Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini, has hit out at the regulator charging the exchange over issuing unregistered securities, calling the allegations “super lame” and a “manufactured parking ticket.” In a series of tweets on Jan. 12, Winklevoss shared his disappointment over the earlier charges from the Securities and Exchange Commission (SEC) regarding
Bitcoin News
Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past
Bitcoin (BTC) wobbled at $18,000 at the Jan. 12 Wall Street open despite United States inflation continuing to fall. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin traders stay wary post-CPI Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering predictable volatility around the release of Consumer Price Index (CPI) data for December. The first
The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise Germans How to Protect Their Mobile Apps From Malware The Federal Financial Supervisory Authority of
El Salvador has passed landmark legislation providing the legal framework for a Bitcoin-backed bond — known as the “Volcano Bond” — that will be used to pay down sovereign debt and fund the construction of its proposed “Bitcoin City”. The bill passed on Jan. 11 with 62 votes for and 16 against, and is set
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading to much less transparency and potential financial stability risk.” Fed Governor on Crypto, US Economy, and
Northern Data AG, a German company that specializes in Bitcoin mining and cloud computing, has released earnings results for its mining division. Northern Data AG said that in fiscal 2022, it mined 2,798 Bitcoin (BTC), up 315% from the previous year. This led to BTC mining revenues of 77.7 million euros in fiscal 2022. The company
Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto market dominance jumped from 18.4% to its current 19% dominance rating. Ethereum’s Market Share
Bitcoin (BTC) is facing a “bottoming candle” in 2023, but BTC price action is still more than able to surprise the market. In a tweet on Jan. 11, popular trader and analyst Rekt Capital predicted that BTC/USD could see “decent upside” this year. Chart teases serious Bitcoin upside potential Analyzing Bitcoin’s four-year market cycles around
press release PRESS RELEASE. In the crypto world, 2022 was one of the most challenging years. In the wake of the FTX bankruptcy, users lost trust in centralized exchanges and began to question the security of client funds stored on centralized exchanges. Most of the top exchanges, including Binance, had been affected by a wave
Galaxy Digital Holdings CEO Mike Novogratz has hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis, saying while it’s “not good news,” it won’t “include a lot of selling.” In a Jan. 10 interview on CNBC’s Squawk Box, Novogratz said he expects the current debacle facing DCG and its related companies
The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto investors. “The purchasers were ‘rug pulled,’” the Department of Justice (DOJ) described, adding that millions of dollars in cryptocurrency were diverted for the NFT creator’s personal benefits. DOJ Takes Action Against NFT Rug Pull Scheme
While 2022 ended on a grim note with macro headwinds providing little hope of a revival in 2023, the start of a new year has surprised bears with a surge in Bitcoin (BTC), Ether (ETH) and altcoin prices. The period of sparse volatility in the crypto market appears to be ending with a breakout on
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct crypto hedge fund Three Arrows Capital (3AC), and claims that DCG orchestrated a “campaign of lies” in
Bitcoin (BTC) stayed above $17,000 on Jan. 10 as risk assets awaited fresh cues on policy from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell to kick off week of U.S. macro triggers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating after hitting $17,396 on Bitstamp the day
According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory framework for potential implementations of stablecoins. The document also discusses the regulation of initial coin offerings (ICOs) and how these can become “a new way to attract foreign direct investment (FDI) and raise capital.” ‘A
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