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Cryptocurrency

CZ Suggests Binance Pay as ‘Solution’ for Crypto Payments on Twitter

November 3, 2022
ethereum cryptocurrency

Crypto exchange Binance has plunged $500 million into Elon Musk’s takeover of social media platform Twitter, with a view to giving crypto a “seat at the table.” Now, Binance CEO Changpeng ‘CZ’ Zhao appears to be mulling a deeper integration of … Read more

Categories Cryptocurrency Tags Binance, Twitter

Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes

October 21, 2022
Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes

Bitcoin miner Core Scientific (CORZ) and Argo Blockchain (ARBK) were downgraded from buy to neutral by Wall Street investment bank DA Davison as crypto winter continues to weigh heavily on the profitability of the miners, … Read more

Categories Cryptocurrency Tags bitcoin, bitcoin miner, inflation, Wall Street

Goldman Still Sees Strong US Dollar, a Weight on Bitcoin

October 21, 2022
Goldman Still Sees Strong US Dollar, a Weight on Bitcoin

A peak in the U.S. dollar “feels several quarters away,” Goldman Sachs strategist Kamakshya Trivedi wrote in a note the bank’s clients. “We do not expect the Fed to embark on easing until 2024, and a … Read more

Categories Cryptocurrency Tags bitcoin, BTC, Goldman Sachs, US Dollar

France to Explore Crypto Tax Treatment Next Year

October 17, 2022
France to Explore Crypto Tax Treatment Next Year

France will review its crypto tax rules next year as it seeks to become the world’s leading blockchain hub – and won’t seek to simply replicate existing norms for stocks, Finance Minister Bruno Le Maire … Read more

Categories Cryptocurrency Tags bitcoin, BTC, crypto tax, France

Japan Greenlights Tougher Anti-Money-Laundering Rules for Crypto

October 17, 2022
Japan Greenlights Tougher Anti-Money-Laundering Rules for Crypto

Japan’s government has approved a cabinet decision to amend existing laws to curb money laundering using crypto, according to local news reports. The cabinet, which is Japan’s executive body, made the decision to move forward with the … Read more

Categories Cryptocurrency Tags anti-money-laundering, Bittimes, Japan

Ethereum Wallet MetaMask Adds Instant Bank-to-Crypto Transfers

October 16, 2022
Ethereum Wallet MetaMask Adds Instant Bank-to-Crypto Transfers

Crypto wallet MetaMask is making it easier for users to turn their fiat into crypto through an integration with fintech firm Sardine, MetaMask parent company ConsenSys announced this week. MetaMask users will now be able to fund … Read more

Categories Cryptocurrency Tags Ethereum, MetaMask

A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes

October 15, 2022
A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes

Hundreds of thousands of brand new mining rigs that could be generating bitcoin (BTC) have never been used, further skewing the economics of cryptocurrency mining, a sector that has been hit hard by sinking prices … Read more

Categories Cryptocurrency Tags bitcoin, bitcoin mining rigs, BTC, CleanSpark

Crypto Data Science Shop Gauntlet Launches Treasury Management System for DAOs

October 12, 2022
Crypto Data Science Shop Gauntlet Launches Treasury Management System for DAOs

Aera, a rewards-based treasury management system for leaderless decentralized autonomous organizations (DAOs) has been launched by the team behind cryptocurrency data science shop Gauntlet. The Aera protocol aims to make DAOs play a more agile … Read more

Categories Cryptocurrency Tags DAOs, Gauntlet, Treasury Management System

Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM

October 12, 2022
Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM

Bitcoin miner Crusoe Energy has acquired its peer Great American Mining (GAM), adding 9% to its capacity as the industry continues to consolidate amid a challenging market that is squeezing miners’ margins. In the past … Read more

Categories Cryptocurrency Tags Aoyon Ashraf, Crusoe Energy, Eliza Gkritsi, GAM

It’s Payrolls Day Again, and Bitcoin Holds Tight Near $20K

October 7, 2022
Payrolls rose 315,000 in August as companies keep up hiring pace

Bitcoin (BTC) dipped below the $20,000 mark Friday, down almost 1% on the day, as traders in both crypto and stock markets awaited September’s jobs report in the U.S. The world’s largest cryptocurrency by market value has … Read more

Categories Cryptocurrency Tags bitcoin, jobs report, OANDA
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