Over the last six months, between July to the end of 2022, just 94 Bitcoin ATMs were added to the global network.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week
Bitcoin charges above the $17,000 mark but misgivings remain among traders ahead of CPI, Fed comments and amid a brewing storm at Digital Currency Group.
BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week on a promising footing with BTC price action near one-month highs — can it last?
In a new year’s boost to bulls, BTC/USD is currently surfing levels not seen since mid-December, with the weekly close providing cause for optimism.
The move precedes a conspicuous macroeconomic week for crypto markets, with the December 2022 Consumer Price Index (CPI) print due from the United States.
Jerome Powell, Chair of the Federal Reserve, will also deliver a speech on the economy, with inflation on everyone’s radar.
Inside the crypto sphere, FTX contagion continues, with Digital Currency Group (DCG) at odds with institutional clients over its handling of solvency problems at subsidiary Genesis Trading.
Touch, smell become the next big thing for the metaverse at CES 2023
A firm called OVR Technology showcased a virtual reality headset that contained eight aromas that can be combined to generate various scents.
Swyftx to chop its 'Earn' program this week, citing murky regulations
Australian crypto exchange Swyftx has decided to close its Earn program due to a lack of clarity around crypto products regulation.
Swyftx to chop its 'Earn' program this week, citing murky regulations
Australian crypto exchange Swyftx has decided to close its Earn program due to a lack of clarity around crypto products regulation.
Logan Paul backflips on defamation lawsuit against Coffeezilla, apologizes
Logan Paul has deleted his response video aimed at Coffeezilla and has apologized in a surprise u-turn.
Bitcoin, Sango Coin and the Central African Republic
The Central African Republic adopted Bitcoin and swiftly created its own token, Sango Coin. But where did Sango Coin come from, and why is it necessary?
Wyre imposes up to a 90% withdrawal limit for all users
Wyre imposed a daily withdrawal limit on its platform subject, citing “the best interest of our community.”
SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7
Top Stories This Week
Sam Bankman-Fried enters not guilty plea for all counts in federal court
Former FTX CEO Sam Bankman-Fried (has pleaded not guilty to all charges related to the collapse of the crypto exchange, including wire fraud and securities fraud. He faces eight criminal counts, which could result in 115 years in prison if convicted. Furthemore, a petition has been filed by Bankman-Fried’s legal team asking a court to redact and not disclose certain information on individuals acting as sureties for his $250-million bond, alleging threats against his family.
US Feds put together ‘FTX task force’ to trace stolen user funds
A task force organized by the Southern District of New York has been formed to track and recover missing customer funds as well as investigate and prosecute the collapse of crypto exchange FTX. A similar effort had already been underway by FTX’s new management, which hired financial advisory company AlixPartners in December to conduct “asset-tracing” for missing digital assets.
SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7
Top Stories This Week
Sam Bankman-Fried enters not guilty plea for all counts in federal court
Former FTX CEO Sam Bankman-Fried (has pleaded not guilty to all charges related to the collapse of the crypto exchange, including wire fraud and securities fraud. He faces eight criminal counts, which could result in 115 years in prison if convicted. Furthemore, a petition has been filed by Bankman-Fried’s legal team asking a court to redact and not disclose certain information on individuals acting as sureties for his $250-million bond, alleging threats against his family.
US Feds put together ‘FTX task force’ to trace stolen user funds
A task force organized by the Southern District of New York has been formed to track and recover missing customer funds as well as investigate and prosecute the collapse of crypto exchange FTX. A similar effort had already been underway by FTX’s new management, which hired financial advisory company AlixPartners in December to conduct “asset-tracing” for missing digital assets.
SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7
Top Stories This Week
Sam Bankman-Fried enters not guilty plea for all counts in federal court
Former FTX CEO Sam Bankman-Fried (has pleaded not guilty to all charges related to the collapse of the crypto exchange, including wire fraud and securities fraud. He faces eight criminal counts, which could result in 115 years in prison if convicted. Furthemore, a petition has been filed by Bankman-Fried’s legal team asking a court to redact and not disclose certain information on individuals acting as sureties for his $250-million bond, alleging threats against his family.
US Feds put together ‘FTX task force’ to trace stolen user funds
A task force organized by the Southern District of New York has been formed to track and recover missing customer funds as well as investigate and prosecute the collapse of crypto exchange FTX. A similar effort had already been underway by FTX’s new management, which hired financial advisory company AlixPartners in December to conduct “asset-tracing” for missing digital assets.
Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report
United States prosecutors are investigating hedge funds' relationships with cryptocurrency exchange Binance for money-laundering violations.
Using blockchain technology to combat retail theft
Blockchain technology may be a solution when it comes to anti-theft measures for retailers.
Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
Bets are increasing on a push higher for Bitcoin and on BTC price action defining the current range as its macro bottom.
Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
Bitcoin (BTC) traded nearer $17,000 on Jan. 7 after the end of the year’s first trading week delivered a spike higher.
BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewAll eyes on CPI
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it briefly passed the $17,000 mark the day prior.
The pair had seen flash volatility on the back of fresh economic data from the United States, this nonetheless fading to leave the key level “unflipped” as resistance.
Nonetheless, the brief uptick delivered Bitcoin’s highest price point since Dec. 20, 2022.
Reacting, market participants continued to look to next week’s Consumer Price Index (CPI) print as a key potential catalyst for risk assets.
