Bitcoin (BTC)

Bitcoin is ending the week with another dip added to its roster. The currency – which less than 24 hours ago was trading in the low $40,000 range again – has fallen by about $5,000 at the time of writing and is now trading for just over $35,000.Bitcoin Has Experienced Another Major SlipWith the first few weeks of January in the books, it appears bitcoin is having difficulty making up its mind about where it wants to be for now. Initially, the currency hit a new all-time high of roughly...

Mike Novogratz’s Galaxy is planning a significant leap into the Bitcoin mining sector. Galaxy Digital Mining will be the designated new fraction of the investment company. The upcoming project will reportedly focus on establishing a new business body aimed at providing financial services for miners.Delivering Financial Services to MinersAccording to an official press release, the Galaxy Digital Mining project will be launching in 2021. The new company will connect with already existing...

Depuis le 18 décembre 2020, toutes les sociétés pratiquant en France « l‘achat-vente d’actifs numériques contre une monnaie ayant un cours légal ou contre d’autres actifs numériques » doivent être enregistrées auprès de l’AMF en tant que Prestataire de Service sur Actifs Numériques (PSAN). Une ordonnance publiée le 9 décembre ajoute de nouvelles contraintes aux plateformes « crypto » traitant l’euro...

Selon Madame Christine Lagarde « il doit y avoir une réglementation. Cela doit être appliqué et accepté au niveau mondial car s’il y a une échappatoire, cette échappatoire sera utilisée. » Il semble ainsi sage d’utiliser l’argumentation du blanchiment d’argent et des affaires non légales, pour faire accepter une réglementation au Bitcoin, au niveau international. Pour autant nous savons désormais...

Following an unsuccessful attempt to overcome the $40,000 price tag over the past two days, BTC headed south once again to an intraday low of about $34,500. Simultaneously, while most alternative coins were in the red, the two large-caps – Chainlink and Polkadot – have both exploded to new all-time highs.Bitcoin Dips To $34.5K But Quickly RecoversThe primary cryptocurrency managed to recover the losses following a “Black Monday” style crash that drove it back to the $30K price area in a...

It seems that the old crypto giveaway scams are not as old and outdated as we though. People are still falling in 2021, feeding the scammers with large amounts of money.As hard as it may seem, there are still plenty of people who think Elon Musk is going to give them money if they send him Bitcoin (Spoiler Alert: He won’t, no matter how rich he is), and the gambit has been revived in the last few days, attracting unwary people non-stop.Bleeping Computer and Metamask estimated that in about...

The giant financial services company UBS Wealth Management is the latest organization to warn investors about the potential risks of the cryptocurrency industry. The entity has issued guidelines indicating that the price of each digital asset could plummet to zero at any point, and people need to be prepared to lose it all.UBS Wealth Outlines Crypto RisksThe Switzerland-based giant wealth manager issued a warning aimed at investors cited by Bloomberg. It reads that despite the recent bullish...

Crypto crime cannot, should not, and must not be tolerated. This is the newfound attitude that we’re seeing as of late as the digital currency industry becomes more mainstream and legitimate. Unfortunately, with the rise of bitcoin and so many other cryptocurrencies in recent months, it appears that many individuals out there are taking chances and engaging in crypto crime so they can garner assets that don’t naturally belong to them.Crypto Crime Continues Despite Many Efforts to Stop ItThe...

Nearly $5 billion in bitcoin could make their way back to Mt. Gox users following a deal between creditors and CoinLab. Nevertheless, the agreement is still reportedly subject to creditor acceptance.Bloomberg reporter Matt Leising offered a brief explanation of the story earlier today, noting that CoinLab has reached a deal with Mt. Gox creditors for 90% of the bitcoins they are owned.Should the deal indeed proceed, the creditors would receive over 135,000 bitcoins out of 150,000. With...

With bitcoin’s sudden surge back into the $40,000 range (it’s currently pulled back a little to just over $39,000 at press time), the currency appears to be back on its feet and is taking companies like Grayscale along for the ride.Grayscale Is Holding More Bitcoin Thanks to the Price SurgeGrayscale is one of the largest institutions backing bitcoin. It was recently reported that the company holds approximately three percent of the world’s BTC units, and its custody services are second to...