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Bitcoin (BTC)

Oman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant?

CoinspeakerOman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant? Oman disclosed a partnership of $300 million with Abu Dhabi's Phoenix Group to establish a 150-megawatt crypto mining facility in collaboration with Green Data City. Oman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant?

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Stellar Lumen (XLM) Price Could Resume Downtrend Below $0.112

Stellar lumen price is struggling below the $0.125 resistance zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.123 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.125 resistance. Stellar lumen price is trading below $0.125 against the US Dollar, similar to Bitcoin. XLM price could...

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Ripple Price Analysis: Bears Aim Fresh Drop To $0.485

Ripple price is facing resistance near the $0.535 level against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.540 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.540 and $0.564. Ripple price is struggling below $0.540 against the US Dollar, like Bitcoin. XRP price must...

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Bitcoin: Verständnis von Adress Poisening

Adress Poisening, auf Deutsch auch „Adressvergiftung“ genannt, ist ein Konzept im Zusammenhang mit Kryptowährungen, insbesondere Bitcoin. Es bezieht sich auf eine Methode, bei der absichtlich falsche Informationen oder Schadsoftware verbreitet werden, um Nutzer zu betrügen oder ihre Krypto-Vermögen zu stehlen. Oder wie es kürzlich sogar den US-Behörden passiert ist: Mit einer ähnlichen Adresse wurden sogannte Kleinstüberweisungen getätigt, sodass...

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Coinbase’s Total Volume Drops by 58% in the Last 12 Months

Coinbase’s trading volume has seen a staggering plummet over the past year. That’s according to a BanklessTimes.com data analysis. The site reports that in Q2 of 2022, the exchange boasted a trading volume of $217 billion. But fast-forward to Q2 of 2023, and that figure has dwindled to $92 billion. That fall represents a 58% decline in the metric. And it has analysts and experts exploring the factors influencing the dramatic shift. BanklessTimes‘ crypto expert Alice Leetham has shared her...

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Ripple (XRP) Attracts South Korea’s Young Investor Crowd: Report

Even as XRP encountered considerable upheaval due to escalating regulatory challenges, South Korean investors have remained unfazed. In fact, the asset has emerged as the most preferred one in their portfolios, especially those in their 20s. This is evident by new findings, which show XRP comprising 20.7% of their investments, surpassing the combined 17.5% allocation for Bitcoin and Ethereum. Overall, the proportion of XRP in the portfolios of individuals in their twenties...

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Biden Will, Allegedly, NOT Turn USD into a Digital Asset

Despite the spreading of such information online, it appears Joe Biden and the rest of the White House staff have no plans, currently, to convert the U.S. dollar (USD) into a digital asset. Biden Won’t Go the Crypto Route White House assistant press secretary Robyn Patterson explained in a recent interview: There are no plans to convert the U.S. dollar into a digital asset. The discussion about whether Biden would take such action goes back to the crypto executive...

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Analysts: BlackRock Won’t Pave the Way for More BTC ETFs

BlackRock has submitted its new application for a bitcoin-based exchange-traded fund (ETF). After an initial send-back, the documentation is in, and the Securities and Exchange Commission (SEC) has confirmed that it’s reviewing the application. Many traders are waiting on the sidelines with their fingers crossed, hoping this is when the SEC gives a greenlight to bitcoin spot trading. BlackRock Won’t Help Much Despite the big move forward and all the anticipation...

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