starting his own company, Mobius was executive chairman of Templeton Emerging…

Tesla CEO Elon Musk Reaffirms Dogecoin ‘Has Potential as a Currency’ as Twitter Deal Is Put on Hold – Featured Bitcoin News

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Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Elon Musk Says Dogecoin Has Potential as a Currency Tesla CEO Elon Musk has made another bullish statement about the meme cryptocurrency dogecoin (DOGE) despite massive sell-offs across the crypto market. Musk affirmed that dogecoin “has potential as a currency.” His tweet was in response to a comment by dogecoin co-creator…