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Bitcoin
Bitcoin, Ethereum Technical Analysis: BTC Nears Fresh 9-Month High as Fed Meeting Looms
Bitcoin moved closer to a fresh nine-month high on Wednesday, as markets prepared for today’s Federal Reserve interest rate decision. The Fed is expected to hike rates by 0.25%, despite inflation falling last month to 6%. Ethereum briefly…
Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation
The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is…
Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report
Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based…
Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’
On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as…
Japan’s Largest IT Service Provider Fujitsu Files Trademark Covering Crypto Trading Services
Japanese tech giant Fujitsu has filed a trademark application with the U.S. Patent and Trademark Office that covers several cryptocurrency services. The application specifically mentions “financial management of crypto assets,”…
Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion
U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of…
Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster…
On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction…
Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011
Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately…
Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply
The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with…