Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%.
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Bitcoin bulls stumble at $23.4K as Fed's 'disinflation' sparks BTC price rally
Bitcoin price action returns to tackle familiar resistance, with bulls so far failing to make fresh inroads toward $25,000.
Bitcoin bulls stumble at $23.4K as Fed’s ‘disinflation’ sparks BTC price rally
Bitcoin (BTC) rebounded to key resistance on Feb. 8 as crypto markets got a boost from a familiar source.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell: “Disinflationary process” is here
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching the important $23,400 zone on Bitstamp overnight.
The pair reacted positively to the latest comments from the United States Federal Reserve, which also sent equities higher during the Feb. 7 Wall Street trading session.
Fed Chair Jerome Powell again mentioned “disinflation” during his appearance, reinforcing market hopes that interest rate hikes could cool more quickly in line with inflation. These stemmed from the latest meeting of the Federal Open Market Committee (FOMC) on Feb. 1, where the Fed raised rates by 0.25%.
“The message that we were sending at the FOMC meeting last Wednesday was really that the disinflationary process — the process of getting inflation down — has begun, and it’s begun in the goods sector, which is about a quarter of our economy,” he said at The Economic Club of Washington, D.C.
NYU to launch Web3 learning workshop in partnership with NEAR protocol
The course is exposing students to the technology underlying the industry, the industry at large and hands-on experience working with Web3 tools.
Alameda wallets resurrect to transfer FTT in the millions
Alameda linked wallet bought 1 million FTT worth $2.3 million before opening a loan position on the decentralized crypto lending platform Abracadabra.
Alameda wallets resurrect to transfer FTT in the millions
Alameda linked wallet bought 1 million FTT worth $2.3 million before opening a loan position on the decentralized crypto lending platform Abracadabra.
SEC to up scrutiny of firms offering or giving advice about crypto
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC.
SEC to up scrutiny of firms offering or giving advice about crypto
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC.
South Korean officials traveled to Serbia to find Do Kwon
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The hunt for the controversial founder of the now-collapsed Terra ecosystem, Do Kwon, has intensified with South Korean officials reportedly confirming they sent at least two people to Serbia to track him down.
According to a Feb. 7 Bloomberg report, the prosecutor’s office in Seoul said the reports “aren’t false” regarding members of its team trekking out to the Balkan state to find Kwon.
South Korean officials traveled to Serbia to find Do Kwon
South Korean authorities have previously requested cooperation from the Serbian government to bring Kwon back.
DCG offloads Grayscale shares to raise capital: Report
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.
DCG offloads Grayscale shares to raise capital: Report
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.
Voyager subpoenas FTX and Alameda execs as judge orders fee examiner
On behalf of Voyager, law firm Kirkland & Ellis subpoenaed four executives from FTX and Alameda requesting an enormous array of documents.
Bank of England thinks digital pound can co-exist with private stablecoins
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins.
Bank of England thinks digital pound can co-exist with private stablecoins
The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.”
The 116-page consultation paper was jointly released on Feb. 7 by the Bank of England (BoE) and His Majesty’s Treasury. A technology working paper was also released delving into the technical and economic design considerations.
Despite the rise of privately-issued stablecoins in recent years, the paper said CBDCs such as the digital pound can co-exist in what they expect to be a “mixed payments economy.”
“In much the same way that cash exists alongside private money, the digital pound does not need to be a dominant form of money in order to meet its public policy objectives. The digital pound could exist alongside other forms of money, including stablecoins.”
While the BoE and the Treasury hope to have a digital pound launched by 2025 “at the earliest,” at this stage, they’re still not 100% certain that it will be launched at all.
Bank of England thinks digital pound can co-exist with private stablecoins
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins.
Nokia uses the Metaverse to connect remote breweries, train aircraft techs
Once known as a manufacturer of hardy mobile phones, Nokia has been working on developing industrial use cases for the Metaverse.
SBF’s lawyers move to block release of bail guarantors' identities
The appeal, filed on the last possible day, prevents the names of two bond guarantors for SBF from being revealed until at least Feb. 14.
Former Coinbase product manager pleads guilty in insider trading case
United States prosecutors have labeled this as the first insider trading case in cryptocurrency.
Lawmakers write to US officials about crypto energy usage information gathering
Elizabeth Warren and seven other Democrats want to know how much the Environmental Protection Agency and Energy Department know about crypto mining energy draws.