Bitcoin no longer has promising odds of a breakout in the coming days as opinions differ on what caused the BTC price dip — and what will happen next.
Charles O. Parks III, also known as “CP3O,” was sentenced today in federal court in Brooklyn by U.S. District Judge Eric Komitee to one year and one day in prison for operating a large-scale illegal cryptojacking scheme in which he defrauded two cloud computing providers of over $3.5 million in computing resources to mine nearly […]
Ether continued dominating ETP inflows last week despite Bitcoin printing new highs above $124,000 and ETH only nearing all-time highs.
Bitcoin experienced a significant drop in the early hours of August 18, briefly falling to $114,955 before stabilizing above $115,200. Market-Wide Plunge and Bitcoin’s Retreat On Monday, Aug. 18, bitcoin ( BTC) tumbled, briefly dropping to $114,955 before recovering and consolidating above $115,200. The top cryptocurrency’s 2.3% decline in 24 hours came just days after […]
Japan’s Financial Services Agency (FSA) is set to approve the issuance of the country’s first yen-denominated stablecoin, JPYC, this autumn, with the fintech firm JPYC based in Chiyoda, Tokyo, expected to be registered as a funds transfer service by the end of August. The stablecoin will be pegged at 1 JPYC = 1 JPY and […]
The South Korean government passed laws in 2021 allowing regulators to seize crypto from accused tax delinquents.
The South Korean government passed laws in 2021 allowing regulators to seize crypto from accused tax delinquents.
Metaplanet Inc. (Tokyo Stock Exchange: 3350) announced the purchase of an additional 775 bitcoin at an average price of ¥17,720,023 per coin (totaling ¥13.733 billion), bringing its cumulative holdings to 18,888 bitcoin at an overall average cost of ¥15,041,118 (aggregate ¥284.097 billion). The company also reported its key performance indicators for its Bitcoin Treasury Operations: […]
Last week, Donald Trump reminded traders that he can still move markets with a tweet, a tariff, or a firing. Crypto whipsawed on his words and actions. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump as […]
The Thai government is launching a new initiative called “Touristdigipay” on Aug.18, to boost its tourism sector. The scheme allows foreign tourists to convert their cryptocurrencies into Thai Baht to use for payments. The program is a direct response to a decline in tourism, particularly from China. To participate, visitors must open an account with […]
Solana briefly achieved over 100,000 transactions per second, which a developer says could eventually see the blockchain perform to at least 80,000 TPS.
A former Monero lead developer sparked controversy after revealing that a close friend—previously skeptical of crypto—wanted to buy XRP, believing banks would be obsolete within two years. Igniting the XRP Debate: A Skeptic’s Inquiry The claim by Riccardo Spagni, former lead developer for Monero, that a close friend and longtime crypto skeptic had expressed interest […]