US Sen. Cynthia Lummis is not a fan of President Biden’s proposed 30 percent tax on cryptocurrency miners. “That isn’t going to happen,” the Wyoming Republican and crypto enthusiast, said on Friday at Bitcoin 2023 Conference in Miami. There are environmental benefits including “not venting gases into the atmosphere as well as stabilizing grids,” Lummis…
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Democratic presidential candidate Robert F. Kennedy Jr. made campaign promises on Friday advocating for bitcoin users, adding that he plans to accept campaign donations in bitcoin. “As president, I will make sure that your right to hold and use bitcoin is inviolable,” Kennedy said at the Bitcoin 2023 Conference in Miami. Kennedy, who is the…
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A key metric that measures momentum in the Bitcoin price just fell to its weakest level since March. Last week, Bitcoin’s Z-score to its 200-Day Moving Average fell under 1.0, where it has remained more or less ever since. That means that the current Bitcoin price is only just under one standard deviation above its…
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Amid the dwindling venture capital investing in the crypto and blockchain industry, Bitcoin start-up firm, River, has secured a $35 million Series B funding. River took to Twitter to share its excitement about the development. According to the announcement, a notable venture capitalist firm, Kingsway Capital, led the Series B funding round. The River is…
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An indicator that has reliably triggered ahead of the last three major Bitcoin bulls markets looks like it is about to turn green. Bitcoin’s Realized Price – the average price at the time at which each coin last moved – looks like it will soon cross above the Realized Price of Long-term Holders, according to…
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American billionaire hedge fund manager Paul Tudor Jones said bitcoin has a “real problem” due to unfriendly regulation in the US, in a recent interview with CNBC. “Bitcoin has a real problem because in the United States, you have an entire regulatory apparatus against it,” Jones said. Appearing on CNBC’s Squawk Box on Monday, the…
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Last Friday was a historic day for the Bitcoin network. For the first time in Bitcoin’s history, the number of wallet addresses holding at least 1 BTC entire token surpassed one million…. Read More: Number of Bitcoin Wallets With At Least 1 BTC Hits 1 Million – Smart Money Still Moving In? Read more »Sign…
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The price correlation between Bitcoin (BTC) and Ether (ETH) has dipped below 80% for the first time since November 2021, new data from crypto researcher Kaiko shows. According to Kaiko’s data, the correlation between the two largest digital assets dipped to around 78% last week, marking to lowest correlation between BTC and ETH in 18…
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Bitcoin (BTC) mining firm Marathon Digital has been served with an additional subpoena by the US Securities and Exchange Commission (SEC) over alleged securities laws violations. The violations referred to in the subpoena are related to a mining facility built by Marathon Digital in Hardin, Montana in 2020…. Read More: Marathon Digital Served with Additional…
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A new era has begun for the Bitcoin blockchain. Last week, a group of developers deployed a suite of Uniswap smart contracts directly onto the Bitcoin blockchain. Uniswap is a decentralized cryptocurrency exchange (DEX) that operates on multiple smart contract-enabled blockchains like Ethereum and Polygon and operates based on automated market maker (AMM) smart contracts….…
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