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Bitcoin (BTC)

Mining Pool friert Bitcoin und Ethereum ein

Es gab in der Vergangenheit schon auf diversen Cryptobörsen einen Freeze, der Auszahlungen mit bestimmten Cryptocoins unmöglich machte. Doch die Gefahr, dass die Konten eingefroren werden, gibt es auch bei Mining Pools, wie der Fall „Poolin“ zuletzt zeigte. Crypto News: Mining Pool friert Bitcoin und Ethereum einPoolin gab an, dass derzeit Liquiditätsprobleme bestehen, da es einen Anstieg bei den Auszahlungsanforderungen gibt – die Hashrate des Pools fiel um 30 – 40 Prozent. Darauf fror der...

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$33 Million Worth of Staked ETH Removed from Curve by Three Arrows Capital Wallet

For the first time in roughly 10 days, one of the wallets associated with the troubled cryptocurrency hedge fund, Three Arrows Capital, has moved some funds. On-chain data reveals that the address removed $33 million worth of stETH (staked ETH) from the Curve liquidity pool, alongside roughly $2 million worth of BTC. Data from Etherscan reveals that an address associated with Three Arrows Capital has removed some $33 million (20,945 stETH) from the Curve Liquidity Farming...

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ETH at Highest Levels Against BTC Since December 2021, What’s Next? (Ethereum Price Analysis)

Ethereum has resumed its upward trajectory in recent days. This happened after the bears failed to push the price below the support level of $1,420. The positivity is also highlighted by the fact that Ethereum is trading at its highest price against Bitcoin since December 2021. Technical Analysis By Grizzly The Daily Chart At the end of August, the bears managed to retrace the July gains and pushed the price towards the 61.8% Fib level, which lies at $1,420. The important...

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Crypto Exec Bankman-Fried Spends Big on Politics

Sam Bankman-Fried – crypto billionaire and head executive of FTX, one of the largest (and newest) digital currency platforms in the world – is spending millions of dollars on this year’s midterm elections. He has stated in recent interviews that he expects to spend more than $100 million, though people shouldn’t be surprised if he spends up to a billion. Sam Bankman-Fried: How Much Will He Spend? At the time of writing, Bankman-Fried has a net worth estimated to exceed...

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Cardano (ADA) Price Analysis: Bulls Aim Fresh Surge To $0.60

ADA price started a fresh increase above the $0.45 resistance against the US Dollar. The price is now trading above $0.47 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.480 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.480 support zone. Cardano price is showing positive signs above $0.480 against the US Dollar, similar to bitcoin. ADA price could...

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North Korea Crypto Mixer Tornado Cash Sanctioned By U.S.

North Korea and the United States are once again going at each other’s throats in the name of cryptocurrency activity. This time, it looks like the U.S. has put sanctions in place against North Korea-based crypto mixer Tornado Cash, which at the time of writing, is alleged to have laundered more than $7 billion in digital funds. North Korea Has Been Using Tornado for the Wrong Reasons North Korea has long been the subject of crypto speculation amongst North American...

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China Remains a Big Player in Crypto Mining

Despite what appears to be an ongoing hatred for bitcoin and endless attempts to rid itself of the world’s number one digital currency by market cap, China still holds a rather strong position in the crypto market. China Still Hosts a Lot of Mining Just over a year ago, China shocked the world by announcing that it was going to end all bitcoin and crypto mining operations within its borders and it declared the process of extracting units from the blockchain illegal. The...

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Calm Before the Storm as BTC Looks Ready for a Huge Move (Bitcoin Price Analysis)

Bitcoin currently gives a ‘calm before the storm’ feeling, as the price has had minimal changes in the last few days. However, there are some interesting levels to watch in the short term. Technical Analysis By: Edris The Daily Chart As seen on the daily chart, the price has observed very small changes in the last few days. Presently, Bitcoin is consolidating in a very tight range at the $20K support zone. The 50-day and 100-day moving average lines are located at the $22K...

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Sanction Breaches Must Be Reported, UK Tells Crypto Exchanges in a Rule Update: Report

The United Kingdom’s Office of Financial Sanction Implementation (OFSI) has included “cryptoassets” in a list of assets that must be frozen if they belong to a person or company who is facing sanctions. These developments come as the list of sanctioned Russian entities continue to increase. Eye on Sanctioned Accounts, Breaches As per the new rules, crypto exchanges will face criminal charges if they “fail to report clients designated for sanctions.” The exchanges must...

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Will the Federal Reserve Give BTC a Break?

It looks like the Federal Reserve is in something of a giving mood. The agency has announced that with inflation in America coming to a sudden standstill, members are looking to scale back rate hike plans in the coming months. The Federal Reserve Could Stop Hiking Rates Initially, the Federal Reserve was planning to hold another big meeting in September. Now that the month has arrived, several bitcoin enthusiasts were probably shaking in their boots, as every time the...

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