Category: Cryptocurrency

Mar 02
Analysts say bulls will aim for $48K now that Bitcoin’s ‘accumulation phase’ has begun

Investor sentiment across the cryptocurrency ecosystem has seen a significant shift in the positive direction over the past week, despite events in the wider world. Currently, Bitcoin (BTC) is back above $43,500 and many altcoins are also witnessing double-digit gains. Crypto Fear & Greed index. Source: Alternative The ongoing conflict in Ukraine and recent actions […]

Mar 02
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions

Federal Reserve Chair Pro Tempore Jerome Powell and some members of the United States House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions. In a Wednesday hearing of the House Financial Services Committee on “Monetary Policy and the State of the Economy,” California Representative Juan Vargas […]

Mar 02
Aussie advisory committee lists key factors for easing crypto adoption

The federal advisory suggests exploring four key areas to support a safer adoption for crypto in Australia and dampen cybersecurity threats. 1310 Total views 40 Total shares The Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies. […]

Mar 02
Solana price eyes $150 as SOL’s 25% jump this week puts ‘double-bottom’ in play

The price of Solana (SOL) may rise by over 45% in the coming weeks as the cryptocurrency intends to complete a double-bottom chart pattern against the United States dollar. A $150 SOL ahead? Double-bottoms typically appear at the end of a downtrend when the price falls to a low, rebounds, and returns to the level […]

Mar 02
Binance back in Malaysia via a strategic stake in regulated digital exchange

Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval. 1341 Total views 51 Total shares Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset […]

Mar 02
Experts reject concerns Russia will use crypto to bypass sanctions: 'Totally unfounded'

Experts on crypto policy argue that concerns expressed by high profile politicians about Russia evading economic sanctions using cryptocurrency are “totally unfounded.” They say the crypto market is not nearly large enough nor deep enough to support the volume that Russia needs and that the country’s digital asset infrastructure is minimal. Former U.S. Secretary of […]

Mar 02
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets

Company founder Ken Griffin has backtracked on his anti-crypto stance and wants his firm to offer digital assets to its clients this year. 5442 Total views 44 Total shares American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year. Speaking on Bloomberg Wealth with David Rubenstein, Citadel founder […]

Mar 02
Nvidia hackers selling software unlock for graphics card crypto mining limiters

The hacking group is holding Nvidia to ransom demanding that it unlocks hash rate limiters on its high-end graphics cards. 95 Total views 2 Total shares A hacking group that infiltrated Nvidia servers last month is attempting to sell software that could unlock crypto mining hash rate limiters on the firm’s flagship graphics cards. A […]

Mar 02
War coincides with Bitcoin's highest 'real' volume since early December

“Investors are speculating that crypto will become increasingly important apolitical and trustless money in a time of escalating geopolitical uncertainty, conflict, and capital controls,” Arcane Research wrote. 472 Total views 5 Total shares The “real” daily Bitcoin (BTC) volume spiked to levels not seen for three months amid the Russian invasion of Ukraine. According to […]

Mar 02
3 reasons why Bitcoin price rallied toward $45K entering March

Bitcoin (BTC) extended its gains, hitting nearly $45 thousand on March 1 as interest rate speculators reduced their bets on aggressive rate hikes in 2022 and the number of whale addresses spiked amid speculations that BTC is proving itself as an apolitical safe-haven. Traders reduce half-point bets for March BTC’s price surged more than 4% […]