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Bitcoin
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.
Binance Plans to Halt EUR Withdrawals via SEPA Amid Third-Party Payment Challenges
Numerous sources have indicated that Binance, the largest crypto exchange by global trading volume, has temporarily halted EUR withdrawals and deposits through SEPA due to challenges with a third-party payment facilitator. However, a post…
Biggest Movers: LTC, ETC Rebound on Monday, Despite Bearish Sentiment
Litecoin was back in the green to start the week, despite the crypto market continuing to trend mostly lower. At the time of writing, the global market cap is down 0.59%, following a recent red wave. Ethereum classic also climbed higher on…
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate, Following Last Week’s Losses
Bitcoin rebounded from this weekend’s low on Monday, as markets attempted to consolidate following recent losses. The cryptocurrency rose back above the $26,000 level, after a brief stint below this point. Ethereum also settled,…
Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week’s Slide
The ether-bitcoin ratio rose more than 2% past week in a gain that's inconsistent with its record of taking losses during bouts of risk aversion.
Australia-Based Crypto Lender Sentenced for False Credit License Claims
The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the…
Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds
Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid,…
Latam Insights — Javier Milei’s Victory Divides Argentina; Bitso Launches Cross-Border Institutional…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Javier Milei’s victory in Argentina causes a devaluation maelstrom, and Bitso launches a…
Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shut Down
In a statement released August 17, 2023, Farmington State Bank, with an investment from Sam Bankman-Fried’s Alameda Research, consented to a cease and desist order from the U.S. Federal Reserve. Alameda invested $11.5 million into the…