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Bitcoin (BTC)

Republicans Aren’t Happy with the SEC and Gary Gensler’s Approach to Crypto Regulation

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Securities and Exchange Commission (SEC) and its head Gary Gensler are bullies. They are bullies to the crypto industry and to everyone who tries to issue digital currencies to the common public. Republicans Grill the SEC and Gary Gensler The actions of Gensler have ultimately made him the subject of wrath...

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Over 50% of BTC on Exchanges Have Moved Outside the US Due to Regulatory Uncertainty: Data

Due to unclear regulations in the United States, more than half of the bitcoin (BTC) that crypto firms hold for their customers has moved to offshore and international exchanges. According to a CryptoQuant research report shared with CryptoPotato, BTC reserves on U.S.-based crypto exchanges are down to 2017 levels, as they are being lost to non-U.S. platforms. Offshore Exchanges Dethrone US Crypto Platforms The significant decline in BTC reserves on American exchanges stems...

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ADA, SOL, SHIB Recover 8% Following Saturday’s Crash, XRP Reclaims $0.5 (Weekend Watch)

Albeit in a more modest fashion than the alts, bitcoin slumped hard yesterday by almost a grand before experiencing more volatility throughout the day. Most alternative coins, though, plummeted hard by double digits. The past 24 hours have been more positive as ADA, SOL, SHIB, and many others have managed to bounce off. Alts’ Rollercoaster It’s safe to say that the recent allegations made by the US Securities and Exchange Commission that many cryptocurrencies could actually...

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FancyCrypto: Making Crypto Mining More Accessible

Mining – the process of verifying transactions and packing them in blocks to send to the blockchain – is a critical component of many networks, including the largest one – Bitcoin. It’s the foundation around the entire cryptocurrency ecosystem (for a large part) is built on, and it is absolutely paramount to the concepts of crypto. However, it’s also very technical. It’s a process that requires complex technical setups in terms of both hardware and software, sufficient...

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Le ministère de la Justice des Etats-Unis révèle l’identité des auteurs du hack de Mtgox

Dans un communiqué de presse daté du 9 juin, le ministère de la Justice des Etats-Unis a révélé l’identité les auteurs du piratage de MtGox en 2014. Il s’agirait de deux ressortissants russes : Alexey Bilyuchenko, 43 ans, et Aleksandr Verner, 29 ans. Les deux suspects seraient parvenus à accéder aux portefeuilles de la plateforme autour de septembre 2011 et auraient dérobé 647 000 bitcoins sur une période de trois ans. Ces fonds aurait...

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Senator Ted Cruz Really Doesn’t Want a CBDC in Play

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Republican Senator from Texas Ted Cruz says he doesn’t want a digital dollar or any central bank digital currencies (CBDCs) entering the fray. He believes they’ll bring about an end to bitcoin, a cryptocurrency he has a lot of respect and admiration for. Ted Cruz Is Confident a CBDC Would Hurt BTC In a recent...

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Why Is The Market Crashing? Binance’s CZ Chips in on a Few Narratives

The market took a beating over the past 24 hours, and certain altcoins performed a lot worse than others. A lot of the worst-performing cryptocurrencies were also named in the lawsuit that the US Securities and Exchange Commission filed against Coinbase. The agency alleges that they are securities. These include Cardano’s ADA, Solana’s SOL, NEAR, Polygon’s MATIC, and so forth. Bitcoin is down 3.4%, while Ethereum – 5.7%. Even though both of them decreased, it’s nowhere near...

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Jack Dorsey Is Defending Several BTC Developers Against Craig Wright

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Jack Dorsey is creating what he’s calling the “Bitcoin Legal Defense Fund” that will, according to a recent statement, ensure the open-source nature of all bitcoin’s code. Jack Dorsey to the Rescue! The idea behind bitcoin is that it should help those who cannot gain access to standard financial products and...

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