Bitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners.
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Bitcoin advocate dishes out sats over Lightning Network to raise BTC awareness
A Twitter user from the United Kingdom spent hours sending micropayments to strangers on the internet to demonstrate the Bitcoin Lightning Network.
Michael Saylor on the FTX fiasco: 'Unethical and illegal from the very beginning'
Saylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire.
Court sets new deadline for Celsius restructuring plan
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14.
Strike partners with Bitnob to facilitate cross-border payments into Africa
On stage at AfroBitcoin, Strike CEO Jack Mallers announced plans to improve remittance payments into Africa thanks to the Lightning Network on Bitcoin.
UK crypto bill to restrict services from abroad: Report
The regulatory amendments will broaden the powers of the country's financial regulator and put the crypto industry under tighter scrutiny.
Texas enforcers want Sam Bankman-Fried to attend the hearing in February: Law Decoded
The Texas State Securities Board (SSB) invited the former CEO to attend the hearing on the alleged sale of unregistered securities on Feb. 2.
Goldman Sachs reportedly looking to buy crypto firms after FTX collapse
Goldman Sachs executive Mathew McDermott said that their firm is already doing its due diligence on some crypto firms.
Bitcoin 2022 bear market 'usual' despite key trend line loss — analyst
On-chain data shows BTC price holding its historical trend, and the 200-week moving average is a poor way to assess the Bitcoin bear market, Superswell says.
Bitcoin 2022 bear market 'usual' despite key trend line loss — analyst
Bitcoin (BTC) spending an “unprecedented” period below a key moving average is a poor guide to the 2022 bear market.
That was the opinion of analyst Superswell, who this week championed on-chain metrics as a way of understanding current BTC price action.
“Business as usual so far” for Bitcoin bear market
In a series of tweets on Dec. 5, Superswell challenged those concerned about the 200-week simple moving average (SMA) disappearing as support on BTC/USD.
“Over the last few months, I've seen quite a few people point out that BTC failing to find support at the 200wkSMA is unprecedented and therefore we're in uncharted territory - especially considering how much time we have spent below,” part the thread read.
“This is where I personally feel that onchain data provides better information as to where we are in relation to historical capitulations than TA (ie: 200wkSMA).”
Silvergate CEO calls out 'short sellers' spreading misinformation
Silvergate Capital CEO Alan Lane has slammed “short sellers” and “other opportunists” for spreading misinformation over the last few weeks — just to score themselves a quick buck.
In a Dec. 5 public letter, Lane said there was “plenty of speculation – and misinformation” being spread by these parties to “capitalize on market uncertainty” caused in part to FTX’s catastrophic collapse in November.
His crypto-focused bank was recently forced to deny one of these so-called FUD (fear, uncertainty and doubt) campaigns last week when there was speculation that the firm was exposed to the bankrupt crypto lender BlockFi.
Lane also used the latest letter to the public as an “opportunity to set the record straight” about its investment relationship with FTX, as well as the company’s “robust risk management approach.”
Lane reiterated that the firm complies with the Bank Secrecy Act and the USA PATRIOT Act, which requires it to monitor and scrutinize “each and every account,” including FTX and Alameda research.
Silvergate CEO calls out 'short sellers' spreading misinformation
In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”
Silvergate CEO calls out 'short sellers' spreading misinformation
In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”
A loophole allowed FTX to secure its Aussie license without full checks: ASIC's Longo
ASIC's Joseph Longo pointed the finger at a loophole that allowed FTX to acquire an Australian Financial Services License under its watch.
Rumors of a new native 'Twitter Coin' emerge while Dogecoiners remain hopeful
Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as "Twitter Coin."
US consumer watchdog probes crypto firms over deceptive ads
The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets.
Ripple CTO shuts down XRP conspiracy theory from ChatGPT
An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO.
Kentucky to scrutinize contracts offering cheaper electricity to miners
An Earthjustice lawyer said the hearings and discovery process would give Kentuckians a good idea what they would be paying for by subsidizing the facilities.
Kentucky to scrutinize contracts offering cheaper electricity to miners
An Earthjustice lawyer said the hearings and discovery process would give Kentuckians a good idea what they would be paying for by subsidizing the facilities.
Kentucky to scrutinize contracts offering cheaper electricity to miners
An Earthjustice lawyer said the hearings and discovery process would give Kentuckians a good idea what they would be paying for by subsidizing the facilities.