Category: Cryptocurrency

Mar 09
Bitcoin returns to $42K as markets await potential 7.9% CPI inflation data

Bitcoin (BTC) hit $42,000 on March 9 as an impressive overnight candle saw bulls reclaim support levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Market “still fragile” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly “squeeze” through previous resistance at $39,600, going on to deliver 24-hour gains of 11.3%. Amid local highs of […]

Mar 09
Crypto.com gives users in excluded countries one week to repay loans

The decision by Crypto.com comes just within a month of BlockFi’s $100 million penalties for its lending products, as many speculate regulatory clampdown could be the potential reason behind the decision. 4363 Total views 41 Total shares Crypto.com is reportedly giving users from countries restricted from its loan program until March 15 to repay their […]

Mar 09
Avalanche aims to accelerate subnet adoption with multiverse incentive program

Avalanche Foundation director Emin Gün Sirer says that subnets may be the next big thing in blockchain technology. 1613 Total views 47 Total shares Blockchain network Avalanche announced the launch of Avalanche Multiverse, an incentive program that will accelerate the adoption of subnets that are app-specific blockchain ecosystems. According to the director of Avalanche Foundation, […]

Mar 09
Bitcoin transaction fees briefly doubled yet remain exceptionally low

Got some Satoshi to send or Bitcoin (BTC) wallets to reorganize? It’s increasingly cheap to do so. According to an Arcane Research report, Bitcoin “transaction fees have stayed low since July 2021, showing no signs of rising.”  Bitcoin mean tx fees remaining very low despite small hike last week. Source: Arcane Research There was, however, […]

Mar 09
Federal Reserve works with China’s blockchain ally for instant payments

Cypherium is the only blockchain company featured in the FedNow Service Provider Showcase for now, the CEO told Cointelegraph. 1208 Total views 42 Total shares The United States Federal Reserve is moving forward with its real-time payment project FedNow Service by starting experimenting with the blockchain infrastructure. On Tuesday, the Fed officially launched the FedNow […]

Mar 09
Happy International Women's Day! Leaders share their experiences in crypto

The International Women’s Day theme this year is #BreakTheBias, so Cointelegraph spoke to 10 leaders in the blockchain industry about their experiences as women in Web3 and gathered their advice. From discussing barriers to entry to nonfungible tokens and role models, the following comments are from women in the U.S., Latin America, Europe and Asia.  When […]

Mar 09
Senator Warren seizes on fears over crypto and sanctions with new bill

United States Senator Elizabeth Warren is preparing a bill to crack down on the use of crypto as a way to avoid economic sanctions. Warren’s latest anti-crypto move comes alongside a push from the U.S. government to stamp out the possibility of Russia using crypto to skirt a host of economic sanctions placed on the […]

Mar 09
Janet Yellen let slip details of Biden's executive order on crypto

The Treasury’s statement came a day early and was removed from the site, but not before the details of how Secretary Yellen plans to respond to President Biden’s forthcoming order. 5871 Total views 80 Total shares A statement from U.S. Treasury Secretary Janet Yellen on President Joe Biden’s executive order regarding digital assets calls for […]

Mar 09
Siblings charged over mining coin that turned into alleged $124M fraud

The brother and sister team will face charges of wire fraud, securities fraud, and conspiracy for their alleged roles in the Ormeus Coin ICO. 594 Total views 51 Total shares A pair of siblings is now in very hot water with the U.S. government with criminal charges filed against them for allegedly committing fraud in […]

Mar 09
Ledger announces limited edition NFT-focused hardware wallet, partnership with POAP

The company said its “Genesis Edition” will have a limited supply of 10,000 devices available for pre-order. 1772 Total views 33 Total shares Hardware wallet company Ledger announced on Tuesday that it would release a limited edition of a brand new hardware wallet, the Ledger Nano S Plus, with only 10,000 devices available for pre-order […]