Category: Cryptocurrency

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Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?

This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of a hard fork to add a small tail…
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Tornado Cash Co-Founder Pleads Innocence Amidst Money Laundering and Hacking Scandal

On the 6th of September, 2023, the Inner City Press (ICP) delivered an account of the legal proceedings involving Roman Storm, one of the co-creators behind the ethereum (ETH) mixing protocol, Tornado Cash. In the courtroom drama that unfolded, Storm resolutely declared his innocence by pleading not guilty to the charges levied against him. Tornado…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidation Continues, as Moving Average ‘Death Cross’ Nears

Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter. Ethereum continues to hover close to a floor of $1,630. Bitcoin Bitcoin’s consolidation continued on Wednesday, as…
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$21 Million in ‘Sleeping Bitcoins’ Awaken After Years of Dormancy 

Despite bitcoin’s (BTC) price dipping 6.4% this week and hovering below the $26K mark, a flurry of activity was noted between September 5th and 6th as several substantial ‘sleeping bitcoins’ stirred. After a lull of slightly over six years, an individual splurged 359.92 BTC, equivalent to $9.2 million, across eight distinct transactions. Moreover, on Wednesday,…
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Biggest Movers: SHIB Hovers Higher, Despite Market Consolidation

Shiba inu was a notable gainer in today’s session, as the cryptocurrency rose for a second straight session. The global market cap is marginally higher at the time of writing, as prices mostly consolidated. Solana retreated from a near one-week high. Shiba Inu (SHIB) Shiba inu (SHIB) was in the green for a second session…
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South Korea Seeks to Freeze North’s Crypto Assets Under New Law

The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective and improve the country’s cybersecurity. South Korean Government…
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Best Crypto to Buy Now September 5 – Maker, NEO, Polygon

Visa announced on Tuesday that it plans to use the Solana blockchain for settling transactions with USDC, a major stablecoin. The financial company stated that this decision could speed up cross-border payments and offer an updated method for transferring funds. With widespread cryptocurrency adoption on the rise, what are the best cryptos to buy now?……
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Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency

A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a New Generation of Millionaires and Billionaires At the time of writing, the crypto…
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Biggest Movers: DOGE Snaps a 6-Day Winless Run

After six consecutive days of trading in the red, dogecoin rose higher on Tuesday, after bouncing at a key price floor. The meme coin was a notable gainer in today’s session, despite market sentiment mostly tracking lower. Polygon was also in the green, extending recent gains in the process. Dogecoin (DOGE) Dogecoin ended a six-day…
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Hawaii Man Charged for Making False Security Fund Conversion to Crypto Claims

The U.S. Securities and Exchange Commission has charged a Hawaiian resident for falsely claiming that his fraudulent security would become the “first publicly traded security fund to convert to a cryptocurrency.” According to the Commission, the man promoted the security to boost its price and bolster the value of his portfolio. Fabricated Documents Used to…
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