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Bitcoin (BTC)

Source Hut Ends All Crypto Project Permissions

Source Hut – an open-source repository – has stated it’s not going to permit any more projects that delve into the digital currency or blockchain arenas. The idea is that these assets and the technology behind them are too often used for fraudulent means, and the platform doesn’t want its software, its name, or reputation tarnished should illicit actors decide to utilize its services. Source Hut Is Doing Away with Crypto Permissions The decision was made by founder and creator Drew DeVault....

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Bitcoin Price Analysis: BTC Could Initiate Next Rally If this Level Gets Broken

Bitcoin is fighting to get over two crucial resistance levels. A successful breakout above these vital barriers could potentially result in a bullish surge in the near future. Technical Analysis By Shayan The Daily Chart After touching the lower trendline of the descending wedge pattern, the price of bitcoin initiated a mini-rally followed by extremely low momentum and trading volume. The price now faces two substantial resistance levels: the 50-day moving average at $17.9K...

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Jebara Igbara Guilty of Crypto Fraud Scheme

Instagram celebrity Jebara Igbara has pled guilty to running a multimillion-dollar Ponzi scheme involving bitcoin. Jebara Igbara Guilty of Crypto Ponzi Scheme Igbara – who has amassed several million followers on social media – entered a guilty plea for his alleged crimes and could be sentenced to as many as ten full years in a federal prison. Often going by the name Jay Mazini, Igbara is 27 years of age and has built a reputation for being a generous person. His social pages often feature...

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New Jersey Unveils New String of Crypto Regulations

New Jersey wants to turn itself into the most crypto friendly region in America. That’s why it’s introducing the “Digital Assets and Blockchain Regulation” Act, which will permit decentralized autonomous organizations (DAOs) to establish themselves within the state’s borders and issue stock certificates and create tax incentives for digital currency firms. New Jersey Is Establishing New Digital Currency Laws New Jersey has been up and down in its relationship with digital assets. While some...

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Bitcoin Remains Calm in Anticipation of Tuseday’s CPI Release (Weekend Watch)

The cryptocurrency market has remained calm over the past 24 hours with unimpressive volumes, which is rather typical for the weekend. It’s also worth noting that market participants might be cautious before the release of November’s CPI numbers. Bitcoin Stable at $17K Bitcoin’s price has failed to produce any significant movements in the past 24 hours and has maintained above $17K for a total of 0.2% gains on the day, according to CoinGecko. As seen in the chart below, there...

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The White House Thinks BTC Has Just Boosted Crime

According to White House officials, bitcoin – though it has its benefits – has increased ransomware cases across the country. The White House Isn’t Confident in BTC A White House spokesperson (who remains anonymous) recently commented in an interview: When bitcoin became more widely used, we saw a huge jump in ransomware because it was a way to move money across borders. It’s a borderless threat, and we [need] to tackle it in a borderless way. The threat has clearly evolved. The government...

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Kazakhstan Lawmakers Pass New Bitcoin Mining Bills

Lawmakers in the country have passed the “On Digital Assets of the Republic of Kazakhstan” crypto assets bill and other laws that focus on crypto mining. The Mäjilis, or the lower hours of the Parliament of Kazakhstan, approved the four bills. Following the Chinese miner exodus, Kazakhstan emerged as one of the preferred destinations due to cheap electricity. However, as crypto mining boomed, lawmakers have come up with hostile measures against the industry. Stringent Rules...

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Tim Draper Thinks Women Will Really Help BTC

What will bring bitcoin back from the brink of disaster? According to famed venture capitalist and digital currency enthusiast Tim Draper, the answer is women. Tim Draper: Women Are the Answer The crypto space has been doing very poorly as of late. The industry has fallen by more than $2 trillion in valuation and some of the largest, mainstream digital assets – including bitcoin – are down by 70 percent or more from their 2021 November highs. It’s an ugly sight to see, and many analysts are...

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Claire Balva et Aurore Lalucq sur France Inter

Claire Balva Directrice « Blockchain et cryptoactifs » chez KMPG Aurore Lalucq, Députée européenne Place Publique étaient ce matin au micro d’Alexandra Bensaid pour l’émission « On n’arrête pas l’éco ». Source : radiofrance.fr Commentaire de Sébastien Gouspillou sur Twitter : « Dès l’introduction du sujet, l’animatrice annonce que l’on peut tout perdre sur les exchanges et que ça ne peut pas arriver pour des dépôts bancaires. Madame Bensaïd n’a jamais dû entendre parler...

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