Bitcoin (BTC)

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Canaan – a large manufacturer and distributor of bitcoin and crypto mining equipment – has seen its profits and revenue plunge over the course of the last several months. Thus far, net income for the company has dipped roughly 88 percent in 2022, and the company has only made a little more than $8.5 million for the year. Canaan Isn’t Doing So Hot The mining sector has been suffering heavily as of late, partly because prices are going down, but also because electricity...

Als Reaktion auf die jüngsten Ereignisse in der Kryptowährungsbranche bereitet die kanadische Wertpapieraufsichtsbehörde (CSA) strenge Maßnahmen vor. Die gestrige Ankündigung beinhaltet Pläne zum Verbot von „fremdfinanzierten Transaktionen“ – oder fremdfinanzierten Geschäften – an allen in Kanada tätigen Kryptowährungsbörsen. Darüber hinaus wird eine Reihe zusätzlicher Vorschriften für den Krypto-Handel innerhalb des Landes eingeführt. Verbot von...

ADA price is showing bearish signs below the $0.30 support zone against the US Dollar. The price is now trading below $0.30 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.295 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.300 resistance zone. Cardano price is struggling below $0.300 against the US Dollar, similar to bitcoin. ADA price must stay...

Selon le journal nigérian Punch, l’autorité des marchés financiers du Nigéria [1] envisagerait un assouplissement de la loi de 2007 sur les investissements et les valeurs mobilières afin de reconnaître Bitcoin comme support légal d’investissement. En février 2021, le Nigéria avait interdit aux entreprises de toucher aux cryptomonnaies. D’après Bitcoin Magazine, le Nigeria est aujourd’hui le pays...

Dennis Kelleher – one of DC’s top figures in the fields of banking and finance – claims to have seen the FTX collapse coming a mile away, and he’s not surprised by the aftermath it’s led to. Kelleher Believes Crypto Won’t Survive FTX was one of the world’s top digital currency exchanges. Beginning in 2019, the company rose to prominence rather quickly and has since become an embarrassment in the space. The firm initially sought help from Binance and looked to the larger...

Grayscale may consider a 20% tender offer on GBTC shares if its bid to convert into a Bitcoin spot ETF ultimately fails, said CEO Michael Sonnenshein to investors on Monday. In an interview on the same day, the executive also commented on the FTX’s collapse, the crypto bear market, and the state of Binance. Shoring Up GBTC In a conversation with CNBC, Sonnenshein acknowledged that the industry is going through a “crypto winter,” which will produce more “regulation” and...

Heat Bit – a company that recently launched a personal heater to be sold to customers – has announced that its product comes with a twist… It’s the first personal heater out there designed to mine bitcoin. Heat Bit Keeps You Warm… and Wealthy Heat Bit initially launched a Kickstarter campaign for the device last year. After getting all the proper safety licenses in place and making the money it needed, the product was unveiled last October and is now available for...

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