Bitcoin price is trading in a positive zone from the $29,250 support against the US Dollar. The price is now trading above $29,500 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $30,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $30,400 resistance zone. Bitcoin price is rising from $29,250 against the US Dollar. BTC might eye...
Read More »Polygon With an Open Letter to EU Parliament, Seeks Amendments to Data Act
In the letter, Polygon’s board requests amendments to Article 30 of the EU Data Act, which the board fears could stifle blockchain development in its current format. The company behind Polygon, a Proof-of-Stake multi-chain blockchain platform around its ERC-20 token MATIC, has sent an open letter to representatives of the EU Parliament regarding Article 30 of the EU Data Act. Unintended Consequences Of EU Policy The EU Data Act, whose main purpose is to break up monopolies...
Read More »Bitcoin-Trading True Story: Durch einen Glitch zum Millionär
In den letzten Jahren hat die digitale Währung Bitcoin die Aufmerksamkeit von Menschen auf der ganzen Welt auf sich gezogen. Einige haben von ihren Investitionen in Bitcoin profitiert, während andere ihr Geld verloren haben. Doch für einen Benutzer wurde das Bitcoin-Trading zum Weg, um ein Vermögen zu machen, dank eines seltenen Glitches. Dieser Benutzer, der anonym bleiben möchte, hatte im Jahr 2016 begonnen, in Bitcoin zu investieren und beobachtete aufmerksam die Marktentwicklungen. Doch...
Read More »Bitcoin-Handel: Durch Glitch zum Millionär?
In den letzten Jahren hat die digitale Währung Bitcoin die Aufmerksamkeit von Menschen auf der ganzen Welt auf sich gezogen. Einige haben von ihren Investitionen in Bitcoin profitiert, während andere ihr Geld verloren haben. Doch für einen Benutzer wurde das Bitcoin-Trading zum Weg, um ein Vermögen zu machen, dank eines seltenen Glitches. Dieser Benutzer, der anonym bleiben möchte, hatte im Jahr 2016 begonnen, in Bitcoin zu investieren und beobachtete aufmerksam die Marktentwicklungen. Doch...
Read More »9. Swiss Innovation Challenge mit rund 100 Unternehmen erfolgreich gestartet
Der Kick-off zum grössten Innovationswettbewerb der Schweiz wurde live im Auditorium des Tagungs- und Eventcenters (TEC) im Haus der Wirtschaft (HDW) aufgenommen und an alle Beteiligten versendet. Innovative Unternehmen können sich noch bis zum 30. April 2023 zur Swiss Innovation Challenge (SIC) anmelden. Der Startschuss zur Swiss Innovation Challenge 2023 ist gefallen: Rund 100 Teilnehmende wurden mit einem Video zum Kick-off-Event aus dem Auditorium im HDW über die 9. Durchführung des...
Read More »Coinbase is About to Go to Court With the SEC: Brian Armstrong
Coinbase is on the brink of legal warfare with the Securities and Exchange Commission (SEC) to reach long-awaited clarity on how federal securities laws apply to the crypto industry, according to CEO Brian Armstrong. Should the regulator situation not improve, the executive said the exchange would consider relocating away from the United States. Will Coinbase Move Abroad? In an interview with CNBC on Tuesday, Armstrong called out “certain regulators” for taking a...
Read More »SEC Chair Under Fire by Congress: “Is Ether a Commodity or a Security?”
Securities and Exchange Commission (SEC) Chairman Gary Gensler testified before the House Financial Services Committee on Tuesday regarding the agency’s enforcement actions against the crypto industry over the past few months. The chair was pressed for answers on how exactly he differentiates between crypto securities and crypto commodities, and recent difficulties for crypto firms to access financial services. Where is the Clarity? In his opening statement, committee chair...
Read More »Crypto is Going Offshore Unless the US Changes Regulatory Stance: Coinbase CEO
Brian Armstrong – Chief Executive Officer of Coinbase – thinks US and UK-based cryptocurrency entities could relocate to other countries if the domestic watchdogs do not implement proper legislation on the industry. He also hinted that his exchange might consider such a move should the regulatory situation in the States remains the same. ‘Anything is on the Table’ According to Armstrong, the American and British authorities should enforce appropriate crypto rules to prevent...
Read More »Crowd Strike Holdings Warns of New Crypto Jacking Scheme
Crowd Strike Holdings Inc. – a security research firm – has released a new report detailing what has been labeled the first crypto jacking campaign targeting the Kubernetes infrastructure. Crypto Jacking… Yup! It’s Still Around! Crypto jacking is (at this stage) an old method of illegally mining cryptocurrency. What one does is they place malware onto a specific site or application that a victim comes across. In visiting the website or in opening the app, the malware is...
Read More »That’s a First After Shanghai: Ether Staked Volume Exceeds Withdrawals
Ethereum successfully implemented a long-awaited tech upgrade on April 12. Also known as Shapella – this upgrade enabled withdrawals for the first time from the proof-of-stake blockchain. A week later, the amount of staked Ether has now exceeded the number of ETH being withdrawn for the very first time. According to the on-chain analytic platform Nansen, withdrawal requests have taken a backseat while Ether is being staked at a fast pace. As of April 17th, the amount of ETH...
Read More »