Tag: bitcoin

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Singaporean Gov’t Blockchain Platform Facilitates $15.7 Million in Fundraising

Singaporean government-backed blockchain platform Tribe facilitated another $15.7 million in fundraising to support blockchain startups. The Singaporean government-backed blockchain platform Tribe has helped raise another $15.7 million for participating companies through its ecosystem. In a press release shared with Cointelegraph on Dec. 2, Tribe Accelerator revealed that a total of $28 million had been raised…
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South African Central Bank to Reportedly Introduce New Crypto Regulations

The South African Reserve Bank is reportedly going to impose new regulations for the use of digital currencies in a bid to deter crypto users from evading currency controls. The South African Reserve Bank (SARB) — the country’s central bank — is purportedly going to impose new regulations for the use of digital currencies in…
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Price Analysis 02/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Bitcoin appears to have bottomed at $6,500 and once confirmed many cryptocurrencies could provide lucrative trading opportunities at a good risk-reward ratio. Bitcoin price continues to trade with an advantage to bears but this does not mean investors or miners have capitulated. About 64% of the total Bitcoin mined to date has been dormant in…
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Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again

Ripple transfers a total of 1 billion XRP tokens from its escrow wallet to Ripple today, only to transfer it back minutes later. Whale Alert, the ever-vigilant live tracker for cryptocurrency transactions, noted that Ripple transferred a total of 1 billion XRP tokens from its escrow wallet on Dec. 2. The blockchain-based payments firm moved…
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Former CFTC Chair to Remain Focused on Crypto and Blockchain at New Law Firm

Former CFTC Chairman Giancarlo joins New York-based law firm where he will reportedly continue to advocate for the U.S. digital dollar. Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher. Digitize the dollar and take power away from…
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Monero Implements Hard Fork, Including New ASIC-Resistant Mining Algorithm

The Monero network has successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. The Monero (XMR) network has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. On Nov. 30, the Monero community workgroup did a live stream on YouTube in which the upgrade took place…
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Bitcoin Price Shifts Toward Key Moving Average as Bears Target $5,000

Bears could push Bitcoin price to its 200-week moving average below $5,000 before a mid-term reversal occurs. As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom.  Since hitting its 2019 high of approximately $13,890, Bitcoin has seen…
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US SEC Hires In-House Attorney As New Chief Of Cyber Unit

United States SEC hires an in-house attorney as Chief of the Division of Enforcement’s Cyber Unit, tasked with protecting investors against cyber-related misconduct. The United States Securities and Exchange Commission (SEC) has hired Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit, a specialized unit that aims to protect investors and markets from…
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Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange

Decentralized exchange Waves DEX shut down to resume operations as a hybrid exchange. Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2. Per the release, the exchange has already ceased operations on the old domain and the process…
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Coin Race: Top Winners/Losers of November, Top 10 Back in Red

The green-ess was short-lived for the majority of the market, as is so commonly the case. The comparison between November and October proves once again how quickly the color of the crypto market changes. Bitcoin (BTC) too failed to see a rise in its price for the month of November. And though there are certainly…
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