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Bitcoin (BTC)

Ethereum Dips Below $1200 as FTX Drainer Swaps 5K ETH For Bitcoin

Ethereum’s price is trading below $1,200 on Sunday, charting a decrease of around 3.5% in the past 24 hours. This happens as the FTX account drainer is swapping ETH for wrapped Bitcoin. Data from the popular security resource, PeckShield, revealed that the address that drained funds from FTX is swapping ether for BTC. The “FTX Account Drainer” dumped around $6 million worth of ETH (around 5K ETH) and bought 357 renBTC. Source: Twitter This is causing pressure on ETH’s spot...

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Opinion: Is Limited Crypto Regulation Good for the Space?

Over the years, we’ve often discussed the implications of crypto regulation. The topic continues to be brought up as fraudulent activity within the crypto space grows at unprecedented rates. Why Regulation Is Always Talked About To this day, there are many out there that claim regulation is wrong for crypto. Despite the expansion of illicit activity, they don’t want regulation to take form as it could make the crypto space more like the traditional banking space, and the...

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Bitcoin Struggles Below $17K on Month-Low Trading Volume Day (Weekend Watch)

Bitcoin has not made any decisive moves in days as the asset remains stuck below $17,000. This is expected to an extent today, given the unusually low trading volumes. As such, the alternative coins have stalled, too, with ETH struggling to sustain above $1,200. Bitcoin Flat Below $17K The past two weeks were highly different from one another. The previous one saw massive turbulence propelled by the collapse of once the third-largest cryptocurrency exchange FTX. Bitcoin...

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Saint Kitts and Nevis to Make Bitcoin Cash Legal Tender in 2023

The island country located in the Caribbean region – Saint Kitts and Nevis – plans to turn Bitcoin Cash (BCH) into an official payment method inside its borders by March next year. The announcement positively affected the asset’s price, which jumped above $100. The Prime Minister of Saint Kitts and Nevis – Terrance Micheal Drew – disclosed that the government is willing to engage with Bitcoin Cash mining and make the asset legal tender on local soil by March 2023. The leader...

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Bitcoin, monnaie sonnante et trébuchante ou monnaie de singe ?

Cycle de tables rondes organisées par Francois Goerlich au château de Fisenne (Belgique) autour du futur de la monnaie et des solutions proposées par Bitcoin. Le 24 novembre, présentation de la sécurité de Bitcoin lors de transactions. Un degré de pureté de confiance élevé dans une monnaie lors de transactions entre inconnus améliore le « Vivre ensemble ». Les nouvelles technologies numériques peuvent-elles améliorer la confiance dans...

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If Binance or Tether Collapse, it’s Game Over for Crypto, DOGE’s Founder Says

Dogecoin’s Shibetoshi Nakamoto believes a potential crash of the crypto exchange Binance or the stablecoin-issuer Tether could severely destabilize the entire industry. He also advised people to do appropriate research and understand the digital asset’s sector specifics before entering it. Binance/Tether Collapse Could be Devastating The Co-Creator of the memecoin Dogecoin – Billy Markus (better known as Shibetoshi Nakamoto) – thinks if either Binance or Tether goes down,...

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Repas du Coin à Auxerre

Véritable institution dans la communauté Bitcoin francophone, les Repas du Coin réunissent chaque mois (sur invitation) tous ceux qui s’intéressent de près ou de loin à Bitcoin, aux monnaies décentralisées et aux blockchains : entrepreneurs, chercheurs, développeurs, blogueurs, journalistes, économistes… Le 67ème déjeuner se déroulera jeudi 15 décembre 2022 (à midi) à Auxerre. Si vous souhaitez...

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$11K or $9K: Bitcoin’s Expected Bottom Based on Previous Bear Markets

The past year or so has not been kind to the primary cryptocurrency, following many industry and macroeconomic adversities. Even though the asset has lost roughly 80% of its value since the all-time high last November, some estimations show that it could drop further, perhaps to the four-digit territory. It was approximately a year ago when the industry was booming, led by the massive gains charted by the largest cryptocurrency. Perhaps fueled by the futures ETF launched in...

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Bitcoin Fell After the Resignation of Liz Truss

Despite all the economic and financial turmoil in the United Kingdom, bitcoin has not taken advantage of the situation and dropped even further in October, even though that period has historically been bullish for the world’s number one digital currency by market cap. Bitcoin Should Have Risen, but the Opposite Happened October saw the resignation of UK prime minister Liz Truss, who set a record after serving only 44 days in her post. The news brought an onslaught of new...

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Martin Walker Tells Bermuda to Be Cautious of Crypto

Martin Walker – a tech expert and finance director at the nonprofit Center for Evidence-Based Management – says the island of Bermuda is taking a huge chance by inviting so many digital currency exchanges and related businesses to set up shop within its borders. Martin Walker to Bermuda: Be Careful! Bermuda is one of the most crypto-friendly regions in the world. The area has virtually little to no regulation when it comes to crypto activity, meaning digital currency and...

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